Hikmat S.

Head of Accounting

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Baku, Azerbaijan

Experience

Jan 2024 - Present
2 years
Baku, Azerbaijan

Head of Accounting

MJ Financial Services NBCO

  • 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, resolving 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, solvency ratio, etc., 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
  • Compiled and submitted 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 departmental projects and conducted cost-benefit analyses
  • Prepared cash flow and payment in/out reports
  • Controlled the cash budget and optimally distributed it daily
  • Maintained records of documents related to vendors, subcontractors, and clients, including invoices and supporting documents
  • Reviewed contracts prepared by clients and vendors, informing 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, ensuring regulatory compliance and sound financial decision-making
  • Submitted VAT, corporate tax, SSPF and other reports
  • Oversaw preparation of financial statements, cash flow reports, and balance sheets
  • Directed an accounting team, achieving 100% financial reporting accuracy and compliance with regulatory standards
  • Collaborated with senior leadership to craft and execute actionable growth strategies
  • Managed interactions with tax authorities, securing favorable decisions and preserving 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 100% accuracy in P&L and balance sheet presentations
  • Streamlined tax audit processes and managed returns, reducing discrepancies by 80% and ensuring compliance
  • Collaborated with senior teams to design and implement growth-oriented strategies
  • Identified and addressed inflated costing practices at key chains (e.g., Araz, Bazarstore), recovering over 200,000₼
  • Monitored and addressed outstanding debts, expediting collections and reducing overdue amounts by 40%
  • Oversaw financial settlements, including bank statements, and provided timely reports to boards to enhance 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, enhancing client satisfaction
  • Submitted VAT, corporate tax, SSPF and other reports
  • Acted as primary liaison with tax authorities, ensuring timely communication and translations for the head office
  • Enhanced payroll accuracy and cash management using 1C software for detailed financial tracking
Aug 2011 - May 2013
1 year 10 months
Baku, Azerbaijan

Accountant

Prime Cotton LLC

  • Streamlined product accounting processes, improving traceability and consistency in inventory
  • Conducted regular stock-taking exercises, optimizing inventory management
  • Analyzed production tasks to provide 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.

Skills

  • Financial Analytics & Financial Reporting

  • Strategic Leadership & Team Development

  • Erp Implementation & Business Optimization

  • Tax Compliance Expert & Contract Oversight

  • Debt Management & Risk Mitigation

  • Microsoft Office

  • Power Bi

  • 1c

  • Oddo

  • Sap

  • Sql (Basic)

  • Financial Modeling

  • Forecasting & Budgeting

  • Data Analysis And Interpretation

  • Erp System Implementation

  • Accounting Software Proficiency

  • Taxation Expertise

  • P&l Management

  • Debt Reconciliation

  • Cash Flow Forecasting

  • Contract Analysis

  • Analytical Thinking

  • Strategic Leadership

  • Detail-oriented

  • Collaborative Approach

  • Effective Communication

  • Problem-solving

  • Adaptability

  • Team Management

  • Decision Making

  • Risk Assessment

Languages

Azerbaijani
Native
English
Advanced
Russian
Intermediate

Education

Academy Europe Open University

MBA · Business Administration

Azerbaijan State Economic University

Bachelors in Finance · Finance · Baku, Azerbaijan

Certifications & licenses

Financial Modeling

LinkedIn

Finance Team Lead

CyberSign LLC

F1-F9 Certifications

ACCA

PMS MHBS (FRIS)

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