ARAF Interim Management

Welcome to ARAF Interim Management

Are you looking for an experienced chartered accountant in the field of Audit, Risk, Accounting, and Finance? Then ARAF Interim Management is the right place for you!

What we can offer you

Independent and in-depth checks of financial processes, focused on transparency, compliance, and reliability. Both internal audits and support for external audit processes.

Insight into and control of financial, operational, and IT-related risks. Practical implementation of risk management strategies based on current legislation and regulations.

Support with complex accounting issues, from consolidation to annual accounts. Expertise in IFRS, Dutch GAAP, and optimization of financial administration.

Temporary reinforcement in financial management, forecasting, reporting, and strategic decision-making. Focus on control, growth, and governance in every phase of the organization's life cycle.

Assessment and improvement of IT governance, information security, and compliance with frameworks such as COBIT, ISO 27001, and GDPR. Advice at the intersection of finance and technology.

About ARAF Interim Management

ARAF Interim Management was founded in 2006 by Mr. Selcuk Topcu CPA.

The reason for starting ARAF Interim Management was to realize our own vision of service provision, in which the customer's needs are central. This was prompted by successfully completed assignments and highly satisfied customers. The motivation for this decision was confidence in our own abilities and our ability to contribute effectively and efficiently to the customer's objectives.

We apply two basic conditions to all assignments:
1) Knowledge and experience;
2) A feel for (business) service provision, or the ability to collaborate.

Our activities focus on finance-related issues faced by large companies. These issues can relate to a wide range of activities, such as the implementation of (new) legislation and regulations, project management, interim management, change management, temporary replacement, and filling various positions such as Controller, Senior Auditor, Risk/Audit Manager, Head of Financial Administration, Financial Accountant, etc.

Mr. Selcuk Topcu CPA is a member of the Royal Netherlands Institute of Chartered Accountants (NBA) and complies with the NBA's code of conduct.

That is why we work in accordance with the following basic principles:
Professional and Careful;
Expert and Reliable;
Objective and Honest.
Last but not least, Independent.

Selcuk Topcu

About Selcuk Topcu

Mr. Selcuk Topcu CPA has sufficient experience in public accountancy from 1998 to 2003. He started as an assistant accountant and progressed to become an audit manager at various (Big 4) accounting firms. During this period, he served various clients in the profit and non-profit sectors, ranging from SMEs to large (inter)national companies. Some examples include large municipalities, ministries, national insurance companies, international manufacturing companies, many construction companies, associations, and foundations. These activities related to audit assignments. In addition, many compilation assignments were carried out. He also conducted various special investigations, subsidy investigations, and compliance investigations.

From 2003 to 2006, Mr. Selcuk Topcu CPA held various positions in corporate finance, such as Manager GHD/Financial Reporting at Philips, Senior Auditor at the Ministry of Justice, Project Leader MIS at Innovam, and Project Manager for the implementation of SOX legislation at ABNAMRO Bank.

Selcuk Topcu: I have been working as an independent interim manager since 2006. I see myself as a reliable and knowledgeable person, with a high degree of loyalty to the things I am working on. In addition, I firmly believe in developing and doing things together.

General characteristics:
- results-oriented
- decisive
- thinking and doing
- structured and systematic
- helicopter view with a detailed approach

Experiences from our clients

Of course, we believe it is important to provide our clients with the best possible support. Below you can read whether we have succeeded in doing so.
TU/e

Selcuk has made a valuable contribution to the transition of the TU/e Internal Audit function from financial audits to operational audits. With his knowledge in both areas, he has laid a strong foundation for the transfer of financial audits to the external auditor and, at the same time, with his critical organizational insight, he has helped the team to take on operational audits. It is also a pleasure to work with Selcuk within the team.

IND

Selcuk helped us to conduct a thorough analysis of the vulnerabilities in the risk management process in a short period of time. He also drew up a new risk report.

You are a great colleague and a true professional.

We thank you for your professional contributions and look forward to seeing you again. Good luck with your next assignment.

InControl

Selcuk is a very reliable, determined and dedicated consultant, with strong internal control and SOx knowledge. Really someone who you can rely on delivering results.
Next to this I learned to know Selcuk as a warm personality with good interpersonal skills, very high level of integrity and self motivation.
A great person to work with!

ABN AMRO

At ABN AMRO Selcuk and I managed a rather complex division with regards to Internal Controls and Compliancy (SOX404). Selcuk is a dedicated and committed professional with good technical knowledge and expertise. Working with Secluk was a succes due to great communication. 

