Quickbooks
CPA Nahashon Kariuki Waithaka
Chief Finance Officer {CFO}
Nairobi
Summary
Visionary Finance and Operations Leader with 15+ years of global experience in optimizing operational strategies across diverse industries. Expert in financial planning, budgeting, cash flow management, and compliance. Proven track record in boosting profitability, managing risk, and driving cost reduction. Strong leader skilled in aligning financial operations with strategic business goals to deliver impactful results.
Overview
18
18
years of professional experience
2
2
Certificates
Work History
Outsourced Services Manager
MGK Consulting
06.2024 - Current
- Leading a high-performing team, fostering a collaborative and results-driven environment, and motivating team members toward achieving organizational goals.
- Providing strategic guidance by analyzing processes and implementing effective strategies.
- Conducting in-depth business analysis to identify opportunities for growth, cost reduction, and efficiency.
- Delivering administrative support, ensuring governance compliance, and facilitating efficient communication.
- Implementing quality controls, conducting audits, and developing risk mitigation strategies.
- Managing multiple consulting projects by allocating resources and overseeing budgets.
- Establishing performance metrics and continuously providing recommendations for improvement.
- Managing global payroll, ensuring compliance with tax regulations, and resolving inquiries promptly. Overseeing accurate payroll processing and supporting tax planning.
- Handling recruitment and HR administration, ensuring adherence to labor laws across different regions.
- Overseeing fund management by ensuring adherence to investment strategies, monitoring performance, and providing transparent reports.
- Overseeing accounting services, optimizing processes, preparing tailored financial statements, assisting clients with financial statements, and maintaining general ledgers.
- Effectively communicating complex concepts, demonstrating industry expertise, and staying informed about industry trends.
- Establishing and nurturing long-term client relationships, meeting evolving needs through tailored solutions, and exploring opportunities for service expansion.
- Facilitating client onboarding, identifying new opportunities, and expanding the client base.
- Assisting clients in managing organizational change and driving stakeholder engagement.
Finance Manager
Career Directions Ltd
05.2020 - 05.2022
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.\overseeing branches in Uganda, Tanzania, Ghana, and Kenya.
- Reporting-Responsible for accurate and timely financial reporting, including income statements, balance sheets, and cash flow statements, ensuring adherence to accounting standards and regulations.
- Identified and assessed financial risks, implemented risk mitigation strategies, and maintained internal controls for asset safeguarding and regulatory compliance.
- Monitored and managed cash flows across branches, optimizing working capital and ensuring liquidity for daily operations. Managed financial operations, including accounts payable, accounts receivable, general ledger, payroll, and tax compliance, with a focus on precision and timeliness.
- Provided financial insights and recommendations for strategic decisionmaking, encompassing investment analysis, cost-benefit analysis, and profitability analysis.
- Financial Operations and Bank Payments Management -Approving bank payments, payrolls and acting as a bank agent for the organization
- Collaborated with the audit team to develop audit plans, conducted financial statement analysis, and evaluated internal controls, and prepared audit documentation and reports.
- Ensured financial compliance with laws, regulations, and internal policies, overseeing the audit process and coordinating with external auditors.
- Led and managed finance teams across multiple countries, offering guidance, mentorship, and performance evaluations, and collaborated with crossfunctional teams to achieve financial objectives.
- Effectively communicated financial information to non-financial stakeholders, presenting financial reports and analysis to support informed decision-making.
- Proactively identified process enhancement opportunities, championing the implementation of best practices for improved efficiency in financial operations and reporting.
- Played a pivotal role in supporting CDL's growth and financial well-being across diverse regions
Senior Accountant
Worldstar Trading Limited
01.2017 - 04.2020
- Ensured payroll, statutory, and taxation compliance.
- Prepared budgets for the entire company and individual departments.
- Monitored and reported on accounting errors, suggesting necessary corrective actions.
- Responded to finance-related inquiries from employees, shareholders, customers, and authorities.
- Ensured financial records complied with company policies and accounting principles.
- Maintained and updated the Fixed Assets Register.
- Supervised the Finance Team, including Accounts Receivable/Payable, Payroll, Internal & Credit Control.
- Managed financial operations and bank payments, including approving bank payments, payrolls, and acting as a bank agent for the organization.
- Handled financial records for import and resale activities.
- Prepared financial documentation for tendering and construction projects.
- Oversaw financial transactions related to hardware store operations.
- Ensured compliance with accounting standards and regulatory requirements.
- Prepared and analyzed financial statements.
- Managed payroll and tax compliance.
- Conducted budgeting and forecasting for financial performance.
- Performed monthly and annual closing processes.
- Reconciled bank statements, accounts payable, and accounts receivable.
- Assisted in internal and external audits by providing required documentation and explanations.
- Developed and maintained financial policies, procedures, and internal controls.
- Managed cash flow, ensuring liquidity and financial stability.
Accountant
Java House Africa Ltd
02.2007 - 04.2015
- Managed all financial transactions, including daily sales, inventory purchases, and payroll for multiple restaurant locations.
- Prepared and analyzed financial statements, including profit and loss statements, balance sheets, and cash flow statements, to provide insights into the financial health of each restaurant.
- Developed and implemented financial controls to prevent theft, fraud, and accounting errors, ensuring accuracy in financial reporting.
- Conducted regular reconciliations of bank statements, accounts receivable, and accounts payable to maintain accurate financial records.
- Oversaw the preparation of budgets and forecasts, analyzing variances between actual and budgeted figures to recommend cost-saving measures.
