Deepak A Patel

Experience

• 

  Hindustan Aeronautics Limited

  Jan 1984 - Jan 1985

  Process Engineer

  Manage a team of machinists responsible for machining key components for Landing Gear mechanism for MiG fighter aircraft.

• 

  Cummins Inc.

  Jul 1990 - Jun 1998

  •Performed business valuation using Discounted Cash Flow (DCF) method and due diligence of two international acquisition candidates having revenues of $250M each. Prepared financial presentation for Senior Management Review. •Completed divestiture project of a subsidiary with sales of $56M. Performed valuation of subsidiary using Discounted Cash Flows and benchmarked value against comparable. •Lead a team to review and analyze current process for Acquisitions, Alliances and Divestitures, resulting in Re-engineering of process.•Participated on teams involved in issuing Debt and Commercial Paper. Worked closely with investment bankers for private placement of $160M debt.•Researched and evaluated financial feasibility of Engine Joint Ventures valued at $25M each with Chinese automobile manufacturers based in Wuhan and Chong Qing, China. Participated in negotiations with Business Development Teams.•Evaluated New Product Plans, with investments ranging from $10M to $400M, providing financial, pricing and business analysis.•Prepared financial portion of all Management Review packages for New Product Plans, with special emphasis on risk exposures and financial impacts.•Participated on a team to review and analyze process for Appropriation of Capital Projects, resulting in Re-engineering of the process.•Reviewed lease-buy decisions and investments for over $300K of new Capital Investments. Show less •Developed strategy, implemented and installed precision cleaning (solvent free) and deburring processes for manufacture of precision fuel systems components.•Developed bid specifications, purchased and installed capital equipment. •Managed equipment suppliers and engineering projects to meet component specifications and delivery schedules with a $6.0 Million Capital Equipment Budget. •Initiated and supported product/process improvements on the manufacturing floor including work flow optimization, inventory reduction, automation and fail-safing. •Accomplishments in precision Fuel Systems Manufacturing: * Implemented two Unconventional Manufacturing Processes. * Improved productivity of manufacturing operations by 33%. * Improved Process flow leading to a 30% reduction in through put time. Show less

  • SENIOR FINANCIAL ANALYST, Treasury, Mergers & Acquisitions

    Apr 1993 - Jun 1998

  • SENIOR MANUFACTURING ENGINEER, Fuel Systems Business

    Jul 1990 - Mar 1993
• 

  DTE Energy

  Jun 1998 - Dec 1998

  PROJECT DIRECTOR, Business Strategy & Development

  •Research and evaluate acquisition of MCN Corporation in 1998 leading to acquisition in 2001.•Develop potential sales opportunities for DTE Energy and Plug Power in Distributed Energy.

• 

  Delphi

  Jan 1999 - Mar 2003

  •Manage and supervise the work of four Financial Analysts involved in budgeting, forecasting and timely reporting of financials.•Provide Manufacturing Operations with Product Line profitability data and assist with operational efficiencies and cost reductions.•Provide Cost and Profit Estimates for new products to Product Business Teams.•Negotiate equipment lease and contracts for Manufacturing Operations. •Perform business analysis for capital investments and “Make versus Buy” projects. Show less •Mentor and Coach Analysts in business analysis with special emphasis on evaluating due diligence findings and their impact on valuations. •Coordinate due diligence of acquisition candidates and review findings with management.•Research and evaluate potential acquisitions in Europe and Asia/Pacific. •Work with Strategic Business Units (SBUs) to review, evaluate, and approve alliance and acquisition investments including legal and business agreements such as Letter of Intent, Confidentiality Agreements, Supply Agreements, Purchase-Sale Agreements. •Prioritize investment projects based on acquisition and strategic value to manage portfolio. •Accomplishments in Mergers and Acquisitions: * Facilitated acquisition of $300 million division of Fortune 100 Company in 5 months * Facilitated acquisition of $20 million supplier of telecommunication equipment * Valued and analyzed potential major automotive supplier acquisitions in Asia-Pacific Show less

  • PLANT CONTROLLER, Chassis Systems Manufacturing ($500M Annual Sales)

