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SENEM TUFEKCIOGLU Ba, Economics Tepe Sokak • Sahrayicedid 34734, Istanbul • Tel. 90 216 3550899 • Mobile 90 541 3993567 • Email: [email protected] O BJECTIVE Finance Executive responsible for multi-country / multi-location operations in a reputable Company, effective in decision making process to meet Company’s objectives and work closely with Company’s Executives to carry the Company to higher levels by making sure that the Finance function operates with high standards P ROFILE Future oriented finance executive, decision maker, initiator of changes 20 years of experience, 3 of which in big four audit firms, rest in the managerial levels of small to medium size multinational companies in various sectors Experience in working in different countries, managing teams in different countries remotely, managing multi-cultural teams Managed multi-cultural team of 22 employees Experience in implementing ERP’s and leading the projects of building interfaces between two different ERP’s, sound understanding about widely used ERP’s, ability to manage ERP implementation and / or expansion of the current ERP usage in line with Company needs Strong understanding in taxation in different countries and OECD taxation model, successful in building tax efficient models for multi country business environment Successful in implementing policies and procedures in line with

Senem Tufekcioglu

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Page 1: Senem Tufekcioglu

SENEM TUFEKCIOGLUBa, Economics

Tepe Sokak • Sahrayicedid 34734, Istanbul • Tel. 90 216 3550899 • Mobile 90 541 3993567 •

Email: [email protected]

OBJECTIVE

Finance Executive responsible for multi-country / multi-location operations in a reputable Company, effective in decision making process to meet Company’s objectives and work

closely with Company’s Executives to carry the Company to higher levels by making sure that the Finance function operates with high standards

PROFILE

Future oriented finance executive, decision maker, initiator of changes 20 years of experience, 3 of which in big four audit firms, rest in the managerial levels of

small to medium size multinational companies in various sectors Experience in working in different countries, managing teams in different countries

remotely, managing multi-cultural teams Managed multi-cultural team of 22 employees Experience in implementing ERP’s and leading the projects of building interfaces between

two different ERP’s, sound understanding about widely used ERP’s, ability to manage ERP implementation and / or expansion of the current ERP usage in line with Company needs

Strong understanding in taxation in different countries and OECD taxation model, successful in building tax efficient models for multi country business environment

Successful in implementing policies and procedures in line with Company procedures, suggest improvements in Company procedures as per best practices, if needed

Successful in building effective teams by making sure that all team members are well trained especially through on the job training, managing the team with high utilization by building proper relocation plan for “commando team”

Successful in building planning methodologies, financial modeling, forecasting and accurate reporting

PROFESSIONAL DEVELOPMENT

Page 2: Senem Tufekcioglu

SENEM TUFEKCIOGLU

09/2008 – 10/2016 NSCC International Limited, UAE / Abu Dhabi (www.nsccme.com)Head Office in Abu Dhabi - UAE. Group has an annual turnover of $ 100 Mio. and 800 employees worldwide. NSCC is a contractor that specialized in foundation engineering, marine works, ground improvement works and horizontal directional drilling. NSCC currently operates in 10 countries being UAE, KSA, Iraq, Qatar, Bahrain, Oman, Kuwait, Egypt, Lebanon and Indonesia. Managed team of 22 employees.

Group Finance Manager based in Istanbul (09/2010 – 10/2016)Finance Manager based in Abu Dhabi (09/2008 – 09/2010)

Main Achievements

Successfully supported the Company during the expansion in Middle East through opening subsidiaries in nine countries within two years. Trained Finance team, Management team, Estimation and Procurement teams for taxation in different countries, made sure that Company complies with legal and taxation requirements in the countries in which the Company operates

Initiated the creation of Intercompany Utilities Module in Sage ACCPAC when Company decided to expand in the Region, prepared the specifications of such module, coordinated the engineering process of the module with consultants and implemented the module. This module increased the efficiency in accounting considerably while making sure that internal controls are in place in multi-country environment

Introduced “commando team” concept which allows company to use certain resources across different countries depending on the projects performed in each country at a certain period, achieved considerable cost saving through this model

Developed a practical model for preparation of Cost to Complete and Percentage of Completion that is crucial to have on monthly basis for construction companies. The model is in use by Operations, Commercial and Finance departments since 4 years and proved itself with the increased level of accuracy

Developed tax model to be used when Company decides to open a subsidiary in any Country, in order to decide the method of moving equipment based on taxation rules in sending and receiving countries as well as the Company’s future plans for the new subsidiary

Responsibilities

Monthly financial reporting, compliance with IFRS Annual budgeting and monthly forecasting Reporting and analysis on certain KPI’s such as profitability of

assets, procurement efficiency, projects cost control, financial ratios, efficiency ratios, AP-AR dashboards etc.

Internal control Daily bank transactions, funded and non-funded facilities, financial

covenants required by the banks, compliance to the bank agreements

Managing cash flow, supplier payments, follow up of receivables, arranging financial products

Coordinating statutory issues in UAE, Bahrain, Qatar, KSA, Lebanon, Egypt, Kuwait, Oman, Indonesia and Iraq

Coordinating financial requirements of possible acquisitions and joint ventures in countries like UK and Turkey

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SENEM TUFEKCIOGLU

Managing relationship with external auditors Consolidation of branches and Joint Ventures Tax planning of the Group, arranging transfer pricing policy and

documentation Coordinating insurance coverage through risk assessment and

insurance claims

10/2005 – 08/2008 Trane Air-conditioning, Turkey / Istanbul (www.trane.com)US Company acquired by Ingersol Rand in 2008. Trane sells energy efficient heating, air conditioning and ventilation systems and gives service and parts support for these products. Managed team of 5.

