RAMU MERUGU
Dubai,United Arab Emirates
Summary
- Finance professional with expertise in SAP software and ERP systems, demonstrating strong leadership and time management skills. Proficient in audit processes, balance sheet reviews, and treasury functions, with a solid understanding of IFRS and tax preparations. Experienced in financial data analysis, contributing to organizational success through strategic insights and effective management. Proven track record in group consolidation, financial planning, variance analysis, cash flow forecasting, collaborating with all Big 4 audit firms from the client side.
Overview
18
18
years of professional experience
Work history
Finance Head
High Power Signature LLC
Dubai, UAE
2025.10 - Current
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
- Managed cash flow and liquidity, mitigating financial risks and ensuring stability.
- Developed comprehensive financial reports for top management review.
- Directed budgeting and forecasting activities to align financial goals with organisational objectives.
- Monitored and reviewed financial controls, processes and procedures to enable best practice development.
- Administered payroll processes for accurate, timely salary disbursements.
- Prepared regular cash flow reports assisting in better fund allocation.
- Oversaw financial reporting processes, maintaining accuracy and compliance with regulatory standards.
- Liaised between finance department and other departments fostering inter-departmental collaboration.
- Compliance with UAT VAT and Corporate Taxation laws and return fillings
Audit Partner
CA Ramu & Associates
Jagtial, India
2022.03 - 2025.09
- Delivered comprehensive advisory services that enhanced client compliance and satisfaction.
- Achieved high-quality audit and assurance results, strengthening client relationships.
- Optimised tax strategies and provided expert guidance on corporate law and financial transactions.
Business Finance Head
AG Facilities Solutions LLC, Al Ghurair Group
Dubai, United Arab Emirates
2017.11 - 2022.01
- Spearheaded management of financial and accounting operations, ensuring accurate preparation of financial statements and cash flow forecasts.
- Directed monthly results review, budget oversight, and variance reporting to drive informed financial decisions.
- Conducted comprehensive analysis of operational and financial data to identify strategic opportunities and mitigate risks.
- Oversaw management of revenue cash flows and enhanced forecasting processes to align with policy.
- Managed bank facilities including funded and non-funded options to optimise financial resources.
- Led VAT record management and provided strategic guidance on tax compliance and invoice preparation.
- Oversaw daily operations to achieve high productivity levels.
- Reviewed and updated internal financial policies, ensuring compliance with regulations.
- Implemented new financial systems enhancing data accessibility and reliability.
- Ensured accurate tax filings, avoiding penalties and interest charges.
Finance Manager
ETA ASCON & STAR Group of Companies
Dubai
2015.01 - 2017.10
- Oversaw management of group audits and individual company audits, ensuring compliance and accuracy.
- Directed preparation and finalisation of group consolidated financial statements, incorporating notes to accounts and cash flow statements in line with IAS and IFRS, for a portfolio of over 60 subsidiaries, joint ventures, and associates.
- Led detailed variance analysis of P&L account items and balance sheet items against budgets and prior periods.
- Managed preparation of budgets, forecasts, and financial planning & analysis reports.
- Collaborated with internal and external auditors, including representatives from Big 4 firms, to ensure thorough auditing processes.
- Designed and delivered board presentations for strategic meetings.
- Conducted thorough risk assessments to mitigate potential losses.
Specialist
Shell India Marketing Pvt. Limited
2013.04 - 2014.09
- Profile : Local statutory reporting of companies registered in United Kingdom and India under Royal Dutch Shell Plc group
- Preparation of annual reports as per the UK GAAP and Indian GAAP
- Co-coordinating and liaise with Statutory Auditors
- Ensuring Compliance with various statutes - Companies Act, Income Tax Act, Local Sales tax including CST and VAT and Indian GAAP
- Preparation of cost audit report and coordinating with the cost auditors
- Supporting the UK onshore tax teams by way of providing the required details
Audit Manager
Sathish & Associates, Chartered
2012.11 - 2013.03
- Conducting Statutory, Internal and Tax Audits Supervising the articles clerks and paid assistants work and working papers, lead and mentor them
Senior Finance & Accounts Executive
ETA Ascon and Star Group of Companies
Dubai, United Arab Emirates
2009.01 - 2012.08
- Spearheaded preparation of annual accounts, ensuring transparency and accountability in financial reporting.
- Reviewed annual financial statements, collaborating with audit partners to produce statutory accounts.
- Provided valuable insights in monthly and quarterly business planning cycles.
- Introduced and managed IFRS technical accounting policies and best practices.
Finance Officer
Hindustan Aeronautics Limited
Nasik, India
2008.03 - 2008.12
- Costing and Bills Receivables- Computation of Service tax and Sales tax
- Filing of the Returns like VAT Form 221, CST 1, ST-1 and ST-3 etc
- Calculate Material Variances and correlate with Bill of Materials, advise production supervisors to take corrective actions on variances
- Identify the process losses and other reasons for variances and escalate to top management
- Carry out billing, collection and reporting activities according to specific deadlines
- Monitoring day to day entries of bills receivables and Credit Controlling.
Education
Diploma in International Financial Reporting - International Financial Reporting
Association of Chartered Certified Accountants
United KingdomChartered Accountant -
Institute of Chartered Accountants of India
Bachelor of Commerce -
Kakatiya University
Skills
- SAP software expertise
- Efficient time management
- Audit processes familiarity
- Balance sheet review
- Treasury functions knowledge
- Knowledge of ifrs
- Familiarity with erp systems
- Leadership engagement
- Tax preparations understanding
- Financial data analysis
Accomplishments
- Audited Financial Statements are finalised before AGM first time ever at Shell India Markets Private Ltd
- Standardised Group Reporting Pack for Consolidation Purpose at ETA Star Group, one of the largest Congloramates in UAE
- Successfully negotiated bank facilities for newly formed company including Project Finance
- Part of development of customised software for Facilities Management Industry specific and Successfully completed implementation of SAP FSCM Modules with Satyam Computers ( Software Developers)
Languages
Telugu
Native language
English
Proficient (C2)
Telugu
Proficient (C2)
Hindi
Advanced (C1)
Awards
- Center Finance Lead Award and Special Recognition Award for the month of October 2013 during my probation, first time in History of Shell awarded during probation
- Awarded with Innovation Award at ETA Star Group
Others
Marital Status: Married
Licence: Valid LMV licence from United Arab Emirates
Reference: Available on request
Timeline
Finance Head
High Power Signature LLC
2025.10 - Current
Audit Partner
CA Ramu & Associates
2022.03 - 2025.09
Business Finance Head
AG Facilities Solutions LLC, Al Ghurair Group
2017.11 - 2022.01
Finance Manager
ETA ASCON & STAR Group of Companies
2015.01 - 2017.10
Specialist
Shell India Marketing Pvt. Limited
2013.04 - 2014.09
Audit Manager
Sathish & Associates, Chartered
2012.11 - 2013.03
Senior Finance & Accounts Executive
ETA Ascon and Star Group of Companies
2009.01 - 2012.08
Finance Officer
Hindustan Aeronautics Limited
2008.03 - 2008.12
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelor of Commerce -
Kakatiya University
Diploma in International Financial Reporting - International Financial Reporting
Association of Chartered Certified Accountants