Hikmat Shirmammadov - Head of Accounting

Q: Where is Hikmat based?

Hikmat is based in Baku, Azerbaijan .

Q: What languages does Hikmat speak?

Hikmat speaks the following languages: Azerbaijani (Native), English (Advanced), Russian (Intermediate) .

Q: How many years of experience does Hikmat have?

Hikmat has at least 15 years of experience. During this time, Hikmat has worked in at least 6 different roles and for 6 different companies . The average length of individual experience is 3 years and 6 months . Note that Hikmat may not have shared all experience and actually has more experience.

Q: What is Hikmat's latest experience?

Hikmat's most recent position is Head of Accounting at MJ Financial Services NBCO .

Q: What companies has Hikmat worked for in recent years?

In recent years, Hikmat has worked for MJ Financial Services NBCO and CyberSign LLC .

Q: Which industries is Hikmat most experienced in?

Hikmat is most experienced in industries like Professional Services , Banking and Finance , and Retail . Hikmat also has some experience in Agriculture and Manufacturing .

Q: Which business areas is Hikmat most experienced in?

Hikmat is most experienced in business areas like Accounting , Finance , and Legal . Hikmat also has some experience in Project Management , Audit , and Production .

Q: Which industries has Hikmat worked in recently?

Hikmat has recently worked in industries like Professional Services and Banking and Finance .

Q: Which business areas has Hikmat worked in recently?

Hikmat has recently worked in business areas like Accounting , Finance , and Project Management .

Recommended expert

Baku, Azerbaijan

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Experience

Jan 2024 - Present

2 years 5 months

Baku, Azerbaijan

Head of Accounting

MJ Financial Services NBCO

Organized and supervised the accounting processes of the company's head office and its branches
Compared and analyzed credit portfolio accounting data with financial statement indicators, resolving discrepancies
Submitted VAT, corporate tax, SSPF and other reports
Prepared and submitted reports to the Central Bank including balance sheet, profit and loss statement, liquidity indicators, solvency ratio, etc., in accordance with regulatory requirements
Managed a credit portfolio worth 15,000,000 AZN, including risk assessment and ongoing monitoring
Analyzed the credit portfolio by loan type, volume, outstanding balance, portfolio share, and identified overdue and non-performing loans based on delinquency periods
Compiled and submitted comprehensive financial documentation including cash flow statements, profit and loss reports, and balance sheets to meet banking requirements for corporate credit facilities

Mar 2021 - Jan 2024

2 years 11 months

Baku, Azerbaijan

Finance Team Lead

CyberSign LLC

Prepared $500,000 debtors' status reports and followed up with debtors regarding outstanding invoices
Prepared monthly profit and loss statements
Supervised departmental projects and conducted cost-benefit analyses
Prepared cash flow and payment in/out reports
Controlled the cash budget and optimally distributed it daily
Maintained records of documents related to vendors, subcontractors, and clients, including invoices and supporting documents
Reviewed contracts prepared by clients and vendors, informing managers of any defects

Jun 2017 - Mar 2021

3 years 10 months

Baku, Azerbaijan

Chief Accountant

RSM International LLC

Provided consultations to clients on tax and legal matters, ensuring regulatory compliance and sound financial decision-making
Submitted VAT, corporate tax, SSPF and other reports
Oversaw preparation of financial statements, cash flow reports, and balance sheets
Directed an accounting team, achieving 100% financial reporting accuracy and compliance with regulatory standards
Collaborated with senior leadership to craft and execute actionable growth strategies
Managed interactions with tax authorities, securing favorable decisions and preserving the company's financial interests

Aug 2015 - Jun 2017

1 year 11 months

Baku, Azerbaijan

Senior Accountant

Veyseloglu Group of Companies

Managed and optimized comprehensive financial records, ensuring 100% accuracy in P&L and balance sheet presentations
Streamlined tax audit processes and managed returns, reducing discrepancies by 80% and ensuring compliance
Collaborated with senior teams to design and implement growth-oriented strategies
Identified and addressed inflated costing practices at key chains (e.g., Araz, Bazarstore), recovering over 200,000₼
Monitored and addressed outstanding debts, expediting collections and reducing overdue amounts by 40%
Oversaw financial settlements, including bank statements, and provided timely reports to boards to enhance accountability

May 2013 - Aug 2015

2 years 4 months

Baku, Azerbaijan

Tax Consultant

Deloitte & Touché LLC

Streamlined tax services by efficiently preparing client returns, fund reports, and tax invoices, enhancing client satisfaction
Submitted VAT, corporate tax, SSPF and other reports
Acted as primary liaison with tax authorities, ensuring timely communication and translations for the head office
Enhanced payroll accuracy and cash management using 1C software for detailed financial tracking

Aug 2011 - May 2013

1 year 10 months

Baku, Azerbaijan

Accountant

Prime Cotton LLC

Streamlined product accounting processes, improving traceability and consistency in inventory
Conducted regular stock-taking exercises, optimizing inventory management
Analyzed production tasks to provide insights into production capacity potential

Industry Experience

See where this freelancer has spent most of their professional time.

