Kumar Mayank Sinha
Gurugram, Haryana,India
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Kumar Mayank Sinha is a results-oriented Chartered Accountant with over a decade of progressive experience in financial reporting, statutory audit, internal audit, risk management, and tax compliance. He possesses a strong understanding of Indian Accounting Standards (Ind AS), IFRS, and Indian GAAP. Kumar is adept at financial planning and analysis, budgeting, forecasting, and implementing robust internal controls. He has a proven track record of identifying financial discrepancies, optimizing financial processes, and providing strategic insights to support business growth and decision-making. Passionate about leveraging technology to enhance financial efficiency and accuracy.
Professional Summary
Kumar Mayank Sinha's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Notable Achievements
Successful Transition to Ind AS
Led the successful transition and implementation of Indian Accounting Standards (Ind AS) for a mid-sized manufacturing company, ensuring timely compliance and smooth adoption across all financial reporting processes.
Tax Optimization and Compliance
Developed and implemented tax planning strategies that resulted in significant tax savings (approx. 15% reduction in effective tax rate) for a key client while ensuring full compliance with evolving tax regulations.
Internal Control Framework Enhancement
Revamped and strengthened the internal control framework for a services company, leading to a marked reduction in operational risks and improved audit ratings.
Team Leadership and Mentoring
Effectively managed and mentored a team of 5 finance professionals, fostering a collaborative environment and enhancing team productivity and skill development.
Educational Background
Chartered Accountant , Accounting and Finance
The Institute of Chartered Accountants of India - Year 2005
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Company Overview
Bank of AmericaBank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million client households with a focus on responsible growth and community support. It offers services through various channels, including a nationwide branch network, ATMs, digital banking platforms, and call centers.
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