Summary
Overview
Work History
Education
Skills
Certification
Interests
Languages
Timeline
Generic
Turan Talibova

Turan Talibova

Baku

Summary

Business-minded Finance Manager promoting more than 10 years of expertise overseeing transactions, reconciling monthly financial reports, full oversight of finance functions. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.

Overview

13
13
years of professional experience
1
1
Certification

Work History

Finance Manager

Enermech OGP LLC
07.2022 - Current
  • Leading full financial and tax compliance of the Company's finances.
  • Budgeting, reporting to and consulting the Country Director and Regional Financial Controller, JV Partners, Board Members on all the financial matters of the company.
  • Hiring, motivating & training new and existing finance department staff in various financial procedures.
  • Creating organizational structures, procedures & process improvements in HR, Ops, PSCM and other departments where necessary to improve overall organizational and accounting and finance functions.
  • Executing vendor setup and payment, administration of bank accounts and account reconciliations, financing decisions, negotiation of bank facilities.
  • Analyzing and advising the Ops & PSCM on cost-saving options, where necessary.
  • Improving the Receivables payment days by negotiating with the Customers for favorable payment conditions.
  • Analyzing financial risks and reporting on the risks to the higher management.

Head of Research on Blockchain Technologies & DeFi

SOCAR Capital LLC
03.2021 - 07.2022
  • Lead a team of young professional researchers & analysts.
  • Researched blockchain technologies, specifically DeFi protocols.
  • Wrote research papers in Azerbaijani about various types of DeFi technologies like lending protocols, DEXes, AMMs, etc.
  • Carried out on-chain analysis of various blockchain protocols.

Chief Financial Officer

SOCAR-STP LLC
04.2020 - 04.2021
  • Set up function of the Finance and Accounting Department ;
  • Assisted the Legal Advisor on establishment of JV and its functions;
  • Established the financial processes and workflow;
  • Introduced the Company and it’s plans to the financial institutions to manage relationship;
  • Prepared and Reviewed initial financial statements of the Company;
  • Worked closely with Business Development, Operations, Warehouse and Commercial team to set up cross-departmental processes;
  • Established budgeting and reporting system with monthly reviews;
  • Worked closely and instructed the external developer in setting up ERP system;
  • Led a team of finance and accounting professionals, motivated and kept the drive of the team's focus on common objectives.

Treasury Manager

SOCAR Capital LLC
07.2018 - 04.2020
  • Prepared yearly cash budget, cash management plan and followed-up variance analysis for the Board of Directors;
  • Assisted CFO in preparation of company’s stand alone yearly IFRS FSs and interpretation/application of relevant IFRS rules;
  • Negotiated short and long-term deposit placements at foreign banks and trades with international and local brokers;
  • Negotiated trading, custody fees and commissions with brokerages and custodians;
  • Carried out basic technical and fundamental analysis of securities and delivering reports based on analysis;
  • Carried out valuation (crude oil extraction, agriculture, production, textile, services, etc) of companies through methods of DCF, IRR, Market based valuations, Asset based and Income based valuations.

Financial Analyst

SOCAR Capital LLC
09.2016 - 06.2018
  • Oversaw the work of SOCAR Bonds brokerage points in ASAN Service Centers;
  • Negotiated trades for Eurobonds with international brokers for the bond portfolio;
  • Prepared yearly cash management, investment plan and budget for the Company;
  • Assisted CFO in preparation of annual FS of the company, interpretation and application of IFRS rules on trading with securities;
  • Periodically appeared on TV for interviews on SOCAR bonds and fixed income securities;
  • Contributed to research papers and valuation reports with investment advices to top management.

Finance Officer

Ministry of Health and Global Fund for fight with Malaria, Tuberculosis and HIV
11.2013 - 11.2016
  • Prepared annual grant budgets for Principal Recipient (Ministry of Health of AR) and Sub-Recipients (Ministry of Justice, Research Institute of Lung Diseases) for Tuberculosis program;
  • Carried out bookkeeping and financial reporting to Program Coordinator and Program Director;
  • Prepared annual, quarterly and monthly variance reports for Global Fund;
  • Carried out adjustments and supervision of reporting process in sub-recipients;
  • Monthly monitoring visits to sub-recipients and assistance of country monitoring group for evaluation of program’s financial indicators.

Senior Auditor

RSMI International Azerbaijan
11.2011 - 11.2013
  • Fully oversaw the audit process in client sites, taking charge of the audit.
  • Main auditing experience: Banking & Financial Institutions, Non-Profit or Budget Organizations, Special Purpose Audits.

Audit Associate

PWC Azerbaijan
09.2009 - 09.2011
  • Prepared working papers, reports and supporting documentation for audit findings;
  • Worked audit engagements for industries in banking, financial institutions, oil & gas;
  • Met with clients to identify and assess business controls, risks and workflow inefficiencies;
  • Identified various risks and errors in accounts to propose corrective action to client management.

Education

MBA - Finance

ADA University
Baku
09.2016

Bachelor of Arts - Linguistics

Azerbaijan University of Languages
Baku
09.2010

High School Diploma -

Lone Oak High School
Paducah, KY
08.2005

Skills

  • Proactive and Focused
  • Problem Anticipation and Resolution
  • Prioritizing and Planning
  • Adaptable to Changing Conditions
  • Employee Training Oversight
  • Business Administration
  • Financial Records and Processing
  • Management of Financial Resources
  • Financial Management and Reporting
  • Budgeting and Variance Analysis

Certification

ACCA (Member)

FVMA (CFI Institute)

Interests

  • Behavioral Finance;
  • Psychology, mental health;
  • Neuroscience;
  • Sustainable energy, agricultural and economic practices;
  • Cosmology and Science of Creation;

Languages

Azerbaijani, Russian
Native language
English
Proficient
C2
Turkish
Upper intermediate
B2
French
Elementary
A2

Timeline

Finance Manager

Enermech OGP LLC
07.2022 - Current

Head of Research on Blockchain Technologies & DeFi

SOCAR Capital LLC
03.2021 - 07.2022

Chief Financial Officer

SOCAR-STP LLC
04.2020 - 04.2021

Treasury Manager

SOCAR Capital LLC
07.2018 - 04.2020

Financial Analyst

SOCAR Capital LLC
09.2016 - 06.2018

Finance Officer

Ministry of Health and Global Fund for fight with Malaria, Tuberculosis and HIV
11.2013 - 11.2016

Senior Auditor

RSMI International Azerbaijan
11.2011 - 11.2013

Audit Associate

PWC Azerbaijan
09.2009 - 09.2011

MBA - Finance

ADA University

Bachelor of Arts - Linguistics

Azerbaijan University of Languages

High School Diploma -

Lone Oak High School
Turan Talibova