Farid Nabiyev
Summary
PERSONAL SUMMARY: Hardworking and goal-oriented professional with extensive understanding of economic theory and its practical implications. Experienced in undertaking analytic work and research projects with minimal supervision control, work in a team environment with multiple tasks and tight deadlines. Possess ability to transform complex data into comprehensible form to stakeholders. No sponsorship required for job enrollment.
Overview
12
12
years of professional experience
Work History
Budget Control and Reporting Senior Specialist
Alat Free Economic Zone
04.2023 - Current
- Budget 2023 flawless control, data visualization and monthly reporting of actual, remaining indicators
- 2024-2027 forecast plan for both on-site infrastructure and administrative building, thorough information request from departments budget responsible representatives
- Quarterly reports preparation for Ministries of Economy and Ministry of Finance and their consistent presentation
- Budget policy composition and its implementation according to best international standards
- Strong support in ERP system set up, accounting policy, supply chain map organization and key contributions to procurement procedures composition.
- Participated in team projects, demonstrating an ability to work collaboratively and effectively.
Head of Budget and Planning
AzerGold CJSC
02.2020 - 04.2023
- Manage the financial aspects of budgeting: budget formulation, control and reporting
- Monthly consistent preparation of statement of financial position, cash flow statement, quarterly analysis of actual costs and revenues presented to Azerbaijan Investment Holding
- Reduced overtime Opex and Capex 7 Mln Azn in 2020 by analyzing yearly budget matrix, identifying and resolving budget-to-actual discrepancies
- Yearly budget plan preparation with data consolidation of 16 departments future commitments for 6 consecutive years starting 2018
- Budget coherent planning with variance of 1-10% off overall planned spending amount within 5 years of work, active participation on meetings with Budget Committee and proposals to mitigate risks of overspending in
- Developed and maintained courteous and effective working relationships.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
- Managed time efficiently in order to complete all tasks within deadlines.
Specialist - Senior Specialist
AzerGold CJSC
04.2017 - 02.2020
- Manage the financial aspects of budgeting: budget formulation, control and reporting
- COGS report presentation to, following previous and current years data analysis
- Annual accurate stock remaining control, data consolidation with further costs optimization regarding pre-approved procurement plan
- Consistent quarterly reports presentation to Ministry of Economy, including cash balance, construction works and fixed assets position
- Manage warehouse system and flawless material control both in Central and Regional warehouses, inventory control on site in October, December 2017 and reporting significant changes in count to Management
- Manage financial data in course of sales and production costs quarterly, responsibility for company's financial reforecasting processes
Financial Accounting Senior Specialist
Olympic Committee, Baku 2017 Islamic Solidarity Games
11.2015 - 04.2017
- Arranges complex and detailed track of flights, stay expenses of international staff all over global locations indicated in contract terms, immediate cooperation with legal division for amendments to be made in contracts
- Sufficient monitoring of payables and their updates in statement of financial position
- Close participation in process of large scale payment operations consisting of diverse Games ceremony services above 1 mln$ and their efficient control
- Success in negotiation with bank representatives and closing contact agreement on provision of necessary equipment for ticketing sales operations within a month period
- Over 1000 salary cards order both for local and international payroll staff, monthly on time delivery of accounts up to salary payroll deadline date, consistent support for bank related issues
- Reason of resigning: end of the project period
Financial Planning Analyst
Baku 2015 European Games Operation Committee, Olympic Committee
07.2014 - 07.2015
- Delivering Operations, Logistics and Venue Management team comprehensible data about upcoming targets to manage within assigned budget lifetime
- Composing last version of Budget expenditures for all committee departments of BakuEuropean Games and introducing the detailed structure to Ministry of Finance
- Raising accounts balances and remaining amounts to sum up budget month end-process without any deficiencies
- Making monthly projections and consistent track of FF&E contracts obligations above 2mln$
- Meetings with leaders of Logistics, Venue Management areas concerning financial issues and finding solutions to anticipated risks
- Reporting crucial changes and monthly statements to the Finance Senior Manager and Finance Head
- Reason of resigning: end of the project period
Economic Analyst
Baku 2015 European Games Operation Committee
10.2011 - 06.2014
- Performing economic capital analysis mainly at water sewage system construction projects based in regions close to occupied Karabakh areas and other financial analysis when required
- Highlighting to senior managers the implications of financial projects and strategies
- Identifying serious financial imbalances inside work scope of Goranboy town school renovation and immediate response to resolve the issue with reporting to Operations Manager
- Contributing to the preparation of periodic analyses and reports to Ministry of Economy and State Statistics Committee
Procurement Associate
Azerbaijan Republic Agency for Rehabilitation and Reconstruction of Areas
10.2011 - 06.2014
- Financial and technical evaluation of nominee contractors with further reporting to Tender Commission
- Reports preparation for each phase of actual construction works with concordance to World Bank legal framework
- Reason of resigning: lack of career opportunities
Education
MBA - Business Administration
Khazar University
Azerbaijan04.2014
Bachelor of Science - Accounting and Audit
Azerbaijan State Economic University
Azerbaijan06.2011
Skills
- KEY COMPETENCIES
- Proper knowledge of economics and business-base subjects
- Client focused with professional communication skills
- Ability to handle multiple tasks simultaneously
- Decision making
- Research analysis
- Attention to detail
- Complex Problem-Solving
- Economic Influence Assessments
- COMPUTER and LANGUAGE SKILLS:
- Microsoft Office programs (Certificate from “Azlanit”) -Word, Excel, Power Point, Outlook; Adobe Acrobat, SAP B1 Systems, Power BI, Sun Systems, 1C 83 user
- English (fluent - IELTS 75)
- French (A2), Turkish (intermediate)
Certification
- CMA - Certified Management Accountant-student
- ACCA - Association of Chartered Certified Accountants-student ( AB, FA, MA, LW, FR candidate )
- "Planning and Organizing", "Conducting Effective Meetings", "Presentation Skills" Training - October 2014
- SAP FICO Training - December 2016, UK, London
- “Adaptation to IFRS” Training - September 2019, Turkey, Istanbul
Science and nature magazines, football
"Smithsonian", "Naked science", "Science and Life" magazines
Playing football with colleagues and friends on weekly basis
Languages
Azeri, Russian
Native language
English
Advanced
C1
French
Elementary
A2
Turkish
Intermediate
B1
Timeline
Budget Control and Reporting Senior Specialist
Alat Free Economic Zone
04.2023 - Current
Head of Budget and Planning
AzerGold CJSC
02.2020 - 04.2023
Specialist - Senior Specialist
AzerGold CJSC
04.2017 - 02.2020
Financial Accounting Senior Specialist
Olympic Committee, Baku 2017 Islamic Solidarity Games
11.2015 - 04.2017
Financial Planning Analyst
Baku 2015 European Games Operation Committee, Olympic Committee
07.2014 - 07.2015
Procurement Associate
Azerbaijan Republic Agency for Rehabilitation and Reconstruction of Areas
10.2011 - 06.2014
Economic Analyst
Baku 2015 European Games Operation Committee
10.2011 - 06.2014
MBA - Business Administration
Khazar University
Bachelor of Science - Accounting and Audit
Azerbaijan State Economic University
- CMA - Chartered Management Accountant-student
- ACCA - Association of Chartered Certified Accountants-student ( AB, FA, MA, LW, FR candidate )
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