Gkhan Savas Tolu

PERSONAL INFORMATION
Date of birth: 06/08/1977

Tel: 0533 581 43 97 - 0536 698

42 74

Nationality: Turkish

E-mail: gokhantolu@hotmail.com

Marital Status: Married with one child

Driving Licence: B

EXPERIENCE
Finance Director at

Double Tree by Hilton

Finance Director at Ik Plastic Co.

Finance Director at Pia Acrilic Co.
Finance Director at various other companies including ntaya
Construction
December 2015- Present
-Forecast cash flow positions, related borrowing needs, and available funds for
investment
-Ensure that sufficient funds are available to meet ongoing operational and
capital investment requirements
-Use hedging to mitigate financial risks related to the interest rates on the
company's borrowings, as well as on its foreign exchange positions
-Maintain banking relationships
-Assist in determining the company's proper capital structure
-Arrange for equity and debt financing
-Invest funds
-Recommend appropriate dividend issuances, based on historical dividend
patterns and expected cash flow
-Manage the preparation of the company's budget
-Assist management in the formulation of its overall strategic direction
-Engage in ongoing cost reduction analyses in all areas of the company
-Review the performance of competitors and report on key issues to management
-Engage in benchmarking studies to establish areas of potential operational
improvement
1

-Interpret the company's financial results to management and recommend

improvement activities
-Review company bottlenecks and recommend changes to improve the overall
level of company throughput
-Participate in target costing activities to create products that meeting
predetermined price goals
-Assist in the determination of product pricing in relation to features offered and
competitor pricing
-Compile key business metrics and report on them to management
-Manage the capital budgeting process, based on constraint analysis and
discounted cash flow analysis
-Create additional analyses and reports as requested by management

Central Asia Finance Director at

International, Kazakhstan

Hamle Company, Ulker

November 2013 - December 2015

- Oversee all finance and accounting functions,
- Lead the preparation process of the 5 Year Strategic Plan of the Company
- Responsible of the preparation of budgets, monthly Management Reporting
Decks, Monthly Talk Sheets, Quarterly Business Reviews, Monthly Business
Reviews, Factory KPI Sheets, Regional Entity Reviews, the monthly and annual
cash flow projections
- Provide financial analysis and input to the firms strategic planning, including
pay back analysis, IRR and NPV calculations for CAPEX projects and investments
- Dealing with the legal affairs of the Company, securitization of receivables via
mortgages and L/G's,
- Taking part in projects regarding Go-To-Market models (distributor vs. DSD)
- Carrying out profitability analysis by country, by channel, by brand, by SKU and
reporting
- Successfully implemented a Standart Cost Accounting system and conducting
variance analysis
- Accrual system implementation, timely reporting to HQ in Istanbul
-Credit control system establishment, establishment of financial control
department
2

-Assisting the SKU Optimization Project with financial data

- Evaluate finance team structure and plan for continual improvement of the
efficiency of the team

Investor Relations Manager at

ULKER

Bizim Toptan Satis Magazalari -

December 2010 - November 2013

-Develop, maintain and improve relations between the organization and its
shareholders, including financial analysts and institutional investors to achive the
fair value of the companys stock.
-Monitor and assess changes and trends in ownership of the companys stock.
-Establish, align and guide investor relation policies and procedures.
-Shape the perception and awareness of the company in the investment
community. (In 2012 more than 500 meetings were conducted with investors and
analysts in world's financial centers)

Project Manager (Retail Group) at

Ulker

April 2010 - December 2010

Project Manager directly reporting to the Retail Group Presidency

Internal Auditor at

Ulker

October 2008 - April 2010

-Carried out internal audit activity on all areas of risk (financial/operational and
others)
-Conducted compliance audits, audits covering areas of risk, efficiency and
profitability audits and prepared audit, operational audits, rantability analysis,
material balance analysis
-Took part in the preparation of consolidated financial tables according to Capital
Markets Board of Turkey regulations and gave support to independent audit.

Financial & Administrative Affairs Manager at

Company - lker Group

Kiev Biscuit

June 2007 - October 2008

-Provide financial & managerial reporting using 1C (Adines) program,
maintenance and management of financial data, Prepare Financial Statements,
Profit & Loss statements, budget and forecasts,
-Provide risk assesment and analysis for the company, report to the upper
management,
3

-Supervise and manage Cash Flow Management, safeguard the company's cash,
maximize return on ready cash and adequately plan for cash needs, relations
with banks, Petty Cash,
-Establish and maintain good relations with relevant government entities
-Comply with tax laws, while using effective tax planning to minimize the
Company's tax burden,
-Conducting Product Profitability Analysis, assessing the profitabilityof company's
products and product categories using Standard Costing System,
-Supervise and coordinate warehouse operations and procurement operations,
management of staff

Project Manager at the CEO Office of Yildiz Holding at

Ulker

October 2006 - June 2007 Asistant to the Executive Board

-Conducted audit engagements and prepared reports on efficiency, profitability,
sales and cost analysis, compliance etc., answers to questions submitted by
Group companies on fiscal issues,

Internal Auditor at

Ulker

September 2005 - October 2006

-Conducted compliance audits, audits covering areas of risk, efficiency and
profitability audits and prepared audit reports, operational audits at Ulker Groups'
overseas operations, rantability analysis, material balance analysis (Production
Balance), operational processes and risk analysis.
-Took part in the preparation of consolidated financial tables according to Capital
Markets Board of Turkey regulations and gave support to independent audit.

Bank Auditor at
GROUP

Turkiye Finans Participation Bank - ULKER

November 1999 - September 2005

-Identification and evaluation of all risks including accounting, operational, credit
of the Bank
-Identification of irregularities and non-compliance with laws and internal
regulations.
- Analyzing the risk profiles of clients of the Bank on credit view.
-Controlling effectivity,efficiency of operations and analyzing cost / benefit of
branch activities.
-Administrative control, analyzing and reporting performance of the Bank staff.
4

-Fraud investigation of operations and alligation of staff if needed depending on

the situation.
-Preparing feasibility reports prior to opening of new branches of the Bank.

LANGUAGES

Turkish (Native)

English (Full professional proficiency)

Russian (Professional working proficiency)

German (Elementary proficiency)

EDUCATION
-Istanbul University, Master's degree, Money&Capital Markets and Financial
Institutions, 2003 - 2005
-Bogazii University, Bachelor of Arts (B.A.), Political Science and International
Relations, 1995 - 1999
-Kasgarli Mahmut Lisesi, Lise diplomasi, Lise/Orta Dereceli Okul Diploma ve
Sertifikalari, 1988 - 1995
-Findikzade Primary School, Istanbul, Ilkokul diplomasi, lkokul, 1983 1988