James Opiyo Mung'oni
Chief Accountant
Mumias, Kakamega County
Summary
Dynamic Chief Accountant with proven expertise in full-cycle accounting, budget management, and cash flow optimization. Committed to driving financial excellence and ensuring compliance with regulatory standards.
Overview
20
20
years of professional experience
Work History
Chief Accountant
Kakamega County Water and Sanitation Company (KACWASCO)
Kakamega
05.2023 - Current
- Balanced accounts and enhanced efficiency of balance sheet procedures.
- Administered month-end and year-end financial processes by coordinating fixed asset management and data analysis.
- Executed year-end closing procedures alongside controllers and external auditors.
- Directed team of accountants, promoting teamwork and facilitating professional development for optimized department outcomes.
- Ensure compliance to regulatory entities and development partner requirement
- Preparation and controlling variances of Monthly and Annual budgets in line with company strategic plan and objectives
- Resource mobilization proposals to attract Donor funds and subsequent submission to Donor Financial reports
- Debt and accounts receivable management and reduction strategy
- Verification and approval of all payments in line with cash flow management
- Cost management in various cost centers of Areas and Schemes and provide prudence financial decision to the Management
- To provide financial support of interventions geared towards reduction of Non Revenue Water
Senior Revenue Officer
Kakamega County Govenment
Kakamega, Kakamega County, Kenya
07.2020 - 04.2023
- Developed strong working relationships with taxpayers, fostering trust and encouraging voluntary compliance.
- Provided exceptional customer service to address taxpayer inquiries and resolve disputes quickly.
- Improved data accuracy by validating taxpayer information and updating records as needed.
- Maintained detailed case documentation, ensuring accurate recordkeeping and streamlined communication among team members.
- Issuance of County Trade Licenses and Permits
- Assisting in Own Source projections in the County Annual Development Plan
- Utilized advanced software tools to analyze financial data, pinpointing discrepancies for further investigation.
- Negotiated payment agreements with delinquent taxpayers, ensuring prompt debt resolution.
Finance Manager
Rosewood Luxury Hotel & Resorts Group
Voi, Taita Taveta County, Kenya
06.2017 - 06.2020
- 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.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Implemented cost-control measures that substantially decreased unnecessary expenditures.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Performed banking, business administration and financial tasks to guarantee timely statutory deductions and remittances
Assistant Internal Auditor
Sukari Sacco Ltd Mumias
Mumias Sub County, Mumias Sugar
04.2011 - 02.2013
- Evaluated the effectiveness of internal controls within various departments, leading to improved SACCOs risk management practices.
- Participated in cross-functional teams to streamline processes, resulting in increased operational efficiency in safeguarding Members deposits .
- Collaborated with external auditors to ensure timely completion of annual financial audits, maintaining a strong working relationship between both parties.
- Assisted in developing an annual audit plan based on risk assessments conducted throughout the year, ensuring resources were allocated effectively.
- Supported management decision-making by preparing clear and concise audit reports highlighting key findings and recommendations.
- Improved company''s compliance with regulations by assisting in the development of robust internal policies and SASSRA Regulations
- Assessed IT system controls such as access management and data security, ensuring the integrity of financial information being processed and reported.
- Drafted findings and recommendations into detailed reports for use by Audit Board Committee
- Prepared working papers, reports and supporting documentation for audit findings.
Senior Accountant
St Marys Hospital , Mumias
Mumias, Kakamega County, Kenya
02.2006 - 03.2010
- Completed year-end closing processes with controllers and external auditors.
- Reconciled balance sheets and streamlined best practices for balance sheet processes as per IFSR Reporting Standards
- Improved cash flow management by implementing stricter credit policies.
- Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with other Statutory regulations.
- Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
- Payroll preparations and updates
- Streamlined accounts payable processes, reducing payment cycle times by automating invoice processing.
- Improved financial reporting accuracy by implementing advanced Excel functions for data analysis and QUICKBOOKS.
- Enhanced budget forecasting accuracy, employing comprehensive variance analysis techniques.
- Tracked Donor funds, prepared deposits and reconciled accounts. like Walter Reed and USAID
- Review procedure for reducing Discharged in- patients unable to pay
Education
BBA - Accounting And Finance
Maasai Mara University
Narok, Narok District, Kenya 04.2001 -
CPA(K) ICPAK MEMBER NO. 31925 - Accountant
Mombasa School of Accountancy
Mombasa, Mombasa County, Kenya 04.2001 -
Diploma in Computer Studies -
Mombasa School of Accountancy
04.2001 -
KCSE - Form 4
Chavakali High School
Chavakali, Vihiga County, Kenya 04.2001 -
Skills
Excel Tool Analytical Skills
Month end close procedures
Financial accounting via ERP Dynamics and Billing Modules
Accounts payable and receivable
Full-cycle accounting
Certified public accountant (CPA)
Cash flow management
IFRS expertise
Financial reporting
Budget preparation and control
ERP software
Cost control and firm Decision making
Team work and consultative management
Financial management
Fixed assets management
Refferees
CPA Erick Wabuyabo
eric.wabuyabo@gmail.com
Commercial and Finance Manager
Kakamega County Water and Sanitation Company
0720-424218
Gilbert Kongoti
gkaliboh@gmail.com
Internal Auditor- Rickens and Technology solutions
0757-463121
Paul Awaa
okwaraatwa@gmail.com
Human Resource Manager - Water Sector Trust Fund
0722-551909
Timeline
Chief Accountant
Kakamega County Water and Sanitation Company (KACWASCO)
05.2023 - Current
Senior Revenue Officer
Kakamega County Govenment
07.2020 - 04.2023
Finance Manager
Rosewood Luxury Hotel & Resorts Group
06.2017 - 06.2020
Assistant Internal Auditor
Sukari Sacco Ltd Mumias
04.2011 - 02.2013
Senior Accountant
St Marys Hospital , Mumias
02.2006 - 03.2010
BBA - Accounting And Finance
Maasai Mara University
04.2001 -
CPA(K) ICPAK MEMBER NO. 31925 - Accountant
Mombasa School of Accountancy
04.2001 -
Diploma in Computer Studies -
Mombasa School of Accountancy
04.2001 -
KCSE - Form 4
Chavakali High School
04.2001 -