Nishank Agrawal
Salmiya
Summary
A finance professional aiming CFO / Finance director position, experienced in:
i) Building and leading high-performance teams in Group Finance / Corporate Finance business division
ii) Optimization of cash flow management with proven strategies
iii) Enhancement of management controls and decision-making by continuous improvement in business structure and procedures
iv) Well-versed in accounting including IFRS compliances / consolidations and effective application of industry best practices
v) Proactive while solving diverse financial and business challenges
vi) Good in developing the business to a sound financial footing
vii) Experienced in divestment of businesses, acquisitions, valuations, and feasibility of various financial decisions
viii) Believe in automation of processes and tasks using technologies to improve team efficiency and to develop management reports
Overview
22
22
years of professional experience
Work History
Senior Finance Manager
Al-Shaya Group Management
01.2022 - Current
- Assisting Group CFO for various financial decisions related to businesses within the Group (Retail, property, trading, hotel, investments, contracting, tour & travel, advertising)
- Feasibility study of the new opportunities (evaluation of private equity investments) and financial modeling
- Advising management for efficient / optimum structure while incorporating a new entity and in restructuring of existing entities from various viewpoints including corporate tax, withholding tax, tax treaty, capital gain tax, thin cap rules, treasury (fund management) and legal perspective.
- Management reporting (monthly and quarterly) – analyzing KPIs, variances, common size statements, trends, ratios with reference to income statements, cash flows and EBITDA (including graphical presentations)
Senior Finance Manager
National Bank of Kuwait
09.2013 - 01.2022
- Was part of Management Accounting team (within Group finance office) to assist unit head, supported by three dedicated staff and ten shared staff and was leading “Planning and Cost control” division
- Budgeting & Forecasting process at Group level which includes forecasting of Group performance of the running year and planning for next year in relation to income statement and balances sheet (including all performance ratios, broad overview of Group strategy and impact on financial performance in light with Macro Economic outlook)
- Consolidation of individual unit plan to produce Group level Plan
- Bank wide Cost Control which includes reporting (with respect to year on year and vs Plan performance) to Group CFO
- Board report: High level information on the Group financial performance
Senior Financial Analyst
Al-Shaya Group management
08.2011 - 09.2013
- Management reporting (monthly and quarterly) – analyzing KPIs, variances, common size statements, trends, ratios with reference to income statements, cash flows and EBITDA (including graphical presentations)
- Tax planning for all nineteen countries of operations (for retail and other divisions)
- Supported team for consolidations of various group entities and was engaged in review of the financial statements.
Senior Auditor
Ernst & Young
09.2007 - 08.2011
- Worked with statutory audit unit, undertaken responsibilities as an audit in-charge at various clients, performed consistently well which later reflected over my appraisals / promotions for completing various assignments on time (Gulf Bank, Al-Ahli Bank of Kuwait, First Investment Co, The International Investors, Bait-Al Maal Investment Group, Landmark Group, Babuyan Plastics, Babtain Group and KIA Motors. Apart from audit experience, I also assisted EY transaction advisory unit for various due diligence assignments (Auto-Mak Leasing, Gulf Crayo and KIPCO Group).
Senior executive
Infosys KPO
04.2007 - 09.2007
- Assisted Financial Planning & Analysis team for receivable module of Bell Canada client (employed by Infosys during campus placement program of Institute of Chartered Accountant of India)
Internship
Anoop Agarwal & Co
03.2004 - 03.2007
- Concurrent audits for Corporation Bank, Bank of India, Indian Bank and Bank of Maharashtra.
- Statutory audits for SMS Pvt ltd, Electronic Corporation of India and Delhi Medical Council
- Internal audit of Cyber Media India Ltd
Education
Chartered Accountant -
Institute of chartered accountants of India (ICAI)
11.2006
Bachelor of Commerce (B.Com.) - undefined
Lucknow Christian College
Lucknow, U.P.06.2002
Skills
- Strong analytical skill (Data processing to extract meaningful information for understanding big picture)
- Valuations of businesses (PE based, PV of future cash flows, capital asset pricing & net asset model)
- Excellent / advance level understandings of financial tools (IRR, PV, CAGR, Pivot, Data table, Dashboard, Goal Seek, Sensitivity analysis)
- Financial modeling
- MS Office and Oracle business object (Advance excel, word and power point)
- IFRS compliance, consolidation of entities and accounting treatments
- Automation of repetitive tasks
- Experience
- Corporate Finance - restructuring, tax feasibility, thin cap rules, dividend efficient structures
- Feasibility study / Valuations of businesses
- Cash Flow Management, Budgeting, and forecasting
- Cost control and cost allocations to various business units/entities
- Dealt with various consultants (Auditors, lawyers, valuation experts, transaction experts)
- Consolidation of financial statement, Review and IFRS compliances
- Agreement and Contract review including impact assessment
LANGUAGES / DOB
English and Hindi
Date of Birth: 1983-01-03 (Raebareli, U.P., India)
Training
- Artificial Intelligence – advance application for decision making and tools to improve finance function / decision making – August 2025
- Strategic cost management program from IIM (Indian Institute of Management) Ahmedabad – Mar 2021
- IFRS Diploma: ACCA institute (London) – 2009 (cleared in first attempt)
- NBK High-Flyers Program (mini-MBA) during my employment in NBK in 2015
- Middle Management Training - 5 days course by Euro Money (in NBK) in 2018
- CFA USA – pursuing
Disclaimer
The above information is true per best of my knowledge. Nishank Agrawal
Hobbies and Interests
Listening Finance World podcasts, Book reading, Listening Music, Teaching finance to young professionals, playing Badminton and Cricket
Timeline
Senior Finance Manager
Al-Shaya Group Management
01.2022 - Current
Senior Finance Manager
National Bank of Kuwait
09.2013 - 01.2022
Senior Financial Analyst
Al-Shaya Group management
08.2011 - 09.2013
Senior Auditor
Ernst & Young
09.2007 - 08.2011
Senior executive
Infosys KPO
04.2007 - 09.2007
Internship
Anoop Agarwal & Co
03.2004 - 03.2007
Bachelor of Commerce (B.Com.) - undefined
Lucknow Christian College
Chartered Accountant -
Institute of chartered accountants of India (ICAI)
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