Summary
Overview
Work History
Education
Skills
Affiliations
Languages
Timeline
Generic
Vafa Asif

Vafa Asif

Baku,Azerbaijan

Summary

Dynamic Procurement & Finance Specialist with a proven track record at Lumegrand Ltd, excelling in financial analysis and cost negotiation. Successfully reduced procurement costs while enhancing vendor relationships. Adept at inventory control and HR compliance, fostering a collaborative environment that drives operational efficiency and accuracy in financial reporting.

Overview

27
27
years of professional experience

Work History

Procurement & Finance Specialist

Lumegrand Ltd
Baku, Azerbaijan
09.2006 - 06.2023
  • Identified and evaluated suppliers based on quality, cost, and reliability; maintained up-to-date vendor records.
  • Negotiated pricing, terms, and long-term agreements to reduce procurement costs.
  • Managed inventory levels, tracked orders, and resolved logistics and delivery issues.
  • Calculated product cost and set optimal selling prices based on financial analysis.
  • Monitored sales and prepared accurate daily cash reports.
  • Prepared comprehensive monthly financial reports for senior management.
  • Conducted inventory counts and reconciliations to ensure data accuracy.
  • Processed payroll and calculated employee salaries in line with company policies.
  • Implemented 1C software for procurement and accounting workflows; trained staff to ensure effective adoption.
  • Collaborated with internal departments to ensure timely procurement and financial operations compliance.

Accountant

AZ.ALL.BIZ Ltd
Baku, Azerbaijan
12.2013 - 02.2019
  • Oversaw full accounting cycle and prepared applicable financial statements.

Accountant – Wholesale Trade

Mayilov E.
Baku, Azerbaijan
10.2003 - 08.2006
  • Managed cash settlements with suppliers, ensuring timely payments and operational efficiency.
  • Verified documentation for wholesale transactions to maintain accuracy and compliance.
  • Prepared daily cash reports and maintained detailed financial records.
  • Oversaw cash handling operations, ensuring accurate store cash register balance.

Expert on Banking Technologies

Meganet Ltd
Baku, Azerbaijan
02.1999 - 09.1999
  • Consultations regarding accounting oversight in banks for custom software creation.

Banking Specialist – Currency Operations & Account

Vizabank Commercial Bank
Baku, Azerbaijan
11.1996 - 02.1999
  • Processed foreign currency transactions in compliance with banking regulations and internal policies.
  • Performed daily banking operations, including the reconciliation of accounts and transaction processing.
  • Maintained accurate accounting records for cash transactions and branch operations.
  • Handled cash operations, monitored cash flow, and ensured proper documentation and reporting.

Education

Bachelor - Banking And Finance

Azerbaijan College of Finance And Economics
Baku
03-1997

Skills

  • Financial analysis
  • Procurement management
  • Inventory control
  • Vendor evaluation
  • Cost negotiation
  • Cash management
  • HR compliance and payroll
  • Employee onboarding and offboarding
  • Salary and benefits calculation
  • HR documentation management

Affiliations

  • Enthusiast of applied psychology and personal development; actively studying psychological literature and attending webinars on emotional intelligence, communication, and workplace behavior.

Languages

Azerbaijani
First Language
Russian
Proficient (C2)
C2
English
Intermediate (B1)
B1

Timeline

Accountant

AZ.ALL.BIZ Ltd
12.2013 - 02.2019

Procurement & Finance Specialist

Lumegrand Ltd
09.2006 - 06.2023

Accountant – Wholesale Trade

Mayilov E.
10.2003 - 08.2006

Expert on Banking Technologies

Meganet Ltd
02.1999 - 09.1999

Banking Specialist – Currency Operations & Account

Vizabank Commercial Bank
11.1996 - 02.1999

Bachelor - Banking And Finance

Azerbaijan College of Finance And Economics
Vafa Asif