Satya Bharat  Damaraju

Satya Bharat Damaraju Email and Phone Number

CFA | FCA | FTA Tax Agent (TAAN 20052734) | ACMA | IFRS & Tax Professional | CEO at DSB Chartered Accountants @ DSB Chartered Accountants
Satya Bharat Damaraju's Location
Dubai, United Arab Emirates, United Arab Emirates
About Satya Bharat Damaraju

Knowledge Is Power And When It Is At Your Fingertips, It Becomes The Powerhouse Of PossibilitiesReady to discover a fusion of finance expertise and technological prowess? Meet Satya Bharath Damaraju!🚀 Who am I?A Fellow Chartered Accountant, Chartered Financial Analyst, Cost & Management Accountant, and more – all wrapped up in a passion for Tax, financial Reporting & Tech. With 14 years of experience spanning India and the Middle East, I've made waves in the manufacturing, service, and pharma sectors.📊 My specialtiesFrom financial reporting and valuation to taxation and compliance, I've got it all covered. I excel in budgeting, business development, financial analysis, working capital management, and designing financial systems. I bring creativity and critical thinking to every challenge.🎓 My qualificationsFellow Chartered Accountant (ICAI, India)Chartered Financial Analyst (CFA, US)Cost & Management Accountant (ICWAI, India)CS (Inter) B.com👨‍💼 My rolesI've worn many hats, including Head of Finance & Accounts, Group Finance Manager, and CFO. I'm not just about numbers – I'm also about innovative solutions and driving business growth.💻 Tech-savvyA self-proclaimed tech enthusiast, I've honed my Python programming skills and created algorithms for financial concepts and stock market trading over the past three years.📧 Let's connect!I'm all about making connections and learning from others. Feel free to reach out at bharath@icai.org or give me a call at +971-544677219. Let's unlock new opportunities together!

