Fred Obara

Experience

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  Inkamed Pharmaceuticals Ltd

  Jan 2011 - Jan 2015

  Accountant

  • Maintained accurate and up-to-date financial records, including sales, purchases, expenses, and inventory.• Prepared regular financial statements, such as income statements, balance sheets, and cash flow statements.• Monitored actual financial performance against budget and provided variance analysis.• Worked closely with the store manager to track and manage pharmaceutical inventory.• Ensured compliance with local tax regulations and prepare and file relevant tax returns.• Prepared financial documentation and support for external audits.• Monitored and controlled expenses to ensure cost-effectiveness and efficiency.• Managed payroll processing, including calculation of salaries, deductions, and taxes.• Conducted financial analysis to identify trends, opportunities, and areas for improvement.• Monitored cash flow and ensured there was sufficient liquidity for daily operations. Show less

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  Oak Tree Centre for Kidney and Chronical Diseases Ltd

  Jan 2019 - Jan 2022

  Chief Financial Officer

  • Developed and implemented financial strategies in alignment with the organization's overall goals and mission.• Led the budgeting process, working with department heads to establish and manage budgets.• Provided financial forecasts based on industry trends, organizational goals, and economic factors.• Oversaw the preparation of accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.• Identified and assessed financial risks and implement strategies to mitigate them.• Conducted in-depth financial analysis to support decision-making and identify areas for improvement.• Managed the organization's capital structure and funding sources.• Monitored and managed the organization's cash flow to ensure liquidity for day-to-day operations.• Coordinated and oversaw external audits, ensuring compliance with accounting principles and regulations.• Reviewed and negotiated financial terms in contracts with vendors, partners, and service providers.• Managed the organization's banking relationships and optimize treasury functions. Show less

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  MaxCure Hospital Ltd., Kisumu

  Aug 2022 - now

  Finance Manager

  • Develop annual budgets in collaboration with department heads and executive management.• Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.• Monitor and control hospital expenses to ensure they align with budgetary constraints.• Oversee the hospital's revenue cycle, including billing, collections, and accounts receivable.• Conduct financial analysis to identify trends, opportunities, and areas for improvement.• Monitor and manage the hospital's cash flow to ensure sufficient liquidity for daily operations.• Identify opportunities for cost reduction and process improvement.• Develop and enforce financial policies and procedures to ensure compliance with regulatory requirements.• Coordinate and facilitate external audits, ensuring compliance with accounting standards and regulations.• Address audit findings and implement corrective actions.• Review and negotiate financial terms in contracts with vendors and service providers. Show less