Summary
Overview
Work History
Education
Skills
Accomplishments
Work Preference
Software
Languages
Interests
Timeline
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Prateek Chugh

Prateek Chugh

Senior Director - Finance, India leadership
New Delhi

Summary

Have a combination of formal management education and more than 16 years of work experience. Strategic-thinking individual experienced in turning low-performing organizations into top revenue producers. Offering engaging and pleasant personality with expertise improving customer relationships. Working knowledge of MS Office pack, Outlook, Lotus Notes, Mainframes, Tally, SAP, NetSuite, people soft 9.0 and Oracle 11i etc.

Overview

17
17
years of professional experience
4
4
years of post-secondary education

Work History

Senior Director - Finance, India leadership

Clarivate Analytics
Noida
07.2015 - Current
  • Heading India finance Shared services team & IP financial services
  • Managing revenue for all regions all services for 80 Mn GBP every month
  • Executing Internal audits for various business processes in finance
  • Reviewing and monitoring processes, internal controls, risk and performances of different processes in Finance
  • Managing SOX controls for expense cycle to identify areas of risks, defining proper controls and conducting test through independent testers for management review and reporting to Global SOX lead for identified deficiency in SOX implementation and Execution
  • Re-designing business processes for improvements in meeting Business needs and analyzing various Processes / Applications and suggesting Process Modifications to optimize Operational Efficiency
  • Improvement of working capital of organization during year end process
  • Spearheaded innovative approaches to resource allocation and strategic planning.
  • Directed work of lighting and sound crews to coordinate efficient operations.
  • Directed design and execution of business transformation initiatives to drive performance, profit optimization and growth opportunities.
  • Developed strong relationships with key industry partners, fostering collaboration and mutual growth opportunities.
  • Created an agile working environment, enabling rapid response to changing business needs without sacrificing quality or performance standards.
  • Enhanced internal communication channels, resulting in improved information flow and decision-making processes.

India Finance Lead

Aon Hewitt
Noida
04.2008 - 07.2015

Project Management:

GSM Efficiency(T&M Study), UK AP Migration, Poland AP & TE Migration, People Soft (9.0) Deployment

Overview:

  • Established developing models or flow charts for forecasting and business planning in new projects such as PeopleSoft implementation, transition projects or workflow projects
  • Review & publish dashboards on weekly, fortnightly and monthly basis and thus sharing daily matrixes with offshore and onshore key management
  • Provide inputs to each team member for building success roadmap within or outside process on basis of SMART goal

Milestones:

  • GSM T&M Study resulted in 13 FTE's reduction in agreement with process owners
  • Stabilized Poland accounting process within 2 months.
  • 85% reduction in outstanding liability of Aon Hewitt for UK from £2.27M in Jan'12 to £0.35M in Dec'12
  • 83% reduction in outstanding bills with in span of 12 months
  • Average supplier payment time reduced to 29 days from 50 days which was in beginning of project. Standard payment term is 30 days
  • 99% reduction in Non-complaint payments
  • Awarded with Leadership Award for contribution to organization & excellence in leadership in FY 15-16, Average performance rating of 4 out of 5 in 6 years with Aon Hewitt
  • Awarded with SOX award for FY'13
  • Awarded twice with Extra Miller Award for overall performance, dedication and perseverance
  • Awarded with Business Champion Award

Prior Roles with Aon Hewitt:

Business Analyst Nov'10 - May'12

Team Developer Jun' 09 - Nov'10

Team Member Apr'08 - Jun'09

Accounting Specialist

Clifford Chance LLP
Gurgoan
09.2007 - 03.2008

Education

MBA - Business Management

Xavier Institute of Management
Bhuvneshwar
10.2011 - 09.2012

B.COM (Hons) - Accounting And Finance

Khalsa College Delhi University
New Delhi
07.2004 - 08.2007

Skills

Accounts Receivable - O2C, Order Management

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Accomplishments

  • Global Finance Leadership: Serving as the Finance leader and ambassador globally, accountable for all financial operations in India, while fostering strong relationships with stakeholders across Sales, Legal, and Operations teams. Ensured alignment on financial objectives, resulting in improved revenue recognition and streamlined processes.
  • Fiscal Management: Oversaw all financial activities for program operations and held full accountability for the P&L. Led efforts that resulted in a 10% reduction in departmental expenditures over the course of one year, contributing to enhanced profitability and cost efficiency.
  • Project Management: Spearheaded multiple high-impact projects as part of the Finance Sterco, including:ERP Consolidation: Directed the ERP integration across business segments, aligning acquisitions and mergers into a unified system, ensuring consistency in financial operations.
    CRM System Development: Led the design and implementation of a customer relationship management system tailored to business segments, improving customer interactions and operational workflows.
    Customer Experience Optimization: Led efforts to design an end-to-end customer experience flow, improving the overall customer journey and enhancing satisfaction through streamlined processes.
  • Stakeholder Management & Strategic Influence: Acted as a key advisor to senior leadership, providing strategic insights on financial performance and business alignment. Established and maintained strong working relationships with C-level executives, enabling smooth decision-making and driving cross-functional collaboration that directly impacted the business’s bottom line.
  • Operational Excellence & Continuous Improvement: Led efforts to streamline finance operations, identifying inefficiencies and implementing process improvements that reduced manual workload by 15%, improving reporting accuracy and forecasting efficiency across business units.

Work Preference

Work Type

Full Time

Work Location

On-SiteHybrid

Important To Me

Company CultureCareer advancementWork-life balancePersonal development programs

Software

Oracle

Netsuite

SAP

Peoplesoft

Multiple Billing Engine

All Billing portals - Ebilling

Languages

English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)

Interests

Sports

Travelling

Timeline

Senior Director - Finance, India leadership

Clarivate Analytics
07.2015 - Current

MBA - Business Management

Xavier Institute of Management
10.2011 - 09.2012

India Finance Lead

Aon Hewitt
04.2008 - 07.2015

Accounting Specialist

Clifford Chance LLP
09.2007 - 03.2008

B.COM (Hons) - Accounting And Finance

Khalsa College Delhi University
07.2004 - 08.2007
Prateek ChughSenior Director - Finance, India leadership