Shubham Agarwal

Impact-driven finance professional with 6 years of experience in Nestle, PwC and KPMG, and entrepreneurial experience. Expertise in P&L improvement, digital transformation, and strategic high priority projects; Chartered Accountant, CFA L1

Work Experience

Manager II, Finance | Nestlé India Limited | Gurugram

  •  Fast track promotion (16 months vs 36) for exceptional performance and results; Handpicked by the department head for M2 role
  • Sole recipient of Dashing Debut 22 for spearheading org restructuring plan; Awarded Spot Bonus 21 and Achiever of Quarter 22 & 23
  • Managed team of 10 across high-priority strategic projects in India; Responsible for ₹50B in annual budgets, payment & financial liabilities

P&L Improvement Initiatives 

  • Project lead for ₹280Mn working capital improvement initiative; Created & implemented plan across Nestle’s ₹160Bn business in India
    • Handpicked by India Head of Financial Planning; Presented findings to Management Committee incl. CEO, CFO, and Internal Control
    • Analysed ₹400Mn of Nestle’s working capital and identified ₹280Mn worth of blocks; Created & implemented de-blocking plan 
    • Created additional ₹18Mn in interest savings; Conducted root cause analysis & competitive benchmarking to implement best practices
    • Led cross-functional collaboration with factory leads, branch controllers, business function heads, corporate controller, and legal 
  • Led the launch of Nestlé’s D2C channel; Represented finance functions across ₹60Mn launch; Scaled to 50k+ users
    • Strategized the financial workflow to manage new sales channel; Designed SOPs for D2C online across inventory, tax, and compliance
    • Led 0-1 scale from launch to ₹50Mn sales; Streamlined revenue recognition within 1 year to reduce D2C P&L reporting time by 20%
  • Led manpower optimisation project for tax & finance team in India; Designed new structure and org; Improved operational cost by 12% 
    • Led the project with the global restructuring team and Process Excellence India Head; Achieved project NPS of 100
    • Reimagined tax dept in line with new governance & laws; Optimised skillsets & roles Pan-India; Consolidated from 12 to 9 roles
  • Streamlined marketing & promotions spending across Organized Trade channels, increasing bottom line by ₹60Mn

Digital Transformation

  • Led the digital transformation of the compliance vertical; Saved ₹40Mn annually in compliance cost and reduced TAT by 30% 
    • Led full implementation cycle, across process mapping & user training; Leveraged analytics tools (Alteryx, Power BI, Power Automate)
    • Significantly reduced compliance risk by automating reconciliation reports, regulatory reporting, audit trails and by adding alerts
  • Automated the vendor reconciliation & payments process, reducing TAT by 60% and boosting annual cash flow by ₹60Mn

M&A

  • Led M&A deal for acquisition of ₹1.2Bn pet foods business (Purina Petcare); Contributed₹200Mn synergy by liquidating blocked taxes 
    • Led financial integration of ₹1.2Bn acquisition; Ensured smooth transition by coordinating across finance, operations, tax, and IT

 

Assistant Manager, Consulting | PricewaterhouseCoopers Private Limited | Gurugram 

