PETER MULANDI MUTUKU

Work History

Finance & Administration Manager

Fortis Diagnostic Centre

01.2023 - Current

Achieved 100%Implementation and operationalisation of an Accounting software (Navision)
Oversee the operations of the finance department set goals and objectives, designing and aligning a framework for these to be achieved
Timely preparation and the presentation of management reports for decision making
Prompt reconciliations of cash and bank, debtors and creditors.
Budgeting and review of the budget ,including the analysis of the actual performance: advising the management appropriately.
Financial and Investment advisory
Prudent financial budgeting and cash forecasts
Compliance to regulatory bodies: tax remittances and licensing
Develop trends and projections of the firm’s finances
Collaboration and support to other departments - providing guidance on the financial implications for certain decisions
Support and cooperation with auditors
Setting and adherence to internal controls and processes.

County Cooperative Audit Officer

Kajiado County

06.2021 - 12.2022

Sensitize the public on cooperative movement laws and legislation.
Audit and supervision of cooperative societies in the county
Enforcing compliance with co-operative legislation,
Collect and collate data on co-operatives activities to support government planning.
Report on activities of co-operative societies within their jurisdiction.
Training and advisory on efficient management and book keeping.
Mobilization and registration of new societies, Attend to dispute settlement meeting and advice appropriately.

Finance & Administration Manager

Kenya Co-operative Coffee Exporters

01.2011 - 01.2021

Setting and maintenance of chart of account, checking and verifying journals for posting.
Appraising farmer loan and or advance applications and monitoring to achieve full recovery.
Participation in the tendering and procurement and Expenditure Management Committee,
Participation in staff recruitment, maintenance and updating of staff files, management and accounting for staff leave.
Preparation of monthly payroll ensuring all recoveries from staff are made and statutory deductions remitted on a timely basis,.
Increased financial efficiency by implementing cost-saving measures and streamlining budgetary processes.
Managed financial reporting for accurate decision-making and strategic planning.
Oversaw accounts payable and receivable, ensuring timely processing and accurate recordkeeping.
Developed and maintained financial policies to ensure compliance with regulations and best practices.
Conducted regular audits to identify areas of improvement and maintain a robust control environment.
Streamlined administrative processes by implementing new software solutions, improving overall productivity.
Coordinated with various departments to develop annual budgets, monitoring expenditures throughout the year.
Optimized cash management strategies to maximize available funds for investment opportunities.
Reduced operating expenses through effective vendor negotiations and contract management.
Managed payroll operations, ensuring accurate calculations and timely disbursements for all employees.
Prepared comprehensive financial statements for executive review, highlighting key performance indicators.
Implemented a new expense tracking system to improve transparency and accountability in spending practices.
Spearheaded process improvements in the finance department by developing standardized procedures and documentation templates.
Collaborated closely with external auditors during annual reviews, facilitating a smooth audit process each year.
Enhanced organizational revenue growth by identifying new business opportunities and providing insightful analysis on potential investments.
Drove operational efficiency within the administration team through continuous process improvement initiatives.
Provided exceptional leadership to the finance team, fostering professional development and individual growth among staff members.
Boosted internal controls by conducting risk assessments and implementing appropriate mitigation strategies.
Ensured timely completion of month-end close activities while maintaining strict adherence to accounting standards.
Played an integral role in long-term strategic planning efforts, using financial modeling techniques to project future performance accurately.
Completed clerical and data entry tasks to optimize financial procedures.
Reconciled accounts and investigated variances.
Analyzed budgets, forecasts and current trends to support overall financial operations.
Monitored and compiled data and reports to present to leadership.
Produced reports outlining latest financial information such as expenses, income and outstanding balances.
Complied with established internal controls and policies.
Prepared internal and regulatory financial reports, balance sheets and income statements.
Developed strategic plans for day-to-day financial operations.
Established internal audit procedures to validate and improve accuracy of financial reporting.
Analyzed business processes to identify cost savings and operational efficiencies.
Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Evaluated and negotiated contracts to procure favorable financial terms.
Created financial dashboards to provide insights into key performance indicators.
Organizing and participating in team building and CSR activities

