Ajit Ugru Email & Phone Number

Toronto, On, Ca

Toronto, Ontario, Canada

● Collaborating with cross-functional teams to compile and perform financial analysis of cash flow data to develop accurate and timely cash forecasting.● Monitoring and interpreting daily and weekly cash forecasting, providing insights to support capital market funding decisions by the deal team.● Core member of the project team implementing Treasury Management System (TMS), enhancing the processes within Treasury Operations.● Administer accesses for online banking systems and address any issues pertaining to data upload and data transmission.● Accountable for Foreign exchange treasury transactions with financial institutions to effectively maintain liquidity and manage foreign currency exposures.● Applied problem solving skills to process improvement initiatives, identifying opportunities to save cost and troubleshoot persistent issues.● Provided inputs to accounting team on various cash management entries to assist with financial statements and reporting.● Managed process of loan drawdowns and repayments for private credit business, ensuring timely and accurate debt certificate reporting.

● Handled daily cash flow, debit and interest schedules and bank account reconciliation.● Self-managed daily cash positioning and liquidity management, oversaw credit funding facilities and managed loan portfolio as part of cash management responsibilities within Treasury Operations.● Worked with foreign exchange traders to execute hedging trades for FX exposures.● Managed intercompany analysis and settlements, ensuring accurate financial reconciliations among affiliated entities.● Provided forecasting and funding report for management reporting.● Served as a point of contact in the cash team for any operational issues and wire payment hold ups.● Collaborated with stakeholders such as accounting, payroll, internal controls and other teams within finance operations to improve process workflows.● Worked on special projects, identifying opportunities for cost savings and efficiency gains, resulting in annual financial savings of close to US$500,000.

● Received Most Marked Improvement Award for demonstrating exceptional results in driving incremental performance improvements in Treasury operations and contributing to overall success of organization.● Managed wire payment processing as well as approvals while ensuring a high accuracy rate as per service level agreements.● Worked on payment investigations, collaborating with cross-functional teams to resolve any issues or delays in client payments.● Worked on process improvement initiatives resulting in increase in automated processing rate for wire payments in the cash team from 85% to 98%.● Drove process improvements through ad-hoc projects within Treasury Operations.● Identifying and implementing processes and procedures to ensure compliance with SWIFT regulations and standards, minimizing risk and ensuring data integrity.

Master Of Business Administration - Mba

Bachelor Of Commerce, Commerce