Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Nargiz Alizada

Baku,BA

Summary

Dynamic Financial Accounting Manager with extensive experience at Azerbaijan Supermarket LLC, excelling in financial reporting and analysis. Overseeing accounting operations, managing financial reporting, budgeting, and ensuring compliance with regulations. Adept at leading teams, improving processes, and delivering accurate financial statements. Proven ability to collaborate across departments and contribute to the strategic financial goals of the organization.

Overview

8
8
years of professional experience

Work History

Financial Accounting Manager

Azerbaijan Supermarket LLC
Baku, Azerbaijan
02.2024 - Current
  • Analysing and presenting financial reports
  • Analyze and interpret financial data
  • Oversee accounting daily opperations
  • Assist with preparing quarterly financial forecasts
  • Capital assets reconciliations
  • Ensure accuracy throughout the financial record
  • Financial statement analysis
  • Hire and train new accounting employees
  • Regulatory compliance
  • Managing financial systems
  • Produce financial statements and reports
  • Accounts payable and receivables
  • Assign projects between accounting staff members
  • Budgeting and forecasting
  • Complete quarterly or annual audits
  • Financial analysis
  • General ledger
  • Liaise with auditors for annual monitoring
  • Manage the consolidation of financial data from multiple entities, ensuring accuracy and timely reporting.
  • Supervise Accounting Team
  • Supervise month-end and year-end closing
  • Organize financial data into useable information and maintain updated records
  • Responsible for creating and communicating key financial and business analysis/support to management on capital expenditure, depreciation and stock (inventory non-merchandise & construction) trends
  • Other related tasks assigned by the Line Manager

Team Leader, Finance

Azerbaijan Supermarket LLC
Baku, Azerbaijan
04.2023 - 01.2024
  • Team Leadership & Management:
    Lead, motivate, and manage a team of financial accountants and analysts, fostering a positive and collaborative work environment.
    Provide coaching, training, and development opportunities to enhance the performance and skill set of the finance team.
    Conduct performance reviews, provide feedback, and set goals for team members to align with departmental objectives.
  • Financial Reporting & Analysis:
    Oversee the preparation of accurate and timely financial reports, including monthly, quarterly, and annual statements.
    Ensure financial statements comply with accounting standards (GAAP, IFRS) and company policies.
    Lead the month-end and year-end closing processes, ensuring proper reconciliation and reporting of financial data.
    Analyze financial results, identify trends, and provide insights to senior management for decision-making purposes.
  • Operational Efficiency & Process Improvements:
    Review and optimize financial processes to ensure efficiency, accuracy, and compliance with internal controls.
    Identify areas for improvement in financial operations and implement best practices to streamline workflows and reduce errors.
    Drive automation and system enhancements to increase the efficiency of financial processes and reporting.
  • Budgeting & Forecasting:
    Assist in the preparation and management of budgets and forecasts, collaborating with senior leadership to align financial planning with business goals.
    Monitor and report on budget variances, providing recommendations for corrective actions as needed.
  • Internal Controls & Compliance:
    Ensure compliance with all financial regulations, company policies, and accounting standards.
    Monitor internal controls and implement measures to safeguard the company’s financial assets.
    Coordinate with internal and external auditors, ensuring accurate and timely audit processes.
  • Cross-Functional Collaboration:
    Work closely with other departments (e.g., operations, sales, HR) to ensure the alignment of financial goals and objectives across the organization.
    Provide financial guidance and support for business decisions, ensuring financial performance is closely tied to overall business strategy.
  • Risk Management:
    Identify financial risks and develop strategies to mitigate potential financial risks.
    Provide strategic recommendations for risk reduction and ensure compliance with regulatory changes.

Senior Financial Accountant

Azerbaijan Supermarket LLC
Baku, Azerbaijan
08.2022 - 03.2023
  • Coordinating accounting functions and programs.
  • Preparing financial analyses and reports.
  • Preparing revenue projections and forecasting expenditures.
  • Assisting with preparing and monitoring budgets.
  • Maintaining and reconciling balance sheet and general ledger accounts.
  • Assisting with annual audit preparations.
  • Investigating and resolving audit findings, account discrepancies, and issues of noncompliance.
  • Preparing federal, state, local, and special tax returns.
  • Contributing to the development of new or amended accounting systems, programs, and procedures.
  • Performing other accounting duties, and supporting junior staff, as required or assigned.

