Alper Altay

About Alper Altay

Experience in various aspects of a corporate treasury such as risk management, hedging, derivative pricing/instruments, FX markets/products, liquidity management, cash flow forecasting, interest rate products, asset-liability management, analysis/modelling, treasury management systems and investment analysis. I have a CFA charter and a master\'s degree in financial engineering. Managing risks and minimizing inefficiencies have been my passion throughout my career.

Experience

1. Treasury Manager

   Glacier Fish Company

   Sep 2023 — Present

   Full ownership of the company’s cash flow and forecasting. Led to a %35 improvement in cash balances and built the company’s long and short-term cash forecasting models, incorporating CAPEX, AP, AR. Optimizing working capital by managing AP and AR effectively.• Leading hedging decisions for FX, interest rate and fuel exposures, using forwards, swaps and options. Established the company’s FX and interest rate hedging strategies.• Managing the debt portfolio consisting of senior and subordinated loans in a capital-intensive industry, constantly working on interest saving and liquidity enhancing strategies. Working closely with the CFO to comply with the debt covenants such as minimum liquidity, minimum EBITDA, fixed charge coverage ratio and leverage ratio.• In charge of GL entries for cash, debt, and derivative hedging instruments for monthly and quarterly financial statements. • Regularly author and publish intracompany white papers on economic outlook, market conditions, financial products, and hedging financial exposures, providing strategic insights to the senior leadership team using Bloomberg terminal.• Driving intracompany collaboration with stakeholders across sales, accounting and procurement to optimize the working capital.

Education

• Boğaziçi University

  Master of Science - MS, Financial Engineering

• Sabanci University

  Bachelor of Science - BS, Industrial Engineering