Summary
Overview
Work History
Education
Skills
References
Accomplishments
Software
Certification
Timeline
Generic
Geoffrey Kipngetich

Geoffrey Kipngetich

Nairobi

Summary

Highly skilled and experienced accountant with over 6 years of expertise in financial management and accounting within the NGO sector. Proficient in budgeting, compliance, and reporting for grant-funded projects, as well as financial analysis and audit preparation. Able to work independently and collaboratively as part of a team, possessing excellent interpersonal and communication skills. Committed to supporting the organization's mission by ensuring efficient use of funds, maintaining accurate financial records, and adhering to donor requirements.

Overview

7
7
years of professional experience
17
17
years of post-secondary education
1
1
Certification

Work History

Accountant

Biovision Africa Trust
  • Liquidating sub-grant returns and posting of the same in the system
  • Develop and maintain budgets for grant-funded projects, ensuring they align with grant guidelines and objectives
  • Ensure that the organization follows all grant regulations and guidelines set forth by the funding source, including reporting requirements, spending limitations, and allowable expenses
  • Assist in the development of grant proposals by providing financial data, budget estimates, and cost projections to support grant applications
  • Assist in establishing appropriate accounting and financial systems for new grants, including chart of accounts, cost centres, and project codes to track grant-related transactions
  • Maintain organized and detailed financial records, including grant-related invoices, receipts, contracts, and correspondence
  • Asset management
  • Filing of returns, i.e, Withholding tax, PAYE and annual returns for the organisation
  • Processing of cash advance and expenses retirements
  • Assist in preparation of monthly financial reports, including variance analysis
  • Assist in coordinating and preparing for annual audits, liaise with the external auditors for timely submission of audit reports
  • Provide financial guidance to program staff, including budget development, expenditure tracking and reporting
  • Manage payroll, tax compliance, and vendor payments
  • Educate staff and program managers about grant compliance and financial management practices to ensure everyone understands their roles and responsibilities
  • Prepare documentation and financial records for internal and external audits to demonstrate compliance with grant requirements.

Assistant Accountant

Kenya Tea Growers Association
09.2011
  • Maintained cash books and preparing monthly bank reconciliations
  • Ensured tax compliance by KTGA and its other institutions
  • Paying suppliers and other creditors
  • Payroll management
  • Preparation of budgets and forecasts
  • Receipting and banking of cheques
  • Maintained ledger accounts
  • Maintained and updated asset register
  • Preparation and submission of statutory returns
  • Preparation of Monthly management reports and variance analysis
  • Preparation of quarterly financial statements
  • Preparation of annual accounts
  • Facilitate statutory audits, attend to audit queries and implement recommendations in consultation with the Management
  • Keep in safe custody cheques and receipt books and maintain a register of issues
  • Filing of all payment vouchers, invoices and other correspondences
  • Reviews internal control environment
  • Guiding and assigning duties to KTGA Schools accounting staff
  • Participated in recruiting junior staff for Association and its institution
  • Participated in the quarterly physical stock take and ensure sign-off with stock controller.

Accounts Assistant

James Finlay Kenya Limited
04.2008 - 08.2011
  • Managing Clients' Accounts (KTGA)
  • Participate in the preparation of monthly/quarterly/annual management accounts, financial statements, budgets, and forecasts. This includes monitoring of spend to ensure accuracy and alignment with budget.
  • Review weekly/monthly product cost analysis through the ERP system and liaise with operations to explain production cost variances.
  • Support the costing of new and trial products through the NPD/EPD process.
  • Ensure accurate valuation of inventory.
  • Review of accounts payables for accuracy and completeness and ensure adherence to credit terms agreed with suppliers.
  • Carry out balance sheet reconciliations monthly.
  • Review of accounts payables for accuracy and completeness.
  • Ensure timely receipt and allocation of accounts receivables.
  • Treasury management of bank accounts, petty cash, and MPESA payments.
  • Active participant in the maintenance and periodic review of a sound internal control system within FTEK.
  • Liaise with internal and external auditors and respond to audit issues, observations, and recommendations.
  • Drive total compliance with Health & Safety systems, policies, reporting & procedures.
  • Be fully involved with Continuous Improvements/World Class Operation programs and implement all the principles therein.
  • Support company/departmental initiatives and ongoing projects.
  • Support, implement, and adhere to all food safety and quality management system requirements.

Accounts Clerk

Ndege Chai Sacco Ltd
02.2005 - 04.2008
  • Balancing of accounts for resignees, deceased or transferring to guarantors
  • Prepared statement of accounts for the members and advised them accordingly
  • Appraised loans in Fine-Extreme system
  • Reconciling bank statement with the cashbook
  • On line application of ATM cards using Mozilla Firefox program and dispatching them to members
  • Training of members on the use of ATM other services.

