Summary
Overview
Work History
Education
Skills
Certification
CPA
Timeline
Generic

Yakhyo Avazov

CFO
Dallas,Texas

Summary

CFO who is people oriented, strategic thinker, highly regarded as the asset guardian in the organization. Successful in partnering in all areas of the business to deliver target finance results, compliance, and quality reporting. Procurement lead, who dives deep into details of operating and capital expenditures. Successfully managed largest shopping centers in the country.

Overview

16
16
years of professional experience
4
4
years of post-secondary education
2
2
Certifications

Work History

CFO

UOIC
Tashkent, Uzbekistan
01.2021 - 07.2023
  • Operational Leadership: Work with CEO and 4-member Board of Directors to develop and execute strategic goals and objectives of the portfolio of commercial real estate assets under active management of the private equity company over GBA of 2.5 million sq. ft. Achieved cost optimization equivalent of 3% of asset value. Achieved a 20% YoY increase in EBITDA, annual revenue $30M+, and coordinated creation of the unified leasing agreement. Win over anchor tenant who was considering to exit.
  • Financial Reporting: Prepared and presented comprehensive reports for quarterly Supervisory Board meetings. Delivered monthly financial and operational results with detailed variance analysis. Compiled IFRS financial statements. Successfully designed and gained approval of a 5-year business plans
  • Cash Flow Management: Managed cash flow and treasury/financing operations while ensuring timely dividend payouts. Manage all capital expenditure projects
  • Governance and Risk Management: Updated internal policies, SOP documents
  • Accounting Department: Review and reconcile balance sheet accounts monthly, coordinated with external and internal auditors on a quarterly basis.

Management Consultant

RGP/Lannick
Toronto, Canada
05.2015 - 01.2021
  • Accounting Standards: Project manager of IFRS 9 and IFRS 15 implementation within major banks in Canada. Revenue recognition project for major client.
  • Financial Reporting: Reporting manager of US GAAP based financial statements for major utility company in Toronto.
  • Portfolio Reporting: Management consultant for portfolio reporting worth of $2 billion in assets and daily cash reconciliation for two securitized trusts. Manage annual audit requests. Manage loan reporting of newly acquired vehicle financing company with its Lender.
  • Audit Facilitation: Identify and correct any accounting or internal control issues in order to facilitate audit opinion with no audit adjustment or control deficiencies
  • ERP used: Consultant for quality assurance with data migration when S/4 Hana been implemented. Workday implementation.

Senior Auditor

PwC
01.2015 - 05.2015
  • Audit Leadership: Led asset management mutual fund and pension plan audit project, ensuring timely results and issuance of thirty-six mutual funds' financial statements. Trained team of 5 people on audit best practices, and audit documentation.

Consultant

TD Bank Group
Toronto
05.2014 - 01.2015
  • System implementation: Developed a new financial projection reporting system for the client’s projects with a senior manager and successfully managed migration of data from Legacy format to the new system
  • Corroborated with bank’s project managers for clearing any outstanding open items in terms of value creation for the client.

Senior Auditor

PwC
New York, NY
01.2011 - 06.2012
  • Audit and Analysis: Led audit teams, assessed financial statements and disclosures for accuracy and reliability, documenting audit findings and supporting evidence. Clients included broker dealers, SPEs and private equity funds
  • Financial Instruments: Evaluated financial instruments, including equities, bonds, derivatives, SPEs and loan products. Used Bloomberg and other trading systems to verify, recalculate and fair value certain transactions and instruments.
  • Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
  • Developed and implemented corrective actions to bring business areas in line with standards.

Finance Manager

JV Taskonak LTD
Tashkent, Uzbeksitan
11.2009 - 01.2011
  • Managed financial operations of 4 manufacturing plants: furniture, confiture, carpet and plumbing supplies. Created financial reporting, risks analysis and treasury systems within the assets.
  • Cost Optimization: Reviewed and updated approved vendor lists, where saved 10-25% on COGS. Implemented new unit costs calculation templates.
  • Trained new and existing staff members in various financial procedures to prepare for job requirements.
  • Executed vendor setup and payment, administration of bank accounts and account reconciliations.

Auditor III

Deloitte & Touché LLP
Tashkent, Uzbekistan
04.2007 - 11.2009
  • Audit Expertise: Audited financial statements of banks, insurance, and manufacturing companies based on IAS. Clients reported both in IFRS and US GAAP. Performed loan reviews, compilation of financial statements and other ad hoc projects. Inventory and cash counts, confirmations, test of detail and analytical procedures. Recalculation of deferred tax, plant visits and observations.
  • Interviewed auditees to gather data needed to conduct audits.

Education

Bachelor of Arts - Accounting

Baruch College of The City University of New York
New York, NY
09.2002 - 01.2007

Skills

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Certification

Chartered Public Accountant

CPA

Certified Public Accountant

Timeline

CFO

UOIC
01.2021 - 07.2023

Chartered Public Accountant

05-2015

Management Consultant

RGP/Lannick
05.2015 - 01.2021

Senior Auditor

PwC
01.2015 - 05.2015

Consultant

TD Bank Group
05.2014 - 01.2015

Senior Auditor

PwC
01.2011 - 06.2012

Finance Manager

JV Taskonak LTD
11.2009 - 01.2011

Certified Public Accountant

10-2009

Auditor III

Deloitte & Touché LLP
04.2007 - 11.2009

Bachelor of Arts - Accounting

Baruch College of The City University of New York
09.2002 - 01.2007

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Yakhyo AvazovCFO