Charles Mwangi

Experience

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  TECHPAK INDUSTRIES LIMITED

  Jan 2012 - Jun 2015

  Accountant

  • Making treasury reports on a daily basis, bank and ledger accounts reconciliation.• Ensure the efficient management of company’s bank accounts.• Managing accounts payable function including receiving, verifying, analyzing, posting, reconciling and paying suppliers invoices in line with the company’s policies and closing the ledger on timely basis.• Petty cash posting and reconciliation. Check and verify cash transactions; and also investigate and propose possible resolution for any discrepancies.• Products costing and calculating landed costs for imports as well as analyzing monthly raw materials price changes and the effect to company’s gross profit.• Monitoring stocks movements and doing reconciliations, analyzing monthly actual production and expected production and explain the variances• Ensuring the coordination of the annual statutory audit, year in year out and resolve all possible queries.• Preparation of VAT returns• Raising of credit notes and goods returns• Monthly stock’s valuation in line with the International Financial Reporting Standards (IFRS)• Making monthly sale reports and analysis. Show less

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  Plast Packaging Industries Limited

  Jun 2015 - Dec 2016

  Management Accountant

  • Oversee all financial data capturing activities in the company ledgers to ensure their accuracy, completeness and closing all ledgers on timely basis.• Oversee a continuous general ledger accounts reconciliations and resolving complex accounting discrepancies on timely basis.• Preparation of monthly management reports and quarterly board of directors’ reports and their presentation.• Preparation of annual financial statements and ensuring their accuracy, completeness and conformance to the reporting standards.• Preparation of budgets and forecasts while conducting variance analysis with commentaries showing trends and possible course of actions.• Assisting in ensuring compliance with all tax matters (VAT, ETR, Income tax, withholding taxes) and timely submission of associated returns. • Coordinating the end of the year audit process, attending to audit queries, implementation of audit recommendations, checking the accuracy of the audited financial statements before signing by the directors.• Handling and reconciliation of the inter-company contracts and staff accounts within the organizational structure.• Assisting in treasury management through close monitoring of company’s working capital requirements. Negotiating with banks for optimal exchange rates for settlement of our foreign currency obligations.• Assisting in organizing bank facilities, assets and insurance premium financing and preparing cash flow reporting and forecasts to secure these facilities.• Assisting in planning, coordinating and supervising all the activities within the finance department including recommending staff recruitment, training staff in work procedures, appraisal and allocation of duties. Show less

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  Maxam Limited

  Jan 2017 - May 2018

  Financial Accountant

  •Oversee all financial data capturing activities in the company ledgers to ensure their accuracy, completeness and closing all ledgers on timely basis.•Production of financial reports & management accounts by the 5th of every month•All Products costing and calculating landed costs for imports as well as analyzing monthly price changes and the effect to company’s gross profit.•Oversee a continuous general ledger accounts reconciliations and resolving complex accounting discrepancies on timely basis.•Prepare weekly and Monthly Cash Projections considering our inflows and outflows per the receivables and payables status•Responding to any Audit Queries regarding Cash and bank findings within 5 days.•Sales reconciliation using the Banking’s Approach amongst other methods;Produce a weekly report confirming authenticity and reconciliation of Expected sales by comparing and confirming all banking’s as per bank statements and outstanding debt.•Provide weekly summarized report on the treasury markets and opportunities available for investing surplus cash•Keep record of all the company cash management solutions and ensure that correct interest is earned per the agreement with different financial institutions•Ensure that the Earnings from treasury management achieve the set targets per annum. i.e. 1.5% of annual budget•Fixed Asset Register - in-putting new purchases, custody of register and updating of depreciation•Stock Asset account - Adhoc stock take. Reconcile physical stock in warehouse and vans against financial system•Keep an inventory records for the motor vehicle spare parts and reconcile on monthly basis.•Monitor costs as stipulated in the supplier’s contract.•Check Purchase Orders prepared by the Logistics manager to ensure they are accurate and ensure they are approved by the HOS•Follow up and confirm the process flow of; The LPO, supplier invoice, actual receipt of stocks in the warehouse and system GRNs concurrence. Show less

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  Gamewatchers Safaris & Porini Camps

  Jun 2018 - Feb 2021

  Senior Accountant

  Prepare monthly and quarterly management accounts and other management reports required from time to time.Prepare annual financial statements and manage day to day communication with external auditors during audit.Accurate costing of all materials and projectsMonthly reconciliation of physical books and stocks, investigating any variancesEnsure all cost of sales and other expenses are accurately captured in the system on a timely basis.Assist in preparation of annual budgets.Monitor performance against budget and prepare report on a monthly basis.Ensure monthly reconciliation of all general ledger entries.Assist in management of strategic planning function including monitoring of performance against strategic plansAssist in capital budgeting and project appraisal for all new projects and investmentsPrepare responses to external audit queries and ensure implementation of agreed recommendationsEnsure the company complies with all statutory obligations.Maintenance of accurate assets register Show less

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  Magnate Ventures Ltd

  Mar 2021 - now

  Management Accountant

  Prepare monthly and quarterly management accounts and other management reports required from time to time.Prepare annual financial statements and manage day to day communication with external auditors during audit.Accurate costing of all materials and projectsMonthly reconciliation of physical books and stocks, investigating any variancesEnsure all cost of sales and other expenses are accurately captured in the system on a timely basis.Assist in preparation of annual budgets.Monitor performance against budget and prepare report on a monthly basis.Ensure monthly reconciliation of all general ledger entries.Assist in management of strategic planning function including monitoring of performance against strategic plansAssist in capital budgeting and project appraisal for all new projects and investmentsPrepare responses to external audit queries and ensure implementation of agreed recommendationsEnsure the company complies with all statutory obligations.Maintenance of accurate assets register Show less