ROBERT ONCHIRI

NAIROBI KENYA

ad3xnr@r.postjobfree.com / +254-***-***-***, 073*-***-***

CAREER PROFILE SUMMARY

I am a highly skilled and accomplished professional with a wealth of experience in senior accounting and credit management roles. Throughout my career, I have honed my expertise in effectively managing financial operations and mitigating credit risk to drive organizational success. With a deep understanding of accounting principles and regulations, I have consistently demonstrated my ability to navigate complex financial landscapes and ensure compliance with industry standards. I possess a keen eye for detail and a strong analytical mindset, allowing me to accurately interpret financial data and make informed decisions.

In my role as a senior accountant, I have successfully overseen financial operations, including the preparation and analysis of financial statements such as balance sheets, income statements, and cash flow statements. I have developed and monitored budgets, providing accurate financial forecasts and meticulously analyzing variances between actual and projected financial results. By leveraging my expertise in financial analysis, I have been able to identify trends and patterns, providing recommendations for improving financial performance and driving sustainable growth.

In credit management, I have established myself as a trusted authority in assessing creditworthiness and managing credit risks. Through comprehensive evaluations of customer credit applications, I have made informed decisions on credit limits and terms, allowing for efficient and profitable credit management. By closely monitoring customer payment behavior, analyzing credit reports, and implementing robust risk mitigation strategies, I have effectively minimized delinquencies and credit losses while maximizing cash flow.

One of my key strengths lies in my ability to develop and implement credit policies and procedures that ensure consistent and effective credit management practices within an organization. I have also excelled in collaborating with cross-functional teams, including sales, finance, and legal departments. I have demonstrated exceptional leadership skills, successfully supervising and mentoring junior staff. I have guided on complex accounting issues and credit-related matters, ensuring accuracy and adherence to best practices.

Overall, I am a results-oriented and driven professional committed to optimizing financial performance, minimizing credit losses, and driving growth within organizations. With a proven track record of delivering accurate and timely financial information, I am dedicated to making strategic financial decisions that support the achievement of organizational goals.

KEY SKILLS AND COMPETENCIES

Financial Analysis: Proficient in conducting comprehensive financial analysis, including ratio analysis, trend analysis, and variance analysis, to assess the financial health and performance of the organization. Skilled in interpreting financial data and providing insights to support decision-making.

Accounting Principles and Regulations: In-depth expertise in accounting principles, standards, and regulations (such as Generally Accepted Accounting Principles, International Financial Reporting Standards, and local tax laws). Ability to ensure compliance and accurately apply accounting principles in financial reporting and analysis.

Credit Evaluation and Management: Expertise in assessing the creditworthiness of customers, evaluating credit applications, and determining credit limits and terms. Skilled in managing credit risks, monitoring customer payment behavior, and implementing strategies to minimize delinquencies and credit losses.

Financial Reporting and Statement Analysis: Proficient in preparing and analyzing financial statements, including balance sheets, income statements, and cash flow statements. Ability to identify trends, anomalies, and areas for improvement through detailed statement analysis.

Budgeting and Forecasting: Experienced in developing and managing budgets, providing financial forecasts, and analyzing variances between actual and projected financial results. Skilled in creating accurate financial projections to support strategic decision-making.

Internal Controls and Compliance: Strong understanding of internal control frameworks and the ability to implement effective controls to safeguard company assets, prevent fraud, and ensure compliance with accounting standards and policies. Knowledgeable about compliance requirements related to financial operations, tax regulations, and credit management.

Risk Management: Ability to identify financial risks, assess their potential impact on the organization, and develop strategies to mitigate risks. Skilled in implementing risk management frameworks and evaluating risk-reward trade-offs.

Communication and Collaboration: Excellent communication and interpersonal skills, enabling effective collaboration with cross-functional teams, senior management, auditors, and external stakeholders. Ability to convey complex financial information clearly and concisely.