Satya Bharat Damaraju's Current Company Details
DSB Chartered Accountants

Dsb Chartered Accountants

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CFA | FCA | FTA Tax Agent (TAAN 20052734) | ACMA | IFRS & Tax Professional | CEO at DSB Chartered Accountants
Satya Bharat Damaraju Work Experience Details
  • Dsb Chartered Accountants
    Chief Executive Officer
    Dsb Chartered Accountants Nov 2022 - Present
    Dubai, Ae
  • D S B & Co Chartered Accountants
    Managing Partner
    D S B & Co Chartered Accountants Jun 2022 - Nov 2022
  • Synergy Pharma
    Group Finance Manager
    Synergy Pharma Oct 2017 - May 2022
    Dubai, Uae, Ae
    Responsible for the Complete Day to Day Operations of Finance, Accounts, Taxation & Logistics Departments for Synergy Pharma & its 3 other Sister Concerns.Major Accounting Worksa) Preparation of Financial Statements viz., PLBS, CFS, and Consolidated Financials etcb) Finalization of Books of Account for Synergy Pharma & 3 of its Subsidiary / Associate Companiesc) Handling the Internal & Statutory Audit Queriesd) Costing: Pricing & building Pricing Strategies for the productse) Variance AnalysisMajor Finance Worksa) Framing & Implementation of SOP’s for all the Financial Transactions.b) Day - to - Day Banking related aspects such as Payments, BRS, LC’s, CF Projections etcc) Negotiating with Banks for the Credit Facilities, LC Discounting, Derivative Contracts etc.d) Submission of Periodical Reports to the Banks along with the CMA datae) Cash Flow Management viz., Financial planning and budgetingf) Financial Modelling, Derivative (IRS) Analysis & Valuation.Major Taxation (UAE VAT) Worksa) Filing of the periodical Returnsb) Reviewing each Transaction and its treatment as per UAE VAT Lawsc) Filing the Refund application & Follow Up of itd) Preparation, Assessment & submission of Economic Substance Regulation (ESR)Supply Chain Managementa) Preparation of Annual Product movement plan for Logisticsb) Periodical Follow ups & Meetings with sales departments for Product Supply chain managementOther Major Worksa) Selection, managing and training of Finance & Accounts teamb) Sales Analysis & Periodical MIS Reporting.c) Reviewing & Approving the Marketing & Sales Expenses & ensuring the Expenses are within the Budgetd) Developing & updating Financial, Sales and Marketing Dashboards using MS Power BI.e) Payroll & Salary Calculations, Leave Calculations etc
  • D S B & Co Chartered Accountants
    Managing Partner
    D S B & Co Chartered Accountants Dec 2016 - Sep 2017
  • Vision Projects Technologies Private Limited
    Cfo
    Vision Projects Technologies Private Limited Dec 2013 - Dec 2016
    I was Heading & looking after the complete Finance- Accounts-Taxation-Legal-Statutory-HR Departments of the Company & also for 8 of its Subsidiary Companies(A) Accountsa) Preparation of Financial Statements viz., PLBS, CFS, and Consolidated Financials etcb) Finalization of Books of Account for Vision Projects Technologies Private Limited & 8 of its Subsidiary & Associate Companiesc) Handling the Internal & Statutory Audit Queriesd) Periodical Evaluation of financial reporting systems & accounting Policies and procedurese) Arranging for the necessary Financial Standing Certificates for Tender Participation(B) Financea) Day - to - Day Banking related aspects such as Payments, BRS, Bank Guarantees (both Bid Bonds & Performance BG’s)b) Sourcing for Bank Facilities including Enhancement, both for Working capital and Term loans (Cap Ex).c) Submission of Periodical Reports to the Banks along with the CMA datad) Developing and implementation of financial modelse) Providing Analysis & information for the Private Equity Proposalsf) Company Valuations for Financial Due Diligence of prospective buyouts.g) Cash Flow Management viz., Financial planning and budgeting(C) Indian Taxation (Both Direct & Indirect Taxes)a) Preparation of Tax Audit Forms viz., 3CA-CD & 3CEB, details for Tax Assessments.b) Filing of all Periodical Returns such as ITR , Service Tax Returns, VAT & CST Returns, Withholding Tax (WHT) Returns, Excise Returns etcc) Computation and timely payment of IT, ST, Advance Tax, WHT, Excise etcd) Preparation of details for IT Audit & Service Tax Audite) Filing of Tax Appeals at all levels and appearing before appellate authoritiesg) Issuing of WHT certificates viz., Form 16 & Form 16A(D) Legal & Other Statutory Compliances (FEMA/RBI)a) Drafting varieties of legal business agreementsb) Interpretation of the Deeds & the Documentsc) FEMA (For-Ex) Compliances such as Filing FLA, Replying to RBI &ED Notices
  • United Spirits Limited
    Manager Taxation
    United Spirits Limited May 2011 - Nov 2013
    Bangalore, Karnataka, In

Satya Bharat Damaraju Education Details

  • Cfa Institute
    Cfa Institute
    Financial Analyst
  • The Institute Of Chartered Accountants Of India
    The Institute Of Chartered Accountants Of India
  • The Institute Of Chartered Accountants Of India
    The Institute Of Chartered Accountants Of India
    Tax
  • Acharya Nagarjuna University
    Acharya Nagarjuna University
    B.Com
  • Institute Of Cost Accountants Of India
    Institute Of Cost Accountants Of India
  • The Institute Of Company Secretaries Of India
    The Institute Of Company Secretaries Of India
    Company Secretary
  • The Hindu College
    The Hindu College
    Legal Professions And Studies
  • The Institute Of Chartered Accountants Of India
    The Institute Of Chartered Accountants Of India

Frequently Asked Questions about Satya Bharat Damaraju

What company does Satya Bharat Damaraju work for?

Satya Bharat Damaraju works for Dsb Chartered Accountants

What is Satya Bharat Damaraju's role at the current company?

Satya Bharat Damaraju's current role is CFA | FCA | FTA Tax Agent (TAAN 20052734) | ACMA | IFRS & Tax Professional | CEO at DSB Chartered Accountants.

What schools did Satya Bharat Damaraju attend?

Satya Bharat Damaraju attended Cfa Institute, The Institute Of Chartered Accountants Of India, The Institute Of Chartered Accountants Of India, Acharya Nagarjuna University, Institute Of Cost Accountants Of India, The Institute Of Company Secretaries Of India, The Hindu College, The Institute Of Chartered Accountants Of India.

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