  • Received the highest possible rating – ‘Outstanding (1/5)’ for 2 consecutive years; Sole recipient in team, top 5 percentile at PwC
  • Fast track promotion (15 months vs 36) to Assistant Manager;Awarded Above and Beyond and Client Appreciation
  • Led project for $22Bn Japan HQ-ed Fortune 500 Energy Systems player; Added ₹2Bn to top-line for their #1 largest power plant in India
    • Worked directly with the Partner; Engaged with vendors and contractee (the State Government) to facilitate negotiations
    • Analysed impact of GST implementation to compute addn. claim; Did contract review, competitive benchmarking, and scenario mapping 
  • Led long-term project for ₹95B conglomerate Fortune India 500 player in Security, Cash Logistics, and Facility Management sector
    • Presented to C-Suite, including promoter; Led multiple PwC pitches, expanding client billing by 20%; Secured addn. revenue of ₹2M
    • Strategized and implemented opportunity to reduce employee benefit cost by ₹150M by restructuring the business model
  • Advised on business model restructuring for multiple clients by analysing financial statements, optimizing cost by 7% - 12%
Pre-qualification Experience/ Articleship | KPMG | Gurugram 
  • Independently managed consulting assignments including financial health checkups, transaction advisory for Fortune 500 companies
  • Provided advisory and due diligence support on M&A transactions worth $13B for Oil & Gas and Consumer sectors
Entrepreneurial Experience | Founder - Om Furniture and Furnishings 
  • Founded a B2C business specializing in bespoke furniture and home interior solutions. Managed the entire value chain 
  • Generated ₹5Mn in cumulative revenue over 3 years; Served 1000+ customers across 5+ cities in India; Led team of 8
  • Added 30+ B2B logos and partnerships across business lifetime; Exited in a profitable sale of venture


 

Accomplishments
  • Secured 2 fast track promotions – one each at PwC and Nestle, in 15 months against an average of 3 years
  • Secured 5th rank out of 121 teams in National Level Consulting Case Competition 2024 organized by Skilled Sapiens
  • Awarded with Spot Bonus 2021, Dashing Debut 2022, Achiever of the Quarter 2022 & 2023, and others at Nestle
  • Received the highest possible rating – ‘Outstanding (1/5)’ for 2 consecutive years, ranking among the top 5 percentile at PwC
  • Awarded with Above and Beyond – Individual by PwC, Client Appreciation – Team by PwC, and Super Team by KPMG
Education
Individual Research Project | Finance & Accounting
  • Analysing the impact of Holding Company Discount in the Indian Equity Market
  • Identifying key factors for non-convergence to fair value in Indian context 

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
  • Elected member of core committee of ConsultX (10/158) and Speaker Series (7/158) at IIMA
  • State level Chess player - Represented DPS RK Puram, Delhi at State Level. Winner of Nestle Business Services Chess Tournament 2023
  • Secured a rank in extended merit list of IITJEE 2009, and in the final round of National Science Olympiad 2005
     

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
Work Experience

Manager II, Finance | Nestlé India Limited | Gurugram

  •  Fast track promotion (16 months vs 36) for exceptional performance and results; Handpicked by the department head for M2 role
  • Sole recipient of Dashing Debut 22 for spearheading org restructuring plan; Awarded Spot Bonus 21 and Achiever of Quarter 22 & 23
  • Managed team of 10 across high-priority strategic projects in India; Responsible for ₹50B in annual budgets, payment & financial liabilities

P&L Improvement Initiatives 

  • Project lead for ₹280Mn working capital improvement initiative; Created & implemented plan across Nestle’s ₹160Bn business in India
    • Handpicked by India Head of Financial Planning; Presented findings to Management Committee incl. CEO, CFO, and Internal Control
    • Analysed ₹400Mn of Nestle’s working capital and identified ₹280Mn worth of blocks; Created & implemented de-blocking plan 
    • Created additional ₹18Mn in interest savings; Conducted root cause analysis & competitive benchmarking to implement best practices
    • Led cross-functional collaboration with factory leads, branch controllers, business function heads, corporate controller, and legal 
  • Led the launch of Nestlé’s D2C channel; Represented finance functions across ₹60Mn launch; Scaled to 50k+ users
    • Strategized the financial workflow to manage new sales channel; Designed SOPs for D2C online across inventory, tax, and compliance
    • Led 0-1 scale from launch to ₹50Mn sales; Streamlined revenue recognition within 1 year to reduce D2C P&L reporting time by 20%
  • Led manpower optimisation project for tax & finance team in India; Designed new structure and org; Improved operational cost by 12% 
    • Led the project with the global restructuring team and Process Excellence India Head; Achieved project NPS of 100
    • Reimagined tax dept in line with new governance & laws; Optimised skillsets & roles Pan-India; Consolidated from 12 to 9 roles
  • Streamlined marketing & promotions spending across Organized Trade channels, increasing bottom line by ₹60Mn

