John Francis Chege
Finance Business Partner
Nairobi, ,30
Summary
Dynamic Finance Business Partner at HFC Ltd with strong financial acumen and analytical skills. Successfully developed budgeting models and implemented cost control measures, driving operational efficiency and profitability. Proven ability to communicate complex financial insights effectively to stakeholders, enhancing decision-making and strategic planning. Committed to delivering impactful financial solutions and fostering collaboration across departments.
Overview
15
15
years of professional experience
7
7
Certifications
2
2
Languages
Work History
Finance Business Partner
HFC LTD
09.2024 - Current
- Budgeting and Forecasting: Developing and managing budgets, forecasts, and financial models to support business planning and decision-making ensuring financial goals align with strategic priorities
- Variance Analysis: Investigating and explaining significant variances between actual and budgeted performance.
- Scenario Planning: Conducting what-if analyses to assess different financial outcomes and business strategies.
- Cost and Profitability Analysis: Analyzing costs, margins, and profitability to provide actionable insights and improve operational efficiency.
- KPIs and Metrics: Developing and tracking key performance indicators (KPIs) that measure the success of business initiatives and strategies.
- Collaborating; Working closely with business leaders and other departments to understand their needs and providing relevant financial information and advice.
- Communicating: Clearly communicating financial information and insights to both technical and non-technical audiences.
- Stakeholder Management: Engaging with senior leadership to communicate financial results and implications of business strategies
- Cost Management: Monitoring and managing departmental budgets and expenses to ensure they remain within acceptable limits.
- Operational Efficiency: Identifying areas where cost savings or efficiency improvements can be achieved without compromising business performance.
- Driving Efficiency: Promoting efficiency and cost-effectiveness within the business.
- Identify and Assess Risks: Identifying potential financial risks and opportunities and assessing their impact on the business.
- Mitigation Strategies: Developing and implementing strategies to mitigate financial risks.
- Identify and Implement Improvements: Identifying opportunities to improve financial processes and systems.
- System and Tool Utilization: Implementing financial systems and tools that enhance financial analysis and reporting capabilities.
- Training and Development: Providing guidance and training to non-financial business managers to help them understand financial concepts and reports.
- Reporting to Management: Preparing and presenting financial reports and insights to senior management, including P&L statements, balance sheets, and cash flow analysis.
- Strategic Presentations: Presenting complex financial information in a way that is accessible and understandable to non-financial stakeholders.
Manager - Management Accounts
HFC LTD
11.2019 - 08.2024
- Cost Identification: identified and analyzed different types of costs, including direct and indirect costs, to understand the profitability of services, and departments
- Cost Control: Implemented cost control measures and monitored actual costs against budgeted costs to and came up with variances and areas for improvement.
- Pricing Strategies: Provide data and analysis to support pricing decisions, ensuring that departmental services are priced competitively and profitably.
- Cost Allocation: Allocated costs to departments based on activity, usage and agreed metric
- Cost Reduction: Identified areas to improve efficiency and reduce costs without compromising on service delivery
- Financial Information :Provided relevant financial information to support various management decisions, such as capital budgeting, make-or-buy decisions, and pricing strategies.
- Internal Financial Reports: Prepared internal financial reports, such as monthly or quarterly reports, that detail key performance indicators (KPIs), profitability, and efficiency.
- Management Dashboards: Developed and updated dashboards that summarize financial and operational data for management review.
- Risk Management: Identified financial risks, including those related to cash flow, investments, or fraud, and recommended mitigation strategies.
- Ensuring Compliance: Ensured the business complied with accounting standards, regulations, and company policies.
- Audit Support: Facilitated and supported external and internal auditors during the financial and system audits
Finance Officer
HFC LTD
03.2017 - 10.2019
- Optimized cash flow management, ensuring timely payment of invoices and reducing outstanding debts.
- Prepared monthly reconciliation of bank accounts, Dividends and creditors and took corrective actions on deviations.
- Collaborated with team leaders to define standards, policies and procedures to meet company revenue goals.
- Established strong relationships with key vendors, negotiating favorable terms to benefit the organization's bottom line.
- Reduced financial risk by implementing robust internal controls and regular audits.
- Maintained the company's asset register
- Reviewed and ensured compliance of service level agreements between the bank and suppliers.
- Posted expense and Journals on the SAP accounting system
Credit Analyst
HFC LTD
10.2015 - 02.2017
- Analysed and prepared credit appraisal reports and working papers.
- Prepared borrowers’ loan approval memos and financial analysis workbooks.
- Monitored branch loans and overdrafts performance to ensure minimum delinquency.
- Monitored compliance with covenants and agreed terms and conditions for loan accounts
- Worked with relationship managers in loan structuring and client management.
- Undertook weekly monitoring of Portfolio at Risk and arrears
- Attended credit-related training and conferences to stay informed about industry trends and developments.
- Analyzed credit scores to determine borrowers' creditworthiness.
- Ensured compliance with internal policies and regulatory requirements through diligent documentation of all credit decisions.
Credit Analyst
Kenya Women Microfinance Bank
01.2013 - 09.2015
- Conducted risk assessment, analysis and profiling of various types of lending proposals and business sectors.
- Assessed credit worthiness of clients and groups.
- Prepared analysis worksheets and credit approval reports for the for the proposals.
- Ensured compliance with the credit policy.
- Advised and recommended changes to credit policy and procedures.
- Recommended collateral discharges
- Assisted in Recovery of defaulted amounts from guarantors and Loan Guarantee Deposits.
- Prepared arrears and defaulter reports
Accountant
Kenya Women Microfinance Bank
04.2010 - 12.2012
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Reconciled accounts and reviewed expense data and assets.
- Monitored bank balances and maintained creditor and debtor ledgers.
- Facilitated external and internal audits
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Maintained integrity of general ledger and chart of accounts.
Education
Bachelor of Commerce - Accounting
Egerton University
Nakuru 04.2001 -
Skills
Strong Financial Acumen
Certification
Strategic Leadership in Inclusive Finance, Strathmore University
Timeline
Strategic Leadership in Inclusive Finance, Strathmore University
11-2024
Finance Business Partner
HFC LTD
09.2024 - Current
Reporting with the GRI Standards 2021 Update, Global Reporting Initiative Academy
08-2023
Accounting for Investment and Managerial Decision -Making, The London School of Economics and Political Science
10-2022
Manager - Management Accounts
HFC LTD
11.2019 - 08.2024
Finance Officer
HFC LTD
03.2017 - 10.2019
Advanced Portfolio Management and Modelling, European Investment Bank
09-2016
Advanced Credit - SME & Corporate Analysis, European Investment Bank
06-2016
Sustainable Finance, Kenya Bankers Association
02-2016
Credit Analyst
HFC LTD
10.2015 - 02.2017
Credit Analyst
Kenya Women Microfinance Bank
01.2013 - 09.2015
CPA - Certified Public Accountant III
12-2010
Accountant
Kenya Women Microfinance Bank
04.2010 - 12.2012
Bachelor of Commerce - Accounting
Egerton University
04.2001 -
Similar Profiles
Parwinder KaurParwinder Kaur
Aged Care Worker at Here For Care (HFC) DisabilityAged Care Worker at Here For Care (HFC) Disability
Gabriel SpragueGabriel Sprague
Plumbing Apprentice at HFC ServicesPlumbing Apprentice at HFC Services
Ben Logavatu FongBen Logavatu Fong
Teller at HFC BankTeller at HFC Bank