Overview
Work History
Education
Skills
Certification
LANGUAGES
Timeline
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KHURAMAN T. ZULALOVA

KHURAMAN T. ZULALOVA

Baku

Overview

21
21
years of professional experience
1
1
Certification

Work History

Chief Accountant

AGROLINE AZ LLC
04.2021 - Current
  • Supervising the Accounting Staff
  • Organization of financial accounting.
  • Responsible for the preparation of financial reports (Income statement, Balance sheet, Cash Flow and Statement of changes in equity), monitoring accounts and preparing activity reports and financial forecasts.
  • Verification of transactions made on Tapagro ERP system.
  • Preparation and submission of monthly sales reports to the founders and management.
  • Preparation and submission of information and Financial Statements to banks and credit institutions.
  • Monitoring the timely payment of loans to banks and founders.
  • Confirmation of all payments to creditors, preparation of foreign transfers.
  • Calculation of cost of goods and preparation of Gross Profit Report.
  • Registration of fixed and intangible assets and calculation of depreciation.
  • Preparation of annual budgeting plan and forecasts.
  • Controlling the submission of tax reports, social fund reports and statistical reports within the time frame set by the legislation.
  • Preparing Company’s strategic plan.
  • Performing other tasks assigned by management.

Owner and Director

Hospitality Group LLC
11.2019 - 04.2021
  • Responsible for all Company’s management and finance.
  • Responsible for the reviewing financial reports, monitoring accounts and preparing activity reports and financial forecasts.
  • Preparing Company’s strategic plan.
  • Controlling income, cash flow and expenditures.
  • Undertaking research into pricing, competitors and factors affecting performance
  • Supervising staff.

Finance Director

Groupone LLC
05.2019 - 09.2019
  • Responsible for the reviewing financial reports, monitoring accounts and preparing activity reports and financial forecasts.
  • Providing financial reports and interpreting financial information to managerial staff while recommending further courses of action.
  • Advising on investment activities and provide strategies that the company should take
  • Controlling income, cash flow and expenditure
  • Undertaking research into pricing, competitors and factors affecting performance
  • Carrying out business modeling and risk assessments
  • Supporting the development of long-term organizational strategy
  • Supervising staff
  • Liaising with managerial staff and other colleagues.

Head of Accounting Department

AzFinance Investment Company CJSC
10.2018 - 05.2019
  • Responsible for the reviewing financial reports, monitoring accounts, and preparing activity reports and financial forecasts
  • Providing financial reports and interpreting financial information to managerial staff while recommending further courses of action
  • Advising on investment activities and provide strategies that the company should take
  • Controlling income, cash flow and expenditures
  • Supervising staff


Chief Accountant

AzFinance Investment Company CJSC
10.2014 - 10.2018
  • Responsible for the accounting functions of Investment Company, recording all financial information into accounting system;
  • Provision of timely and relevant accounting information, advice and explanations to the Management Team;
  • Responsible for preparation and submission reports to FIMSA, Gilan Holding Finance Department , Tax Department, SSPF, Statistic Committee;
  • Responsible for preparation of budgets, forecasts, financial statements including Profit and Loss report, Balance sheet, Cash Flow etc. according to IFRS standarts;
  • Processing the monthly payroll in accordance with legislation;


Accountant

ASCO Caspian Holdings, S.A.
03.2011 - 03.2014
  • Responsible for the accounting functions of the Caspian (Azerbaijan and Georgia) businesses both local and international;
  • Assistance in preparation of accurate monthly management accounts;
  • Involvement into the preparation of budgets, forecasts and business plans, including profit and loss accounts;
  • Provision of timely and relevant accounting information, advice and explanations to the management team;
  • Receiving and checking of purchase invoices according to the purchase orders and contracts;
  • Recording of PO, purchase invoices and other relevant accounting information into accounting system;
  • Preparation of accrual, prepayment, stock and other reports in monthly basis and make the entries to GL accounts;
  • Preparation of IFRS financial statements such as Statement of financial position, Statement of other comprehensive income, Statement of changes in equity, Statement of Cash flows;
  • Making the entries to 1C Accounting system;
  • Preparation of Tax and SSPF reports in accordance with local legislation;

