Raphael Muchiri
Nairobi
Summary
I am a dedicated and highly skilled Accounting and Finance professional with over a decade of experience in financial management, data analysis, and credit control. Holding a Bachelor of Commerce in Accounting and a Certified Public Accountant qualification, I possess extensive expertise in managing accounts, cost accounting, statutory deductions, resolving accounting discrepancies, and ensuring compliance with financial policies and regulations. My proficiency in financial analysis, budgeting, and forecasting has consistently contributed to optimizing organizational performance and profitability. I excel in using accounting software (ERPs) and MS Office applications to analyze complex financial data and generate insightful reports. My strong attention to detail and robust analytical skills enable me to implement effective internal controls, safeguard assets, reduce risks, cut costs, and ensure accurate financial record-keeping. In addition to my technical skills, I am adept at managing debtors, developing credit policies, and overseeing cash flow. My collaborative approach, excellent communication skills, and commitment to ethical standards make me an invaluable asset in any finance team. I am passionate about leveraging my expertise to drive financial integrity and strategic decision-making within an organization.
Overview
13
13
years of professional experience
Work History
MANAGER - CREDIT CONTROL, COST ACCOUNTING & FINANCIAL MANAGEMENT
Gold Crown Beverages Limited
Nairobi
2018.01 - Current
- Implemented updated credit control policies and procedures, leading to a 15% reduction in outstanding debts within the first year
- Negotiated favorable repayment plans with key clients, achieving a 20% increase in debt recovery rates
- Streamlined debt collection processes, resulting in a 25% improvement in cash flow and a 30-day reduction in average collection periods
- Developed and implemented a comprehensive debtor reconciliation process, reducing reconciliation errors by 90%
- Led the successful integration of ERP Microsoft Dynamics with KRA e-TIMS, ensuring seamless operations and full compliance with tax regulations
- Prepared and presented detailed financial reports, including management reports and aging analysis, enhancing transparency and decision-making accuracy
- Managed month-end and year-end financial closing processes with 100% accuracy, ensuring compliance with regulatory standards
- Implemented procurement strategies that reduced purchasing costs by 15% while maintaining quality standards
- Improved inventory management practices, leading to a 20% reduction in excess inventory costs
- Provided leadership and guidance to the accounting team, enhancing productivity and teamwork
- Developed and implemented robust financial policies and procedures that improved financial governance and internal controls
- Conducted market visits and built rapport with customers, contributing to increased sales and improved relationships with key clients.
FINANCE AND BUDGETING OFFICER
Management Systems International Inc
2015.01 - 2017.12
- Ensured compliance with MSI policies and procedures, as well as donor regulations and requirements, in all financial and budgeting matters
- Developed and maintained budgets for all MSI projects and activities in Kenya, in collaboration with program managers and other stakeholders
- Prepared accurate and timely financial reports, including expense reports, balance sheets, and income statements, for all projects and activities
- Monitored expenses and revenue streams to ensure that financial targets are met, and recommended adjustments as needed
- Developed and maintained financial management systems and procedures that meet best practices and donor requirements
- Maintained accurate and complete financial records and ensure that all transactions are properly documented
- Supported program managers in monitoring project budgets, forecasting expenditures, and preparing financial reports
- Upheld MSI's commitment to diversity, equity, and inclusion in all aspects of financial and budgeting work
- Worked collaboratively with other departments and stakeholders to ensure that financial and budgeting strategies align with programmatic objectives
- Liaised with donors, partners, and stakeholders on financial matters, as needed
- Provided training and capacity building to staff on financial management and budgeting processes.
ACCOUNTANT
Gold Crown Beverages Limited
Nairobi
2011.08 - 2015.01
- Ensured timely and accurate month-end and year-end closing processes
- Prepared journal entries, accruals, and reconciled balance sheet accounts (AP, AR, intercompany, prepaid) monthly with detailed documentation
- Prepared and analyzed profit and loss statements to ensure financial integrity and compliance
- Documented financial transactions accurately using accounting systems
- Maintained comprehensive filing and record-keeping systems
- Processed payments in adherence to organizational policies
- Reconciled bank accounts and monitored cash flow based on sales and credit terms
- Issued invoices promptly and managed outstanding payments
- Actively participated in budget preparation and forecasting
- Produced budget versus actual reports to facilitate decision-making
- Ensured adherence to procurement policies and donor regulations
- Implemented processes to maintain procurement compliance and efficiency
- Supported audit processes by preparing documentation and addressing auditor queries
- Implemented policies and procedures to strengthen financial controls
- Resolved financial queries from internal teams, third parties, and stakeholders
- Ensured compliance with donor reporting requirements and regulatory standards
- Trained finance and program teams on financial processes and systems.
Education
Certified Public Accountant, Part 1-3, section 1-6, CPAK -
Vision Institute of Professional Studies (KASNEB)
Nairobi07.2011
Bachelor of Commerce Accounting And Business Management -
Jomo Kenyatta University of Agriculture And Technology
Nairobi07.2009
High School - KCSE -
Passenga Secondary High School
Nyandarua05.2004
Skills
- Financial Management and Analysis
- Budgeting and Forecasting
- Accounting Processes and Controls
- Asset Management
- Computer Proficiency
- Business Analytics
- Presentation Skills
- Financial Reporting
- Credit Control
- Internal Control
- Auditing
- Accounting IT Systems
- Cost Tracking and Analysis
- Creative thinker
- Driving Skills
- Communication Skills
- Quick learner
- Interpersonal Skills
- Data Analysis
Personal Information
- Title: FINANCE AND ACCOUNTING
- Nationality: Kenyan
References
- Purity Murage, Finance Manager, Gold Crown Beverages k ltd, murimipurity@gmail.com, +254724486963
- Muiruri Kariri, Senior Finance Officer, Management Systems International Inc, muirurikariri@gmail.com, +254710643708
- Joseph Wangombe, Chief Accountant, ICPAK, joeombe88@gmail.com, +254727937833
Timeline
MANAGER - CREDIT CONTROL, COST ACCOUNTING & FINANCIAL MANAGEMENT
Gold Crown Beverages Limited
2018.01 - Current
FINANCE AND BUDGETING OFFICER
Management Systems International Inc
2015.01 - 2017.12
ACCOUNTANT
Gold Crown Beverages Limited
2011.08 - 2015.01
Certified Public Accountant, Part 1-3, section 1-6, CPAK -
Vision Institute of Professional Studies (KASNEB)
Bachelor of Commerce Accounting And Business Management -
Jomo Kenyatta University of Agriculture And Technology
High School - KCSE -
Passenga Secondary High School
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