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Sadi Öztorun is a seasoned CPA with extensive experience in financial management, accounting, and reporting. He has worked with various companies, including Beta Transformer, Alapala Holding, Astranova Tarım Ticaret ve Sanayi A.Ş., Knauf Insulation, ESALBA METAL SANAYİ VE TİCARET A.Ş., and Toprak Holding A.Ş. He has expertise in financial planning, budgeting, cost accounting, and financial reporting, with a strong educational background in business and economics.

Experience

    • Financial Affairs Manager
      • Dec 2021 - Jul 2022

    • Controlling Budgeting Reporting Manager(Alapala Holding-All companies)
      • Jan 2020 - Dec 2021

    • Financial Affairs Manager
      • Feb 2018 - Dec 2019
      • Türkiye

      - Manage Accounting & Finance team, accounting & Finance operation, preparing Financial IFRS reports, budget and KPI reports according to company needs.

  • Atakey Patates Gıda San. Tic. A.Ş
    • Afyonkarahisar, Türkiye
    • Accounting and Finance Manager
      • Jan 2014 - Feb 2018
      • Afyonkarahisar, Türkiye

      I began working as project leader until recruitment process for all positions at the plant, which is the largest French Fries producer in Turkey, is completed. In support of the operations, I set up the ERP System in Netsis once operation mapping was developed. In my department, I managed a team of 9 people who work in the fields of accounting, agriculture accounting, finance, cost accounting and inventory control. All reports are created automatically using SQL, based on Netsis data. I set up the system according to legislative requirements as well as needs of management, agriculture business and incentives. The company is currently exporting to China and other Far East countries. Independent Auditors regarded the company's system as a highly professional, well-establishedDuties :- Establish the system in Netsis according to operational, administrative and legislative requirements of the company which operates both in agricultural field (seed & potatoes production at farms) and production area (French-fries and freezing).- Provide internally/externally sourced trainings to the users periodically for improvement of the system.- Manage and oversee the daily operations of the accounting team.- Check the contracts which have been made with the farmers.- Check and manage invoicing and documents for certification needs- Manage the accounts.- Analyze accounting data and produce financial reports.- Track monthly cash flow of the company.- Check monthly KPI values- Prepare budget - Check Opex and Capex Budgets of the plant to ensure that they remain within annual budget limits- Develop Cost Accounting and Plant Control policies- Prepare monthly reports (Ebitda, Operational and Financial Cash Flow, Inventory breakdown, NWC Balance Sheets, Unit costs and Bridges)- Check Export documents.- Follow up export and agriculture incentives.- Sign daily payment orders.- Prepare all tax statements (VAT, withholding and Corporate Income Taxes)

  • Knauf Insulation
    • Eskişehir, Türkiye
    • Senior Accountant
      • Aug 2011 - Dec 2013
      • Eskişehir, Türkiye

      I worked as Senior Accountant at this multinational company, which produces various types of insulation materials. My role was to set-up SAP system, and after receiving training in Czech Republic, I set-up the entire system with technical support from the IT department in Germany. Duties :- Establish the SAP system according to Turkish, IFRS and HGB accounting practices. - Develop invoicing, documentation, depreciation, FX Gain & Loss valuation, payroll systems- Monthly and annual account closures- Prepare Copex & Opex budgets- Prepare monthly reports (Ebitda, Expense and cost reports)- Fill out quarterly consolidation reports forms provided from Germany.- Provide temporary support in the field of entering customer orders into SAP- Provide temporary support in the field of entering logistic operations into SAP- Manage bank, customer & vendors reconciliations.- Support customer representatives by providing customer aging reports to enable due collection of amounts.- Prepare all tax statements (VAT, withholding and Corporate Income Taxes)- Coordinate and prepare budgets and reports.- Support IFRS auditing.

    • Cost Accounting&Budget Reporting Specialist
      • Jun 2008 - Aug 2011
      • Eskişehir, Türkiye

      I worked as Plant Controller and cost accounting, budget & reporting specialist at the company which produces steel components for Automotive, White Goods industries as an OEM manufacturer. Duties :- Assist IT officer in the installation and set up of Microsoft Dynamix Axapta in place of the existing system.- Check the data that contribute to cost accounting.- Prepare monthly KPI reports.- Prepare company budget.- Prepare corporate tax statements.- Analyze differences between estimated and realized budgets at the administrative meetings, identify variants and reduce costs- Collect, analyze and provide the General Management and Finance department with the required information- Organize and manage periodic Inventories, register results into the system, and check the data.- Collaborate with sales and marketing departments in calculation of sales prices according to costs, and notify other departments- Support IFRS auditing.

  • Kütahya Porselen
    • Kütahya, Türkiye
    • Accounting Specialist
      • Jan 2006 - Jun 2008
      • Kütahya, Türkiye

      I worked as self starter for the new plant of the biggest porcelain company of Turkey.Duties :- Set up the Oracle system for Kütahya Porselen’s new plant.- Manage bank and customers & vendor reconciliations.- Monthly and annual account closures.- Input invoices, documents, depreciation, currency FX Gain & Loss figures.- Prepare the budget.- Prepare corporate tax statement.

  • Toprak Holding A.Ş.
    • Eskişehir, Türkiye
    • Cost Accounting and Budget Specialist
      • Mar 2002 - Jan 2006
      • Eskişehir, Türkiye

      My first job experience in Finance/Accounting field was at Toprak Holding’s Energy Company, where I worked as cost accountant. Company is operating in the field of glass production, and I learned & practiced cost accounting and reporting at this company. After dismissal of accounting chief, I have also learned and practiced other financial and accounting issues.Duties :- Cost control, inventory.- Budget preparation.- Prepare monthly reports, and compare against the budget.- Annual account closing.- Assist accounting chief in accounting issues

Education

  • 1993 - 1998
    Çukurova Üniversitesi
    İşletme (İngilizce)
  • 1990 - 1991
    Doğu Akdeniz Üniversitesi
    Economics

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