Hi, I’m
NELSON WAMAYA
ACCOUNTANT
Nairobi,30
Business opportunities are like buses, there’s always another one coming.
Richard Branson
Summary
Seasoned accountant bringing more than 6 years of experience directing accounting systems for diverse business groups. Industrious and cost-conscious with excellent project management abilities. Advanced understanding of GAAP and Accounting standards.
Overview
7
years of professional experience
8
years of post-secondary education
Work History
Novo Nordisk Middle AfricaNairobi, Nairobi County
Finance and Compliance Analyst
11.2021 - Current
Job overview
- Verify, check and validate credit and debit notes for customers' across Africa.
- Sourcing for cost effective suppliers, services and processes to save company resources.
- Supporting finance departments across Sub Saharan Africa with Accounts Payables.
- Compliance of financial and regulatory policies through Coupa and CAMP Systems.
- Support the headquarters office in Denmark with other duties as assigned.
- Risk Assessment
- Local Due Diligence Representative.
- Coupa and CAMP Systems Champion.
- Processing Purchase Orders for the sub-Saharan African affiliate.
Betwin Sports Private Ltd Company (MELBET)Addis Ababa, Ethiopia
Senior Accountant
08.2021 - 11.2021
Job overview
- Prepare financial statements, business activity reports, and financial forecasts.
- Ensure company's records are kept in compliance with global standards.
- Manage employees who are responsible for financial reporting and budgeting.
- Periodically review the company's reports and identify gaps for cost reduction.
- Financial analysis and advise top management on how to maximize profits.
- Analyze market trends and identify opportunities for growth/expansion.
- Oversee organization’s investments.
- Give final approval to expenditures greater than (1000 dollars)
Saferider Management Systems Limited, Nairobi
Chief Accountant
09.2020 - 07.2021
Job overview
- Fully in charge of bookkeeping including all month and year end journal entries.
- Compilation and preparation of weekly, monthly and yearly reports including Management Accounts.
- Process payroll and generate employee pay slips.
- Generate Invoices, cash sales receipts, pass credit notes & managing paybill transactions.
- Process payments to suppliers and other payments including Petty cash management and payment of statutory deductions.
- Reconciliation of customer accounts and suppliers accounts.
- Bank and Roadsmart vs QuickBooks Reconciliations.
- Liaising with external auditor on annual audit.
- Carrying out credit control functions.
- Tax Planning, Withholding Taxes, Withholding VAT, income taxes and minimum/installment tax preparation, payment and filing.
- Daily sales, stock and petty cash reporting, verifying and approving.
- Execute internal financial decisions including budgeting and forecasting.
- Inventory control and management.
- Achievements:.
- Annual company returns including generation of CR29 forms and CR12 documents for 2019 & 2020.
- Registration of company with suppliers on supplier management tools(SMTs) for instance, BOC Kenya, DT Dobie, Base Titanium, CMC Motors, Kuehne + Nagel (Tradeshift) and Toyota Kenya (Syntrade).
- Cleaning out the accounting system by passing journals and reducing payables from 24 Million to 7 Million.
- Reduction of Outstanding Customer Balance from 14Million to only 8 Million in three months notwithstanding the Covid-19 adverse effects while achieving across the board maximum of 30 days credit terms for all credit clients to ensure long term sustenance.
- Bank credit facility successful application to cushion the company during covid-19 economic meltdown.
- Reduction of costs by eliminating unnecessary expenditure and taking up multiple roles to reduce labour costs for instance monthly accounting fees for VAT filing and human resources payroll consultancy fees, operational duties including organization, planning and coordination of technicians and cashier roles.
Penny Galore Limited & Feline Store Limited, Nairobi
Finance Manager
07.2020 - 09.2020
Job overview
- Stock Control and Management.
- Financial Statements Preparation.
- Accounts Payables and Accounts Receivables.
- Tax planning and advising on the best alternatives.
- Bank Reconciliations and Director’s Account Management.
- Achievements:.
- Development of the company’s financial policies.
- Acquisition of Sage Cloud Accounting – The company had no accounting system.
- Proper filing and retrieval system for sensitive documents.
Ruflex EPZ Limited, Nairobi
Interim Finance / Project Manager
09.2019 - 01.2020
Job overview
- Preparation of pro forma financial statements, business activity forecasts.
- Monitoring financial transactions to ensure that legal requirements are met.
- Sourcing for employees for the start-up.
- Reviewing company financial projections and seeking ways to reduce costs.
