Bahruz Farhadli
Baku,Azerbaijan
Summary
Finance professional with relevant academic and professional background open to new opportunities and challenges within Finance function
Overview
11
11
years of professional experience
Work History
FINANCIAL CONTROLLER
AZERI MI LLC
Baku, Azerbaijan
12.2024 - Current
- Supervising 1C ERP implementation project
- Overseeing day-to-day accounting process
- Supervising Month end & Year end closures
- Reviewing, advising on Budget and Reporting
- Maintaining business policies and procedures
- Supporting the Finance manager in various tasks
SENIOR BUDGET ANALYSIS AND REPORTING SPECIALIST (MANAGER IN CHARGE)
MATANAT A GROUP OF COMPANIES
Baku, Azerbaijan
04.2024 - 12.2024
- Preparation of annual budgets
- Managing overall budgeting process
- Supervision of Accounting division in recognition of expenditure through control on the source documents
- Variance analysis, Investigating and reporting the causes, suggesting necessary actions
- Weekly General TB and GL analysis (balances, movements), control of recordings (detecting erroneous entries, maintaining adjustments)
- Preparation of monthly and annual financial statements
- Providing data for internal/external parties (audit, banks)
- Providing ad hoc reports for management
FINANCE MANAGER
SABAH FC
Baku, Azerbaijan
06.2022 - 08.2023
- Supervising and participating in day-to-day Accounting operations (Purchases, payments, calculations, bookkeeping, documentation, reconciliations)
- Implementing periodical closures
- Managing relations with counterparties (Players, staff, suppliers, Government authorities, other parties)
- Budget preparation & control & reporting
- Cash & Tax management
- Managing external audit process
- Supervising Procurement and HR functions
- Preparation of periodical and ad-hoc reports
CHIEF ACCOUNTANT
SR CONSTRUCTION CO.
Baku, Azerbaijan
04.2022 - 06.2022
- Cash management
- Supervision of daily Accounting process executed by 3 accountants (Daily operations/entries, AR/AP/Bank Reconciliations, month/year end closings, operations with government authorities, document control etc.)
- General TB/GL analysis (trend, timeliness, recognition etc.), Identifying/Posting missing/erroneous entries and carrying out necessary adjustments
- Controlling cost allocation to construction projects
- Software capabilities analysis/improvements (accounting, reporting, miscalculation, limitations, data integration)
- Monitoring the business procedures conformity, improving business processes
- Budget vs Actual analysis/reporting
- Revenue, Expense and purchases analysis/adjustments
- Preparation of financial statements/ad hoc reports for management
GROUP FINANCIAL CONTROLLER
SR GROUP CO.
Baku, Azerbaijan
06.2021 - 03.2022
- Company Overview: srgroupco.com
- Cash management (weekly cash analysis of business units)
- Supervision of Accounting process (Reconciliations, month/year end closings, operations with government authorities, document control)
- General TB/GL analysis, identifying necessary adjustments (balances, slow movements, aging, erroneous entries)
- Posting missing entries and necessary balance/P&L adjustments during closing period, correcting erroneous entries
- Software capabilities analysis/improvements (accounting, reporting, miscalculation, limitations, data integration)
- Monitoring the business procedures conformity
- Preparation of Annual budgets of Business units
- Product based/Branch based profitability, Revenue, Expense and purchases analysis (trend, timeliness, recognition etc.)
- Preparation of standalone and consolidated financial statements
- Providing ad hoc reports for management
- Srgroupco.com
FINANCIAL CONTROL SPECIALIST/LEAD SPECIALIST
MKT IK LLC
Baku, Azerbaijan
10.2018 - 06.2021
- Company Overview: www.mktcotton.com
- Budget preparation
- Weekly General TB and GL analysis (balances, movements), control of recordings (detecting erroneous entries, maintaining adjustments)
- Product based/Branch based profitability, Purchases, Revenue and Expenditure recognition analysis (timeliness, category)
- Software capabilities analysis/improvements (accounting, reporting, miscalculation, limitations, data integration)
- Balance check (Bank reconciliations, cash count, remote and on-site inventory count, aging, slow moving items)
- Providing data for internal/external audit
- Random document control (Contract, invoice etc.)
