Ezel Burkay Zengin

• Finance business partner to all functions
• P&L management of 50M€ business in total; Cardiology and Oncology divisions
• Management of 9M€ SG&A expenses in P&L
• Responsible for budgeting revenue and expenses in all business units by using Jedox planning tool
• Monthly financial closing and actual vs budget variance analysis
• Monthly financial reporting and present P&L to management team by using Qlik Sense dashboards
• Quarterly financial reporting to Global HQ
• Financial leadership of Oncology Business Unit establishment with business case analysis including full P&L view; revenue and expense forecasting, FTE deployment, cost of goods sold and brand profitability analysis etc.
• Take part in business development cases (new products as well as existing portfolio) as finance leader
• Cross border support for Oncology Business Unit establishment in Greece
• CMO management in terms of product costing, financial forecasting and contract alignment
• Cash flow analysis
• Support IFRS reporting
• Support Tax analysis and reporting
• Prepare transfer price calculations
• Credit limit and AR management
• Support SOX/J-SOX reporting
• Support external audit
• Supporting Procurement team to mitigate financial and internal risks
• Support Market Access with product cost card calculations for price changes
• Use AI to digitalize data presentation and create meaningful insights
• Various ad-hoc financial analysis upon request
• Tender pricing and profitability analysis for Sales Operation team

Projects Participated as Finance Business Partner

• 4D Project; SAP S4HANA transition and WBS creation for SG&A budgeting and reporting
• Jedox HR project to support HR for new budgeting tool
• SAP Concur project; expense claim platform for employees
• One DS project as Turkey's Culture Ambassador
• CMO cost cutting project; still ongoing

Key Achievements

• More than %70 cut in Education and Consulting expenses
• Payment due date optimization for Vendors with a favorable effect to the company
• IFRS-16 Bot implementation
• Increase in financial know-how by engaging partners with training materials

• Provide financial business partnership to domestic sales division
• Support business to manage $70M annual revenue
• Responsible for yearly and long term (5 years) budget of Revenue and Commercial Expenses
• Ensure complete, accurate and timely monthly financial closing
• Analyze and report monthly sales variances
• Perform brand profitability analysis and report brand P&Ls.
• Preparing division based and consolidated country P&L
• Business case analysis for new product launches (pipeline)
• Support OPEX budgeting, monthly closing and variance analysis
• Support Accounts Receivable team on DSO analysis by monitoring customer inventory levels and credit sales
• Prepare monthly financial decks for the management team.
• Develop dashboards via BI tools (Power BI, Tableau etc.)
• Provide financial insights to business to use resources efficiently and help decision making on various strategies

Projects Participated as Finance Business Partner

• SAP Funds Management (FM) to track commercial expenses more effectively
• Caretta Project (sales order and inventory management software) to ensure sales accruals to be accurate

Key Achievements

• Implement more effective and structured OPEX (Open PO) / Sales (rebate and free of charge) accrual system and reduced workload by %50
• Provide more effective and accurate financial insights to commercial team via Power BI dashboards.

• Responsible for financial controlling and budgeting of $35M OPEX at manufacturing plant
• Ensure monthly closing with OPEX variances such as personnel cost, indirect expenses plant functions, depreciation etc.
• Analyze KPI to gauge financial and operational performance of the manufacturing plant
• Present OPEX dashboards by using Microsoft Power BI
• Support CAPEX reporting through WBS control

Projects Participated as Finance Business Partner

• SAP Funds Management (FM) to track operational expenses more effectively and Supply Relationship Management (SRM) to have more structured procurement operations
• SAP Work Breakdown Structure (WBS) implementation related to CAPEX
• Operational Excellence Project to create KPI dashboards to gauge performance of all functions at manufacturing plant

Key Achievements

• $1M worth of cost saving by more effective indirect material consuming
• Reduce OPEX reporting workload by %90 through SAP Funds Management (FM) project and cancelling offline excel reporting

• Manage $70M manufacturing cost at a manufacturing plant of 60M box production volume capacity
• Forecast cost of goods sold with standard costing approach; direct material, bill of materials and bill of receipt budgeting etc.
• Ensure monthly and yearly financial closing with actual vs budget variance reports such as purchase price, yield/substitution of materials, direct labor etc.
• Report quarterly inventory reserve (scrap)
• Responsible of product feasibility analysis for CMO (Contract Manufacturing Organization)

Projects Participated as Finance Business Partner:

• Standard costing project

Key Achievements

• Increase cost forecasting accuracy up to 95% and decrease monthly closing duration by 2 days through the implementation of standard costing system

• Manage $10M worth of investment portfolio of İnci Holding shareholders
• Identify suitable investment strategies based on client profile and risk tolerance
• Deliver business case analysis (NPV, IRR, profitability etc.) for investment opportunities upon client requests
• Run risk analysis for clients to provide secure investing environment
• Prepare monthly financial statements of subsidiaries owned by parent company shareholders
• Act as a consultant to clients for providing up-to-date knowledge of market and legislation.

• Responsible for financial auditing over 50 pharmaceutical warehouses throughout Turkey
• Form, implement and maintain internal audit policies and procedures
• Identify and mitigate all financial and business risks through internal controls
• Ensure complete, accurate and timely audit reports to Executive Board.
• Conduct fraud investigations based on findings and necessity