Timothy Gakuya

Experience

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  Tribe car hire services limited

  Jun 2019 - Nov 2020

  Fresh from school, I embarked on my professional journey with Tribe Car Hire Services, where I had the opportunity to dive into the practical world of accounting as an intern. This role shaped my understanding of the financial landscape as I gained hands-on experience supporting various departments, including procurement, operations, and accounting. My contributions were integral to the smooth operation of the business, from processing vouchers and cheques to handling M-Pesa payments.In this role, I played a key part in managing both accounts payable and receivable, reconciling petty cash accounts, and preparing bank reconciliations. I was responsible for maintaining and filing all accounting documents, processing payroll, and ensuring that tax returns were computed and filed accurately. These responsibilities enabled me to develop a well-rounded skill set and gain valuable insights into financial management and compliance.Assisting across departments, running bank errands, and handling third-party transactions allowed me to deepen my understanding of cross-functional business operations, fostering a practical approach to problem-solving. This experience not only enhanced my technical skills but also instilled a strong foundation in accounting and business operations, setting the stage for my future growth in the finance industry. Show less

  • Accounts/ Tax assistant

    Jan 2020 - Nov 2020

  • Accounts intern

    Jun 2019 - Dec 2019
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  United Textile Industries (k) LTD

  Dec 2020 - Feb 2022

  Part-Time Accountant

  As the lead accountant at United Textile Industries (K) Ltd, I spearheaded the financial operations, driving efficiency and compliance across all accounting processes. My leadership was pivotal in optimizing the company's financial management, ensuring seamless coordination between accounts payable and receivable, and implementing robust tax filing systems to comply with KRA regulations.I introduced streamlined monthly and year-end closing procedures, providing management with accurate and timely financial reports that enhanced decision-making. My attention to detail in managing payroll, preparing statutory payments, and resolving bank discrepancies ensured operational efficiency. By leveraging Tally ERP and meticulous documentation practices, I successfully guided the accounting team through rigorous audits, achieving full compliance and reducing discrepancies.My role at United Textile Industries went beyond traditional accounting, reflecting my passion for operational excellence and delivering comprehensive financial solutions. Show less

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  254 Brewing Co

  Feb 2022 - Mar 2023

  Accounting Bookkeeper

  During my tenure at 254 Brewing, I had the privilege of serving as the accounting Bookkeeper, overseeing financial operations with a keen focus on excellence. My primary responsibility was managing accounts receivables, where I successfully reduced debt and ensured compliance with company policies and credit limits.Beyond that, I played a pivotal role in elevating the company's financial infrastructure. Implementing a meticulous documentation system, I organized and maintained records to streamline auditing processes, fostering transparency and accuracy.In addition to my core accounting responsibilities, I took charge of managing a diverse portfolio of over 60 customers, implementing effective strategies that led to a substantial reduction in accounts receivable debt. This not only showcased my financial acumen but also highlighted my ability to navigate the complexities of diverse client relationships.Furthermore, I spearheaded improvements in monthly reporting, providing management with timely and precise financial information crucial for strategic decision-making. Upholding compliance with Kenya Revenue Authority (KRA) regulations, I ensured adherence to tax laws, mitigating the risk of penalties.Embracing technological advancements, I optimized the use of ZOHO Books online accounting system, enhancing efficiency and accuracy in our bookkeeping processes.My journey at 254 Brewing extended beyond traditional accounting roles, reflecting my versatility and commitment to achieving comprehensive financial excellence. I am enthusiastic about connecting with industry professionals to further contribute to the dynamic field of accounting and finance. Show less

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  Bandari Beauty

  Mar 2023 - Nov 2024

  Finance Officer

  As a Finance Officer at Bandari Beauty, I manage a wide range of financial responsibilities, ensuring the company’s financial health and compliance with internal policies and statutory regulations. I lead the finance team and collaborate with multiple departments, providing critical support in budgeting, forecasting, and reporting. My role involves delivering monthly management reports, analyzing sales and expenditures, and identifying opportunities for cost savings and revenue improvements.I oversee cash flow management, ensuring short-term funding needs are met while managing M-Pesa tills and bank accounts. I also play a key role in profitability management by handling product costing, pricing, capital expenditure planning, inventory control, debtors’ and creditors’ management, and OPEX optimization.One of my key contributions has been leading the preparation of the annual budget and conducting monthly variance reviews to ensure alignment with business goals. I have streamlined payment cycles and reduced transaction costs through better vendor engagement and a focus on cost-effective cash management. Additionally, I ensure that the company meets all statutory requirements and have driven the implementation of financial systems that strengthen internal controls.As a finance business partner across departments, I work closely with operations and sales teams to ensure financial accountability and improve decision-making processes. My goal is to contribute to the company's financial sustainability while maintaining operational efficiency and profitability. Show less