Kshitij Mittal

Work Experience

Mar 2020 - Mar 2021 Grant Thornton Bharat LLP, Gurgaon Audit Analyst – Assurance -  Recipient of “Best Client Facing Team” Award in India along with other team members for Q3 of 2020-21 - Performing audit procedures involving all areas in compliance with Ind AS such as leases, revenue, property, plant, and equipments, deferred tax assets/liability, tax expenses, treasury, employee costs, operating expenses, debtors, creditors, borrowings, other assets/liabilities/incomes, investments in equity, and much more - Directly interacted with KMPs such as CFO, CS liasioning with them to effectively complete audits - Finalization of financial statements by it’s consolidation with group, impairment analysis, related parties, contingent liabilities, commitments, checking for subsequent events, going concern by understanding future projections for COVID-19 impact, minutes of meetings, secretarial records - Addressed Test of controls for ICoFR Reporting by Risk and Control Matrix, walkthroughs, in Initial Audits of new client, conducting Stock Counts involving physical verification of inventory - FEMA, 1999 - Certified for Form ODI and APR overseas direct investments by Indian Party - M & A Deals - Leveraging audits by reperforming IRR, sensitivity analysis of new JVs and Subsidiaries

Mar 2021 - Mar 2023 Sanmarks and Associates, Greater Faridabad Senior Analyst – Regulatory - Performed the Statutory Bank Branch Audit assignment of a national bank having an asset base of ₹ 5 Trillion by improving the deficiencies in NPA Provisioning due to the Moratorium imposed in COVID-19 - Accomplished better disclosure of government grants in our initial PSU Audit engagement of Smart City and proper recognition of various infrastructure projects in Financial Statements as per CAG Guidelines. - Improved the Internal control systems by automating and computerizing the manual systems in CBSE & HBSE Affiliated Schools under aegis of AVPS (Trust) resulting in better control. - Did all facets of direct taxation compliance, advisory and litigation whereby, 1. Led assignment of tax withholding compliance of client having tax exposure of more than ₹ 100 Million p.a 2. Drafted reply to notices & assessments, advisory for new provisions & tax planning 3. Effected tax audits including Form 29B and filed ITRs of 20+ Assessees involved as Investors, Promoters, legal heirs, Professionals, leasing, real estate dealers, agents. 4. Filed correction statements, TDS Returns, made payments (Form 26QB) through TRACES. - Help raise funding from Banks of ₹ 6 million by preparing CMA Reports & Projected balance sheets. - Company & LLP E-Filing such as Form AOC 4, MGT 7/7A, ADT-1, DPT-3, DIR 8, DIR 12, Form 8, 11 etc. along with XBRL Reporting.