Head of Budgeting and Financial Reporting

Main Job Responsibilities:

• Execution of financial reporting, budgeting, and forecasting processes.
• Ensuring timely and accurate financial reporting and analysis to support decision-making by senior management and other stakeholders.
• Developing and implementing financial models, tools, and processes to ensure the effectiveness of budgeting, forecasting, and financial analysis functions.
• Developing and maintaining financial reporting and analysis capabilities to provide senior management with accurate and timely financial and operational information.
• Collaborating closely with other divisions of the finance department and other departments to ensure the accuracy, completeness, and compliance of financial data.
• Ensuring that all financial reports comply with IFRS and other regulatory requirements.
• Monitoring and managing the financial performance of the Department, including setting performance goals, monitoring progress, and taking corrective actions as necessary.
• Providing support and leadership to team members in financial reporting, budgeting, forecasting, and analysis matters.
• Establishing and developing relationships with internal and external stakeholders, including senior management, auditors, and regulatory agencies.
• Ensuring the timely organization of accounting reports based on accounting records and provided initial documents.

Education and Experience:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree or CPA/CFA preferred).
• IFRS Certified (such as ACCA Diploma in International Financial Reporting)
• Working experience in Big 4 firms is a plus.
• In-depth knowledge of financial accounting, budgeting, and reporting processes.
• Proficiency with financial software and systems
• Strong understanding of IFRS and other regulatory requirements.
• Advanced Excel skills and experience with financial modeling and analysis.

Communication and Interpersonal Skills:

• Excellent verbal and written communication skills in Azerbaijani and English languages. Knowledge of Russian is a plus.
• Ability to effectively interact with senior management, auditors, regulatory agencies, and other stakeholders.
• Strong understanding of compliance requirements and ethical standards in financial reporting.
• Commitment to maintaining confidentiality and integrity in handling sensitive financial information