Patrick Maina Kagimbi
Auditor/Accountant
Nairobi
Summary
I am a highly skilled CPAK finalist with six years of comprehensive experience in accounting, finance, and auditing. My expertise spans financial reporting, cash flow management, budgeting, risk management, and internal controls. Proficient in utilizing advanced financial tools like Excel, ERP systems, and financial software applications, I deliver clear and actionable insights that enhance strategic decision-making, operational efficiency, and compliance with regulatory standards. Known for my ability to streamline processes, improve internal controls, and reduce financial risks, I am dedicated to driving business performance through data-driven financial management and sound fiscal practices.
Experienced and enthusiastic Consultant with track record of success across wide range of industries. Possesses exceptional interpersonal, problem-solving and analytical skills to provide advice and expertise to client organizations improving business performance. Experienced in all aspects of operations, strategy and finance.
Overview
7
7
years of professional experience
7
7
years of post-secondary education
Work History
Consultant – External Auditor & Financial Consultant
Intellect Illumine Advisory
05.2024 - Current
- Conduct comprehensive financial audits to ensure compliance with International Financial Reporting Standards (IFRS) and Kenyan tax laws
- Evaluate financial statements for accuracy, completeness, and regulatory compliance
- Perform substantive and control testing to verify the integrity of financial records
- Identify financial, operational, and compliance risks in client organizations and recommend mitigation strategies
- Assess internal controls to detect weaknesses and provide improvement recommendations
- Develop risk management frameworks aligned with industry best practices
- Offer strategic financial planning and budgeting advice to SMEs and corporate clients
- Assist businesses in cash flow management, investment planning, and cost optimization
- Conduct financial due diligence for mergers, acquisitions, and funding decisions
- Review and optimize tax filings to ensure compliance with Kenya Revenue Authority (KRA) regulations
- Provide expert guidance on tax planning, VAT compliance, and risk management
- Assist clients in recovering tax refunds and reducing liabilities through legal tax strategies
- Prepare detailed audit reports, outlining findings, risks, and actionable recommendations
- Present audit findings to management teams, board members, and stakeholders
- Ensure clear communication of financial insights to aid in strategic decision-making
- Analyze financial management processes to enhance efficiency and accuracy
- Recommend process improvements that strengthen financial controls and reduce errors
- Guide clients in implementing accounting software solutions for automation and accuracy
- Provide personalized financial consulting to businesses across various industries
- Foster long-term relationships with clients, offering ongoing advisory support
- Act as a trusted financial partner, helping businesses achieve sustainable growth
- Successfully identified and mitigated key financial risks for multiple clients, improving their financial stability and growth potential
- Streamlined audit processes for SMEs, reducing timelines by 15%
- Assisted clients in recovering tax refunds by identifying unclaimed VAT credits, saving significant amounts in tax liabilities
- Recommended process improvements that enhanced financial controls, increased efficiency, and reduced errors
- Commended by clients for delivering insightful audit recommendations and financial strategies that improved operational performance and profitability
Auditor
PCEA Wendani Parish
01.2018 - Current
- Conducted thorough audits for various church groups, such as the Women’s Guild, Youth Ministry, and PCEA Wendani Academy, ensuring their financial statements adhered to accepted accounting principles
- Reconciled discrepancies in financial statements by investigating errors, misstatements, and irregularities, thereby improving the accuracy of financial records
- Audited income streams, including school tuition fees, fundraising events, and offerings, ensuring proper documentation and accountability
- Designed and implemented a standardized financial reporting system for all parish entities, leading to a 30% improvement in the consistency and reliability of financial records
- Produced detailed, actionable audit reports that highlighted key findings, offered recommendations, and informed leadership decisions on budgeting and resource allocation
- Conducted regular training for treasurers and financial officers on effective financial management practices, compliance with policies, and audit preparedness
- Evaluated budgets and identified areas for cost optimization, recommending changes that enhanced operational efficiency and reduced unnecessary expenditures
- Audited special projects, including construction initiatives and community outreach programs, to ensure proper utilization of donor funds and compliance with project budgets
