Pathik Patel Email & Phone Number

Business Turnarounds accomplished:Hitachi Energy – PA, USA: Turned around 420 MUSD business unit from making annual loss of 20 MUSD to profit of 60 MUSD within 2 yearsHitachi Energy – MS, USA: Improved visibility of actual costs in HVIT production and updated “As Sold” costs to ensure better recovery of actual costs. This helped improve 12 MUSD of profit every yearHitachi Energy (ABB) – Qatar: Turned around Power Grid business from a loss making and unreliable unit to a highly profitable, stable and reliable unitHitachi Energy (ABB) – Dubai, UAE: Appreciated by the top management of India and Middle-East (IMA) Region including Region Head (Group EC Member), Region CFO, Country CFOs, Country Managers and Region Division Managers for improving financial processes in several countries in IMA regionSkills:• Lead Business Transformation across the value chain – FP&A, Engineering, Product Costing, Tendering, Sales & Marketing, Sourcing & Procurement, Assembly, Manufacturing and Supply Chain Management• Drove strategic initiatives and transformational projects aimed at improving operational efficiency, optimizing business processes, and ensuring long-term sustainability and growth of the organization• Designed and implemented change management and transformation plans that encompass communication strategies, training programs, and stakeholder engagement activities• Applying business acumen, accounting, finance and analytical skills to various situations (e.g., financial modeling, ratio analysis, inventory management models, revenue growth models, product costing models assessing business plans, customer experience, conducting operational and commercial due diligence, operational efficiency, business process optimization, etc.)• Identified potential risks related to resources and people including anticipated points of resistance and develop specific plans to mitigate or address the concerns• Optimized operating margins by creating transparency about profitability development and root causes, identifying and steering improvement measures like pricing, cost performance, customer portfolio management, differentiated resource allocation• Supervised junior team members, acts as a positive role model and be seen as motivating to others, gives clear direction to the team and execute projects; coaches and develops direct reports• Problem solving and root cause identification skills• Conflict resolution and negotiation skills• Forward thinker who can construct and communicate his or her vision