Rashad Babayev  (PMS - MHBS / PMS - KOS MHBS / IFRS)

Rashad Babayev (PMS - MHBS / PMS - KOS MHBS / IFRS)

Chief accountant

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  • Timeline

  • About me

    Chief accountant / Baş mühasib

  • Education

    • Azerbaijan State University of Economics • UNEC

      2012 - 2015
      Master's degree Management (on areas)
    • Azerbaijan State University of Economics • UNEC

      2006 - 2010
      Bachelor's degree Management of economic resources 559/700
  • Experience

    • Mardakan Settlement Representation of Khazar Region Executive Power

      Oct 2012 - Sept 2014
      Chief accountant
    • “Premier Audit and Consulting” LLC

      Sept 2014 - Dec 2014
      Audit specialist
    • “Retro Holding” LLC

      Sept 2015 - Aug 2016
      Financial manager
    • Accounting and tax services

      Sept 2016 - Dec 2017
      Accounting and tax services specialist
    • “NB Production” LLC

      Nov 2016 - Aug 2018
      Production accountant (Also, I am carrying out the duty obligations of Chief accountant)
    • “FAB Paint and Chemical Industry” LLC (FAB Group of Companies)

      Aug 2018 - Nov 2021
      Chief accountant

      Organization of accounting service:- Forming (Setting up) of Financial and Tax accounting system, restoring of Financial accounting;- Development of Accounting policy;- Organizing and conducting of Financial accounting, making accounting double entries and preparation of financial statements; - Analysis and interpretation of financial statements;- Conducting of Tax accounting, preparation and submission of tax returns and statements, realization of settlements with tax authorities;- Conducting of Management accounting and Cost accounting.Preparation and submission of Financial, Tax, Statistics and Other Reports:- Preparation and submission of financial statements in accordance with International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS): Income statement, Statement of financial position (Balance sheet), Statement of changes in equity, Cash flow statement;The consolidated statement of financial position, The consolidated statement of profit or loss and other comprehensive income.- Preparation and submission of tax returns and reports (through the BTP program):Monthly declarations (returns): Value Added Tax Return, Excise Tax Return, Mining Tax Return, Road Tax Return.Quarterly declarations (returns): Tax return at the source of payment (SOP), Simplified tax return, Tax return withheld at the source of payment in connection with employment.Annual declarations (returns): Income tax return, Income tax return, Property tax return.- Preparation and submission of Unified quarterly report on compulsory state social insurance and unemployment insurance;- Preparation and submission of Statistical reports:Preparation and submission of monthly, quarterly and annual statistical reports on Labor Statistics, Price Statistics, Industrial Statistics, Construction Statistics, Trade Statistics.- Preparation of Management accounting reports and submission to management. Show less

    • “Bayaz Alchı” LLC (FAB Group of Companies)

      Aug 2018 - Nov 2021
      Chief accountant
    • “Gazakh Cement Plant” LLC (Akkord Group of Companies)

      Mar 2022 - May 2022
      Chief Accountant
    • “Akabe” Group of Companies

      Apr 2023 - Sept 2023
      Chief Financial Officer (CFO)
    • “RB Make Money Online Digital and Affiliate Marketing” LLC

      Oct 2023 - now
      Chief Executive Officer (CEO) & Founder
  • Licenses & Certifications

    • Financial Accounting (ACCA, F3)

      Financial Scientific -Training Centre under the Ministry of Finance
    • Organization of accounting in Small and Average Business Entities (implementation of International Financial Reporting Standards) (ACCA: F3, F7, P2; DipIFR content.)

      ARPA Consulting LLC (Azerbaijan Accountant and Risk Professionals Association)
    • Tax Accounting

      Financial Scientific -Training Centre under the Ministry of Finance
    • The Basics of International Accounting (financial and tax)

      Economic Researches & Education Centre (EREC)
    • The National Certificate in Financial Accounting (International, Fundamentals)

      GRBS & CAAR
    • The Training of Trainers (TOT)

      International Association of Coaching
    • Peşəkar Mühasib Sertifikatı (MHBS)

      Dövlət İmtahan Mərkəzi
      Dec 2021
    • International Financial Reporting Standarts (IFRS) Diploma (Exam result: 88%) (ACCA: F3, F7, P2; DipIFR content.)

      The İnstitute of Certified Financial Managers (İCFM)
      Feb 2021
    • Practical organizing of accounting in Commercial Organizations (İmplementation of International Financial Reporting Standards) (Exam result: 99%) (ACCA: F3, F7, P2; DipIFR content.)

      Financial Scientific -Training Centre under the Ministry of Finance
      Dec 2019
    • Application features of International Accounting Standards by Small and Medium Enterprises (ACCA: F3, F7, P2; DipIFR content.)

      Financial Scientific -Training Centre under the Ministry of Finance
      Nov 2019