Orkhan Samadov

Experience

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  World Medicine LLC(Uzbekistan office)

  Jun 2010 - Oct 2012

  -Prepare and submit the group’s monthly financial results, budget and quarterly rolling forecasts-Perform detailed account analysis and corporate month-end processing and reporting-Review the monthly Business Activity Statements and review all monthly balance sheet reconciliations-Monitor stock levels and perform inventory reconciliations-Review and make decisions on credit limits of new and existing customers-Review and authorise the weekly accounts payable run-Improve existing processes and streamline workflows Show less

  • Finance Manager

    Dec 2010 - Oct 2012

  • Financial analyst

    Jun 2010 - Dec 2010
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  Azersu OJSC,Jeyranbatan Water Pipelines Department

  Jul 2013 - Apr 2014

  Accountant

  Main job tasks and responsibilities-prepare journal entries-complete general ledger operations-monthly closings and preparation of monthly financial statements-reconcile and maintain balance sheet accounts-draw up monthly financial reports-prepare analysis of accounts as requested-assist with year end closings-administer accounts receivable and accounts payable-assist in preparing budgets and forecasts-assist with payroll administration-account/bank reconciliations-review and process expense reports-assist with implementing and maintaining internal financial controls and procedures-inventory and fixed assets accounting Show less

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  Azersu JSC, Baghlar Sukanal Idaresi

  Apr 2014 - Sept 2014

  Head of "Accounting and Reporting Department"-Chief Accountant

  -Responsible for knowing critical functions within the department and capable of mentoring and assisting employees within the department.-Utilize teamwork to develop departmental synergy.-Monitors compliance with generally accepted accounting principles (GAAP) and company procedures.-Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.-Assures compliance with state, local and corporate policies, regulations and laws.-Reviews accounts payables and weekly check runs.-Determines proper handling of financial transactions and approves transactions within designated limits.-Compiles and analyzes financial information to prepare entries to general ledger accounts, cost centers and documents business transactions.-Responsible for distributing financial statements and cost center reports.-Prepares work papers and supporting schedules for the annual financial review.-Distributes monthly comparison reports and cost center reports according to schedules.-Prepares financial statements and other reports to summarize and interpret current and projected company financial position.-Analyze transactional processes and identify areas where additional accuracies and efficiencies can be achieved.-Closely maintains and monitors the fixed assets system.-Adheres to internal and external deadlines.-Applies cost accounting methods to achieve accurate representation of cost center performance.-Responsible for holding manufacturing plant management accountable for accuracy and timeliness of inventory controls and cost controls.-Coordinate monthly closing process and reconciliation of general ledger accounts.-Responsible for all taxes obligations.-Support the Company’s mission, vision, values and goals in the performance of daily activities.-Develop and implement various accounting procedures.-Report, analyze, and ensure integrity of all financial information. Show less

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  KPMG Azerbaijan

  Oct 2014 - Apr 2016

  -Examination with the results of previous audits, in order to understand the processes that are specific for this particular client -Reconciliation of account balances with credit institutions in the accounting client with the data bank -Check for the balance sheet date of certain assets and the accuracy of the reflection of their value -Confirmation of an accurate and complete list of vendors -Study of the inventory methods used by the client -Conducting a test of inventory -Testing of existing processes and controls Show less -Examination with the results of previous audits, in order to understand the processes that are specific for this particular client -Reconciliation of account balances with credit institutions in the accounting client with the data bank -Check for the balance sheet date of certain assets and the accuracy of the reflection of their value -Confirmation of an accurate and complete list of vendors -Study of the inventory methods used by the client -Conducting a test of inventory -Testing of existing processes and controls Show less

  • Audit Assistant 2

    Oct 2015 - Apr 2016

  • Audit Assistant 1

    Oct 2014 - Sept 2015
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  "Caspian Fish Co. Azerbaijan" LLC and "Mars Overseas Baku LTD" (Gilan Holding, FMCG Group)

  May 2016 - Jan 2017

  Finance controller

  - Maintain a documented system of accounting policies and procedures- Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives- Ensure that accounts payable are paid in a timely manner- Ensure that accounts receivable are collected promptly- Process payroll in a timely manner- Ensure that periodic bank reconciliations are completed- Ensure that required debt payments are made on a timely basis- Maintain an orderly accounting filing system- Maintain a system of controls over accounting transactions- Issue timely and complete financial statements- Coordinate the preparation of the corporate annual report- Recommend benchmarks against which to measure the performance of company operations- Calculate and issue financial and operating metrics- Manage the production of the annual budget and forecasts- Calculate variances from the budget and report significant issues to management- Provide for a system of management cost reports- Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations- Coordinate the provision of information to external auditors for the annual audit- Comply with local, state, and federal government reporting requirements and tax filings Show less

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  SOCAR Polymer

  Jan 2017 - Dec 2022

  - Accounting of transactions with foreign vendors and main sub-contractors and PMC companies;- Calculating, recording and controlling of the Reverse charge VAT, Withholding tax and other taxes and deductions applicable to foreign transactions;- Preparing and submitting of declarations and other statutory reports (monthly VAT declarations, quarterly WHT declarations, monthly and quarterly statistical reports, quarterly SSPF report and etc.);- Recording Customs declarations and controlling and reconciliations balances with Customs Offices;- Controlling and reviewing of GL entries, reconciling tax base and IFRS base entries;- Preparing of semi-annually and annually standalone and consolidated IFRS reports;- Working with external auditors and supporting auditors with requested documents and data. Show less

  • Deputy Accounting and Reporting Manager

    Jan 2019 - Dec 2022

  • Senior Accountant

    Jan 2017 - Jan 2019
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  CG Ventures LLC

  Jan 2023 - now

  Finance Manager
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  Ramp Affiliates Limited

  Jan 2023 - now

  Finance Manager