- Analyzing market trends to find opportunities for dominance.
- Advising management to make sound financial decisions, Put together a comprehensive, proper business plan for the start up.
GTEC Company Limited, Nairobi
Assistant Accountant
02.2018 - 01.2019
Job overview
- Preparation of vouchers for payment.
- Processing electronic transfers and payments including RTGS Payments.
- Documentation and external audit assistance by providing files.
- Posting supplier invoices, credit notes and other records on Sage Evolution.
- Bank Reconciliations, Cash Books and General Ledger Accounts.
- Payroll Processing via Sage Payroll System monthly.
- Suppliers ‘accounts reconciliation against statements.
- Key Performance Reporting to the executive and management.
- Handling M-Pesa Agent Mobile transactions.
- Filing of VAT, Income Tax and Withholding Tax on the iTax Platform.
African Cotton Industries Ltd
Assistant Accountant
05.2015 - 10.2017
Job overview
- Managing Suppliers Accounts.
- Processing all supplier invoices and settlement within credit periods.
- Receiving, verifying and posting supplier invoices, credit notes and purchase orders.
- Ensuring supplier transactions comply with company policy and procedures.
- Distributed supplier cheques.
- Assisting in end month closing of supplier accounts.
- Submitting Key Performance Indicators’ Report.
- Dealing with telephone enquiries from suppliers regarding their accounts.
- VAT & Income Tax computation and filing on iTax platform.
Mombasa Container, Mombasa
Clerk
01.2015 - 04.2015
Job overview
- Received, verified and allocated containers from Kenya Ports Authority.
- House cleaning of the yard.
- Allocated containers in the system to various blocks & Stock-taking.
Makeni Mutua & Associates
Audit Intern
04.2014 - 11.2014
Job overview
- Statutory audit of limited companies, Community Based Organizations, Non- Governmental Organizations, SACCOs, Partnerships and sole proprietorships.
- Special VAT audit for clients.
- Preparation and presentation of audit reports.
- Preparation of cashbooks and bank reconciliations.
- Preparation of Tax returns and submission to KRA.
- Maintained books of accounts for several clients.
- General office duties as assigned.
East African Portland Cement Company
Finance Intern
02.2012 - 04.2012
Job overview
- Preparation of debit notes.
- Preparation of payment vouchers.
- Issuing VAT certificates to suppliers.
- Matching LPOs with Goods Received Notes.
- Posted Supplier Invoices into the JD Edward ERP System.
Education
Technical University of Mombasa
from Business Administration
08.2009 - 10.2013
Lubinu Secondary School
Kenya Certificate of Secondary Education (B
01.2005 - 11.2008
Skills
Month-end close
Financial accounting
Full-cycle accounting
Monthly financial statements
Audit support
Data integrity
Internal controls
Compliance requirements
Cash Flow analysis
Account reconciliation specialist
Tax accounting specialization
Intuit QuickBooks specialist
Bookkeeping
Budget Analysis
Account reconciliation processes
Excel
Accomplishments
- Supervised team of 6 staff members.
- Documented and resolved unregistered supplier management tools which led to client payment and account creation.
- Achieved significant reduced accounts receivables balances (14Million to 8Million) through effectively helping with collection and reduced credit term periods to a maximum of 30 days for all account customers.
- Achieved company cushioning by successfully completing credit facility renewal application with Prime Bank within the time frame provided.
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Availability
See my work availability
Not Available
Available
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Finance and Compliance Analyst
Novo Nordisk Middle Africa
11.2021 - Current
Senior Accountant
Betwin Sports Private Ltd Company (MELBET)
08.2021 - 11.2021
Chief Accountant
Saferider Management Systems Limited, Nairobi
09.2020 - 07.2021
Finance Manager
Penny Galore Limited & Feline Store Limited, Nairobi
07.2020 - 09.2020
Interim Finance / Project Manager
Ruflex EPZ Limited, Nairobi
09.2019 - 01.2020
Assistant Accountant
GTEC Company Limited, Nairobi
02.2018 - 01.2019
Assistant Accountant
African Cotton Industries Ltd
05.2015 - 10.2017
Clerk
Mombasa Container
01.2015 - 04.2015
Audit Intern
Makeni Mutua & Associates
04.2014 - 11.2014
Finance Intern
East African Portland Cement Company
02.2012 - 04.2012
Technical University of Mombasa
from Business Administration
08.2009 - 10.2013
Lubinu Secondary School
Kenya Certificate of Secondary Education (B
01.2005 - 11.2008