Paul Mureithi
ACCOUNTANT
NAIROBI
Summary
Certified Public Accountant (CPA) with eight years of experience, specializing in accounts receivable, accounts payables, and payroll accounting. Expertise includes utilizing SAP ERP and Microsoft Dynamics Navision ERP systems to ensure precise financial reporting. The career objective is to continue excelling in financial management roles, leveraging skills to optimize processes and contribute to organizational growth.
Overview
10
10
years of professional experience
Work History
ACCOUNTANT-PAYROLL & STAFF PAYABLES
KENYA RAILWAYS
1 2021 - Current
- Processing monthly payroll and staff payments for over three thousand (3,000) employees accurately, resulting in timely employee remuneration.
- Implementing a streamlined payroll journaling process, correcting posting errors, and ensuring 100% accurate financial reporting.
- Ensuring 100% compliance with statutory deductions by deducting, remitting & filing NHIF, NSSF, NITA, AHL & PAYE.
- Developing comprehensive deduction schedules (payroll by-products) resulting in 100% remittance to payroll creditors.
- Conducting monthly reconciliation of staff creditor & payroll creditor accounts, identifying and resolving discrepancies, resulting in a 90% reduction in outstanding balances.
- Processing of project casual laborers' payments & staff travel allowances accurately and efficiently, resulting in a 100% increase in staff satisfaction with reimbursement processes.
- Implementing a system for timely adjustments to staff pay, reducing payroll correction time, and ensuring 100% accurate salary payments.
- Generating monthly variance reports that identify cost-saving opportunities, resulting in a reduction in unnecessary expenses.
- Processing of final dues for departing staff, ensuring compliance with company policies and labor & tax regulations, resulting in timely processing of payments.
- Ensuring accurate and timely processing of tax obligations, reducing the risk of penalties and fines by the Tax Authorities by 100%.
REGIONAL ACCOUNTANT-REVENUE
KENYA RAILWAYS
2014.01 - 2021.02
- Updated and maintained accurate customer records for customer database of more than five thousand(5,000) customer accounts, resulting in reduction in billing errors & bad debts.
- Resolved debtor account inquiries within five working days, improving customer satisfaction by 75%.
- Contributed to reducing outstanding debts by 60% through effective debt management strategies.
- Managed petty cash imprest with 100% accuracy, resulting in zero discrepancies in petty cash transactions.
- Reconciled customer statements accurately and on time each month, reducing statement discrepancies
- Prepared fiscal customer invoices promptly, resulting in a decrease in billing cycle time.
- Produced monthly revenue reports that provided insights into regional performance, contributing to an increase in revenue collection.
- Created customer accounts for incoming customers and closed customers' accounts of departing customers resulting in an accurate customer account database.
Education
Certified Public Accountant -
Kenya Accountants and Secretaries Examination Board (KASNEB)
Bachelor of Commerce (Finance Option) - undefined
Kenya College of Accountancy University (KCAU)
Skills
Account Reconciliation: Experienced in reconciling customer & vendor accounts and general ledgers/Trial Balance reconciliations.
Account Management: Adept at billing, preparation of payment vouchers, payment allocation, Vendor account clearing & Preparation of bank files.
Credit control & Debt management: Ability to establish policies in debt management & utilize payment plans to avoid bad debts.
Payroll accounting & administration: Managing and processing employee earnings and deductions in adherence to tax policies, record keeping, documentation, and timely payroll processing.
Business Development: Experienced in conducting business quality checks, and supporting, maintaining, and growing business contacts with both existing and potential clients.
Communication & People skills: Ability to relate well with everyone confidently and professionally ensuring that I appeal to what moves them and capable of good interaction with clients, supervisors, and colleagues.
ICT Competence: Proficient in using the MS suite, Navision ERP system & SAP ERP system.
Websites
Accomplishments
- SAP ERP project implementation change champion having trained fellow team members on the SAP Finance and Payroll modules, resulting in 100% implementation of the SAP ERP system.
- Orchestrated the migration of Trial balance and 48 staff costs GL accounts to the SAP ERP system, critical to achieving precise financial reporting and ensuring data integrity for strategic decision-making.
- Successfully implemented the automation of the billing and payment processes in the Navision ERP system which facilitated an increase in revenue collection by 30%.
- Successfully led a team in Asset tagging and customer card automation for the Relocation Management Unit (REMU)PAP (project affected persons) project 2017-2018 which led to an increase in revenue collection by 10% through the creation of five thousand customer accounts.
- Facilitated a policy paper on Credit Control & Debt Management with a positive result in a 60% reduction in bad debts.
- Kenya Railways culture change champion having successfully coordinated the annual Kenya Railways Day as a Technical Coordinator, resulting in employee general wellbeing.
References
- Mr. Geoffrey Munywoki, ASSISTANT FINANCE MANAGER, KENYA RAILWAYS, +254 720 241599, gmunywoki@krc.co.ke
- Mr. Peter Nderitu Kamakia, ACCOUNTS MANAGER, KENYA RAILWAYS, +254 721 518674, pkamakia@krc.co.ke
- Mrs. Jemimah Matu, GENERAL MANAGER FINANCE, KENYA RAILWAYS, +254 723 240496, jmatu@krc.co.ke
Timeline
REGIONAL ACCOUNTANT-REVENUE
KENYA RAILWAYS
2014.01 - 2021.02
ACCOUNTANT-PAYROLL & STAFF PAYABLES
KENYA RAILWAYS
1 2021 - Current
Certified Public Accountant -
Kenya Accountants and Secretaries Examination Board (KASNEB)
Bachelor of Commerce (Finance Option) - undefined
Kenya College of Accountancy University (KCAU)
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