Shubham Agarwal

Chartered Accountant with diverse experience in entrepreneurship, consulting at KPMG and PwC, and corporate management at Nestlé. Proven record in digital transformations, cost reduction, process optimization, due diligence, and strategic initiatives.

Work Experience

Manager, Finance | Nestlé India Limited | Gurugram

  • Led a team of 10 with a focus on cost reduction, process optimization, digital transformation, and financial control. Accountable for managing annual payments totaling INR 50 billion
  • Spearheaded centralization of tax vertical from 15 locations into the Company’s in-house center of excellence, creating an additional capacity of 2100 person-hours per year. Achieved a Net Promoter Score of 100 for the project.
  • Performed root cause analysis for accumulating provisions and implemented effective processes and control strategies, resulting in the addition of INR 112 million to profitability
  • Automated the vendor management ITC process, resulting in a 60% reduction in processing time and cash flow benefits of INR 60 million annually
  • Provided proactive and business-relevant analytics for Procurement and Corporate Controller function, resulting in expedited processing of past period statutory dues amounting to INR 165 million, saving INR 18 million annually

 

Assistant Manager, Consulting | PricewaterhouseCoopers Private Limited | Gurugram 

  • Led a team of 3 for managing clients and optimizing costs for clients from sectors including Infrastructure, Consumer, and Hospitality
  • Part of the digital transformation team for designing & testing automation workflows. Achieved savings of 1000 person-hours for PwC by automating process workflows for regular tasks.
  • Analyzed financials for due diligence projects to identify taxability issues for a hospitality giant, reduced annual tax costs by 10%
  • Evaluated the impact on the cost of implementing the new tax regime (GST) for a Japanese power sector EPC company. Prepared a financial model to compute the expenses change for suppliers, the company, and the customers, saving INR 2,000 million.

 

CA Articleship/Internship, Consulting | KPMG (BSR & Co. LLP) | Gurugram
    

  • Supported teams in providing advisory, compliance, and litigation support to clients from Oil & Gas, Electronics, and Retail
  • Analyzed financials for due diligence projects. Worked on the leveraged buyout of India’s second-largest oil and gas sector company, involving the then-highest FDI infusion of USD 12.9 billion in India.
  • Automated an assignment by developing a VBA macro, reducing time cost by 15%

 

Entrepreneurship

  • Founder of a B2C business in the consumer segment for providing end-to-end home interior solutions, focusing on bespoke furniture and furnishing. Achieved cumulative revenue of INR 5 million in a period of 3 years.
     
Accomplishments
  • Awarded the ‘Spot Bonus 2021’: Annual recognition for exemplary performance - for value additive initiatives at Nestle
  • Secured the highest possible performance rating for two consecutive years at PWC: Ranking among the top 5 percentile contributors at PwC
  • Awarded with the ‘Dashing Debut 2022’: For best performance by a newcomer within the first 12 months at Nestle
  • Recognized twice as ‘Achiever of the Quarter’ in two years: For consistently delivering exemplary performance at Nestle
  • Awarded the ‘Above and Beyond - Individual’ award: For successfully leading and growing by 20% a major account at PwC
  • Awarded the ‘Client Appreciation - Team’ award: For adding value to a client as a team at PwC
  • Received ‘Super Team’ award: For exemplary performance in a key assignment at KPMG
     
Education

Chartered Accountant, Institute of Chartered Accountants of India

CFA® Program participant, CFA Institute USA – Completed Level 1 of the CFA Program

Certificates
Co/Extra-curricular

 

  • Secured 354 rank in the final round of National Science Olympiad 2005, held at 2700 centers across India and abroad
  • Awarded for meritorious performance in National Innovation Challenge 2005: A TV series aired on Doordarshan on young scientists organized by the Department of Science & Technology, Government of India 
  • Chess player: Represented DPS RK Puram at Delhi State Level in 2008. Organized a chess tournament for a team of 200+ at Nestle with live broadcast within the organization in 2023. Winner of Nestle Business Services Chess Tournament 2023
  • Member of the Editorial Committee of Nestle Business Services’ magazine at Nestle India Limited in 2023
  • Community Service: Active member of volunteering community of PwC for underprivileged children
     

