Jeremiah Nyangena Ogeto
Senior Certified Public Accountant
Summary
A Senior Certified Public Accountant with an excess of 12 years' hands-on experience's providing professional financial accounting services across a number of blue-chip organisations, of which 6 years managing Airline financial accounts and over 6 years overseeing Jet Fuel Procurement process. I have extensive knowledge in the use of Oracle ERP, QNAFT Management System and TOPS Systems that has ensured the efficient management of departments' & company financial records, budget, manage vendors payment accounts and Group Qatar Airways Fuel requirements. Self-motivated and committed to self-development, thus improving my overall effectiveness, adapting to changes as they arise.
Overview
15
15
years of professional experience
2011
2011
years of post-secondary education
Work History
Procurement Officer
Qatar Airways
10.2022 - 10.2024
- Company Overview: Founded in 1997, the airline has matured into a leading regional and global carrier serving more than 18 Million travellers in over 125 destinations worldwide, assisted by its 5 subsidiaries
- They have partnered with One world Alliance (World's Leading Airlines) committed to providing highest level of service and convenience to frequent international Travellers
- Providing centralization and monitor aviation fuel requirement across Qatar Airways Group, comprising of; Qatar Airways, Qatar Executive and Qatar Amiri operations)
- This comprises managing fuel for over a fleet of 276 aircraft (245 Qatar Airways,25 Qatar Executive and 6 Qatar Amiri Aircraft)
- Responsible for monitoring day to day jet fuel procurement processes, dealing with medium and large job requests not limited to;
- Undertaking QR Fuel Tenders for ad-hoc operations and selecting suppliers based on the best value proposition
- Negotiating with jet fuel suppliers for best prices to ensure maximum savings are met
- Sitting in QR Tender Management Committee to analyse tenders received, together with minutes of the tender opening, the results of the preliminary evaluation with reasons why any tenders were rejected, scores awarded by each evaluator for each tender to propose and recommend tender award and service contracts
- Approve team members' flash /ad hoc tenders
- Creating contract agreements with suppliers with agreed terms such as contract period, mode of delivery, payment terms and other standard terms and conditions for conventional Jet Fuel
- Ensure sustainability (SAF Requirements / Mandates) are met in order to reduce carbon emissions
- Ensuring jet fuel sourced for all Qatar Airways Network / locations met the required IATA Fuel Quality Pool standards (IFQP)
- Ensure fuel prices are calculated and updated in the management system in a timely manner for the stake holders to use in making decisions
- Manage fuel supplier invoices by ensuring timely verification and approvals
- Establishing strong interrelationships and provide time bound for end user
- Working directly with end user (flights ops, Fuel Optimization, Aero political teams) to define specifications and request for proposal and execution of order
- Formulating and preparing divisional/departmental budgets (for the fuel department)
- In this role, I was also responsible for the preparation of management periodic reports (For Financial decision making)
- Assist in implementing sourcing strategies to achieve corporate goals (set target savings per annum)
- Develop and maintain proficiency with advanced analytic and database tools, in-house data sets, and other resources
- By the use of Finance Business Intelligent (FBI) tools, developing and maintaining advanced reports that help realise and optimise performance across Qatar Airways
- Responsible for facilitating all purchasing requirements for all stakeholders within the stipulated time
- Managing and optimizing supplier performance, including continuous improvement, innovations, obsolescence and reduction in total cost ownership by use of analytic tools and in-house data sets
- Prepare reporting data and obtaining validation from vendors to ensure common data is recognized and agreed for monthly, quarterly review meetings
- Training, coaching and managing Fuel Operations Team of 5 staff
- Founded in 1997, the airline has matured into a leading regional and global carrier serving more than 18 Million travellers in over 125 destinations worldwide, assisted by its 5 subsidiaries
- They have partnered with One world Alliance (World's Leading Airlines) committed to providing highest level of service and convenience to frequent international Travellers
Procurement Coordinator
Qatar Airways
01.2018 - 10.2022
- With the use of control tools such as Fuel Request Tracker (FRT) and Fuel Quote Tracker (FQT), I ensure achieving optimum utilization of fuel on flights through selecting favourable and reliable fuel supplier on non-contracted locations to directly maximize on revenues generated on each operation
- Responsible for handling fuel request for Qatar Amiri, Qatar Executive, QR Cargo and QR Commercial to maintain operational effectiveness
- Ensure that:
- We have valid fuel supplier contracts in outstations
- For non-contracted locations, that we have quotes for the operation before awarding to favourable and reliable supplier
- Fuel requests in outstations are arranged well in advance before operation
- In case of any emergencies ie flight diversions, effectively coordinate with the concerned operator and contracted supplier at the location to ensure availability of fuel with minimal ground time
- Following disruption and/or incident that may occur within the network due to fuelling, provide viable solutions in compliance with set guidelines to ensure smooth operations and generate information that the business can rely on in the case of any investigation or Management reports
- Generating QR Flight Schedules at the beginning of each month and dispatching to Suppliers for prior planning in terms of fuel requirements in the different locations across QR Network
- Monitoring and investigating QR flight delays on a daily basis and hence tabling feedback in order to put in place measures to avoid recurrence
