Devinder Bali

Devinder Bali

Followers of Devinder Bali7 followers
location of Devinder BaliWaxhaw, North Carolina, United States

Connect with Devinder Bali to Send Message

Connect

Connect with Devinder Bali to Send Message

Connect
  • Timeline

  • About me

    Transformation , Strategy and Program Lead with 23+ years of experience

  • Education

    • The Institute of Chartered Accountants of India

      -
      Intermediate Accounting and Finance
    • Shaheed Bhagat Singh College

      -
      Bachelor of Commerce - BCom Economics, Accounting
    • Indira Gandhi National Open University

      -
      Post Graduate Diploma in Financial Management Finance and Financial Management Services
  • Experience

    • Genpact

      Nov 1999 - Jan 2014

      Responsibilities• Leading a team of 150 analysts & 15 team leaders performing Finance & Accounting work for a global health & safety products manufacturer• Managing operations to deliver optimal results & end customer client experience. • Developing strategies to meet/exceed EBIT, positive NPS & business impact• Career planning, training, coaching & mentoring team membersKey achievements• All key operations health metric improved significantly – Daily backlog reduced from 15 days inventory to zero; AP Paid on Time improved from 70% to 94%; Accuracy improved from 80% to 98% & monthly & yearly closing from 15 days to 7 days.• Successfully achieved 100% NPS score for 7 years, won 5 Gold Awards & 3 client awards for performance • Led multiple six sigma & Lean projects Show less Responsibilities• Opportunity Identification & Solution Design for process transition• Transition planning, resource planning, creation of knowledge transfer plan & planning logistics• Leading a team of 5 transition managers & managing their career plans, coaching & mentoring• Establish governance rhythm with key customer stakeholders to report project progress, risk & issues• Track & report commercials – cost variance against budget & business impact from savingsKey achievements• Managed over 30+ transitions for major Manufacturing & Insurance clients across North American & Europe, including process like Accounts Payable, Accounts Receivables, General Ledger Accounting, Master Data Management & Closing & Reporting • Managed a complex shared service center operations set up for a major US based Food & Beverage company. I was part of the deal from early stage & played a key role in Transition of the process, Infrastructure setup in Manila, Hiring & Onboarding over 700+ team members across all levels & then transitioned to managing overall operations & delivery Show less

      • Assistant Vice President – Operations Service Delivery

        Oct 2008 - Jan 2014
      • Senior Manager – Transformation services & Transitions

        Jul 2007 - Sept 2008
      • Manager - Operations

        Nov 2005 - Jun 2007
      • Assistant Manager – Operations

        Nov 2003 - Oct 2005
      • Management Trainee – Operations

        Sept 2002 - Oct 2003
      • Process Developer (Senior Associate) & Associate - Operations

        Nov 1999 - Aug 2002
    • GENPACT (UK) LIMITED

      Feb 2014 - Aug 2015
      Assistant Vice President – Transformation Services and Consulting

      • Leading & managing business leader sponsored programs for top insurance company• Partnering with client leaders to define strategies & prepare execution / improvement roadmaps• Leading project / program planning & execution• Driving cash flow & P&L impact enhancing customer experience, standardizing global processes, applying digital assets.• Develop, train & coach cross functional project team membersKey achievements• Delivered standardized process taxonomy & blueprint of global inter-company reconciliations that resulted in operational excellence, process standardization & reduction in reconciliation processing time.• Success of this project paved way for more Genpact engagement with the client Show less

    • Genpact US LLC

      Sept 2015 - now
      Director – Transformation Services

      Responsibilities• Lead & manage C suite sponsored cross functional programs for fortune 500 companies• Partner with client business leaders to establish business problems, define strategies & prepare execution / improvement roadmaps• Provide leadership support to projects ensuring seamless delivery & improve performance against business outcomes• Manage client relationship & to be the trusted advisor by understanding their challenges, sharing industry insights & providing thought leadership • Develop, train & coach cross functional project team membersKey achievements• Led a client onboarding transformation for a major US Bank by Consolidation & Centralization of 5 onboarding teams, develop a standard onboarding process & Target Operating model leading to overall $33M $ business impact• Delivered $12M business impact for a major US Bank by standardizing of Flood Insurance processes & defined the Target Operating Model to drive cost optimization, build scalable operations & enhanced process visibility• Designed & implemented program management tool & governance framework for Healthcare provider to manage 125+ projects / initiatives related to transitions, Centralization, Acquisition & Technology. Demonstrated vision, agility & expertise in delivering the outcomes by leveraging industry best practices to propose an innovative solution• Led complex Accounts Payable Knowledge transfer for a global retail major from their Global Business Services centre to Genpact adopting the Train the trainer approach training +800 resources with 40 super users by robust planning, innovation, providing direction on transition methodology & transparent governance• Played a key role in a large & strategic project for a Major Retail company, integrated all major workstreams both from Genpact & business, rebadging, infrastructure implementation & operational stabilization of + 700 FTE Show less

  • Licenses & Certifications

    • Integrated Program Management Certification

      Genpact
      Dec 2021
    • Green Belt Certification (GB)

      Genpact