NITIN REGE

Phone: +919004878014 Chartered Accountant, Exec MBA(USA), DOB : 10th August 1961 B. Com., LL.B.,Indian E-mail: nreges@gmail.com

PROFILE

A seasoned finance professional with over 29 year’s (25 yrs MNCs – 20yrs ME +3yrs Africa +2yrs India) proven track record of consistent career growth & solid experience at senior management levels in Africa, Middle East & India. Exposures to wide industry segments like transportation (air & road) / logistics, FMCG, group holding company.

Major Contributions / Achievements include:

Instrumental in turnaround of Kenya & Egypt businesses by provision of financial insights into dynamics of business models like LOB, cost structures, receivables, controls right up to delivering key results

Introduced Minimum Billing initiative yielding new significant income stream (Euro 100 K) and reducing debt exposures within TNT Gulf

Introduced Duty Invoicing solutions generating additional revenues (Euro 125 K) as well as improved accuracy / efficiency of invoices delighting customers

Successful setting up & running of finance back office using ERPs (SAP & Computron) resulting in 40% cost efficiencies, process re-engineering, improved controls enviournment and creation of talent pool

CAREER SUMMARY

2015- Current Management Consultancy Mumbai, INDIA1993-2014 TNT Express (Dutch Express Transportation Network)

Finance Director – Africa (2012 – 2014) Nairobi, KENYA

Finance Director – Shared Services Centre – MEA (2008 to 2011) Dubai, UAE

Financial Controller – Gulf (1997 to 2007) Dubai, UAE

Finance & Administration Manager (1993 to 1996) Dubai, UAE

1991-1993 Colgate Palmolive India Limited Mumbai, INDIA

Senior Financial Accountant

1989-1991 Walchand Group Mumbai, INDIA

Premier Constructions Co. LimitedDeputy Manager - Finance

1987-1988 Gujarat Binil Limited - Deputy Manager – Finance Mumbai, INDIAVoltas Limited - Internal Auditor

Mumbai, INDIA

CAREER HISTORY

1993-2014 TNT Express (Dutch Express Transportation Network) Finance Director – Africa (2012 –2014)

Nairobi, KENYA

Last 6 months of 2014, focusing on 70+ associates group spearheading major initiatives like end customer invoicing, greenfield start up in Nigeria / Mozambique and improving productivity of Bangalore shared service centre.

Headed finance function comprising of 4 owned entities (South Africa, Egypt, Kenya and Namibia) and 70+ associate operations having annual turnover of about USD 100 K. Job involved provision of high level financial inputs to regional team in MNC hands on work environment apart from leading Africa finance team of 3 CFDs and circa 100 staff. Performance management, compliances & control monitoring, working capital management is the mainstay of the role. Challenges of widely divergent multi cultural, multi linguistic people / environment together with fast growing economies throwing many business opportunities provide excellent job satisfaction.In over 20 years with TNT Express, I have managed entire gamut of finance function at country as well as regional (multi country/function) levels including plenty of challenging assignments / projects. These include turnarounds of units, conversion of associates into own units, receivables improvements, analytical review of business models, commercial management, due diligence audits, identification of opportunities in process re-engineering, synergies thru automation, cost efficiencies to match business dynamics & service excellence.

Achievements include:

Introduced end customer invoicing for Associates enabling extended revenue penetration & protection for TNT along with customer reach on the back of process automation. Significant working capital upside for associates entities

Set up of a Shared Services Centre for MEA region providing centralized back office services resulting in cost savings of more than Euro 100 K annually

Key member of Project Teams which established new business initiatives like MERN and ventures like Saudi Arabia with contributions towards business cases (Capex), MIS, commercial, due diligence, and process automation

Redesigning of Credit Control function in Saudi Arabia resulting in over 30% cost efficiencies, improved customer focus (query resolution & attention) resulting in significantly better Debt & working capital

1991-1993 Colgate Palmolive India Limited Mumbai, INDIA

Senior Financial Accountant

Colgate Palmolive India is one of the largest operating unit of US MNC. Reporting to the Manager – Financial Accounting, I was responsible for corporate Financial Accounting including preparation of financial statements for Board, review of financial controls, dealing with external auditors.

Achievements include:

Completed backlog of sub contractor account reconciliations leading to reduction in write offs and credit notes

Prepared analytical reports of NVOs (Non Variable Overheads) which identified non critical costs leading to major cost savings

1989-1991 Walchand Group Mumbai, INDIA

Premier Constructions Co. LimitedDeputy Manager - Finance

This diversified Indian business house was involved in automobile, construction, heavy engineering and confectionery businesses.

Reporting to the Vice President Finance in their Group holding Company, I was responsible for Group MIS and Group Treasury functions.

Achievements include:

Worked on de-merger plan of the entire group based on family shareholdings and ownership which was used to de-merge the group

Instrumental in mobilizing large finances based on financial assets by securitization of debt – a novelty at the time

1987-1988 Gujarat Binil Limited - Deputy Manager – Finance Mumbai, INDIAVoltas Limited (TATA Group) - Internal Auditor

Mumbai, INDIA

I gained valuable exposure in dealing with financial institutions for arranging finances for manufacturing projects with Gujarat Binil.

My stint with Voltas Ltd gave me rich experience in conducting operational audit of various business operations and how audit can be used as an effective tool for value addition to overall business.

NITIN REGE

401/402, Smruti Apartments, Vishnu Nagar, Chartered Accountant, Exec MBA(US), Thane West – 400 602, Mumbai, India B. Com., LL.B.,Phone: +919004878014 / +919920768014 E-mail : nreges@gmail.com Date of Birth: 10th August 1961 Indian

ACADEMIC PROFILE

Degree Year University / CollegeB,Com 1981 Sydenham College,

University of BombayLL.B. 1984 Government Law College,

University of BombayACA 1986 Institute of Chartered

Accountants of IndiaExec. MBA (Mini) 2009 Rutgers Center for

Management Development, NJ, USA

PERSONAL PROFILE

Name: Nitin Vinayak Rege DOB: 10TH August 1961

Marital Status: Married Children: Adult son

Driving License: UAE & International Visa: Transferable

Hobbies & Interest: Reading, Music, Travel Mobility: Gulf / India / Far East