Digital Transformation

  • Led the digital transformation of the compliance vertical; Saved ₹40Mn annually in compliance cost and reduced TAT by 30% 
    • Led full implementation cycle, across process mapping & user training; Leveraged analytics tools (Alteryx, Power BI, Power Automate)
    • Significantly reduced compliance risk by automating reconciliation reports, regulatory reporting, audit trails and by adding alerts
  • Automated the vendor reconciliation & payments process, reducing TAT by 60% and boosting annual cash flow by ₹60Mn

M&A

  • Led M&A deal for acquisition of ₹1.2Bn pet foods business (Purina Petcare); Contributed₹200Mn synergy by liquidating blocked taxes 
    • Led financial integration of ₹1.2Bn acquisition; Ensured smooth transition by coordinating across finance, operations, tax, and IT

 

Assistant Manager, Consulting | PricewaterhouseCoopers Private Limited | Gurugram 

  • Received the highest possible rating – ‘Outstanding (1/5)’ for 2 consecutive years; Sole recipient in team, top 5 percentile at PwC
  • Fast track promotion (15 months vs 36) to Assistant Manager;Awarded Above and Beyond and Client Appreciation
  • Led project for $22Bn Japan HQ-ed Fortune 500 Energy Systems player; Added ₹2Bn to top-line for their #1 largest power plant in India
    • Worked directly with the Partner; Engaged with vendors and contractee (the State Government) to facilitate negotiations
    • Analysed impact of GST implementation to compute addn. claim; Did contract review, competitive benchmarking, and scenario mapping 
  • Led long-term project for ₹95B conglomerate Fortune India 500 player in Security, Cash Logistics, and Facility Management sector
    • Presented to C-Suite, including promoter; Led multiple PwC pitches, expanding client billing by 20%; Secured addn. revenue of ₹2M
    • Strategized and implemented opportunity to reduce employee benefit cost by ₹150M by restructuring the business model
  • Advised on business model restructuring for multiple clients by analysing financial statements, optimizing cost by 7% - 12%
Pre-qualification Experience/ Articleship | KPMG | Gurugram 
  • Independently managed consulting assignments including financial health checkups, transaction advisory for Fortune 500 companies
  • Provided advisory and due diligence support on M&A transactions worth $13B for Oil & Gas and Consumer sectors
Entrepreneurial Experience | Founder - Om Furniture and Furnishings 
  • Founded a B2C business specializing in bespoke furniture and home interior solutions. Managed the entire value chain 
  • Generated ₹5Mn in cumulative revenue over 3 years; Served 1000+ customers across 5+ cities in India; Led team of 8
  • Added 30+ B2B logos and partnerships across business lifetime; Exited in a profitable sale of venture


 

Accomplishments
  • Secured 2 fast track promotions – one each at PwC and Nestle, in 15 months against an average of 3 years
  • Secured 5th rank out of 121 teams in National Level Consulting Case Competition 2024 organized by Skilled Sapiens
  • Awarded with Spot Bonus 2021, Dashing Debut 2022, Achiever of the Quarter 2022 & 2023, and others at Nestle
  • Received the highest possible rating – ‘Outstanding (1/5)’ for 2 consecutive years, ranking among the top 5 percentile at PwC
  • Awarded with Above and Beyond – Individual by PwC, Client Appreciation – Team by PwC, and Super Team by KPMG
Education
Individual Research Project | Finance & Accounting
  • Analysing the impact of Holding Company Discount in the Indian Equity Market
  • Identifying key factors for non-convergence to fair value in Indian context 

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
  • Elected member of core committee of ConsultX (10/158) and Speaker Series (7/158) at IIMA
  • State level Chess player - Represented DPS RK Puram, Delhi at State Level. Winner of Nestle Business Services Chess Tournament 2023
  • Secured a rank in extended merit list of IITJEE 2009, and in the final round of National Science Olympiad 2005