Summary
Overview
Achievements
Work History
Education
Skills
Technical certifications
Affiliations
Hobbies
Referees
John Kimani

John Kimani

NAIROBI,579

Summary

PERSORNAL PROFILE

GENDER: Male

MARITAL STATUS: Married

DATE OF BIRTH: 18th November 1985

NATIONALITY: Kenyan

CAREER PROFILE

Forward-thinking senior executive with 10 years’ experience and proven record of accomplishment in the Sacco industry.Am a driven and ambitious change manager equipped with people skills to lead a team to ensure continuous business improvement focused on enhancing revenue growth, developing business strategy and streamlining business process and procedures that improve on operations efficiency. i possess skills in aligning finance strategies with overall business objectives.

Overview

13
13
years of post-secondary education
10
10
years of professional experience

Achievements

  • Setting up of the Finance department from initial stages, through creation of structures, developing accounting & financial controls, policies and procedures that has ensured sound accounting and internal control systems.
  • Setting up of the Procurement Unit from initial stages, through creation of structures, developing procurement policies and procedures that are in line with the PPDA act.
  • Lead team in implementing personalized member cheque book solution where members are issued with cheque books to facilitate financial transactions in and outside the Sacco.
  • Lead team in implementing a cheque truncation system that reduced third party cheque clearing days from T+2 to T+1 hence third-party cheque is cleared in the Sacco same like banks.
  • Part of a three-member Committee that successfully managed a data Centre migration project that have saw improved efficiency of the system as well reduced MPLS connectivity costs by over 50%.
  • Improving & Managing regulatory liquidity ratios from a low of 5% to above minimum regulatory requirements.
  • Overseeing successful migration of financial data from power financials to a new CBS Microsoft dynamics navisons 2016 with data accuracy success rate of 99%.
  • Implementation of branch accounting that enhanced individual tracking of branch performance.
  • Through my financial leadership the Sacco key capital adequacy ratios have improved above the minimum regulatory requirements.
  • Innovating new revenue streams that lead the Sacco record a growth in Non-funded income and investment income by over a 100%.
  • Minimization of loan loss provisioning by advising the Board on key measures to be undertaken i.e Setting up of an internal recovery unit, introduction of late payment penalties and recruiting of external debt collectors and auctioneers.
  • Developing and implementing IFRS 16 model

Work History

FINANCE MANAGER

DIMKES SACCO LTD
KIAMBU, NAIROBI
01.2014 - Current
  • Overall management and coordination of the finance department by leading, directing, planning and controlling of all aspects of finance.
  • Technical advisor to the board finance & administration committee to appraise them with the financial performance of the Sacco through presentation financial reports for effective decision making.
  • Tasked with defining and leading the growth strategy of the Sacco.
  • Attend board meeting to appraise them with quarterly financial performance reports as well as provide advisory to the Board on key strategic decision making.
  • Enforcing financial discipline across the Sacco and ensuring that all department operate within the laid down financial policy framework and approved budget.
  • Evaluating investment decisions by analyzing risk vs returns on available investment opportunities and advising the Board on the best investment option.
  • Management of treasury across all the branches by establishing an optimum liquidity framework that will ensure the overall Sacco liquidity ratios are above regulatory requirements.
  • Management of tax matters, reporting and ensuring compliance with all relevant authorities.
  • In charge of approving loan disbursement as well being a member of a technical credit committee, which deals with approval of loan prior to the Board credit committee approval.
  • Overseeing preparation of Annual budgets for presentation to the BOD and management for approval and later presentation of the same to the AGM.
  • Evaluating and measuring finance and business performance against the Sacco strategic plan and Budgets and making recommendations to enhance Sacco performance meets shareholders expectations.
  • Maintaining good working relationships with various stakeholder towards attainment of the Sacco corporate plans and investment objectives.ie Sasra, business partners, commercial banks and KRA.
  • Oversees procurement function to ensure the procurement activities are in line with internal policies and PPDA Act, and also ensure that procurement costs are within the approved budget as well as the Sacco gets value for money.
  • Oversee preparation of financial accounts and ensure they are thoroughly concluded for auditing and subsequent presentation to Sasra for approval and publication to the AGM.
  • Representing the CEO in meetings and advocacy forums and assumes the CEO’s authority in the CEOs absence.
  • Assessed expansion plans and present costs to forecast trends and recommend changes to the Board.

