Isa Abdullayev
Baku,Azerbaijan
Summary
Experienced finance professional with expertise in supply chain finance, ERP systems, and tax planning strategies. Proficient in cost management, budget development, and financial reporting standards, with a strong focus on cash flow management and financial modelling. Adept at implementing effective financial strategies to optimise organisational performance and ensure compliance with industry standards. Committed to leveraging advanced financial skills to drive sustainable growth and operational efficiency.
Overview
11
11
years of professional experience
6
6
years of post-secondary education
Work history
Chief Financial Officer
Azermash CP
11.2024 - Current
- Oversaw full-cycle financial management, including budgeting, forecasting, and IFRS-compliant reporting.
- Coordinated internal and external audits to ensure adherence to accounting standards.
- Conducted financial analysis and investment evaluations to inform strategic decisions.
- Managed cash flow, CAPEX, and resource allocation to enhance operational efficiency.
- Supervised finance and accounting teams, conducting training and performance appraisals.
- Led ERP system design and prepared functional requirements for effective implementation.
- Implemented tax optimisation strategies to maximise financial benefits.
- Directed projects with expatriate teams to ensure seamless execution and coordination.
Group Budgeting and Reporting Manager
Pasha Development LLC
Baku, Azerbaijan
06.2023 - 01.2026
- Directed audit processes, ensuring preparation of half-year and annual Consolidated Financial Statements compliant with IFRS standards.
- Resolved external auditors’ inquiries, providing timely and accurate responses throughout reporting levels.
- Led audit and reporting for foreign subsidiaries, coordinating external consultants to optimise reporting, including IFRS compilation and Property Valuations.
- Oversaw collaboration with foreign subsidiary auditors to align with international standards and company policies.
- Managed annual budget preparation, analysing actual versus budget performance to support informed decision-making.
- Directed financial forecasts and projections to enhance strategic planning, reviewing management reports and budgets of group companies.
- Reviewed financial statements of subsidiary companies, ensuring accuracy and consistency across all reporting entities.
Internal Audit Manager
Norm OJSC
Baku, Azerbaijan
01.2023 - 06.2023
- Led planning and execution of financial and operational audits from inception to reporting.
- Finalised three audit projects: Cash Management, CAPEX, and Cement Production.
- Prepared reports detailing observations, comments, and recommendations based on findings.
- Supervised and developed less experienced staff, conducting periodic performance appraisals.
Head of Analysis Division (Head of reporting & budgeting)
Azerbaijan Deposit Insurance Fund
Baku, Azerbaijan
05.2022 - 01.2023
- Prepared monthly financial statements for ADIF, ensuring accuracy and compliance.
- Reviewed financials for banks in liquidation to identify discrepancies.
- Compiled analyses of deposits and payment plans for banks undergoing liquidation.
- Developed budgets alongside actual versus budget reports for financial clarity.
Manager at Office of Strategy Management (Finance Manager)
Gilan Holding
Baku, Azerbaijan
03.2019 - 05.2022
- Reviewed budgets and established targets, conducting actual versus budget comparisons with management.
- Controlled asset valuation processes while managing sales and making strategic decisions.
- Led projects aimed at cost optimisation and merger activities, monitoring business unit performance.
- Engaged in strategic investment and divestment decisions, assisting business units with financing matters.
- Performed financial analyses, providing technical support for financial reporting in business units.
- Supported performance management by selecting relevant KPIs and creating visualisations for Holding Reports in Power BI Dashboard.
Lecturer
Azerbaijan State Economic University
, Azerbaijan
01.2020 - 01.2022
- Financial Reporting Lecturer (English and Azerbaijani classes)
- Financial Accounting Lecturer (Azerbaijani class)
Senior Internal Auditor 2
Gilan Holding
Baku, Azerbaijan
10.2016 - 02.2019
- Lead the planning and execution of financial, compliance, and operational audits.
- Lead and review the junior staff regarding the understanding of the business and testing procedures.
- Auditing Financial, HR, Procurement, Field Operations and overall Due Diligence of the business units’ intragroup transfers.
- Preparing reports containing observations, comments and recommendations based on carried out work.
- Regularly perform review of financial statements, accounting policies and instructions to the staff.
- Perform gap analyses of internal controls, walkthrough and graphically draw of flowcharts, evaluation of effectiveness and identification of the deficiencies at BU and HQ levels.
- Engage in the internal audit of Agricultural Group, Industrial Group, Construction Group and other business units of the Holding as a team leader.
- Responsible for the daily supervision, development and periodical appraisal of performance of less experienced staff.
- Actively participated in implementation of internally developed ERP system in group and business unit levels from its early stages, held trainings, monitored implementation process and performed audit over the system.
Experienced Audit Associate
Baker Tilly Azerbaijan Limited
Baku
11.2014 - 10.2016
- - Implemented audit procedures to sections of financial statements.
- - Interviewed clients to gather an understanding of the business processes, the controls implemented and determined whether established controls are effective.
- - Reviewed client accounting and operating procedures and systems of internal control.
- - From early stages of assistant level, successfully participated in external audit engagements of several industries (Oil and Gas, Manufacturing, Retail, Logistics, World Bank Projects).
- - Prepared financial statements and relevant disclosure notes.
- - Performed successful audit procedures with more preference on analytical procedures.
- - My performance was evaluated as highly-effective regularly during mid and final appraisals.
Education
ACCA
MBA - Master of Business Administration - Finance
Azerbaijan State Economics University
Baku, Azerbaijan 01.2014 - 01.2016
BSc - Economics
Azerbaijan State Economics University
Baku, Azerbaijan 01.2010 - 01.2014
Skills
- Supply chain finance understanding
- ERP systems use
- Tax planning and strategy
- Cost management strategies
- Budget development
- Financial reporting standards
- Cash flow management
- Financial modelling
LANGUAGE SKILLS
Azerbaijani: Native
Native
Turkish:
Fluent
English:
Fluent
Russian
Upper intermediate
TRAININGS & CERTIFICATES
- ACCA - FA, MA, FAU, LW, PM, TX, FR, AA, FM exams completed
- Professional Accounting Certificate (PMS 1 , 2)
- Advanced MS Excel & VBA Training
- Supply Chain Management
- Tax accounting principles
- Optimization of Business Processes and Data Analysis
- IELTS (7 score - expired)
Timeline
Chief Financial Officer
Azermash CP
11.2024 - Current
Group Budgeting and Reporting Manager
Pasha Development LLC
06.2023 - 01.2026
Internal Audit Manager
Norm OJSC
01.2023 - 06.2023
Head of Analysis Division (Head of reporting & budgeting)
Azerbaijan Deposit Insurance Fund
05.2022 - 01.2023
Lecturer
Azerbaijan State Economic University
01.2020 - 01.2022
Manager at Office of Strategy Management (Finance Manager)
Gilan Holding
03.2019 - 05.2022
Senior Internal Auditor 2
Gilan Holding
10.2016 - 02.2019
Experienced Audit Associate
Baker Tilly Azerbaijan Limited
11.2014 - 10.2016
MBA - Master of Business Administration - Finance
Azerbaijan State Economics University
01.2014 - 01.2016
BSc - Economics
Azerbaijan State Economics University
01.2010 - 01.2014
ACCA