NIKOLA CURIC, MBA 650-***-****; acghrm@r.postjobfree.com
SUMMARY
C-level executive and business leader specialized in and steering companies through phases of rapid development by defining
and implementing financial, accounting and operational policies, procedures, processes, systems and activities to enable fast
future growth without jeopardizing core operations.
Hands on planner and executioner with diversified experience and notable accomplishments in transforming few people teams
and organizations to functional scalable entrepreneurial systems while keeping values, culture and edge in the process.
Experiences in reorganizing and simplifying business processes, leading change management and spearheading managerial,
financial and operational efforts in manufacturing, food processing, financial services, technology and entertainment industries
EXECUTIVE LEADERSHIP COMPETENCIES
Corporate Finance Strategy and Management Leading and defining ERP implementation
Budgeting, forecasting and financial planning M&A and JV Preparation, Execution and Integration
Business Strategy Development and Execution Financial and accounting policies implementation
Performance, Process and Operations Improvement Managing Rapid Organic and Acquisition Growth
Matrix and Cross-Functional Team Leadership Financial & Operational Turnaround and Restructuring
Change Advocacy, Leadership and Management Deal and Transaction Structuring and Execution
WORK EXPERIENCE
April 2009 – June 2014
Interim management executive on several engagements
I was the interim executive of several companies, spearheading managerial, financial and operational efforts. My main goals
were to help the companies turnaround, restructure and streamline. I focused on:
Setting strategic directions and preparing the companies for capital increase or equity sale process
Identifying strategic development directions and value creation points; mitigating value lowering aspects
Determining optimal corporate and transaction structure; opt imizing finances and operations accordingly
Strategic and operational financial management
Optimizing financial leverage and debt structure; optimizing cash flow and leveraging cash cycle
Introducing, defining and implementing ERP solution ; mapping cost and revenue allocation
Defining and implementing financial, accounting, controlling and operational procedures and processes
Executive and change management
Managing company’s culture and values, transforming them from entrepreneurial to corporate ones
Defining organizational and operational structure; defining profit centres, business units and product lines
Implementing business guidelines and manuals; streamlining procedures and processes
These companies were in manufacturing, financial services, food proc essing and retail industries, the business sizes ranged
from $3 million to $110 million while the number of employees ranged from 70 to 1200. In all cases, I reported directly to th e
owners or to the board of directors. Engagements lasted 9 months to 2 yea rs and positions I held were:
Interim CFO at $100M online and land-based sports booking and betting operator
Most significant challenge for the company was the fact that company ha d grown from 30 to 130 retail locations over 2
years while organizational structure and operational procedures had not kept up. Growth had been financed exclusively
from future cash flows and profitability was becoming thin. I implemented:
Corporate structure optimization, resulting in 25% savings on regulatory costs, lowering overall cost by 8%
Clearer analytics (implemented ERP) enabled 15% top line increase through product management
Defining organizational structure and sourcing management team that lead to separation of ownership and
executive structures and management professionalization
Systematizing operational guidelines and controlling procedures paired with business planning and budgeting
approach enabled further controlled organic growth
CFO and Interim CEO at PE portfolio grinding tools manufacturing company
Private equity fund holding majority stake in the privatized manufacturing company hired me to prepare the company for
a sale to the strategic investor. Company had been heavily leveraged, with traditional approach to production and
business. I executed:
Swapping 8% debt for a longer one at 3.5%, that freed-up cash flow used to negotiate better supplier terms,
resulting in doubled profitability margin
Certifying management and quality control systems and implementing globally accepted health, safety and
environment standards resulting in better perception by investors and increased valuation
Optimizing production lowered energy usage resulting in 1.5% decrease in overall cost base
Cash flow optimization and profitability improvements resulted in 40% higher valuation
Interim CFO at $110M mobile services / apps provider and mobile operators’ top-up distribution
I was hired by startup shareholders to professionalize the business that has grown from $2M to $110M in less than two
years by solely leveraging cash flow from suppliers. My engagement was to optimize cash flows and set up organizational
structure, planning, controlling and budgeting procedures. I contributed by:
Implementing Dynamics NAV ERP to enable control of core operations and 6 development projects
Automating sales tracking and payment collection from 9000 POS network, enabling operations to scale further
Introducing product management roles and adjusting the organizational structure to secure each of the projects
enough attention and resources, leading to spinoff of two companies ($30M and $5M)
Development and Marketing Director at $100M food production and processing holding company
I was interim management team member for the largest Serbian private holding company in the integration process of the
acquired food processing companies. My focus was product development and strategic marketing framework development
for five companies. As a part of activity I have:
Set strategic directions for 2 corporate and 4 product brands which were communicated throu gh 12 national PR and
advertising campaigns resulting in the brand awareness increase of 170% and more than doubled market share
(8% to 19%) while keeping the profit margin stable
Optimized and managed 13 product portfolios with over 400 SKUs, introduced 3 new product lines with 24 SKUs
overall resulting in 12% top line increase
April 2007 – April 2009
Corporate Finance and M&A Advisor at South East Europe investment bank
I was consultant team member covering full scope of corporate finance and M&A advis ory, and was active in a variety of
industries, but I focused most on telecom, technology, retail, media and manufacturing. My role in the team included full
financial and business analysis of the clients companies, valuation models creation and coordinati on of all activities and
third-side parties involved in the transaction: financial due diligence, legal due diligence and supporting legal documents.
During that I was:
Structuring and executing transactions with a total value over $ 1.2 billion
Leading the execution of 5 transactions, including $ 100 million cross-border retail chain acquisition
Closely following start-up, private equity, acquisition and consolidation activities in SEE
Executing business valuation, financial analysis and financial models development
January 2000 – July 2006
Co-Founder and VP for International Business Development at one of top 5 European music festivals
I co-founded music festival that became one of the five biggest music festivals in Europe and was several times awarded a
best European festival title. While acting as VP of International Business Development, I internationalized the event, opened
up new markets and attracted thousands of foreign visitors, setting track for future growth of the festival. Part of my activities
included:
Founding offices and creating management and operations teams of 50 people in 8 SEE countries
Introducing matrix structured organization and creating rollout blueprints enabling fast growth
Increasing attendance of foreign visitors from just a few in 2001 to 12.000 in 2006 (out of total 40.000)
EDUCATION
MBA (Master of Business Administration)
IEDC School of Management, Bled, Slovenia
Scholarship awarded, finished in the top 3% of the generation
January – December 2006
Computer Science
University of Novi Sad, Faculty of Natural Sciences and Mathematics, Computer Science
LANGUAGES
Native Serbian, Bosnian and Croatian; fluent English; advanced Spanish; basic Portuguese and Hungarian
SOFTWARE
Very familiar: MS Dynamics NAV ERP, Mis2Open ERP, Pantheon ERP, Sofi ERP, MS Visio, Office and W indows
Familiar: Asana, Salesforce, Quickbooks, MS Project, SQL, Hyperion, Bloomberg, SAP, BAAN, MindMap, Taleo
ADDITIONAL ENGAGEMENT
Member of Advisory Board KA Group Consulting, management consulting and project development services
President of “State of Exit Foundation”, foundation supporting entrepreneurial projects and organizations
PERSONAL INFO
US Permanent Resident