Ogtay Ismayilzada
Summary
Skilled budget and cost controller bringing 11 years of experience working with oil&gas organizations. Proven leadership and success in leading teams in achieving financial goals. Accomplished in working with executive leaders to develop business, financial and growth strategies. PMI-PMP holder.
Overview
17
17
years of professional experience
Work History
Lead Budget and Cost Controller
SOCAR Upstream MI LLC
09.2022 - Current
- Project Budget analysis for onshore projects (quarterly and annual)
- Prepare budget presentations
- Cost analysis based on PSA&RSA terms
- Prepare economic review and feedbacks
- Prepare management reports for SOCAR Head Office
- Control and manage daily requests.
- Managed budget and cost control for 12 onshore projects.
Executive Assistant to General Director
Karabakh Operating Company
02.2021 - 06.2022
- Schedules, prepares agenda, meeting materials and minutes
- Maintains the General Director’s calendar, coordinates, arranges and confirm meetings
- Provides leadership in facilitation and management of Weekly Progress Meetings
- General support on Legal, HR and Accounting issues
- Provides a bridge and coordination for smooth communication between the General Director and internal departments and team members
- Head of KOC close out and handover process
- Performs other tasks and duties required by General Director.
Deputy Director
Zena Drilling Limited (Zenith Energy Group)
06.2018 - 02.2021
- Control and coordinate the work of different departments (HR, Legal, Logistics, Procurement, F&A, HSE)
- Supervise/Control relations with the SOCAR Marketing, SOCAR Investment, SOCAR Oil Pipelines Department, Ministry of Taxes, Ministry of Emergency Situations, State Oil Fund, State Customs Committee and other regulatory bodies
- Manage all banking affairs and operations (internet banking, payables, receivables, international payments, etc.)
- Support relations with third parties (law firms, customs brokers, audit companies and others)
- Organize and attend meetings with government bodies, banks and third parties
- Daily reporting to CEO (meetings, negotiations, company cash flow, daily issues and solutions)
- Control and support the F&A team on a daily basis
- Maintain the local e-tax portal
- Ensure cost control activities and cash flow management
- Management of billing process to the clients.
Chief Business Officer&Senior Accountant
Aran Oil Operating Company (Zenith Energy Group)
08.2016 - 06.2018
- Manage relationship with the tax department and other governmental authorities (SOCAR Marketing, SOCAR Oil Pipelines Department, SOFAZ, State Customs Committee)
- Support relations with third parties (law firms, customs brokers, audit companies and others)
- Manage and obtain PSA certificates and protocols
- Organize and attend meetings with government bodies, banks and third parties
- Tax Reporting (VAT, WHT, PTR)
- Maintain the local e-tax portal
- Payroll calculation
- Control and supervise all banking operations (internet banking, payables, receivables, international payments, etc.)
- Manage company cash flow on a daily basis
- Management of invoicing process to SOCAR Marketing.
Statutory Accountant
General Electric International Inc.
06.2013 - 12.2015
- Payroll calculation for two legal entities
- Control and check preparation of tax reports on monthly, quarterly and annual basis (VAT, WHT, FSWHT, etc.)
- Control and check preparation of SPF and statistical reports on monthly, quarterly and annual basis
- Support reconciliation process on monthly and quarterly basis
- Support correspondence with tax department and other governmental authorities
- Support and coordinate all correspondence with regulatory authorities (State Social Protection Fund, Ministry of taxes, Customs Committee).
Associate Accountant
Halliburton Eurasia Limited
05.2011 - 05.2013
- Payroll calculation
- Prepare documents (sick leave, maternity, one-off payments) to SPF on behalf of company’s employees
- Fill tax reports on monthly, quarterly and annual basis (VAT, WHT, Expats Taxes, etc.)
- Prepare SPF and statistical reports on monthly, quarterly and annual basis
- Support month closing process
- Prepare tax receipts for expats
- Support correspondence with the Ministry of Taxes and other governmental authorities
- Process expense reports in accordance with company policy
- Assist to Tax Accounting Supervisor with other ad-hoc issues.
Corporate Banking Specialist
Unibank CB OJSC
08.2007 - 10.2009
- Business analysis and writing memorandums about corporate clients
- Analyzing balance sheet, income statement and cash flow of companies
- Preparing loan contracts and other credit documentation
- Granting bank guarantees
- Analyze overdraft applications
- Manage/control loan portfolio.
Education
Bachelor Degree -
Azerbaijan State Economic University
09.2008
Master Degree -
Cardiff Business School/Cardiff University (UK, Wales)
09.2010
Training And Certificates
- Business Leadership Development Programm, 02/16/13 - 02/19/13, Mays Business School
- Controllership Essentials, London, UK, 07/2014
- Foundations of Leadership, Munich, Germany, 08/2015
- ISO 9001:2015 Internal Auditor Quality Management Systems, Azerbaijan, Baku, 11/01/23 - 11/02/23
- Project Management Professional, 01/2024 - 03/2024
Hobbies and Interests
Motobikes, hiking, Highest peak of Azerbaijan (Bazarduzu 4466m), Highest peak of Europe (Elbrus 5642m), Baku International (2015-2016)
Personal Information
Date of Birth: 03/27/87
Timeline
Lead Budget and Cost Controller
SOCAR Upstream MI LLC
09.2022 - Current
Executive Assistant to General Director
Karabakh Operating Company
02.2021 - 06.2022
Deputy Director
Zena Drilling Limited (Zenith Energy Group)
06.2018 - 02.2021
Chief Business Officer&Senior Accountant
Aran Oil Operating Company (Zenith Energy Group)
08.2016 - 06.2018
Statutory Accountant
General Electric International Inc.
06.2013 - 12.2015
Associate Accountant
Halliburton Eurasia Limited
05.2011 - 05.2013
Corporate Banking Specialist
Unibank CB OJSC
08.2007 - 10.2009
Bachelor Degree -
Azerbaijan State Economic University
Master Degree -
Cardiff Business School/Cardiff University (UK, Wales)
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