Sumit Gautam

About Sumit Gautam

Experienced Audit & Assurance professional with over 9 years of extensive experience across Statutory Audit, Internal Audit, Tax Audit, and Risk Advisory Services. Demonstrated ability to lead and execute audits for clients across diverse sectors including FMCG, Hospitality, Banking, Retail, and Algorithmic Trading. Adept at applying a risk-based approach to audit planning and execution while ensuring strict adherence to applicable accounting and regulatory frameworks. Proficient in conducting audits in compliance with Indian GAAP (IGAAP) and Ind AS, with hands-on experience in preparing and reviewing financial statements, consolidations, and regulatory filings. Expertise in the preparation and analysis of Fixed Asset Registers, working papers, and audit documentation that support audit conclusions in line with professional standards. Skilled in evaluating and testing internal control systems (TOC/TOD), identifying process gaps, and developing Risk Control Matrices (RCMs) to enhance process efficiency and mitigate organizational risks. Experienced in conducting audits of end-to-end business cycles including Order to Cash (O2C), Procure to Pay (P2P), and Hire to Retire (H2R) processes. Worked with clients in statutory bank audits, concurrent audits and Stock audits. Possess a deep understanding of tax laws and statutory compliances such as TDS, GST, ESI, EPF, and Bonus/Gratuity provisions. Have also participated in assignments involving valuation of shares using Net Worth and DCF methods for court-mandated financial assessments. Completed 30 hours of hands-on Audit & Excel Training from Thinking Bridge, a platform founded by Big 4 alumni, covering control testing, substantive testing procedures, and audit documentation best practices. Technically proficient in SAP (FICO & MM modules), Tally, Navision, IDS, and QuickBooks, with strong command over MS Excel and other MS Office tools. Known for delivering high-quality audit reports, driving improvements in internal controls, and contributing to the overall financial integrity and governance of client organizations.

Experience

1. Audit Manager

   Agms & Co. - Chartered Accountants

   Jun 2023 — Present · Kaushambi, IN

Education

• Green Land Academy

  Business/Commerce, General

  1994 — 2008

• The Institute of Chartered Accountants of India

  Bachelor of Commerce (B.Com.)

  2009 — 2015