Sevgi Yilmaz
Finance Director
Istanbul
Summary
Dynamic Finance & Accounting Manager with a proven track record at Mitsubishi Electric, adept in cash flow management and tax compliance. Spearheaded cost reduction initiatives, enhancing financial reporting accuracy and streamlining processes. A collaborative leader, skilled in mentoring teams to achieve operational excellence and drive strategic financial decisions.
Overview
28
28
years of professional experience
1
1
Certification
4
4
Languages
Work History
Finance & Accounting Manager
Mitsubishi Electric, AG MELCO Elevator Co.LLC.
11.2024 - Current
- Assessed risks and opportunities, implementing strategies to mitigate potential losses and maximize gains.
- Spearheaded annual audit process, liaising with external auditors to ensure smooth completion of requirements within deadlines.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- SAP implementation process.
- Enhanced departmental efficiency by developing standardized policies, procedures, and templates for routine tasks such as invoice processing or expense tracking.
- Implemented internal controls to reduce errors and fraud while maintaining regulatory compliance.
- Drove cost reduction initiatives by identifying inefficiencies in existing processes and suggesting improvements based on best practices.
- Streamlined financial processes by implementing automated systems and reducing manual tasks.
- Managed cash flow effectively by optimizing working capital management practices and forecasting future needs accurately.
- Generated monthly and quarterly financial statements for executive review.
- Collaborated with other departments to achieve accurate and prompt financial reporting.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Monitored budget allocation and expenditures to enforce compliance with company policies.
- Managed banking reconciliations and monthly balance sheet statements.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Mentored junior staff members, fostering a supportive work environment that encouraged professional growth.
- Oversaw the month-end closing process, ensuring timely and accurate financial statement preparation.
- Collaborated with cross-functional teams to develop integrated solutions for complex business challenges.
- Ensured company tax compliance by staying up-to-date on legislative changes affecting the industry.
- Manage preparation of annual statutory accounts, yearend
closing and various statutory tax requirements, CIT, VAT calculation. - Manage the year-end Financials according to Turkish GAAP as well as IFRS for consolidation purposes.
Finance & Accounting Manager
Advantech Turkey Teknoloji A.Ş.
07.2022 - 10.2024
- Oversaw all company accounts and daily finance transactions, ensuring meticulous record-keeping
- Managed cash flow effectively by optimizing working capital management practices and forecasting future needs accurately.
- Coordinated the preparation of annual statutory accounts and year-end closings while ensuring compliance with corporate tax (CIT) and value added tax (VAT) obligations.
- Monitored budget allocation and expenditures to enforce compliance with company policies.
- Collaborated with other departments to achieve accurate and prompt financial reporting.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Collaborated with cross-functional teams to develop integrated solutions for complex business challenges.
- Ensured company tax compliance by staying up-to-date on legislative changes affecting the industry.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Complied with established internal controls and policies.
- Managed budgeting process for multiple departments, resulting in more efficient resource allocation.
- Managed journal entries, collection efforts, reconciliations, and payroll processing.
Director of Finance and Accounting
Logicom Bilgi Teknologileri Dağıtım Ltd. Şti.
07.2017 - 07.2022
- Oversee all company accounts and finance and HR departments;
- Create monthly and annual reports to identify results, trends, and financial forecasts;
- Developed strategic plans for day-to-day financial operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Collaborated with cross-functional teams to develop integrated solutions for complex business challenges.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Managed journal entries, collection efforts, reconciliations, and payroll processing.
- Managed budgeting process for multiple departments, resulting in more efficient resource allocation.
- Complied with established internal controls and policies.
- Ensured company tax compliance by staying up-to-date on legislative changes affecting the industry.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Implemented internal controls to reduce errors and fraud while maintaining regulatory compliance.
- Motivate and lead finance team members by clarifying roles and providing helpful feedback;
- Analyzed business processes to identify cost savings and operational efficiencies.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Spearheaded annual audit process, liaising with external auditors to ensure smooth completion of requirements within deadlines.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Enhanced departmental efficiency by developing standardized policies, procedures, and templates for routine tasks such as invoice processing or expense tracking.
- Drove cost reduction initiatives by identifying inefficiencies in existing processes and suggesting improvements based on best practices.
- Negotiated favorable contract terms with vendors, leading to cost savings throughout the organization.
- Maintained high levels of confidentiality when dealing with sensitive financial information, ensuring data privacy and security.
Operations Manager
IPFS Insurance and Reinsurance Brokers Inc.
06.2014 - 06.2017
- Led successful change initiatives, ensuring seamless transitions during organizational restructuring efforts.
- Developed and maintained relationships with external vendors and suppliers.
- Reported issues to higher management with great detail.
- Implemented business strategies, increasing revenue, and effectively targeting new markets.
- Reduced operational risks while organizing data to forecast performance trends.
- Reduced financial inconsistencies while assessing and verifying billing invoices and expense reports.
Accounting and Audit Supervisor
SMM DENETİM SERBEST MUHASEBECİLİK MALİ MÜŞAVİRLİK
07.2013 - 05.2014
- Enhanced financial accuracy by implementing comprehensive audit procedures and risk assessments.
