Hikmat S.

Head of Accounting

Baku, Azerbaijan

Experience

Jan 2024 - Present
1 year 11 months
Baku, Azerbaijan

Head of Accounting

MJ Financial Services NBCO (Microfinance)

  • Organized and supervised the accounting processes of the company’s head office and its branches
  • Compared and analyzed credit portfolio accounting data with financial statement indicators and resolved any discrepancies
  • Submitted VAT, corporate tax, SSPF and other reports
  • Prepared and submitted reports to the Central Bank, including balance sheet, profit and loss statement, liquidity indicators, and solvency ratio in accordance with regulatory requirements
  • Managed a credit portfolio worth 15,000,000 AZN, including risk assessment and ongoing monitoring
  • Analyzed the credit portfolio by loan type, volume, outstanding balance, portfolio share, and identified overdue and non-performing loans based on delinquency periods
  • Facilitated the compilation and submission of comprehensive financial documentation, including cash flow statements, profit and loss reports, and balance sheets to meet banking requirements for corporate credit facilities
Mar 2021 - Jan 2024
2 years 11 months
Baku, Azerbaijan

Finance Team Lead

CyberSign LLC

  • Prepared $500,000 debtors' status reports and followed up with debtors regarding outstanding invoices
  • Prepared monthly profit and loss statements
  • Supervised current projects in the department and conducted cost-benefit analyses
  • Prepared cash flow and payment-in and payment-out reports
  • Controlled the cash budget and optimally distributed funds on a daily basis
  • Maintained records of documents related to vendors, subcontractors, and clients, including invoices and supporting documents
  • Checked all contracts prepared by clients and vendors and informed managers of any defects
Jun 2017 - Mar 2021
3 years 10 months
Baku, Azerbaijan

Chief Accountant

RSM International LLC

  • Provided consultations to clients on tax and legal matters, positioning them for regulatory compliance and sound financial decision-making
  • Submitted VAT, corporate tax, SSPF and other reports
  • Oversaw the preparation of key financial documents, including financial statements, cash flow reports, and balance sheets
  • Directed an accounting team, achieving 100% financial reporting accuracy and ensuring compliance with regulatory standards
  • Collaborated closely with senior leadership to craft and execute actionable growth strategies to drive business success
  • Navigated complex interactions with tax authorities, securing favorable decisions and protecting the company’s financial interests
Aug 2015 - Jun 2017
1 year 11 months
Baku, Azerbaijan

Senior Accountant

Veyseloglu Group of Companies

  • Managed and optimized comprehensive financial records, ensuring a 100% accuracy rate in P&L and balance sheet presentations
  • Streamlined tax audit processes and managed returns, reducing discrepancies by 80% and safeguarding organizational compliance
  • Collaborated with senior teams to craft and deploy growth-oriented strategies that boosted business operations
  • Identified and addressed inflated costing practices by key chains (e.g., Araz, Bazarstore), successfully recovering over 200,000₼
  • Monitored and addressed outstanding debts, expediting collection processes and reducing overdue amounts by 40%
  • Oversaw critical financial settlements, including bank statements, and ensured timely reports to the board, enhancing accountability
May 2013 - Aug 2015
2 years 4 months
Baku, Azerbaijan

Tax Consultant

Deloitte & Touché LLC

  • Streamlined tax services by efficiently preparing client returns, fund reports, and tax invoices, leading to enhanced client satisfaction
  • Submitted VAT, corporate tax, SSPF and other reports
  • Acted as the primary liaison with tax authorities, ensuring timely communication and translation for the head office
  • Bolstered payroll accuracy and cash management using 1C software for meticulous financial tracking
Aug 2011 - May 2013
1 year 10 months
Baku, Azerbaijan

Accountant

Prime Cotton LLC

  • Streamlined product accounting processes, enhancing traceability and consistency in inventory
  • Orchestrated regular stock-taking exercises, resulting in optimized inventory management
  • Analyzed production tasks to improve insights into production capacity potential

Summary

Results-driven finance professional with a solid history of achievements in accounting, auditing, and financial analytics. Skilled in leveraging financial data to optimize processes, streamline workflows, and facilitate executive decision-making. Recognized for implementing technology-driven solutions, identifying financial discrepancies, and leading high-performing teams. Eager to further expertise in a creative organization that prioritizes innovation and sustainable growth.

  • Financial Analytics & Financial Reporting
  • Strategic Leadership & Team Development
  • ERP Implementation & Business Optimization
  • Tax Compliance Expert & Contract Oversight
  • Debt Management & Risk Mitigation

Languages

Azerbaijani
Native
English
Advanced
Russian
Intermediate

Education

Academy Europe Open University

MBA

Azerbaijan State Economic University

Bachelors in Finance · Finance · Baku, Azerbaijan

Certifications & licenses

Financial Modeling From LinkedIn

LinkedIn

Finance Team Lead

CyberSign LLC

F1-F9 Certifications From ACCA

ACCA

Pms Mhbs (FRIS)

Need a freelancer? Find your match in seconds.
Try FRATCH GPT
More actions