AGGRAY KURONGA KALU
ACCOUNTANT
MOMBASA
Summary
Hardworking, efficient, honest and self disciplined person who is flexible to face reality in the midst of truth and facts, eager to learn, grow professionally and able to set goals, pursue them and believe that team work is of essence.
Overview
4
4
years of professional experience
Future Career Objectives
- To work in a growing and fast paced environment.
- To use the knowledge and skills that I have acquired in the improvement of human life in Kenya and the world at large.
- To further my education.
Work History
Treasury Accountant
Pwani Oil Products Limited
KIKAMBALA, KILIFI
07.2023 - Current
- Cash Management : Monitor daily cash balances and ensure there is enough liquidity to support company's operations. This involves forecasting cash flows, managing cash accounts, and optimizing cash utilization to meet working capital needs.
- Treasury Operations : Overseeing day-to-day treasury operations, such as processing payments, posting customer receipts and cheques, reconciling bank accounts etc.,
- Banking Relationships: Maintaining relationships with banks and financial institutions, negotiating terms for banking services, and managing bank accounts. Oversee bank transactions.
- Cash Forecasting: Develop short-term and long-term cash forecasts to anticipate funding requirements and plan for investment opportunities. Analyzing historical cash flows, current financial data, and future business plans to accurately predict cash needs.
- Risk Management: Identifying and mitigating financial risks, such as interest rate risk, currency risk, and credit risk, through appropriate financial instruments and strategies.
- Financial Reporting: Prepare financial reports related to cash flow, liquidity, and treasury activities for internal and external stakeholders.
- Compliance and Regulation: Ensure compliance with relevant financial regulations and accounting standards. Stay updated on changes in regulations that could impact treasury operations and implement necessary controls to maintain compliance.
- Collaboration : Collaborating with other departments, such as supply chain, marketing, sales and marketing, to support their financial needs and objectives.
- Continuous Improvement : Identifying opportunities for process improvements and efficiency gains within the treasury function, including the adoption of new technologies and best practices.
Accounts Payable Assistant
Pwani Oil Products Limited
KIKAMBALA, KILIFI
06.2021 - 06.2023
- Invoice Processing: Receive, review, and process invoices from suppliers. Verifying accuracy of invoices, matching them to purchase orders and Goods Receipt Note(GRN).
- Payment Processing: Prepare and process payments to suppliers according to established payment terms and schedules.· Ensuring timely payment of invoices to take advantage of early payment discounts and avoid late fees. Reconciling payment batches and resolving any discrepancies.
- Compliance and Internal Controls: Ensure compliance with company policies, accounting standards, and regulatory requirements related to accounts payable processes. Adhere to internal controls and segregation of duties to prevent fraud and errors in payment processing.
- Vendor Management: Maintain relationships with suppliers, addressing inquiries and resolving any issues related to invoices, payments, or account statements. This includes reconciling vendor statements with accounts payable records to ensure accuracy.
- Expense Management: Monitor and control company expenses by accurately recording and categorizing payable transactions. Coding invoices to appropriate general ledger accounts and cost centres, ensuring proper classification for financial reporting purposes.
- Accruals and Prepayments : Record accruals for expenses incurred but not yet invoiced and prepayments for expenses paid in advance. Ensuring that financial statements accurately reflect company's liabilities and expenses during reporting period.
- Reconciliation and Reporting: Reconciling accounts payable transactions, including supplier statements and general ledger. Preparing month-end and year-end closing reports, ensuring all accounts payable transactions are accurately recorded.
- Vendor Negotiation: Assist in negotiating favorable payment terms with vendors and suppliers to optimize cash flow and working capital management. This may involve evaluating discounts for early payment and negotiating payment terms based on the company's financial position and cash flow requirements.
- Reporting and Analysis: Prepare accounts payable aging reports, and other financial analysis to support decision-making and reporting requirements. Provide insights into payables trends, vendor performance, and opportunities for process improvements.
- Process Improvement: Identify opportunities to streamline accounts payable processes, reduce cycle times, and improve efficiency. Implement best practices, automation tools, and technology solutions to enhance effectiveness of accounts payable function.
Education
Bachelor of Commerce - Finance
LUKENYA UNIVERISTY
Mtito Andei, Makueni County 05.2018 - 12.2020
CANON KITURI SECONDARY SCHOOL
Werugha, Taita Taveta District 02.2014 - 12.2017
PROFESSIONAL COURSES
Certified Public Accountant
Intermediate Level - May 2024- Present
Skills
- Accounting Skills: Knowledge of accounting and bookkeeping terminology and practices; Ability to understand and apply current accounting guidelines, system updates and revisions, and policy changes
- Financial Skill: Measuring financial risks and implementing strategies to minimize risk Advising on financial implications and consequences of business decisions
- Planning and Organizing : Refined planning and organizational skills that balance work, team support and ad-hoc responsibilities in timely and professional manner
- Interpersonal and communication skills: Able to build and understanding client needs and concerns
- Analytical Skills : Recognizes areas of weaknesses requiring improvements and makes recommendations to management for consideration, approval and implementation
- ICT Competence : Good command of Microsoft Office tools, word processing, data handling and processing, presentation, operating systems and internet Well advanced with Oracle ERP software
Affiliations
- Reading Travelling Swimming Cooking
Languages
English
Fluent
Swahili
Fluent
REFERENCES
MARYAM AWADH
FINANCE MANAGER
PWANI OIL PRODUCTS LIMITED
+2547 21 928 683
maryam.salim@pwani.net
JAFFER MOHAMED
SENIOR EXECUTIVE TREASURY & COMPLIANCE
PWANI OIL PRODUCTS LIMITED
+2547 22 178 554
jaffer.mohamed@pwani.net
VINCENT NYAGA
SENIOR EXECUTIVE ACCOUNTS PAYABLE
PWANI OIL PRODUCTS LIMITED
+2547 25 440 242
vincent.nyaga@pwani.net
Timeline
Treasury Accountant
Pwani Oil Products Limited
07.2023 - Current
Accounts Payable Assistant
Pwani Oil Products Limited
06.2021 - 06.2023
Bachelor of Commerce - Finance
LUKENYA UNIVERISTY
05.2018 - 12.2020
CANON KITURI SECONDARY SCHOOL
02.2014 - 12.2017
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