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Monday, March 4, 2024

Finance Manager – Azenco OJSC

Finance Manager – Azenco OJSC

We are recruiting for Finance Manager position on behalf of AZENCO OJSC.

Main tasks and responsibilities:

• Control Finance Department
• Develop and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with acting legislation
• Manage company’s financial resources and conduct resource planning for future needs
• Document and maintain complete and accurate supporting information for all financial transactions
• Develop and maintain financial accounting systems for cash management, AP, AR, credit control, reconcile bank and investment account
• Prepare IFRS based Financial Statements: Income Statement, Balance Sheet, Cash Flow Statement on the monthly, quarterly and annual bases.
• Review monthly results and implement monthly variance report
• Prepare and analyze Financial Budget and make monthly, quarterly and annual comparison between budget and actual dates. Manage monthly forecasting and annual budgeting process
• Analyze actual dates and company profitability, looking for methods for its increasing and stability
• Develop strategies that work to minimize financial risk
• Report to management and stakeholders, and provide advice how the company and future business decisions might be impacted
• Set up and oversee company’s finance IT system
• Train accounting staff
• Manage internal controls
• Participate in development and manage financial modeling and reporting tools for various functional areas;
• Compare and analyze financial and other operating results against established plans and targets;
• Analyze financial impact of marketing and operations initiatives;
• Create and distribute routine as well as ad hoc reports and analyses;
• Communicate results via presentations to the executive team;
• Support the company store annual operating plan process by developing and maintaining financial models and tools;
• Works with Operations and other functional departments to create financial forecasts, evaluate and report on actual versus projected performance, and identify risk and opportunities to assist in driving results;
• Build, maintain and distribute dashboards to assist with tracking and reporting of key performance indicators;
• Review trends and exception reports to identify and communicate opportunities to various functional areas;

Skills, knowledge and experience

• Higher education (preferable MBA) in Accounting or Finance
• 8+ years experience in finance, 3+ years in senior position
• Proficiency with Microsoft Office Products
• Proficiency with Business Intelligence / data visualization tools or data cubes
• Must have experience with accounting/financial software and databases/ERP systems
• Advanced IFRS knowledge, professional accounting certificate ACCA or CFA preferred
• Proven experience as director of finance or similar role
• In-depth knowledge of corporate finance and accounting principles, laws and best practices
• Native Azerbaijani language, advanced English and Russian languages are extra advantages
• Problem-solving skills and initiative
• Negotiation skills and the ability to influence others
• Strong attention to detail and an investigative nature
• Good time management skills and the ability to prioritize
• Ability to work as part of a team and to build strong working relationships
• Capacity to make quick but rational decisions
• Potential to lead and motivate others

Salary will be negotiated with the relevant candidate.

Please e-mail CV to [email protected] with job title “Finance Manager”.

AZENCO OJSC is country’s leading energy construction, design and engineering company with over 1000 professionals. Construction, erection, repair and adjustment are the company’s main profile. Its laboratory equipped with state-of-the-art research facilities enables AZENCO OJSC to perform high quality geological surveys. With over 1500 specialized machinery, equipment and vehicles AZENCO OJSC has been contracted for major turnkey power industry projects in Azerbaijan.

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