Beemisetty Sai Kumar

• Drafted comprehensive technical memos from inception, demonstrating strong analytical and writing skills.
• Played a pivotal role in the conversion project from US GAAP to IFRS for IT Company.
• Part of PwC Leasefix automation project and contributed for enhancing the Leasefix tool.
• Contributed to the review process of financial statements and disclosure requirements in accordance with US GAAP, IFRS, and Ind AS.
• Played a key role in the Ind AS conversion project, overseeing the successful transition of companies from Local GAAP to Ind AS.

• Validated the reconciliation and substantiation for selected Balance sheet accounts in accordance with International Financial Reporting Standards (IFRS) and Group Accounting policy on a quarterly basis
• Identified control lapses w.r.t non-compliance of IFRS 15, 5, 16, 9, IAS 36, 37, 19 etc. having an impact of $16Mn to P&L & $19Mn to Balance sheet for FY 2023
• Conducted analytical reviews of GL’s based on variety of parameters & ensuring compliance with IFRS and audit assertions
• Identified issues having an impact on group under IFRS 9 and presented observations identified to senior management including CFO’s of Hongkong, China, Germany, Ireland and Jersey during monthly Finance risk forums
• Performed thematic reviews on IFRS 16, WIP accounts (IAS 38) and Consumer, Private Business Banking segment (CPBB) segment (IFRS 9,15).
• Conducted trainings for ASIA & EA regions covering over 600 Participants Presented various topics to wider assurance team like IFRS 9, 15, amendments to Group Accounting policy, key observations identified during review

• Took initiative in standardizing sample selection criteria across markets - a process used to select balance sheet accounts for assurance review
• Part of QA automation Project and played key role in explaining the criteria to automation team and requirements expected out of the project Part of Agile framework project and played key role for CPBB sprint as scrum master in planning process walkthroughs with Group, selecting samples for 21 countries and coordinating with entire team on discussing challenges and completing sprint

Rane Brake Lining Ltd, Dixcy Textiles Pvt Ltd, Asirvad Microfinance Limited, Midas Safety Private Limited, Sicame India Connectors Pvt Ltd, Avalon Technologies Private Limited, Hindustan Lifecare Limited, Oil and Natural Gas Corporation Limited (KG block audit

• Actively involved in the Statutory audit / Limited review on quarterly results of Rane Brake lining & Midas safety under Indian GAAP for more than 2 FYs, thereby gaining extensive insights into the functioning of the business and the relevant industry Led the Audit team in the execution of various critical areas such as Inventory, Cost of Goods sold, Accounts receivables, Contract balances, Financial Instruments Played key role in Due Diligence audit of Dixcy Textiles Pvt Ltd in performing verification and valuation of Inventory Well versed in usage of data analytics and analytical tools in execution of audit engagements, resulted in identifying critical observations in an efficient manner.