
Erhan Kemal Eray
Officer

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About me
Country Director
Education

Bogazici University
1989 - 1995BA Economics
Experience

Pamukbank
Jan 1990 - Jan 1995OfficerFull-time job during university years in a private bank credit card operations center

KPMG Türkiye
Jan 1995 - Jan 2001Senior AuditorAudit, due diligence, initial public offering, consolidation, merger and acquisition experience. Application of IFRS, US-GAAP, Capital Market Board (SPK) Standards in various sectors including banking, leasing, factoring, investment, construction, energy, manufacturing, fast moving consumer goods, communication, chemistry, pharmaceuticals and medical devices.

DHL Danzas Air & Ocean Freight
Jan 2002 - Jan 2005Controlling ManagerResponsibilities: Reporting to Regional Controller-Vice President. Responsible for controlling, budgeting, reporting, treasury, credit management, bank relations, cash flows, forward contracts, loan management, international reconciliations. Project manager for Soft Trans and Soft Finance software, SAP – SEM Strategic Enterprise Management Reporting Module implementation projects.Achievements:•Completed acquisition process in 9 months including ERP integrated enterprise resource planning software implementation which is used in both operations and finance•Transformed a local accounting department to a finance department with international reporting capabilities with the same staff even by reducing headcount 45% (20 to 11) in a year period•Implemented SAP- Strategic Enterprise Management Reporting Module in a determined time and favorable budget by without a local consultant•Monthly reconciliation with more than 150 international agents both intercompany and non-group agents in a desired quality Show less
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Covidien (Medtronic Minimally Invasive Therapies Group) TIBSET
Jan 2008 - Dec 2011Medical device and pharmaceutical companyResponsibilities:Reporting to Area Vice President and Global Business Unit Controller. Responsible for controlling, budgeting, reporting, treasury, credit management, taxation, information systems, industrial relations, company representative in National Health Databank. Execution of restructuring plan including plant closure and merger processes. Managed directly 7 people including a manager.Achievements: •Achieved $500 K Opex savings in three consecutive years between 2005 and 2008•Transfer pricing process initiated to create favorable cash flow, approximately $2 million yearly, in the first year at the company•Restructuring plan and manufacturing plant closure realized without any problem•Merge process completed as in line with budgeted deadline•SOX Test Manager for Corporate Entities in Switzerland, Luxembourg and UK in 2007, 2008 and 2010 respectively Show less Responsibilities: Reporting to Corporate Internal Controls and SSC Director. Being a member of management team, setting up finance shared service centre in EMEA as a pilot shared service project in the Company, creating and documenting Standard Operating Processes - Service Level Agreements - Key Performance Indicators, reviewing and improving process flows, implementing adequate controls into the processes and creating business partnership. Hiring the team and train them in line with the company requirements. Reviewing inbound country processes to determine fit and reporting back to the project organization in order to achieve minimum disruption. Guiding the line manager in new process development.Achievements:•As a member of management team, set up a finance shared service center from scratch with other 5 expat managers•Hired 4 people from different nations to Compliance Department, it was 8 in the project plan •Smooth migrations of 27 entities from 21 countries in 18 months•By holding the responsibility along with the operations and projects director for ensuring that the audits were managed openly and proactively to ensure audit success, passed both internal and external audits without any major issue in two consecutive years even the migrations were going on and the environment was not stabilized•The successful set up led to open Company’s second shared service center in North America Show less
Finance Director
Jan 2005 - Dec 2011EMEA Shared Service Center Compliance Manager
Jan 2008 - Jan 2010

Abbott
Apr 2013 - May 2014Finance Director - Controller for Medical Diagnostics, Diabetes Care, Molecular DivisionsResponsibilities: Reporting to Division Regional Finance Director. Together with divisions country managers responsible for all commercial activities, credit management, tender pricing, contract management, logistics, operations, warehouse management, controlling, budgeting, reporting for Turkey, Azerbaijan, North Cyprus and Georgia. Managed directly 12 people including 2 managers.Achievements:•Successful transition to new warehouse facility by implementing a project plan without stopping operations exceeding $100 million•Stabilized Days Sales Outstanding level by increasing overall collections and broke the record twice the maximum monthly collections in first year•Nominated as mentor within 6 months Show less

Exeltis
Dec 2014 - May 2017Finance DirectorExeltis, Chemo Group acquisition of Embil - 90 years old pharmaceutical company will its affiliate in Philippines and two manufacturing plants; another change management experience in commercial, marketing, export, import and manufacturing environment

Smith+Nephew
Feb 2018 - nowCountry Director
Dec 2021 - nowFinance Director
Feb 2018 - Dec 2021
Licenses & Certifications

Certified Public Accountant
Chamber of Certified Public Accountants, Istanbul
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