Summary
Overview
Work History
Education
Skills
Software
Certification
Timeline
Generic
SERKAN ORAL

SERKAN ORAL

CHIEF FINANCIAL OFFICER
Istanbul

Summary

Proficient Chief Financial Officer knowledgeable about financial leadership and operational needs. Resourceful and tech-savvy decision-maker with a deep understanding of market conditions. Dedicated Chief Financial Officer familiar with financial decision making and company-wide policy development. Talent for overcoming operational issues and driving proactive improvements. Offering 22 years' experience in financial leadership.

Overview

22
22
years of professional experience
1
1
Certification
2
2
Languages

Work History

Group Chief Financial Officer

SİMİT SARAYI
11.2023 - Current
  • Enhanced profitability with cost reduction initiatives, such as renegotiation of supplier contracts and process improvements.
  • Fostered a culture of continuous improvement within the finance team, encouraging professional development opportunities for staff members.
  • Provided insightful financial analysis for mergers and acquisitions, resulting in successful transactions that added value to the organization''s portfolio.
  • Negotiated favorable credit terms with banks for increased borrowing capacity and reduced interest expenses.
  • Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
  • Developed strategic financial plans to support company growth and achieve long-term objectives.
  • Established strong relationships with external stakeholders, including investors, analysts, and regulatory agencies to promote transparency and build trust in the organization''s financial management.
  • Implemented tax planning strategies that minimized liabilities while ensuring full compliance with local, state, and federal laws.
  • Spearheaded due diligence efforts for potential partnerships or joint ventures, securing mutually beneficial arrangements that supported company growth objectives.
  • Increased cash flow by optimizing working capital management and reducing outstanding receivables.
  • Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
  • Analyzed operational issues and implemented corrective action to maximize profits.
  • Completed in-depth analyses of risks to control company profile, enhance systems, and track legal concerns.
  • Championed effective communication between finance personnel and other departments to facilitate cross-functional collaboration on projects and initiatives.
  • Collaborated with executive leadership to establish budgetary guidelines and allocate resources efficiently across the organization.
  • Managed risk effectively through comprehensive insurance coverage review and implementation of robust internal controls.
  • Oversaw the successful completion of external audits, addressing any recommendations promptly to ensure smooth operations.
  • Led treasury management efforts by optimizing cash investments while mitigating exposure to foreign exchange fluctuations.
  • Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
  • Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
  • Directed technological improvements, reducing waste and business bottlenecks.

Finance Director

TVF İFM GAYRİMENKUL VE YATIRIM A.Ş.
09.2019 - 09.2023
  • Managed company cash flow by monitoring daily transactions and optimizing working capital.
  • Developed robust financial models to support strategic decision-making and improve profitability.
  • Established strong relationships with banking partners to facilitate access to essential funding channels.
  • Supported business expansion plans with careful evaluation of potential acquisitions and investments for maximum ROI.
  • Led successful negotiations on financing terms, resulting in lower interest rates and improved cash flow for the organization.
  • Reduced financial risk with comprehensive credit management strategies, strengthening the company''s financial position.
  • Reduced process discrepancies through measured implementation of performance reporting and data systems.

