Otilia Ruscanu
About Otilia Ruscanu
Otilia Ruscanu is an Associate Director and Group Operations Finance Business Partner at UBS, where she has worked since 2018. With over 15 years of experience in finance business partnering and cost controlling, she has held various roles in the banking industry, including positions at BCR and Raiffeisen Bank.
Work at UBS
Otilia Ruscanu has been serving as the Associate Director, Group Operations Finance Business Partner at UBS since 2018. In this role, she operates in the Zürich Area, Switzerland, and focuses on finance business partnering. Ruscanu has developed and implemented a flexible cost allocations planning tool that allows users to analyze financial data at various levels of granularity. This tool facilitates comparisons with other periods or plan versions, enhancing decision-making capabilities within the organization.
Previous Experience at BCR
Prior to her role at UBS, Ruscanu worked at BCR for several years in various capacities. She began as a Controlling Analyst in the Costs Controlling department from 2009 to 2010. She then advanced to the Head of Cost Management Department from 2014 to 2017, followed by a position as Head of Operational Accounting and Shared Services Department for 10 months in 2017 to 2018. Additionally, she served as Coordinator of the Costs Planning and Approval Team from 2010 to 2014.
Experience at Raiffeisen Bank and SOFTWIN
Ruscanu's career also includes experience at Raiffeisen Bank, where she worked as an HR Controller from 2007 to 2008. Earlier, she was employed at SOFTWIN, where she held the roles of Business Analyst from 2005 to 2006 and Project Manager from 2006 to 2007. These positions contributed to her extensive background in finance and project management.
Education and Expertise
Otilia Ruscanu has a solid educational foundation in business management. She studied at Academia de Studii Economice din București, where she earned a Master's degree in Business Management by Projects from 2005 to 2007. Additionally, she completed her undergraduate studies in Management at the same institution from 2001 to 2005. Ruscanu is currently pursuing ACCA qualifications, having passed the F1-9 exams.
Achievements in Cost Management
Throughout her career, Ruscanu has demonstrated expertise in finance business partnering and cost controlling, with over 15 years of experience, including 13 years in the banking industry. She has played a significant role in supporting major restructuring programs, achieving a 24% reduction in full-time employees and a 28% reduction in the cost base through strategic measures such as outsourcing and process optimization. Ruscanu has also been involved in building comprehensive budgets and forecasts through collaboration with management teams.