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Manager Project

Location:
Novi, MI, 48375
Posted:
March 09, 2010

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Resume:

SUHAS SATHE

*****, *********** ****, ****, ** ***75. *****@*****.***. 313-***-****

CAREER SUMMARY

** *** ********** – finance (10) and project management (4). Expertise in financial modeling, accounting

controls, business case preparation and related contract negotiations. SME on cost estimating module.

Prepared procedures for SOX testing and to implement accounting controls per GAAP. Top notch

software skills. Reputation for robust translation of objectives to financial and accounting procedures and

their communication by effective reporting. Performed supervisor role and trained employees as SME.

Prepared and delivered presentations to all levels of organization – CFO, analyst, functional leadership.

PROFESSIONAL EXPERIENCE

CONSULTING 2/2006 – Present

AJILON (assigned to General Motors), Southfield, MI 5/2007 – Present

Consultant. Financial analysis and accounting of global IT hosting services – pricing, budget, rebill and

accrual. Advice IT directors on cost control and contract management. Evaluate lease structure to

transition to coterminus leases. Invented procedure to allocate service costs.

VENATOR (assigned to Cobasys LLC), Troy, MI 9/2006 – 5/2007

Consultant – Worked with VP of Strategy and VP of Finance to prepare funding request, new product

business model, five and twenty year financial forecast and 2007 budget. Complex financial model

covered every aspect of business to translate strategic options to financial statements. Implications of

model essential for current funding and long term growth plan.

INOVIT, Novi, MI (Completed projects at INOVIT simultaneous to Venator & Ajilon) 2/2006 – 9/2007

BPI Consulant - Business dissolution and merger consulting. Prepare financials in preparation of sale,

asset evaluation, IPO evaluation or deal presentation. Enhanced SOX testing and financial reporting

processes of offshore operations.

FORD MOTOR COMPANY, Dearborn, MI 3/1999- 1/2006

Senior Finance Specialist, Product Development / Manufacturing 2002-2006

Managed $400 million annual material cost and $14 million investment within budget for electrical

components. Experience with detailed management of chassis and body components.

Audited supplier financials to gauge financial stability through balance sheet forecasting from

annual and quarterly data, cost of capital and SG and A rationale, and analytical valuation tests,

providing guidance on compliance and certification.

Avoided cost overruns by analyzing supplier contracts up to $150 million annual cost for part

piece, tooling and engineering design cost. Ensured process compliance by adhering to internal

and external audit guidelines without a negative impact on operational effectiveness.

Developed business cases for new options with detail of return on investment, sensitivity analysis

and business risk.

Created change control tracking procedure to coordinate changes between purchasing,

engineering and finance functions.

Led Common Part Financials project that devised common financial tracking and recording

procedures across vehicle programs with a savings potential of 12 heads and 1.25% of material

cost.

Senior Finance Analyst, Cost Optimization 2000-2002

Subject Matter Expert on PAM ( Program Activity Manager ) cost target setting tool.

Recognized by North American controller for Six Sigma project that achieved $1.6 million annual

cost savings, improving quality and customer satisfaction for dash insulators. Followed DMAIC

methodology by extensive statistical analysis to relate engineering knowledge to financial

deliverables.

Trained over fifty North American and European analysts on cost estimating application.

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Finance Analyst, Cost Optimization 1999-2000

Created expert system to estimate prototype parts.

Invented global cost estimating module that rapidly identifies part estimates, improving target

setting and facilitating negotiations.

Estimated part costs to support 20 - 50% favorable pricing on vehicle components. Organized

and participated in VA/VE reviews.

CAE TECHNOLOGIES, INC., Livonia, MI 12/1994-3/1999

Project Management Associate 1995-1999

(Assigned to Ford Motor Company )

Provided program management support on the Expedition, Navigator, F - Series, Medium Truck and

Ranger vehicles.

Designed a global program that analyzes revenue, cost and capacity restraints of product

features to calculate profit potential of complex vehicle offerings. Used since 1998 to forecast

profit impact of new vehicle features.

Identified potential warranty impacts that contributed to over $2 million in cost avoidance.

Built complexity matrix used to derive optimal number of vehicle builds.

Business Development Associate 1994-1995

Member of four person team that wrote an engineering project proposal resulting in a TACOM

(Tank Automotive Command) four year, $4 million contract.

Designed and implemented quality control processes essential to Q1 quality certification.

Programmed the recruiting and human resources system resulting in operational efficiency

improvements contributing to significant increase in outplacements.

IBM, Research Triangle Park, NC 1993-1994

Devised rapid resolutions to intra company network performance issues.

EDUCATION

MBA, University of Michigan, Ross School of Business, Ann Arbor, MI 2004

PhD Student, Duke University Fuqua School of Business, Durham, NC 1990-1993

MS, Biomedical Engineering, University of Kentucky, Lexington, KY 1990

BS, Mechanical Engineering, University of Bombay, India 1987

AWARDS

Ad - hoc corporate financial reporting. Delivered consistent and streamlined reporting allowing

leadership time to communicate guidance, 2005.

‘Best rate’ procedure to calculate ‘average vehicle’ cost via part level take rates. Model replaced

onerous manual calculation. Avoided purchase of external software, 2004.

Supplier Target Agreements delivered on target. Essential to strategy of eliminating variance in

part cost and achieving vehicle program target, 2004.

‘Dare to Dream’ grant winner - Received seed funding from the Zell - Lurie Institute of

Entrepreneurial Studies. Business plan supported by detailed risk model (operational risk with

econometric modeling transitioning from VC to IPO funding), 2003.

‘Program Activity Manager’ cost target setting tool. Used by Total Value Management group to

identify best in class cost and manufacturing process, 2000.

ECOS ( Entity Costing System ) module to measure profits from features and options. Suggests

profitable mix level and feature content, 1999.

‘P221 Supplier Summit’ effort to organize suppliers for F150 truck launch. First step in optimizing

value through supplier resource sharing, 1998.

Simplified cost reduction tracking and reporting for end of life inventory, 1998.

Customer Driven Quality Award for accurate compilation of vehicle parts list, 1997.

Systems Aptitude: Participated in scaling desktop estimating and compliance tracking procedures to

enterprise wide systems. Developer ability with Microsoft Office Visual Basic including Microsoft Excel

and Access. Familiar with Hyperion Essbase and Oracle Business Objects.

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