Sushmita Jain

• Led and managed external audit engagements in accordance with International Standards on Auditing (ISA) and KPMG's Global Audit Methodology, ensuring high-quality, timely, and compliant audits.
• Conducted internal audits and tested Internal Financial Controls (IFC), including preparation and evaluation of Risk and Control Matrices (RCMs), ensuring alignment with regulatory requirements and internal policies.
• Prepared standalone and consolidated financial statements in compliance with applicable framework and regulatory norms.
• Took full ownership of audit engagements from planning to finalization, including risks assessment, audit strategy, execution, and client reporting.
• Prepared audit deliverables such as management letters, audit reports, and presentations for audit committees, clearly communicating key findings, risks, and their potential impact.
• Identified operational and financial improvement areas across clients and provided actionable recommendations to strengthen internal controls and enhance efficiency.
• Served as a key liaison between client management and engagement partners to align expectations and deliver high-quality outcomes.
• Mentored and supervised junior staff, providing guidance, delegating tasks, and supporting professional development.
• Actively engaged in client-facing activities, including fieldwork execution, walkthrough, and discussions with senior management and stakeholders.
• Specialized in auditing complex areas such as revenue recognition, provisions, financial instruments, and related party transactions across diverse industry sectors.

Key Clients:

• Telecommunications: Vodafone Qatar P.Q.S.C.
• Energy & Chemicals: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.P.J.S.C.
• Shipping Services: Qatar Gas Transport Company Limited (Nakilat)
• Hospitality: Park Hyatt Doha Hotels, Mandarin Oriental Doha Hotel
• Trading & Contracting: Al Muftah Group, Qatar

• Executed statutory audits and limited reviews under Indian GAAP (IGAAP), US GAAP, and IFRS, ensuring accurate reporting and compliance with relevant financial frameworks.
• Review of RCM (Risk and Control Matrix), understanding of client's business through interaction with them and preparation of audit scope and strategy through TPE (Team planning event).
• Testing and reporting on efficiency and effectiveness of Internal Financial Controls designed by the entity.
• Led end-to-end audit engagements, from planning to conclusion, including execution of key audit areas such as project management, variance analysis, preparation of conclusion documents and auditor's report.
• Performed key role in establishing coordination among client's requirement and Partner's expectations.
• Compliance with GT Audit methodology in performing professional duties.
• Reviewed clients' financial reporting processes and recommended improvements to facilitate better and accurate presentation.
• Coordinated multi-location audit work with Grant Thornton international offices (UK, Australia, Malaysia, Bahrain, Qatar, and Netherlands) for group and component audits.

• Conducted tax audits under Section 44AB of the Income Tax Act, 1961, including preparation of audit reports, detailed notes to accounts, and ensuring compliance with Accounting Standards and audit procedures.
• Prepared and filed Income Tax and TDS returns for individuals, firms, and companies, and assisted in responding to scrutiny notices issued by the Income Tax Department.
• Managed VAT, Entry Tax (ET), and Central Sales Tax (CST) return filings and successfully handled Sales Tax assessments for various entities.
• Conducted statutory audits of listed and unlisted companies in compliance with the Companies Act and MCA guidelines, along with preparation and filing of annual ROC returns.
• Supported government audit procedures for educational institutions, including Government College Depalpur and Government College Sanwer in Madhya Pradesh.