Raghavan Srinivasa, Aca Email and Phone Number
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Result and growth oriented Senior Executive with 20 years’ experience in leading business transformations and world class service delivery for global organisations. Track record in building high performing cross-functional and multi-cultural teams, simplifying the way work gets done in businesses, consistently taking complex business programs to finish line, creating strong collaboration with businesses to deliver value, delivering transformative solutions that generate competitive advantages, gaining board and C-Suite trust with accountability, clarity and consistency. Notable achievements================● Conceptualised, designed, transitioned, stabilised and transformed the Global Business Services for Finance, HR, Procurement, Technology, Government Relations with 1,200+ FTE scope. On track to deliver AED 100 m p.a. Savings ● Setup GBS organization from ‘ground zero’ covering regulatory approvals, Office space, DOA and governance framework, transition management etc. ● Won bronze 'Business Transformation Impact Award' from Shared Services and Outsourcing Network with just 1 year since setup● Consulted and identified over USD 120M savings for a global leader in consumer goods through Org de-layering, Process Re-engineering, Strategic Outsourcing, Creation of Centres of Excellence and Advanced Automations● Created FP&A offshore CoE through ‘Transform and Shift’ model that generated annual savings of USD 24 m ● Built and led 400+ global finance team that delivered exceptional finance services to Etihad Group● Designed and delivered global finance shared services for the group by centralizing 60 countries operations; achieved over 50% cost and head count savings● Created an all women Centre of Excellence with 300+ female associates meeting the shareholder vision ● Led USD 150M group wide ERP transformation (Oracle to SAP) program changing ways of working across functionsAreas of specialty=============● Experience at VP level at global organisations● Establishment of Shared Services, Centres of excellence, Quality Assurance and Continuous Improvement ● Establishment of self-service performance reporting for effective decision-support ● Financial analysis, shareholder / Board governance● Large team leadership (500+) and talent development - including global virtual teams● Commercial negotiation of large-scale contracts● Project management of large-scale business change and transformations such as ERP / BI (SAP/Oracle) ● Budgeting, Long term planning, Financial accounting, Audit and Tax management
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Vice President - Financial Reporting And PlanningQatar Airways Nov 2023 - PresentDoha, QaResponsible for group FP&A covering budgeting, forecasting, long term planning and reporting. Also leading the group wide ERP Business Transformation program covering all corporate functions and all our businesses - Airline, Retail and Airport Operations -
Svp - Shared ServicesDamac Properties Jul 2023 - Oct 2023Dubai, Ae -
Vice President Strategy & TransformationMajid Al Futtaim Jul 2022 - Jun 2023Dubai, AeResponsible for GBS Strategy, Operating model governance, Continuous Improvement, Quality Assurance, Functional Transformation, Enterprise Applications (Oracle Fusion and S4HANA), Process Analytics, Automations and Innovative Solutions across all support functions. -
Vp Shared ServicesMajid Al Futtaim Jan 2020 - Jul 2022Dubai, AeResponsible for setting up Global Business Services and unification of ERP platform for the group.- Target Operating model design (1,200+ FTE multi function captive GBS Organisation)- Business case development and tracking (AED 100M p.a. steady state savings)- Service management framework development - Governance and Legal Entities setup in 3 countries (MOA, DOA, trade licenses, tax registrations)- 4 OPCOs, 16 countries, 4 support functions chargeback model development - 350+ FTEs offshore Finance team creation and services transition - Influenced group wide single ERP selection and negotiated 5 year licensing deal- Instrumental in closing 5 year tech managed services deal with 150+ FTEs -
Finance Transformation Practice Leader - Middle East And AfricaIbm Apr 2018 - Dec 2019Armonk, New York, Ny, Us- Led Finance Transformation Practice for Middle East and Africa Region with P&L responsibility- Led large scale Operating model re-design for one of the largest FMCG groups- Identified over USD 120+M savings potential; covered Finance, HR, IT, Supply chain & Commercial - Setup Offshore Captive FP&A CoE with 100+ FTEs (Fix and Shift model) supporting 50 countries- Ensured realisation of USD 24M savings in finance function through COEs and offshoring- Redesigned non-standard reports, forecasts & planning models to 'one way' across countries- Designed Target Operating Model for a leading FMCG group in MEA with 50% cost takeout potential- Led large deals covering ERP business transformation programs -
Head Of Financial Reporting & Group Shared ServicesEtihad Jan 2013 - Mar 2018Abu Dhabi, Abu Dhabi, AeLed a 300+ finance team in a strong multi-cultural environment.Responsible for timely and accurate financial reporting to the board and the management. Established a single version of truth for all management information in the group.Developed route profitablity and decision support function for the Airline. Developed business cases that contributed to key operational decisions and capacity changes. Restructured route profitability and decision support process for equity partners.Created a shared service subsidiary for the group from 'ground zero' with over USD 50 m operating budget and 300+ personnel: worked on regulatory approvals, company formation, JVs with partners, Operating model, Infrastructure setup etc. Over USD 20M cost savings by architecting industry best activity based cost accounting model covering 80% of Airline’s operating costs with 99% accuracy levels. Introduced daily cost monitoring and control at activity level that provided greater visibility, enhanced contract negotiation ability and activity based budgeting for all direct costs.Daily airline revenue reporting with 100% completeness, USD 5M p.a revenue recovery through revenue protection process, industry best settlement and dispute management that enhanced cash flows, Over USD 15M savings through optimization of agency incentive process, active member on all IATA finance working committees representing Etihad that focused on industry transformation.Introduced continuous improvement programs following Lean methodology in finance with the objective of ‘simplicity and efficiency’ that delivered significant FTE savings of up to 2000 man hours in various areas.As a member of Steerting Committee and Finance Function Leader, led USD 150M ERP business transformation program for the group migrating from Oracle to SAP. Directly led activities like commercials finalisation, Contracting and operating model re-design. -
Senior Manager Finance - Management Reporting & Decision SupportEtihad Oct 2010 - Jan 2013Abu Dhabi, Abu Dhabi, Ae -
Manager - Finance TransformationEtihad May 2007 - Oct 2010Abu Dhabi, Abu Dhabi, Ae -
Erp Implementation Project Manager (Oracle)Satyam Mar 2004 - May 2007Pune, Maharashtra, In
Raghavan Srinivasa, Aca Skills
Raghavan Srinivasa, Aca Education Details
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Institute Of Chartered Accountants Of IndiaAccountancy -
Annamalai UniversityCommerce
Frequently Asked Questions about Raghavan Srinivasa, Aca
What company does Raghavan Srinivasa, Aca work for?
Raghavan Srinivasa, Aca works for Qatar Airways
What is Raghavan Srinivasa, Aca's role at the current company?
Raghavan Srinivasa, Aca's current role is Strategy | Business Transformation | Global Business Services Leader.
What is Raghavan Srinivasa, Aca's email address?
Raghavan Srinivasa, Aca's email address is nk****@****hoo.com
What schools did Raghavan Srinivasa, Aca attend?
Raghavan Srinivasa, Aca attended Institute Of Chartered Accountants Of India, Annamalai University.
What are some of Raghavan Srinivasa, Aca's interests?
Raghavan Srinivasa, Aca has interest in Poverty Alleviation, Education.
What skills is Raghavan Srinivasa, Aca known for?
Raghavan Srinivasa, Aca has skills like Airlines, Process Engineering, Financial Reporting, Financial Accounting, Erp Implementations, Shared Services, Internal Controls, Business Process Improvement, Budgets, Forecasting, Cost Management, Mis.
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