Rakhee Patel Email & Phone Number

London, Gb

London, United Kingdom

•Led the global implementation of an Employee Share Plan across 12 countries, resulting in over 40% employee participation. Collaborated with internal stakeholders & external partners to ensure successful adoption and alignment with company strategy•Designed & launched a comprehensive Global Grading Framework in partnership with Willis Towers Watson, ensuring consistent & fair grading across the organisation•Led the development of executive compensation structures, aligning rewards with performance, governance, & group strategy•Partner with the Global Reward Director to support Remuneration Committee processes, ensuring executive rewards are market-competitive & aligned with our values•Managed the design & implementation of compliant reward structures, ensuring compliance, effectiveness, & alignment with broader business goals•Engaged with executive leadership, regional managers & external advisors to align reward policies with industry standards & company goals•Play a pivotal role in maintaining compliance with corporate governance across all reward schemes, ensuring timely submission of legislative reports•Provide data-driven recommendations to senior leadership based on detailed benchmarking with competitors, leveraging insights from Reward bodies•Led global compensation scheme design & management, ensuring governance across regions•Oversee annual compensation review process, including salary reviews for 2,000+ employees, ensuring alignment with budget projections & strategic objectives•Manage accruals & budgets exceeding £150M, ensuring alignment with group financial projections•Project manage reward initiatives, collaborating with external consultants & managing a team supporting a strategic restructuring program•Work closely with global teams to ensure reward practices are aligned with overall business strategy & competitive within the market•Supported transition of 250 employees to a centralised services function, ensuring smooth integration

London, United Kingdom

Acting as the expert within Sthree plc on Executive and Director reward, to ensure the global group reward schemes are aligned to the business strategy. • Ensured executive/director rewards were transparent, fair and competitive, reflecting performance, compliance with group strategies & corporate governance• Liaised with executive board, the remuneration committee, regional managers and external advisors to align policies and share intelligence• End to end facilitation of the Executive Bonus Remuneration Committee and Directors Bonus Remuneration meetings including the preparation of RemCo papers • Managed the end to end process of the bonus scheme, through setting clear processes and targets to structured framework and governance (+ 45 employees)• Collaborated across multiple business functions to ensure rewards were attuned to industry standards and levels of responsibility • Scrupulously maintained reward scheme compliance with corporate governance and applied consistently across the organisation• Created fluid lines of communication across all business functions to engage and inform stakeholders• Supported, reviewed and planned gender pay gap requirements

London, United Kingdom

• Operated across the organisation, providing insights on finances, operational management, support and analysis to senior management.• Attended and reported on monthly management meetings, increasing commercial awareness and the potential for sales development• Reported regional issues, variance analysis and provided an insight into identified market trends• Compared performance against competitors, reviewed KPIs and advised on resource costings to maximise productivity and profitability • Prepared budgets and financial modelling• Assisted on preparing tenders with market insight and commercial pricing• Provided operational analysis to assist with introducing operational efficiencies, maximising productivity and profitability

London, United Kingdom

Managed and forecast quarterly and annual planning including in-depth variance analysis reports against set targets, while successfully developing Pan-European templates for seamless budget preparation across the business.• Provided financial expertise and awareness supporting function leaders, with monthly analysis and recommendations• Addressed the financial implications raised by adverse deviations from the business plan and collaborated with budget holders to address these• Checked the accuracy of financial statements through accruals & prepayments, providing qualitative explanations of business performance• Contributed to the continuous improvement process over multiple functions• Assisted in the preparation of the European management accounts to US counterparts, focusing on operating costs of the business• Mentored junior team members, assisting with development plans• Produced appraisal reports and defined development goals

London, United Kingdom

Reported directly to the Director of European Finance, to prepare the French entity for sale, ensuring the year end accounts were compliant with both the local reporting requirements and the global company’s policies and procedures. • Reviewed accounting transactions and amended any discrepancies• Worked closely with the French tax authorities to meet statutory and legal compliances within deadlines• Prepared and presented monthly management accounts, as well as accounts receivable & payable functions, prepayments and accruals• Provided comprehensive training to the incoming Head of Finance on financial systems and practices, as well as providing on-going support• Implemented new procedures and policies to align with the rest of the European regions• Restructured the reporting system for more efficient and accurate analysis

Global Remuneration Professional (Grp) Qualification, Remuneration

Activities and Societies: 6 exams passed to date

Chartered Institute Of Management Accountants, Accounting And Finance

Ba (Hons) – Business Studies, Business/Commerce, General, 2:2