Summary
Overview
Work History
Education
Skills
Accomplishments
Affiliations
Referees
Timeline
Generic

CPA Irine Lumatete

KAIMOSI

Summary

CPA Lumatete is a seasoned Public finance management professional with over 14 years’ experience in the Public sector,12 of which are from institutions of Higher Learning. I bring on board my general accounting expertise and experience in addressing and making complex decisions to ensure smooth operation of the support functions of learning and achievement of the institutions mandate while building the institution on a sound financial management base to ensure sustainability.

CPA Lumatete also undertakes training at Diploma, undergratuate and professional/short Course level to students and staff at the University in Accounting and Financial Management.This has enabled me gain a deeper understanding of the academic regulatory environment in the country

Overview

19
19
years of professional experience
22
22
years of post-secondary education

Work History

Deputy Finance Officer/Head of Finance

Kaimosi Friends University College
07.2018 - Current
  • Responsible for Planning, directing, coordinating, and supervising the Finance department
  • Responsible over the full accounting function and the accounting cycle for all University transactions
  • Ensure the general ledger is updated on a daily basis so as to ensure correct extraction of the trial balance and other financial statements
  • Directly and strictly supervise and support the heads of sections in carrying out their responsibilities and setting targets for the sub-section (s)
  • Ensure maintenance of up to date and accurate books of accounts in accordance with accepted policies and procedures
  • This includes institutional, Government, and other relevant financial regulations in the performance of the accounting functions
  • Assist in monthly and year end closings of accounts and accounts analysis
  • Resolve any accounting discrepancies and irregularities there from
  • Responsible for authorizing payments and imprests before these are forwarded for processing
  • Confirm that requests for payments are as per laid down procedures
  • Certify and verify returns, documents, vouchers, monitor collection of revenue and utilization of funds
  • Ensure expenditures are within the voted allocations by continuous monitoring of budgetary allocations and forecasted activities
  • Ensure backup of all financial and accounting data and systems of the University
  • Liaise with both internal and external audit
  • Established and enforced controls on revenue and expenses to protect company assets.
  • Maintained responsive organization with sustained revenue growth through industry forecast monitoring and deliberate financial planning.

Deputy Finance Officer

Masinde Muliro University of Science and Technology
09.2016 - 06.2018
  • Directly and strictly supervise and support the heads of sections in carrying out their responsibilities and setting targets for the sub-section (s)
  • Ensure maintenance of up to date and accurate books of accounts in accordance with accepted policies and procedures
  • This will include institutional, Government, and other relevant financial regulations in the performance of the accounting functions
  • Assist in monthly and year end closings of accounts and accounts analysis
  • Be responsible for authorizing payments and imprests before these are forwarded for processing
  • Confirm that requests for payments are as per laid down procedures
  • Certify and verify returns, documents, vouchers, monitor collection of revenue and utilization of funds
  • Ensure expenditures are within the voted allocations by continuous monitoring of budgetary allocations and forecasted activities.

Senior Accountant

Masinde Muliro University of Science and Technology
12.2014 - 08.2016
  • MMUST).The duties involves
  • Assist in monthly and year end closings of accounts and accounts analysis
  • Resolve any accounting discrepancies and irregularities there from
  • Be responsible for authorizing payments and imprests before these are forwarded for processing
  • Confirm that requests for payments are as per laid down procedures
  • Certify and verify returns, documents, vouchers, monitor collection of revenue and utilization of funds
  • Ensure expenditures are within the voted allocations by continuous monitoring of budgetary allocations and forecasted activities
  • Ensure backup of all financial and accounting data and systems of the University.

