Mesude Cingilli
Finance Executive
Minneapolis,USA
Summary
Accomplished Vice President of Finance with progressive finance background and decisive leadership style. Offers strategic planning abilities, high-performing team building, and forward-thinking mindset. Ready for challenges and focused on meeting future demands.
Overview
23
23
years of professional experience
2
2
Certification
2
2
Awards
Work History
Vice President – Financial Planning & Analysis
Federal Reserve Bank of Minneapolis
11.2011 - 05.2022
- Worked closely with CEO and COO to lead and develop the organization’s strategic and financial plans and high priority initiatives. Created a new process to fund, track and report key strategic HPIs.
- Supported the President, COO and the Management Committee by providing strategic insights, actionable analysis and project planning.
- Prepared and presented financial reports and briefings to the BOD Budget, Evaluation, and Risk Committee
- Developed, coordinated and led the organization’s annual budget and monthly forecasting processes
- Successfully implemented a SaaS cloud-based ERP system and engaged all business line management for a timely adaptation.
- Managed company-wide headcount and FTE through actuals and forecast and worked with HR to coordinate reporting.
- Oversaw the cost allocation process and ensured that fully-allocated costs are accurate, reasonable and accessible.
- Cultivated strong relationships with key stakeholders, including business lines, national leaders, regulators, and BOD to promote collaboration and long-term success.
- Spearheaded organizational restructuring initiatives, streamlining operations and reducing overhead costs. Successfully brought structure to undefined processes, conducted periodic overview of functions and applied Lean Sigma/Six Sigma methodology to improve processes.
- Transformed a transaction-oriented team to a high-performing team through effective recruitment practices focused on competency alignment coupled with ongoing performance management processes.
- Cultivated strong relationships with key stakeholders, including customers, vendors, regulators, and community leaders to promote collaboration and long-term success.
- Established performance goals for department and provided methods for reaching milestones.
Finance Manager
Federal Reserve Bank of Minneapolis
05.2005 - 10.2011
- Planned and executed the organization's budget and monthly forecast processes ensuring deadlines were met and targets were achieved.
- Managed multimillion-dollar budgets, ensuring accurate allocation across departments and compiling reports for company leadership to inform decision-making.
- Acted as a consultant to senior management on corporate finance projects, providing insights on financial projections and investment decisions.
- Managed and conducted analysis of financial results and performance metrics, presenting results in Town Hall meetings to the organization.
- Created organizational structures to improve accounting and finance functions.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Led development of web-based applications and implementation of new financial software systems to enhance productivity and reporting capabilities.
- Trained staff and bank employees on budgeting, forecasting and new financial applications.
Senior Financial Analyst
Federal Reserve Bank of Minneapolis
01.2002 - 05.2005
- Coordinated the pricing and evaluation processes with all Reserve Bank Priced Services, Product Offices and the Board of Governors
- Performed feasibility analysis and evaluated cost-effectiveness of competitive products, services and vendors and presented recommendations.
- Organized and run cost allocation and expense reduction scenarios for senior management.
- Introduced the Balanced Scorecard concept to the business lines and created templates for Quarterly Senior Management Meetings.
- Created and prepared Quarterly Board of Directors Reports which was selected as the “Best Practice” among all Federal Reserve Banks.
- Prepared Priced Services Proforma Profit and Loss Statements.
- Prepared month end review reports, business plans, and revenue projections for senior management.
Project Manager
Target Corporation
09.1999 - 01.2002
- Managed company wide Merchandise-Store Sales Match (ABC-HML) strategy with gross margin impact of $100 million.
- Achieved project deadlines by coordinating with contractors to manage performance.
- Coordinated efforts to incorporate ABC-HML methodology into existing merchant financial processes, including 90 Day Forecasts and Seasonal Planning.
- Coordinated and participated in efforts to design, develop, implement and maintain ABC-HML systems and reports.
- Developed and maintained merchant and cross-functional relationships, ensuring Senior Management and merchandising needs are solicited, prioritized and completed.
- Worked closely with Merchandise Managers and directors to ensure financial plans were in line with company goals.
- Analyzed reports, forecasts and plans and provided actionable conclusions to merchants and Senior Management.
Education
MBA - Finance And Strategic Management
UNIVERSITY OF MINNESOTA
Minneapolis, MNBachelor of Science - Management
MIDDLE EAST TECHNICAL UNIVERSITY
Ankara, TurkeySkills
- Proven record of creating a high performing finance organization
- Proven record of working with highly diverse teams and help them thrive
- Outstanding leadership, organizational and strategic planning skills
- Ability to work in an ambiguous environment and put effective processes in place
- Ability to create a finance team from ground-up and transform skill sets
- Excellent communication and interpersonal skills
- Excellent analytical, strategic and critical thinking skills
- Extensive experience with Workday, Adaptive Insights, Alteryx, Hyperion, MS Dynamics
Certification
- Certified Project Management Professional, 2009
- Certified Business Process Improvement Leader, 2015
Accomplishments
- Awarded “Top Women In Finance” in 2018 by Finance & Commerce magazine
- Awarded “Top 30 Most Influential Turkish American Women” in 2016
Timeline
Vice President – Financial Planning & Analysis
Federal Reserve Bank of Minneapolis
11.2011 - 05.2022
Finance Manager
Federal Reserve Bank of Minneapolis
05.2005 - 10.2011
Senior Financial Analyst
Federal Reserve Bank of Minneapolis
01.2002 - 05.2005
Project Manager
Target Corporation
09.1999 - 01.2002
MBA - Finance And Strategic Management
UNIVERSITY OF MINNESOTA
Bachelor of Science - Management
MIDDLE EAST TECHNICAL UNIVERSITY
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