- Leveraged advanced accounting software tools to optimize data tracking systems and generate accurate reports efficiently.
- Identified opportunities for cost savings by conducting thorough expense reviews, contributing to better budget management.
- Conducted in-depth analysis of financial statements to identify areas needing improvement, ultimately enhancing the organization''s fiscal health.
- Streamlined accounting processes for increased efficiency and reduced errors, resulting in improved financial reporting.
- Ensured tax compliance across all filing requirements by maintaining organized records and submitting documents on time without fail.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Found tax solutions to complicated tax issues or errors from incorrect tax filings.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
Internal Auditor
Dubai Holding
11.2007 - 06.2012
- Produced audit reports.
- Documented recommendations to improve internal controls.
- Identified and reported audit issues.
- Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.
- Investigated discrepancies discovered during auditing process.
- Provided valuable insights to management by presenting clear and concise audit findings, contributing to informed decision-making processes.
- Supported management in developing action plans to address identified issues, promoting timely resolution of audit findings.
- Assisted in the preparation of audit reports that clearly communicated findings and recommendations to key stakeholders.
- Evaluated compliance with regulatory requirements, mitigating potential risks and protecting organizational reputation.
- Evaluated company's policies to determine how well standards adhered to best practices.
- Assisted in the development of company policies and procedures, promoting a strong internal control environment.
- Enhanced internal control systems by conducting thorough risk assessments and implementing effective audit recommendations.
- Prepared and distributed risk and audit reports to appropriate personnel.
- Explained risk and compliance concepts to managers and executives.
- Reviewed financial statements for adherence to International Financial Reporting Standards (IFRS) and corporate regulations.
- Streamlined audit processes, implementing new software tools to increase efficiency and accuracy.
- Supported strategic decision-making by providing senior management with actionable insights from audit findings.
- Mitigated potential financial losses, closely monitoring and auditing high-risk areas of business.
- Enhanced financial reporting accuracy, performing detailed financial statement analyses and reconciliations.
- Strengthened internal control systems by conducting comprehensive risk assessments and audits.
Auditor
PricewaterhouseCoopers
05.2006 - 02.2007
- Analyzed data and findings to prepare reports detailing financial information.
- Maintained confidentiality, handling sensitive information discreetly throughout all stages of the audit process.
- Performed observations and evaluated supporting documents to supplement audit findings.
- Provided detailed documentation on audit findings, facilitating swift corrective action when necessary.
- Planned and executed follow-up audits at appropriate intervals.
- Coordinated, managed and implemented auditing projects and prepared for evaluation.
- Developed strong relationships with clients, building trust and ensuring a high level of satisfaction during the audit process.
- Increased internal control effectiveness through diligent evaluation of processes and providing recommendations for improvement.
Senior Accountant
Helwan for Hotels Construction Co.
04.2003 - 04.2006
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
Senior Accountant
Nemr Emirates Contracting Co.
08.2001 - 02.2003
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Prepared detailed financial statements for quarterly board meetings, providing clear insights into financial health.
- Reduced month-end closing time, meticulously organizing and reviewing ledger entries for consistency.
- Prepared working papers, reports and supporting documentation for audit findings.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Prepare the payroll for staff and labor monitoring the working hours.
Accountant F&B Cost Controller
Movenpick Cairo Airport
11.1997 - 12.2000
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Stock count and control
Education
Bachelor of Arts - Commerce
Ain Shams Univercity
Cairo Eygpt 04.2001 -
Master of Arts - Certified of Internal Auditor
Institute of Internal Audit
Dubai UAE 04.2001 -
Skills
Bank reconciliation
Accomplishments
- Supervised team of 7 staff members.
- Used Microsoft Excel to develop inventory tracking spreadsheets.
- Collaborated with IT team and ERP developer for SAP implementation.
Certification
Certified Internal Auditor
Timeline
Finance & Accounting Manager
Mitsubishi Electric, AG MELCO Elevator Co.LLC.
11.2024 - Current
Finance & Accounting Manager
Advantech Turkey Teknoloji A.Ş.
07.2022 - 10.2024
Director of Finance and Accounting
Logicom Bilgi Teknologileri Dağıtım Ltd. Şti.
07.2017 - 07.2022
Operations Manager
IPFS Insurance and Reinsurance Brokers Inc.
06.2014 - 06.2017
Accounting and Audit Supervisor
SMM DENETİM SERBEST MUHASEBECİLİK MALİ MÜŞAVİRLİK
07.2013 - 05.2014
Internal Auditor
Dubai Holding
11.2007 - 06.2012
Auditor
PricewaterhouseCoopers
05.2006 - 02.2007
Senior Accountant
Helwan for Hotels Construction Co.
04.2003 - 04.2006
Senior Accountant
Nemr Emirates Contracting Co.
08.2001 - 02.2003
Bachelor of Arts - Commerce
Ain Shams Univercity
04.2001 -
Master of Arts - Certified of Internal Auditor
Institute of Internal Audit
04.2001 -
Accountant F&B Cost Controller
Movenpick Cairo Airport
11.1997 - 12.2000