Raphael Muchiri Gathoni
FINANCE AND ACCOUNTING
Nairobi
Summary
I am a Committed Accounting professional, with invaluable experience of finance, highly focused with a comprehensive knowledge and understanding of financial management and accounting practices. I possess a consistent track record of successfully delivering full lifecycle to the highest accounting standards, tight time scales and within budget. I am an expert in managing payrolls, statuary deductions, resolving accounting discrepancies and irregularities. Additionally, can also ensure financial records are maintained in compliance with accepted policies and also establish and monitor the implementation and maintenance of accounting control procedures. I am currently looking for an opportunity to further my career within the financial industry.
Overview
3
3
years of professional experience
9
9
years of post-secondary education
Work History
MANAGER -CREDIT CONTROL ( FINANCE ACCOUNTINT & BUDGETING)
Gold Crown Beverages Limited
01.2018
- Utilized analytical skills to recommend the best financial actions for Gold Crown Beverages Limited
- Conducted thorough evaluations of clients' credit status to identify debtors and determine appropriate credit levels
- Updated and continuously improved credit control policies and procedures to ensure the company was operating in line with best practices and industry trends
- Developed and implemented effective admission and discharge transfer procedures that aligned with the company's credit-control policy
- Negotiated repayment plans with clients, successfully managed debtors' accounts, and monitored repayment patterns to implement remedial actions as needed for optimal debt settlement
- Prepared and submitted accurate and detailed periodic cash flow budgets to the finance manager
- Ensured outstanding customer service in the department by managing relationships with key debtors and facilitating efficient debt collection and settlement
- Supervised day-to-day credit management activities in the department to optimize debt collection efforts
- Successfully handled disputed bills with clients, negotiating optimal repayment plans to facilitate debt settlement
- Ensured timely period debtors' accounts reconciliation and dispatch of client statements in accordance with established guidelines
- Responded promptly to internal and external credit control correspondences and queries
- Prepared and reviewed comprehensive daily, monthly, and yearly reports, including management reports, aging analysis, collection reports, written-off reports, disputed reports, and any other ad-hoc reports as required
- Collaborated with the corporate schemes department to develop and review services level agreements and contracts for corporate clients
- Prepared monthly bank reconciliations and monitored the implementation of the departmental budget to ensure proper utilization of resources
- Conducted monthly reviews of debtor balances and reconciliations
- Managed internal issues and ensured timely payment to creditors
- Successfully met daily cash and debtor targets
- Utilized effective communication skills to contact debtors via calls, emails, or letters and notify them of outstanding invoices
- Conducted business operations in compliance with standard policies and regulations
- Maintained accurate records of client accounts and purchasing activities
- Monitored payment history to identify changes in repayment and took necessary actions
- Conducted monthly reconciliation of debtor ledger accounts
- Proffered recommendations and advice on queries regarding accounts receivable
- Commenced legal action against debtors in the event of halted payment
- Propose irrecoverable debts to be written off or employed strategies to recover receivables in cases of debtor bankruptcy
- Oversaw the forwarding of monthly statements to clients to keep them updated on debt collection activities
- Summarized current financial status by collecting information and preparing balance sheets, profit and loss statements, and other reports
- Maintained accounting controls by preparing and recommending policies and procedures
- Reconciled financial discrepancies by collecting and analyzing account information
- Secured financial information by completing database backups
- Maintained financial security by following internal controls
- Prepared payments by verifying documentation and requesting disbursements
- Answered accounting procedure questions by researching and interpreting accounting policy and regulations
- Prepared special financial reports by collecting, analyzing, and summarizing account information and trends
- Guided accounting clerical staff by coordinating activities and answering questions
- Secured financial information by completing database backup
- Develop and implement financial planning and analysis processes to ensure accurate and timely financial forecasting
- Monitor financial performance against budgets and forecasts, identifying and addressing variances and making recommendations for corrective action.
ACCOUNTANT
Gold Crown Beverages Limited
8 2011 - 1 2015
- Documents financial transactions by entering account information
- Prepares monthly statements by collecting data; analysing and investigating variances; summarizing data, information, and trends
- Maintenance of accurate filing and record keeping for Finance Dept
- Managing debtors and ensuring adherence to credit timelines for healthy cash flow
- Forecasting monthly cash inflows based on sales and credit terms to different customers
- Developing the company credit policy and generating debtors aging different customers
- Performing daily sales analysis
- Preparing and processing purchase orders, invoices, cheque requests, manual cheques, and contract payments
- Ensuring purchase orders, received and invoices are matched
- Reviewing and approving purchasing and accounts payable transactions for posting
- Recommending change to purchase and other financial policies and practices.
