Business

An Exceptional Professional Transforming the World of Corporate Finance and Auditing

Faith Babalola is rapidly becoming a name synonymous with excellence in corporate finance, audit, and advisory. With a robust educational foundation and a wealth of hands-on experience, Babalola has demonstrated a remarkable ability to thrive in some of the most prestigious firms across continents, from Nigeria to the United States.

Her professional journey is a testament to her resilience, commitment, and exceptional analytical skills, which have enabled her to tackle complex financial challenges and emerge as a rising star in the industry.

Currently, Faith Babalola responsibilities include overseeing audits, managing client relationships, and leading audit teams to ensure the accuracy and integrity of financial statements. Babalola’s meticulous attention to detail ensures that the firm’s audits meet the rigorous standards set by regulatory bodies, such as the PCAOB and SEC, while providing invaluable insights that help clients address operational inefficiencies and mitigate financial risks.

Before moving to the U.S., Babalola garnered invaluable experience at PwC Nigeria, where she worked as a Capital Market and Accounting Consulting Associate. During this time, she was entrusted with preparing and analyzing financial statements in accordance with international financial reporting standards (IFRS), including IFRS 9 on Expected Credit Losses (ECL).

Her expertise in advanced Excel techniques and IFRS guidelines helped her successfully model credit losses for electricity distribution companies, aiding them in meeting regulatory requirements. Babalola’s role was also pivotal in advisory services for companies undergoing large-scale transactions, such as the multi-billion dollar divestment of an oil company’s operations, where her insights were crucial in determining the fair market value.

Her career at PwC was also marked by her contribution to capital market services. Babalola supported clients raising funds in the capital market, helping them navigate the complex financial landscape and secure investments totaling in the hundreds of thousands of dollars. Her ability to perform comfort procedures on financial statements for clients looking to raise funds in the capital market has been an integral part of her role, further cementing her reputation as a trusted advisor in the financial sector.

Babalola’s expertise is complemented by a solid academic foundation. She graduated with honors in Accounting from Covenant University in Nigeria, achieving an outstanding GPA of 4.48/5.0. She further pursued her education at The Pennsylvania State University, where she earned a Master’s in Corporate Finance with a remarkable GPA of 3.88/4.0. To enhance her skill set, she also obtained a Graduate Certificate in Business Analytics from Penn State’s Smeal College of Business finishing with a perfect 4.0 GPA, showcasing her aptitude for leveraging data-driven insights to drive financial decision-making.

Faith’s professional journey is not just about technical expertise but also leadership and mentoring. As an Assurance Senior Associate at Forvis Mazars, she supervises, trains, and mentors audit staff and interns, helping them grow and learn in a fast-paced and ever-evolving industry. Her ability to juggle multiple priorities and meet deadlines while delivering high-quality work has earned her the respect of both colleagues and clients.

In addition to her professional achievements, Babalola has actively volunteered in community outreach programs. Notably, she participated in gender equality awareness initiatives in Lagos, Nigeria, where she sensitized over 2,500 secondary school students on the importance of gender equality. Babalola’s dedication to social causes also extends to her time as a College Representative at Covenant University, where she was responsible for overseeing activities for over 2,000 students and managing a budget of $6,000.

Babalola’s technical skills are complemented by her proficiency in a range of software tools, including advanced Microsoft Excel, R Programming, CaseWare Working Papers, and SPSS. These skills, combined with her leadership and communication abilities, position her as a formidable force in the fields of auditing and corporate finance.

Looking ahead, Faith Babalola is poised to continue making a lasting impact in the corporate finance world. She is currently also pursuing the Certified Public Accountant (CPA) Certification so she can continue to offer unmatched client experience to her clients.

With her exceptional expertise, leadership abilities, and unwavering dedication, she will undoubtedly play a key role in shaping the future of finance and auditing. As she continues to grow in her career, Babalola’s influence will be felt across industries and borders, inspiring the next generation of finance professionals to pursue excellence with integrity and purpose.

With the global financial landscape constantly evolving, Faith Babalola’s ability to adapt, innovate, and lead makes her a trailblazer in the industry, and one to watch as she reaches even greater heights in her already impressive career.

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