Simon N.

Simon N.

Finance & Administration Manager

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location of Simon N.Kenya

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  • Timeline

  • About me

    CFO, FMCG Chain

  • Education

    • KASNEB

      -
      CPA(K) Accounting
    • Strathmore University

      -
      B. Comm. Accounting & Finance
    • Kenya School of Revenue Administration (KESRA)

      2022 - 2024
      Master in Tax and Customs Tax Law/Taxation
  • Experience

    • Financial Services Company

      Jan 2004 - Jan 2011
      Finance & Administration Manager

      Oversaw proactive innovation of customer focused products such as vehicles import duty financing;introduced a customers reward system for new business referrals resulting in an average of 50% year on year growth in turnover while minimizing advertising costs; developed and established dynamic credit appraisal procedures (documentation and verification) and management policies leading to minimization of adverse selection and in effect drastic reduction of bad debts; adopted loans restructuring approach towards delinquent accounts, resulting in 60% reduction in recovery costs. Show less

    • Regional ICT & Logistics Company

      Jan 2011 - Jan 2013
      Group Finance Manager

      Optimized utilization of financial resources, FOREX, and investment management; established andmaintained strong relationships with financial institutions, negotiated and optimally employed numerous financing instruments including competitive credit lines, letters of credit, purchase order financing as well as bid and performance bonds, resulting in cash-flow cycle stability

    • Engineering and OHSE Consultancy Firm

      Mar 2011 - Oct 2011
      Finance and Administration Manager

      Successfully implemented a robust, financial management, internal control and reporting system that ensured effective projects budgeting, management, timely billing and revenue collection; drafted a comprehensive human resource manual, detailed job descriptions with measurable KPIs as well as standardized employees contracts in accordance with Kenya’s Employments Act 2007 and comprehensive sub-contractors contracts; spearheaded office space optimization reorganization resulting in doubling of sitting capacity and pre-empting the need to relocate the offices; successfully advertised vacancies and short-listed candidates, participated in interviewing and inducted more than seven employees; coordinated the establishment of staff medical and provident schemes Show less

    • Finance & Tax Consultancy

      Jan 2013 - Jan 2014
      Finance & Tax Consultant

      Assessed and addressed statutory compliance, tax planning and management deficiencies; designed and implemented decision support financial models, dashboard and business intelligence reporting; evaluated and streamlined deficiencies in processes, procedures, controls and systems; analyzed operating records financial information and performance, highlighted trends, issues and concerns and advised on future outlook; assessed the financial implications of implementation of clients’ strategies and associated risks and recommended appropriate course(s) of action; kept clients abreast with industry forces, statutory and regulatory developments and advised on appropriate positioning; advised clients on cost effective gearing, financial planning, investment and management Show less

    • ICT, Financial services & FMCG Group

      Jul 2014 - Jul 2017
      Head of Finance

      Enhanced liquidity, financial stability and profitability through effective financial modelling, prudent cash flow and working capital management, forecasting, planning and budgeting; established efficient accounting, processes, procedures and internal controls leading to improved integrity of financial transactions and reliability of financial reports; reinforced statutory compliance, risk mitigation and management systems.

    • Transport Corporation

      Jul 2017 - Apr 2021

      Provided strategic financial leadership across all areas of the organization with regard to safeguarding the current and future financial position; ensured proper matching of financial assets and liabilities as well as revenues and liquidity needs; established and maintained an appropriate credit control policy leading to improved debts collection and payment of suppliers; provided timely and insightful financial models, forecasts and trend analysis, overseen effective short, medium and long term budgetary planning; developed a reliable cash flow projection process and indicator mechanism for minimum cash threshold to meet operating needs and proactively manage company liabilities; optimized working capital management and generation of cash flow; developed effective tools and systems to provide critical financial and operational information and made actionable recommendations on both strategy and operations; fostered effective financial and internal controls and adherence safeguards and established effective costs management strategies; coordinated all audit activities, ensured comprehensive implementation of resultant recommendations and prompt statutory compliance Show less

      • Finance Manager & Ag. General Manager

        Feb 2020 - Apr 2021
      • Finance Manager

        Jul 2017 - Feb 2020
    • FMCG Chain

      May 2021 - now
      CFO

      Corporate financial strategy coordination, finance personnel and financial IT systems oversight; daily cash position/cash flow/liquidity, working capital, investments and insurance management; monthly, quarterly, periodic, ad-hoc and annual operating and capital budgeting, monitoring, variance analysis and reporting; presiding over the day-to-day accounting, reporting and internal control activities; statutory, regulatory and applicable Accounting Standards compliance enforcement; proactive risk management, continuous liabilities and investments analysis and capital structure evaluation; detailed segmental and consolidated financial performance reporting, forecasting, monitoring and corrective action oversight; credit control and vendor relationships management. Show less

  • Licenses & Certifications

    • MKIM

      Kenya Institute of Management
      Feb 2013
    • CPA(K)

      ICPAK
    • Financial modeling

      Strathmore University
      Jul 2024