
Gundars Ruza
Audit and Business Advisory Manager

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About me
Leadership | Business Operations | Finance Management
Education

Baltic Institute of Corporate Governance
2021 - 2021Board Member Education
INSEAD
2019 - 2019Executive Education Leading Organisations in Disruptive Times
Latvijas Universitate
1994 - 2001Master Degree Economics, Law
Experience

Arthur Andersen
Nov 1994 - Aug 2002Audit and Business Advisory ManagerIn charge for different industries financial audit and corporate finance projects as well complex tax reviews.Assistance to local and international clients in tax advice and tax planning as well in Latvian law issues. Tax litigation processes and employment matters.

EY
Aug 2002 - Jul 2006Head of Business Outsourcing Department, Audit and Business Advisory Senior Manager, Board memberResponsible for management of Business Process Outsourcing Department, including business set up, its development, team structure and business optimization.Management of financial audits in the following industries: Communication, technology and media, Wholesale and retail, Public utility sector including electricity, Financial institutions, Production industry, Construction and real estate.Corporate finance and risk management projects including optimization of enterprises processes, internal control compliance, fraud investigation. Show less

Moller Real Estate Baltic
Jul 2006 - Feb 2019Board memberResponsible for current and future real estate investment management in Baltic States

Moller Baltic Import SE
Aug 2006 - Dec 2008Chief Finance OfficerFull set-up of organisation’s administrative support (finance, IT and HR). Real estate operations management in Latvia and Lithuania.

Harald A. Møller AS
Jan 2009 - May 2019Strategy, business development and operations management for 3 Baltic countries (13 car retails dealerships, 270MEUR net sales, 620 employees, 5.6 MEUR profit before taxes). Business expansion in the market (acquisitions, investments, business sale, corporate alliance). Main products / services: new and used Audi and Volkswagen cars sales, workshop services, and spare parts sales, financing and insurance services.Achieved the best financial performance for Moller in Baltic, i.e., turnover increase of 25% and net profit of 50% over 2 years. Show less Support function management in Baltics (14 dealerships). Finance management, Treasury, Risk management, Procurement, IT, Legal&Compliance. Start up and M&A management. Business development and operational performance of 5 regional dealers in Baltic countries . Real estate business restructuring and portfolio management in Baltics (42 thousand m2). Due to optimization of operating assets and implementing performance management system achieved 40% equity ratio and current debt ratio below 0.7 on constant basis. Show less
Chief Operating Officer, Board member of subsidiaries in Baltic States
Jan 2017 - May 2019Chief Finance Officer, Board member of LT, LV, EE subsidiaries
Jan 2009 - Dec 2016

Latvenergo AS
Jun 2020 - nowIndependent Member of The Supervisory Board
LPKS LATRAPS
Jun 2020 - nowChief Financial Officer, Board memberLATRAPS is a holding company - 100% owned by Latvian farmers where main goal is to conduct trade more efficiently through cooperation, combining needs, thus increasing member farms profitability. LATRAPS turnover is EUR 270 million and it is 4th largest exporter in Latvia.

LATMALT SIA
Aug 2020 - nowChairman of the BoardLATMALT is unique malt production facility in Latvia working with 100% locally grown grains. Business strategy have been developed for the purpose to support Baltic breweries and bakeries with top quality products.
Licenses & Certifications

Certified Auditor
Latvian Association of Certified AuditorsJan 2001
ACCA IFRS Diploma
ACCAJan 2005
Volunteer Experience
Coaching and mentoring in program Co.Lab: Commercialization Studies for Scientists
Issued by Rīgas Tehniskā universitāte (Riga Technical University) on Jan 2019
Associated with Gundars Ruza
Languages
- enEnglish
- ruRussian
- laLatvian
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