- Monitored daily cash flow and managed working capital to ensure the restaurants had sufficient liquidity for operations.
- Handled tax compliance, including preparation and filing of VAT, income tax, and other statutory returns, ensuring adherence to local regulations.
- Coordinated with restaurant managers and kitchen staff to align inventory management with financial objectives, reducing waste and optimizing inventory turnover.
- Managed payroll processing, ensuring timely and accurate payment to all restaurant staff and compliance with labor laws.
- Supported external audits by providing financial data, documentation, and explanations, ensuring transparency and accountability.
- Developed and maintained relationships with suppliers and creditors, negotiating favorable payment terms and ensuring timely payments.
- Provided financial insights and reports to senior management to aid in strategic decision-making and operational planning.
- Implemented accounting software and systems to streamline financial processes and improve efficiency across all restaurant locations.
- Trained and supervised junior accounting staff, ensuring they adhered to best practices and maintained high standards of financial accuracy.
Education
Master of Science - Development Finance
KCA University
Nairobi 04.2001 -
CCP (K)-Certified Credit Professional - Credit Management
Kenya Methodist University
Nairobi Campus 04.2001 -
Higher Diploma - Theological Education By Extension(T.E.E)
Presbyterian University of East Africa
Nairobi Kenya 04.2001 -
Bachelor of Science - Finance
Mount Kenya University
Nairobi Kenya 04.2001 -
A Diploma - Business Management
Kenya Institute of Management
Nairobi 04.2001 -
CPA (K) - Certified Public Accountant
Kenya College of Accountancy University
Nairobi 04.2001 -
Skills
Technical knowledge,
Accomplishments
- Client Growth & Strategic Analysis- Increased client acquisition by 25% and boosted profitability by 30% through effective onboarding, service expansion, and targeted business analysis.
- Team Leadership & Project Delivery- Led a team of 12, fostering collaboration and improving project delivery timelines by 25%.
- Operational Efficiency & Financial Oversight- Achieved a 20% reduction in operational costs and a 25% decrease in financial discrepancies by optimizing processes and implementing strategic initiatives.
- Payroll Compliance & Client Engagement- Ensured 100% payroll accuracy, supported tax planning, and enhanced client engagement by 20% through clear communication and industry expertise.
Additional Information
Ready to learn and adopt change
Certification
CPA(K)-Certified Public Accountant
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Affiliations
- A Member of Institute of Certified Public Accountants of Kenya(ICPAK)
Technology Enthusiasm , Networking & Travel , Mentoring or Coaching , Charity or Volunteer Work
Technology Enthusiasm
Highly enthusiastic about integrating technology in finance and operations. Skilled in using advanced software like QuickBooks and SAP,Xero,Odoo,Zoho, Continuously learning emerging technologies to optimize workflows and drive efficiency.
Networking & TravelActive in networking through industry events and conferences across East Africa. Enjoy traveling to understand different market dynamics and build valuable professional connections.
Mentoring or CoachingCommitted to mentoring junior staff and peers. Regularly conduct training sessions to build skills in financial analysis, reporting, and compliance.
Charity or Volunteer WorkEngaged in volunteer work focused on financial literacy programs and community development projects, providing pro bono consultancy and mentoring to non-profit organizations.
Work Preference
Work Type
Full TimePart TimeContract WorkWork Location
HybridRemoteOn-SiteImportant To Me
Career advancementWork-life balanceCompany CultureFlexible work hoursPersonal development programsTeam Building / Company RetreatsTechnology Enthusiasm , Networking & Travel , Mentoring or Coaching , Charity or Volunteer Work
Technology Enthusiasm
Highly enthusiastic about integrating technology in finance and operations. Skilled in using advanced software like QuickBooks and SAP,Xero,Odoo,Zoho, Continuously learning emerging technologies to optimize workflows and drive efficiency.
Networking & TravelActive in networking through industry events and conferences across East Africa. Enjoy traveling to understand different market dynamics and build valuable professional connections.
Mentoring or CoachingCommitted to mentoring junior staff and peers. Regularly conduct training sessions to build skills in financial analysis, reporting, and compliance.
Charity or Volunteer WorkEngaged in volunteer work focused on financial literacy programs and community development projects, providing pro bono consultancy and mentoring to non-profit organizations.
Quote
Leadership is about setting a vision, empowering others to achieve it, and navigating challenges with resilience and clarity to create lasting value
CPA Nahashon Waithaka
Software
ZohoBooks
Pastel
Sage
Languages
English
Bilingual or Proficient (C2)
Timeline
CCP-Certified Credit Proffessional
07-2024
Outsourced Services Manager
MGK Consulting
06.2024 - Current
Finance Manager
Career Directions Ltd
05.2020 - 05.2022
Senior Accountant
Worldstar Trading Limited
01.2017 - 04.2020
CPA(K)-Certified Public Accountant
01-2012
Accountant
Java House Africa Ltd
02.2007 - 04.2015
Master of Science - Development Finance
KCA University
04.2001 -
CCP (K)-Certified Credit Professional - Credit Management
Kenya Methodist University
04.2001 -
Higher Diploma - Theological Education By Extension(T.E.E)
Presbyterian University of East Africa
04.2001 -
Bachelor of Science - Finance
Mount Kenya University
04.2001 -
A Diploma - Business Management
Kenya Institute of Management
04.2001 -
CPA (K) - Certified Public Accountant
Kenya College of Accountancy University
04.2001 -
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