KIPLANGAT MARTIN NGENO
CHIEF ACCOUNTANT
Nairobi, Nairobi Province
Summary
As a highly skilled and results-driven accounting professional, I have built a proven track record of success in streamlining financial operations and ensuring timeliness and accuracy in management. Throughout my career, I have excelled in optimizing financial processes, implementing advanced accounting systems, and driving cost-saving initiatives. I am adept at providing comprehensive support and guidance to clients in areas such as tax compliance, invoice management systems, and regulatory changes. With extensive experience spanning diverse industries, I have consistently delivered exceptional results by leveraging my expertise in financial analysis, payroll management, and regulatory compliance. I have successfully migrated companies from manual to using complete and reliable accounting systems, resulting in improved accuracy and enhanced decision-making capabilities. By developing sophisticated financial models and utilizing advanced Excel, Google sheets, SQL and power BI skills, I have increased efficiency in reporting and provided companies with valuable insights for better business performance. In addition to my technical accounting and financial skills, I bring exceptional leadership abilities to the table. I have successfully supervised and mentored teams of staff members, optimizing communication processes and meeting client deadlines. With a strong foundation in financial reporting and analysis, bookkeeping, payroll management, and regulatory compliance.
Overview
12
12
years of professional experience
Work History
Chief Accountant
Username Investment Limited
05.2024 - Current
- Preparing management accounts to provide timely and accurate financial information to decision-makers. Compiling and analyzing data, generating reports, and interpreting financial performance.
- Prepare Monthly, Quarterly and annual budget and regularly analysis and reporting on comparison with the actuals and trends
- Overseeing monthly preparation of prepayments and accrual accounts to ensure accurate financial reporting. Reviewing and verifying proper recording of prepaid expenses and accrued liabilities.
- Ensure monthly preparation of the fixed asset register to maintain an up-to-date record of the organization's assets. Tracking acquisition, depreciation, and disposal of fixed assets.
- Plan and prepare annual External and internal audits of financial statements and management reports within specified timelines.
- Increased efficiency within the accounting department through continuous process improvement initiatives and staff training programs.
- Ensure optimal and smooth operation of the company’s accounting systems by continuously reviewing there operation and/or recommending additional functionalities, where appropriate
- Served as a strategic business partner to senior leadership by providing valuable financial insights, recommendations for improvement and accurate financial information necessary for decision-making processes.
- Safeguarded company''s financial health by implementing robust internal controls and risk mitigation measures across various departments.
Senior Accountant
Username Investment Limited
04.2022 - 05.2024
- Overseeing monthly preparation of prepayments and accrual accounts to ensure accurate financial reporting. Reviewing and verifying proper recording of prepaid expenses and accrued liabilities.
- Spearheading monthly preparation of the fixed asset register to maintain an up-to-date record of the organization's assets. Tracking acquisition, depreciation, and disposal of fixed assets.
- Reviewing balance sheet accounts monthly to identify and address discrepancies or irregularities. Reconciling accounts, investigating variances, and making necessary adjustments.
- Preparing management accounts to provide timely and accurate financial information to decision-makers. Compiling and analyzing data, generating reports, and interpreting financial performance.
- Developed monthly, Quarterly and annual budget and regularly analysis and reporting on comparison with the actuals and trends.
- Reviewing monthly bank reconciliation by the 5th to ensure accuracy of financial records.
- Compiling and filing tax returns (e.g., PAYE, NITA, Housing Levy) by the 5th to ensure timely and accurate tax compliance.
- Calculating, preparing, and submitting required tax documents.
- Computing and filing tax returns (e.g., Withholding VAT, withholding tax) in a timely manner to fulfill obligations and maintain good standing with authorities.
- Reconciled accounts and created documents for monthly closure procedures.
- Played the lead role in migration and successfully migrated from Excel single currency to Sage Evolution multi-currency accounting system for clients and this led to more accurate reporting and decision making.
- Assisted our clients in transitioning from the traditional practice of writing physical checks to embracing online banking.
- Prepared monthly journal entries and reconciliations.
Accountant
Username Investment Ltd
04.2017 - 03.2022
- Reviewed all posting, filing, and documentation of payments, cash deposits, invoices, and other finance documents to ensure accuracy and completeness of financial records.