Quick Look

  • Work Experience: 6.3 Years
  • Previous Roles

    Manager, Nestlé India Limited

    Assistant Manager, PricewaterhouseCoopers Private Limited

  • Function : Consulting
    Finance/Accounting
  • Industry/Sector: Consulting
    FMCG/CPG/Retail/eCommerce
Work Experience

Manager, Finance | Nestlé India Limited | Gurugram

  • Led a team of 10 with a focus on cost reduction, process optimization, digital transformation, and financial control. Accountable for managing annual payments totaling INR 50 billion
  • Spearheaded centralization of tax vertical from 15 locations into the Company’s in-house center of excellence, creating an additional capacity of 2100 person-hours per year. Achieved a Net Promoter Score of 100 for the project.
  • Performed root cause analysis for accumulating provisions and implemented effective processes and control strategies, resulting in the addition of INR 112 million to profitability
  • Automated the vendor management ITC process, resulting in a 60% reduction in processing time and cash flow benefits of INR 60 million annually
  • Provided proactive and business-relevant analytics for Procurement and Corporate Controller function, resulting in expedited processing of past period statutory dues amounting to INR 165 million, saving INR 18 million annually

 

Assistant Manager, Consulting | PricewaterhouseCoopers Private Limited | Gurugram 

  • Led a team of 3 for managing clients and optimizing costs for clients from sectors including Infrastructure, Consumer, and Hospitality
  • Part of the digital transformation team for designing & testing automation workflows. Achieved savings of 1000 person-hours for PwC by automating process workflows for regular tasks.
  • Analyzed financials for due diligence projects to identify taxability issues for a hospitality giant, reduced annual tax costs by 10%
  • Evaluated the impact on the cost of implementing the new tax regime (GST) for a Japanese power sector EPC company. Prepared a financial model to compute the expenses change for suppliers, the company, and the customers, saving INR 2,000 million.

 

CA Articleship/Internship, Consulting | KPMG (BSR & Co. LLP) | Gurugram
    

  • Supported teams in providing advisory, compliance, and litigation support to clients from Oil & Gas, Electronics, and Retail
  • Analyzed financials for due diligence projects. Worked on the leveraged buyout of India’s second-largest oil and gas sector company, involving the then-highest FDI infusion of USD 12.9 billion in India.
  • Automated an assignment by developing a VBA macro, reducing time cost by 15%

 

Entrepreneurship

  • Founder of a B2C business in the consumer segment for providing end-to-end home interior solutions, focusing on bespoke furniture and furnishing. Achieved cumulative revenue of INR 5 million in a period of 3 years.
     
Accomplishments
  • Awarded the ‘Spot Bonus 2021’: Annual recognition for exemplary performance - for value additive initiatives at Nestle
  • Secured the highest possible performance rating for two consecutive years at PWC: Ranking among the top 5 percentile contributors at PwC
  • Awarded with the ‘Dashing Debut 2022’: For best performance by a newcomer within the first 12 months at Nestle
  • Recognized twice as ‘Achiever of the Quarter’ in two years: For consistently delivering exemplary performance at Nestle
  • Awarded the ‘Above and Beyond - Individual’ award: For successfully leading and growing by 20% a major account at PwC
  • Awarded the ‘Client Appreciation - Team’ award: For adding value to a client as a team at PwC
  • Received ‘Super Team’ award: For exemplary performance in a key assignment at KPMG
     
Education

Chartered Accountant, Institute of Chartered Accountants of India

CFA® Program participant, CFA Institute USA – Completed Level 1 of the CFA Program

Certificates
Co/Extra-curricular

 

  • Secured 354 rank in the final round of National Science Olympiad 2005, held at 2700 centers across India and abroad
  • Awarded for meritorious performance in National Innovation Challenge 2005: A TV series aired on Doordarshan on young scientists organized by the Department of Science & Technology, Government of India 
  • Chess player: Represented DPS RK Puram at Delhi State Level in 2008. Organized a chess tournament for a team of 200+ at Nestle with live broadcast within the organization in 2023. Winner of Nestle Business Services Chess Tournament 2023
  • Member of the Editorial Committee of Nestle Business Services’ magazine at Nestle India Limited in 2023
  • Community Service: Active member of volunteering community of PwC for underprivileged children