Nazkhanim Osmanli
Baku
Summary
Highly motivated Head of Finance with several years of hands-on experience in financial management and program leadership. Familiar with regulatory requirements and optimal approaches for keeping systems current and compliant. Forward-thinking leader responsive to changing demands.
Overview
6
6
years of professional experience
Work History
Head of Finance
Absheron Olive Garden LLC
Baku
04.2023 - Current
- Establishing an ERP system for the company on all modules, process control, preparation of financial and other related management reports through the ERP program.
- Developed and implemented financial strategies to optimize cash flow, reduce costs, improve operational efficiency and increase profits.
- Managed and supervised the finance team including recruitment, performance reviews and appraisals.
- Prepared monthly management accounts with variance analysis for budgeting purposes.
- Created and maintained annual budgets, forecasts and cash flow projections.
- Analyzed financial data to identify trends in revenue, expenses, profitability and other KPIs.
- Provided timely advice on taxation matters such as VAT returns, corporation tax.
- Coordinated external audit activities ensuring accurate completion of year-end accounts within deadlines.
- Reviewed contracts and agreements to ensure they are financially viable prior to signing off on them.
- Identified potential areas for cost savings through process improvement initiatives.
- Monitored ongoing capital expenditure projects ensuring that spending remains within budget.
- Advised senior management on investment decisions based on sound financial principles.
Head of Tax and Custom Division
OBA Market LLC, Veyseloglu Group of Companies
Baku
01.2022 - Current
- Preparation of all (VAT, Simplified tax, Income tax and others) tax statements related to statement requirement, making tax payments and sending answers to the government authorities on time.
- Preparation of annual tax budget for company based on financial situation.
- On the basis of company's financial structure making appropriate tax optimization for the benefit of organization.
- Preparation of daily tax forecast for the company, in order achieve forecasted tax budget.
- Working with government authorities (sending appropriate reports on the base of governmental demand), participation of meetings which held by government agencies (such as Tax Committee).
- Preparation of Cash Flow Statement, Profit/Loss Statement and Balance sheet on tax basis, preparing difference between financial and tax balance statements of company.
- Tracking and following custom declarations, making relevant payments to the Custom Committee.
- Supervised team , delivering effective and consistent job training.
- Conducted market research and reported on competitors.
- Established ambitious goals for employees to promote achievement and surpass business targets.
- Preparation of the daily reports on the basis of management demand contribute to control company's daily activity.
Tax Expert
Veyseloglu Gropu of Companies (Head Office)
Baku
12.2019 - 12.2021
- Review financial/tax reports on monthly basis for reporting to correctly ascertain taxation and statement requirements.
- Calculation of tax assets, deferred tax to the intragroup companies.
- Participation of external audit control procedure, making relevant report on the basis of audit demand.
- Giving tax advice to the companies for planning effective tax optimization.
- Making tax audit to the companies on monthly basis and preparing tax policy for the different companies.
Chief Accountant
ABA Logistics/Trading LLC
Baku
07.2019 - 12.2019
- Established system-wide accounting policies and control procedures to maintain accuracy and compliance.
- Interviewed, hired and trained new employees.
- Integrated financial information into business decision-making, budgeting, forecasting and strategic planning processes.
- Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
- Completed month-end close procedures and reconciled bank accounts.
- Analyzed files and accounts for discrepancies and resolved variances.
- Generated and presented monthly financial statements to senior management.
- Managed financial operations, month-end reporting, financial schedules and reconciliations.
Tax Reporting and Strategy Intern Program
PricewaterhouseCoopers E.V. Azerbaijan Branch (PwC Azerbaijan)
Baku
01.2019 - 06.2019
- Collaborated with tax and compliance team on various areas such as planning, client interaction and special tax projects.
- Prepared tax return documents for clients.
- Meeting with clients to gather informations and discuss line item tax return components.
- Conducted research and compile backup documentation.
- Answered consumer inquiries with friendly and knowledgeable support.
- Created status reports on operational activities.
- Wrote procedures, reports and technical documents in easy-to-understand terminology.
- Worked with team members to promote great customer service and pleasant work environment.
Tax Consultant
Caspian Legal Center LLC
Baku
06.2018 - 01.2019
- Supplied detailed tax documentation needed to submit accurate corporate and individual returns.
- Finalized and processed paperwork with local, state and federal government authorities.
- Assisted partners with proposals and business development calls.
- Analyzed client information to offer recommendations for reducing tax liability.
- Preparation and submission of tax reports to the clients.
Education
Bachelor of Accountancy - Accounting And Audit, SABAH Group (GPA 91/100)
Azerbaijan State University of Economic (UNEC)
Baku, Azerbaijan05.2018
Association of Chartered Certified Accountants
APTIS By British Council
International English Language Testing System
FMVA
EnglandDIM
BakuSkills
- Cash Flow Management
- Cost-reduction strategies
- Stakeholder relationship management
- Cross-functional team leadership
- Business process improvement
- Analytical and Critical Thinking
- Financial statement preparation
- General ledger entry
- Account Analysis
- Business Forecasting
- Stakeholder Communication
- Risk Mitigation
- Strategic Planning
- Financial Forecasting
- Budget Planning
- Risk Management
- Reporting
- Account Reconciliation
- Organizational Skills
- Audit Coordination
References
References available upon request.
Timeline
Head of Finance
Absheron Olive Garden LLC
04.2023 - Current
Head of Tax and Custom Division
OBA Market LLC, Veyseloglu Group of Companies
01.2022 - Current
Tax Expert
Veyseloglu Gropu of Companies (Head Office)
12.2019 - 12.2021
Chief Accountant
ABA Logistics/Trading LLC
07.2019 - 12.2019
Tax Reporting and Strategy Intern Program
PricewaterhouseCoopers E.V. Azerbaijan Branch (PwC Azerbaijan)
01.2019 - 06.2019
Tax Consultant
Caspian Legal Center LLC
06.2018 - 01.2019
Bachelor of Accountancy - Accounting And Audit, SABAH Group (GPA 91/100)
Azerbaijan State University of Economic (UNEC)
Association of Chartered Certified Accountants
APTIS By British Council
International English Language Testing System
FMVA
DIM
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