Experienced in Professional Services, Banking and Finance, Retail, Agriculture, and Manufacturing.

Professional Services

Banking and Finance

Retail

Agriculture

Manufacturing

Business Area Experience

See which departments and functions this freelancer has contributed to most.

Experienced in Accounting, Finance, Legal, Project Management, Audit, and Production.

Accounting

Finance

Legal

Project Management

Audit

Production

Summary

Results-driven finance professional with a solid history of achievements in accounting, auditing, and financial analytics. Skilled in leveraging financial data to optimize processes, streamline workflows, and facilitate executive decision-making. Recognized for implementing technology-driven solutions, identifying financial discrepancies, and leading high-performing teams. Eager to further expertise in a creative organization that prioritizes innovation and sustainable growth.

Skills

Financial Analytics & Financial Reporting
Strategic Leadership & Team Development
Erp Implementation & Business Optimization
Tax Compliance Expert & Contract Oversight
Debt Management & Risk Mitigation
Microsoft Office
Power Bi
1c
Oddo
Sap
Sql (Basic)
Financial Modeling
Forecasting & Budgeting
Data Analysis And Interpretation
Erp System Implementation
Accounting Software Proficiency
Taxation Expertise
P&L Management
Debt Reconciliation
Cash Flow Forecasting
Contract Analysis
Analytical Thinking
Strategic Leadership
Detail-Oriented
Collaborative Approach
Effective Communication
Problem-Solving
Adaptability
Team Management
Decision Making
Risk Assessment

Languages

Azerbaijani

Native

English

Advanced

Russian

Intermediate

Education

Academy Europe Open University

MBA · Business Administration

Azerbaijan State Economic University

Bachelors in Finance · Finance · Baku, Azerbaijan

Certifications & licenses

Financial Modeling

Finance Team Lead

CyberSign LLC

F1-F9 Certifications

ACCA

PMS MHBS (FRIS)

Statistics

Experience

Total positions 6

Experience in Professional Services 9 y

Avg length 2 y 6 m

Longest experience 3 y 9 m

Global Experience

Countries worked in 1 (Azerbaijan)

Primary country Azerbaijan

Expertise

Recent roles Head of Accounting, Finance Team Lead, Chief Accountant

Main industries Professional Services, Banking and Finance, Retail

Main business areas Accounting, Finance, Legal

Qualifications

Highest degree Master

Certifications earned 4

Profile

Created

November 2025

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Frequently asked questions

Have questions? Find more information here.

Where is Hikmat based?

Hikmat is based in Baku, Azerbaijan.

What languages does Hikmat speak?

Hikmat speaks the following languages: Azerbaijani (Native), English (Advanced), Russian (Intermediate).

How many years of experience does Hikmat have?

Hikmat has at least 15 years of experience. During this time, Hikmat has worked in at least 6 different roles and for 6 different companies. The average length of individual experience is 3 years and 6 months. Note that Hikmat may not have shared all experience and actually has more experience.

What roles would Hikmat be best suited for?

Based on recent experience, Hikmat would be well-suited for roles such as: Head of Accounting, Finance Team Lead, Chief Accountant.

What is Hikmat's latest experience?

Hikmat's most recent position is Head of Accounting at MJ Financial Services NBCO.

What companies has Hikmat worked for in recent years?

In recent years, Hikmat has worked for MJ Financial Services NBCO and CyberSign LLC.

Which industries is Hikmat most experienced in?

Hikmat is most experienced in industries like Professional Services, Banking and Finance, and Retail. Hikmat also has some experience in Agriculture and Manufacturing.

Which business areas is Hikmat most experienced in?

Hikmat is most experienced in business areas like Accounting, Finance, and Legal. Hikmat also has some experience in Project Management, Audit, and Production.

Which industries has Hikmat worked in recently?

Hikmat has recently worked in industries like Professional Services and Banking and Finance.

Which business areas has Hikmat worked in recently?

Hikmat has recently worked in business areas like Accounting, Finance, and Project Management.

What is Hikmat's education?

Hikmat holds a Master in Business Administration from Academy Europe Open University and a Bachelor in Finance from Azerbaijan State Economic University.

Does Hikmat have any certificates?

Hikmat has 4 certificates. Among them, these include: Financial Modeling, Finance Team Lead, and F1-F9 Certifications.

What is the availability of Hikmat?

Hikmat is immediately available full-time for suitable projects.

What is the rate of Hikmat?

Hikmat's rate depends on the specific project requirements. Please use the Meet button on the profile to schedule a meeting and discuss the details.