Atul Rai

Atul Rai Email and Phone Number

Transformation Leader and Vice President at GENPACT @ GENPACT
Atul Rai's Location
Delhi, India, India
Atul Rai's Contact Details

Atul Rai work email

About Atul Rai

Finance Professional with over 24 years of work experience including the last 22 years in Business Process Management (BPM) Industry• Comprehensive BPM Experience: o Jan’14 onwards: Service Delivery Leader – Customer Services, Finance & Accounting(F&A), and Procurement Processeso Oct’09 – Dec’13: Transitions Leader – F&A and Non-F&A Processes o Nov’04 – Sep’09: Quality Leader – F&A Processeso Feb’01 – Oct’04: Transitions Manager o Aug’98 – Jan’01: Operations Manager• Specialization in Operations, Transitions, and Quality: o Operations:o Customer Relationship Management: Operations Governance with Process Owners and CXOs Managing SLAs, Contract Management, Revenue Retention and Growtho Process Management:  Service Delivery for :• Customer Services processes – RFP Support, New Business Setup including Contract and Billing setup, Premium Management, Policy Administration Services, Inbound Call Center, Query and Services Helpdesk• F&A processes – Accounts Payable, Employee Reimbursement, Receivables, General Accounting and Closing Drive Process improvements – Stabilization, Standardization and Automation of process activities o People Support: Leading 40+ team members in Customer Services operations for a US based Insurance major Led a team of ~380 FTEs (F&A: ~150 FTEs, Customer Services: ~225, Procurement: 7 )  Team Development, Performance Appraisal, Reward & Recognitiono Transitions: o Project Management for multiple transitions(500+ FTEs in F&A and 100+ FTEs in Non-F&A) across industries and geographieso Executed diverse transition models such as on-site knowledge transfer, train the trainer model, remote knowledge transfer o Dealt with Rebadging, Language based transitions, transitions to Green field location o Transitioned processes from US, Latin Americas, South Africa, Europe and Asia-Pacifico Solution design for transitions for several business opportunitieso Quality:o Led process transformation initiatives for F&A processes across clients o Onsite process re-engineering for F&A processes – Treasury, Accounts Payableo Mentored multiple Lean and Six Sigma projects . • Experience in servicing diverse businesses: Currently, serving Life Insurance businesses. Served Real Estate, Consumer Packaged Goods(CPG), Pharmaceutical, Retail, Banking, and Financial Services. • Certifications: Project Management Professional(PMP), Six Sigma Black Belt, Building Leadership Skills from eCornell University, USA, Graduate from Institute of Cost Accountants of India

