Lilian Musanyi

• Tax Planning and Compliance: Developed tax planning strategies and ensured implementation and compliance with local tax regulations throughout the pre-opening and operational phases, including PAYE, VAT, Housing Levy, NHIF, SHIF, NSSF, and NITA Levy.
• Capital Expenditure Planning: Plan and manage capital expenditure budgets, prioritizing investments to support operational efficiency and guest satisfaction.
• Financial Audits: Coordinate financial audits during the pre-opening phase and ongoing operations, ensuring compliance with auditing standards and requirements.
• Financial Reporting to Ownership: Prepare and present financial reports to ownership or corporate headquarters, providing insights into the hotel's financial performance.
• Financial Training: Provide financial training and support to department heads and staff members to enhance financial literacy and accountability.
• Forecasting Revenue Streams: Forecast revenue streams from room bookings, food and beverage sales, and other sources to inform budgeting and decision-making.
• Financial Compliance: Ensure compliance with financial regulations and standards, including Generally Accepted Accounting Principles (GAAP), and Marriott's accounting policies.
• Performance Measurement: Develop key performance indicators (KPIs) to measure financial performance, and track progress towards goals.
• Cash Management: Implement cash management procedures to optimize cash flow, including monitoring cash balances, reconciling accounts, and managing bank relationships.
• Financial Analysis: Conduct financial analysis to identify trends, variances, and opportunities for improvement, informing strategic decision-making.
• Supported month-end close processes by reconciling accounts promptly.
• Processed invoices and managed accounts payable functions efficiently.
• Established controls for new financial systems, and developed methods to improve existing systems.
• Reviewed contracts for potential risks or liabilities related to taxation, or regulatory matters.
• Prepared monthly account reconciliations to ensure the accuracy of financial statements.
• Managed general and subsidiary ledgers, revenue distribution, and operating expenses across multiple accounts, logging depreciations and costs.
• Conducted regular reviews of internal control systems for cost-saving opportunities.
• Developed dynamic financial management programs to support corporate strategies.
• Managed the preparation of annual budgets and forecasts in accordance with company policies.
• Reviewed, analyzed, and verified the accuracy of financial documents, such as invoices, bills, and ledgers.
• Prepared detailed reports summarizing financial results on a monthly basis.
• Coordinated external audits with outside auditors to ensure compliance with GAAP regulations.
• Analyzed financial data to identify trends, variances, and discrepancies while providing corrective action plans when necessary.
• Integrated financial information into business decision-making, budgeting, forecasting, and strategic planning processes.
• Interpreted complex financial information into easily understandable terms for non-financial personnel.
• Supervised the day-to-day operations of the accounting department, including accounts payable, receivable, and payroll processing.
• Performed ad hoc analyses, as requested by the management team.
• Analyzed balance sheets for mistakes and inaccuracies.
• Oversaw the full accounting cycle and prepared applicable financial statements.
• Supported efficient accounting operations with high-quality administrative support.
• Gathered banking transactions via statements, recorded activity in Excel format, and reconciled balances.
• Maintained accurate accounts for cash, fixed assets, and other transactions.
• Researched changes in laws to maintain adherence to financial regulations.
• Cross-trained employees enable the completion of priority tasks during personnel absences.
• Researched and implemented best practices to improve audit results.
• Diminished financial discrepancies and accurately reconciled accounts using detailed data analysis results.
• Minimized internal accounting department backlogs by updating accounts, and generating reports.
• Wrote reports, authored papers, and organized supporting documentation.
• Coordinated schedules, facilitated communication, and prepared reports.
• Investigated and resolved billing issues to maximize cash flow and minimize liabilities.
• Developed a staff expense and reimbursement tracker to reduce user errors and increase reporting accuracy.

Generated monthly financial reports summarizing unit's accounting activity.

• Monitored balance sheets and income statements to assess financial performance.
• Trained team members to improve audit department efficiency and effectiveness.
• Responded promptly to inquiries from colleagues on financial matters.
• Reviewed and processed accounts payable transactions for accuracy.
• Investigated billing issues to optimize cash flow while minimizing liabilities.
• Prepared budget reports, forecasts, and variance analyses for operational costs.
• Collaborated with internal stakeholders to ensure compliance with finance regulations.

• Managed team of Accounts Payable clerks to ensure efficient invoice processing.
• Reviewed and approved invoices for accuracy and proper authorization.
• Executed month-end and year-end closing activities related to accounts payable.
• Coordinated with external auditors during audits of accounts payable records.
• Monitored vendor accounts to ensure prompt invoice payments.
• Negotiated favorable payment terms with vendors to enhance cash flow.
• Generated aging reports for management review and action.
• Assisted in training new employees on established accounts payable protocols.