Sumit Mittal Email & Phone Number

Pune, Mh, In

Bangalore, Karnataka, In

Senior Leadership position within the organization. Leading the finance operations for India, US, UK, Romania, UAE and Dubai. Heavily involved in working closely with the CEO, global leadership in crafting the business plan, long term business strategy, redirecting business decisions, investment analysis, treasury among other day to day responsibilities.

A leadership position overseeing Finance and Operations, involved in valuations, business planning, data based strategic decision making, M&A, fund raising.

Dallas, Texas, Us

• Leader of Global Finance (RTR, OTC, PTP) and processes which included financial reporting center, FPnA processes for US, Canada, UK, Romania, and India, reporting to CEO• Own monthly financial reporting and analysis, revenue and cost per hour deep dive, overhead and SG&A analysis, cash flow analysis, balance sheet analysis and identify actions• Development and implementation of finance strategy in partnership with CEO, target operating model and work closely with global leadership.• Manage cash management and treasury operations internationally in UK, Canada, US, funds’ investments and maximize free cash flows.• Regulatory Compliances, managing statutory audits, regulatory audits, local taxation for US, UK, Canada, Romania, and India• Conduct Board meetings, meticulously present the financial performance, proposals for approval with required detail.• Change management, transition of roles and transformation/ improvement of processes & ERP to enhance quality of financial reporting, controls, and governance. • Partner global stakeholders to solution for pricing, costing and margin maximization initiatives and implementation.

• Set-up the finance function by hiring the team of professionals, developed the reporting and analysis pack• Implemented business plan, budgets, forecasts, and weekly monitoring • Established KPIs for the business and accountability of various department Heads• Developed customer level profitability analysis framework and re-negotiated prices by transparent sharing of information with customers like Aditya Birla, Tata Motors, Schindler, Bluedart etc• Implemented processes/governance to enable controls driven culture and data-based decision making• Built Cash management processes to ensure timely payment of salaries, vendors and government dues• Strengthened investor and board confidence by developing investor reporting packs, conducting board meetings and had constant dialogues with them to keep them abreast of latest developments

Copenhagen, Dk

• Promoted to Chief Financial Officer of Mumbai Terminal (JV between AP Moller Maersk and Concor Ltd) from the General Manager position (ATR) at the Shared Services based on consistent business driven approach, delivering results beneficial to the organization. • Responsible for finance operations and management, procurement, legal functions• Within finance operations, responsible for ATR, OTC and PTP, budgeting, forecasting, analysis of actuals, budget versus actuals, actions identified for course corrections, updates of the global projects• Make presentations to Asia CEO and CFO, Global CFO relating to terminal performance, proposals around business strategy, agile projects for process improvements and restructuring• Reviewed Spain restructuring of 3 terminals alongwith AT Kearney and Spain management for learnings to be implemented in India operations • Implemented 14-year business plan adding USD50m revenue through business forecasting and valuation models• Managed internal and statutory audits, conducted and presented at Board meetings, compliances, investment of the cash generated from operations, partnered with the MD in resolving legacy issues and litigations.

Copenhagen, Dk

• Responsible for global ATR processes of 7 regions, with a team size of 60 to support the technical accounting reviews and IFRS implementations, process improvements, automation, consolidation, standardization and elimination of processes. Instrumental in business process improvements reducing ~30% FTEs• Implemented WFM tool to monitor the time staff spent on various apps, mapped end to end processes of all teams, analyzed them, identified areas of restructuring of processes or automation of SAP or usage of RPA. • Implemented Blackline balance sheet reconciliation, intercompany reconciliation, calendar tool to improve performance monitoring of entities• Developed updated process SOPs and performed process maturity analysis, fixed leakages of cost and revenue, minimized tax related penalties and non-compliances. • Led IFRS 3 implementation and financial integration of new acquisition and on purchase price allocation, tax restructuring and post-acquisition integration issue resolution• Led global implementation of IFRS 15/IFRS 16 and IFRS compliance of existing accounting standards • Established best in class product design and delivery model of finance operations that passed the vital test of review from McKinsey and Genpact separately

London, Gb

• Transition of financial accounting advisory activities to the newly established global delivery center to enable support to global EY offices for services like US GAAP/IFRS implementation, technical accounting advisory.• Supported the directors and partners in building team across India and worked with them to ensure client deliveries are best in class • Developed and maintained strong relationships with EY Global by having constant dialogue, sharing of knowledge on matters handled by the firm, latest hires.• Delivered hands-on several IFRS/ US GAAP projects to US and UK clients including ASC 606 and ASC 840, IFRS 3.

