Migunda Stephen, ACCA

Migunda Stephen, ACCA

Accountant

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  • Timeline

  • About me

    Audit & Assurance | Business Analysis | Governance | Mental Health First Aider

  • Education

    • LIBF

      2024 - 2024
      Corporate Governance Certification Governance

      Corporate Governance Certification

    • Strathmore University

      -
      Accounting and Finance (ACCA Qualified)

      Activities and Societies: Lawn Tennis Team Association of Chartered Certified Accountants (ACCA) - 2015Advanced Diploma in Accounting and Business - 2013Diploma in Accounting and Business - 2013Merit Scholarship - 2012

    • University of Nairobi

      -
      Bachelor of Science - BS Actuarial Science

      Activities and Societies: Rotaractor at the Rotaract club of the University of Nairobi Finance, Risk Management and Insurance specialization course

  • Experience

    • Centsense CL

      Oct 2015 - Jan 2016
      Accountant

      Data entry and bookkeeping services for multiple VAT registered organisations

    • Nextcity Property Care Ltd

      Jan 2016 - Mar 2017
      Accountant

      Nextcity is one of the leading real estate services companies in Kenya.Roles and Responsibilities• Designed an automated utility billing system that improved efficiency a by over 80%.By forming partnerships with the stakeholders of the company, I commercialized the system that was scaled up to be used by other real estate agencies across Kenya. This is still in operation.• Implemented strategies that improves the company’s liquidity.• Reduced internal operations and improved efficiency using an accounting system. Show less

    • ACCA

      Feb 2016 - Nov 2017
      Brand Ambassador

      Managed to organise and lobby for ACCA Kenya to partner with the University of Nairobi Campus to conduct several career talks that were of mutual benefit to the school and ACCA. As a result of this, ACCA Kenya managed to recruit over 100+ new students from the campus and reached an audience of over 3000 students.

    • STANLIB

      Nov 2017 - Aug 2018
      Project Imarisha - Investments Operations Officer

      STANLIB is a South African asset manager which is a wholly owned subsidiary of JSE-listed Liberty Holdings Limited. As of 2017 STANLIB operated in nine African countries including Kenya, and in key developed markets globally. The Kenya office had approximately $1.2bn assets under managementRole and Achievements:Contracted under ‘Project Imarisha’ an inter-company programme set up by STANLIB Kenya & Uganda businesses aimed to ensure that they turned around their operations to be effective and sustainable within the required governance frameworks of both STANLIB and Liberty Group. Achievements • Prepared East Africa reconciliation dashboard reports for the Africa MANCO (Management committee); • Successfully designed an excel automation tool for performing daily settlement reconciliations and reports. These reduced errors and reduced level of effort from 6hrs to about 5 minutes to generate reconciled reports; • Carried out monthly investment asset reconciliations; • Preparation of the net settlement analysis report and Asset Under Management (AUM) reports; • Preparation of the escalation items report;• Reports to Management Committee Show less

    • PwC Kenya

      Sept 2018 - Sept 2022
      Experienced Senior Associate

      Role and Achievements:• Identified and converted opportunities to additional work for PwC for both audit engagements and non-audit related services;• Only member, below senior manager level, who was part of the PwC Business Unit Strategic Committee that spearheads the achievement of the firm wide goals for each Business Unit in financial year. The committee led to superseding the FY 2020/21 budget of $6 Million; • Developed and maintained good relationships while influencing a diverse range of stakeholders, i.e., multinational clients, finance institutions, implementing partners, government agencies and teams while conducting financial audits, internal controls and corporate governance assessments across multiple countries; • Coordinating, coaching and managing large audit teams in delivering timely and quality projects conducted in multiple countries simultaneously, i.e., Kenya, Uganda, Ethiopia, Djibouti, Tanzania, Malawi, Botswana and Namibia;• Creating business units’ performance dashboards, tracking action points raised and sharing presentations with the firms’ partners before presenting to the firm during meetings.• Active involvement in successful proposal writing, compilation, submission for new clients and additional engagements for existing clients; • Leading a diverse portfolio of audits and assurance engagements ranging from IFRS, IFRS for SMEs, NANA’s, AUPs, Value for Money Audits, Internal Control Assessments, ISA Audits, Micro assessments of organizations and Organizational audits. This involved the processes from planning, execution, coaching, client management, team management, billing and obtaining client feedback; • Maintained high quality deliverables resulting in the firm obtaining new assignments from satisfied clients;• Involvement developing concept notes for new assignments for the firm based on audit recommendations and COVID-19. Show less

    • Oneaccounte

      Jan 2019 - Aug 2022
      Business Analysis Consultant

      Oneaccounte is a software solutions company incorporated in Kenya with a focus on implementing business management solutions projects for entities. The company mainly implements ERPNext and other in house developed software tools, with clients in Kenya and Malawi.Roles and responsibilities included: (30 -35 hrs Per Week)Managed to plan and oversee implementation of business management solutions for medium sized entities with average annual turnover of £60,000 to £2,500,000 and 11 - 50 employees. This entailed processes from need requirements for client, business analysis, solutions design and customization, implementation and handover, and post implementation support. Achievements• Championed the software as a service model for the company, resulting into long term revenue generation for the business;• Client need assessment, Business analysis and Business process mapping;• Managed the team of implementors, i.e., link between client management, technical team, training team, data analysts. Show less

    • PwC Isle of Man

      Sept 2022 - Oct 2023
      Senior Associate
    • Standard Bank Group

      Nov 2023 - now
      Business Manager

      Finance, Governance and Project Management

  • Licenses & Certifications

    • Alteryx: Analytics Automation Platform

      Alteryx
    • Analyzing and Visualizing Data with Microsoft Power BI

      Microsoft
    • Certified on the Internal Controls under the Revised Green Book 2020

      SustainAbility Solutions
      Oct 2021
    • Professinal Level Certification-ACCA

      ACCA
      Dec 2015
    • Advanced Diploma in Accounting and Business

      ACCA
      Jan 2015
    • Certified on the USAID and CDC Financial Management and Compliance 2020 Standards (Revised Yellow Book)

      SustainAbility Solutions
      Sept 2021
    • Diploma in Accounting and Business

      ACCA
      Aug 2013
  • Honors & Awards

    • Awarded to Migunda Stephen, ACCA
      Merit Scholarship to study at Strathmore University Strathmore University Feb 2012 Awarded scholarship to study at Strathmore University on merit
  • Volunteer Experience

    • Mental Health First Aider - Isle of Man UK

      Issued by MHFA England® on Dec 2022
      MHFA England®Associated with Migunda Stephen, ACCA
    • Community Volunteer

      Issued by Rotaract on Mar 2015
      RotaractAssociated with Migunda Stephen, ACCA
    • Member

      Issued by Rotary International on Mar 2018
      Rotary InternationalAssociated with Migunda Stephen, ACCA
    • Financial Education Volunteer

      Issued by Standard Chartered Bank on Sept 2015
      Standard Chartered BankAssociated with Migunda Stephen, ACCA
    • Volunteer Co-ordinator

      Issued by EASIN Volunteer Travel on Jun 2016
      EASIN Volunteer TravelAssociated with Migunda Stephen, ACCA