Regional Finance Controller EastMed (Turkey, Egypt, Lebanon, Israel), Istanbul (03/2008 – 08/2008)

Responsibilities

Supporting East Med TSO (Trane Sales Office) Leaders in evaluating, coaching and upgrading office controllers

Compliance and implementation of processes within the Region Improving performance of controllers in the Internal controls Analyzing financial statement of the sales offices, identifying

improvement programs Office budgets in the Region Compliance to GAAP and to company policy Statutory financial reporting in the Countries within the territory

Finance Controller Turkey, Istanbul (10/2005 – 02/2008)

Main Achievements

Implemented iScala Implemented Company policies and procedures that resulted with “excellent”

audit rating from Internal Audit Team within 1.5 years. Initial rating was “inefficient” with 23 points to be addressed from the same Audit Team. (Before joining the Company)

Responsibilities

Financial Reporting (Management and Statutory) Compliance to local regulations Compliance to US GAAP and the Company Policies Responsible for proper revenue recognition and cost matching.

Introduced job costing system, proper WIP accounting, proper stock controls and valuation

Internal control documentation – Forms, Procedures, authority levels in Finance and administration.

Credit administration, credit control policies and reporting

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SENEM TUFEKCIOGLU

Responsible for coordinating the Plan compilation, ensuring the budget controls, initiation of appropriate actions, exploring cost saving possibilities and initiating measures to achieve.

10/2004 – 09/2005 GAAT International, Turkey IstanbulSupply Chain Management Company operates in textiles industry with its headquarters in Istanbul.

International Finance Director

Responsible for accounting, finance, reporting, budgeting and auditing of the Group’s subsidiaries outside of Turkey (mainly in UK, Mexico, Netherlands)

Worked in the tax planning project which is the base for the setup of the Group’s structure abroad. This project includes exploration of the tax effective jurisdictions that the Company may invest.

Worked in the setup process of the Group’s structure abroad Implemented the preliminary processes in UK and Mexico Explored the tax-effective structure for investing in China Made necassary arrangements for day-to-day financial activities of

UK subsidiary Worked for the valuation of the company with consultants

07/2002 – 08/2004 British American Tobacco, Turkey IstanbulUS Company sells tobacco products, entered into Turkish market in 2002. Managed team of 5.

Financial Accounting Manager

Main Achievements

Implemented CS3 Implemented internal control policies and procedures ın a start-up

phase Implemented treasury and accounting procedures Structured financial accounting team in a start-up phase

Responsibilities

Internal control policies and procedures Compliance to UK GAAP, IFRS and Tax Laws Cash flow forecasting and cash flow management, managing

releationships with banks Tax management Local statutory reporting, UK GAAP reporting and IFRS reporting

07/1998 – 07/2002 Lowe Worldwide Turkey, IstanbulUS Advertising agency, operates in Turkey with approximately 100 employees. Managed team of 15 employees (7 direct, 8 indirect)

Finance Director

Page 5: Senem Tufekcioglu

SENEM TUFEKCIOGLU

Main Achievements

Played an important role during the merging process of the Company with another subsidiary of the Group, appointed as Finance Director of the “merged” Company after the finalization of merging process

Implemented Company policies and procedures in a setup organization as well as in a Company that transforms from being a local Company to a subsidiary of a multinational Group

Managed Company’s cash flow efficiently (without HQ’s support) during economical crisis of year 2000 in Turkey, through severe cost savings and arranging bank facilities in considerably favorable terms

Reorganized finance department after the merge process. Implemented Logo Gold interfaced to MedYapim/MedTrafik

Responsibilities

Responsible for the company’s all financial and administrative issues, including accounting, reporting, budgeting, treasury management, tax management and facilities

Internal control procedures, compliance of local procedures with Group procedures

Financial reporting Coordinated legal and financial issues of merge process Managing company’s legal issues; such as Ordinary General

Assembly Meeting and change of the company’s legal name

07/1996 – 06/1998 Arthur Andersen

Senior Tax Auditor

Coordinated tax audit of clients operating in different sectors, as a team leader

Worked in special projects such as tax planning and due diligence

08/1995 – 06/1996 Price Waterhouse

Assistant Tax Auditor

Worked in tax audit processes of clients as an assistant Made researches about tax issues

Page 6: Senem Tufekcioglu

SENEM TUFEKCIOGLU

EDUCATION

06/1995 Bogazici University, Department of Economics

06/1990 Izmir Maliye Meslek Lisesi, Vocational High School

MISCELLANEOUS

Memberships

• ISMMMO ( Istanbul Certified Public Accountants Insitute) – has Turkish CPA since 1998

LanguagesEnglish: business fluentTurkish: native language

Personal data born on 17.10.1973 in Kirklareli - Turkey, divorced, one daughter