Finance Director

Ukrtower LLC ( Turkcell Group Subsidiary)
08.2010 - 06.2019
  • Managed company cash flow by monitoring daily transactions and optimizing working capital.
  • Developed robust financial models to support strategic decision-making and improve profitability.
  • Established strong relationships with banking partners to facilitate access to essential funding channels.
  • Supported business expansion plans with careful evaluation of potential acquisitions and investments for maximum ROI.
  • Led successful negotiations on financing terms, resulting in lower interest rates and improved cash flow for the organization.
  • Streamlined financial processes by implementing efficient budgeting and forecasting systems.
  • Facilitated process improvements by automating manual tasks, increasing efficiency within the finance function.
  • Conducted comprehensive due diligence for mergers and acquisitions, mitigating risks associated with organizational growth.
  • Optimized resource allocation by identifying cost-saving opportunities through detailed expense analysis.
  • Contributed to long-term planning discussions by providing insightful analysis on industry trends and competitor performance.
  • Oversaw the successful integration of acquired businesses, ensuring seamless financial consolidation and alignment with overall corporate strategy.
  • Successfully managed multiple audits, ensuring accurate financial information was presented to external parties without discrepancies or delays.
  • Mentored junior finance team members, fostering a culture of continuous learning and professional development within the department.
  • Improved financial performance through thorough analysis of company expenditures and revenues.
  • Collaborated with cross-functional teams to develop revenue-generating initiatives, driving growth in key market segments.
  • Reduced financial risk with comprehensive credit management strategies, strengthening the company''s financial position.
  • Enhanced stakeholder communication by producing clear, concise, and timely financial reports that supported informed decisionmaking.
  • Spearheaded the implementation of new accounting software solutions, improving data accuracy and streamlining operations across departments.
  • Implemented internal controls for enhanced compliance with regulatory requirements and reduced errors in reporting.
  • Managed day-to-day operations within [Number]-person finance department for [Type] organization.
  • Generated financial and operational reports to assist management with business strategy.
  • Drove profit increases through market research and strategic asset management to meet dynamic industry conditions.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Set clear departmental objectives and developed effective strategies to achieve targeted goals.
  • Introduced software tools and process improvements to mitigate loss and drive operational growth.
  • Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
  • Conducted financial due diligence on potential investments and acquisitions.
  • Collaborated with C-level executives and stakeholders to develop long-term financial plans.
  • Created financial dashboards to provide insights into key performance indicators.
  • Created and managed financial models to evaluate corporate investments and acquisitions.
  • Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
  • Established internal audit procedures to validate and improve accuracy of financial reporting.

Senior Financial Controller

Turkcell Superonline
11.2006 - 07.2010
  • Managed a team of finance professionals, providing guidance and mentorship to support their professional growth.
  • Assisted in divestiture activities through careful preparation of relevant documentation and coordination with various parties involved.
  • Reduced budget variances by implementing effective forecasting models and monitoring actual performance against projections.
  • Streamlined month-end closing procedures which resulted in reduced timeframes for financial reporting.
  • Enhanced financial decision-making for executive management through comprehensive analysis and presentation of complex financial data.
  • Developed robust financial models that supported key decision-making processes at the highest level of management.
  • Improved financial accuracy by streamlining and automating reporting processes.
  • Provided timely and accurate financial information to stakeholders through regular reports, presentations, and meetings.
  • Established positive relationships with external auditors, facilitating efficient annual audit processes.
  • Increased efficiency in the finance department by identifying opportunities for process improvement, implementing new systems, and developing strong internal controls.
  • Created and distributed reports on internal and external finances, audits, and budgets.

Auditor

Moore Stephens
08.2002 - 10.2006
  • Mentored junior auditors, sharing knowledge and best practices to foster their professional growth within the team.
  • Enhanced financial accuracy by conducting thorough audits and identifying discrepancies in financial statements.
  • Streamlined audit processes, improving efficiency and reducing time spent on each audit engagement.
  • Developed strong relationships with clients, building trust and ensuring a high level of satisfaction during the audit process.
  • Ensured compliance with regulatory requirements by performing regular audits and staying up-to-date on industry standards.
  • Contributed to the development of new auditing techniques, staying ahead in a rapidly evolving financial landscape.
  • Performed observations and evaluated supporting documents to supplement audit findings.
  • Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
  • Obtained and interpreted relevant and authoritative criteria for program or issues under audit.
  • Planned and executed follow-up audits at appropriate intervals.
  • Executed audit phases and entered data into accounting software for analysis.

Education

Master of Science - Economics

Galatasaray Üniversitesi
Istanbul, Turkey
04.2001 -

Bachelor of Science - Economics

Uludağ Üniversitesi
Bursa, Turkey
04.2001 -

High School Diploma -

Özel Isık Lisesi
Istanbul, Turkey
04.2001 -

Skills

Documentation requirements

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Software

SAP,ORACLE,HYPERION

Certification

CPA

Timeline

Group Chief Financial Officer

SİMİT SARAYI
11.2023 - Current

Finance Director

TVF İFM GAYRİMENKUL VE YATIRIM A.Ş.
09.2019 - 09.2023

Finance Director

Ukrtower LLC ( Turkcell Group Subsidiary)
08.2010 - 06.2019

Senior Financial Controller

Turkcell Superonline
11.2006 - 07.2010

Auditor

Moore Stephens
08.2002 - 10.2006

Master of Science - Economics

Galatasaray Üniversitesi
04.2001 -

Bachelor of Science - Economics

Uludağ Üniversitesi
04.2001 -

High School Diploma -

Özel Isık Lisesi
04.2001 -

CPA

SERKAN ORALCHIEF FINANCIAL OFFICER