Civil Rights and Social Action
Fredrick Noballa
CFO|CD|CEO
Nairobi
Summary
I am a highly committed individual with hardworking mentality determined to maintain quality of services and products,with a history of success coordinating and monitoring operations across various departments, an effective leader and problem-solver dedicated to streamlining operations to decrease costs and promote organizational efficiency.
Strategic-thinking individual experienced in turning low-performing organizations into top revenue producers. Offering engaging and pleasant personality with expertise improving customer relationships. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
22
22
years of professional experience
7
7
years of post-secondary education
1
1
Certification
3
3
Languages
Work History
Country Director
Engie Energy Access Kenya
Nairobi
05.2021 - Current
- Focused teams on developing innovative and cutting-edge approaches with effective resource allocation and strategic planning.
- Created annual budget and developed comprehensive plan to accomplish company objectives while staying within budget.
- Developed impactful and strategic partnerships with clients to drive business development.
- Tasked to turn around low-growth operation by solidifying workflow processes, strengthening client relationships and improving communications supporting client advocacy.
- Assisted with creation of marketing strategy and advertising initiatives used to promote company to community members.
- Managed daily operations while overseeing multiple locations to foster increased productivity.
- Collaborated with management and fellow supervisors to organize operations and achieve demanding schedule targets.
- Established performance goals for each department and provided feedback on methods for reaching those milestones.
- Oversaw operations and provided corrective feedback to achieve daily and long-term goals.
- Worked closely with organizational leadership and board of directors to guide operational strategy.
- Formed strategic partnerships and connected with potential clients to drive business development.
- Optimized operational processes using analytics tools to address client-specific metrics.
- Established departmental performance goals and provided feedback for underperforming areas.
- Maintained financial controls, planned business operations and control expenses while identifying and pursuing opportunities to grow business operations and boost profits.
- Aligned company goals with customer outcomes and increased satisfaction by automating contact management systems.
- Spearheaded innovative approaches to resource allocation and strategic planning.
- Enhanced profitability by developing pipelines utilizing marketing and sales strategies.
Chairperson of the Credit Committee
Century Microfinance Bank
Nairobi
12.2019 - 02.2022
- Lead the Review and oversee the overall lending policy of the banking institution.
- Lead the Deliberation and consideration of loan applications beyond the discretionary limits of the Management Lending Committee.
- Ensure that there are effective procedures and resources to identify and manage irregular problem credits, minimize credit loss and maximize recoveries.
- Direct, monitor, review and consider all issues that may materially impact on the present and future quality of the institution's credit risk management.
- Assist the Board with discharging its responsibility to review the quality of the banking institution's loan portfolio, and ensuring adequate provisions for bad and doubtful debts in compliance with requirements of the prudential guideline.
Independent Non-Executive Director
Century Microfinance Bank, Nairobi, Kenya
Nairobi
08.2018 - 02.2022
- Evaluate the performance of the management team in terms of meeting goals and objectives and ensure that the responsibilities towards the stakeholders are understood and accomplished consistently.
- Responsible for objectively looking at the plans framed by the executive team,by helping with the formulation and overseeing the corporate strategy,providing constructive criticism and a broader view of the external factors affecting the business.
- Developing frameworks and controls for accessing and regulating risks, to assure the stakeholders of the financial information is accurate, and financial controls and risk management systems are robust and secure.
Chief Executive Officer
Ideon Limited
Nairobi
01.2018 - 05.2021
- Coached and guided senior managers to improve effectiveness and policy enforcement, resulting in improved employee job satisfaction and higher performance levels.
- Worked with department heads to stay current on needs and offer high-level support for day-to-day operations.
- Monitored use of best practices at all levels and implemented corrective actions to bring employees into compliance.
- Developed key operational initiatives to drive and maintain substantial business growth.
- Managed partnerships and strategic business relationships, including negotiating contract terms and handling conflicts.