Leadership and Team Management: Strong leadership skills, including the ability to motivate and guide teams, provide mentorship, and foster a positive work environment. Experience in supervising and developing junior accounting and credit management staff.

Problem Solving and Decision Making: Demonstrated ability to analyze complex financial issues, identify solutions, and make informed decisions. Skilled in prioritizing tasks, managing competing priorities, and adapting to changing business needs.

Technology and Analytical Tools: Proficiency in utilizing financial software, accounting systems, and analytical tools (such as Excel, ERP systems, and data visualization software) to streamline processes, analyze data, and generate accurate financial reports.

Adaptability and Continuous Learning: Ability to thrive in fast-paced environments, adapt to changing circumstances, and quickly learn and apply new concepts and technologies. Proactive in staying updated with industry trends, regulatory changes, and best practices in accounting and credit management.

WORK EXPERIENCE

Senior Accountant / Credit Manager & Acting HR Since 2020/ JAYS PYROTECHNICS 11/2019-Current

Senior Accountant roles

Preparing and analyzing financial statements, including balance sheets, income statements, and cash flow statements.

Developing and monitoring budgets, providing financial forecasts, and analyzing variances between actual and projected financial results.

Conducting in-depth financial analysis, identifying trends, and providing recommendations for improving financial performance and ensuring compliance with tax laws and regulations, preparing and filing tax returns, and providing guidance on tax planning strategies.

Coordinating and assisting with external audits, providing necessary documentation and explanations, and addressing audit findings.

Developing and implementing internal controls to safeguard company assets, prevent fraud, and ensure compliance with policies and procedures.

Identifying financial risks, assessing their potential impact, developing strategies to mitigate risks, supervising and mentoring junior accounting staff, providing guidance on complex accounting issues, and reviewing their work for accuracy.

Preparing financial statements monthly, quarterly, and at the end of the financial year, preparing company payroll, paying staff salaries and statutory payments, preparing and submitting VAT returns, and withholding taxes

Preparing assets, liability, and capital account entries by compiling and analyzing financial information keeping inventory records, and liaising with banks, customers, government agencies, etc

Supervising the documenting of financial transactions by ensuring that requisite accounting information is entered and maintaining accounting controls by preparing and recommending internal control systems

Credit Manager roles

Setting up sound credit policy to effectively control and lead quickly to runaway collection periods and costs plus bad debts and hence cash flow problems and responsible for monthly accounts closing and preparation of monthly management accounts

Evaluating the creditworthiness of customers, reviewing credit applications, and making informed decisions on credit limits and terms.

Assessing and managing credit risks by monitoring customer payment behavior, analyzing credit reports, and implementing risk mitigation strategies.

Developing and updating credit policies and procedures to ensure consistent and effective credit management practices.

Overseeing the collections process, communicating with customers regarding overdue payments, and implementing collection strategies to minimize delinquencies.

Building and maintaining relationships with customers, addressing their credit-related inquiries, and negotiating payment arrangements when necessary.

Generating credit reports, analyzing credit data, and providing insights and recommendations to senior management for credit-related decision-making.

Ensuring compliance with applicable laws and regulations, including fair credit reporting and debt collection practices.

Acting HR roles

Managing the recruitment and selection process. This includes developing job descriptions, advertising vacant positions, screening resumes, conducting interviews, and making recommendations for hiring decisions.

Facilitating the onboarding process for new employees, ensuring that they have the necessary paperwork, understanding company policies, and access to relevant resources, and conducting orientation sessions to familiarize new employees with the organization's culture and values.

Handling employee relations matters, including addressing employee concerns, conflicts, and grievances serving as a point of contact for employees, and guiding company policies, employment laws, and conflict resolution strategies.

Assisting in managing employee performance by coordinating performance reviews, providing feedback to employees and managers, supporting the implementation of performance improvement plans, and assisting in setting performance goals and objectives.