    Jan 2002 - Mar 2003

  • MANAGER, Business Analysis, Mergers and Acquisitions

    Jan 1999 - Dec 2001
• 

  Ford Motor Company

  Mar 2003 - now

  Global Cost Estimating Manager, ($13,000M Annual Purchases) Automotive Propulsion Thermal and Electrified SystemsFull-timeJune 2024 - Present · Dearborn, MI 48126DearbornManage a group of over 50 analysts and engineers worldwide involved in Cost Estimating $13B of New Automotive Products for North America, Europe, Asia Pacific and South America regions.•Provide Product Engineering and Purchasing with New Product Line costs to achieve Targeted Contribution margins for Vehicle and Powertrain Systems.•Provide Cost Estimates for current products to Global Automotive Vehicle Product Teams.•Work with Global Purchasing in negotiating Supplier Prices for products on Forward Model Vehicle Programs. Show less Manage a group of over 80 analysts and engineers worldwide involved in Cost Estimating $13B of New Automotive Products for North America, Europe, Asia Pacific and South America regions.•Provide Product Engineering and Purchasing with New Product Line costs to achieve Targeted Contribution margins for Vehicle and Powertrain Systems.•Provide Cost Estimates for current products to Global Automotive Vehicle Product Teams.•Work with Global Purchasing in negotiating Supplier Prices for products on Forward Model Vehicle Programs. Show less Manage a budget of over $2B to increase Sales of Ford and Lincoln vehicles in US markets.•Lead a team of finance and accounting professionals to report, budget and forecast Marketing spend.•Recognized for leadership, teamwork, collaborative approach and relationship building in delivering efficient and effective organizational changes including integration of Selling and Automotive & Sales Promotion finance teams.•Worked closely and collaboratively with operating team to identify operational fitness savings of $1.5B in Business Plan. Show less Manage staff of 75 Engineers/Analysts involved in Cost Estimating New Automotive Products in Mexico for North America, Europe and South America regions.•Provide Product Engineering and Purchasing with New Product Line costs for Vehicle and Powertrain Systems – assist with design changes and cost reductions.•Provide Cost Estimates for new products to Global Automotive Vehicle Product Teams.•Work with Global Purchasing in negotiating Supplier Prices for products on Forward Model Vehicle Programs. Show less •Lead team of 6 analysts to provide financial support to operating team (Product Development and Purchasing) to increase localization of imported automotive components and reduce costs for key vehicles in India•Manage staff of 120 Engineers/Analysts involved in Cost Estimating New Automotive Products in India, China, Australia and South Africa.•Open and Staff new Cost Estimating team based in Bangkok, Thailand.•Optimize and improve Cost Estimating footprint in Asia Pacific region to align with Ford and Supplier footprint in Asia Pacific region.•Provide Product Engineering and Purchasing with New Product Line costs for Vehicle and Powertrain Systems – assist with design changes and cost reductions.•Provide Cost Estimates for new products to Global Automotive Vehicle Product Teams.•Work with Global Purchasing in negotiating Supplier Prices for products on Forward Model Vehicle Programs. Show less •Manage staff of eight Engineers/Analysts involved in Cost Estimating New Powertrain & Chassis Products.•Provide Product Engineering and Purchasing with New Product Line costs for Powertrain & Chassis Systems – Transmissions, Axles, Driveshafts, All Wheel Drive Units and assist with design changes and cost reductions.•Provide Cost Estimates for new products to Global Automotive Vehicle Product Teams.•Work with Global Purchasing in negotiating Supplier Prices for products on Forward Model Vehicle Programs. Show less

  • Global Cost Estimating Manager - Propulsion, Thermal and Electrified Systems

    Jun 2024 - now

  • Global Cost Estimating Manager, ($13,000M Annual Purchases) Automotive Interior Systems

    Oct 2018 - Jul 2024

  • Financial Controller, US Selling and Automotive Sales & Promotion

    Jan 2018 - Sept 2018

  • Manager, Product Cost Estimating Finance

    Nov 2015 - Dec 2017

  • Finance Manager, Localization and Cost Estimating, Asia Pacific

    Jan 2013 - Oct 2015

  • SUPERVISOR, Product Cost Estimation, ($3,000M Annual Purchases) Product Development Finance

    Mar 2003 - Dec 2012