British American Tobacco, TurkeySamsun Factory Manufacturing Finance Manager
Nov. 2009 - Jan. 2012SamsunReporting to Operations Finance Manager, I was leading a team of 5 (ranging from entry-level analyst to manager) supporting Samsun Factory operations from financial perspective & drive cost reduction initiatives. Roles & Responsibilities Business Partnering: Was the finance BP and drove them from financial soundness perspective; worked with factory top management to develop financial awareness & understanding among the staff; prepared KPI reporting Working Capital Management: Prepared the cash flow forecasts for raw material purchases, fixed asset investments, operating expenses, & receipts from any machinery &/ factory sale in original currencies. Managed the working capital & worked on cash-to-cash cycle improvement ideas. Tobacco Regulatory Board Engagement: Prepared all regular & ad hoc reports to TRB related to stocks, leaf consumptions, productions, and exportations; engaged with TRB regarding finished goods, leaf, & banderol disposals. Fixed Asset Investments: Prepared the business cases and post-implementation reviews for big scale investments, followed-up the spending throughout the project and ensured there are no over budget spending, managed the related cash flow, invoicing processes, and capitalization timings. (over 100mio GBP throughout 3 years) Budgeting & Reporting: Prepared the operations budgets in coordination with the stakeholders, analysed the variances, performed feasibility studies for cost saving initiatives; completed all necessary reporting; prepared the salary & wages budget for the production facility, calculated the overtimes, controlled the actual payroll payments. Waste: Collaborated with the manufacturing departments on waste calculations and calculated the impacts of different manufacturing practices into the factory waste; examined the reporting practices in different end markets and ensured the validity of SAP information; managed the physical disposal procedure in line with legal and regulatory requirements