Manoj Agarwal
Bangalore
Summary
Seasoned Chartered Accountant and finance professional with over 25 years of global, multi-industry experience in financial management, cost control, financial planning & analysis, and auditing. Demonstrated ability to drive cost efficiencies, optimize working capital, and lead teams across diverse industries. Known for unwavering accuracy, credibility, and integrity in financial reporting, with a proven track record in treasury management, risk assessment, and international financial reporting.
Overview
32
32
years of professional experience
Work History
Commercial Director
Hinduja Global Solutions Ltd., NXTDIGITAL Division
Mumbai
12.2021 - Current
- Company Overview: A Hinduja Group Company
- Spearheaded a cost reduction initiative saving ₹42.26 crores annually through manpower rationalization, office shifts, and logistics sharing
- Identified revenue leakages and implemented corrective measures, resulting in a revenue boost of ₹140 million
- Led the preparation of accounts under IND AS, successfully audited by Big 4 firms, and presented business reviews, budgets, and financial plans to the board
- Oversaw procurement and logistics, optimizing large local and international contracts, resulting in substantial cost savings
- A Hinduja Group Company
- Developed and implemented commercial strategies to drive revenue growth.
- Conducted financial analysis of potential investments, acquisitions and partnerships.
- Negotiated contracts and agreements with vendors, suppliers and partners.
- Established pricing policies for products and services to maximize profitability.
- Monitored performance metrics such as revenue, cost of goods sold, gross margin to measure success of commercial activities.
- Conducted meetings to discuss production progress and attain production objectives.
Financial Controller
Hinduja Global Solutions Ltd., NXTDIGITAL Division
Mumbai
09.2018 - 11.2021
- Company Overview: A Hinduja Group Company
- A Hinduja Group Company
Head of Finance & Treasury – India
Ansaldo STS
05.2017 - 09.2018
- Company Overview: A Hitachi Group Company
- Negotiated with suppliers to reduce material costs, saving USD 1 million annually through leveraging the organization’s strong credit rating
- Maintained USD 100M in working capital for ongoing projects, ensuring smooth business operations across India, Australia, and Malaysia
- Led financial restructuring in three countries, successfully transitioning from country-specific reporting to vertical reporting
- Hedged financial risks on major international projects, protecting margins and ensuring long-term financial stability
- A Hitachi Group Company
Head of Finance & Treasury – India & Australia
Ansaldo STS
09.2016 - 05.2017
- Company Overview: A Hitachi Group Company
- A Hitachi Group Company
Head of Finance & Treasury – India
Ansaldo STS
02.2013 - 08.2016
- Company Overview: A Hitachi Group Company
- A Hitachi Group Company
Head of Finance & Treasury – Asia Pacific
Ansaldo STS
08.2010 - 01.2013
- Company Overview: A Hitachi Group Company
- A Hitachi Group Company
Financial Controller
Granules India Ltd
01.2007 - 01.2008
- Directed local statutory and tax filings, alongside management reporting, ensuring full compliance with regulations
- Orchestrated due diligence for mergers and acquisitions, ensuring strategic fit and arranging USD 10 million in funding without straining existing operations
Assistant Vice President – International Business
Strides Arcolab Ltd
01.2000 - 01.2006
- Realigned international operations in the US, Mexico, and Brazil, optimizing business worth USD 50M to align with long-term company strategy
- Successfully restructured high-cost debts, saving the company significant interest costs
- Developed hedging strategies for foreign currency exposures, safeguarding company profitability against market fluctuations
Various Roles in Finance and Accounts
01.1993 - 01.2000
- Demonstrated success in roles at IFB Industries and Goetze India, managing financial audits, cost management, and streamlining operations across multiple plants and international joint ventures
Education
Advanced Management Program -
Indian Institute of Management
Bangalore01.2011
International Business Program -
ESCP Europe
Paris01.2010
Chartered Accountant -
Institute of Chartered Accountants of India
01.1993
Cost Accountant -
Institute of Cost & Works Accountants of India
01.1992
Bachelor of Commerce -
University of Kolkata
01.1990
Skills
- Cost Control & Optimization
- Financial Reporting & Analysis (IND AS, IFRS)
- Treasury & Risk Management
- Budgeting & Forecasting
- Revenue Assurance
- Business Process Optimization
- Financial Planning & Analysis
- Global Team Leadership
Personal Information
Date of Birth: 01/09/68
Accomplishments
NXTDIGITAL’S “NXTHUB” BAGS THE “BEST INNOVATIVE PROJECT OF THE YEAR” The prestigious National Feather Award for the “Best Innovative Project of the Year” was awarded to NXTDIGITAL Limited for its innovative and future-ready digital NXTHUB project; The NXTHUB project is spearheaded by Manoj Agarwal, Commercial Director at NDL who commented that “This prestigious award reflects our vision and mission of a complete digital transformation. Digital TV, OTT, WIFI and broadband are the start of expanding our digital highway of services that have been developed by NXTDIGITAL”. About NXTDIGITAL LIMITED (www.nxtdigital.co.in)
Timeline
Commercial Director
Hinduja Global Solutions Ltd., NXTDIGITAL Division
12.2021 - Current
Financial Controller
Hinduja Global Solutions Ltd., NXTDIGITAL Division
09.2018 - 11.2021
Head of Finance & Treasury – India
Ansaldo STS
05.2017 - 09.2018
Head of Finance & Treasury – India & Australia
Ansaldo STS
09.2016 - 05.2017
Head of Finance & Treasury – India
Ansaldo STS
02.2013 - 08.2016
Head of Finance & Treasury – Asia Pacific
Ansaldo STS
08.2010 - 01.2013
Financial Controller
Granules India Ltd
01.2007 - 01.2008
Assistant Vice President – International Business
Strides Arcolab Ltd
01.2000 - 01.2006
Various Roles in Finance and Accounts
01.1993 - 01.2000
Advanced Management Program -
Indian Institute of Management
International Business Program -
ESCP Europe
Chartered Accountant -
Institute of Chartered Accountants of India
Cost Accountant -
Institute of Cost & Works Accountants of India
Bachelor of Commerce -
University of Kolkata
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