Atul Rai's Current Company Details
GENPACT

Genpact

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Transformation Leader and Vice President at GENPACT
Atul Rai Work Experience Details
  • Genpact
    Transformation Leader And Assistant Vice President
    Genpact Jun 2020 - Present
    New York, Ny, Us
    Transformation Leader and Assistant Vice PresidentJune 2020 onwards: Responsible for driving transformation across Source to Pay processes for an Industrial major- Responsible for creating a digital transformation roadmap aligning to the client’s priorities- Deliver contractual productivity commitments across regionsService Delivery Leader and Assistant Vice PresidentJanuary 2019 - May 2020: Responsible for Service Delivery of Customer Services Operations for a US based Group Insurance Major:• In-scope processes: Proposal(RFP) Support, New Business Setup – Underwriting Support, Contract and Billing Setup, Premium Management, Policy Admin Services. • Seamless Transition of New Business: Lead all stages of transitions(Due Diligence  Solution Design  Knowledge Transfer  Guided Production) for in-scope processes from operations perspective and ensured seamless movement to ‘Steady State’ • Client Relationship Management: Leading Operations Governance with Client Leadership • Operations Excellence:o Delivering Contractual SLAs/KPIs across processeso Driving several automation led process transformation thru Lean Six Sigma Methodology• Managing Financials:o Meeting Ops plan commitment for Revenues and Incomeo Continuous identification and execution of additional revenues and cost reduction opportunities • People Development: o Coaching and Mentoring of Team members2014 – 2018: Service Delivery of F&A, Customer Services, and Procurement processes across clients having ~380 FTEs, $5MM revenues:• F&A: ~150 FTEs in Accounts Payable, Employee Reimbursement, Accounts Receivable, General Accounting and Closing & Reporting for a Real Estate Major• Customer Services: 225 FTEs in Inbound Call Center, Query and Services Helpdesk, Policy Owner Services - Financial Payout Processes for an India based Life Insurance Major• Procurement: Led onsite team at client location for a CPG major to deliver business outcome based service delivery thru sourcing deflation
  • Genpact Llc
    Assistant Vice President & Transition Leader - Domestic And Hi Tech Clients
    Genpact Llc Oct 2009 - Dec 2013
    New York, Ny, Us
    • Led transitions of F&A(~500 FTEs) and Voice based processes(~120 FTEs) for clients across verticals• Led F&A transitions across Europe, Americas, South Africa and Asia for Brewer major and CPG clients• Transitioned Accounts Payable and Employee Reimbursement processes from multiple geographies. Focused on ‘First Time Right’ transitions to ensure faster stabilization of operations:o Adapted process design – process and IT adaptations Scanning and Mailroom Solution for receipt of invoices and employee reimbursements Implement IT tools such as workflow and case tracker to track inflows, volume allocation, work in progress o Process controls assessment basis common minimum practices:o Upfront agreement and sign-off of job description and involvement in hiring process to ensure right hiringo Ensure client’s trainer’s engagement and sign-offs on standard operating procedures during knowledge transfer to Genpact resourceso Ensured training for client’s retained resources on adaptations
  • Genpact Llc
    Master Black Belt - F&A Coe
    Genpact Llc Mar 2008 - Sep 2009
    New York, Ny, Us
    Led Quality function for financial services client having 1200+ employees in Finance CoE at GenpactKey contributions:Mentored and Led Six Sigma Projects for F&A processes for Consumer and commercial finance business for GE resulting in: o Enhanced controllership by reduction of Cycle time in Reconciliation and variance reductiono Improve productivity and reduction in agent variation and Input for Accounts Receivable Processo Reduction in Financial Leakage in tax processeso Drove and delivered productivity on year on year basis Onsite process re-engineering assignments:o Led Accounts Payable process re-engineering project for:• A Brewery major(Annual Revenues: $25Bn), South Africa – Strategic assessment to validate BPO and business impact opportunities • A $2Bn Travel related services company, US - Identified business impact and productivity improvement opportunities • A Pharmaceutical major(Annual Revenue: $56Bn), headquartered in Switzerland to conduct Strategic assessment, Business Case Analysis and AP Process Standardization drive across 50+ locationso Treasury process re-engineering by reducing variances between Actual and Forecasted Cash flows for an Energy Major
  • Genpact Llc
    Black Belt
    Genpact Llc 2004 - 2008
    New York, Ny, Us
    Lead Quality initiatives for one of the major financial services client
  • Ephinay
    Operations And Transition Manager
    Ephinay 2001 - 2004
  • Ge Capital International Services
    Assistant Manager - Operations
    Ge Capital International Services 2000 - 2001
    New York, Ny, Us

Atul Rai Education Details

  • Pmi, Usa
    Pmi, Usa
    Project Management
  • Institute Of Cost And Work Accountants Of India
    Institute Of Cost And Work Accountants Of India
    Economics
  • Delhi University
    Delhi University
    English

Frequently Asked Questions about Atul Rai

What company does Atul Rai work for?

Atul Rai works for Genpact

What is Atul Rai's role at the current company?

Atul Rai's current role is Transformation Leader and Vice President at GENPACT.

What is Atul Rai's email address?

Atul Rai's email address is ra****@****ail.com

What schools did Atul Rai attend?

Atul Rai attended Pmi, Usa, Institute Of Cost And Work Accountants Of India, Delhi University.

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