AYAZ ALIYEV
Baku,Azerbaijan
Summary
Results-driven Cost Specialist with strong experience in cost control within the oil & gas sector. Proven ability to lead cost control teams, enforce financial governance, and deliver accurate forecasting, variance analysis, and management reporting. Highly skilled in SAP, advanced Excel, and cost control systems, with a track record of supporting complex projects, strengthening internal controls, and enabling data-driven decision-making.
Overview
12
12
years of professional experience
Work history
Wells Cost Control Squad Lead
BP AGT
Baku, Azerbaijan
06.2025 - Current
- Lead and coordinate a cost control squad supporting upstream oil & Wells projects
- Own end-to-end cost performance management for assigned scope, ensuring alignment with approved CAPEX/OPEX budgets and AFEs.
- Oversee preparation and quality assurance of cost reports, forecasts, accruals, and variance analyses, ensuring accuracy and consistency.
- Act as the primary cost focal point for project managers, asset teams, engineering, procurement, and finance stakeholders.
- Led the development of robust cost control procedures and internal financial controls, and drove continuous improvement of cost management tools, systems, and performance dashboards.
COST ANALYST
BP AGT
Baku, Azerbaijan
06.2018 - 05.2025
- Monitor, analyze, and control CAPEX and OPEX for upstream oil & gas projects
- Prepare detailed monthly cost reports, forecasts, and variance analyses for management and project stakeholders.
- Ensure compliance with internal cost control procedures, JV agreements, and audit requirements.
- Maintain cost databases and financial models, ensuring data accuracy, traceability, and audit readiness.
- Raising purchase requisitions on behalf of project managers and project engineers in line with scope and technical requirements of the projects
- Evaluated current processes to develop improvement plans.
- Supported executive decision-making with insightful dashboard development, highlighting critical business KPIs.
MANAGEMENT SYSTEMS SPECIALIST
BP AGT
Baku, Azerbaijan
11.2017 - 05.2018
- Continuously improve projects delivery by identifying opportunities for simplification, standardization, and performance improvement
- Provide Regional perspectives on audit and self-verification activities which provide opportunities to reduce risk while increasing the delivery of safe and compliant wells
- Control and completeness check for all types of Drilling, Completions, and Intervention's data and eMOCs (Management of Change)
COST ANALYST
BP AGT
Baku
10.2016 - 11.2017
- Budget Forecasts, Cost Control & Performance of wells
- Lead & conduct cost performance meetings with stakeholders
- Analysis of cost & cost variances
- Assurance of Well Reconciliation accuracy
- Communication with Suppliers on pre-invoicing procedures.
INTERNAL AUDIT
BP AGT
Baku, Azerbaijan
10.2015 - 10.2016
- Performed internal auditing activities
- Conducted rates compliance checks with all applicable directives and regulations
- Read and extract data from invoices to verify information, identify material and labor, and process invoices for payment
- Evaluated and improved the effectiveness of risk management and control processes
- Prepared and presented reports that reflect audit's results and document process.
ACCOUNTS PAYABLE ANALYST INTERN
BP AGT
Baku, Azerbaijan
07.2013 - 08.2013
- Processed and controlled third party invoices with contract prices and reported any differences
- Verified and coordinated vendor invoices to ensure suppliers were paid to agreed contractual terms and supported in conducting financial statements
- Developed technical Skills in SAP, Maximo, and analytical use of Excel.
Education
Bachelor of Science - Business Administration
PFORZHEIM UNIVERSITY OF APPLIED SCIENCES
Pforzheim, GermanyBachelor of Science - Business Administration
UNIVERSITY OF TEXAS AT DALLAS
Dallas, TexasBachelor of Science - Business Administration
ÖZYEĞİN UNIVERSITY
Istanbul, TurkeySkills
- SAP
- Citrix Workspace
- Business & Financial Analysis
- Cost & Market Analysis
- Advanced Excel
- Analytical & Critical Thinking
- Risk Assessment & Mitigation
- Data Collection & Cost Validation
- Business Process Mapping & Optimization
- Stakeholder & Cross-Functional Coordination
- Calm Under Pressure / Deadline-Driven Environment
- Decision-Oriented Problem Solving
LANGUAGES
Azerbaijani, Russian: Native language
Proficient (C2)
English: C2 Proficient
Proficient (C2)
Turkish: C2 Proficient
Advanced (C1)
EXTRACURRICULAR ACTIVITIES
International Student Ambassador, Özyeğin University (2011 - 2013) Vice President, International Club, Özyeğin University (2014-2015) Volunteered at campus auditing for disability access at Özyeğin University (2011)
REFERENCES
Available upon request
Timeline
Wells Cost Control Squad Lead
BP AGT
06.2025 - Current
COST ANALYST
BP AGT
06.2018 - 05.2025
MANAGEMENT SYSTEMS SPECIALIST
BP AGT
11.2017 - 05.2018
COST ANALYST
BP AGT
10.2016 - 11.2017
INTERNAL AUDIT
BP AGT
10.2015 - 10.2016
ACCOUNTS PAYABLE ANALYST INTERN
BP AGT
07.2013 - 08.2013
Bachelor of Science - Business Administration
UNIVERSITY OF TEXAS AT DALLAS
Bachelor of Science - Business Administration
ÖZYEĞİN UNIVERSITY
Bachelor of Science - Business Administration
PFORZHEIM UNIVERSITY OF APPLIED SCIENCES