Six Sigma Engineer
Resume:
SRIKANTH DASARI
Sylvania, OH 43560
*******@*****.***
HIGHLY ANALYTICAL, STRATEGIC, PROCESS MINDED
Cross functional experience in roles with increasing responsibilities at
global Fortune 500 company includes Treasury, Lean Six Sigma, Mergers and
Acquisitions, Business Planning and Product Development. MBA from
University of Michigan, MS in Chemical Engineering and Lean Six Sigma Black
Belt training.
PROFESSIONAL EXPERIENCE
OWENS ILLINOIS, INC. (OI), Toledo, OH 1998 - 2009
Global glass packaging leader with $8B in revenues and 75+ manufacturing
facilities in 20+ countries.
Director of Treasury (2009)
Managed ongoing corporate treasury functions such as capital market
activities, cash and liquidity management, compliance and acquisition and
project financing. Chaired Financial Risk Management Committee to identify
and manage risks associated with foreign currencies, interest rates,
commodity pricing, counterparty risk and defined benefit pension plans.
. Issued $600M Notes at favorable terms under very difficult capital
market conditions, completed tender offer for $220M Notes and
successfully managed global liquidity position through credit crisis.
. Examined capital structure issues extensively, created a road map for
near term treasury activities that would support all potential
scenarios of 3 year business plan.
. Improved the process to identify global currency exposures and
identified ways to lower the hedging costs by $2M/year.
Lean Six Sigma Deployment Champion (2007 - 2009)
Managed all financial aspects of global Lean Six Sigma initiative. Program
included 160+ full time practitioners and 1,600+ projects. Reported
directly to CFO.
. Created the financial structure, valuation guidelines and metrics for
program internally, avoided $1.5M in consulting costs.
. Developed and managed global team of 150+ financial analysts to
capture savings of $75M in first year of program.
Manager of Corporate Planning (2005 - 2007)
Collaborated with worldwide operations, treasury, tax and legal areas to
manage corporate development activities such as acquisitions and joint
ventures.
. Divested $1.8B multinational plastics packaging business at record
valuation multiple to unlock the value not realized in stock market.
. Worked on strategy, valuation and due diligence associated with
mergers, acquisitions and alliances globally; areas included U.S.,
Russia, Mexico and Malaysia.
. Valued capital projects across worldwide businesses as a member of
Capital Leadership Team and ensured only those with highest returns
were funded by the annual capital expenditure of $400+M.
. Made significant contributions as internal consultant in finance,
strategy, marketing and operations areas across several business
units.
. Standardized budgeting process and presentations for global business
units to ensure consistency and comparability; assisted all units in
developing goals and key metrics consistent with corporate goals.
. Collaborated with consulting firm and prepared a strategic plan,
identified value drivers and established key performance indicators
and metrics to monitor progress against strategic goals.
Treasury Analyst (2004 - 2005)
Monitored, forecasted and managed $5.5B in debt, interest and cash at 80+
facilities and 20+ countries in numerous currencies; analyzed the trends
and provided actionable insights to senior management.
. Refinanced the bank credit agreement and supported $1.4B acquisition
in France and $1.2B divestiture in the U.S.
. Identified transaction and balance sheet exposures at worldwide
facilities and entered into numerous currency derivatives to hedge the
risk.
. Automated and streamlined treasury reports that were previously run
manually; changed the scope of the position from one of reporting to
one of analysis.
Internal Auditor (2003 - 2004)
Performed audits to ensure compliance with Sarbanes-Oxley Act.
Business Planning Analyst (2001 - 2003)
Managed financial analyses and pricing for $110M Plastics business unit
that serviced automotive, food and medical devices industries.
. Programmed cost and pricing models for 8 manufacturing facilities.
Models increased transparency to costs, costing flexibility and
enabled sensitivity analyses.
. Performed new project valuation and quoted stock & specialty products
integrating knowledge of manufacturing costs, margins, customers and
competition.
. Participated in contract negotiations and managed pricing and
incentives for customers.
. Analyzed medical devices, electronics, computers and computer
peripheral industries in U.S. and Asia Pacific region to identify
potential plastics molding opportunities.
Materials Engineer (1998 - 2001)
Researched and qualified plastics materials that met stringent requirements
for product lines in the food & beverage, medical devices and computer
peripherals industries.
. As Owens Illinois - Hewlett Packard Supply Chain Process Control
Leader, qualified and audited suppliers on product quality and process
control and managed supply contracts.
SHAKESPEARE MONOFILAMENTS, Columbia, SC 1995 - 1997
Product Development Engineer
. Improved plastics extrusion process efficiencies by 15 - 25% and cut
costs that positively impacted profitability of the plant.
. Evaluated several new technologies, their viability and profitability
to the company.
EDUCATION
Masters of Business Administration (MBA), Finance & Strategy, University of
Michigan, Ann Arbor, MI
Masters of Science, Chemical Engineering, Plastics, The University of
Toledo, OH
Bachelor of Science, Chemical Engineering, Osmania University, India
OTHER
Captain of college Cricket Team
Volunteer, New Employee Satisfaction Team
Instructor, "Finance for Non-finance Managers" Course
Contact this candidate