Head of budgeting and economic analysis depoartment

İşin təsviri

Role and Responsibilities: 

• Interprets budget directives and carries them out, manages the annual budget, participates in budget discussions.
• Responds to inquiries related to budget issues, researches financial management issues, responds to inquiries related to budget issues.
• Analyzes department budgets to maintain control of expenditures, directs the preparation of budget reports, consults with managers to ensure that budget changes are implemented.
• Submits recommendations for the approval or decline of funding requests, finds ways to improve efficiency and increase revenues.
• Complies with laws and rules of regulatory bodies.
• Analyzes trends affecting expenditures and adjust budgets accordingly, examines budgets for accuracy and compliance with rules and regulations.
• Controls distribution of emergency funds. Communicates with management about budget issues in the various departments of a company.
• Supervision and control over responsibilities of the company based on Risk Sharing Agreement, providing details to stakeholders and shareholders with regard to reports prepared such as Net Back Value, Cost Recovery Report, Entitlement Report;
• Close participation in production forecasting and projections, analysis of compliance with financial regulations;
• Economic analysis of effectiveness of conducted business operations and cost reduction;
• Preparation of ad-hoc financial analysis and reports requested by state, inter-company departments,
• investors, banks and partners;
• Analysis of economic benefits upon implementation of significant projects and/or modification of them, identification of commercial risks, preparation of necessary reports and presentations;
• Drafting economic models for the projects, conducting financial analysis (NPV, IRR, NCF) and evaluation, regular update of the model according to macro-economic changes (inflation, oil and gas prices, forex, transportation etc.);
• Cash Flow Forecasting and projection of the company based on future possible scenarios and analysis and close control of external financing sources. Participation in external financing processes and
• providing recommendations;
• Carry out economic/financial analysis in accordance with corporate strategy, goals;
• Support the annual audit process including coordination with external auditors to provide audit support  and technical accounting memos on complex transactions; management response communication on  issues related to those charged with governance;

Education and Experience:

• Be in possession of a university degree in Accountancy, Finance or an equivalent qualification;
• 10+ years of experience in the related field, with at least 3 years in managerial position;
• Professional qualifications (CPA, CFA, ACA, ACCA) in accounting and finance and previous Big4  experience are desirable;
• Be able to work on cross-functional engagements with other departments within the company; 
• Have an excellent command of English, Azerbaijani;
• Be self-motivated and possess strong interpersonal, organizational and analytical skills;
• Strong decision-making and problem solving skills;
• Attention to detail and ability to multitask in a highly dynamic environment;
• Demonstrated commitment to continuous learning.

Company tərəfindən digər vakansiyalar

• Maliyyə üzrə aparıcı mütəxəssis
• Partnyor satışları üzrə mütəxəssis
• İnsan Resursları üzrə Mütəxəssis
• Mühasib
• Layihə Meneceri (Hotel İnşaat Layihələri)