David Mwita Nyamai
Nairobi
Summary
I am interested in a challenging position with a progressive organization where my qualifications, abilities and experience will help improve the quality of its services and help it achieve its mission; as well as build my capacity to enhance my capability and performance.
A Multi-Skilled Professional Finance Manager with 20+ years of experience in accounting and financial management within Government and Non- Governmental Organizations and Private sector. Key competences include Costing, Financial planning and analysis, Financial modelling, Cashflow optimization, Financial Reporting, Planning and Budgeting, business controls, Risk Management, operational and financial internal audits in Business and Non - Governmental Organizations environments, computerized accounting and sound project management skills. Additional capabilities in: Knowledge of IFRSs IPSAS, IASs, GAAPs Analytical Skills Control Self-Assessment Team Player Project Management Strategic thinking Excellent Communication International Experience Ability to thrive in a fastpaced, dynamic environment Strong analytical skills and attention to detail
Overview
21
21
years of professional experience
1
1
Certification
Work History
Principal Finance Officer
KENYA VISION 2030 DELIVERY SECRETARIAT (VDS)
12.2020 - 06.2023
- Provide leadership in the formulation and implementation of financial policies, systems and regulations for Vision2030 as per IPSAS and IFRS and Government of Kenya
- Coordinate the development and adoption of local and international accounting and reporting standards
- Effectively manage the activities in the Finance & Administration department
- Prepare and distribute all relevant financial reports
- Co-ordinate the process of corporate financial planning, budgeting and control
- Source, allocate, avail and monitor utilization of financial resources
- Provide professional advice on the best investment decisions and utilization of company's assets and collected revenues
- Facilitate and co-ordinate the work of external auditors and Vision2030
- Develop, maintain and keep custody of all Finance and Accounting records and documents
- Overseeing the Human Resources and Administration department - 2017-2021
- Management of all VDS fixed assets
- Risk Management
- Vetting and Negotiation of Ministries Departments and Agencies on their performance contracts for each financial year
Chief Finance Officer
KENYA VISION 2030 DELIVERY SECRETARIAT (VDS)
03.2011 - 12.2020
- Provide leadership in the formulation and implementation of financial policies, systems and regulations for Vision2030 as per IPSAS and IFRS and Government of Kenya
- Coordinate the development and adoption of local and international accounting and reporting standards
- Effectively manage the activities in the Finance & Administration department
- Prepare and distribute all relevant financial reports
- Co-ordinate the process of corporate financial planning, budgeting and control
- Source, allocate, avail and monitor utilization of financial resources
- Provide professional advice on the best investment decisions and utilization of company's assets and collected revenues
- Facilitate and co-ordinate the work of external auditors and Vision2030
- Develop, maintain and keep custody of all Finance and Accounting records and documents
- Overseeing the Human Resources and Administration department - 2017-2021
- Management of all VDS fixed assets
- Risk management
- Vetting and Negotiation of Ministries Departments and Agencies on their performance contracts for each financial year
Finance Manager
World Vision - Kenya Agency for Development of Enterprises & Technology (KADET) Ltd.
01.2010 - 02.2011
- Payroll Processing
- Monthly Financial reporting
- Liquidity Management
- Verification of expenses for payment
- Checking of bank reconciliation statements
- Follow up on audit recommendations to ensure they are implemented
- Supervision of other staff in the department
- Management of the Accounting software (Sun System)
- Ensure payment of obligations when they fall due-loans, interest etc
- Provide any finance related information required for decision making
- Monitoring of investments as they mature and communicate in good time so that plans for reinvestment are made on time
- Monitoring of funds coming in from loaners and donors and ensuring they are posted in the system correctly
- Ensure that the cash in hand and at bank plus the short term investments is greater than or equal to the client's savings
- Offer supervision and guidance to the branch accountants
- Part of the interviewing panel that recruits staff in to the department
- Follow up on debtors
- Vision Sacco Management and credit Committee Member
Acting Finance & Administration Director
World Vision - Kenya Agency for Development of Enterprises & Technology (KADET) Ltd.
