Mustafa Durgut

Experience

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  Yaşar Birleşik Pazarlama

  Jul 2007 - Oct 2014

  • Supervised daily financial operations, including cash flow management and transaction processing, ensured the effective and efficient utilization of available financial resources.• Managed collections and payments in alignment with the company’s working capital targets, improved net working capital through controlled financial strategies. • Prepared and reviewed financial reports for senior management, including daily, weekly, monthly, and annual cash flow statements, ensuring alignment with budget targets. • Led the annual budgeting process in accordance with strategic goals, ensuring compliance with accounting standards and optimal working capital utilization. • Managed credit operations, including negotiating with banks and financial institutions to secure cost-effective financing solutions and overseeing credit-related transactions. • Developed long-term financial strategic plans (5-10 years) to support sustainable growth and financial stability. Show less

  • Finance Team Leader

    Jan 2011 - Oct 2014

  • Finance Officer

    Jul 2007 - Jan 2011
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  Pinar Entegre Et ve Un San. A.S.

  Sept 2014 - Oct 2019

  • Led the Finance and Sales Accounting departments, managing a team of five professionals, oversaw customer receivables, invoicing, discount management, and overall credit risk assessment. • Supervised financial operations, including cash flow management, working capital optimization, and compliance with corporate financial policies. • Managed and controlled financial reporting, preparing detailed analyses for the Finance Director, ensured the effective execution of budgeting, forecasting, and strategic financial planning. • Negotiated financing solutions with banks and financial institutions to optimize funding strategies. • Strengthened internal financial controls and improved operational efficiency within financial processes. Show less • Led a team of three and reported directly to the Finance & Financial Affairs Director, managed financial resources in alignment with investment strategies, securing optimal funding sources. • Oversaw foreign trade operations, including export, import, and letter of credit transactions, conducted financial planning for investment feasibility studies, integrating budget, strategic planning, and financing requirements. • Negotiated investment loans with banks, prepared cash flow analyses for principal and interest payments, and ensured financial sustainability. ***Transitioned from Yaşar Birleşik Pazarlama to Pınar Entegre Et ve Un Sanayi within Yaşar Holding to gain experience in a manufacturing environment, expanding expertise in financial management within production companies. Show less

  • Finance Manager

    Jun 2016 - Oct 2019

  • Finance Team Leader

    Sept 2014 - Jun 2016
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  Yaşar Birleşik Pazarlama

  Oct 2019 - Aug 2024

  Accounting & Finance Director

  • Provided executive leadership, overseeing five critical functions: Budgeting, Accounting, Finance, Sales Accounting, and Internal Audit, managing a team of 80 professionals.• Collaborated directly with the CEO to develop and implement financial strategies aligned with business objectives.• Led profitability analysis, including product, discount, and sales performance evaluations to optimize financial performance.• Participated in Board of Directors meetings, providing financial insights and strategic recommendations.• Led senior management meetings, presenting key financial reports, budget performance, and cost-saving initiatives.• Directed accounting, budgeting, and financial reporting, ensuring accuracy, compliance, and alignment with corporate goals.• Oversaw internal audit operations, focusing on efficiency analysis and cost reduction initiatives to enhance business performance.***Improved efficiency by reducing headcount by 10%, enhancing team productivity and operational effectiveness.***Spearheaded the digitalization of finance and accounting processes, eliminating cash transactions and streamlining financial operations.***Implemented expense reduction initiatives, optimizing operational costs and enhancing financial sustainability. Show less

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  Viking Kağıt ve Selüloz A.Ş

  Aug 2024 - now

  Accounting & Finance Director

  • Leading Budgeting, Accounting, Finance, Sales Accounting, and Internal Audit, managing a 14-member team to ensure financial discipline and efficiency. • Driving cost reduction initiatives across production operations, ensuring profitability through lean manufacturing practices. • Overseeing and implementing efficiency-driven improvements in production and procurement, reducing waste and enhancing operational effectiveness. • Acting as the interim Head of Procurement, optimizing supplier negotiations and cost structures. • Developing and implementing financial strategies to support the company’s long-term sustainability goals, ensuring compliance with environmental regulations and industry best practices. • Analyzing and refining pricing models to drive profitability and market competitiveness. • Overseeing financial planning, risk management, and internal audits, ensuring compliance with corporate governance and regulatory standards. • Successfully implementing cost-cutting measures in production, leading to improved margins and operational efficiency. • Conducting detailed financial and cost analysis, identifying opportunities for efficiency improvements across all departments. • Leading initiatives to streamline pricing models and drive revenue growth through strategic financial planning. Show less