CPA BENARD LESALON OLE LETOLUO
Narok,Kenya
Summary
Dynamic finance & accounting professional with a proven track record across different industries, enhancing financial and operational efficiency by over 30%. Expert in Financial Reporting and Analysis, adept in Risk Management, with stellar communication skills. Excelled in leveraging Accounting Software to streamline processes, demonstrating a keen ability to lead, motivate and innovate.
Overview
11
11
years of professional experience
Work History
Finance and Administrative Manager
The Mara Specialist Hospital Ltd
10.2024 - Current
- Design, develop, and update financial, procurement, and administrative policies and procedures.
- Ensure that the finance and administration unit complies with laid-down policies, procedures, and regulations.
- Ensure that all operational services are audited for their efficiency and effectiveness on a regular basis, and that suitable risk management arrangements are established.
- Coordinate the annual audit, and follow up on recommendations and action points raised by auditors.
- Organize the preparation, approval, and execution of the budget, and ensure adequate budget control practices.
- Develop and maintain sound reporting systems to facilitate effective financial management, and strong internal control mechanisms.
- Ensure that an effective internal control system is maintained and adheres to statutory and fiscal requirements.
- Analyze financial and operating data, and prepare management reports, periodic, and annual financial statements for the client.
- Carry out day-to-day operations of the hospital, including maintaining both accounts receivable and accounts payable.
- Prepare the Annual Plan and Budget for the whole hospital.
- Undertake procurement functions and develop a list of approved suppliers for the hospital.
- Timely approve requests for cash and check payments that meet the criteria for the same, ensuring that all expenses are accurately recorded in the system.
- Oversee the recruitment and selection of staff.
- Maintain HR files and records.
- Ensure that there is an adequate and conducive office environment for all staff, including furniture, security and safety, equipment, and supplies.
- Ensure the safe custody and security of all organizations' assets, including vital records (purchase contracts, proof of ownership documents).
- Develop a fixed asset register, and a filling and archiving system, that is maintained.
- Manage support staff, and any other duties assigned from time to time by the Directors.
Chief Accountant
SOLINC East Africa Ltd
05.2020 - 06.2023
- Oversaw the accurate maintenance of company records, including the general ledger, fixed assets, taxation, insurances, securities, payroll, and bank reconciliation, ensuring compliance with internal and external audit standards.
- Reviewed and ensured accurate processing, allocation, and posting of invoices, credit notes, warranty invoices, purchase invoices, and receipts from cash and credit customers.
- Conducted thorough checks on creditors' payments and petty cash, ensuring proper support and alignment with organizational protocols.
- Managed timely preparation of sales-related reports to support decision-making processes.
- Administered the custody and disposal of fixed assets in adherence to company procedures.
- Verified bank reconciliations for all accounts, guaranteeing timely completion.
- Prepared monthly management accounts, including Profit & Loss statements, Balance Sheets, Capex overviews, and other requisite reports, leading to comprehensive year-end accounts.
- Directed and mentored the accounting and administration team, ensuring adherence to company policies, and achievement of performance targets.
- Spearheaded the planning, control, and coordination of the biannual and annual budgeting process, facilitating effective resource allocation.
Assistant Cost Accountant
Associated Battery Manufacturers (E.A) Ltd
02.2017 - 05.2020
- Verified daily data input by production supervisors and updated Manufactured Stock Journals for accurate record-keeping
- Conducted costing analysis for all raw materials and packing materials, both locally sourced and imported, ensuring transparency in pricing
- Maintained an Import Costing Schedule to track all details and charges for imported materials, including landed costs
- Managed accounting for stock movements and engineering stocks to maintain accurate inventory records
- Handled foreign creditors and clearing agents' invoicing, ensuring accounts reconciliation for financial accuracy
- Assisted in the preparation of Management Accounts and monthly reports to support decision-making processes
- Coordinated monthly stock takes, analyzed stock discrepancies, and compiled stock reconciliation and valuation reports
- Calculated material consumption variance and stock price variances to identify cost-saving opportunities
- Accounted for other finished battery movements to track inventory accurately
- Processed and verified Casuals wages on a weekly basis and prepared bulk payments via M-PESA for efficient payroll management
- Ensured accountability of staff travel expenses for both local and overseas travels, maintaining compliance with company policies and budgetary constraints
Accounts Assistant - Payables
Kenya Wines Agency Ltd (KWAL)
01.2014 - 02.2017
- Maintained the Company's local Accounts Payables master file, ensuring accurate and up-to-date records
- Processed invoices for payments promptly on their due dates, adhering to financial timelines
- Updated payable accounts upon receipt of properly approved invoices, maintaining strict financial controls
- Assigned appropriate cost center codes to invoices for accurate budgeting and costing analysis
- Ensured that all settlements were executed only after thorough reconciliation between the supplier and the accounting department
- Reconciled suppliers' accounts (the subsidiary ledger) to the general ledger regularly, resolving any discrepancies promptly to maintain financial integrity
Education
MBA - Finance option
Jomo Kenyata University Of Agriculture And Technology
Nairobi, Kenya12-2022
Certified Public Accountant of Kenya - CPA-K
Kenya Accountants &Secretaries National Education Board
12.2018
Bachelor of Business Management - 2nd Class Hons. Upper Division
Moi University
12.2012
Skills
- Financial Reporting and Analysis
- Internal and External Audit Compliance
- Accounts management
- Cash management
- Supplier reconciliation
- Costing Control and Analysis
- Budget Planning
- Administration and Operations Management
- Asset & Inventory Management
- Payroll Management
- Risk Management and Regulatory Compliance
- Communication Skills
References
- Nixon Paloma Baraza, Group Finance Manager, Associated Battery Manufacturers (EA) Ltd, P.O box 48917, Nairobi, Nairobi, 00100, +254722 840 153, nixon@abm.co.ke
- Benard Ngondo, Finance Director, Kenya Wines Agency Ltd (KWAL), P.O Box 40550, Nairobi, Nairobi, 00100, +254721 412 147, ngondo@kwal.co.ke
- Prof. Daniel Tarus, Senior Lecturer, P.O Box 3900, Eldoret, Uasin Gishu, +254 721 437 531, kdtarus@gmail.com
Timeline
Finance and Administrative Manager
The Mara Specialist Hospital Ltd
10.2024 - Current
Chief Accountant
SOLINC East Africa Ltd
05.2020 - 06.2023
Assistant Cost Accountant
Associated Battery Manufacturers (E.A) Ltd
02.2017 - 05.2020
Accounts Assistant - Payables
Kenya Wines Agency Ltd (KWAL)
01.2014 - 02.2017
MBA - Finance option
Jomo Kenyata University Of Agriculture And Technology
Certified Public Accountant of Kenya - CPA-K
Kenya Accountants &Secretaries National Education Board
Bachelor of Business Management - 2nd Class Hons. Upper Division
Moi University