04.2010 - 09.2010
- Provide leadership in the formulation and implementation of financial policies, systems and regulations for KADET Ltd as per IAS and IFRS
- Coordinate the development and adoption of local and international accounting and reporting standards
- Effectively manage the activities in the Finance & Administration department
- Prepare and distribute all relevant financial reports
- Co-ordinate the process of corporate financial planning, budgeting and control
- Source, allocate, avail and monitor utilization of financial resources
- Provide professional advice on the best investment decisions and utilization of company's assets and collected revenues
- Facilitate and co-ordinate the work of external auditors and World Vision
- Develop, maintain and keep custody of all Finance and Accounting records and documents
- In-charge of the procurement department and ensuring that procurement is undertaken per the regulations
Management Accountant
KADET Limited
11.2008 - 12.2009
- Company Overview: A micro finance investment of World Vision Kenya
- Reconciliation of all the collection and payments accounts of the company and assessing the risk aspects
- Reconciliation of the emerge (loan system) and Sun systems (accounting system) reports for management purposes
- Monitoring of the investments of the company e.g
- Fixed deposits and Treasury Bonds
- Coordinating and monitoring the loan repayments along with the credit officers and branch accountants
- Approving of payments for expenditures
- Preparation of management report as well as monitoring of the cash position for liquidity purposes
- Reporting to the finance director on the management reports
- Overseeing the administration function of the company
- Assets management and control through the register, schedules and movements
- Coordination of external audit function of the company
- A micro finance investment of World Vision Kenya
Finance and Administration Accountant
AMWIK ~ Association of Media Women in Kenya
03.2005 - 11.2008
- Company Overview: One of the leading NGO media associations in Kenya fronting for the right to and use of information and creating a society that has equitable opportunities
- Management and control of the whole of AMWIK Computerized Accounting system with daily checks and generation of timely financial reports when required
- Monitoring and Evaluation of field site projects in North Eastern, Central, Eastern and Western Kenya
- Training of programme officers and other staff on financial management and technical support on budgeting
- Periodic Telegraphic transfer of funds to four different AMWIK partner organizations involved in exchange of personnel namely (Zambia Media Women Organization, Uganda Media Women Organization, Tanzania Media Women Organization and Ethiopia Media Women Organization
- Review, Verification and Consolidation of partner's quarterly financial reports and review of their budgets
- Preparation on a monthly basis the financial reports on status of AMWIK projects and close monitoring of expenditure to avoid unfavorable variance with the budget
- Preparation and requisition of Workshop advances to facilitate ongoing AMWIK projects and reconciliation of project advances in good time
- Financial Advisory support to AMWIK partner organization on the Fredskorpset (donor) financial reporting requirement and procedures to ensure compliance as well as preparation of responses to accounting and audit queries by the regional Africa office in Uganda
- Participation in periodic training workshops for financial managers and project officers working with various NGOs organized by donors
- Formulating fundraising strategies for AMWIK along with the fundraising committee
- Carrying out administrative support duties such as income tax deductions and payroll preparation for AMWIK staff, Purchase of goods and services for AMWIK projects, Hotel and ticket confirmations for partners meetings both locally and internationally especially during workshops and general office transport co-ordination and office equipment maintenance
- One of the leading NGO media associations in Kenya fronting for the right to and use of information and creating a society that has equitable opportunities
Projects Accountant
ANPPCAN ~ African Network for the Prevention and Protection against Child Abuse and Neglect (Regional office)
08.2002 - 03.2005
- Company Overview: One of the leading international Non-Governmental organization in Kenya in Child Advocacy and protection, Child Labour, Abuse, Neglect and Trafficking, Community Organization Trainings with Eighteen Chapters in Africa
- Executed a Financial reporting system which is compliant to projects agreements with donors
