Rufat Humbatov
Baku
Summary
Senior finance executive with 15+ years of experience across EY, Deloitte, Silk Way Group, SW AFEZCO, and SOCAR Midstream, currently serving as Deputy Managing Director of Finance and Vice President – Reporting and Monitoring. Strong expertise in IFRS reporting, group consolidation, budgeting, cash flow management, audit leadership, and performance monitoring, with proven ability to support Boards and senior management in complex, multi-entity organizations.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Deputy Managing Director on Finance
SW AFEZCO
Baku
02.2025 - Current
- Monitored progress by establishing plans, budgets and measuring results.
- Prepared reports on project status and presented findings to stakeholders regularly.
- Made decisions on cash flow management and financial planning.
- Cooperation with external auditors, communication with authorities, coordination and cooperation with group companies, establishing relations with suppliers.
Vice President - Reporting and Monitoring
Silk Way Group
Baku
02.2021 - Current
- Proactive coordination and review of all Financial Reporting team deliverables, including IFRS financial statements, Quarterly Management, and Statutory reports of the Group.
- Analyzing and providing financial reports, assessments, and projections to key management.
- Leading the external audit of the Group.
Audit Manager
Deloitte Azerbaijan
Baku
11.2017 - 02.2021
- Lead of the audit team of the Aviation and Oil&Gas Company in the country;
- Taking ownership for the delivery of high-quality audit work;
- Developing and maintaining productive relationships with client management;
- Leading fieldwork, managing performance and keeping engagement leaders updated on audit
engagements;
Finance Manager
SOCAR Midstream
Baku
11.2016 - 11.2017
- Leading Finance/Reporting and external Audit of Company.
Senior Auditor
EY Azerbaijan
Baku
09.2011 - 11.2016
- Lead of the biggest audit team in the local audit market in Oil and Gas, coordinating approximately 20 component audit teams spread across different countries, including Azerbaijan, Turkey, Georgia, Switzerland, Ukraine, and the UAE, visiting component locations and audit teams.
- Managing all financial aspects of client engagements, overseeing engagement economics, and managing resources for efficient engagement models.
- Developing people through effective supervision, coaching, mentoring, and knowledge sharing.
- Discussion of significant client events and issues, preparation of client communication and deliverables, and managing the risk of delivery.
- Building strong internal relationships within assurance, and across other services.
Credit Expert
Finca Azerbaijan
Baku
12.2010 - 07.2011
Education
Master of Science - International Business
UNEC
Baku06-2012
Bachelor of Science - International Economic Relations
Azerbaijan State Oil Academy
Baku06-2010
High School Diploma -
Baku Turkish Anatolian High School
Baku06-2005
Skills
- Strategic financial leadership, IFRS, budgeting, and forecasting
- Board reporting, performance monitoring, risk management
- Cash flow management
- Corporate governance and internal controls
- Budget monitoring
- Financial management
- High-level analytical skills
- Problem solving under pressure
Languages
English
Proficient (C2)
C2
Russian
Upper Intermediate (B2)
B2
Certification
Certified Public Accountant exams - passed all
Timeline
Deputy Managing Director on Finance
SW AFEZCO
02.2025 - Current
Vice President - Reporting and Monitoring
Silk Way Group
02.2021 - Current
Audit Manager
Deloitte Azerbaijan
11.2017 - 02.2021
Finance Manager
SOCAR Midstream
11.2016 - 11.2017
Senior Auditor
EY Azerbaijan
09.2011 - 11.2016
Credit Expert
Finca Azerbaijan
12.2010 - 07.2011
Master of Science - International Business
UNEC
Bachelor of Science - International Economic Relations
Azerbaijan State Oil Academy
High School Diploma -
Baku Turkish Anatolian High School