Accountant

We're hiring: Accountant

At CBM Engineering, we are looking for a detail-oriented and analytical Accountant to maintain accurate accounting records and support timely financial reporting.

In this role, you will review and analyze financial transactions, general ledger accounts, project costs, and company expenditures, while ensuring compliance with applicable accounting and tax requirements.

If you are organized, analytical, and committed to accuracy, we’d love to hear from you.

Location: Baku, Azerbaijan

Department: Administration

Key Responsibilities:

• Summarize current financial status by collecting information and preparing balance sheet, profit and loss statement, cash flow information and other financial/management reports;
• Maintain complete and accurate accounting records in accordance with applicable Azerbaijani legislation, tax regulations, company accounting policies and applicable financial reporting standards;
• Maintain accounting controls by preparing, reviewing and recommending policies, procedures and internal controls;
• Perform month-end and year-end closing activities, including general ledger review, reconciliations and required adjusting entries;
• Reconcile financial discrepancies by collecting and analyzing account information and supporting documentation;
• Compile, analyze and report financial data, including significant variances and financial trends;
• Prepare, monitor and submit applicable tax returns, VAT (ƏDV) declarations and other statutory/governmental reports within required deadlines;
• Manage e-qaimə, VAT (ƏDV) transactions and related electronic tax procedures;
• Prepare payments by verifying supporting documentation and requesting/processing disbursements in accordance with approval procedures;
• Reconcile accounts payable and accounts receivable and monitor outstanding customer and supplier balances;
• Process vendor invoices in compliance with contracts, financial policies and procedures;
• Perform day-to-day banking and financial transactions and bank reconciliations;
• Manage payroll processes, including salaries, deductions, taxes, social contributions, leave, overtime and other employee-related payments, and prepare relevant payroll reports;
• Manage inventory accounting and control, including materials, spare parts, equipment and tools held in stock or issued to projects;
• Maintain fixed asset accounting, including capitalization, depreciation, transfers and disposals;
• Maintain project-based accounting and cost allocation, ensuring that revenues, labour, materials, subcontractor costs, equipment and other expenses are correctly allocated to projects/cost centres;
• Prepare and support project profitability, margin and budget-versus-actual analysis for management;
• Maintain accounting records for imported equipment and materials, including supplier invoices, freight, customs duties, import VAT and other attributable costs;
• Account for foreign-currency transactions and related exchange-rate differences;
• Assist management in the decision-making process by preparing budgets, cash-flow forecasts and financial forecasts and monitoring actual performance against budget;
• Prepare financial information required by management, shareholders, banks, auditors and other authorized parties;
• Support external audits, tax inspections and financial reviews/internal audits of branch companies, where applicable;
• Maintain an organized accounting documentation and filing system ensuring traceability of contracts, purchase orders, invoices/e-qaimə, delivery/acceptance documents, payments and accounting entries;
• Recommend financial actions by analyzing accounting options and identifying accounting, tax and financial risks;
• Maintain confidentiality of financial, payroll and commercially sensitive information;
• Perform other accounting and financial duties assigned by management.

Requirements:

Education: Bachelor’s and/or Master’s degree in Accounting, Finance, Economics, Business Administration with an emphasis in Accounting, or a related field.

Specific Professional Competencies:

• Strong practical knowledge of accounting and tax legislation of the Republic of Azerbaijan;
• Strong knowledge of VAT (ƏDV), e-qaimə, payroll, statutory reporting and tax compliance requirements;
• Good understanding of financial statements, including Balance Sheet, Profit & Loss and Cash Flow;
• Practical knowledge of accounts payable, accounts receivable, bank reconciliation, payroll, fixed assets and inventory accounting;
• Ability to perform month-end/year-end closing and general ledger reconciliations independently;
• Knowledge of project accounting/job costing, cost-center accounting and project profitability analysis is highly desirable;
• Experience with imports, customs documentation, foreign-currency transactions and subcontractor accounting is an advantage;
• Experience working with external auditors, tax authorities and banks is an advantage.

Professional Certifications:

• PMS (Peşəkar Mühasib Sertifikatı) is highly desirable;
• ACCA qualification or active progress toward ACCA (e.g., FA, FR, TX, AA, FM) is an advantage;
• IFRS training/certification is an advantage;
• 1C Accounting and/or Azerbaijan taxation/payroll/practical accounting certification is an advantage;
• FMVA® or similar financial analysis/modeling qualification is an additional advantage for budgeting, forecasting and management reporting responsibilities.

Languages:

• Azerbaijani - fluent.
• English - good working proficiency.
• Russian - working proficiency is an advantage.

Computer Skills:

• Proficient user of ERP/accounting software, particularly 1C;
• Advanced Microsoft Excel skills, including PivotTables, XLOOKUP/VLOOKUP, SUMIFS and preparation/reconciliation of financial reports;
• Proficient in Microsoft Office (Word, Excel, PowerPoint) and electronic banking/tax reporting systems.

Experience:

• Minimum 3-5 years’ relevant accounting experience.
• Experience in engineering, construction, oil & gas, industrial services or another project-based business is highly desirable.

Personal Skills:

• Strong analytical and problem-solving skills with high attention to detail and accuracy.
• Ability to work independently without day-to-day supervision and manage multiple priorities and deadlines.
• Strong organizational, documentation and record-keeping skills.
• Good teamwork, communication, interpersonal and customer-service skills for effective interaction with internal and external contacts.
• Ability to identify discrepancies, investigate root causes and recommend practical corrective actions.
• High level of integrity, confidentiality, and professional responsibility.
• Ability to work effectively under operational pressure and meet statutory, management and client deadlines.
• Ability to support project teams and management with timely and accurate financial information.
• Ability to adapt to changing operational requirements and continuously improve accounting processes and controls.

If you're interested in joining our team, we'd love to hear from you.

Interested candidates can send their CV to the e-mail address in the Apply for job button.