FINANCE AND BUDGETING OFFICER
Management Systems International Inc
01.2015 - 12.2017
- Ensure compliance with MSI policies and procedures, as well as donor regulations and requirements, in all financial and budgeting matters
- Develop and maintain budgets for all MSI projects and activities in Kenya, in collaboration with program managers and other stakeholders
- Prepare accurate and timely financial reports, including expense reports, balance sheets, and income statements, for all projects and activities
- Monitor expenses and revenue streams to ensure that financial targets are met, and recommend adjustments as needed
- Develop and maintain financial management systems and procedures that meet best practices and donor requirements
- Maintain accurate and complete financial records and ensure that all transactions are properly documented
- Support program managers in monitoring project budgets, forecasting expenditures, and preparing financial reports
- Uphold MSI's commitment to diversity, equity, and inclusion in all aspects of financial and budgeting work
- Work collaboratively with other departments and stakeholders to ensure that financial and budgeting strategies align with programmatic objectives
- Liaise with donors, partners, and stakeholders on financial matters, as needed
- Provide training and capacity building to staff on financial management and budgeting processes
- Ensure that all financial and budgeting processes are transparent, accountable, and auditable
- Support the preparation and submission of donor proposals and reports related to financial and budgeting aspects
- Ensure that all financial and budgeting processes comply with USAID regulations and requirements.
Education
Certified Public Accountant -
Vision Institute of Professional Studies (KASNEB)
01.2010 - 04.2012
Bachelor of Commerce (accounting option) - undefined
Jomo Kenyatta University of Agriculture and Technology
01.2006 - 04.2009
Kenya Certificate of Secondary Education - undefined
Passenga Secondary
01.2001 - 04.2004
Skills
§ Financial Management and Analysis: My expertise lies in effectively managing financial resources and analyzing financial data to make informed decisions that optimize organizational performance and profitability
§ Budgeting and Forecasting: I have a proven track record of developing accurate and comprehensive budgets and forecasts that enable effective resource allocation and strategic planning
§ Accounting Processes and Controls: With a meticulous attention to detail, I ensure that accounting processes are streamlined and adhere to best practices, while implementing robust controls to mitigate risks and maintain financial integrity
§ Asset Management: I possess a keen ability to manage assets efficiently, maximizing their value and contributing to long-term financial sustainability
§ Computer Proficiency: I am proficient in a range of accounting software and Microsoft Office applications, including MS Excel, MS Word, MS Access, and PowerPoint, allowing me to efficiently analyze data and present findings
§ Business Analytics: Leveraging advanced analytical tools and techniques, I interpret complex financial data to identify trends, patterns, and opportunities for improvement, driving informed decision-making at all levels of the organization
§ Presentation Skills: Through my experience presiding over various meetings and presentations, including Gold Crown Beverages' annual AGM ceremony, I have honed my ability to effectively communicate financial information and insights to diverse audiences
§ Financial Reporting: I have a strong command of financial reporting standards and regulations, enabling me to prepare accurate and timely financial statements and reports that provide stakeholders with valuable insights into the organization's financial performance
§ Credit Control:I have extensive experience in credit control, including evaluating clients' credit status, developing and implementing credit control policies, negotiating repayment plans, and optimizing debt collection efforts to ensure healthy cash flow and minimize financial risks
§ Internal Control:Experienced in implementing and maintaining internal control procedures to safeguard assets, mitigate risks, and ensure compliance with organizational policies and regulations
§ Auditing:Experienced in auditing practices and procedures, including risk assessment, testing, and reporting, to ensure the integrity and reliability of financial information and compliance with auditing standards
§ Accounting IT Systems: Familiar with accounting information systems and software, proficient in leveraging technology to streamline accounting processes, enhance data accuracy, and improve efficiency
§ Cost Tracking and Analysis: Experienced in tracking and analyzing costs across various business activities to identify cost-saving opportunities, optimize resource utilization, and improve profitability
§ Creative thinker: Comes up with well thought out proposals to improve accounting procedures for the company
§ Driving Skills: Possess a valid driving licence and a 7-year driving experience
§ Communication Skills: I am proficient, both oral and written, communication in both English and Kiswahili
§ Quick learner: Fast in acquiring and adopting new skills / capabilities
§ Interpersonal Skills : I get along with various kinds of people and able to manage difficult customers
Personal Information
Nationality: Kenyan
References
Upon Request
Timeline
MANAGER -CREDIT CONTROL ( FINANCE ACCOUNTINT & BUDGETING)
Gold Crown Beverages Limited
01.2018
FINANCE AND BUDGETING OFFICER
Management Systems International Inc
01.2015 - 12.2017
Certified Public Accountant -
Vision Institute of Professional Studies (KASNEB)
01.2010 - 04.2012
Bachelor of Commerce (accounting option) - undefined
Jomo Kenyatta University of Agriculture and Technology
01.2006 - 04.2009
Kenya Certificate of Secondary Education - undefined
Passenga Secondary
01.2001 - 04.2004
ACCOUNTANT
Gold Crown Beverages Limited
8 2011 - 1 2015