Faizan Baig

Faizan Baig Islamabad, Pakistan--linkedin.com/in/faizan-baig-ca-finalist5a-/ Career Profile A self-driven, motivated, and goal-oriented CA Finalist possessing a deep insight into financial reporting, group reporting, external audits, and non-assurance services currently employed at Bestway Consultancy Services. Proven ability to lead teams and cultivate positive interactions with clients and colleagues. Excited about the opportunity to excel within your esteemed organization. As a conscientious team leader, I prioritize open communication, collaboration, and a supportive environment to foster high-performance teams. My leadership style is rooted in empowering team members to excel in their roles while providing guidance and support as needed. I firmly believe that strong teamwork is the cornerstone of success in any organization. Education CA Finalist The Institute of Chartered Accountants of Pakistan January 2017 – Present Experience Bestway Consultancy Services (Private) Limited-Bestway Healthcare (UK) December 2023 - Present Analyst Financial Control Key responsibilities:  Assisting in the preparation of financial statements, including balance sheets, income statements, and cash flow statements, ensuring compliance with accounting standards and regulations.  Lead the monthly intercompany reconciliation process, ensuring accuracy and timely resolution of discrepancies between entities.  Regularly reconciling general ledger accounts with subsidiary ledgers, bank statements, and other financial records to ensure accuracy and identify discrepancies.  Record adjusting journal entries for accruals, prepayments, depreciation, and other adjustments necessary to reflect the true financial position of the organization.  Working closely with other departments such as accounts payable, accounts receivable, and finance to gather necessary information and ensure accurate financial reporting.  Identifying opportunities to streamline accounting processes, enhance controls, and improve the efficiency and effectiveness of financial operations.  Analyzing variances between budgeted and actual expenses or revenues and investigating any discrepancies to understand the underlying causes.  Providing support during internal and external audits by preparing documentation, answering queries, and ensuring that all financial records are in order.  Staying updated on accounting standards, regulations, and industry best practices to ensure compliance and enhance financial reporting processes. Khilji Rahat Waheed Chartered Accountants Tax Associate Key responsibilities:     September 2022 –November 2023 Ensure accurate and timely preparation, review, and filing of various tax returns, including individual, corporate and partnership, adhering to regulatory requirements and deadlines. Utilize tax software applications and tools effectively to streamline tax preparation, calculation, and reporting processes. Communicate effectively with clients or internal teams to gather necessary tax information, explain tax concepts, and address inquiries or concerns. Build and maintain strong client relationships through clear and responsive communication. Collaborate with auditors during tax audits and resolve issues efficiently. Baker Tilly Pakistan Senior Audit Associate Key responsibilities:           December 2019 – August 2022 Leading the entire audit engagements from planning and execution to completion stages, including materiality determination, risk assessment and scoping activities and managing teams. Supervising different teams of juniors in execution and finalization of audit assignments of different sectors including NPOs, Construction, Energy, Retail, Aviation, IT services, Agriculture. Keeping informed the engagement leader and managers regarding the progress of the engagements and getting the work reviewed. Applying the practical aspects of International Financial Reporting Standards (IFRSs) and ISAs during assurance engagements. Assisting clients in the preparation of financial statements in accordance with the applicable IFRSs, corporate laws, listing regulations, taxation regulations and other directives of regulatory authorities. Assessment of entity's business, environment, and internal control risks. Understanding of entity’s business processes, analysis and review of design and effectiveness of internal controls implemented by management, identification of significant weaknesses and recommending improvements therein. Co-ordination with professionals in various fields like legal, taxation, actuarial and IT experts. Working effectively in different teams for varying periods of time, building diverse and effective relationships with both colleagues and clients’ personnel based on mutual respect; and Supervision, professional development, and on-the-job training of staff. Accomplishments and Professional Developments     Actively participated in various functions and events at firm, college, and school. Completed certificate course on Virtual External Audit from PwC Switzerland. Completed Professional Values, Ethics and Attitudes Course prescribed by ICAP. Completed 50 hours Presentation & Communication Skills Course (PCSC-I) prescribed by ICAP focusing on presentation techniques and group discussions. Core Competencies and Skills External Audit and Other Assurance services • Financial Reporting • Financial Statement Preparation and Analysis • Group Reporting • IFRS, IAS and ISA’s • Accounts Payables and Receivables • Income Tax Returns • Risk Identification, Assessment and Management • Control Evaluation and Implementation • Supervision and Team Management • MS Office • Dynamics Navision • Sage50 • Navision2009 • Open Accounts (OA8) • Excellent time management skills • Multi-tasking • Relationship building • Interpersonal skills • Team player • Effective communication Interests Hobbies Cricket, travelling and watching movies. Availability Available with one month notice period however shorter notice period is negotiable. References Available upon request.