Caroline Muthee
Nairobi, Nairobi Province,30
Summary
Adept at driving financial efficiency and enhancing decision-making at Galana Energies Limited, I leveraged skills in financial analysis and coaching to streamline processes and mentor teams. My strategic approach to cash flow management and commitment to fostering professional development have been pivotal in achieving robust financial health and team dynamics. i bring on board over 17 years of expertise in various roles within the finance department having worked in a multinational company as well as a Indigenous company.
Overview
18
18
years of professional experience
Work History
Finance Manager
Galana Energies Limited
12.2022 - Current
- Reviewed documentation and identified financial discrepancies where applicable.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Developed comprehensive financial reports for executive decision-making support.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Created organizational structures to improve accounting and finance functions.
- Implemented risk management strategies to protect company assets and minimize losses.
- Played key role in strategic planning sessions, offering insights that shaped company direction and growth.
- Developed financial models for new business opportunities, supporting strategic expansion and portfolio diversification.
- Analyzed market trends to advise on potential investment opportunities, aligning with long-term strategic goals.
- Enhanced financial reporting accuracy by implementing advanced software solutions, leading to more informed decision-making processes.
- Coordinated with external auditors to ensure smooth and compliant audit process each fiscal year.
- Optimized cash flow management, allowing for timely investment and debt reduction.
- Collaborated with IT to develop secure, efficient electronic invoicing system, reducing processing times and errors.
- Spearheaded annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
- Supported financial director with special projects and additional job duties.
Financial Accountant
Galana Energies Limited
01.2017 - 12.2022
- Assisted in annual audit preparations, ensuring a smooth process with no major discrepancies found.
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Identified cost-saving opportunities through thorough budget analysis and expense tracking.
- Organized budget documentation and tracked expenses to maintain tight business controls.
- Analyzed and prepared annual budgets to contain costs, minimize losses and assure compliance with internal controls.
- Increased financial accuracy by streamlining the accounts receivable and payable processes.
- Prepared working papers, reports and supporting documentation for audit findings.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
Treasury Accountant
Galana Energies Limited
03.2014 - 12.2016
- Managed relationships with banking partners, negotiating favorable terms on credit facilities and investments.
- Developed informative treasury reports to provide senior management with insights into the company''s liquidity position and risk exposure levels.
- Optimized investment portfolios by closely monitoring market conditions and performing regular risk assessments.
- Provided training sessions aimed at improving the financial acumen of non-finance colleagues, fostering a more cohesive and collaborative working environment across departments.
- Enhanced financial reporting accuracy by conducting thorough daily bank reconciliations for company accounts.
- Diligently monitored interest rate fluctuations, adjusting investment strategies accordingly to preserve capital and maximize returns consistently.
- Maintained integrity of general ledger and chart of accounts.
- Provided journal entries and performed accounting on accrual basis.
Stocks Accountant
Galana Energies Limited
08.2012 - 02.2014
- Supported the successful integration of acquired companies into existing financial systems by managing the transfer and valuation of inventory assets.
- Implemented best practices for tracking consigned inventory, safeguarding company assets while maintaining strong relationships with suppliers.
- Conducted thorough reviews of inventory-related contracts and agreements, ensuring accurate recording and compliance with relevant accounting standards.
- Assisted in the successful completion of annual external audits by providing timely and accurate information on inventory valuations and adjustments.
- Supported budgeting process through the preparation of detailed reports on inventory cost trends and forecasts.
- Facilitated month-end close process by preparing timely journal entries related to inventory transactions, accruals, and adjustments.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
Assistant Management Accountant
KenolKobil Limited-Now Rubis Energy Limited
04.2007 - 08.2012
- Assisted in year-end closing procedures, ensuring timely completion of all required tasks for accurate financial statements.
- Implemented quality assurance programs and procedures of assigned fiscal area.
- Maintained positive relationships with suppliers and other stakeholders through effective communication and prompt issue resolution.
- Developed KPI dashboards to track performance against targets regularly, facilitating informed decision-making within the organization.
- Collaborated with department heads to develop accurate budgets and forecasts, supporting business growth.
- Assisted in preparing monthly management reports, providing valuable insights into the company''s financial health.
- Developed and prepared business intelligence data for decision making and performance analytics.
- Supported internal audit activities by maintaining organized records and providing relevant documentation as needed, increasing efficiency of the process.
- Maintained general ledger integrity with regular reconciliations, identifying discrepancies and implementing corrective actions promptly.
- Used Oracle Software to conduct financial analysis, presenting findings to management.
- Trained new employees on accounting principles and company procedures.
Education
Bachelor of Commerce - Finance
Kenyatta University
12-2007
Skills
- Financial budgeting
- Customer satisfaction
- Internal controls
- Debt management
- Financial audits
- Financial analysis
- Performance analysis
- Coaching and training
- Cost accounting
- Cash flow management
Timeline
Finance Manager
Galana Energies Limited
12.2022 - Current
Financial Accountant
Galana Energies Limited
01.2017 - 12.2022
Treasury Accountant
Galana Energies Limited
03.2014 - 12.2016
Stocks Accountant
Galana Energies Limited
08.2012 - 02.2014
Assistant Management Accountant
KenolKobil Limited-Now Rubis Energy Limited
04.2007 - 08.2012
Bachelor of Commerce - Finance
Kenyatta University
Similar Profiles
Winnie Karwitha MaranguWinnie Karwitha Marangu
Stocks Accountant at Galana Energies LimitedStocks Accountant at Galana Energies Limited
HITESH SHARMAHITESH SHARMA
Sr. HRBP - Talent Management || Performance & Rewards || HR Operations || Strategy at Adani Total Gas Limited (JV - Total Energies Limited & Adani)Sr. HRBP - Talent Management || Performance & Rewards || HR Operations || Strategy at Adani Total Gas Limited (JV - Total Energies Limited & Adani)
Dharma Rao PeerikatlaDharma Rao Peerikatla
Senior Executive - Finance & Accounts at Premier Energies LimitedSenior Executive - Finance & Accounts at Premier Energies Limited