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Work Background
Shirvan Oil Operating CompanyVice President of Economics
May. 2020
Neftechala Operating CompanyVice President of Economics&Finance
May. 2019 - May. 2020Baku, Azerbaijan
Absheron Operating CompanyDeputy Head of Economics
Oct. 2014 - May. 2019Baku, AzerbaijanProvided executive leadership of corporate accounting and financial management initiatives, including IFRS, budgeting, performance analysis, CBA, and EBITDA. Assumed full P&L accountability for the oversight of financial resources, investment decisions, and capital structure. Governed and monitored account receivables and payables to mitigate risks, drive revenue, reduce expenditures, and optimize profitability. Composed and generated operational budgets along with corresponding forecasts. Interfaced with a broad range of external stakeholders to derive business requirements and ensure compliance with applicable regulatory guidelines. • Created and implemented an innovative budget performance system that operated on both on accrual and cash basis.
• Devised and introduced an interconnected management accounting formats system that featured both appropriate correction according to changes in major external factors and exchanges rates.
• Integrated an improved procurement control system which resulted in better budget performance and minimized losses.
Absheron Operating CompanyFinance manager
Jul. 2012 - Oct. 2014Baku, AzerbaijanOversaw budget management as well as quarterly forecasting and comparison to actual financial performance. Supervised all financial reporting initiatives in accordance with established performance metrics, quality assurance measures, IFRS compliance, and applicable accounting directives. Monitored and moderated financial resources to effectively control account receivables and payables levels.
• Facilitated the transition to new accounting system (SUN System) and analysed success upon deployment of program.
• Spearheaded the implementation of an electronic documents management program, including the creation of a managing contracts execution team.
• Revamped and reimagined budgeting structure to curate a budgeting presentation framework for various departments and centers of financial responsibility.
• Strategically mapped departments and centers interconnection to enhance financial reporting.
• Devised and instituted a consolidated reporting system for budget performance, incorporating all levels of company's structure and functionality for variance analysis.
Binagadi Oil CompanyBudget planning and control specialist
Aug. 2008 - Jul. 2012Baku, AzerbaijanDirected and steered budgeting and financial controls department-wide. Coordinated strategic planning and auditing of daily business processes to promote the highest level of service delivery.
• Conceptualized new accounting mapping, as part of a key accounting system update project
• Championed consistent cash flow budgeting and budget performance analysis to maximize return on investment.
SibCotesEconomist
Jun. 2007 - Apr. 2008Novosibirsk Region, Russian Federation
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