- Reviewed and reported on procurement processes, ensuring adherence to policies and value for money
- Built trust and confidence in financial operations among parish stakeholders by ensuring transparency and accuracy
- Identified and eliminated inefficiencies, leading to significant resource optimization
- Established a robust financial control framework that improved compliance and accountability across all church departments
Internal Auditor
Progressive Credit Limited
10.2022 - 04.2024
- Company Overview: a microfinance
- Led efforts to identify, assess, and mitigate financial, operational, and market risks, ensuring that risks in loan processing, trading activities, and market fluctuations were managed effectively
- Conducted comprehensive reviews of the internal control systems, recommending improvements that resulted in enhanced segregation of duties and automated control processes, significantly reducing human errors and increasing accuracy
- Ensured compliance with both local and international regulations such as anti-money laundering (AML) laws and capital adequacy requirements, thereby minimizing legal risks and safeguarding the company’s reputation
- Led efforts to identify and prevent fraudulent activities through detailed investigations of suspicious transactions and the implementation of enhanced reporting and monitoring mechanisms
- Ensured the accuracy of financial reports, including balance sheets, income statements, and cash flow reports, which were crucial for both internal decision-making and external compliance
- Conducted audits to improve operational efficiency, recommending cost reduction measures and technology upgrades that streamlined processes
- Played a key advisory role in senior management decisions related to trading expansions and market entries, providing insights on financial health and risk exposure
- A microfinance
- Reduced financial risks by 25% through strategic risk mitigation
- Developed and implemented improved internal control systems, enhancing compliance and reducing discrepancies
- Identified opportunities for operational cost reduction, leading to a 10% decrease in overall costs
Finance Manager
Omega Risk Management
05.2020 - 09.2022
- Prepared monthly, quarterly, and year-end financial reports, providing senior management with a clear view of the company’s financial health
- Oversaw the preparation and review of financial statements, ensuring compliance with accounting standards and company policies
- Monitored daily cash flow, ensuring sufficient liquidity for operational needs and adherence to statutory requirements
- Acted as the main liaison with external auditors, leading the audit preparation process and ensuring that all financial documentation was accurate, complete, and in compliance with regulations
- Led the annual budgeting process and regularly analyzed variances, providing explanations and recommending corrective actions to address discrepancies
- Maintained the fixed asset register, ensuring accurate tracking of asset values and making recommendations for investments or disposals to optimize the asset base
- Improved liquidity by 15% through effective cash flow management
- Reduced outstanding debts by 20% by implementing improved debtor management strategies
- Streamlined the audit preparation process, resulting in zero audit queries
- Spearheaded the preparation of annual budgets, contributing to more accurate financial forecasting and planning
Education
Certified Public Accountant (CPA) -
KCA University
01.2018 - 01.2021
Bachelor of Commerce (Finance) - undefined
KCA University
01.2023 - 01.2025
CISA - undefined
KCA University
Secondary Education - undefined
Elburgon Secondary School
01.2013 - 01.2015
Skills
Financial Auditing & Internal Controls
Risk Management & Mitigation
Financial Reporting & Analysis
Budgeting & Forecasting
Compliance & Regulatory Adherence
Problem-solving
Time management
Team collaboration
Client relationships
MS office
Client requirements assessment
Analytical thinking
Staff management
Team leadership & development
Best practices implementation
Business analysis
Operations analysis
Business planning
Attention to detail
Employee management
Assessments
Personal Information
Available: Immediately
Professional Associations
Institute of Certified Public Accountants of Kenya (ICPAK), Member
Certifications And Awards
- CPAK, 2023
- Internal Audit Training, Michael Joseph, 2021
- Class Representative, 2021
Timeline
Consultant – External Auditor & Financial Consultant
Intellect Illumine Advisory
05.2024 - Current
Bachelor of Commerce (Finance) - undefined
KCA University
01.2023 - 01.2025
Internal Auditor
Progressive Credit Limited
10.2022 - 04.2024
Finance Manager
Omega Risk Management
05.2020 - 09.2022
Auditor
PCEA Wendani Parish
01.2018 - Current
Certified Public Accountant (CPA) -
KCA University
01.2018 - 01.2021
Secondary Education - undefined
Elburgon Secondary School
01.2013 - 01.2015
CISA - undefined
KCA University