Figen Karakurt, CMA

Expansion Business Analyst at Inter IKEA Systems B.V.
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Contact Information
us****@****om
(386) 825-5501
Location
Delft, South Holland, Netherlands, NL
Languages
  • English Full professional proficiency
  • German Elementary proficiency

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Credentials

  • Certified Management Accountant (CMA)
    Certified Management Accountant: CMA®
    Jul, 2019
    - Nov, 2024

Experience

  • Inter IKEA Systems B.V.
    • Netherlands
    • Investment Management
    • 100 - 200 Employee
    • Expansion Business Analyst
      • Feb 2021 - Present

      • Consolidation of sales tree and operational P&Ls of all CMPs in the world and reporting to supervisory board of Inter IKEA Systems B.V.. • Business performance analyst of expansion and business steering projects such as new customer meeting points, low cost expansion, cost to serve, market potential development and more. • Activity based costing project team member and developing a tool for all IKEA business steering and customer fulfilment professionals to steer omni-channel operation. • Responsible to analyse establishment cost data for several retailers for low cost expansion project. Outcomes are being shared with stakeholders and retailers to help them reach more as cheap as possible. Show less

  • IKEA
    • Netherlands
    • Retail
    • 700 & Above Employee
    • Country Budgeting and Reporting Manager
      • Oct 2017 - Feb 2021

      • Responsible for budgeting and reporting processes of IKEA Turkey organization (7 stores, 2 pickuppoints, e-commerce channel, Service Office and a Warehouse).• Led Qlik Sense implementation project in the organization. Decreased reporting time 30%.• Navigated board members with Ad-Hoc analysis and forecasting of financial statements. Forecastedthe figures very close to the realizations in a very challenging economic environment.• Contributed significantly to the final decisions of country management team by conducting financialfeasibility reports, P&L forecast scenarios, ROI reports, pricing simulations and all other analysisneeded. Show less

    • Finance and Operations Manager
      • Jun 2016 - Oct 2017

      • Held P&L responsibility, managed and applied cost saving strategies with departments.Accomplished $0.5M operating expense saving annually.• Initiated and led Check-out Productivity Project. Decreased waiting time from 10 min. to 6,4 min.and transaction time from 3,30 min. to 2,14 min. per customer. Also, decreased weekly workinghours from 528 to 483 by increasing part-time headcount in the cashier team.• Initiated and led Outsourced Cleaning Company Productivity Project to optimize the staff planning.Resulted with 4 head count saving and increased clean and tidy store perception which was measuredthrough store functional reviews.• Modeled inventory analysis for Logistics and Sales departments to secure fragile stock orders ofstore’s Top 1000 selling products. Increased stock availability from 93% to 98%.• Oversaw all operation and finance functions and managed 21 blue and white collar workers (VoiceScore 818, Leadership100% (n=8)). Show less

    • Business Controller
      • May 2014 - Jun 2016

      • Developed Key Performance Indicators and customized dashboards for store to increase costconsciousness, optimize operational margins and increase profit. Resulted in %10 cost saving.• Spearheaded a major restructuring effort in business process and reporting method of RecoveryDepartment. Reduced scrap costs by $40K annually.• Established a companywide new cost follow-up system to ease the intervention to deviations in profitand loss table. Decreased the allocated time for budget preparation from one month to one week.• Modeled product basis gross margin analysis to identify product base profit and loss table and toshow sales team how to reach budgeted figures. Increased profitability by 250K annually. Show less

    • Management Trainee for Finance
      • Nov 2013 - May 2014

      • Prepared Marketing Environment analysis including macro, micro and internal environment to detectprimary market area potentials. Steered the store management team toward potentials in PMA byincreasing marketing focus on potential provinces.• Involved in Recovery Department process by creating user friendly reports, controlling withunderstandable routines and aiming clear goals. Pioneered to form a new dedicated team by 10%increase in recovered products in 6 months.

  • Pfizer
    • United States
    • Pharmaceutical Manufacturing
    • 700 & Above Employee
    • Health Policy Department Assistant
      • Jun 2009 - Nov 2013

      • Informed the corporate division about changes of health care environment by following related governmental updates and sector news. Served crucial information faster and found more insider updates. • Conducted Ad-Hoc analysis such as; pricing analysis and research about healthcare systems of countries. • Developed fast and efficient solutions for preparing governmental documents. Decreased the preparation of governmental documents from 3 day to 1 day that fastened the application process and led to receive the results faster. Show less

Education

  • Orta Doğu Teknik Üniversitesi / Middle East Technical University
    Bachelor's, of Mathematics
    2004 - 2009
  • Hacettepe Üniversitesi
    Master of Business Administration (MBA)
    2011 - 2013
  • Bilkent University
    Master of Science (MSc), Finance
    2016 - 2018

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