Dennis Mutunga

Dennis Mutunga

Accountant

Followers of Dennis Mutunga344 followers
location of Dennis MutungaKenya

Connect with Dennis Mutunga to Send Message

Connect

Connect with Dennis Mutunga to Send Message

Connect
  • Timeline

  • About me

    Chartered Finance Professional: ⏩ Leveraging Financial Expertise to Streamline Tax Processes, Auditing and Accounting Procedures While Driving Cost-savings

  • Education

    • Kenya School of Revenue Administration (KESRA)

      2019 -
      Post Graduate Diploma Tax Administration
    • University of Nairobi

      2010 - 2014
      Bachelor of Arts - BA Mathematics and Economics 2nd Class Honors (Upper Division)

      Activities and Societies: An active member in CU, Mathematics & Accounting Clubs.

  • Experience

    • Machian General Suppliers

      Jan 2014 - Jan 2014
      Accountant

      Key Contributions:◻ Managed bank reconciliations for multiple accounts, ensuring 100% accurate and timely reconciliation of transactions, resulting in improved financial reporting accuracy.◻ Led the preparation and monitoring of budgets, effectively aligning financial goals with organizational objectives and providing valuable insights for decision-making.◻ Demonstrated expertise in tax compliance by accurately and promptly filing returns, ensuring adherence to all regulatory requirements and minimizing penalties.◻ Proactively managed receivables, implementing effective credit control measures that reduced outstanding balances by 15% and improved cash flow.◻ Developed and implemented standardized procedures for receivables management, resulting in a 20% reduction in overdue payments and improved collection efficiency.◻ Collaborated with cross-functional teams of up to 10+ employees to analyze financial data, identifying cost-saving opportunities and recommending strategies for optimizing revenue generation.◻ Streamlined and automated receivables tracking and reporting processes, reducing manual efforts by 30% and enhancing overall efficiency in financial operations. Show less

    • Werk

      Jul 2017 - Mar 2018
      Accountant

      Key Contributions:◻ Reviewed and filed monthly returns (VAT and other statutory deductions) with 100% accuracy, ensuring compliance with regulatory requirements and avoiding penalties.◻Computed withholding taxes and issued certificates for a portfolio of 50+ clients, maintaining a 99% accuracy rate in tax calculations.◻ Reconciled ledger bank accounts and provided audit schedules, resulting in the timely resolution of reconciling items, with an average turnaround time of 3 days.◻ Monitored accounts payables and receivables, resulting in an average prompt payment rate of 95% and improved cash flow management.◻ Prepared and posted in the accounting system, maintaining accurate financial records and supporting seamless month-end closing procedures.◻ Processed 100+ purchase requisitions monthly, ensuring timely procurement and minimizing delays, resulting in an average lead time reduction of 15%.◻ Conducted detailed accounts analysis and reconciliation of 10+ balance sheet accounts, resolving discrepancies and maintaining financial statement accuracy with a 99% reconciliation rate.◻ Maintained fixed assets register with 500+ assets, accurately calculating quarterly and annual depreciation charges, resulting in 100% compliance with accounting standards. Show less

    • MGK Consulting

      Oct 2020 - Jan 2022
      Tax Associate

      Key Contributions:◻ Resolved tax audits, investigations, and appeals, resulting in a total reduction of client tax liabilities by over 50% through skillful negotiation and payment plans.◻ Provided expert tax opinions on direct and indirect taxation, delivering opinions that optimized tax efficiency and mitigated risks for clients across various industries.◻ Conducted in-depth tax research for 100+ business transactions, providing strategic advice that minimized tax implications and saved clients potential tax liabilities.◻ Achieved 100% accuracy in payroll and VAT filings after conducting meticulous reviews for 200+ clients, ensuring compliance and avoiding penalties.◻ Conducted tax due diligence and tax health check engagements, providing clients with valuable insights into their tax positions and cross-border tax obligations, mitigating potential risks and ensuring compliance.◻ Successfully resolved 95% of client tax issues by proactively engaging revenue authorities, maintaining strong relationships and minimizing disruptions for clients.◻ Oversaw and supervised a field team of 10+ professionals, ensuring the delivery of high-quality work on 30+ audits, transfer pricing, tax compliance, and due diligence projects.◻ Developed and delivered comprehensive tax training sessions to staff members enhancing their understanding and compliance with tax regulations. Show less

    • Crowe KE COR LLP

      Feb 2022 - Dec 2022
      Senior Tax Associate

      Key Contributions:◻ Conducted extensive research and analysis on tax issues related to business transactions and financing techniques, providing strategic insights that optimized tax efficiency and minimized potential liabilities.◻ Developed and implemented tax strategies that resulted in significant cost savings and increased profitability for a diverse range of entities and their affiliates.◻ Provided expert advice on complex tax legislations, ensuring clients' compliance and mitigating risks associated with tax regulations.◻ Collaborated with businesses and individuals to create tailored tax strategies, enabling them to proactively navigate the industry landscape and prepare for future tax implications.◻ Offered comprehensive tax advice to subsidiaries and departments, guiding them on tax legislation and facilitating compliance within the organization.◻ Advised on employee incentivization schemes, optimizing tax benefits and ensuring compliance with relevant regulations.◻ Provided strategic tax guidance on various corporate transactions, agreements, contracts, procurement, partnerships, acquisitions, and the use of tax-efficient structures, enhancing deal structures and maximizing tax benefits, including the use of partnership and co-ownership structures.◻ Expertly managed cross-border tax matters, addressing complexities and minimizing tax risks associated with international transactions.◻ Developed and delivered tax alerts and conducted staff trainings on tax regulations, ensuring organizational-wide understanding and compliance. Show less

    • EY

      Jan 2023 - now
      Tax Advisor

      Key Contributions:◻ Delivered expert advice to 50+ clients on customs and global trade matters, delivering strategic solutions that optimized their international business operations and minimized risks.◻ Optimized filing processes for statutory returns hence reducing time taken in the retrieval of financial documents by 30%.◻ Drafted award winning proposals for customs and global trade projects, resulting in successful project acquisitions and increased revenue opportunities.◻ Played a key role in the implementation, improvement, and development of technical projects related to customs and global trade, ensuring effective project execution and delivering innovative solutions to clients.◻ Coordinated and conducted client trainings, developing comprehensive training materials and managing logistics, resulting in enhanced client understanding and compliance with customs and global trade regulations.◻ Authored articles to disseminate valuable information to clients, keeping them informed about changes in the customs and global trade landscape and equipping them with the knowledge to adapt to regulatory updates.◻ Leveraged valuation and tariff classification knowledge to unlock value for clients, particularly in customs controversy resolution, leading to successful outcomes and cost savings.◻ Developed and nurtured long-term client relationships and networks, consistently delivering high-quality service and generating innovative ideas for additional work opportunities. Show less

  • Licenses & Certifications

    • Certified Public Accountant (CPA) I, II, III (Sec 1-6)

      Kasneb
      Feb 2015