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Nishit Gandhi is a seasoned finance professional with extensive experience in financial planning, analysis, and management. He has led teams in various roles, including Director Operations and Business, Regional Finance Director, and Assistant Vice President Finance. Nishit holds a Chartered Accountant degree from the Institute of Chartered Accountants of India and a Master of Business Administration from the University of Saskatchewan.

Credentials

  • Bloomberg Market Concepts
    Bloomberg Industry Group
    Dec, 2019
    - Apr, 2026
  • ACCA UK
    Diploma in International financial reporting standards
    Aug, 2014
    - Apr, 2026
  • Six Sigma Green Belt certification
    GE Capital

Experience

  • First Nations Bank of Canada
    • Saskatoon, Saskatchewan, Canada
    • Finance
      • Jan 2021 - Present
      • Saskatoon, Saskatchewan, Canada

  • Criterium Group
    • Calgary, Alberta, Canada
    • Consultant
      • Sep 2020 - Dec 2020
      • Calgary, Alberta, Canada

      I worked with a couple of Criterium clients. I worked with the United Way of Calgary and Area on the project to redesign the customer experience strategy. I developed the customer journey maps as well as a road-map for the entire project. My second client where I was part of a bigger team was a city in Western Canada where we were reviewing their processes to find sustainable savings for the city.

    • Director Operations and Business
      • Sep 2017 - Aug 2019
      • New Delhi Area, India

      American Embassy School is one of the premier international schools in India with about 1,200 students. I led a 200 member team at the American School in New Delhi, India. I was the head of operations and finance. I was part of the senior leadership team. My big achievement was to make the finance and operations team more aligned and sensitive to the needs of faculty, students and the wider community.-I was able to provide multi-year financial models and scenarios to the board of governors that allowed it to make better decisions on school fees, salary increases and the operational as well as capital budgets. -I was able to improve the operations of the school by making them safer and upgraded educational spaces. -I improved our investment policy statement. We were able to improve our returns to 5-6% on our investments.This was a senior leadership role. I grew skilled in relationship management, prudent financial management, working with the board of governors and assisted in building the strategy of the school.

  • British Council
    • New Delhi Area, India
    • Director Financial systems | SAP| & Regional Finance Business partner- South Asia
      • Sep 2008 - Aug 2017
      • New Delhi Area, India

      British Council is the UK organization for cultural relations operating in 110 countries. I had two roles the first was the head of finance for the South Asia region and then the director of global financial systems. I led the financial operations of a geographical region and was a trusted business advisor for the British Council South Asia.A. British Council- Director- Global financial systems- May 2016- August 2017I was responsible for the design, development, and implementation of changes to Financial and Management accounting and reporting systems. -I developed a global inter-company accounting and reconciliation system for the organization. It reduced the days to close our books from about 30 to 20 days eliminating a major pain area for the financial reporting team. -I led the efforts to review and remove redundant master data to improve management reporting.-I worked with the Information systems, Business teams and Global finance teams to improve the reconciliation between financial and business systems. It improved financial & management reporting for the business.B. Regional Finance Director- South Asia - September 2008- April 2016I led the finance function in South Asia, which has a turnover of GBP 150m across seven countries. I was responsible for financial planning and analysis, budgeting, forecasting, and management reporting. -I ensured that fixed costs were kept constant despite us being in high inflation countries – at about 9% of revenue for six straight years. South Asia's had one of the lowest fixed costs base in the British Council network-I supported a complex change - tax and status for the British Council in India, which involved setting up a new subsidiary, review of tax and business model, SAP implementation and building new finance organization and processes-I supported revenue growth and cost control by providing accurate, timely and relevant management information. It gave valuable management insight to businesses.

  • Genpact
    • New Delhi Area, India
    • Assistant Vice President Finance
      • Sep 2001 - Sep 2008
      • New Delhi Area, India

      Genpact is a global leader in business process and technology management. I worked in a variety of client-facing roles. I learned client handling, team leadership, transforming systems and processes as well as Six Sigma skills in Genpact 1. Finance Transformation/ Solutions team- October 2006- August 2008-I was part of a specialized Finance & Accounts team, which was responsible for Strategic Assessment, due diligence & Finance transformation for various clients. -I worked in industries as varied as Confectionery, Pharmaceuticals, Automobiles, Insurance, Oil & Gas and Commercial Finance, et in the United States, United Kingdom, Mexico, Ireland, Luxembourg, England & Japan on different Finance processes.-I advised clients on their finance processes and exploring offshoring opportunities2. Corporate Finance- Controllers Group- September 2005- October 2006Assistant Vice President - Led a 20- member team responsible for processing, accounting & managing Accounts receivable and Accounts Payable of Genpact International. Accounts Receivable: I headed the team that developed billing solutions to the various clients of Genpact across different practices, billing and collections of over USD 500 M, closing, reporting and audit of the Accounts receivableAccounts Payable: I was responsible for all foreign currency and INR payments from Genpact India, provisioning, closing and audit of Accounts payable.3. Treasury- Transitions & Operations- Till Sep 2005 I led a team of 30 people managing Global Treasury Operations for GE Insurance Solutions in Genpact. These included wire payments, cash positioning, compliance processes, and Treasury Accounting.-Established the Treasury desk for Europe & US front office of our Reinsurance client-Consolidated Cash operations from the UK, Denmark, Germany & United States in IndiaI joined Genpact as an Assistant Manager in September 2001, was promoted to a Manager in May 2003 & then to an Assistant Vice President in June 2005.

  • Deloitte
    • New Delhi
    • Business Advisory & Assurance
      • 1999 - 2001
      • New Delhi

      Business Advisory & Assurance Division Independently handled the following assurance and advisory assignments:• Statutory & Tax Audit of the followed companies: Xerox Limited, Avery Limited, Delphi Automotive Systems.• Due Diligence Reviews • Business Valuation

Education

  • 2020 - 2021
    Chartered Professional Accountants of Canada (CPA Canada)
    Accounting and Business/Management
  • 2019 - 2020
    University of Saskatchewan
    Master of Business Administration - MBA, Business Administration and Management, General
  • 2014 - 2014
    ACCA UK
    Diploma in International financial reporting standards (IFRS), Finance
  • 1993 - 1996
    The Institute of Chartered Accountants of India
    Chartered Accountant, Accounting and Finance
  • 1990 - 1993
    Delhi University
    Bachelor of Commerce - BCom, Accounting and Finance

Suggested Services

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Industry Focus. “Banking”

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