Summary
Overview
Work History
Education
Certification
PERSONAL QUALITIES
Timeline
Generic
JEYHUN ISGANDARLI

JEYHUN ISGANDARLI

Senior Economist
Baku

Summary

Senior Economist with 6+ years of experience in financial analysis, operational efficiency, and corporate reporting in the energy sector. Skilled in financial modeling, variance analysis, and KPI monitoring, with proven ability to optimize processes and support executive decision-making. Recognized with SOCAR’s Specialist of the Year Award (2022).

Overview

10
10
years of professional experience
18
18
Certifications
4
4
Languages

Work History

Senior Economist

State Oil Company of Azerbaijan Republic (SOCAR)
Baku
04.2024 - Current

Operational Efficiency Analysis & Optimization Division

  • Identified cost-saving opportunities through rigorous expense analysis, resulting in increased profitability for the organization.
  • Analysis of financial indicators and increasing operational efficiency of legal entities included in the SOCAR Group;
  • Variance analysis of financial statements of legal entities, as well as implementation of plan–fact analysis;
  • Monitoring the implementation of the approved budget, providing feedback and analyzing deviations compared to actual indicators;
  • Conduct additional economic and technical analyzes and prepare proposals for increasing the effectiveness of operational efficiency and cost optimization in legal entities through financial analysis indicators;
  • Conducting analyzes of KPIs and performance targets monthly, timely informing the management about deviations from the target.

Business Analyst

SOCAR Upstream Management International LLC
11.2023 - 03.2024
  • Building economic–financial models for offshore projects and capital budgeting through discounted cash flow analysis, for Garabagh and ACG Area reporting to group leader;
  • Delivering economic indicators of projects such as NPV, IRR, Capital Efficiency, Maximum Funds Exposure, Break–even price per barrel, Discounted Pay–out time etc. in both nominal and real terms, calculating tax;
  • Preparing sensitivity analysis of different parameters – Crude oil Price, Recoverable reserves, CAPEX, OPEX, Discount rate, tax rate etc. on main cash flow and investment efficiency economic indicators;


Senior Economist

Economic Indicators and Financial Modelling Division
09.2020 - 11.2023
  • Analyzed the economic indicators and financial modeling.
  • Participated in the reports optimization and regulation project.
  • Analyzed the group’s financial statements.
  • Performed oil price analysis and forecasting.
  • Prepared annual and quarterly financial analytic reports for the authority.
  • Conducted an evaluation of the company in comparison with the similar international oil companies.
  • Prepared financial reports in Power BI for the Top Management.

Economist

Economic Indicators and Financial Modelling Division
05.2019 - 09.2020
  • Analyzed the economic indicators and financial modeling.
  • Analyzed the group’s financial statements.
  • Performed oil price analysis and forecasting.
  • Prepared annual and quarterly financial analytic reports for the authority.
  • Conducted an evaluation of the company in comparison with the similar oil companies.
  • Analyzed the NPV model.

Adjunct Lecturer

Khazar University
09.2019 - Current
  • “Introduction to Economics”

Intern

Kapital Bank
04.2016 - 05.2016
  • Credit division

Intern

Bank of Azerbaijan
04.2015 - 05.2015
  • Operation division

Education

Master of Science - Finance and Investment Management

University of Aberdeen
United Kingdom
04.2001 -

Bachelor Degree - Finance

Azerbaijan State University of Economics
Azerbaijan
07-2016

Certification

  • – SOCAR LCNDD Honorable Award – Specialist of The Year (2022)
  • – McKinsey Forward Program certificate (2022)
  • – ACCA Financial Reporting (F7)
  • – Business Management School (BMS) – “Agile Business Process Management”
  • – “New Idea VI” startup competition by BP – IV place
  • – Thomson Reuters Eikon 4 Certification
  • – Thomson Reuters Datastream Certification
  • – Corporate Finance Institute (CFI):

PERSONAL QUALITIES

  • Excellent work ethic
  • Quick adaptation to the environment
  • Prone to personal development
  • Eager to learn
  • Ability to work with a team
  • Good communication skills
  • Responsible and diligent
  • Working in a stressful work environment
  • Attention to details
  • Results–based work

Timeline

Senior Economist

State Oil Company of Azerbaijan Republic (SOCAR)
04.2024 - Current

Business Analyst

SOCAR Upstream Management International LLC
11.2023 - 03.2024

Senior Economist

Economic Indicators and Financial Modelling Division
09.2020 - 11.2023

Adjunct Lecturer

Khazar University
09.2019 - Current

Economist

Economic Indicators and Financial Modelling Division
05.2019 - 09.2020

Intern

Kapital Bank
04.2016 - 05.2016

Intern

Bank of Azerbaijan
04.2015 - 05.2015

Master of Science - Finance and Investment Management

University of Aberdeen
04.2001 -

Bachelor Degree - Finance

Azerbaijan State University of Economics
JEYHUN ISGANDARLISenior Economist