- Prepared financial reports to provide timely and accurate information on the organization's financial performance and position.
- Posted approved journals in the accounting system to maintain up-to-date and accurate financial records.
- Assisted during annual external audits by retrieving and providing the required financial documents and records to support the audit process.
- Reviewed tax law amendments and advised clients on the implications and effects on their business operations to ensure compliance with applicable regulations.
- Maintained the safe custody of cash, cheque books, and all financial records to protect the organization's assets and uphold financial integrity.
- Prepared and filed Value Added Tax (VAT), Withholding Tax, Higher Education Loan Board (HELB), and National Industrial Training Authority (NITA) returns in a timely manner to fulfill the organization's legal and regulatory obligation
Accounting software Internship
Sage East Africa
05.2016 - 12.2017
- Focused on Sage Evolution ERP implementation, customization, and client support, laying the groundwork for advanced consultancy skills.
Product consultant
Gravity Solutions Limited
05.2016 - 03.2017
- Implemented and supported Sage Evolution ERP, Pastel Partner, and Sage One, customizing systems to meet client specifications.
- Designed and delivered customized financial intelligence reports and document layouts, enhancing client operational efficiency.
- Led project planning and implementation for new Sage system installations, ensuring client satisfaction and system reliability.
Internship
Faulu Kenya Limited, Bomet Branch
06.2014 - 08.2014
- Provided comprehensive customer service, including account opening, loan processing, and general banking services.
- Ensured accurate transaction processing and cash management, supporting branch operational efficiency.
- Excellent communication skills, both verbal and written.
- Worked well in a team setting, providing support and guidance.
- Passionate about learning and committed to continual improvement.
- Participated in team projects, demonstrating an ability to work collaboratively and effectively.
Education
Certified Public Accountant - Part I - Part III
Kenya Accountants & Secretaries National Examination Board (KASNEB)
01-2017
Accounting
Kenyatta University
Nairobi, Nairobi Province, Kenya 04.2001 -
Kenya Certificate of Secondary Education - undefined
Tengecha Boys High School
01-2009
Skills
Financial Reporting and Analysis: Proficient in preparing accurate and insightful financial reports, analyzing financial data, and providing meaningful recommendations to support decision-making processes
Payroll Management: Possesses the ability to efficiently process and manage payroll, including calculating wages, deductions, and taxes, ensuring compliance with labor laws and company policies
Bookkeeping and Record-Keeping: Strong expertise in maintaining accurate and up-to-date financial records, including posting transactions, reconciling accounts, and organizing supporting documentation
Financial Management: Expert in monitoring and optimizing financial resources, minimizing costs, and maximizing profitability Able to identify and implement cost-saving measures
Proficiency in Sage Evolution, Pastel, QuickBooks or other accounting software: Skilled in effectively utilizing accounting software for tasks such as bookkeeping, financial reporting, and payroll management
Fixed Asset: Possesses the ability to analyze financial data, interpret trends, and generate insights to support decision-making and strategic planning
Excel and Google sheet Skills: Proficient in using Microsoft Excel for data analysis, financial modeling, and creating reports
Teamwork and collaboration
Computer skills
Customer service
Microsoft office
Friendly, positive attitude
Affiliations
Institute of Certified Public Accountants of Kenya (ICPAK)
Training
- 2023, New Finance Act 2023, Kenya Revenue Authority
- 2022, Tax Invoice Management System, Kenya Revenue Authority
- 2022, Nita filing, Kenya Revenue Authority
- 2021, Tax Invoice Management, Kenya Revenue Authority
Timeline
Chief Accountant
Username Investment Limited
05.2024 - Current
Senior Accountant
Username Investment Limited
04.2022 - 05.2024
Accountant
Username Investment Ltd
04.2017 - 03.2022
Accounting software Internship
Sage East Africa
05.2016 - 12.2017
Product consultant
Gravity Solutions Limited
05.2016 - 03.2017
Internship
Faulu Kenya Limited, Bomet Branch
06.2014 - 08.2014
Accounting
Kenyatta University
04.2001 -
Kenya Certificate of Secondary Education - undefined
Tengecha Boys High School
Certified Public Accountant - Part I - Part III
Kenya Accountants & Secretaries National Examination Board (KASNEB)