Summary
Overview
Work History
Education
Skills
Timeline
Generic

Nitin Garg

Redmond,WA

Summary

Result-oriented CFO and senior transformation executive with 23 years of experience driving significant organization and technology transformation, leading change, and managing the finance function with global Fortune 500 public companies with independent boards. Expertise in leading business strategy, profitable growth, expansion, process, and Digital Transformation, organization/functional design and leading multibillion $ finance/accounting processes in global set-up.

Overview

23
23
years of professional experience

Work History

Senior Vice President of Global Transformation and ERP

Genpact LLC
07.2021 - 03.2023
  • Project Build and execute transformation vision – building the business case, technology selection and building technology architecture to make Genpact technology landscape simpler, agile, and modern at a global level – for employee experience and expansion of Genpact
  • Build a team and Lead the ERP project – most significant transformation for Genpact, building and leading a cross-functional team of 200+ to implement a new ERP in 45+ countries for 115K+ employees
  • Technology and process solutions to drive transformation – drive decisions which help Genpact’s HR, Finance and operating process transformation – solutions, influencing and driving change.

Leader of Global FP&A and Finance Transformation

Genpact
07.2018 - 07.2021
  • P&L management of NYSE listed Company – Managing forecasting, necessary actions, quarterly results, CXO and Independent board of a $4.5Bn+ for a publicly traded Company - by delivering on financial planning and guidance to investors/Wall Street
  • Margin expansion and sustainability – drove 300 bps margin expansion and partnered with CXO to build a sustainable business model for future growth and investment
  • Digital Transformation – implemented Data strategy and advanced analytics - Artificial Intelligence /
  • Machine Learning models, real-time self-service reporting – reduced excel based reporting by 95% Build a future team–refreshed 60 people team, ↓ layers, lower Attrition, succession plans, talent pipeline

CFO

Baker Hughes, A GE Company
07.2017 - 07.2018

The USD 25+billion only Full-stream global enterprise in Oil & Gas industry selling equipment and services, and employs over 2000+ people in India (GE Oil & Gas + Baker Hughes)

  • Integration of newly formed Company – Finance Org, Compliances, Processes, operating rhythms
  • Setting up organizations – Building Finance, Tax, Indirect Tax, Controllership for combined ops
  • Portfolio optimization – of Biz Components, decision to Divest, restructure - ↑ 200 bps margin
  • Drive Profitable Growth – competitive tax structure for $1bn+ deals, ↓long dues 25%, synergy actions, channel development/optimization, turn around segments to +ve margins

Integration & Strategic Initiatives Leader

GE Power Services
04.2015 - 06.2017
  • South Asia Region: Planning for acquisition – Combined competitive landscape, Synergy, product capabilities, and growth
  • Building Operating Structures for the combined organization in first 60 days for entire 500+ employees
  • Social and Cultural transformation –successfully executing impactful first 60 days (and after that) post- deal, a roadmap to one team together
  • Drive Synergy targets – strategy to exceed synergy targets to speed up value creation
  • Business Development & Growth strategy –Go To Market, partnership strategy (JV, MOUs, Listed Entities etc.), negotiation, business development, Organic growth Strategy

CFO, South Asia

GE POWER, NOW GE VERNOVA
05.2013 - 03.2017
  • Drive 20+% y-o-y business growth in partnership with operating leaders; expand geographies/infra, product portfolio alignment and ↑market reach
  • Developing a high-performance finance team to drive double-digit growth with 20% lower heads
  • Driving process simplification, Localized decision-making, standardization and building scalable infrastructure (shared services – Indirect Tax, Customs, Secretarial etc.)
  • Lead cost and operational efficiency in delivering 10% ↓ SG&A
  • Oversee board-managed JV and relationship mgmt. with JV partner

Commercial Finance Leader - South Asia

GE Energy
02.2011 - 04.2013
  • Established and steered the Commercial Finance function for the region, commercial negotiations w/ customers, assessed contract & credit risk/mitigation, pricing strategy, financing, trade documents etc
  • Built & Led 10 members team - hiring, training and development initiatives over 2 years Head A/c Receivable portfolio, 30% reduction in outstanding of $180mm
  • Building empowered local teams and transitioning Decision making from global counterparts thus contributed to reducing time on such decisions by over 50%