Financial Accountant

Co-operative Bank of Kenya

10.2008 - 04.2011

Cash & Bank reconciliations, management of accounts payable and receivables,
Vet and processed payment vouchers, managing staff Imprest account.
Clearing module management-local & International,
Credit Risk Analysis.
Customer care/relationship, Trainer of Trainees at the branch
Timely reconciliation of internal suspense accounts including Bank cheque, ATM and cash accounts,
Ensured documentation and recording of all transaction and ensuring up-to-date filling system,
Maintenance of proper books of account ensuring that all taxes are recovered and timely tax returns are prepared and forwarded to Tax authority,
Monitored and tracked all departmental costs to ensure accurate tracking and recording noting variations from the budget for management decisions,
Management and overseeing all payments ensuring correctness and that internal control measures and company policies are properly adhered to.
Preparation and submission of accurate, timely and relevant information for management decision making and responding to audit issues.
Adoption of new policies and procedures in accounting in line with the changing accounting standards and Central Bank guidelines.
Preparation and maintenance of fixed asset register and schedules,
Coordinated team-building activities among the staff members, including charity activities, giving to and visiting the less advantaged.

Credit Officer

Co-operative Bank of Kenya

02.2004 - 09.2008

Appraised and vet of Sacco loan applications enrsuring these meet the Sacco by-laws and Cooperative Act
Training Saccos on financial management upon loan disbursement to ensure that bank’s money is put into productive use to guarantee future repayment,
Created and sourced for check-off agreements with key Sacco’s and establishing a long time healthy relationship with them to safeguard the interest of the bank as I help company derive full benefits from the relationship,Research and development of modern efficient credit policies.
Monitoring of loan performance and preparation of loan classification for reporting in compliance to st guidelines.
Institution of loan recovery measures for the non performing loans.
Rescheduling of loans in accordance to the lending policy to safeguard the bank from bad loan portfolio,
Ensured that documentation of all loans is up to date including proper insurance to all loans
Preparation and submission of timely, accurate and relevant information for management decision making and audit purposes,
Earned the branch annual recognition award as the most improved branch in terms of Portfolio at Risk (PAR) to 12% from 43%

Chief Teller

Co-operative bank of Kenya

11.2003 - 01.2004

Finance and administration duties – Kenya Cooperative coffee Exporters
Enhanced customer satisfaction by efficiently managing and resolving account-related issues.
Streamlined teller operations for improved accuracy and efficiency in daily transactions.
Increased branch security by implementing strict cash handling procedures and vault management protocols.
Mentored junior tellers, ensuring their professional growth and development within the team.
Collaborated with bank management to develop new strategies for enhancing customer service experiences.
Reduced wait times for customers by effectively managing teller schedules and optimizing workflow processes.
Maintained high levels of compliance with all federal regulations, minimizing risk for the organization.
Implemented new training programs to improve overall teller performance and reduce errors in transaction processing.
Managed large cash transactions with precision, ensuring accurate accounting and minimal discrepancies during end-of-day reconciliation processes.
Introduced innovative solutions to streamline internal processes, driving operational efficiency across the bank branch.
Served as primary point of contact for escalated customer concerns, utilizing strong problem-solving skills to achieve favorable resolutions.
Conducted regular audits of teller drawers, ensuring adherence to internal controls and regulatory requirements related to cash handling procedures.
Provided exceptional customer service by addressing complex inquiries promptly and professionally while maintaining confidentiality at all times.
Oversaw branch opening and closing procedures daily, consistently maintaining secure environments in accordance with company policies.
Coordinated emergency response plans during unexpected events, ensuring the safety of staff members and customers while minimizing interruptions to banking operations.
Evaluated teller performance through regular reviews and constructive feedback sessions, fostering a culture of continuous improvement within the team.
Recognized and prevented fraudulent activities and suspicious transactions.
Mentored and trained new tellers on bank procedures and customer service standards.
Answered inquiries regarding checking and savings accounts and other related products.
Enforced compliance with bank regulations and policies to reduce financial risks.
Completed highly accurate, high-volume money counts via both manual and machine-driven approaches.
Replenished ATM funds in empty canisters prior to validation process.
Assisted customers with banking needs and inquiries.
Processed wide variety of retail banking transactions for personal and commercial customers.
Cross-sold credit cards, loans and other bank products.
Arranged monies received in cash boxes and coin dispensers according to denomination.
Received loan and utility payments, sending funds to correct destinations.

Summary

Overview

Work History

Finance & Administration Manager

County Cooperative Audit Officer

Finance & Administration Manager

Financial Accountant

Credit Officer

Chief Teller

Education

No Degree - Accounting

MBA - Finance

Bachelor of Commerce - Accounting

Kenya Certificate of Secondary Examination (Kcse) - General Certification

Skills

Membership

Certification

Languages

Timeline

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