Jackline Engefu

Experience

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  Cellucom Group l Aspire Marketing Ltd

  Jan 2007 - Jul 2012

  Chief Accounting Officer

  -Facilitated the company in getting over KES 10m VAT refund from Kenya Revenue Authority in July2009- Was given by Export Processing Zone a clean chit to continue exporting after they audited our books.- Coordinated a successful audit that was used for restructuring of the company.- Accomplished training of Finance head posted from head office to oversee African countries.- Constantly made sure that the organization followed the statutory requirements and Company Act laws- Recognized as the best performing department staff.- Ensured that fixed assets, cash, and inventory were accurately accounted for and reported to encouragereinvestments. Show less

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  Ex.Interswitch East Africa

  Aug 2012 - Dec 2017

  Financial Controller

  - Managed financial planning and budget (with focus on growth) for company.- Designed and implemented a new billing review process to ensure efficiency and accuracy. This facilitated billing and collection of contract revenues on completed jobs, which had never been billed.- Increased monthly cash flow with Ksh.37 per month million by increasing the efficiency of collection ofoutstanding debts.- Transformed supply chain organization from build-to-stock model to a configure-to-order distributionsystem by coordinating best-in-class benchmarking studies and defining best processes, systems,procedures, and practices.- Implemented manuals for internal controls & procedures for transactions and automated generalaccounting operating process controls as part of the reorganization of Finance department.- Successful hedged from foreign exchange exposure making saving against the Dollar.- Managed to institute credit control policies that reduced debt by 48% within six months.- Transitioned all financial operating units into one integrated business unit.- Implemented cost-saving initiatives and productivity tools, including streamlined internal audit procedures which identified millions in annual cost savings and revenue opportunities. Show less

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  Garden City Development and Mi- Vida Homes

  Jan 2018 - Sept 2023

  Group Head of Finance

  Successfully negotiated a Ksh Capital allowance deductions with KRA.- Led preparation of short and long-term strategic and budget planning for Garden CityBusiness Park and at the project closure savings- Funding and capital investment support to get funding from foreign financial institution.-Successfully restructured a local debt financing from dollar to Ksh projected saving on interest and tax .- Implemented a dynamic budgeting process with management team to optimize spending while maintaining targeted IRR and investors TMB within the stipulated period, Transformed financial communication with the stakeholders from half year communication to quarterlycommunication and monthly.- Led financial restructuring of entities to ensure proper tax planning to ensure no unnecessary cash leakage hence achieved 0% penalty, 100% compliance and savings.- Preceded the development of finance, tax and human resource and code of conduct policy and procedures documents.- Established a new financial management system, receivable system, and policy of foreign exchangemanagement between branches, subsidiaries and holding companies.- Automation of financial reporting, budgeting, billing, and accounting. Show less

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  Cold Solutions Kenya Ltd

  Feb 2023 - now

  Group Chief Financial Officer

  - Coordinate development and implementation of Group Strategy.- Development of Cold Storage Logistics business case.- Incorporation of a subsidiary as part of revenue growth perspective.-Responsible for Fund Raising and Capital growth.- Responsible for development and monitoring of Enterprise Risk Management.- Member of EXCO related to finance matters