Summary
Overview
Work History
Education
Skills
Timeline
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Prashant Chaturvedi

Prashant Chaturvedi

Bengaluru

Summary

Shared Services Leader with experience of over 18+ years in Global Finance and Business Transformation. Designed and established the Global Operations for Accounting & Finance supporting various Industrial segments. Driving cost, speed and quality through standardization and automation of process including Closing and Reporting, Accounts Payable, Treasury and Taxation. Strong domain knowledge in R2R, P2P, O2C & Treasury. leading & delivering Client value, excelling in business operation & achieving high customer satisfaction scores.

• Established and Led shared services operations from Scratch including hiring and building efficient teams, Transitioning, stabilizing and transforming processes. • Supported technology modernization, data and digital, governance, risk and compliance.

• Led large global teams, passionate about people development & engagement at organizational level

Overview

17
17
years of professional experience

Work History

Finance Director Shared Services

First Brands Group LLC
05.2024 - Current
  • Leading a team of 100+ accounting professionals spanning across various segments including R2R, P2P, OTC and pricing in Bengaluru and Penang Malaysia
  • Responsible for process delivery in R2R, P2P, OTC, MDM and Pricing to various Group operating entities
  • Hiring, building and training teams in different verticals
  • People management, Building Strong relationships with teams and stakeholders, monitoring KPIs and establishing operating models
  • Transitioning processes following lift & shift, Stabilize and transformation
  • Leading the project of demerging the Global shared service center and creating a separate Centre of excellence for newly acquired business in Penang Malaysia
  • Introduced software tools and process improvements to mitigate loss and drive operational growth.
  • Enhanced stakeholder communication by producing clear, concise, and timely financial reports that supported informed decisionmaking.
  • Managed company cash flow by monitoring daily transactions and optimizing working capital.
  • Analyzed financial statements against forecasts to prepare high-level variance analysis.
  • Successfully managed multiple audits, ensuring accurate financial information was presented to external parties without discrepancies or delays.

Assistant Vice President & Global service delivery Leader

Genpact
07.2007 - 04.2024

Shared services Leader for Hitech Clients: (Genpact India - Hyderabad - Jan 2020 till April 2024)

• Managing a team of 150+ F&A people in Genpact’s Hitech space for different Clients and spanning across verticals like R2R, P2P, Taxation, Treasury and FP&A.


• Responsible for seamless delivery of services to client, people management, Building Strong relationships with teams and stakeholders, monitoring SLAs & KPIS, and managing budgets.

• Transitioned processes from multi geographies following lift & shift and transform methodologies.

• Assessing Individual Strengths and Weaknesses of teams, Providing Feedback and Coordinating Training Programs to Enhance their Skills.

• Worked on global workforce return to office program with Logistics, Facilities and HR teams, analyzing the cost impact and prepared a phased out plan.

R2R Leader GE Lighting Shared Services: (Genpact LLC - Cincinnati Ohio- Jan 2019 till Dec 2019)

• Responsible for consolidation, corporate reporting, account reconciliations, Cash, intercompany transactions, Accounts Payable and demerger accounting for General Electric’s Lighting division.

• Leading the R2R team in critical moment of transition from a standalone business as Current & Lighting to being a Sub Business of GE Corporate, involving system and people changes and meeting the business requirements.

FP&A Leader – GE Digital: (Genpact LLC - Jan 2018 till Dec 2018)

• Day to day supervision of closing reporting and financial planning for Digital centers and liquidation of Digital overheads in various industrial business of GE Company

• Supervising the Controllership team based in India and Budapest.

Project Manager HFM implementation: GE Corporate ( Genpact LLC - Jan 2016 till Dec 2017)


GE Corporate Treasury (Genpact LLC - April 2011 till Dec 2015)

GE Commercial Real estate ( Gurgaon India - July 2007 till March 2011)

Education

Chartered Accountant - Accounting And Finance

ICAI
11-2006

BCom (Hons) - Accounting And Finance

Banaras Hindu University
06-2000

Skills

  • Financial reporting and analysis
  • KPI Tracking
  • Audit Coordination
  • Account Analysis
  • Organizational Skills
  • Business process improvement
  • Financial Systems Implementation
  • Risk Mitigation
  • Internal controls implementation
  • Recruitment and hiring
  • Customer relationship development

Timeline

Finance Director Shared Services

First Brands Group LLC
05.2024 - Current

Assistant Vice President & Global service delivery Leader

Genpact
07.2007 - 04.2024

Chartered Accountant - Accounting And Finance

ICAI

BCom (Hons) - Accounting And Finance

Banaras Hindu University
Prashant Chaturvedi