- Identified and capitalized on short- and long-term revenue generation opportunities to maximize bottom-line profitability.
- Built productive relationships with industry partners and competitors to support strategic business objectives.
- Cultivated forward-thinking, inclusive and performance-oriented business culture to lead industry in innovation and push progress.
- Reviewed individual department performance and worked with leadership to improve processes, procedures and practices.
- Managed partnerships and strategic business relationships by negotiating contract terms and handling conflicts.
- Reviewed individual department performance and worked with leadership to improve processes, procedures, and practices.
- Cultivated forward-thinking, inclusive, and performance-oriented business culture to lead industry in innovation and push progress.
Finance Director
The Nairobi Hospital
Nairobi
10.2016 - 03.2017
- Establish finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, designing systems; accumulating resources..
- Maximizes return on invested funds by identifying investment opportunities; maintaining relationships with the investment community. Total funds under management USD.35 million.
- Develops organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; accumulating capital to fund expansion
- Develops finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction; establishing functional objectives in line with organizational objectives
- Mitigated process gaps and managed all operational functions, including account openings, trades, documentation, regulatory compliance and marketing collateral.
- Analyzed financial data regarding product performance and customer performance and developed reports for key stakeholders.
Financial Controller
Copia Global
Nairobi
05.2016 - 10.2016
- Prepared accurate financial reports and monthly statements for accounts receivable.
- Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
- Completed journal entries, reconciliations and account analysis to prepare quarterly financial documents and general account management.
- Created and distributed reports on internal and external finances, audits and budgets.
- Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
- Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing and sales tax returns.
- Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.
Chief Accountant
The Nairobi Hospital
Nairobi
12.2014 - 05.2016
- Set up and improved accounting systems and processes to meet business needs and maximize effectiveness of operations.
- Performed advanced reviews of business operational trends and expected obligations to prepare accurate forecasts.
- Analyzed financial audit information and made recommendations to improve efficiencies.
- Prepared accounts for industry audits and supported audit process.
- Drafted financial documents, including variance reports, regulatory filings and related schedules.
- Partnered with auditors on annual audits and realized compliance with governmental tax guidelines.
- Reviewed budgets, including capital appropriations and operating budgets, and communicated findings to senior management.
- Decreased invoicing and receivable cycle times by streamlining billing systems.
- Helped clients navigate interactions with tax authorities and legal concerns related to financial matters.
- Tracked and documented all expenses.
- Wrote financial statements and consolidations after reconciling general ledger accounts.
Chief Financial Officer
Real People ( East Africa)
Nairobi
11.2012 - 11.2014
- Completed in-depth analyses of risks to control company profile, enhance systems and track legal concerns.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance and revenue targets.
- Built and deployed strategies to achieve company vision and enhance tactical operations.
- Offered advice to other executive leaders on strategies to improve financial growth.
- Developed future financial plans to support company objectives.
- Devised successful benchmarks and performance optimization strategies to enhance company objectives.
- Assessed company resources and made adjustments to keep operations efficient and cost-effective.
- Provided financial expertise to departments such as human resources and legal.
- Devised strategies for monitoring, evaluating and tracking operational achievements.
- Devised strategies for enhancing business assets and reporting on financial metrics.
- Directed all financial activities, including budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Analyzed operational performance and efficiency to identify and implement cost reduction initiatives and process improvements.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Created and deployed forward-thinking initiatives to drive corporate vision and outperform revenue targets.
- Devised strategies for standardizing and enhancing organization and management of business assets.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
- Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
Financial Controller
Real People Kenya
Nairobi
06.2010 - 11.2012
- Prepared accurate financial reports and monthly statements for accounts receivable.
- Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
- Led organizational cash flow and cash flow forecasting initiatives.
- Planned budgets, authorized expenditures, monitored accounting processes, established service rates and coordinated financial reporting to oversee all fiscal procedures.
- Accurately completed financial statement audits and thoroughly reviewed results.
