RAJAT MODI
Dubai,United Arab Emirates
Summary
Accomplished finance transformation leader, bringing 15 years of proven success in driving significant business impact through strategic process optimization, automation, and digital innovation. Deep expertise lies in leading large-scale finance transformation programs like GBS and SAP deployment, adeptly managing PTP, OTC, and RTR to deliver measurable value in complex, multi-location environments
Spearheaded a GBS finance transformation across seven segments across IFFCO group, overseeing more than 400 FTEs. Instrumental in streamlining end-to-end finance operations, resulting in cost efficiencies amounting to AED 1.5 million.
At Capgemini, the role involved ensuring delivery excellence across four international service locations. Successfully deployed RPA and LSS strategies that eradicated inefficiencies, driving over €2.5 million in annual cost savings.
Recognized for cultivating transformation cultures that bring together cross-functional teams, optimize technology investments, and integrate continuous improvement into the finance DNA of global organizations. Collaborative approach ensures consistent results while driving enhanced operational efficiency and substantial cost reductions.
Overview
16
16
years of professional experience
12
12
years of post-secondary education
1
1
Certification
Work History
Service Delivery Head, GBS Finance
IFFCO GROUP
Dubai, United Arab Emirates
06.2021 - Current
- Heading GBS Service Delivery for 200 + resources across all finance processes across multiple locations and service providers
- Led comprehensive finance transformation initiative, across finance processes within GBS, impacting over 400 personnel across 7 locations. Conducted Solution validation across multiple processes and designed retained organization as Finance GPO
- Rationalized management layers saving AED 650K+ in payroll cost.
Reduced unidentified cash by 92% (AED 26.2M) and unapplied cash by 29.7% (AED 32.2M) through automation and process redesign in OTC
Achieved 96% ~AED 44M reduction in open Cash & Bank lines >90-day aging by establishing proactive governance and controls - Introduced real-time governance dashboards enabling Monthly Ops Reviews & GFO forums for expedited issue resolution and business alignment
- Avoided potential cost of non compliance in payroll process of ~AED 2.7 Million related to WPS non compliance.
Delivery Excellence Head, BSv
Capgemini Business Services
Kolkata, India
07.2013 - 06.2021
- Strategically managed four delivery locations across Europe and India as Delivery Excellence Global Partner for Capgemini Business Services for 1300 resources
- Spearheaded transformative initiative through robotics and automation, utilizing RPA and LSS, achieving 135 FTE impact and cost saving of over 2.5 million EUR
- Executed offshore mix optimization, transitioning transactional finance operations from Poland to India, resulting in cost saving of around 350K EUR
- Implemented production monitoring and planning tool, integrating variable pay with productivity and performance metrics for over 750 employees
- Developed Management Information System (MIS) on 'SAP Business Objects' platform, delivering real-time, actionable dashboards to senior management.
Manager, Quality Lead, BSv
Genpact India
Kolkata, India
01.2009 - 01.2013
- Spearheaded quality leadership across six global engagements, enhancing processes in manufacturing, tech, media, and entertainment sectors
Championed process improvement in six pivotal finance and accounting projects, yielding significant business impact of $2.7 million
Achieved cost savings of $600K for major publishing client through strategic discount capture enhancements
Developed and integrated metrics system correlating operational performance with business results in finance and accounting domain.
Successfully implemented automated tool for efficient month-end financial closing
Education
Cost Management Accountant - Management, Quantitative Methods
Institute of Cost Management of India (ICMAI)
Kolkata 06.2017 - 02.2019
Chartered Accountant - Audit and Taxation
Institute of Chartered Accountants of India (ICAI)
Kolkata 06.2003 - 07.2008
Company Secretary - Corporate Law and Compliance
Institute of Company Secretaries of India
Kolkata 06.2006 - 06.2008
B. Com (Hons) - Finance
Calcutta University
Kolkata 06.2003 - 07.2006
Skills
- Business Process Reengineering
- Robotics Process Automation
- Consulting/Research
- FAO/P2P/O2C/R2R/HRO
- Finance Process Transformation
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Certification
- Lean Six Sigma Black Belt Certified
- Robotic Process Automation Certified- UI path
- Advanced Lean & Green Belt certified
- GenCAP - Genpact Change Acceleration Program, MBTI Capgemini, Transitions toolkit
- Global Enterprise Model- R2R (Advance Level) certified expert from Capgemini
- Graduated from CAP'2019- Career Acceleration program Capgemini
Accomplishments
- Winner of CFO award in Capgemini Finance transformation awards 2016, 2019
- Gold Winner as the best RPA process transformation at the 12th National DL Shah awards, QCI 2017
- Winner of BSV Sprint 2019 for best finance transformation project
- Nominated as the best RPA success story at the ACEUS external awards 2017
- Best Employee in Delivery Excellence 2014-15, Capgemini BSv
- Winner of 2 Silver & 2 Bronze Awards for the best R2R resource from publishing client in Genpact
Languages
English
Hindi
Bengali
Personal Information
Total Experience: 13+ years experienced finance transformation resource with history of meeting company goals utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.
Custom
- Empathetic Listening
- Coaching
Timeline
Service Delivery Head, GBS Finance
IFFCO GROUP
06.2021 - Current
Cost Management Accountant - Management, Quantitative Methods
Institute of Cost Management of India (ICMAI)
06.2017 - 02.2019
Delivery Excellence Head, BSv
Capgemini Business Services
07.2013 - 06.2021
Manager, Quality Lead, BSv
Genpact India
01.2009 - 01.2013
Company Secretary - Corporate Law and Compliance
Institute of Company Secretaries of India
06.2006 - 06.2008
Chartered Accountant - Audit and Taxation
Institute of Chartered Accountants of India (ICAI)
06.2003 - 07.2008
B. Com (Hons) - Finance
Calcutta University
06.2003 - 07.2006
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