Devraj Brid
Toronto,ON
Summary
Results-oriented professional and CFA aspirant with expertise in treasury functions- cash management and forecasting, credit control, retail lending services, wealth management operations and corporate finance. Proven track record of meeting and exceeding SLAs, maintaining high productivity levels, and resolving complex issues. Strong ability to collaborate with internal teams, develop business expertise, and foster positive working relationships. Excellent leadership skills in motivating and developing team members.
Overview
8
8
years of professional experience
Work History
Treasury Analyst
Trucash Group of Companies
09.2022 - Current
- Efficiently carried out cash management for inflow and outflow of funds and contributed in forecasting future receipts and payments and developed financial reports on cash movement report and assist the management to take business decisions
- Prepared financial models for weekly and monthly cash management operations reporting operational, investing and financing transactions
- Reconciliations of general ledgers on the In-house developed service software (ABL and SAGE)
- Solely responsible to review, approve and release electronic disbursements as well as supervised PADs based on the requirements from the business
- Visa Settlement reconciliation and reporting on monthly basis
- Verification and reconciliation of vendor loan agreements against transactional and payment reports
- Reconciled AR books for financial year 2021 and 2022 during the process of clean up of books of accounts and supervised the generation of invoices
- Responsible supervise payroll process on bi-weekly basis
- Actively supported Treasury Operations transformation initiatives as required, contributing to the enhancement of processes, systems, and tools to improve efficiency, accuracy, and control within the department
- Responsible to complete manual tasks assigned to me, including cheque stock reconciliation, paid exception processing, manual wire processing, and periodic reporting
- These tasks required meticulous attention to detail and adherence to regulatory guidelines
- Promptly responded to business unit queries related to TMS components and banking partners, providing guidance and support
- If required, I escalated the queries to ensure timely resolution within the established service level agreements (SLAs)
- Identified deficiencies in the process management and suggested improvisations to ease the daily operational transactions and cash management for better work efficiency
- Communicate with program managers to trace incoming funds from various clients and disbursements to the clients as per business requirements
- Worked closely with team leads and managers to identify areas for process improvement related to Sage, ABL service portal and manual processes
- Actively participated in discussions, provided insights based on my expertise, and implemented agreed-upon improvements to streamline operations.
- Mitigated risk by implementing internal controls and safeguards for revenues and expenditures
Senior Credit Control Officer
CIBC
08.2021 - 08.2022
- Process and fulfill retail credit requests received through electronic banking channel accurately ensuring adherence to outlined procedures and policies to meet SLAs
- Reviewed and identified incomplete client requests or issues, escalating them to appropriate areas for resolution
- Create and provide complete and accurate reports as required for review by appropriate professionals
- Keeping abreast of all relevant CIBC products and services within area of responsibilities
- Prioritized and organized workload to ensure deadlines are met and items processed according to policies and procedures maintaining the productivity at average 125% ensuring delivery of SLA at 110% on an average
- Implemented effective team management strategies, including setting performance goals, monitoring progress, and providing regular reports to senior management
- Led and trained a team of five new professionals, providing guidance, mentorship, and motivation to achieve departmental and organizational goals
- Ensured adherence to company policies, procedures, and best practices, while continuously identifying opportunities for process improvement and implementing necessary changes to optimize team performance and productivity
- Developed and fostered a positive working relationship with partners and stakeholders, establishing effective communication channels and promoting collaboration across teams.
- Skilled at working independently and collaboratively in a team environment
Power of Attorney Specialist
CIBC
11.2020 - 07.2021
- Processed and reviewed Power of Attorney case files against provincial legislation and following CIBC internal requirements
- Collaborated with internal teams - legal and compliance, credit teams to mitigate risks and resolve complex issues
- Manage all activities associated with the setup of POAs using banking applications
- Setting up/ closing investment accounts for various elite and moderate clients based on requirements and client needs
- Resolved transactional issues including opening/ closing accounts, charging/ discharging account fees, setting up credit limits and third-party access control
- Achieved daily target with 96% productivity and met SLA with 115% production utilization on an average basis
- Manage mailbox on weekly basis and responding to high value escalation emails and general queries related to business process.
- Skilled at working independently and collaboratively in a team environment
Analyst
Capgemini India Pvt Ltd
06.2016 - 11.2018
- Create financial reports by analyzing and reviewing budgeted funds and fiscal year forecasts
- Developed financial models for headcount, utilization tracking to analyze the correlations acquisition portfolio management to conduct real-time revenue, expense, sales and pipeline variance analysis
- Preparing graphical presentations and MS excel reports to demonstrate the figures, facts and analysis to project partners
- Perform reconciliations as and when required in order to decrease the risk of liability and potential losses in the process journey of the project
- Responsible for providing analysis on the divisional results and financial performance of the projects to leads/supervisors
- Interacting with Senior Leadership and Managing Directors for project pricing and forecasting analysis.
Finance Executive
Capita India Pvt Ltd
09.2015 - 06.2016
- Efficiently process vendor invoices and maintain up-to-date system using READSOFT software, able to achieve daily target rate of 180 invoices/per day
- Open and assign new vendor accounts using SAP tool with the help of necessary T-codes including vendor account extensions
- Co-ordinate approval processes of all account payable invoices and vendors from offshore team in the UK.
Education
CFA - Pursuing
CFA Institute
Toronto2023
Post Graduate Certificate - Marketing Management
Centennial College
Toronto, ON08.2020
Bachelor of Commerce - Banking and Insurance
University of Mumbai
Mumbai, India06.2015
Skills
- Proficient in using MS Office
- Possess Keenness of insight and excellent writer and verbal communication skills
- Knowledge on Financial analysis and financial reporting as well as Budgeting, Forecasting, Reconciliation and Risk Management
- Hands on Agile Methodologies, vendor management, and, strong CRM, Quantitative and Team Collaboration skills
- Experienced in Corporate Finance
- Experience with ERP tools: Sage 50, Pega, PeopleSoft, SAP and Tableau
Timeline
Treasury Analyst
Trucash Group of Companies
09.2022 - Current
Senior Credit Control Officer
CIBC
08.2021 - 08.2022
Power of Attorney Specialist
CIBC
11.2020 - 07.2021
Analyst
Capgemini India Pvt Ltd
06.2016 - 11.2018
Finance Executive
Capita India Pvt Ltd
09.2015 - 06.2016
CFA - Pursuing
CFA Institute
Post Graduate Certificate - Marketing Management
Centennial College
Bachelor of Commerce - Banking and Insurance
University of Mumbai
Similar Profiles
Oscar OrregoOscar Orrego
Staff Accountant at Trucash Group of CompaniesStaff Accountant at Trucash Group of Companies
Vipin J RaoVipin J Rao
Senior Payroll Executive at Oasis Investment Companies LLC (Holding Companies of Al Shirawi GroupSenior Payroll Executive at Oasis Investment Companies LLC (Holding Companies of Al Shirawi Group
Ahmed Gamal Ibrahim AhmedAhmed Gamal Ibrahim Ahmed
Mechanical supervisor at IKK Group - Isam Khairy Kabbani Group of CompaniesMechanical supervisor at IKK Group - Isam Khairy Kabbani Group of Companies
Angelica AbuqueAngelica Abuque
Home Childcare Provider at BRADLEY MAZDAHome Childcare Provider at BRADLEY MAZDA
Danish KhanDanish Khan
Assistant Project Manager/Estimator at Pacific Paving LtdAssistant Project Manager/Estimator at Pacific Paving Ltd