Sumit Gupta

Internal Controls, Firm Controllership

• Leading the internal control processes for Hire-to-Retire and Equity/Partner Capital functions.
• Supporting the design and implementation of control frameworks by conducting detailed walkthroughs with cross-functional teams.
• Developing comprehensive risk and control matrices from inception to completion.

North America - Entity Controllership

• Served as a key member of the North America local finance team, overseeing compensation costs and liability reviews.
• Delivered detailed variance analyses and insights to Group Controllership on a monthly basis.
• Managed tax compliance processes, including the preparation and filing of 1042 returns.
• Preparation of US GAAP financials and getting the same audited by external auditors for one of the US McKinsey entities.

Environment, Social & Governance (ESG)

• Supported the Global Social Responsibility department in tracking and reporting all finance-related ESG metrics.
• Coordinated external audits of charitable contributions, and ensured compliance with reporting standards.
• Collaborated across teams to compile data for voluntary and mandatory filings, including the ESG report and CDP submissions.
• Led initiatives to ensure compliance with EU Taxonomy regulations.

• Led the Firm's global loans function, managing loans for members pursuing higher education (e.g., MBAs at top business schools). Implemented Loan Manager software to transition the process to a system-driven function.
• Supported the Partner Capital function, ensuring smooth operations and compliance.
• Directed the Finance function for McKinsey's Chennai entity, overseeing branch offices in Chennai, Bangalore, and Trivandrum.
• Managed internal and statutory audits for McKinsey Gurugram entity, ensuring compliance and accuracy.
• Led the Finance function for McKinsey Poland entities in 2021 during a one-year maternity leave of the Finance Manager.
• Spearheaded tax compliance initiatives, including the implementation of Oracle for maintaining statutory books.
• Managed the Provident Fund Trust Function for McKinsey Gurugram entity, ensuring regulatory compliance and efficient operations.
• Led the Payroll Department for McKinsey Gurugram entity, streamlining processes and ensuring timely and accurate payroll execution.