Internal Auditor

Jomo Kenyatta University of Agriculture and Technology
08.2012 - 11.2014
  • JKUAT).The duties involves
  • Review risk assessment and risk management by ensuring risks are identified, measured, prioritized and responded to
  • Audit as per work plan prepared on risk basis
  • Review and assess adequacy of internal controls, financial controls, accounting systems and reporting structures to ensure effectiveness
  • To review the systems established to ensure compliance with set policies,plans,procedures,laws and regulations
  • Carry out investigations

Internal Auditor

JG L, Kenya Institute
02.2008 - 07.2012
  • Of Special Education(KISE).The duties involved;
  • Ensuring that the Institute’s strategy is being implemented according to the laid down policies and procedures
  • In charge of staff working in the internal audit department
  • Participating in the preparation and implementation of Strategic plan and operational policies
  • Ensure compliance with the laid down internal controls
  • Verification of payments before they are made
  • Checking the soundness of accounting procedures and reliability of financial records and reports
  • Verify monthly payroll

Accountant

the Institute of Internal Auditors
12.2006 - 02.2008
  • Duties involved;
  • Bank reconciliation, preparing payment vouchers and posting of transactions
  • Preparation of final accounts
  • Trainer for Diploma in Internal Auditing course offered by the Institute of Internal Auditors in collaboration with KCA.

Training Officer

01.2001 - 01.2005
  • Of Internal Auditors Kenya Chapter, Participated in community theatre focusing on HIV/AIDS awareness in Lurambi constituency, Kakamega district

Education

PhD-Accounting - Accounting

Masinde Muliro University of Scie And Technology
09.2020 - Current

MBA - Finance

University of Nairobi
01.2009 - 12.2011

Bachelor of Commerce-Accounting - Accounting

University of Nairobi
09.2002 - 12.2006

Booker Academy, K.C.S.E A-(Minus)
01.1997 - 11.2000

Mwitoti Primary School K.C.P.E 524 Marks
01.1988 - 11.1996

Skills

Computer Knowledgeundefined

Accomplishments

  • Achieved qualified audit opinion for 3 consecutive years through efficient utilization of financial resources and assets and instilling proper internal controls
  • Achieved efficiecny of operations through recommendation for acquisition of an ERP system at MMUST and KAFUCO
  • Process owner for the Finance Department Quality Management System processes and procedures as per ISO 9001:2018 Standard
  • Developed the Kaimosi Friends University College Finance Policy,2022
  • Member of Kaimosi Friends University College 2018-2023 Strategic Plan Development Committee
  • Supervised an mentored a team of 32 accountants in MMUST and currently 14 in Kaimosi University.
  • Member of Strategic Plan Implementation Committee
  • Trainer in the School of Business, Department of Finance and Accounting, Kaimosi Friends University College

Affiliations

Member of the Institute of Internal Auditors M No.1372818

Member of Institute of Certified Public Accountants of Kenya(ICPAK) M No.16901,

Member of University Management Board

Member of University Academic Board Trustee of Kaimosi Friends University College Pension Scheme

Member of the University Appointments and Promotion Committee Member of University Scholarship Committee

Member of University Performance Contracting Committee

Member of University Staff Establishment, Training, Appraisal and Welfare Committee

Secretary to the University Planning and Finance Committee

Member of Contract Implementation Team for the University Capital Projects

Member of the Income Generating Unit Board at Kaimosi Friends University College

Referees

Prof.O.M.J Nandi

Principal

Kaimosi Friends University College

P.O Box 385-50309

Kaimosi

Cell Phone:0720321858


Prof. Joseph Kibet Rotich

Vice Chancellor,

Laikipia University

NYAHURURU

Tel 0729 717466

Timeline

PhD-Accounting - Accounting

Masinde Muliro University of Scie And Technology
09.2020 - Current

Deputy Finance Officer/Head of Finance

Kaimosi Friends University College
07.2018 - Current

Deputy Finance Officer

Masinde Muliro University of Science and Technology
09.2016 - 06.2018

Senior Accountant

Masinde Muliro University of Science and Technology
12.2014 - 08.2016

Internal Auditor

Jomo Kenyatta University of Agriculture and Technology
08.2012 - 11.2014

MBA - Finance

University of Nairobi
01.2009 - 12.2011

Internal Auditor

JG L, Kenya Institute
02.2008 - 07.2012

Accountant

the Institute of Internal Auditors
12.2006 - 02.2008

Bachelor of Commerce-Accounting - Accounting

University of Nairobi
09.2002 - 12.2006

Training Officer

01.2001 - 01.2005

Booker Academy, K.C.S.E A-(Minus)
01.1997 - 11.2000

Mwitoti Primary School K.C.P.E 524 Marks
01.1988 - 11.1996

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CPA Irine Lumatete