Summary
Overview
Work History
Education
Skills
Websites
References
Timeline
Generic

James Kyalo Musembi

Nairobi

Summary

A financial expert with a strong record of accomplishment in audit, financial planning and analysis, strategic management, transfer pricing, accounting, IFRS 15, IFRS 16 and IFRS 9. Proven ability to oversee and optimize financial operations across multiple business zones, driving efficiency, compliance, and profitability. Experienced in developing unified financial strategies that enhance cash flow, reduce operational costs, and ensure regulatory adherence. A depth at leveraging data-driven insights to empower leadership teams and align financial strategy with business objectives. Strong leadership capabilities in managing complex financial structures and fostering sustainable growth across diverse markets.

Overview

14
14
years of professional experience

Work History

Finance Manager

SunCulture Kenya Limited
01.2024 - Current
  • Leading the month-end closing process, ensuring timely and accurate financial statements in accordance with IFRS.
  • Proactively collaborating with external auditors by providing all required documentation and finalizing the audits in a timely manner.
  • Analyzing financial data and providing insights to support strategic decision-making, including cost reduction strategies.
  • Staying up-to-date on relevant tax regulations and ensuring the company is compliant with all tax filing requirements.
  • Performing monthly system reconciliations to ensure the accuracy and integrity of financial data across all accounting systems.
  • Overseeing the stock take process and reconciling inventory balances with physical counts.
  • Implementing a system for fixed asset monitoring and tracking, including data entry, depreciation calculations, and maintenance scheduling.
  • Managing intercompany transactions between SunCulture and the group companies, ensuring proper documentation and record-keeping.
  • Implementing the transfer pricing policy, applying appropriate methods to ensure arm's-length pricing for transactions with related parties.
  • Managing the finance team, ensuring that they are on track with their daily tasks.
  • Implementing financial policies and procedures to ensure adherence to best practices and regulatory requirements.
  • Manage all IFRS standards, ensuring compliance with international financial reporting requirements, including IFRS 15 (Revenue Recognition), IFRS 16 (Leases), and IFRS 9 (Financial Instruments), while overseeing accurate financial reporting and implementation across business operations.
  • Managed financial reporting and analysis for renewable energy projects.
  • Oversaw cash flow management to ensure operational efficiency.
  • Led a team in implementing financial software and tools.
  • Evaluated investment opportunities to support business growth initiatives.
  • Trained staff on financial policies and best practices for accuracy.
  • Managed loan applications ensuring compliance with regulatory standards.

Auditor Associate

Kinyori and Associates
06.2011 - 08.2024
  • Audited small and medium-sized enterprises.
  • Audited financial institutions, Provident fund, profit-making organizations.
  • Verified balance sheet items and agreeing on them to the general ledgers.
  • Verified income statement items and vouching of expense as well as the income.
  • Accounted and prepared published financial statements according to IFRS.
  • Advised clients on how to improve their accounting and internal control systems via a management letter.
  • Evaluated internal controls to identify areas for operational improvement and risk management.
  • Maintained confidentiality of company information obtained in audit assignments.

Finance Team Lead

SunCulture Limited
01.2017 - 12.2023
  • Oversee accounts payable and receivable to ensure accurate financial transactions and timely payments.
  • Manage inventory control, optimizing stock levels to support efficient operations.
  • Prepare debtors and suppliers' reports, ensuring financial transparency and accurate reconciliation.
  • Prepared payroll and remitted the monthly deductions to the respective institutions.
  • Conduct supplier debt follow-ups, ensuring payments are managed before becoming due.
  • Monitor and follow up on debtors, ensuring timely receipt of payments to maintain cash flow stability.
  • Perform bank reconciliations, verifying accuracy and resolving discrepancies in financial records.
  • Manage imprest accounts for daily payments, ensuring proper allocation and documentation of expenses.
  • Handle grant reporting for funding entities, including EEP, REEEP, USAID, GSMA, AGRIFI, and SNV, maintaining compliance and detailed financial documentation.
  • Develop and oversee document filing systems, ensuring efficient organization and retrieval of supporting records.
  • Ensure full compliance with national and county regulations, safeguarding legal and financial integrity.
  • Provide monthly financial reporting, offering insights into company performance and supporting strategic decision-making.
  • Led finance team to ensure accurate budgeting and forecasting processes.
  • Mentored junior staff in financial analysis and risk management techniques.

Senior Associate

Kennis Consultancy Limited
01.2015 - 12.2016
  • Bookkeeping for clients to ensure accurate recording of financial transactions and compliance with accounting standards.
  • Prepared incomplete records.
  • Managed Accounts payable and Accounts receivable.
  • Consistently prepared bank reconciliations with a high degree of accuracy.
  • Led client consulting projects to optimize business strategies and operations.
  • Conducted risk assessments to identify potential challenges in client projects.

Education

Bachelor's Degree - Commerce (Accounting & Finance)

KCA University
04-2026

CPA III -

Summit Institute of Professionals
01-2026

Kenya Certificate of Secondary Education -

Utithi High School
01.2016

CPA II -

Vision Institute of Professionals
01.2015

ATC I & ATC II -

Vision Institute of Professionals Studies
01.2011

Skills

  • Financial analysis
  • Tax compliance
  • IFRS standards
  • Team leadership
  • Data reconciliation
  • Strategic decision-making
  • Internal controls
  • Budgeting and forecasting
  • Risk management
  • P&L tracking
  • Human resources
  • Financial budgeting
  • Proficient in NetSuite
  • Performance analysis

References

  • Edgar Wavomba, Associate Director, SunCulture Kenya Limited, +254727309446/+254719111093, edgar.wavomba@sunculture.com
  • Jackline Mumbi, Head of Business Development, SunCulture Kenya Limited, +254712687244, jackline.mumbi@sunculture.com
  • Robert Muriithi, CEO and Co-Founder, Sir Robert and Company (CPA), +254720985674, robert@sirrobert.org

Timeline

Finance Manager

SunCulture Kenya Limited
01.2024 - Current

Finance Team Lead

SunCulture Limited
01.2017 - 12.2023

Senior Associate

Kennis Consultancy Limited
01.2015 - 12.2016

Auditor Associate

Kinyori and Associates
06.2011 - 08.2024

Bachelor's Degree - Commerce (Accounting & Finance)

KCA University

CPA III -

Summit Institute of Professionals

Kenya Certificate of Secondary Education -

Utithi High School

CPA II -

Vision Institute of Professionals

ATC I & ATC II -

Vision Institute of Professionals Studies

Similar Profiles

CREATE PROFILE
James Kyalo Musembi