Farzan Zafar
Dubai,United Arab Emirates
Summary
Finance professional with expertise in financial reporting, audit coordination, and cash flow management. Proficient in managing accounts receivable and payable while ensuring compliance with regulatory standards. Dedicated to utilizing analytical skills to drive financial efficiency and support organizational objectives.
Overview
12
12
years of professional experience
2021
2021
years of post-secondary education
Work history
Finance Executive
Islamic Arab Insurance Company
Dubai, UAE
06.2022 - 12.2025
- Financial Reporting and Closing under IFRS to ensure accuracy and transparency across multiple Jurisdiction.
- Month-end closing processes including accruals ,prepayments and maintaining fixed assets registers.
- Optimized VAT management, budgeting variance, and cash flow planning, contributing to financial stability.
- Enhanced accounts receivable and payable efficiency, ensuring timely invoicing and reconciliations.
- Established robust internal controls and financial governance frameworks, significantly improving process integrity across business units.
Senior Accountant
ASAS Real Estate
Sharjah
08.2019 - 05.2022
- Prepared monthly Profit & Loss statements and cash flow reports
- Accounts Receivable lifecycle, from invoicing to month-end-closing
- VAT filings and documentation for all managed projects, maintaining compliance with UAE tax laws and facilitating smooth coordination with auditors and authorities.
Senior Accountant
Islamic Arab Insurance Company
Dubai
04.2018 - 08.2019
- Monthly financial reporting and month-end-closing.
- VAT filing ,Statutory and Regulatory reporting.
- Aided in developing financial models and dashboards using Excel.
- Coordinated with internal and external auditors.
- Handling AR and AP with other insurance companies.
Finance Executive
Passion Food and Beverages
Dubai
05.2017 - 03.2018
- Assisted in managing financial budgets, costs, and payroll processes.
- Supported management of accounts receivable and payable.
- Aided in streamlining accounting systems and integrating VAT and corporate tax compliance reporting.
- Conducted monthly stock taking.
General Accountant
Gulf Horizon FMCG Distribution LLC
Dubai, UAE
05.2015 - 02.2017
- Maintained accounting records for sales, purchases, payments, and receipts.
- Assisted in monthly, quarterly, and annual financial reporting
- Prepared and issued customer invoices while following up on overdue receivables.
- Processed supplier invoices and tracked payments to manage rebate claims and discounts.
- Performed stock taking and reconciled physical inventory with system records while monitoring stock movements.
- Prepared bank reconciliations and managed petty cash ensuring proper cash handling.
- Supported internal and external audits by providing accurate schedules and documentation.
- Collaborated with sales, warehouse, and logistics teams to ensure smooth financial operations.
Senior Officer Accounts
Masood Textile Mills
Faisalabad
08.2013 - 04.2015
- Daily P&L reporting and expense tracking for the knitting division.
- Assisted with stock counts and operational reporting.
- Used advanced Excel and analytics to enhance analysis efficiency and data insights.
Education
BSc (Hons) - Applied Accounting
Oxford Brooks University
United KingdomChartered Certified Accountant - ACCA ( 10 / 14 Papers Passed )
ACCA
United KingdomCertified Accounting Technician - Accounting
ACCA
United Kingdom 01.2009 - 12.2009
Skills
- Financial reporting and ledger management
- Audit coordination
- Cash flow oversight
- Fixed asset management
- Management information systems reporting
- Month-end closing processes
- Accounts receivable and payable oversight
- Excel proficiency
- Internal control development
- Budgeting strategies
- Variance analysis
Languages
English
Advanced (C1)
Urdu
Proficient (C2)
Hindi
Upper intermediate (B2)
Punjabi
Proficient (C2)
Arabic
Beginner
ERP Systems
- Oracle ERP
- Ace Financials
- Penta Financials
- Odoo
Timeline
Finance Executive
Islamic Arab Insurance Company
06.2022 - 12.2025
Senior Accountant
ASAS Real Estate
08.2019 - 05.2022
Senior Accountant
Islamic Arab Insurance Company
04.2018 - 08.2019
Finance Executive
Passion Food and Beverages
05.2017 - 03.2018
General Accountant
Gulf Horizon FMCG Distribution LLC
05.2015 - 02.2017
Senior Officer Accounts
Masood Textile Mills
08.2013 - 04.2015
Certified Accounting Technician - Accounting
ACCA
01.2009 - 12.2009
BSc (Hons) - Applied Accounting
Oxford Brooks University
Chartered Certified Accountant - ACCA ( 10 / 14 Papers Passed )
ACCA