Orkhan Najafov

• Partnering and negotiating with directors & heads to prepare and control the budget
• Building models to forecast costs and calculate the risks
• Finding potential saving opportunities through analyzing the alternatives
• Supporting the tender process and analyzing the bids
• Facilitating the contract origination and approving the payment terms
• Controlling the accounting transactions and reporting process
• Monitoring and evaluating actual results against approved budget

• Building and leading strong finance team by training and coaching
• Reorganizing the department and reallocating the responsibilities to increase productivity
• Supervising, reviewing and approving daily financial reports for executive management
• Conducting daily analysis of the financial reports and discussing with the management
• Improving the efficiency and accuracy of the reporting process
• Updating the accounting procedures to increase the internal accounting controls
• Facilitating the external audit process
• Supervising the preparation of yearly budget and evaluating the actual results against it
• Working closely with IT department to improve the reporting period and accuracy
• Approving large transactions for compliance with internal and external regulations
• Reviewing and approving contracts with external suppliers

• Building and managing a team of accountants across all companies
• Optimizing the accounting system and consolidating the financial reports
• Creating control mechanisms to improve accuracy and reliability of accounting information
• Managing the relationships with partner banks and facilitating the due diligence
• Analyzing the sales data and helping the company management to improve long-term sales
• Supervising the financial planning and reporting
• Presenting the monthly financial performance to the executive management

• Supervising and training the accounting team and encouraging teamwork environment
• Approving and monitoring administrative payments and other contractual obligations
• Supervising month-end closing and presenting to senior management
• Managing the transition process from local accounting to international standards
• Leading the application of new accounting system
• Facilitating external audit process
• Writing and presenting the accounting policy of the bank
• Supervising tax accounting and reporting

• Processing accounting transactions in the ledger system
• Preparation of monthly bank reconciliations and other reconciliation reports
• Inception and termination of lease contracts in the system
• Running data integrity reports
• Assisting the team leader in month-end closing process