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Mervyn Ramos
Senior Partner at Deloitte Canada
Professional Background
Mervyn Ramos is an esteemed partner at Deloitte Canada, leading the financial services audit practice with an impressive team of approximately 150 professionals. His deep expertise encompasses a wide range of services, including technical accounting, finance transformation, and comprehensive controls and process reviews. Mervyn's significant role includes risk identification and crafting SOX narratives, which are vital for the compliance needs of major banks and insurance companies.
In addition to his audit leadership, Mervyn spearheads the managed finance services practice that provides outsourced finance services to various entities. These services are diverse and can range from complete finance function outsourcing to specialized tasks such as technical support for finance functions, stock option accounting, and biological asset valuation. His extensive knowledge of regulatory frameworks, including IFRS standards and US GAAP, sets him apart in the financial services sector.
Mervyn's illustrious career has seen him successfully lead and complete seven Special Purpose Acquisition Company (SPAC) Initial Public Offerings (IPOs). Notably, he guided five SPACs through the DeSPAC process, demonstrating his adeptness in navigating complex regulatory landscapes and his commitment to driving client success. Moreover, Mervyn has actively assisted companies in the IPO process, showcasing his capability in converting financial statements from IFRS to US GAAP and ASPE to IFRS—a critical skill in today’s cross-border financial environment. His career has offered him opportunities to work in various global markets, including India and the Middle East, enriching his professional experience and enhancing his understanding of international financial regulations.
Education and Achievements
Mervyn's academic foundation is robust and multifaceted, beginning with his Bachelor's degree in Business from St Xavier's High School in Mumbai. He further honed his expertise in Auditing, Accounting, and Finance as a Chartered Accountant through the Chartered Professional Accountants of Canada (CPA Canada). Mervyn’s academic prowess also shines through his qualifications as a Cost and Management Accountant (ACMA) from the Institute of Cost Accountants of India, where he achieved a remarkable first rank in the final examination in 1986. Additionally, he holds a Bachelor of Commerce (BCom) in Accounting and Finance from the prestigious Government of Maharashtra Sydenham College of Commerce & Economics in Mumbai, alongside achieving a third rank in the final examination at The Institute of Chartered Accountants of India, in the Chartered Accountant program.
Mervyn’s commitment to excellence in the financial services industry is reflected not just in his academic accomplishments but also through his professional contributions and leadership roles at well-known organizations.
Notable Achievements
Mervyn's career highlights not only include his leadership of the financial services audit practice at Deloitte but also his previous partnerships at Arthur Andersen LLP and KPMG Canada. His ability to lead diverse teams and deliver exceptional client service has made him a key figure in financial auditing and consultancy. His work has significantly impacted the financial structuring of investment products and capital markets, showcasing his vast knowledge and practical experience that he brings to the table.
Mervyn's reputation as a thought leader in the field of technical accounting and financial services is firmly established through his effective communication and client engagement strategies. His role encompasses mentoring upcoming talent in the industry, fostering an environment of growth and development, and promoting best practices in finance and auditing.
In summary, Mervyn Ramos is a distinguished figure in the financial services sector, with a prolific career characterized by significant achievements in auditing, finance transformation, and compliance. With a wealth of experience across different geographical markets and a strong educational background, he stands out as a leading expert, committed to excellence and innovation in the field of finance and accounting.