Tariq Faheem

Senior Accountant | Head Accountant | 18+ Years in IFRS, VAT Compliance, Financial Reporting, Audit & Cash Flow Management

Bahrain

About

Senior Accountant and Head Accountant professional with over 18 years of progressive experience in financial management, corporate accounting, and regulatory compliance across hospitality, retail, and corporate sectors. Proven expertise in IFRS and GAAP standards, VAT compliance, statutory reporting, audit coordination, and financial governance. Highly experienced in managing end-to-end accounting operations including general ledger, accounts payable and receivable, payroll, budgeting, forecasting, and month-end and year-end closing. Strong analytical background in financial reporting, variance analysis, cost optimization, and cash flow management to support informed business decisions. Recognized for strengthening internal controls, improving audit readiness, and streamlining financial processes to enhance accuracy, compliance, and operational efficiency. Adept at leveraging ERP systems, accounting software, and advanced Excel tools to deliver timely MIS reports and actionable financial insights. Demonstrates strong leadership, stakeholder coordination, and problem-solving capabilities, with a consistent focus on ethical financial practices, risk mitigation, and continuous process improvement in fast-paced environments.

Experience

  • Head Accountant at The foundry restaurant company wll
    Jan 2018 - Present · 8 yrs 7 mos

    → Managed end-to-end accounting operations including general ledger, accounts payable, accounts receivable, payroll, and statutory reporting → Prepared and reviewed financial statements, P&L, balance sheets, and cash flow reports in line with IFRS and GAAP standards → Ensured accurate VAT compliance, tax filings, and regulatory submissions within Bahrain statutory timelines → Optimized cash flow, working capital, and liquidity planning to support uninterrupted business operations → Implemented and strengthened internal controls, risk management practices, and audit readiness frameworks → Coordinated internal and external audits, ensuring timely resolution of audit observations and compliance gaps → Streamlined reconciliation and reporting processes, significantly improving accuracy and closing timelines → Provided financial insights, KPI tracking, and budget variance analysis to support strategic management decisions

  • Senior Accountant at Sage and Sirloin Company WLL
    Feb 2011 - Dec 2017 · 6 yrs 11 mos

    → Led complete accounting functions across multi-division operations including retail, butchery, and catering → Managed general ledger accounting, payroll processing, fixed assets, inventory control, and vendor reconciliations → Oversaw cost accounting, margin analysis, and inventory valuation for perishable and non-perishable products → Prepared MIS reports, financial statements, and management dashboards for senior leadership review → Conducted detailed variance analysis to identify cost-saving opportunities and improve profitability → Ensured compliance with IFRS standards, internal policies, and statutory reporting requirements → Coordinated internal and external audits, maintaining audit-ready documentation and controls → Improved month-end and year-end closing efficiency while maintaining high reporting accuracy

  • Accountant General at Carlton Hotels
    May 2008 - Jan 2011 · 2 yrs 9 mos

    → Maintained accurate general ledger records, journal entries, reconciliations, and trial balances → Prepared monthly, quarterly, and annual financial statements, budgets, and variance reports → Managed end-to-end accounts payable and receivable cycles to ensure timely collections and payments → Supported cash flow monitoring and expense control initiatives → Assisted internal and statutory audits by preparing schedules, reports, and compliance documentation → Conducted cost analysis and provided operational financial insights to management → Implemented accounting policies and internal control procedures to ensure compliance → Supported management decision-making through accurate financial reporting and analysis

  • Shop Supervisor at Gourmet Bakers
    Nov 2006 - Apr 2008 · 1 yr 6 mos

    → Supervised daily retail operations including sales reconciliation, cash handling, and inventory management → Ensured accurate stock control, shrinkage monitoring, and sales reporting → Managed staff scheduling, training, and performance monitoring to improve productivity → Maintained compliance with company policies, operational procedures, and service standards → Coordinated merchandising and product display to enhance sales performance → Handled customer escalations and service issues to improve satisfaction and retention → Monitored daily revenue, expenses, and cash deposits for accuracy → Supported management with operational reports and process improvement suggestions