Peter Mugo Maina CPA-(K), CIFA-(K)

Experience

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  Nexia

  Jan 2009 - Dec 2013

  Coordinating, directing and guiding the operations of the audit departmentGuiding the audit semi seniors and assistants attached to me in preparation of audit programmes and audit working papers in accordance with international auditing standards, documentation of performance through narrative, flowcharts manual and computer generated spread sheetsGuiding the audit seniors and assistants attached to me in preparation and identification of factors causing deficiencies, lapses and non compliance and providing constructive and practical recommendations in audit reportsAssisting the audit managers in preparation of annual operation budgetsLiaising with Managing partners and audit managers on pricing of audit undertakingsReviewing of the audit file to ensure that all areas covered by the scope of the audit have been coveredGuiding the audit seniors and assistants attached to me in preparation of final account after the audit for issue to clients after completion of the audit workAssisting the audit managers in developing and preparation of audit training manuals for training audit staffsGuiding the audit seniors and assistants attached to me in interpretation and proper application of international financial reporting standards (IFRS) Show less o Conducting audit assignments in accordance with internal auditing standardso Facilitating timely audit assignments for the clientso Guiding the audit assistants in planning and budgeting of audit assignmentso Advising audit assistants and other staffs on matters pertaining to audit, tax and financeo Liaising with Managing partners and audit managers on pricing of audit undertakingso File completion and review by checking all areas covered by the scope of the audit, ensuring correct computations and presentation of final accountso Preparation of final account after the audit for issue to clients after completion of the audit worko Reviewing audit assistants work and ensure audit file completiono Carry out VAT audits and advising the client on issues regarding VAT complianceo Computation of tax for clientso Assisting the clients on matters pertaining taxationo Filling of tax returns for clientso Income tax computation and submission of self assessment returns Show less

  • Senior Auditor

    Mar 2011 - Dec 2013

  • Audit Semi Senior

    Jan 2009 - Feb 2011
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  Pan Africa Life Assurance Company (Sanlam Kenya PLC)

  Jan 2014 - Apr 2019

  Senior Accountant

  Life Business , Accountant Reporting & Payroll Controller .Key result areas / Role outputs • Management reporting • Monthly HFM reporting • Analyzing and reporting on premium income monthly. • Managing income recognition on mortgages and maintaining updated schedule of balances. • Monitoring monthly movements of outstanding premiums with explanations thereof. • Administration of sales force (agency) accounts and ensuring proper record is maintained regarding borrowings from the company. • Ensuring accuracy of commission expense reported. • Ensuring that unallocated monies and monies received on account of in-active policies is ring-fenced and movements are explained every month. • Reviewing bank reconciliations on monthly basis. • Capturing of financial records in subsidiaries and review transactions posted by Accounts Assistants • Managing of other receivables • Preparation and submission of returns Show less

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  Citi Hoppa Ltd

  Aug 2017 - Jan 2020

  Finance Consultant, (Financial Reporting, Internal Controls, Design and implementation)

  Duties and responsibilities:Accounting System, Payroll, Financial Systems, Financial Controls and Human Resource Controls. Responsible for the delivery of cost effective and efficient accounting and financial systems, policies and processes that meet the current and future business requirements of the organization.Oversee the External Audit, review and analyze results and recommend for approval the Audited Financial Statements.Preparing the financial section of the annual report. Overseeing the Cash Management control function, including banking relationships. Ensuring the Company is in compliance with all internal policies and relevant regulations and ensures filings are completed in a timely manner. Developing and overseeing the Internal Review function to ensure that finance and operations controls and policies are complied with in the offices. Ensure effective follow up processes are in place. Managing the payroll function ensuring efficient systems, process and controls. Managing the financial system, ensuing maximum productivity and that it meets the needs of the business today and the future. Overseeing the continuous improvement of Accounting and Financial Processes and the development of the team with the goal to achieve best practices and optimal output.Developing and overseeing accounting policies and procedures to meet both current and future business models.Budgeting and Financial ModelingDeveloping and Leading the annual business plan development and budgeting process. Leading the quarterly outlook process. Providing ongoing financial modeling and analysis expertise to business partners. Leading the financial modeling and analysis to support the development of long-term strategic initiatives and business plans.Special Projects as assigned by Directors. Show less

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  Self-employed

  Jan 2020 - Dec 2023

  Finance , Audit & Tax Consultant
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  The Lord Erroll Gourmet Restaurant

  Mar 2023 - now

  Financial Controller

  • Responsible for the financial analysis, reporting, budgeting, forecasting and overseeing budget management: establish and implement budget control and monitoring mechanisms; track expenses vs budget, analyze variances, advise management about possible over/under expenditure and recommend corrective actions • Preparation and management of the hotel's financial accounts, implementing and overseeing all activities relating to the financial aspects of the hotel in compliance with local and accounting regulations as well as the hotel's SOPs. • Responsible for audit and controls; maintaining a strong internal control environment to boost profitability. • In-charge of procurement, logistic and inventory management activities to ensure that materials needed are procured competitively and processed effectively. • Manage the day to day operations of the accounting hotel's department. • Perform coaching and other performance management duties to persons in finance department. Core Skills on the role: Forecasting Budgeting Business Process Improvement IT Audit Internal Controls. Internal Audits Inventory Management. Financial Accounting Show less