Education

Certified Public Accountant Part III -

Destiny Institute of Professionals Studies
06.2010 - 05.2011

Certified Public Accountant Part II - undefined

Vision Institute of professional studies
01.2003 - 05.2003

Certified Public Accountant Part I - undefined

Vision Institute of professional studies
06.2000 - 05.2001

Bachelor of Business Management (Accounting Option), 2nd Class upper division - undefined

Moi University
01.2012 - 04.2014

Kenya Certificate of Secondary Education (K.C.S.E) - undefined

Tengecha Boys High School
01.1993 - 04.1996

Kenya Certificate of Primary Education (K.C.P.E) - undefined

Kamagomon Primary School
01.1983 - 04.1992

Skills

Windows, MsOffice, E-mail & Internet

References

  • CPA Robertson Nyikuli, 0721 545 613
  • Mr. Joash Bii, James Finlay limited, P.o Box 71 code 20200, Kericho, Joash.Bii@finlays.co.ke, 0729 511 133
  • Mr. Charles Rotich, Kenya Urbans Road Authority, P.o box 41727-00100, Nairobi, crotich@kura.go.ke, 0712 493 237

Accomplishments

Effective Financial Management:

Optimized Budgeting:Successfully managing limited resources through meticulous budgeting and ensuring that the organization operates efficiently.

Cash Flow Management:Maintaining positive cash flow despite funding constraints, allowing the organization to carry out its mission without financial interruptions.

Cost Savings:Identifying areas where costs can be reduced without compromising the quality of services, such as renegotiating vendor contracts or streamlining operations.

Compliance and Regulatory Excellence:

Grant Compliance:Ensuring proper reporting and compliance with donor requirements, grants, and funding sources. This helps the organization secure future funding.

Audit Readiness:Preparing and completing clean audits, demonstrating that the organization adheres to financial regulations and standards.

Tax Exemptions and Benefits: Ensuring the organization maximizes tax exemptions and benefits available to non-profits, saving money and increasing available funds for programs.

Transparent and Accurate Financial Reporting:

Detailed Financial Reports: Producing timely, accurate, and transparent financial reports that build trust with donors, board members, and stakeholders.

Non-profit Accounting Standards Compliance: Ensuring compliance with accounting standards like GAAP (Generally Accepted Accounting Principles) specific to NPOs, particularly in areas like restricted funds and donations.

Strategic Financial Planning:

Long-term Sustainability Plans: Developing financial strategies that align with the organization’s mission, enabling long-term sustainability.

Diversification of Funding Sources: Assisting the leadership in diversifying income streams, such as from grants, donations, fundraising events, and partnerships, to reduce reliance on any single source.

Internal Controls and Risk Management:

Strong Internal Controls:Implementing effective internal controls to prevent fraud and misuse of funds, protecting the organization’s financial integrity.

Risk Management Framework: Establishing a risk management system that identifies and mitigates financial risks, safeguarding the NPO's assets.

Donor Relations and Trust Building:

Transparent Use of Donor Funds: Demonstrating responsible and transparent use of donor contributions, enhancing donor trust and fostering long-term relationships.

Impact Reporting:Collaborating with program teams to create financial reports that showcase the impact of donations and funding, which can attract more support.

Technological Implementation:

Accounting Software Integration: Successfully implementing or upgrading accounting software tailored to the needs of non-profits, improving financial management processes.

Automated Reporting Systems: Streamlining processes by adopting automated systems for financial reporting, donation tracking, and payroll management.

Capacity Building and Team Development:

Training and Mentorship:Training program staff or volunteers on financial literacy, budgeting, and compliance to ensure that departments operate efficiently.

Improved Collaboration:Working effectively with the executive team, board members, and program managers to align financial management with strategic objectives

Software

Financial Management Budgeting and Forecasting Grant and Fund Management Financial Reporting Compliance with Non-profit Regulations Audit Preparation and Coordination Tax Exemption and Benefits Knowledge Internal Controls and Risk Management Donor Fund Tracking and Reporting Strategic Financial Planning Accounting Software Proficiency Fund Accounting Cost Allocation Communication and Collaboration Ethical Judgment and Integrity

Certification

CPA - Certified Public Accountant

Timeline

Bachelor of Business Management (Accounting Option), 2nd Class upper division - undefined

Moi University
01.2012 - 04.2014

Assistant Accountant

Kenya Tea Growers Association
09.2011

Certified Public Accountant Part III -

Destiny Institute of Professionals Studies
06.2010 - 05.2011

Accounts Assistant

James Finlay Kenya Limited
04.2008 - 08.2011

Accounts Clerk

Ndege Chai Sacco Ltd
02.2005 - 04.2008

Certified Public Accountant Part II - undefined

Vision Institute of professional studies
01.2003 - 05.2003

Certified Public Accountant Part I - undefined

Vision Institute of professional studies
06.2000 - 05.2001

Kenya Certificate of Secondary Education (K.C.S.E) - undefined

Tengecha Boys High School
01.1993 - 04.1996

Kenya Certificate of Primary Education (K.C.P.E) - undefined

Kamagomon Primary School
01.1983 - 04.1992

Accountant

Biovision Africa Trust
Geoffrey Kipngetich