BERNARD KIPKIRUI MUTAI
Nairobi
Summary
Results-driven Senior Accountant with over 8 years of extensive experience in financial management, strategic planning, cash flow management, operation management, budgeting, banking, and corporate finance, with a specialized focus in the FMCG sector. Proven expertise in ensuring statutory compliance, meticulous ledger account reconciliation, and implementing robust financial reporting frameworks. Adept in optimizing working capital management and fostering internal control processes. Recognized for hands-on problem-solving, formulating strategic plans, and improving systems and processes to enhance financial performance. Seeking to leverage financial acumen and ERP proficiency to contribute to a dynamic organization.
Overview
12
12
years of professional experience
15
15
years of post-secondary education
Work History
Senior Accountant
Kenya Fresh Export Produce Limited
Nairobi, Nairobi Province
09.2019 - Current
- Analyzes financial data to assist in business profitability and growth
- Develops and maintain budgets, forecasts, and financial models to support strategic planning by managing budgeting, cash flow, audit reporting, internal control, asset management, and logistics to improve overall financial performance and operational efficiency
- Monitors and control costs, expenses, and budgets, identifying areas of overspending and recommending corrective actions
- Conducts variance analysis and trend analysis of key performance indicators (KPIs)
- Prepares financial reports, including income statements, balance sheets, and cash flow statements, Leading bank reconciliations, meticulously verifying bank interests, commissions, and foreign supplier payments, maintaining precision in financial transactions
- Implements and monitors internal control processes to ensure compliance with policies and minimize loss of assets
- Evaluates investment proposals, capital projects, and business initiatives, Implements comprehensive reporting frameworks for subsidiary companies, streamlining financial reporting processes and enhancing decision-making capabilities
- Works closely with department heads and business units to develop annual budgets and performance targets
- Conducts financial risk assessments and prepare quarterly financial management reports
- Collaborating with senior management to optimize working capital management, contributing to financial stability
- Develops and maintains reconciliations of supplier and general ledger accounts, ensuring accurate financial data representation
- Prepares segment-wise debtors report for effective credit management and cash flow forecasting
- Redesigns duties and responsibilities in alignment with SOPs to enhance internal control processes and minimize financial risks
- Utilizes SAP ERP and MS Excel for financial data analysis, report preparation, and decision support
- Spearheading statutory compliance initiatives, ensuring accurate and timely filing of VAT, Excise, and other statutory returns, resulting in successful VAT audit claims and refunds
- Successfully facilitated VAT audit claims and refunds, recovering significant amounts for the organization
- Enhanced financial reporting transparency and accuracy through comprehensive frameworks for subsidiary companies
- Improved internal controls and financial management processes, leading to reduced financial risks and optimized operational efficiency
Accountant
Mobile Hub Kenya
Nairobi, Nairobi Province
09.2014 - 03.2018
- Oversaw financial transactions by ensuring accuracy and timeliness in recording and reporting
- Developed and monitored budgets by ensuring expenditures aligned with approved budgets, Advised on budgeting to achieve fiscal sustainability, developing and managing departmental budgets
- Implemented and monitored internal control processes to ensured minimized loss of assets and ensured compliance with policies
- Tracked revenue collection and expenditures based on approved budget
- Oversaw procurement process by ensuring prudence, cost-effectiveness, accountability, and fairness
- Ensured compliance with all relevant tax laws and regulations
- Managed payroll processes and ensured timely remittance of statutory deductions
- Prepared financial reports and statements for stakeholders
- Maintained and updated organization's physical assets through appropriate tracking system
- Conducted financial risk assessments and prepared quarterly financial management reports
- Provided feedback to senior management on policy changes to improve operational efficiency and cash flow management
- Developed an internal policy and procedures manual focused on accountability and compliance
- Enhanced financial data integrity and ensured compliance with tax and financial obligations
Relationship Officer
Equity Bank Limited
Nairobi, Nairobi Province
06.2013 - 12.2013
- Managed and enhanced commercial portfolio and established new borrowing relationships for SME Business Banking
- Conducted credit and financial analysis, managed loan portfolios, and maintained complete control aspects including documentation and client visits
Education
Master of Business Administration - Accounting Option
University of Nairobi
Nairobi, 30 11.2011 - 12.2014
Certified Public Accountant -
KASNEB
Nairobi, 30 06.2011 - 12.2013
Bachelor of Co-operative Business - Finance Option
Jomo Kenyatta University of Agriculture And Technology
Nairobi, 30 05.2005 - 07.2010
Investment & Security Analyst Level 1 -
KASNEB
Nairobi, 30 06.2007 - 12.2007
Kenya Certificate of Secondary School Education -
Tenwek High School
Nairobi, 30 01.2000 - 12.2003
Skills
Bank reconciliation
undefinedAffiliations
Associate Member of the Institute of Certified Public Accountants of Kenya (ICPAK)
Timeline
Senior Accountant
Kenya Fresh Export Produce Limited
09.2019 - Current
Accountant
Mobile Hub Kenya
09.2014 - 03.2018
Relationship Officer
Equity Bank Limited
06.2013 - 12.2013
Master of Business Administration - Accounting Option
University of Nairobi
11.2011 - 12.2014
Certified Public Accountant -
KASNEB
06.2011 - 12.2013
Investment & Security Analyst Level 1 -
KASNEB
06.2007 - 12.2007
Bachelor of Co-operative Business - Finance Option
Jomo Kenyatta University of Agriculture And Technology
05.2005 - 07.2010
Kenya Certificate of Secondary School Education -
Tenwek High School
01.2000 - 12.2003
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