- Prepare daily, weekly / Monthly reports (as per requirement) to be sent to the Management
- For instance, periodic fuel quantity consumed in adhoc /non-contracted locations
- Ensuring that on a daily basis, Fuel OCC data is inserted to the QNAFT System and must tally or correspond with the techlog information
- Ensuring all flight delays that occur due to fuelling are correct and recorded
- Being the fuel suppliers' 'advisor' within the company & constantly monitoring the status of the operation and ensure suppliers are alerted of potential issues
- Assisting the Line Manager in analysing meteorological information to determine the potential saving and to suggest most desirable and economic routes of flight to IOC in case of technical stops
- Verify and approve fuel invoices in line with contractual terms and conditions to ensure timely payment to suppliers
- Reviewing Fuel Operations Control Centre processes and updating manuals so as embrace continuous improvement
Finance Associate
Qatar Airways
01.2013 - 01.2018
- Highly focused upon meeting agreed business targets, priorities against objectives and ad-hoc requests; ensuring that all vendor invoices are verified, processed, approved and paid in a timely manner
- (Invoices in-excess of 500$ million per annum)
- Maintaining updated vendor reconciliations, and up to date contractual payment analysis
- Setting up strong internal controls to ensure optimal resource allocation, underlined policies are followed and each cost is accounted to the correct cost centre & General Leger account as allocated in department budgets
- Working on invoice verification and processing of payments in Oracle System
- Involved in the automation and digital transformation of Accounts Payable processes, streamlining operations by shifting from paper-based systems to a paperless environment, thus improved efficiency, reduced errors, and optimized resource allocation
- Provided excellent client services, by exceeding their expectations for both internal clients and external vendors; demonstrating true value of the service; for example:
- By paying attention to detail, performing quality checks of tasks; thus, enabling the spotting and corrections of mistakes promptly
- For example, reconciling vendor's statements and correct discrepancies
- Posting Journal Entries / Vouchers (JVs) during month end / Year end GL closing to correct errors
- By using a range of sources of information (both internal and external) effectively, enables the identification of patterns, trends and relationships within the data
Accounts Assistant
Kenya Airways
01.2010 - 01.2012
- Company Overview: Kenya Airways is the National Carrier of the Republic of Kenya and one of the leading airlines in Africa serving over 60 destinations worldwide
- It is a member of Sky Team and African Airline Association with over 7,000 employees
- Managing 17 accounts divided into four different regions; ensuring accountability for the quality and delivery of customer billing and timely cash receipts processing for the accounts hitting debt recovery an excess of USD 18 million per month
- Managing debtor control account
- Achieved greater efficiency and effectiveness within the business area by use of appropriate business tools such as Oracle System & Microsoft Office
- Running aging reports from Oracle and follow ups on outstanding debts with all stations and ensure a strong control environment for debt management
- Weekly review of the debtors aging report in order to;
- Ensure outstanding debt fall within the aging bucket of 60 days
- Any outstanding debts out of the aging bucket must be explained with sufficient supporting documents
- Follow ups and taking appropriate measures on defaulting customers for instance imposing penalties and engaging in litigations which generated miscellaneous income in excess of USD 1.2 M and saved the company loss by recovering bad debts of USD 36M
- Prepared and analysed debtor aging list
- Extracted reports from Oracle ERP and exported to Microsoft Excel in the production of reports in a consistent & timely manner and reconciliation of accounts, thus; ensuring that correct data is contained within the ledgers, and strict timelines & correct information is reported in financial statements to be submitted for management review
- Leading teams & brainstorming sessions in coming up with automated processes and cost saving plans
- For instance, transforming my cost centre from paper oriented to paperless department by introducing edcos and omni-docs for storing soft copy pdf
- Thus, saving the cost centre on stationery an amount if USD 6,000 per month
- Kenya Airways is the National Carrier of the Republic of Kenya and one of the leading airlines in Africa serving over 60 destinations worldwide
- It is a member of Sky Team and African Airline Association with over 7,000 employees
Education
Bachelors of commerce - Accounting Option
KCA University
Qualified Certified Public Accountant (CPA-K) - undefined
Pinnacle Business School
Skills
Oracle ERP
Accomplishments
- Increased fiscal year company profits by 17% through long term fuel contracts and snap tender negotiations.
- Streamlined workflow by consolidating lengthy processes and redundant documentation.
- Developed and instituted employee training, mentoring, coaching and retention initiative that reduced employee turnover by over 65% within a period of 4 years.
- Recognized by management for driving improvements in fuel management system projects.
Key It Skills
- Oracle ERP
- MS SharePoint
- MS Office
- QuickBooks
Core Competences
- Business Management
- Excellent Organizational Skills
- Problem-solving techniques
- Customer satisfaction optimization
- Transforming strategic plans into workable solutions
- Analytical knowledge for management reports
Personal Information
- Date of Birth: 11/05/84
- Nationality: Kenyan
Timeline
Procurement Officer
Qatar Airways
10.2022 - 10.2024
Procurement Coordinator
Qatar Airways
01.2018 - 10.2022
Finance Associate
Qatar Airways
01.2013 - 01.2018
Accounts Assistant
Kenya Airways
01.2010 - 01.2012
Qualified Certified Public Accountant (CPA-K) - undefined
Pinnacle Business School
Bachelors of commerce - Accounting Option
KCA University
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