Grace Musau
Finance Manager
Nairobi,Nairobi
Summary
Dynamic finance professional with extensive experience at Dalbit Petroleum Limited, excelling in financial management and strategic planning. Proven track record in enhancing budget forecasting accuracy and mentoring teams. Skilled in SAP 4 Hana ERP, I drive compliance and optimize cash flow management, delivering impactful financial insights for informed decision-making.
Overview
1
1
Certification
Work History
Finance Manager
Dalbit Petroleum Limited
- 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.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Developed comprehensive financial reports for executive decision-making support.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Spearheaded annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Senior Accountant
Dalbit Petroleum Limited
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
- Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
- Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved.
- Contributed to hiring, training and development of accounting teams.
- Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
- Spearheaded a team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
- Enhanced compliance with tax regulations by meticulously updating and maintaining tax records.
- Improved financial reporting accuracy by implementing advanced Excel functions for data analysis.
Treasury Accountant
Dalbit Petroleum Limited
- Ensured accurate financial records, diligently maintaining general ledger accounts for treasury transactions.
- Developed informative treasury reports to provide senior management with insights into the company''s liquidity position and risk exposure levels.
- Managed relationships with banking partners, negotiating favorable terms on credit facilities and investments.
- Assisted in formulating treasury policies that aligned with organizational objectives while adhering to regulatory guidelines effectively mitigating financial risks faced by the company at all times.
- Contributed to working capital optimization efforts by actively participating in inventory management discussions as well as receivables/payables negotiations.
- Enhanced financial reporting accuracy by conducting thorough daily bank reconciliations for company accounts.
- Provided journal entries and performed accounting on accrual basis.
Education
Master of Arts - Project Management
University of Nairobi
Nairobi Bachelor of Finance, BCOM -
Catholic University
Nairobi10.2010
Skills
Financial management
Certification
ACCA
Timeline
ACCA
09-2020
Finance Manager
Dalbit Petroleum Limited
Senior Accountant
Dalbit Petroleum Limited
Treasury Accountant
Dalbit Petroleum Limited
Master of Arts - Project Management
University of Nairobi
Bachelor of Finance, BCOM -
Catholic University