Summary
Overview
Work History
Education
Skills
Certification
Extracurricular Activities
Timeline
Generic
Ferhat CÖMERT

Ferhat CÖMERT

Münich

Summary

A multilingual (English+German) finance professional who has 10+ years of experience in Reporting, Planning & Controlling at Nissan Motor Corporation, Groupe SEB (Tefal, Rowenta, Krups, WMF), Vaillant Group, audit experience in PriceWaterhouseCoopers and practical experience in Finance Department of Mercedes Benz. Industrious, resourceful, flexible, analytic and result oriented. Specialties: Financial Reporting, IFRS, SOX, Financial Audit, Advanced Financial Analysis, Management Accounting, Controlling, Consolidation, Internal Audit, Forecasting, Budgeting, Strategic Planning, Audit, SPK (CMB)-TTK(TCC), CPA(SMMM) since 2016. Capital Market Activities Level 3 (Advanced) License and Corporate Governance Rating License holder.

Overview

13
13
years of professional experience
7
7
years of post-secondary education
5
5
Certifications
3
3
Languages

Work History

Senior Controller

Cherry SE
01.2024
  • Ensuring internal and external reporting
  • Preparing budget planning and segment reporting
  • Responsibility for areas of project, production, S&M, G&A and investment controlling
  • Carrying out various evaluations and deriving measures for optimization
  • Cross-functional and cross-team collaboration within Group.

AMIO Financial Reporting and Planning Manager

Nissan Motor Corporation
05.2022 - 12.2023
  • Cascading of monthly submission instruction from Global HQ – make sure deadline and requirements of submission are respected in the responsible area of AMIO – Africa, Middle East, India and Oceania
  • Communicate the consolidated financial statements to regional management to support operational decision-making process
  • For Budget: Submit on time and in quality Budget and Forecast revised versions for consolidated PL
  • Lead quantitative and qualitative analytical work to explain the variance between Actual and Budget/Forecast figures
  • Secure the data quality for all reporting and keep consistency among submissions (Actual / Budget / Forecast)
  • For Financial governance: Ensure the regular update and implementation of Group accounting principles in all entities in region, and accurate enforcement of IFRS standards
  • Build the bridge between financial and managerial reporting
  • Control the financial business cycle and address any process deficiencies
  • Act as a finance business partner for other departments
  • Work in cooperation with Nissan Europe Consolidation and Financial Reporting.

Reporting, Budget and Controlling Manager

Nissan Turkey
08.2019 - 05.2022
  • Build, implement and conduct the Budgeting and budget reporting process, regional responsibilities covering Turkey, North Africa
  • Conduct the planning and forecasting process as a cross functional partner of related departments by providing counsel and decision support on financial matters that focus on expense control and cost efficiency to the business
  • Regional monitoring, reporting of product profitability at local, consolidated level and take necessary actions where/if applicable
  • Preparation of variance analysis between Budget/Forecast and actual results on the relevant variables by comparing performance with operating plans and standards and providing specific recommendations
  • Manage coordination between global and local teams on all topics related to Budget, Forecasting focusing on Product profitability, pricing, Variable Marketing Expense (VME), Fixed Marketing Investment (FMI) and G&A management
  • Take the lead on local initiatives for efficiency, improved commercial outcome & cost reductions
  • Suggest solutions, resulting implications, key actions and strategic implications streamline functional reporting processes by working with other members of FP&A team
  • Support CFO and Managing Director on all Ad-hoc business plans and strategic analysis.

Financial Controller

Groupe SEB
03.2017 - 08.2019
  • Preparation of financial analysis and interpretation of past, present and forecasted financial performance of the company, to support business decisions at various levels
  • Design, coordination, actual implementation and adaptation of all financial planning processes and activities, especially long term planning budget, Rolling forecasts
  • Recommendation to managers of financial targets and / or actions to improve financial performance
  • Preparation of variance analysis between expected and actual results on the relevant variables by comparing performance with operating plans and standards and providing specific recommendations
  • Guaranteeing the coherence between management and consolidated financial reporting by setting the appropriate system / procedures and reconciling periodically the variances
  • Controlling the costs and overheads of the company in line with budget/forecasts
  • Timely preparation of departmental reports (including budget, forecasts, OS plans, LOMs etc.) and profit and loss statements for each business unit and group function ('' budget to actual '' results), in order to guarantee the respect of deadlines in planning processes as per group calendars
  • Managing the Financial Communication, preparing the Annual and Interim Reporting, according to the company procedures and CFO directives and guidelines
  • Control and promotion of the correct and homogeneous application of the accounting rules stated in the Accounting Manual (and where not applicable in the IFRS) all over the Group
  • Analysis and development of new methodologies, rules and procedures for planning, reporting & controlling areas
  • Management and/or consultancy responsibility of SAP Financial projects.