Assignments

Senior Internal Auditor CPA
Technische Universiteit Eindhoven (TU/e), 2024 - 2024
Responsibilities
  • Performing subsidy audits and issuing auditor's reports on projects subsidized by RVO
  • Performing operational audits of pre-award processes, project preparation, project control, and advising management on improvement measures
Risk Management Coordinator
Min J&V / IND, 2023 - 2023
Responsibilities
  • Implementation and assurance for risk management activities
  • Risk reporting T2, strategic risk session with MT
  • Monitoring recommendations, investigation into performance statements
Senior Risk Specialist 
Essent, 2022 - 2023
Responsibilities
  • Risk & Opportunity calculations, Control Risk Self Assessments, Issue Management
  • Development/Implementation of new ICF for Energy Sales/Markets (Commodities/Derivatives)
  • Development of Essent-wide Risk Management policy and improvement plan
  • Transfer/Training of new Risk Specialist
Projectmanager
Belastingdienst, 2021 - 2022
Responsibilities
  • Leading the ICS (In Control Statement) project
  • Managing team members
  • Chairing various meetings/stakeholder management
Riskmanager 
Belastingdienst, 2020 - 2021
Responsibilities
  • Implementation and assurance for risk management activities
  • Control Risk Self Assessments
  • Transfer/training of new risk management advisor
Project Manager Governance Risk Control
Ministerie van Binnenlandse Zaken, 2020 - 2021
Responsibilities
  • Analysis of Information Security and Risk Management Processes
  • Preparation for Outsourcing the GRC Tool
  • Implementation of the GRC Tool for the Security Center
  • Advising the Financial and Economic Affairs Management
Internal Control Manager 
ASML, 2020 - 2021
Responsibilities
  • Preparation of ONE (One New Enterprise) program roadmap
  • Workshops Risk assessments End-to-end processes
  • Process Excellence (PEX)/Business redesign workshop
  • FIT2025 SCAN
Program manager Revenue Recognition 
PHILIPS, 2019 - 2019
Responsibilities
  • Drawing up/implementing project plans.
  • Managing teams and internal reporting/communication (program management, IAD, BU, etc.).
  • Organizing training courses for quoting, pricing, contract management, and sales professionals.
  • (Re)describing (new) automated IT controls for revenue recognition.
IT Audit Consultant Information Security
CZ Zorgverzekeringen, 2018 - 2019
Responsibilities
  • Preparation of DNB self-assessment Information security Managing teams and internal reporting/communication (program management, IAD, BU, etc.)
  • Conducting COBIT research and risk assessments
  • Coordinating and conducting setup/existence and functionality testing (using data analysis)
  • Coaching/training business and IT employees
Audit Risk Compliance Auditor CPA
Kamer van Koophandel, 2017 - 2018
Responsibilities
  • Implementation of Internal Control Framework (COSO ERM) and advising on IT audit approach
  • Setting up/implementing risk management
  • Coordinating and implementing setup/existence and operation (using data analysis)
  • Coaching/training business and F&C employees
  • Audits and advice on governance, compliance, and controlling/PDCA
Cluster Controller
Provincie Noord-Brabant, 2017 - 2017
Responsibilities
  • Advising on complex policy and business/implementation processes
  • System check on consistency between administrative agreement, policy cycle, and planning & control
  • Further development of risk management from operational RM to strategic RM
  • Control of GS files from BO&T in accordance with internal criteria
Senior Researcher CPA
Algemene Rekenkamer, 2017 - 2017
Responsibilities
  • Investigation into the legitimacy of expenditures (using data analysis), financial management, and future viability of an implementing body of the Ministry of Finance.
Financial Management
Gemeente Den Bosch, 2015 - 2015
Responsibilities
  • Setting up risk management
  • Performing (detailed) internal audits within the business sector
  • Advice on planning and control
Financial Auditor CPA
Gemeente Delft, 2015 - 2016
Responsibilities
  • Senior (financial/operational) auditor at Concern Controlling
  • Preparing consolidation for Werkse employment agency
  • Internal audit at Ontwikkelingsbedrijf Spoorzone (OBS) + Setting up audit for land development
Senior Project Controller
Management Autoriteit, 2015 - 2015
Responsibilities
  • Senior Project Controller at the Program Office of the Province of Flevoland
  • Checking and reviewing ERDF Opportunities for West I projects
  • Reviewing (European) tendering guidelines and state aid
Senior Staff CPA
E&Y (spring) / Deloitte (fall), 2014 - 2014
Responsibilities
  • Performing annual audits and managing audit teams at municipalities, energy companies, large multinationals, and other organizations.
Senior Controller ESF 
Agentschap Ministerie SZW (fall), 2013 - 2013
Responsibilities
  • Special investigation (politically sensitive case)
  • Ensuring compliance with European subsidy regulations at various training funds, including Wholesale (SOG)