Helping to identify training and development needs within the organization and coordinate or deliver training programs to enhance employees' skills and knowledge and managing employee development plans and track progress.

Assisting in managing employee compensation and benefits programs. This includes updating and maintaining employee records, administering payroll, managing employee benefits enrollment, and ensuring compliance with relevant laws and regulations.

Contributing to the development and implementation of HR policies and procedures ensuring that policies are communicated effectively to employees and providing guidance on policy interpretation and compliance.

Playing a role in fostering employee engagement and retention coordinating employee engagement initiatives, conducting employee satisfaction surveys, and developing strategies to improve employee morale and retention rates.

Senior Accountant / Credit Manager / NEW JOGOO ROAD HARDWARE LTD 07/2016 - 10/2019

Senior Accountant roles

Prepared and analyzed financial statements, including balance sheets, income statements, and cash flow statements.

Developed and monitored budgets, provided financial forecasts, and analyzed variances between actual and projected financial results.

Conducted in-depth financial analysis, identified trends, and provided recommendations for improving financial performance.

Ensured compliance with tax laws and regulations, prepared and filed tax returns, and guided tax planning strategies.

Coordinated and assisted with external audits, provided necessary documentation and explanations, and addressed audit findings.

Developed and implemented internal controls to safeguard company assets, prevent fraud, and ensure compliance with policies and procedures.

Identified financial risks, assessed their potential impact, and developed strategies to mitigate risks.

Supervised and mentored junior accounting staff, guided on complex accounting issues and reviewed their work for accuracy.

Prepared financial statements monthly, quarterly, and at the end of the financial year, set up sound credit policy to effectively control and lead quickly to runaway collection periods and costs plus bad debts and hence cash flow problems

Handled monthly analysis of customer accounts to improve cash flow situations and determination of credit ratings, prepared cash flow projections relating to credit terms, and evaluated customers every quarter to improve effective decision-making

Prepared monthly budgets, was responsible for monthly accounts closing and preparation of monthly management accounts and ensured that effective internal controls were in place and ensured compliance

Responsible for the preparation and review of quarterly company financial statements.

Credit Manager roles

Evaluated the creditworthiness of customers, reviewed credit applications, and made informed decisions on credit limits and terms.

Assessed and managed credit risks by monitoring customer payment behavior, analyzing credit reports, and implementing risk mitigation strategies.

Developed and updated credit policies and procedures to ensure consistent and effective credit management practices.

Oversaw the collections process, communicated with customers regarding overdue payments, and implemented collection strategies to minimize delinquencies.

Built and maintained relationships with customers, addressed their credit-related inquiries and negotiated payment arrangements when necessary.

Generated credit reports, analyzed credit data, and provided insights and recommendations to senior management for credit-related decision-making.

Ensured compliance with applicable laws and regulations, including fair credit reporting and debt collection practices.

Collaborated with sales teams, finance departments, and legal counsel to resolve credit-related issues and implemented strategies for revenue growth and risk mitigation.

Senior Accountant / Administrator / YUSUF ABDULGANI AND RELATED COMPANIES, NAIROBI AND MOMBASA, KENYA 01/2014 - 06/2016

Handled regularly updating the management regarding the financial status of the company, directed and oversaw all aspects of the finance function of company operations, and managed the accounts department by overseeing all the accounts payables and receivables

Prepared financial statements monthly, quarterly, and at the end of the financial year and represented the finance department weekly at the board of directors meetings

Checked and verified all recorded transactions in the accounting system and reporting variances for correction and ensured cash flows were adequate for the proper running of the business operations

Ensured all documents required from suppliers were received and in conformity with tax authorities, prepared the management accounts & final accounts for audit yearly, recommended and maintained a system of policies and procedures that imposed an adequate internal control systems

Processed payments and ensured that each payment presented had valid supporting documents to be paid and ensured all bills due were paid in time to avoid penalties and disconnections

Provided direction during stock take to ensure proper revenue reporting and prepared on an annual basis of long-range forecast plans for the group operations.

