Bikash Agarwal

About Bikash Agarwal

Experienced finance and strategy professional with over 20 years of progressive leadership experience, driving business planning, financial control, strategic decision-making, and operational excellence across diverse industries. A consistent high performer with a proven track record of building and scaling businesses through structured strategy, disciplined execution, and financial rigor.I have been part of the founding team at Eternia (Hindalco Industries Limited), where I played a pivotal role in designing and executing strategies that enabled the business to scale and move towards break-even within a short span. My work spans:• Financial Architecture & Systems: Designed and implemented scalable financial processes, reporting frameworks, and internal controls. Built a cost-efficient, high-performance finance team by leveraging CA Industrial Trainees effectively.• Strategic Growth Initiatives: Spearheaded the adoption of channel financing as a strategic tool to scale channel partners, and played a critical role in securing approvals and setting up the plant for retail expansion.• Digital & Operational Transformation: Curently leading the implementation of a new ERP system.• Driving business transformation through industry leading tool called OKR(Objective by Key Results).• Strategic Partnering: Strong experience in taxation, law, business research, planning and analysis, enabling decision-makers with clear, actionable insights.• International Expansion - Playing key role in expansion of business in UAE marketI’m deeply passionate about building and scaling businesses, combining financial discipline with strategic foresight. My core strengths lie in structured problem solving, effective communication, and driving strategy from concept to execution.

Experience

1. Head Finance -eternia (a Venture of Hindalco Industries Ltd)

   Hindalco Industries Limited

   Feb 2021 — Present · Mumbai, IN

   Founding Team Member | Strategic Finance & Business Scale-UpAs part of Eternia’s founding leadership team, I played a pivotal role in shaping the business from the ground up — creating the systems, processes, and financial backbone that enabled scalable and sustainable growth. My focus has been on building strategic capabilities, operational agility, and capital-efficient growth engines.Key Contributions:• Spearheaded the creation of finance systems, processes, and governance models to scale the business sustainably.• Built a cost-effective, scalable finance team from scratch to support rapid growth.• Led ERP implementation to enable real-time, data-driven decision-making.• Drove strategy execution through OKR framework design and rollout across business units.• Played a lead role in M&A — including model building, term sheet creation, negotiations, and board approvals.• Set up channel financing structures to unlock partner growth and improve working capital cycles.• Anchored Capex approval and plant setup processes, enabling efficient capacity expansion.• Established project approval mechanisms to align investments with strategic priorities.

Education

• Army Institute of Management, Kolkata

  MBA, Management

  2002 — 2004

• The Institute of Chartered Accountants of India

  Chartered Accountancy, Accountancy, Taxation

  2001 — 2005

• University of Calcutta

  Bachelor of Commerce - BCom(Hon), Accounting and Finance

  1998 — 2001

• CFA Institute

  CFA (Cleared all three levels), Personal Finance, Derivatives, Stats

  2006 — 2009

• Indian Institute of Management Ahmedabad

  Strategic Management Course , Strategy

Skills

• Valuation
• Financial Modeling
• Fixed Income
• Equity Research
• Equities
• Investment Banking
• Business Analysis
• Capital Markets
• Banking
• Risk Management
• Corporate Finance
• Derivatives
• Financial Analysis
• Portfolio Management
• Bloomberg
• Due Diligence