Advanced Accountant

Azerbaijan Supermarket LLC
Baku, Azerbaijan
03.2022 - 07.2022
  • Financial Reporting & Analysis:
    Prepare, review, and maintain accurate and timely financial statements, including balance sheets, profit & loss statements, and cash flow statements.
    Perform monthly, quarterly, and annual closing processes, ensuring all transactions are recorded and reconciled properly.
    Assist in preparing budgets and forecasts, providing regular reports on financial performance and variances.
  • General Ledger Management:
    Manage and update the general ledger, ensuring all financial transactions are accurately recorded.
    Perform regular bank reconciliations and balance sheet reconciliations to maintain the accuracy of financial records.
    Investigate and resolve discrepancies in the ledger and financial reports.
  • Accounts Payable & Receivable:
    Oversee accounts payable and receivable processes, ensuring timely payments and collections.
    Review invoices and payments to ensure accuracy, compliance, and proper approvals.
    Ensure all payments are made on time to avoid penalties and interest.

Fixed Assets Accountant

Azerbaijan Supermarket LLC
Baku, Azerbaijan
11.2020 - 02.2022
  • Maintained general ledger accounts by reconciling sub-ledger balances to the general ledger on a monthly basis.
  • Performed reconciliations of accounts payable and receivable and bank statements.
  • Identified discrepancies between physical inventory counts and system balances.
  • Collaborate with team members to monitor asset disposals and movements.
  • Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
  • Calculating and recording depreciation expenses.
  • Conduct analyses related to fixed assets and stock.
  • General control over sub-warehouses balances.
  • Coordinate the process of physical inventory counts.
  • Developed analysis tools to enhance the review of changes to part cost, purchase price variance, and to ensure accurate financial reporting of inventory.
  • Preparing inventory analysis reports and analyzing variances.
  • Reconciles actual stock count to computer-generated reports.
  • Other related tasks assigned to him by the line manager.
  • Prepare month-end Fixed Asset reconciliations and other supporting backups for BS.
  • Monitors and maintains current inventory stock levels.

Junior Accountant

Azerbaijan Supermarket LLC
Baku, Azerbaijan
03.2019 - 11.2020
  • Coordinated with other departments when needed regarding acquisition, disposal or transfer of any fixed asset.
  • Record fixed assets and stock items by creating and supervising a system of procedures, forms, and controls.
  • Ensure daily transactions, such as additions, retirements, transfers, and adjustments related to FA and stock.
  • Close out CIP (Construction in Progress) accounts once the related projects have been completed.
  • Basic control over sub-warehouses balances.
  • Analysis tools to enhance the review of changes to part cost, purchase price variance, and to ensure accurate financial reporting of inventory.
  • Inventory transactions: out/in ships, warehouse transferring.
  • Reconciles actual stock count to computer-generated reports.
  • Other related tasks assigned to him by the line manager.

Accountant Assistant

Azerbaijan Supermarket LLC
Baku, Azerbaijan
08.2017 - 02.2019
  • Resolving discrepancies between payments received and outstanding invoices.
  • Conducted monthly, quarterly, and annual closings to ensure accurate reporting.
  • Prepared journal entries to record various business activities such as sales revenue, expenses.
  • Reviewed invoices for accuracy prior to payment processing.
  • Provided support to the Accounting Manager as needed.
  • Performed clerical duties such as data entry into computer systems, scanning documents, filing paperwork.
  • Processed invoices and reconciled accounts payable transactions.
  • Maintained accounting ledgers by verifying and posting account transactions.
  • Coordinated timely payments from vendors, clients, and account holders.
  • Reviewed general ledger entries for accuracy and completeness.
  • Monitored accounts payable and receivable statuses.
  • Managed daily bookkeeping functions with attention to accounts receivable, accounts payable, banking reconciliation and disbursements.

Education

Finance

Azerbaijan University Architecture & Construction
Azerbaijan, Baku
06-2016

Skills

  • Financial Reporting & Analysis
  • Budgeting & Forecasting
  • Accounting software (eg, SAP, Oracle, QuickBooks)
  • Financial Statements (Balance Sheets, P&L)
  • Audit Coordination & Compliance
  • Internal Controls and Risk Management
  • Strategic Financial Planning
  • Team Leadership & Staff Development
  • Variance Analysis
  • Microsoft Office Programs

Languages

Azerbaijan
First Language
English
Intermediate (B1)
B1
Turkish
Intermediate (B1)
B1

Timeline

Financial Accounting Manager

Azerbaijan Supermarket LLC
02.2024 - Current

Team Leader, Finance

Azerbaijan Supermarket LLC
04.2023 - 01.2024

Senior Financial Accountant

Azerbaijan Supermarket LLC
08.2022 - 03.2023

Advanced Accountant

Azerbaijan Supermarket LLC
03.2022 - 07.2022

Fixed Assets Accountant

Azerbaijan Supermarket LLC
11.2020 - 02.2022

Junior Accountant

Azerbaijan Supermarket LLC
03.2019 - 11.2020

Accountant Assistant

Azerbaijan Supermarket LLC
08.2017 - 02.2019

Finance

Azerbaijan University Architecture & Construction

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Nargiz Alizada