Stephen Wagacha , C.P.A.

Stephen Wagacha , C.P.A.

Management Information Systems Clerk

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  • Timeline

  • About me

    Head of Finance || Strategic Planning, Governance and Compliance | Team Leadership | Financial Analysis | Budgeting and Forecasting | Risk Management |

  • Education

    • KASNEB

      2007 - 2011
      Certified Public Accountant [C.P.A] Accounting
    • Strathmore University

      2023 - 2025
      Master of Science - MSC Development Finance
    • Strathmore University

      2012 - 2014
      Bachelor of Commerce - BCom Finance and Accounting
  • Experience

    • S.I.S.D.O (Oxfam)

      Jan 2007 - Mar 2007
      Management Information Systems Clerk
    • Abba Bata Stockists

      Apr 2007 - Jun 2008
      Retail Outlet Manager
    • Africa International University

      Apr 2009 - Mar 2014
      Accountant

      Duties and Responsibilities include;•Financial management i.e. Budget, budget monitoring, variance analysis.•General accounting functions .i.e. Verifying posting of payments, ensuring accuracy of paying documents•Generating monthly financial reports for the management board i.e. Income and expenditure, Cash flow reports, Aged analysis.•Monthly payroll processing, oversee pay slip disbursements and complete accounting .i.e. PAYE, NSSF, NHF, HELB, Monthly deductions and Casual’s payments.•Ensure proper tax compilations and returns to the government.•Monitoring the accuracy of the accounting ledgers and correcting any errors thereof to ensure completeness and accuracy of the books.•Generate a weekly treasury report in order of priority and specific institutional targets.•Liaison with the banks relationship officers on account corrections, renewal of financing facilities and foreign exchange negotiations.•In charge of the institutions electronic banking software.•Verify all payments and disbursements.•Accounting data safety i.e. back-up and data integrity.•Supervisory role of the Accounts section. Show less

    • Rainmaker Ltd

      Apr 2014 - May 2016
      Finance and Admin Officer

      Finance and AdministrationMy responsibilities included ensuring that all income is received promptly. In charge of the authorization of financial transactions. managed bank relationships, cash flow, and foreign currency transfers, and handled asset management and monthly bank reconciliations. Prepared monthly payroll, ensuring all statutory deductions were processed correctly. Generated accurate financial reports, including quarterly cash-flow reports and annual accounts. Additionally, I coordinated annual budget preparation and worked closely with auditors.Human Resource AdministrationI managed staff contracts and oversaw HR transitions efficiently. I ensured proper management of casual and temporary workers and prepared monthly management reports on staffing changes. I also facilitated staff travel logistics and handled permit requirements. Show less

    • Twiga Foods

      Sept 2016 - Mar 2019
      Senior Accountant

      My responsibilities included, overseeing day to day finance and accounting operations . Monthly financial reporting and assessing financial health. Internal controls, risk management and monitoring mechanisms. Participate in business planning, budgets and forecasts. Track and compile reports on resource usage at a project level basis.Setting up and training on use of mobile money transfer platforms. Developing Accounting and Finance procedures manual. Overseeing a team of five accountants & engaging the finance department by managing team morale and team performance. Show less

    • Glosec - Global Security, Solar Energy and Mechanical & Electrical Solutions

      Apr 2019 - Jan 2023
      Financial Controller

      In this organization, I led teams and provided finance and accounting guidance, linking departments to finance as a support unit. I offered top management sound financial advice to promote growth and stability. I ensured my teams adhered to best accounting practices, focusing on personal development and career growth through financial stewardship coaching. I was directly involved in management accounting and reporting for three subsidiaries based in Kenya and operating across East Africa reporting to the Global office in Israel.Additionally, I oversaw the implementation of internal controls, accurate tax management, and served as a liaison between external parties such as banks, auditors, and investors. Show less

    • InspiraFarms Cooling

      Nov 2022 - now
      Head of Finance

      My mandate includes financial planning and management, implementing sustainable financial practices in line with accepted standards. Fostering capacity building and team growth. I also focus on governance and compliance, as well as tax compliance, budgeting, forecasting, fraud and risk, reporting, conducting sensitivity and scenario analysis.My role is multi-jurisdictional covering UK, Italy and Kenya

  • Licenses & Certifications

    • Certified Fraud Examiner (C.F.E)

      Association of Certified Fraud Examiners (ACFE)
    • Certified Public Accountant (CPA)

      ICPAK (Institute of Certified Public Accountants of Kenya)