
Mehmet Mutlay

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About me
Chief Financial Officer | Driving Financial Growth & Operational Excellence in Multinational Organizations
Education

Koç University
2016 - 2017Master's degree Executive MBA
Bilkent University
1999 - 2004Bachelor's degree Economics
Experience

Arcelik Group
Jul 2006 - Jul 2013• Managed cost accounting for a large-scale washing machine production facility, overseeing labor, production, and overhead cost allocations.• Prepared and monitored budgets, forecasts, and management reports, supporting strategic and operational decision-making.• Conducted trend analyses, profitability evaluations, and pricing assessments to align with corporate financial objectives.• Collaborated with headquarters to harmonize cost accounting practices and reporting frameworks during the final years in the role.• Delivered comprehensive financial reports to the Accounting Manager, ensuring compliance with organizational and industry standards. Show less
System Development
Mar 2012 - Jul 2013Cost Accounting
Jul 2006 - Mar 2012

Defy Appliances
Jul 2013 - Jan 2015Finance Reporting and Integration Manager• Directed financial integration and reporting processes for Defy Appliances following its acquisition by Arçelik.• Implemented SAP systems and harmonized financial operations with Arçelik’s corporate standards, ensuring seamless integration.• Developed and executed a comprehensive financial reporting framework, enhancing transparency and decision-making.• Supported daily financial operations, including cash flow management and risk assessment, to maintain business continuity.• Reported directly to the Defy CFO and Arçelik A.Ş CFO, ensuring strategic alignment and operational efficiency. Show less

Arcelik Group
Jan 2015 - Sept 2019• Directed the financial management of a manufacturing facility specializing in washing machine production, ensuring alignment with corporate financial objectives.• Supervised a team of 10 accounting professionals, promoting continuous improvement in processes and team development.• Prepared and presented comprehensive financial statements and reports to the Executive Director, supporting data-driven decision-making.• Optimized accounting processes, strengthening compliance and enhancing operational efficiency.• Managed budgeting, forecasting, and internal controls, ensuring the accuracy of financial planning and performance analysis. Show less
Accounting Manager
Jun 2015 - Sept 2019Project Manager
Jan 2015 - Jun 2015

Arcelik-LG
Sept 2019 - nowChief Financial Officer• Providing strategic financial leadership for a 50-50 joint venture between Arçelik A.Ş and LG Electronics Inc., managing a dual-signature governance framework in collaboration with Korean counterparts to ensure robust decision-making.• Overseeing comprehensive financial operations, including financial planning, analysis, and risk management, to safeguard the company’s fiscal health and support long-term growth.• Leading a multidisciplinary team of 12 professionals across Legal, Budgeting, Accounting, and Finance functions, fostering operational excellence and a high-performance culture.• Driving the development and execution of corporate financial strategies, including cost optimization, capital allocation, and investment planning.• Partnering with the CEO to deliver actionable insights that enhance business performance, improve operational efficiency, and drive profitability.• Ensuring the accuracy and integrity of financial reporting and compliance with global financial standards and corporate policies.• Managing key stakeholder relationships, including banks, investors, and external auditors, to maintain strong financial credibility and secure funding opportunities.• Overseeing contract management and governance processes, ensuring adherence to legal standards and safeguarding joint venture agreements. Show less
Licenses & Certifications

Koç Holding Leadership Program
ARÇELİK-LGJan 2021
Agile Transformation Program
Harvard Business SchoolJan 2021
Global Managers
Arçelik TürkiyeJan 2012
Executive Leadership Programme
University of OxfordJan 2020
Languages
- enEnglish
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