Regional Finance Controller - South Asia

GE ENERGY
11.2009 - 01.2011
  • Established and headed the financial controllership function for the newly formed region. Drove controllership culture and set up structure, processes, systems and operations.
  • Handled a team of 7 controllers, streamlined processes, completed 2 satisfactory statutory audits
  • Transformed controllership infrastructure by building an accounting CoE of 25 members

Global Assistant Controller

GE GLOBAL HQ
01.2007 - 10.2009
  • Managed financial controllership function globally, responsible for accounting, international tax accounting and compliance, developed risk scorecard for 110 countries, and transaction accounting
  • Also created the distributed controllership framework for GBS and benchmarked vs other GE Biz Led functional currency assessment (FAS 52) and indirect tax (FAS 109) simplification project

Manager Finance - Program Office

GE Corporate HQ
01.2005 - 12.2007
  • Managed transaction accounting during divestment of Genpact by GE, including IPO; Managed restructuring to re-investment of USD 400 million funds
  • Established finance function - FP&A, controllership, Stat/Tax matters of 5 countries, IT system

Senior Financial Planning Analyst

GE Corporate HQ
08.2003 - 12.2004
  • Developed pro-forma financials and a flexible model of GECIS for valuation purposes as a part of the 4- member ‘Deal Team’ for GECIS Divestiture
  • Established biz planning process for new org

Corporate FP&A analyst

GE GECIS, NOW KNOWN AS GENPACT
10.2001 - 07.2003
  • Responsible for preparing, simplifying and analyzing the business plans and forecast; streamlined and expanded Indian and global financial ops
  • Handled monthly closing, MIS, and leadership reviews

Business Planning Analyst and planning lead for manufacturing facilities

PEPSICO INDIA
06.2000 - 10.2001
  • Worked with Frito-Lay, the food and snack division of PepsiCo.

Education

Executive Education - Export/Import Procedure And Documentation

INDIAN INSTITUTE OF FOREIGN TRADE (IIFT)
New, Delhi
06.2011

Experienced Finance Leadership Program - Finance Leadership

General Electric University
Crotonville, NY
06.2010

Executive Education - Strategic Financial Analysis For Biz Evaluation

HARVARD BUSINESS SCHOOL
Boston, MA
05.2010

Business, Government and International Economy - undefined

HARVARD BUSINESS SCHOOL
2010

Master of Business Administration - undefined

INDIAN INSTITUTE OF TECHNOLOGY (IIT)
2000

Skills

  • Finance Functional Leadership (CFO)
  • FP&A, Accounting, Controllership, Taxes
  • Commercial and Risk management
  • Technology Transformation leadership
  • Digital – AI / Machine Learning
  • Project leadership and management
  • Leadership and Talent Development
  • Problem solving and Critical Thinking
  • Board and Audit Committee relations
  • Business Development and Strategy
  • Change Management
  • Merger & Acquisition and Integration

Timeline

Senior Vice President of Global Transformation and ERP

Genpact LLC
07.2021 - 03.2023

Leader of Global FP&A and Finance Transformation

Genpact
07.2018 - 07.2021

CFO

Baker Hughes, A GE Company
07.2017 - 07.2018

Integration & Strategic Initiatives Leader

GE Power Services
04.2015 - 06.2017

CFO, South Asia

GE POWER, NOW GE VERNOVA
05.2013 - 03.2017

Commercial Finance Leader - South Asia

GE Energy
02.2011 - 04.2013

Regional Finance Controller - South Asia

GE ENERGY
11.2009 - 01.2011

Global Assistant Controller

GE GLOBAL HQ
01.2007 - 10.2009

Manager Finance - Program Office

GE Corporate HQ
01.2005 - 12.2007

Senior Financial Planning Analyst

GE Corporate HQ
08.2003 - 12.2004

Corporate FP&A analyst

GE GECIS, NOW KNOWN AS GENPACT
10.2001 - 07.2003

Business Planning Analyst and planning lead for manufacturing facilities

PEPSICO INDIA
06.2000 - 10.2001

Executive Education - Export/Import Procedure And Documentation

INDIAN INSTITUTE OF FOREIGN TRADE (IIFT)

Experienced Finance Leadership Program - Finance Leadership

General Electric University

Executive Education - Strategic Financial Analysis For Biz Evaluation

HARVARD BUSINESS SCHOOL

Business, Government and International Economy - undefined

HARVARD BUSINESS SCHOOL

Master of Business Administration - undefined

INDIAN INSTITUTE OF TECHNOLOGY (IIT)
Nitin Garg