MURAD MAMMADOV

- Lead the development and implementation of the internal audit strategy and annual audit plans, aligned with the Agency's overall goals and objectives;

- Ensure that internal audit activities comply with applicable laws, regulations, and international auditing standards;

- Oversee the preparation of detailed audit reports, including actionable recommendations to enhance operational effectiveness and ensure alignment with Agency’s priorities;

- Evaluate and strengthen the internal control systems to ensure the effective management of state assets

- Ensure that all audit recommendations and identified issues are followed up systematically with relevant departments and stakeholders and track the implementation of corrective actions;

- Collaborate with external auditors, regulators, and other government agencies to ensure coordinated and effective audits, providing assurance on financial reporting and operational integrity;

- Mentor and train audit staff to strengthen internal audit capabilities and ensure the team remains aligned with evolving government regulations and best practices;

- Review and evaluate risk based internal controls and operating practices;

- Review and evaluate adequacy and effectiveness of the systems;

- Develop practical solutions to problems arising in business and financial operations;

- Create audit schedules and plans for the internal audit staff;

- Lead, direct and guide audit staff;

- Review and evaluate audit programs to achieve audit objectives;

- Review and assess the work of audit staff;

- Assess the audit findings and initiate corrective measures to ensure effectiveness in financial system of operations;

- Prepare audit reports including the audit findings and appropriate corrective actions initiated for the top management;

- Ensure, track, and monitor appropriate follow-up actions;

- Ensure best practices, standards, and procedures of the company in all audit operations.

- Participation in making management decisions and determining their economic feasibility;

- Analysis of reports and various data (both qualitative and quantitative) for

analyzing the financial condition of the Bank;

- Providing recommendations to the Bank's management on the effectiveness of expenses, capital investments, etc .;

- Development and maintenance of a database for the purpose of analyzing the efficiency of the Bank;

- Providing support and regular updating of the Bank’s strategic model;

- Participation in the analysis of the effectiveness of the Bank.

- Accounting, purchase, write-off and sale of the fixed assets and low price assets;

- Conducting annual inventory of the fixed assets and low price assets;

- Control and analysis, entering the data into ABS (Automated Bank System) and carrying out subsequent payments of the Bank’s administrative and management costs;

- Tax accounting, preparation of the tax declarations and daily control over the tax payments;

- Preparation of the relevant normative documents (instructions, methodologies, etc.) for the Accounting Office;

- Management of accounting and reporting operations in the company;

- Preparation of the annual budget and control over its implementation;

- Preparation of reports for the Tax and Control Chamber of the Financial Market and Social Fund of Statistics Committee;

- Conducting monthly reconciliations with insurers, making payments of insurance premiums and commissions;

- Calculations of wages, charges and transfers of taxes and fees to the budgets of different levels, payments to banking institutions;

- Conduction of all the payments on administrative costs based on contracts and invoices;

- Conduction of the accounting records and making payments on the issued funds and funds raised from resident, non-resident banks and financial institutions;

- Tax accounting;

- Conducting annual inventory of the fixed assets and low price assets

- Budget control

- Confirmation of purchase orders for fixed assets, low price assets, stationery and other goods based on the budget

- Working in the SAP project, particularly, on MM and Fİ modules. Development of processes in the corresponding modules for new software

- Registration of bank documents according to the current legislation;

- Opening, management and closing of settlement accounts for individuals and legal entities;

- Non-cash transactions for the procedures of crediting and writing-off money; Conduction of deposits and plastic cards operations;

- Giving advice to depositors and clients of the bank regarding the choice of deposits, interest rates, tariffs and services provided by the bank.