  • Performing executive and reporting tasks for the 2010 audits
  • Participating in, reviewing, and/or managing a team that performs audits
  • Supporting the project leader and management who bear ultimate responsibility
Mergers & Acquisitions Specialist /
Business Controller
ANWB, 2011 - 2012
Responsibilities
  • Visibility study: current status regarding the acquisition of a service provider in Türkiye
  • Setting up a new business case in France
  • Reviewing financial reports, including forecasts for the coming years
  • Developing various scenarios and a business plan
Senior Auditor CPA
Hitachi MCE, 2011 - 2011
Responsibilities
  • Review SOX-tests on Entity Level Questionnaires, Financial closing controls, Tax en Treasury controls
  • Deficiency reports
  • Review Fraud Prevention/Detection framework
Internal Control Consultant 
Agentschap NL, 2010 - 2010
Responsibilities
  • Research into the current internal control environment
  • Analysis of the risk analysis model and sampling methods
  • Development and implementation of new efficient and effective control methods to monitor subsidies, project funds, loans, and tax arrangements
Senior Auditor CPA
Autoriteit Financiële Markten, 2009 - 2009
Responsibilities
  • Periodic investigation into the legitimacy of procurement and compliance with European tendering procedures (see also 2007 and 2006)
  • Assessment of (procurement) contract management, file creation for procurement processes, random checks on compliance with internal procurement procedures
  • Interviews conducted with various department heads on the professionalization of procurement
Senior Auditor CPA
KPN/GETRONICS, 2008 - 2009
Responsibilities
  • Implementation of Internal Control Framework (ICF) and SOX guidelines within Getronics for Entities Belgium/Luxembourg (in BE) and IES (in NL) for the following processes
  • Revenues, (Temporary) Staff Expenses, Subcontractors, Bonus & Incentives, AP/AR and Cash
  • Creating risk awareness, training business units in conscious control
  • Implementation and internal assurance of internal controls, audit of self-assessment tests and reporting on deficiencies
Acquisition Controller
ANWB, 2007 - 2008
Responsibilities
  • Due diligence investigation conducted on the reliability of financial statements.
  • The business concept was reviewed in terms of revenue models.
  • Customer and supplier environment mapped out.
  • Tax and financial risks identified and materialized.
  • Acquisition strategy drawn up and advisory report prepared.
Senior Auditor CPA
Autoriteit Financiële Markten, 2007 - 2007
Responsibilities
  • Investigation into the legitimacy of procurement and compliance with European tendering procedures
  • Assessment of (procurement) contract management, file creation for procurement processes, random checks on compliance with internal procurement procedures
  • Interviews conducted with various department heads on the professionalization of procurement
Team Leader ESF Control
Agentschap Ministerie SZW, 2007 - 2007
Responsibilities
  • Managing three teams for ESF subsidy audits within the Internal Audit department
  • Conducting review meetings at accounting firms
  • Performing audit work at the Employee Insurance Agency (UWV) and at large companies
  • Assessing compliance with (European) procurement legislation
Senior Auditor CPA
Autoriteit Financiële Markten, 2006 - 2006
Responsibilities
  • Investigation into the legitimacy of procurement and compliance with European tendering procedures
  • Assessment of (procurement) contract management, file creation for procurement processes, random checks on compliance with internal procurement procedures
  • Interviews conducted with various department heads on the professionalization of procurement
SOX Implementation Manager
ABN Amro Bank, 2006 - 2006
Responsibilities
  • Implementation of SOX regulations for the Financial Statement Closing Process. This concerns the monthly closing of all BU NL administrations, such as reconciliation of various systems, (interim) accounts, profit and loss account for the period, and balance sheet positions.
  • Supporting the Head of Finance & Accounting with planning, determining, self-assessment, and accountability for SOX testing
  • Periodically attending/advising on “remediation projects” to resolve gaps and reporting on gap progress to the Head of Finance & Accounting
Business Analist
Innovam, 2006 - 2006
Responsibilities
  • Inventory of management information, analysis and modeling of critical business processes
  • Result: All management information requirements mapped out and business processes streamlined accordingly. The PDCA (Plan, Do, Check, Act) cycle has been updated.
SOX Project Manager
ING Bank, 2006 - 2006
Responsibilities
  • Project leader for the Sarbanes Oxley Act 404 implementation team and the newly formed ORM department
  • Managing external and internal employees
  • Attending regular meetings, monitoring progress, and reporting to MT members
  • +31  (0) 6 111 755 36
  • info@araf.nl

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