Ilhan Ciftci, Ph.D.

Experience

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  Deloitte

  Sept 2005 - May 2009

  Experienced Senior

  * Audited financial statements and internal controls of business cycles in accordance to audit types such as IFRS, CMB (Capital Market Board), or BRSA (Banking Regulation and Supervision Agency)* High level review of financial statements of multinational companies in Turkey* Prepared adjusted financial statements and presented audit reports to the management* Led audit teams: Developed work plans and goals, managed the analysis of client control processes, proper presentation of financial statements, and operational analysis.* Developed financial statement templates for clients (for instance payroll calculation, trade receivable aging, Analytical Review of Sales and cost of sales figure etc.) Show less

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  Turk Telekom

  May 2009 - Jun 2012

  Internal Audit Supervisor

  * Participated both operational and financial audit programs as a team leader* Participated annual audit plan as a team member* Was responsible to coordinate audit team and preparation of audit reports* Analyzed financials of Türk Telekom and its subsidiaries and reported to audit department* Followed up independent audit report management issues* Followed up internal audit report issues action plans and communicated to the management.* Was responsible to adjust opening and closing meetings Show less

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  Netaş

  Jun 2012 - Jul 2013

  Financial Controller

  * Prepared the Company’s financial statements in accordance with IFRS and CMB regulations (monthly, quarterly and annual results) consolidated financials and made regular presentations of the results to the C-level.* Prepared the quarterly annual reports of subsidiaries and board packs.* Analyzed Turkish GAAP financials by performing monthly financial ratio analyses to ensure companies’ performance and liquidity position.* Controlled accounting policies and procedures and assisted accounting department to present financials in a proper manner* Worked directly with other departments to ensure that various processes are properly interacting with financial reporting at the month end closing periods.* Participated budget and planning process of one of the subsidiary. Show less

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  Kibar Holding

  Jul 2013 - Jun 2017

  Group Internal Audit Manager

  * Participated in risk-based audit plan for Kibar Holding and its group companies (21 subsidiaries),* Planned, managed, and executed audit procedures from beginning to the end,* Provided assurance and consultancy services to assist holding and group companies in meeting their objectives* Monitored whether the quality and continuous improvements are fostered in the organization’s control processes* Managed a team of controllers, coaching team members to achieve performance targets, providing continuous feedback* Organized training program to improve audit team needs and expectations Show less

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  Kibar Enerji

  Jun 2017 - Jul 2024

  Financial Affairs Director

  *Leading the company’s general financial planning processes, controlling and coordinating the business plans, budget, and forecasts.*Reviewing monthly and annual financial statements with IFRS and Turkish GAAP.*Managing cash flow and pursuing FX and price hedging opportunities where necessary.*Managing all tax issues and liabilities to the legal authorities.*Ensuring that effective internal controls are in place and effective in respect with the group manual and ethics and compliance behaviors.*Identifying and implementing any legislative changes that affect the company.*Managing relationships with all key stakeholders.*Managing and mentoring staff in the Finance Department. Show less

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  ZF Group

  Nov 2024 - now

  Head of Finance