Zurich, Ch

• Global financial close for Credit Suisse AG, drafting of SEC reporting, IFRS conversion from US GAAP, reconciliation of IFRS and US GAAP financial results• Transition of accounting and reporting roles (team size: 8) from Zurich to India• Governance of financial close process for all Credit Suisse subsidiaries, intercompany elimination and consolidation• Leadership presentation of monthly and quarterly analysis of financial results• Built s trong relationship with global leadership based on high standard delivery and quality inputs of governance and controls• Provide hands-on learning to team members on accounting, reporting, preparation of relevant material for leadership review and information

Worldwide, Oo

• Manage IFRS/SOX audits of Royal Bank of Scotland (Ulster Bank) and Blackstone group including risk assessment, materiality assessment, audit planning, reviews, issue escalation and discussion, presentation to Audit Committee on findings• Customized audit plan, budget preparation, resource allocation, time management, mapping internal control within the client businesses and operations, team direction on strategy and issues, efficiency assessment, proactive issue escalation to clients, work with clients to assist in implementation of fixes and regular meetings/discussions with senior stakeholders, presentation of findings, control breaks, proposed fixes to senior management• Businesses of clients include corporate banking, wholesale banking, retail banking, treasury including fx, fixed income, equities, ABS, CDOs• Review of complex structures within entities involving asset-backed securitizations, CDOs, CDSs, aircraft/ship leasing, hedges, swaps• Migration audit of finance operations transferred to overseas shared services • Quality assurance reviews, final reporting on special project on process re-engineering and implementation of controls and processes at Allied Irish Banks plc with Deloitte Consulting• Led international practice reviews for selected international locations in line with the international standards of auditing • Manage audits of group of special purpose financing vehicles and asset management companies of Citibank, Royal Bank of Scotland/Natwest Group, Deutsche Bank, Goldman Sachs, Blackrock, KKR and Dexia• Business development through relationship management, strategic business proposals

New York, Ny, Us

• Managed two of the top 10 KPMG Global clients with 12-14 member teams and collaborated with several international offices of KPMG and global clients for several group reportings• Specialized in audit of corporate banking, wholesale banking, investment banking, private equity, alternative investments, syndications, capital advisory operations focused on revenue recognition, end to end process audits, review of structuring of financial products, migration audits, integration audits.• Audit of several global financial products like cash equities, forex, fixed income, syndications, leverage finance, alternative investments, private equity among others• Reviewed the accounting treatment of RMB structured products with implications on regulatory reporting• Audit of end to end of the business and operational processes in a control-based approach and challenge the effectiveness of existing control environment• Special project on front end banking selling processes, suitability assessment processes review• Managed the process SOX reviews and reporting under US GAAP• Managed overall audits/ agreed upon procedures engagements through critical review of the audit work papers, revenue maximization through identification of opportunities, cost budgeting, resource management, staff mentoring and client relationship management • Business development through client service teams and centers of excellence covering transaction services, SAS 70 projects, FATCA implementation projects, Shanghai Stock exchange listing and branch set-up

London, Gb

• Performed financial statement audits under International GAAP/GAAS, special assignments and annual tax audits• Managed team of 4-5 members and independently handled the audit engagements with minimum supervision from Partners• Reviewed complex corporate structures and reviewed accounting implications • Responsible for drafting deliverables, management letters and analytical reviews• Managed overall audit risk including review of documentation quality, liaising with US Capital Markets Desk, quality reviewers and peer reviewers• Performed audit of financial statements under Indian GAAP, IFRS conversion for AIM listing, US GAAP and assist E&Y Transaction Advisory team for sale transactionPortfolio: • Focus Infosys India Private Limited (Business process outsourcing), Oberoi Constructions Private Limited (Property), P & O Ports (Ports), CMA CGM (Container Terminal), Infomedia India Limited (Media), Franks International Middle East (BVI) Limited (Oil rig equipment hire)

Gb

• Independently handled the statutory audits/group reporting and audits under Hong Kong GAAP/GAAS in co-ordination with PwC Hong Kong, reviewed consolidation of accounts in accordance with US GAAP and HK GAAP for Hutchison Telecom• Managed Special reviews requiring compliance with tax regulations for Gujarat Glass India Private Limited (subsidiary of Nicholas Piramal India Limited)• Performed testing of controls around significant processes and identified “what could go wrong” items• Performed review of compliance of Sarbanes Oxley Act for Mentorix Technologies Limited, review of financial statements required for FCCB issues for Sun Pharmaceuticals Limited

• Independently handled and led statutory audit teams through planning, execution and final reporting• Management Reporting in the form of management letters and internal audits/process review reports detailing significant findings of audit and recommendations and client discussions• Handled financial statement audits, internal audits and tax audits - Tata Teleservices Limited (Telecommunications), Ericsson India (Telecom equipment), Intelenet Global Services Limited (Business Process Outsourcing), Dodsal Limited (Infrastructure), Fame Adlabs Limited (Media), Alok Textile Industries Limited (Garments), Mattel Toys Limited (Toys).

Chief Financial Officer Program, Finance And Financial Management Services

Certification, ‘Leading Growth Strategy ’ And ‘Business Leadership In The Age Of Disruption ’

Chartered Accountant, Accounting, Finance, Taxation, Corporate Laws And Audit

Bachelors Of Commerce, Accounting, Finance, Corporate Laws And Taxation