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Fuad Akhmadov

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Email: ****v@ady.az
Location: Baku, Azerbaijan
Current title:
Infrastructure CFO
Last updated: 22/05/2023 01:14 AM
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About

Fuad Akhmadov is from Baku, Azerbaijan. Fuad is currently Infrastructure CFO at Azərbaycan Dəmir Yolları / Azerbaijan Railways , located in Baku, Baku, Azerbaijan. Fuad also works as Performance improvement consultant at Independent Consulting Practice, a job Fuad has held since Mar 2016.

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Fuad Akhmadov's current jobs
Title: Infrastructure CFO
Period: Dec 2018 - Present (5 years, 11 months)
Location: Baku, Baku, Azerbaijan

Company information: - Holding: group of companies including infrastructure, freight, passenger and consctruction companies - Main products/services: Transportation, construction; ID services – provision of whole rail infrastructure - ADY Staff ~ 18,000; ID staff ~ 7500; directly subordinated staff: up to 60 employees, including regions Functions: - Head of finance, controlling Accounting and Economic units - Financial and crisis management of the department, rail capacity allocation and charging Core achievements: - Redesign of accounting and economic function, new job descriptions, structure and team formation - Full transfer of accounting transactions to electronic document system - Implementation of new reporting system, setting-up of reporting steps and formats - Implementation of rail charging scheme to users of Infrastructure and its services - Architecture of cost allocation system methodology, COS calculation for more than 10 services - Preparation of TOR for ERP implementation - Strategy oriented KPI system – finance and production KPİ-s; New process-based budgeting scheme - Set-up of normative database, with further detection of inefficient personnel, underload of equipment etc. - Optimization of non-profitable businesses; 4 separate business projects (up to 10% effect to total costs)

Title: Performance improvement consultant
Period: Mar 2016 - Present (8 years, 8 months)

Private business consultant - optimization of production processes - puchases/Supply chain analysis and improvement - trainings - accounting support

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Fuad Akhmadov
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