JOHN NGANGA MUNYUA
Nairobi
Summary
I am an accountant with over 15 years working experience leading fiscal planning and customer service operations. Fosters one-on-one relationships with important customers. Skilled at attracting beneficial new clients and expanding customer bases. Ready to grow individual branches and entire organizations. High-performing Accountant experienced in fast-paced, customer-facing environments. Mentor and train teams to achieve sales and revenue goals. Initiate improvement strategies, motivate team and develop employees customer service and sales skills. Organizational leader able to efficiently supervise workflow processes, set targets and make associates accountable for achieving personal and team goals. Motivated Accountant with proven skills in cash flow management, forecasting and report preparation developed over 15-year career. Highly analytical and organized with good problem-solving and project management abilities. Approaches every customer with goal of building long-lasting, loyal and productive relationships to sustain business growth. Skilled team player with strong background in accounting and finance environments. Works well independently to handle assignments and always ready to go beyond basics assignments. Quick learner with good computer abilities.
Overview
23
23
years of professional experience
11
11
years of post-secondary education
Work History
Head of Finance
Magnate Ventures Limited
06.2019 - 07.2021
- Led budgeting efforts, maintaining consistent and balanced financial planning to avoid deficits and generate surplus capital
- Collaborated with business partners to assess needs and identify and share opportunities for improved financial performance and strategic decision-making
- Oversaw work of sales and marketing team handling over 3.0 billion in transactions per Annum
- Directed the negotiation of contracts with service providers such as insurance brokers
- Maintained positive relationships with stockholders, investors and industry partners funding key projects and programs
- Analyzed historical financial data to identify the deficiencies and development opportunities available to the organization
- Coordinated efficient accounts payable and receivable operations, keeping accounts current and liabilities paid on time
- Oversaw the collection process for delinquent accounts by working with attorneys and outside agencies
- Reviewed operational data to forecast trends and prepare reports for use in strategic business decision-making
- Enforced sound procedures to maintain adequate control of and secure business assets
- Minimized and mitigated fraud risks and other potential losses by managing sound security strategies
- Prepared presentations and reports for management to aid in key financial planning and decision-making
- Organized data and forecasts to help complete accurate quarterly, yearly and project-specific budgets
- Improved internal handling of cash and credit management by optimizing control policies and guidelines
- Evaluated applications for loans and lines of credit to determine whether customers were suitable candidates for the desired product
- Managed financial statement preparation and business activity reporting for organization bringing in over 3.0 billion in revenues per annum
- Delegated authority for receipt, disbursement, banking, protection and custody of funds, securities and financial instruments
- Reviewed collection reports regularly to determine status of collections and amounts of outstanding balances and formulate effective strategies to bring numbers back in line with targets.
Revenue Accountant
Magnate Ventures Limited
08.2007 - 06.2021
- Projected revenue-impacting events such as sales to inform financial planning efforts
- Oversaw reconciliation of customer-related accounts to maintain up-to-date tracking of vital revenue metrics
- Analyzed major financial discrepancies, applying root cause analysis to determine liability and aid in remedial planning
- Collaborated with sales and marketing team to track and disburse appropriate credit memos to customers, integrating all associated financial impacts into documentation
- Participated in drafting financial forecasts based on historical data, expected performance metrics, market conditions and other factors
- Reviewed customer contracts for compliance with revenue recognition considerations under GAAC (Generally Accepted Accounting Principles)
- Executed tasks related to accounts payable, accounts receivable, financial statement preparation and cash flow analysis
- Identified and resolved accounting discrepancies and investigated apparent irregularities
- Entered data into accounting software accurately to prepare journal entry information
- Monitored ongoing expense tracking tables for unexpected transactions to support rapid responses to fraud or error
- Offered additional support with general accounting tasks to complete monthly close process
- Implemented and maintained internal financial controls to reduce risk
- Filed monthly sales tax returns for operating companies
- Prepared for financial audits, internal reviews and tax returns
- Tracked company expenditures against budget allocations and reported on status
- Supported maintenance of general ledger using Sage 100 accounting system
- Reviewed annual expenses by category to assist preparation of annual operating budgets
- Partnered with colleagues to prepare cash flow forecast
- Managed schedules for accruals, asset depreciation and prepaid expenses.
Accounts Receivable Specialist
Unga Limited, Eldoret
12.1999 - 12.2006
- Analyzed and audited cash receipts and updated customers' accounts accordingly by posting cash receipts, checks and bank deposits in relevant databases or computer systems
- Assessed needs generating options and implemented solutions in line with clients' requirements
- Played crucial role in protecting company's value by keeping information confidential
- Generated and shared reports with management on pending payments, accounting and statements involving weekly aging reports and month-end closing reports
- Maintained billing files, payments received and pending payment files
- Worked in close collaboration with cross-functional teams to initiate cash collection efforts and accounts reconciliation
- Achieved accounts receivable targets and contributed to company's profitability in securing revenues by verifying and posting accurate receipts
- Cross-checked and verified accuracy of invoices and requisition forms before sharing with clients
- Calculated and totaled unpaid invoices and updated receivables log by resolving authorized deductions and entering adjusting entries
- Troubleshot and resolved issues and discrepancies of billed amounts on invoices
- Carried out personal bookkeeping services to reduce workload of senior staff members
- Calculated amounts due, interest charges and balances
- Reconciled or reported discrepancies identified in records, taking action to prevent future incidents
- Processed daily invoices and payments to keep accounting records current
- Updated tracking spreadsheets in an accounting software (BaaN 4) to identify trends
- Investigated and resolved discrepancies during account reconciliation process
- Maintained efficient office operations by offering skilled clerical support to senior team members
- Minimized errors and variances with robust reconciliation processes
- Drafted financial reports to aid senior staff in budget processes and support accurate decision-making
- Collected data from various sources to prepare accurate bank deposits
- Generated financial, accounting or auditing reports and tables to support accounts payable and receivable processes
- Navigated accounting software to record, store and analyze information
- Compiled data from cashiers, balanced drawers and prepared daily deposits
- Reviewed and verified journal entries, receipts and tax data to maintain accuracy.
Education
Bachelor of Commerce - Accounts & Finance: Finance & Accounting
KCA University
CPA - undefined
Visions & KCA College
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Giakanja High Scool
01.1987 - 01.1990
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Kibiku Primary
01.1978 - 01.1986
Skills
Financial planningInvestor relationsFinancial forecast model developmentReportingFraud preventionRisk mitigationManage cash flowWorkflow coordinationAsset protectionBudget forecastingRegulatory compliance monitoringCustomer relationship developmentRecruit well-qualified staffFinancial management
Timeline
Head of Finance
Magnate Ventures Limited
06.2019 - 07.2021
Revenue Accountant
Magnate Ventures Limited
08.2007 - 06.2021
Accounts Receivable Specialist
Unga Limited, Eldoret
12.1999 - 12.2006
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Giakanja High Scool
01.1987 - 01.1990
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Kibiku Primary
01.1978 - 01.1986
Bachelor of Commerce - Accounts & Finance: Finance & Accounting
KCA University
CPA - undefined
Visions & KCA College