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

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About me
Chief accountant / Baş mühasib
Education

Azerbaijan State University of Economics • UNEC
2012 - 2015Master's degree Management (on areas)
Azerbaijan State University of Economics • UNEC
2006 - 2010Bachelor's degree Management of economic resources 559/700
Experience

Mardakan Settlement Representation of Khazar Region Executive Power
Oct 2012 - Sept 2014Chief accountant
“Premier Audit and Consulting” LLC
Sept 2014 - Dec 2014Audit specialist
“Retro Holding” LLC
Sept 2015 - Aug 2016Financial manager
Accounting and tax services
Sept 2016 - Dec 2017Accounting and tax services specialist
“NB Production” LLC
Nov 2016 - Aug 2018Production 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 2021Chief accountantOrganization 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 2021Chief accountant
“Gazakh Cement Plant” LLC (Akkord Group of Companies)
Mar 2022 - May 2022Chief Accountant
“Akabe” Group of Companies
Apr 2023 - Sept 2023Chief Financial Officer (CFO)
“RB Make Money Online Digital and Affiliate Marketing” LLC
Oct 2023 - nowChief 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 MərkəziDec 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 FinanceDec 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 FinanceNov 2019
Languages
- enEnglish
- ruRussian
- tuTurkish
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