Financial Controller

Vaillant Group - Türk Demirdöküm Fabrikaları A.Ş
03.2014 - 03.2017
  • Conducting monthly performance analysis of departments through Budget vs Actual comparison
  • Analyze and work on Trial Balance to prepare monthly Income Statement & Balance Sheet according to IFRS
  • Calculate and entry of IFRS accruals
  • Preparation of monthly performance meeting presentation (for the Board of Directors), Computation and evaluation of various KPIs with explanation and commentary
  • Contribute to preparation of the annual budget for the company and ensure that individual profit and cost centers have all necessary information for effective budget management
  • Performed capital market board (SPK) audit process in line with external auditors, prepared quarterly consolidated financial statements of the Group (inc
  • 4 legal entities: Demirdöküm, Panel, DD Heating-GB, Tianjin Demrad-CN) between 2014-15
  • Announcing quarterly financial results on public disclosure platform of Turkey (www.kap.org.tr)
  • Annually preparation of TTK(TCC) report of the Group and its subsidiary(Panel) after delisting on Stock Exchange between 2016-17
  • Perform miscellaneous job-related duties as assigned
  • Assist to provide financial support to all functions of the company.

Assurance Department / Experienced Auditor

PriceWaterhouseCoopers
09.2011 - 08.2013
  • Providing financial statement audit in accordance with IFRS, US GAAP and standards established by Capital Market Board (SPK) in Turkey
  • Performed audit in national and multinational companies in Financial Services, Retail, Industrial Goods, Automotive, Real Estate, Energy Sectors.

Finance Department as PEP (Praktikanten Entwicklung Program) Intern

Mercedes Benz Türk
08.2010 - 08.2011
  • Assisting Finance Department in estimating the cash flow, performing cash reimbursements for imports from Daimler AG and collections from the dealers.

Assurance Department-Audit Intern

PriceWaterhouseCoopers
07.2010 - 08.2010
  • Assisting the audit teams of Anadolu Isuzu and The Banks Associations of Turkey, for the financial statement audit of these companies.

Education

Business Administration in German Language, Finance & Controlling Major (Bachelor of Arts, BA) -

Marmara University
01.2007 - 04.2011

German Prep School - undefined

Marmara University
01.2005 - 04.2007

Skills

Management accounting

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Certification

Executive Development Program – Koç Univesity 2017-2019

Extracurricular Activities

2007-2011 Marmara University Management Club Member of the Board being responsable for national organisations, being liasion with other Management Clubs and harmonizing activities. May 2009 International Week of Poland organized by Student Union in Warsaw School of Economics, Turkish representative. May 2010 International Week of Sweden organized by the Uppsala Business Student Association Uppsalaekonomerna at Uppsala Universty, Turkish representative. May 2011 International Week of the Netherlands organized by STAR Association at Erasmus University in Rotterdam and Amsterdam, Turkish representative. July 2016 Alumni International Week of Slovenia organized by Ljubljana Student’s Association at Ljublajana University, Turkish representative. July 2017 Alumni International Week of Germany organized by Köln Student’s Association at Köln University, Turkish representative.

Timeline

Senior Controller

Cherry SE
01.2024

AMIO Financial Reporting and Planning Manager

Nissan Motor Corporation
05.2022 - 12.2023

Reporting, Budget and Controlling Manager

Nissan Turkey
08.2019 - 05.2022

Financial Controller

Groupe SEB
03.2017 - 08.2019

Financial Controller

Vaillant Group - Türk Demirdöküm Fabrikaları A.Ş
03.2014 - 03.2017

Assurance Department / Experienced Auditor

PriceWaterhouseCoopers
09.2011 - 08.2013

Finance Department as PEP (Praktikanten Entwicklung Program) Intern

Mercedes Benz Türk
08.2010 - 08.2011

Assurance Department-Audit Intern

PriceWaterhouseCoopers
07.2010 - 08.2010

Business Administration in German Language, Finance & Controlling Major (Bachelor of Arts, BA) -

Marmara University
01.2007 - 04.2011

German Prep School - undefined

Marmara University
01.2005 - 04.2007

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