Nigar Murtuzayeva
Chief Accountant And Tax Manager
Bakhikhanov street 4, apart.8, block 1, Baku, Azerbaijan
Summary
Chief Accountant and Tax Manager with 20+ years of experience in accounting and tax compliance, managing complex tax-related tasks, and developing strategies to improve overall tax efficiency. Possesses an in-depth understanding of Azerbaijan Tax Code and strong problem-solving skills. Highly organized and capable of managing multiple deadlines.
Overview
22
22
years of professional experience
Work History
Chief Accountant/Tax Manager
Huawei Technologies Azerbaijan LLC
11.2011 - Current
- Preparation of CIT, VAT, WHT and Property Tax Reports
- Responsible for tax compliance of Azerbaijan Subsidiary
- Alarm Regional Office on any tax update in country and Interpret tax policies and practices in the domain and provide recommendations.
- Provide tax compliance solutions when new business scenarios emerge and if there are changes to tax policies and accounting solutions.
- Assist with tax risk and audit management, and tax planning.
- Managing authorization of daily bank payment orders,
- Deal with external auditors annually and as required
- Control on tax invoicing in tax system
- Handling intercompany invoicing and agreement review process
- Financial review of agreements with customers & suppliers
- Control on company PPE & inventory balance
- Reconciliation of tax assets with company books balance
- CIT Forecast on quarterly basis
- ETR forecast (annual & semi-annual)
- Preparation of Work Instructions on Azerbaijan Subsidiary Tax Work
- Tax verification of AP invoices
- Review of accuracy and correctness of Employee Expense Claims
- Application of WHT Certificates in need if Double Tax Treaties are applicable for concerned transactions
Tax Consultant
Baker Tilly Azerbaijan LLC
04.2010 - 11.2011
- Providing accounting services (assist with posting of month end closing entries, preparing Balance Sheet and P&L, posting bank & cash entries, operating by online banking system, invoicing) for Clients, Providing tax and accounting advices
Accountant
Det Norske Veritas AS Azerbaijan
10.2006 - 03.2010
- Preparation of Company's monthly P&L, Balance sheet-local books and DNV books, Preparation and payment of salary, social costs, tax, Preparation and lodgement of quarterly tax reports, quarterly statistic reports, VAT, ETS to local authorities, pension fund and employment fund, Reconciliation of bank A/C cash flow management, Administration, payment of monthly expenses, Liaise with external auditors annually and as required, Invoicing of jobs carried out to customers, Collection of outstanding A/C receivable, Assist in purchasing of office equipment, consumables
- Paper and etc., Other duties/special projects as directed by supervisor.
Head of Internal Audit Sector
The Chamber of Auditors of Azerbaijan Republic
08.2005 - 10.2006
- Providing internal audit within the structure of The Chamber of Auditors (monthly and annually), Preparing a reference for senior management on the results of internal audit (monthly and annually), As the Secretary-in-chief of Global Institute of Internal Auditors (IIA) Azerbaijan Affiliate responsible for the organization of Affiliate work, holding monthly meetings of Affiliate Board, involving members to the Affiliate, implementing seminars for Affiliate members and other necessary activities to be done, Translating International Internal Audit Standards and Code of Ethics, different papers and documents, also letters from contact persons, Preparing monthly and annual reports on activities done
Senior Specialist
The Chamber of Auditors of Azerbaijan Republic
01.2004 - 01.2005
- Developing relations between foreign financial institutions by telephone, by e-mail and personally, Translating International Audit and Accounting Standards, different papers and documents, also letters from contact persons, Providing translator service by accompanying foreign guests, Preparing invoices and payrolls in English, Preparing monthly and annual reports on activities done
Specialist
The Chamber of Auditors of Azerbaijan Republic
10.2002 - 01.2004
- Ensuring accounting postings on bank operations by settlement accounts and currency accounts, Ensuring accounting postings on materials (fuel, raw materials, tare materials, spare parts, materials transferred to processing, building materials and others) used within company, Ensuring accounting postings on calculations with accountable persons, Ensuring accounting postings under account of cash operations, Ensuring activities by invoice and payroll
Education
Master of Accountancy - Accounting And Audit
Azerbaijan State Economic University
Baku, Azerbaijan 04.2001 -
Bachelor of Accountancy - Accounting And Audit
Azerbaijan State Economic University
Baku, Azerbaijan 04.2001 -
Skills
MS Office Programs (Excel, PowerPoint, Word, Outlook)
Agresso End User, ERP user
Tax compliance
Financial analysis
Tax Compliance and Management
Auditing
Accounting
Strategic planning
Problem-solving
Summary Of Experience
- The Chamber of Auditors of Azerbaijan Republic, The Finance Department, specialist, 2002-10-21, 2004-01-02
- The Chamber of Auditors of Azerbaijan Republic, Foreign Relations Division, senior specialist, 2004-01-02, 2005-08-15
- The Chamber of Auditors of Azerbaijan Republic, Internal Audit Sector, director, 2005-08-15, 2006-10-09
- Det Norske Veritas AS Azerbaijan, accountant, 2006-10-09, 2010-03-12
- Baker Tilly Azerbaijan LLC, tax consultant, 2010-04-01, 2011-11-18
- Huawei Technologies Azerbaijan LLC, 2011-11-18-currently working
Publications and papers
- One of the authors of "Internal Audit" Manual (textbook)
- The author of the article "International Internal Audit Standards are the basic priciples of internal audit activity" in "Economy" newsletter
- The author of the material prepared named as "If you will be a member of "Audit-Azerbaijan Chapter...."" in the "Economy and Audit "journal
- The author of the thesis "Economic growth in audit and the affect factors"
Personal Information
- Citizenship: Azerbaijan
- Number of Children: 2
- Date of Birth: 09/08/83
- Marital Status: Married
Training
- 2008, Agresso End User Training in Rotterdam
- 2008, ACCA, DipIFR Course by GRBS
- 2006, Financial Accounting Course by Khazar University
- 2014, Tax Management Training in China
- 2017, Tax Management Training in Bahrain
- 2018, Training in Transfer Price on Intercompany Transactions (Kiev, Ukraine)
- 2023, Tax Management Training (Shenzhen, China)
Languages
Azerbaijan
Native language
English
Advanced
C1
Russian
Advanced
C1
Turkish
Advanced
C1
Timeline
Chief Accountant/Tax Manager
Huawei Technologies Azerbaijan LLC
11.2011 - Current
Tax Consultant
Baker Tilly Azerbaijan LLC
04.2010 - 11.2011
Accountant
Det Norske Veritas AS Azerbaijan
10.2006 - 03.2010
Head of Internal Audit Sector
The Chamber of Auditors of Azerbaijan Republic
08.2005 - 10.2006
Senior Specialist
The Chamber of Auditors of Azerbaijan Republic
01.2004 - 01.2005
Specialist
The Chamber of Auditors of Azerbaijan Republic
10.2002 - 01.2004
Master of Accountancy - Accounting And Audit
Azerbaijan State Economic University
04.2001 -
Bachelor of Accountancy - Accounting And Audit
Azerbaijan State Economic University
04.2001 -