- Performed a special investigation project on Exchange of personnel within the ANPPCAN Chapters in Africa
- I set up a Computerised accounting system (QuickBooks) which is currently in operation in the Regional Office
- Compilation and consolidation of financial statements for ANPPCAN Chapters i.e
- ANPPCAN Nigeria, Benin, Ethiopia, Togo, Uganda, Zambia, Zimbabwe, Mauritius, Kenya Chapter, Liberia and Tanzania
- Preparation of financial statement following the international accounting requirements and relevant donor specification
- Development and monitoring of project as well as fiscal year budgets
- Preparation of bank reconciliation's, Cash books Fund accountability statements/Narratives and petty cash imprest management system
- Monitoring budgets and controlling expenditure to concur to the best with budgets (Variance analysis)
- Implementation of internal controls and assessments
- Payroll preparation for over 30 employees and tax deductions paid to relevant authority (KRA)
- Organising foreign currency transfers to 16 chapters in Africa (telegraphic transfers)
- Carrying out internal checks on the budgets and financial accounts/statements for ANPPCAN chapters in Africa as well as consolidating their Annual financial reports according to the donor requirements and procedures
- Periodic field monitoring trips with project managers and officers to project sites for Child Right and Child labour (Kericho, Suba, Homabay, Butere Mumias, Siaya, Kiambu, Makuyu and Maragua districts) funded by ILO and compilation of field monitoring reports
- One of the leading international Non-Governmental organization in Kenya in Child Advocacy and protection, Child Labour, Abuse, Neglect and Trafficking, Community Organization Trainings with Eighteen Chapters in Africa
Education
MBA - Master of Business Administration - Strategic Management
UNIVERSITY OF NAIROBI
01.2013
Bachelor of Commerce Degree - Finance Option - Second Class Honors
CATHOLIC UNIVERSITY OF EASTERN AFRICA (CUEA)
07.2006
High School -
Mutito High School
Ndooa, Kitui01.1997
Skills
- Knowledge of IFRSs IPSAS
- IASs
- GAAPs
- Analytical Skills
- Control Self-Assessment
- Team Player
- Project Management
- Strategic thinking
- Excellent Communication
- International Experience
- Ability to thrive in a fastpaced, dynamic environment
- Strong analytical skills
- Attention to detail
Certification
Certified Public Accountant CPA (K), 2004
Languages
- English
- Swahili
References
- Ms. Constantine Obuya, Executive Director, The African Centre for Women, Information and Communications Technology (ACWICT), +254 720 853 992, cobuya_1@acwict.org
- CPA Chrispus Mbogo, Director Corporate Services, Kenya Trade Network Agency, 0722456227, reuben.mbogo@gmail.com
- Dr. Jonathan Lodompui, 1st Vice chairperson -Independent Policing Oversight Authority, 0721729449, lodompuij@gmail.com
Personal Information
- Date of Birth: 01/01/79
- Marital Status: Married
Careeraccomplishments
- Setup the finance and accounting department for Kenya Vision 2030 Delivery Secretariat including design of the procedure manuals and internal control system.
- Monitoring and Evaluation of Kenya Vision 2030 Flagship Projects across the country.
- Implemented ISO 9001:2015 for the Kenya Vision 2030 Delivery Secretariat as the Management representative.
- Managed both Board of directors committee meetings as well as liaison with different investors.
- Provided Financial advisory on various donor funded projects in the last 15 years to The African Centre for Women, Information and Communications Technology (ACWICT) on Consultancy basis.
Timeline
Principal Finance Officer
KENYA VISION 2030 DELIVERY SECRETARIAT (VDS)
12.2020 - 06.2023
Chief Finance Officer
KENYA VISION 2030 DELIVERY SECRETARIAT (VDS)
03.2011 - 12.2020
Acting Finance & Administration Director
World Vision - Kenya Agency for Development of Enterprises & Technology (KADET) Ltd.
04.2010 - 09.2010
Finance Manager
World Vision - Kenya Agency for Development of Enterprises & Technology (KADET) Ltd.
01.2010 - 02.2011
Management Accountant
KADET Limited
11.2008 - 12.2009
Finance and Administration Accountant
AMWIK ~ Association of Media Women in Kenya
03.2005 - 11.2008
Projects Accountant
ANPPCAN ~ African Network for the Prevention and Protection against Child Abuse and Neglect (Regional office)
08.2002 - 03.2005
Certified Public Accountant CPA (K), 2004
MBA - Master of Business Administration - Strategic Management
UNIVERSITY OF NAIROBI
Bachelor of Commerce Degree - Finance Option - Second Class Honors
CATHOLIC UNIVERSITY OF EASTERN AFRICA (CUEA)
High School -
Mutito High School
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