- Providing ad hoc reports for management
- Www.mktcotton.com
BUDGET AND REPORTING SPECIALIST
MKT IK LLC
Baku, Azerbaijan
05.2018 - 09.2018
- Company Overview: www.mktcotton.com
- Preparation of annual budget
- Directing Accounting division in recognition of expenditure through control on the source documents
- Variance analysis, Investigating and reporting the causes, suggesting necessary actions
- Weekly General TB and GL analysis (balances, movements), control of recordings (detecting erroneous entries, maintaining adjustments)
- Preparation of weekly, monthly and annual financial statements
- Providing data for internal/external audit
- Providing ad hoc reports for management
- Www.mktcotton.com
ACCOUNTANT/BUDGET AND REPORTING SPECIALIST
GILAN AGRICULTURE GROUP
Baku, Azerbaijan
02.2017 - 04.2018
- Company Overview: www.gilanholding.com
- Posting accounting entries for purchases/Payroll and other admin Expenses, adjustments of inventory balances
- Implementing bank/AR/AP reconciliations, posting necessary adjustments
- Implementing month end/year end closings, posting necessary entries
- Preparation of Annual budgets of Business units
- Weekly control of recordings (detection/correction of erroneous entries)
- Preparation of weekly, monthly and annual financial statements of Business units
- Monthly/quarterly/annual Budget vs Actual analysis/Reporting, Investigating and reporting the causes of deviations, suggesting necessary actions
- Participation in ERP application
- Participation in preparation of the Group's 5 years' Strategic plan
- Participation in internal and external audit processes
- Providing ad hoc reports for management
- Www.gilanholding.com
BUDGET AND FINANCIAL CONTROL SPECIALIST
CENTRAL BANK OF AZERBAIJAN
Baku, Azerbaijan
11.2014 - 01.2017
- Company Overview: https://www.cbar.az/
- Preparation of annual budgets of CBAR
- Controlling the budgeted expenses
- Monthly/quarterly/annual Budget vs Actual analysis/Reporting, Investigating and reporting the causes of deviations, suggesting necessary actions
- Carrying out the tasks within Activity Based Costing/Management project
- Participation in Procurement process as a member of Procurement Commission
- Providing ad hoc reports for management
- Https://www.cbar.az/
Education
ACCA STUDENT -
06.2025
PMS (IFRS) -
06.2025
CIMA CERTIFICATE IN BUSINESS ACCOUNTING -
12.2018
MSC - ACCOUNTING AND FINANCIAL MANAGEMENT
University of Essex
Colchester, United Kingdom06.2014
BSC - INTERNATIONAL ECONOMICS
Qafqaz University
Baku, Azerbaijan06.2011
SECONDARY SCHOOL CERTIFICATE -
Nakhchivan Turkish High School
Nakhchivan, Azerbaijan06.2007
Skills
- 1C
- Microsoft Office
- Logo
- Tiger 3
- Logix
- Effective communication
- Problem solving
- Financial management
Personal Information
- Date of Birth: 06/12/89
- Gender: Male
- Nationality: Azerbaijani
Languages
Azerbaijani, English, C1, C1, C1, Turkish, C2, C2, C2, Russian, A2, A1, A2
Driving Licence
- B
- C
Military Service
07/01/11, 06/01/12
Languages
English
Advanced
C1
Russian
Elementary
A2
Turkish
Proficient
C2
Timeline
FINANCIAL CONTROLLER
AZERI MI LLC
12.2024 - Current
SENIOR BUDGET ANALYSIS AND REPORTING SPECIALIST (MANAGER IN CHARGE)
MATANAT A GROUP OF COMPANIES
04.2024 - 12.2024
FINANCE MANAGER
SABAH FC
06.2022 - 08.2023
CHIEF ACCOUNTANT
SR CONSTRUCTION CO.
04.2022 - 06.2022
GROUP FINANCIAL CONTROLLER
SR GROUP CO.
06.2021 - 03.2022
FINANCIAL CONTROL SPECIALIST/LEAD SPECIALIST
MKT IK LLC
10.2018 - 06.2021
BUDGET AND REPORTING SPECIALIST
MKT IK LLC
05.2018 - 09.2018
ACCOUNTANT/BUDGET AND REPORTING SPECIALIST
GILAN AGRICULTURE GROUP
02.2017 - 04.2018
BUDGET AND FINANCIAL CONTROL SPECIALIST
CENTRAL BANK OF AZERBAIJAN
11.2014 - 01.2017
ACCA STUDENT -
PMS (IFRS) -
CIMA CERTIFICATE IN BUSINESS ACCOUNTING -
MSC - ACCOUNTING AND FINANCIAL MANAGEMENT
University of Essex
BSC - INTERNATIONAL ECONOMICS
Qafqaz University
SECONDARY SCHOOL CERTIFICATE -
Nakhchivan Turkish High School