Istanbul, Istanbul, Türkiye
Executive level financial professional with over twenty years of experience in developing financial strategies, formulating companies’ direction, implementing procedures and practices, developing control systems, with management of information technologies, human resources and purchasing in addition to finance and accounting functions.
Responsible for all financial and fiscal management aspects of the company as well as IT and legal compliance. • Established budgeting and management reporting process, monitoring KPI’s and company objectives. • Increased control in accounts receivables to bring larger securities from customers and decrease days standing out. • Secured low interest long term borrowing for investments. • Increased control on cost accounting and pricing system.
Responsible of administrative affairs, HR, IT, credit risk management, demand flow, logistics, finance, accounting and group reporting. • Increased control in accounts receivables that resulted in a 25% decrease of days standing out. • Restructured company loan structure to decrease effective interest cost.
Responsible for all financial and fiscal management aspects of the company operations, legal compliance, Information Technology, Human Relations and Purchasing. • Key member of the executive management team undertaking active role in strategic planning, review of operations and performance. • Organized and oversaw purchasing functions of the company resulting in decreased stock turn over days, increased supplier financing with improved terms in payments and increased alternative sources. • Restructured financial borrowings by obtaining long term debt for restructure of short term loans. Decreased total interest cost by 2% with longer maturity. • Supervised of all aspects of financial reporting meeting local tax requirements as well as Abraaj group reporting requirements in accordance with IFRS. Enhanced cost controls through management reporting. • Implemented IFS management information system through leadership of IT department. • Participated in collective agreement bargains.
Management of four departments; Accounting and Administrative Affairs, Financial Reporting and Planning, Human Relations, Information Technologies. Created the company’s business plan and presented it to potential investors. Establishment of effective performance measurement process through budgeting and management reporting.
Key Achievements are: Effective financial control on new product launches, including feasibility studies and active control on amendments in accordance with changes in market and cost conditions. Implementation of effective cost reduction schemes through supervision of ageing and ratio analysis, segment reporting, feasibility reports and cash flow projections. Acted as key project manager to implement SAP. Developed and implemented internal control procedures.