NURAY ALBAYRAK
Executive Finance Leader CFO-Track Transformation & Growth Specialist
Mill Valley, USA +1-415-***-**** **************@*******.*** Professional Summary
Finance and accounting executive with 20+ years of progressive leadership across Construction, Real Estate, Energy, and Industrial sectors. Proven track record in finance transformation, corporate restructuring, ERP/IFRS modernization, and strategic growth enablement. Skilled at working with CEOs, boards, and investors to create transparent, KPI-driven financial systems that unlock value, deliver cost savings, and accelerate growth. Recognized for turning complex organizations into efficient, profitable, and investment-ready enterprises. Signature Achievements
• Delivered $40M capital injection through financial restructuring and share transfer.
• Spearheaded SAP ERP modernization, enabling transparent reporting across 8 subsidiaries.
• Achieved 10% revenue growth for 3 consecutive years via contract profitability improvements.
• Generated $800K annual cost savings through corporate consolidation.
• Delivered first-ever IFRS-compliant consolidated financials, enabling bond issuance.
• Led finance teams up to 5 direct reports with oversight of budgets exceeding $120M. Professional Experience
Capvera Financial Services 2020 – Present
Founder & Managing Consultant – Financial Services Advisory İstanbul - Mill Valley, USA Core Mandate & Services:
• Preparation, analysis, and interpretation of financial statements for business transparency and investor readiness.
• Development of 3–5 year financial projections and scenario analyses to enable long-term growth planning.
• Design of cash flow planning and liquidity management strategies, ensuring operational stability.
• Review and optimization of cost structures and control mechanisms to unlock profitability.
• Execution of cost-benefit analyses and resource optimization for investment and operational decisions.
• Implementation and monitoring of budgeting frameworks and variance analysis processes. Key Achievements:
• Helped multiple SME clients establish transparent, IFRS-aligned reporting structures to attract investors and secure financing.
• Enabled clients to reduce operating costs by up to 15% through structured cost reviews and efficiency programs.
• Built financial resilience for clients during economic downturns by designing liquidity buffers and cash flow models.
• Established Golden Horn as a trusted partner for SMEs navigating strategic growth, turnaround, or pre-IPO readiness.
E&A Construction & Real Estate Group 2012 – 2019 Finance Director Reporting to CEO
• Directed finance & accounting division with a team of 5; managed consolidated budget of
$120M.
• Implemented SAP ERP system and activity-based costing, improving cost transparency.
• Consolidated 8 subsidiaries under a uniform chart of accounts, delivering $800K cost synergies.
• Partnered with Deloitte to restructure group shares, generating $40M liquidity for projects.
• Automated BI reporting, enabling board-level strategic decisions and supporting $30M annual revenue uplift.
Alesta Advertisement & Printing International 2006 – 2012 Senior Finance Manager – Budget & Reporting Group of 15 Companies
• Orchestrated IFRS budget & controlling framework across 15 subsidiaries with sales of
€30M.
• Designed claim management process to restore contract profitability, driving 10% revenue growth over 3 years.
• Developed scrap paper recycling initiative, adding 7% to group sales revenue.
• Served as financial reporting advisor for subsidiaries in Ghana, Mali, and North Africa.
• Built cash flow management and business analysis frameworks adopted by the board. Norm International Machinery 2001 – 2006
Financial Controlling Manager Reporting to CFO
• Led transition to IFRS reporting and developed strategic budgeting landscape.
• Redefined bill of materials (BOM) for accurate costing, achieving 10% cost efficiencies.
• Established rolling forecasts and 5-year business plan aligned to corporate strategy.
• Managed team of 4 and introduced SLA-based service model for internal stakeholders. Yapı Endüstri Merkezi 1999 – 2001
Finance & Accounting Specialist
• Designed and delivered first-ever IFRS-compliant consolidated financial statements, enabling successful bond issuance.
• Acted as finance lead in ERP implementation, ensuring reporting accuracy and compliance.
• Developed financial models adopted by senior management and investor relations. Education & Professional Development
Education
• Konkordato Commissioner 2020 (November)
• Yedi Tepe University; Executive Mba 2020
• Management-Finance-Financial Expert 2018 (October)
• (According To The Expertise Law No. 6754)
• Certified Public Accountant (Cpa )/ İsmmmo 2015 (November)
• Anadolu University Bs, Department Of Business Administration 2007 – 2011 Personal Development And Cerificas
• Konkordato Commissioner Training / İSMMMO-TESMER
• Strategic & Motivational Leadership / LMI (International Leadership Management)
• Expert Training / Marmara University – Expert
• Who is the art of getting to know people? / NLP Institute
• Communication mastery training / NLP Institute
• Future leading CFOs / BMI & Marmara University
• Effective communication & effective networking what is networking? / Entrepreneurship Movement
• New Turkish Commercial Law (TTK) and what it brings to the construction sector / Şükrü Kızılot
• Project management seminar / BMI & Marmara University
• Financial leasing theory and application training / Deha Educational Institutions
• New Turkish Commercial Law (TTK) / Bilgili YMM A. S.
• IFRS applications / Bilgili YMM A.Ş.
• Financial management / BMI & Marmara University
• Labor law, payroll and social security applications / BMI & Marmara Universty
• Tax law / Deha Educational Institutions
• Contract law education / Deha Educational Institutions
• Law of obligations / Deha Educational Institutions
• Enforcement and bankruptcy law education / Deha Educational Institutions
• Balance sheet analysis technologies and interpretation / Boğaziçi Education and Consultancy
• Subcontractors and subcontractor management (in terms of Commercial Law) / Boğaziçi Education and Consultancy
• English Upper Intermediate –Spoken English / Ian Przybylinski
• English (Upper Intermediate) / Yeditepe Universty & EC English San Francisco Course
• English (Intermediate) / George Academy
Core Competencies
• Financial Strategy & Leadership
• Corporate Restructuring & M&A
• ERP / SAP / IFRS Transformation
• Budgeting & Forecasting
• Investor & Board Reporting
• Cost Efficiency & Value Creation
• Cross-Border Operations
• Team Leadership & Development
Languages
Turkish (Native), English (Fluent)