Managed and oversaw the financial operations of Yusuf Abdulgani and Related Companies, including financial reporting and analysis

Prepared and analyzed financial statements, such as balance sheets, income statements, and cash flow statements.

Developed and monitored budgets, provided financial forecasts, and analyzed variances to support financial decision-making.

Ensured compliance with Kenyan tax laws and regulations, prepared and filed tax returns, and guided on tax-related matters.

Coordinated and facilitated external audits, prepared necessary documentation and addressed audit findings.

Implemented and maintained internal controls to safeguard company assets, prevent fraud, and ensure compliance with policies and procedures.

Managed accounts payable and accounts receivable processes, including invoicing, payment processing, and collections.

OTHER PAST EXPERIENCES

Accountant / Inventory Manager/RAFIKI BUSINESS PARK LIMITED AND RELATED COMPANIES, NAIROBI, KENYA01 2006 - 12/2013

Provided direction to stocks audit by checking and confirming physical stocks versus stocks as recorded in the system and updated financial databases promptly to ensure that information will be accurate and immediately available when required

Checked and reviewed all ledgers for revenue and payments and ensured that all statutory deductions were accurate and paid for on time

Accountant / RAFIKI BUSINESS PARK LIMITED AND RELATED COMPANIES, NAIROBI, KENYA 05/2001 - 12/2005

Reconciled customer and supplier accounts and prepared the company payroll and respective staffs keeping staff records and handled daily confirmation of stock reports, daily confirmation of purchase invoices, and posting in sage accounting and assisted in reviewing expenses

Posted and processed journal entries to ensure all business transactions were recorded and any other duties assigned from time to time.

Accountant / ALPHA KNITS LIMITED, NAIROBI, KENYA 01/1997 - 04/2001

Wrote and maintained company cash books and did bank reconciliations weekly, recalculated and checked bank interest charged by the bank on the bank overdraft, during the period I discovered that kshs.70m had been overcharged the overcharge was refunded

Did supplier reconciliation and prepared supplier's payments posted data entries in the computer-systematic Accord and prepared final accounts for review by the Financial Controller.

Assistant Accountant / MERIDIAN COURT HOTEL, NAIROBI, KENYA 09/1994 - 12/1996

Wrote cash books, bank reconciliation, prepared company payroll, wrote payment vouchers and cheques, received and accounted for petty cash vouchers

Received supplier invoices and recorded the same, kept and maintained store records.

EDUCATION AND TRAINING

Accountancy from the Association of Chartered Certified Accountants, (ACCA) II 12/2005

Kenya college Accountancy

(MBA) in Finance and attained second class 12/1994

Goa University India

Bachelor of Commerce (Advanced Accounting & Auditing) and attained second class 12/1992

Marathwada University in India

Nyansiongo High School, (KACE) 12/1988

Additional Courses

ACCA Level II

A Diploma for Computer Management for Commercial Applications- Areas covered Basic programming, Pascal programming, Lotus 123 and base programming, and accounting software such as Systematic and Systematic Accord.

A certificate course in Microsoft Excel and Word

A certificate course in Sage line 50, Quick books, and Tally Office solutions.

CERTIFICATIONS

01/02/2023, Robert Onchiri, Day/Month/Year

REFERENCES

Christopher Amis Siambe, Certified Public Accountant, PeteMac & Associates, P.O. Box 36903 - 00200, Nairobi, Kenya, +254-***-***-***, ad3xnr@r.postjobfree.com

Mark G. Omare, Senior Auditor, Kenya National Audit Office, P.O. Box 30084 –00100, Nairobi, Kenya, +254-***-***-***, ad3xnr@r.postjobfree.com

D. Moses Samuel, General Manager, Crown Paints Plc-, P.O. Box 788**-*****, Nairobi, Kenya, +254-***-***-***, ad3xnr@r.postjobfree.com

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