Accountant Receivables

ASCO Caspian Holdings, S.A.
02.2010 - 03.2011
  • Responsible for preparation of the sales invoices with the proper backup documentation, ensure that all sales invoices are issued in a timely and accurate manner;
  • Ensure timely collection of receivables; making sure that the customers pay in accordance with contracted terms, minimize the amount of the old outstanding receivables;
  • Preparation of weekly aged debtors’ status report;
  • Responsible for accurate sales transaction recording into accounting system and 1C program, maintenance of sales invoice register, preparing the online tax forms (e-tax invoices);
  • Involvement into the preparation of budgets, forecast, including profit and loss accounts, balance sheets and cash flows, receiving and collection of the copies of VAT certificates from customers, replying to customers enquiries related to the sales invoices;
  • Maintaining of the sales ledger control account into accounting system and 1C program, control over VAT and WHT accounts on sales invoices, control over recharge account, responsible for the accrued income account;

Chief Accountant

Central Asia Business Consultants, Inc.
08.2008 - 02.2010
  • Responsible for the preparing of payment orders, tax reports. Working with Tax Department and State Social Protection Fund;
  • Calculation of salary and preparation of payroll report;
  • Record and maintain vacation & sick leave reports;
  • Prepare and balance month end journal entries, payroll and benefits billing and reconciliations;
  • Analyzing and verifying fiscal records and reports, preparing financial and statistical reports, preparing annual and mid-year budgets;
  • Best knowing of 1C software, preparing and submitting of sales invoices and submitting of purchase invoices, bank reconciliations into 1C software;
  • Preparing financial statements, payroll, financial controlling, financial reporting, tax consulting, tax declaration /VAT, Income tax;
  • Conducting the accounting and tax account, reporting, balance, preparing and update as needed, the accounting policies and procedures in line with the local requirements;

Audit Assistant

Central Asia Business Consultants, Inc.
06.2007 - 08.2008
  • Responsible for the preparing of payment orders, tax reports;
  • Working with Tax department and State Social Protection Fund;
  • Analyzing and verifying fiscal records and reports;
  • Preparing financial and statistical reports;
  • Providing information to clients regarding accounting practices and procedures and reconciling general ledger accounts;
  • Assists in preparing annual and mid-year budgets; prepares year-end audit reports and schedules, posting of exchange rates, sales and purchase invoices, bank and petty cash information into 1C program, etc.

PA to Managing Partner

Central Asia Business Consultants, Inc.
03.2006 - 06.2007

Assistant of the Head of Department of Foreign Languages

Western University
09.2004 - 09.2005

Education

Bachelor - Regional Political and Economical Studies

Western University
01.2004

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Turan College
01.1999

Skills

  • Knowledge of Microsoft Office, Tax and Labour Code, 1C Accounting Software, Open Account System
  • Knowledge of local legislation both PSA and non-PSA, extensive work experience in Accounting
  • Best knowledge and experience of IFRS reporting
  • Strong communication skills
  • Ability to manage multiple tasks while adhering to strict deadlines and producing quality work
  • Ability to identify priorities, co-ordinate resources and manage the performance of operations activities
  • Strong ability to drive change and be innovative

Certification

  • ICFM Diploma in IFRS (DipIFR)
  • Certificate in Finance and Accounting courses presented by International Business Management Institute, Berlin-Germany
  • Certificate in Advanced Accounting courses presented by “Central Asia Business Consultants, Inc.”
  • Certificate for a 40 hours course designed for specialist in Environmental Management by Norway Embassy, Statoil Absheron and Western University.


LANGUAGES

Fluent in English, Russian and Azeri
Beginning knowledge of Spanish

Timeline

Chief Accountant

AGROLINE AZ LLC
04.2021 - Current

Owner and Director

Hospitality Group LLC
11.2019 - 04.2021

Finance Director

Groupone LLC
05.2019 - 09.2019

Head of Accounting Department

AzFinance Investment Company CJSC
10.2018 - 05.2019

Chief Accountant

AzFinance Investment Company CJSC
10.2014 - 10.2018

Accountant

ASCO Caspian Holdings, S.A.
03.2011 - 03.2014

Accountant Receivables

ASCO Caspian Holdings, S.A.
02.2010 - 03.2011

Chief Accountant

Central Asia Business Consultants, Inc.
08.2008 - 02.2010

Audit Assistant

Central Asia Business Consultants, Inc.
06.2007 - 08.2008

PA to Managing Partner

Central Asia Business Consultants, Inc.
03.2006 - 06.2007

Assistant of the Head of Department of Foreign Languages

Western University
09.2004 - 09.2005

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Turan College

Bachelor - Regional Political and Economical Studies

Western University

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KHURAMAN T. ZULALOVA