Kumar Mayank

• Led multi-standard audits (ISA, PCAOB, AICPA) across IFRS, US GAAP, and UK GAAP, ensuring high audit quality and adaptability to varied regulatory requirements.
• Led high-stakes audits across diverse sectors (Manufacturing, Retail, Construction), consistently reporting findings and strategic insights directly to partners, fostering strong client relationships.
• Led audits of complex areas (IFRS 15, Impairment, Going Concern, Lease Accounting) to ensure compliance and transparency.
• Managed IAS 39 derivatives and functional currency assessments for accurate reporting and risk management.
• Enhanced audit quality through firmwide reviews, actively addressing quality control, practice reviews, and inflight reviews, leading to improved compliance and audit rigor.
• Led training sessions on complex audit matters, coaching junior staff to elevate skill levels, and supported client acquisition by contributing to high-stakes tender processes.
• Served as an internal audit specialist at Deloitte Birmingham, aiding audit teams in resolving critical practice review findings, thus strengthening firm-wide compliance standards on internal controls.
• Extensive experience in SOX environments, collaborating with senior stakeholders to present audit findings, address control deficiencies, and recommend process improvements.

Major Clients & Key Contributions

· Volvo Group UK – Led audits for five years, managing teams of 10-22. Oversaw consolidation, IFRS conversion, and SOX compliance, driving key process improvements and securing £350k in project cost recovery.

· Genesee & Wyoming UK – Led audits under US GAAP & IFRS for a freight transportation company. Managed complex areas like IFRS 16 leases and pensions, recommending improvements in 10-12 key areas.

· Antolin Group – Led UK statutory and group audits, focusing on impairment and financial controls. Managed a team of 8-10 to ensure accurate and compliant reporting.

· Superdry Plc – Managed IFRS audits for two years, handling revenue recognition, impairment, and debtors. Achieved a top FRC review score for audit quality.

· Amey Plc – Led audits for four years, overseeing revenue recognition and impairment under UK GAAP for the Consulting & Rail division.

• Led large group audits and assurance engagements, including first-time IFRS adoption and SOX deficiency remediation.
• Directed end-to-end audits, from planning to completion, ensuring compliance with firm methodologies and delivering audit and observation reports.
• Led, mentored, and managed high-performing audit teams, fostering collaboration and efficiency.
• Oversaw staff allocation, project planning, and budget management as a field manager.
• Built strong relationships across audit teams and specialists (analytics, tax, actuarial) to ensure seamless audit execution.
• Acted as the primary client contact, leading planning and closing meetings while strengthening client relationships.

Major Clients & Key Contributions

• Tata Motors – Led SOX compliance and IFRS audits under PCAOB standards for five years, managing teams of 15-25. Provided key insights on significant risk areas, recommending control process improvements.
• GlaxoSmithKline Pharmaceuticals (GSK India) – Managed IFRS audits for two years, leading a team of 7-12 to ensure compliance and accurate financial reporting.
• Piramal Enterprises (PEL) – Assisted in IFRS first-time adoption, guiding management on accounting policy updates and compliance.