Kenedy Githinji Mbote
Juja-Kalimoni
Summary
I am a financial and accounting expert with 12 years of experience, currently working as the Head of Treasury. I have been a team leader in the accounting function, the treasury management function, and the reporting function. My experience stretches over areas of business operations management, risk management, strategy development and implementation, team leadership, and strategic financial planning. In the course of my proffesional career, I have developed internal controls and plans to ensure the optimization and sustainability of business operations during different business cycles. I have streamlined the accounting and business operations processes to facilitate a seamless and dynamic financial system, and finally, I have been able to critically analyze data and provide advisory that steers growth, development, and mitigation efforts across the organization.
Overview
15
15
years of professional experience
Work History
Head of Treasury
Lipa Later Limited
09.2023 - Current
- Developing and Implementation the Company’s Strategic Treasury Goals- Involves aligning the company’s expenditure with the company’s budget, outlining and implementing company’s treasury policies, & ensuring a there is a long-term visibility to cash flow and plan on how to access cash to cover long-term payments
- Lead the Treasury Team – Lead the team towards achieving treasury periodic goals by ensuring that all relevant tasks are performed on time and with utmost accuracy
- Steer the growth of the team members by ensuring there is continuous learning and developments in various treasury and finance areas
- Real Time Cashflow Planning & Management-Daily planning and allocation of payments based on cash available, urgency of payment, impact of payment and any unique predisposed factor related to specific payments
- Communicating with suppliers, investors & internal parties - Relaying timely and accurate information in to all stakeholders; the information may include but is not limited to, changes arising in areas such as payment terms/plans, terms of engagement, & negotiations where for better payment terms from the creditors
- Bank Relationship Management-Act as a link between the bank and the organization to ensure there is a smooth flow of information especially on arising matters that need action or resolution
Senior Accountant
Lipa Later Limited
12.2021 - Current
- Managing the group finance and accounting procedures and operations – Guide the team during the financial reporting process and ensure that the reports are prepared on time, accurately and as per the laid-out GAAP and IFRS set standards
- Consolidate and review the financial reports at the group level in preparation for presentation to the executive
- Bank reconciliations- Daily bank reconciliation and posting transactions on SAGE for the Kenyan and new markets entities
- Accounts payable (payments): Partner and general supplier payments, reviewing the partner and general suppliers account reconciliations for all markets, reviewing partner payment vouchers for all markets to identify gaps before approval, coordinating partner and internal requisition payments in coordination with various new market departmental heads and the treasury accountant, resolving partner and general supplier payment issues that may arise by directly communicating the payment plan and managing finance issues with the partners and suppliers in the new markets
- Team lead for the AP, & Investor Relations team – facilitate team members to accurately perform their tasks, and updating the team members of new developments in the two departments
- Assist the team to smoothly coordinate with the treasury team to ensure that all payables are managed as per the company’s payable policies
- Loan management on Musoni- facilitate manual interventions in cases of loan approvals, disbursement, repayments, editing, accounts transfer, interest waiver, restructuring, rescheduling, loan write offs and account closure for the Kenyan and new market entities
- New market payable processing – Facilitating the management of all accounts payables in the new markets, by liaising with the new market staff and ensuring that all the due processes in regards to accounts payable are followed as stipulated in the company policies
- Budgeting- Guide the various budget owners (HODs) during the budget making process and ensure that all the approved budgets are strictly adhered to and all procedures are followed to the latter
Freelance Accounting and Accounting Consultant
Self Employed
Nairobi
01.2017 - 11.2021
- Guide entities without existing accounting departments and procedures to set up the department, and develop and implement processes and procedures to be followed within such organizations.
- Facilitate the finance and accounting tasks where my services are required. This includes preparing financial reports, managing taxes, and any other outsourced tasks.
- SEO and content writing on Fiverr and various online outsourcing companies.
- Wholesale distributor of various household items to retailers within Nairobi and the surrounding counties.
Accountant/Principal Officer
Namanga Forex Bureau Ltd
01.2012 - 11.2016
- Preparing monthly and quarterly management books of accounts
- Daily, Weekly, and quarterly statutory reporting to the Central Bank of Kenya (CBK)
- Payroll management and remittance of statutory deductions (PAYE, NHIF, NSSF, HELB among other deductions)
- Team leader-coordinating, organizing and supervising the front office and back-office teams and activities
- Preparation and filing of Corporate Tax, Excise Duty, and VAT
- Accounts receivable and payable reconciliation
- Internal and External risk analysis and coming up with hedging plans to minimize identified risks
- Petty Cash Management-disbursement and reconciliation
- Monthly bank reconciliation
- Advising the management on the best financial practices and current legislation in forex market
- Enforcing the Forex Bureau regulations to comply with the Central Bank of Kenya guidelines
- Budget Preparation
- Reviewing and posting all the journals into the general ledger
- Conflict and dispute resolution management: internal and external
Double checker
Hipora Business Solution
01.2011 - 12.2011
- Counterchecking and verification of deliveries
- Stocktaking
- Supervision of staff performance/ cleanliness
Accounts intern
MINISTRY OF HIGHER EDUCATION SCIENCE AND TECHNOLOGY
04.2010 - 08.2010
- Voucher preparation
- Ledger management
- Bank reconciliation
Education
Bachelor of Commerce - Finance - Second Class Upper
JKUAT
Kiambu, Juja07-2011
Kenya Certificate of Secondary Education -
Kenya Certificate of Primary Education -
Skills
- Leadership
- Management
- Supervisory skills
- Accounting Skills
- Advanced Excell Skills
- Financial management skills
- Critical thinking
- Analytical skills
- Customer relations
- Communication skills
- Oral communication
- Written communication
- Sage accounting system
- QuickBooks Desktop
- QuickBooks Online
- Excel
- PowerPoint
- Basic computing skills
- LAN networking
Languages
- English
- Kiswahili
References
- Kenneth Karuri, Head of Finance, Lipa Later Limited, +254 722 733 275
- Godfrey Kamau, Head of Finance, Pakia Logistics, +254 720 740 916
- Lucy Waithera, Senior Audit Manager, MGN Associates LLP, +254 724 401 890
Hobbies and Interests
- Reading and Writing
- Networking
- Global Financial Markets
Personal Information
- Date of Birth: 09/16/89
- Gender: Male
- Nationality: Kenyan
- Religion: Christian
Personal Values And Competencies
- Highly organized, flexible, and a versatile team player
- Well organized, highly motivated, detail-oriented
- Ethical, honest, hard-working, and a self-starter
- Excellent communication and interpersonal skills
- Responsible, ambitious, dynamic, and self-driven
Timeline
Head of Treasury
Lipa Later Limited
09.2023 - Current
Senior Accountant
Lipa Later Limited
12.2021 - Current
Freelance Accounting and Accounting Consultant
Self Employed
01.2017 - 11.2021
Accountant/Principal Officer
Namanga Forex Bureau Ltd
01.2012 - 11.2016
Double checker
Hipora Business Solution
01.2011 - 12.2011
Accounts intern
MINISTRY OF HIGHER EDUCATION SCIENCE AND TECHNOLOGY
04.2010 - 08.2010
Bachelor of Commerce - Finance - Second Class Upper
JKUAT
Kenya Certificate of Secondary Education -
Kenya Certificate of Primary Education -
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