ACCOUNTANT

DIMKES SACCO LTD
KIAMBU, KENYA
09.2012 - 12.2013
  • General supervision of Accounts Section staff.
  • Preparation of financial statements for auditing purposes.
  • Advice management on daily cash position.
  • Generating monthly and quarterly budget reports.
  • Ensure the Organizations finances are properly utilized and excess liquidity promptly invested competitively.
  • Ensure safe custody of Society’s cheque books and other sensitive documents.
  • Ensure all payments and expenditure are authorized before payment.
  • Attending weekly management meetings to appraise the management on the Sacco performance.
  • Daily reconciliation of customers deposit account balances.
  • Ensure that all bank accounts and Mobile reconciliations are done daily and on a timely basis.
  • Extraction of monthly Trial Balances, Cash Flows and Forecast statements.
  • Maintaining the General Ledger, check entries in the cash book and the ledger accounts.
  • Manage petty cash and ensure that all monies/cheques received are promptly banked on a daily basis.
  • Managed entire accounting cycle, including gathering information, preparing documents, finalizing reports and closing books.
  • Created budgets and forecasts for management group to meet regular accounting deadlines.
  • Evaluated and improved accuracy and completeness of financial records.
  • Tracked financial progress by creating quarterly and yearly balance sheets.

TELLER

DIMKES SACCO LTD
01.2012 - 12.2012
  • Accept Cash deposits, cash withdrawal, loan repayments and processing of member third party cheques.
  • Process cash and salary advances.
  • Assist in ordering, receiving, verifying, and distributing cash to tellers.
  • Answer customer inquiries and refer customers to the proper service area for issues that cannot be resolved at the teller line.
  • Promotes the SACCO products and services.
  • Represent the Sacco in a manner that maintains and expands positive relations with all Members, potential Members and co- workers.
  • Educated customers on use of banking website and mobile apps.
  • Answered customer inquiries regarding account balances, transaction history, services charges and interest rates.
  • Performed customer transactions for cashiers checks, deposits and withdrawals.
  • Maintained friendly and professional customer interactions.
  • Executed wire transfers, stop payments and account transfers.
  • Answered telephone inquiries on banking products, including cheques, savings, loans and lines of credit.
  • Assisted customers with setting up or closing accounts, completing loan applications and signing up for new services.
  • Processed customer transactions promptly, minimizing wait times.
  • Completed highly accurate, high-volume money counts via both manual and machine-driven approaches.

Education

Bachelors in Business Management - Finance & Banking

MOI UNIVERSITY, NAIROBI
01.2013 - 12.2015

CPA (K) - Certified Public Accountants

ROYAL BUSINESS SCHOOL, NAIROBI
12.2010 - 12.2013

KCSE -

KARURI HIGH SCHOOL, KARURI
01.2000 - 12.2003

Diploma - Business Administration

TECHNICAL UNIVERSITY OF KENYA, NAIROBI
01.2008 - 12.2010

Recognition Certificate For Outstanding Performance Having Position 10 By KASNEB Country Wide in Business -

Royal Business School, Nairobi
06.2010 - 06.2010

Skills

Staff Management

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Technical certifications

YEAR 2012 - Team Dynamics, Cashier And Customer Care

YEAR 2013—Credit Administration And Debt Managements

YEAR 2014-Stress, Risk, Financial And Investment Management, Governance, Motivation And Personal Growth.

YEAR 2016-Microsoft Dynamics Technical Training On ERP 2016

YEAR 2018-ACL Concepts And Practices

YEAR 2018-Risk Management Skills

YEAR 2019Taxation Of Saccos By KESRA

YEAR 2019-Customer Service And Customer Relationship Management

YEAR 2019Advanced financial Modeling & Dashboards with excel training

Affiliations

Member of the institute of certified public accountants (ICPAK) since 2016 to date.

Hobbies

swimming

cycling

Referees

1.Noah O. Ndakala

Managing Partner

RonaldsLLP
RhaptaRoad,Westlands
Nairobi – Kenya

Cell;0722 220013

Email: Noah@ronalds.co.ke

2.Sane Ole Apale

CEO

Kratis Advisory Ltd

Po Box 36044-00200

Nairobi Kenya

Cell;0727 702191

sane@kratis.co.ke

John Kimani