Abdul Basit (Aca, Bfp) Email & Phone Number

Riyadh, Sa

Riyadh, Saudi Arabia

Riyadh, Saudi Arabia

Karachi, Pakistan

"Manager" in Assurance and Business Advisory Services group of A.F. Ferguson & Co. (PwC Pakistan). During association with firm, was involved in Accounting & Financial Reporting engagements, Corporate Audit, Internal Audits, Baseline Assessment, development of policies and procedures and External Audits & Reviews.Following were the key responsibilities:o TECHNICAL ROLE:- Effective planning through business and audit risk assessment activities, supervision andreview of the assurance and non-assurance engagements to meet challenging deadlines;- For audit and financial reporting engagements, ensuring compliance and application ofknowledge with respect to the requirements of ISAs, IFRSs and directives issued by theSecurities and Exchange Commission in respect of technical issues;- Understanding of entity’s process flows and analysis of design and effectiveness of variousinternal controls implemented by the entity;- Evaluation of internal controls through understanding of the design and structure ofcontrols, identifying control deficiencies making appropriate recommendations for theweaknesses identified;- Involvement in decision-making in respect of critical / significant reportable matters; and- Assisting clients in preparation of financial statements in accordance with IFRSs and localregulatory requirement.o MANAGEMENT ROLE AND CO-ORDINATION:- Acting as a team leader and team manager at various assurance and non-assuranceengagements, including supervision, training and motivation of team members andappropriate review of their work.

Pakistan

Secondment - Unilever Pakistan Control Assurance Department.Managed Rahim Yar Khan factory audit (largest audit unit) in 2019 and other areas in 2018 like food solution, logistics, procurement, administration, payroll, fixed assets etc.• Ensured compliance with global control & accounting frameworks applicable to the audit area;• Discussed significant matters & process improvements with process owners/ senior management; and• Prepared audit reports / presentations for Management Committee.

Secondment (Finance Department)• Managed year end closing activities• Prepared Financial Statements of 'Engro Elengy Terminal (Private) Limited' and consolidated Financial Statements of the parent company 'Elengy Terminal Pakistan Limited' - IFRS & local regulatory requirements• Assisted CFO & Finance Lead in key accounting issues and provided recommendations as per IFRS and local regulatory requirements• Reconciled subsidiary records with the General Ledger before financial statement audit• Prepared schedules for external auditors and resolved auditor's queries

Supervised audit team and performed audit of assigned areas of Abbott Pakistan on behalf of Central Internal Audit team-USA in accordance with Abbott Global audit guidelines. Key areas assigned to me included inventory (including costing) and fixed assets.

Aca | Bfp

Accounting, Auditing, Taxation, Finance, Management, Financial Reporting

Associate Chartered Accountant

Master Of Commerce

Awarded M.Com equivalence on successful completion of CA Pakistan

Accounting And Finance, Financial Reporting, Public Finance

Associate Public Finance Accountant

Bachelor Of Commerce (B.Com.), Accounting And Finance, 1St Division (99% In Statistics And Business Mathematics)

Intermediate (High School), Pre-Engineering, A (92% Mathematics-Ii, 79% Overall)

Matriculation (Secondary School), Computer Science, A-1 (96% Mathematics, 84% Overall)

Activities and Societies: Member of cricket team, Active participant in Major Events