- Prepared and filed tax returns and generated monthly reports in compliance with regulatory and organizational standards.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
- Formulated strategic plans and supported tactical initiatives to execute cost-savings deliverables.
- Managed daily financial functions in collaboration with accounting and payroll personnel.
- Created and distributed reports on internal and external finances, audits, and budgets.
Senior Accountant
Vitafoam Products Ltd
Nairobi
06.2008 - 06.2010
- Supported change management by understanding and addressing impacts of new accounting policies, financial statement initiatives and non-standard transactions.
- Managed all areas of accounting, including accounts payable and receivable, general ledger management, banking reconciliations and monthly balance sheet statements.
- Organized budget documentation and tracked expenses to maintain tight business controls.
- Managed accounting operations, including journal entries, collection efforts, reconciliations and payroll processing.
- Optimized employee performance, output and morale through development of enticing incentive programs.
- Applied proper codes to invoices, files and receipts to keep records organized and easily searchable.
- Applied mathematical abilities on daily basis to calculate and check figures in all areas of accounting systems.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Performed routine closings, maintained clean, accurate and accessible records and kept close eye on transaction updates throughout each quarter.
Accountant
Bidco Africa
Nairobi
06.2006 - 06.2008
- Managed entire accounting cycle including gathering information, preparing documents, finalizing reports and closing books.
- Modified comprehensive financial reporting package to reflect growing organizational complexity.
- Reconciled accounts and reviewed all materials, including surplus, income, expense data, net worth and assets.
- Tracked financial progress by creating quarterly and yearly balance sheets.
- Set up and improved accounting systems and processes to meet business needs and maximize effectiveness of operations.
- Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement.
- Prepared documents, reports and presentations for executives and board members using advanced software proficiencies.
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Improved efficiency of operations, including data collection, analysis and modeling, to enhance practices and increase customer retention.
Assistant Accountant
Kenafric Industries Ltd
Nairobi
01.2002 - 06.2006
- Monitored status of accounts receivable and payable to facilitate efficient processing.
- Reconciled all company accounts, including credit cards, employee expenses and commissions.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Communicated with suppliers to reconcile invoice payments.
- Maintained accurate and complete documentation for all financial department procedures.
- Balanced reports to submit for approval and verification.
- Reviewed general ledger entries and assessed accuracy.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Collected and reported monthly expense variances and explanations.
Education
MBA - Marketing Management And Research
United States International University
Nairobi,Kenya 12.2021 - Current
Bachelor of Science - International Business Management
United States International University
Nairobi,Kenya 01.2006 - 08.2010
Skills
Business Development
undefinedCertification
CPA - Certified Public Accountant
Affiliations
Institute of Certified Public Accountants-Kenya
Interests
Economic Empowerment
Poverty Alleviation
Children Rights and Protection
Renewable Energy Production
Timeline
MBA - Marketing Management And Research
United States International University
12.2021 - Current
Country Director
Engie Energy Access Kenya
05.2021 - Current
Chairperson of the Credit Committee
Century Microfinance Bank
12.2019 - 02.2022
Independent Non-Executive Director
Century Microfinance Bank, Nairobi, Kenya
08.2018 - 02.2022
Chief Executive Officer
Ideon Limited
01.2018 - 05.2021
Finance Director
The Nairobi Hospital
10.2016 - 03.2017
Financial Controller
Copia Global
05.2016 - 10.2016
Chief Accountant
The Nairobi Hospital
12.2014 - 05.2016
Chief Financial Officer
Real People ( East Africa)
11.2012 - 11.2014
Financial Controller
Real People Kenya
06.2010 - 11.2012
Senior Accountant
Vitafoam Products Ltd
06.2008 - 06.2010
Accountant
Bidco Africa
06.2006 - 06.2008
Bachelor of Science - International Business Management
United States International University
01.2006 - 08.2010
Assistant Accountant
Kenafric Industries Ltd
01.2002 - 06.2006
CPA - Certified Public Accountant
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