Tuesday Jan 23, 2024
FP&A Vs Finance Business Partners – Tunc Tezel, VP Group FP&A at Ontex
Tunc Tezel has managed FP&A at companies including Ontex, Pladis, British American Tobacco, Procter & Gamble, and Gillette. He has lived and worked in 11 different countries including the UK, Iran, Sub-saharan Africa, Turkey, Latvia, Belgium
Now, Tezel is VP of global FP&A at Ontex, a publicly listed leader in private label manufacturing baby care, feminine care and adult care products for stores including Walmart, Aldi, Lidl,Tesco and Carrefour.
In this episode provides his takeaways from a career at the cutting edge of FP&A:
- What do you do with your company’s budget when overnight interest rates hit 3000%. And the Turkish lira was devalued by 60% overnight
- How FP&A powers private label manufacturing vs working at big brands
- How we coped with the pandemic and the shift to economically challenged consumers trying private labels
- Moving from brand ambassadors to product ambassadors
- How FP&A is supporting ESG
- Business supporting finance managers – should you call them FP&A Managers or
- Finance Business Partners (and why it matters)
- The challenges of data in FP&A work
- FP&A as co-pilot in a rally car
- Secrets of bringing the numbers to life Cooking and seafood
- Why I would have loved to meet Atatürk, founder of the Turkish Republic
- The last thing I asked Google/Chat GPT about my finance work
Episode Notes
Connect with Tunc Tezel on LinkedIn.
Tunc Tezel: Banking CIO Outlook: FP&A Vs Finance Business
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