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Group Chief Financial Officer at Bonfide Group
Patrick Wesonga
,
Nairobi, Kenya
Experience
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Patrick is an experienced finance executive with proven record of establishing cross-functional partnerships to deliver stellar results. Agile, strategic thinker with deep commercial understanding of business and driving business operations in areas of finance, procurement, logistics and human resources. Result-oriented, good communicator and excellent team leader with high integrity and honesty. Member of the Institute of Certified Public Accountants of Kenya (ICPAK) with over 17 years of post-qualification experience. Accountable for multi-million-dollar budgets and resource allocations to achieve operational and strategic objectives of companies. Proven ability to develop, reorganize, streamline and strengthen management teams in start-ups, high growth and mature companies, vast experience in the cross-border tax and statutory compliance matters with focus on East, West and Southern Africa Regions. Has 5 years' experience in telecommunication & mobile money industry, over 8 years in supply chain, 4 years in education management and 1 year in agri-business industries. Particularly adept at creating strategic alliances with organization leaders, suppliers, customers, investors and other key stakeholders, leading large and regional staff productively and to effectively align and support key business initiatives and goals. Experience in leading large finance teams in multiple countries.
Markets
United States
United Kingdom
Denmark
Norway
Sweden
Links for more
Once you have created a company account and a job, you can access the profiles links.
Language
English
Fluently
Ready for
Larger project
Ongoing relation / part-time
Full time contractor
Available
My experience
2017 - ?
job
Group Chief Financial Officer
Bonfide Group LTD.
Reports to: Group CEO and Board of Directors.
Staff: Leading over 22 staff.
Bonfide Group is a global logistics company with focus in transport, sea freight and airfreight agency services and includes Bonfide Construction Company, a subsidiary that offers construction services in road construction, real estate with focus in housing and other civil works.
Overall Responsibility.
Provides operational and strategic leadership of finance, procurement, IT and Human Resource functions of the group with focus in driving business turnaround and growth plans.
• Oversee long term financial management, budgetary planning, cost management, systems, processes and controls in alignment with group's strategic plan.
• Responsible for day to day finance, Human Resources, IT and procurement operations.
• Key player in implementing business strategic plans for achieving long term goals.
• Leading business performance, pricing and decision support management.
• Leading group long rage business planning and budgeting process for all entities.
• Oversight role in managing end to end finance operations.
• Tax planning and management to minimize exposure.
• Business risk management and tracking mitigants.
• Leading project financial management for roads, residential housing, energy etc.
• Leading business process improvement and revenue management.
• Custodian of all business and internal control processes, procedures and systems
• Managing key stakeholder relationships including, Board, Group Executives and directors, banks, suppliers, customers, lawyers and government agencies/institutions.
• Oversight role in staff management and talent development.
• A key advisor to the GCEO and Board on matters relating to business emerging issues, business trends, risks and changes in the operating model or environment for strategic alignment and risk management.
• Overall management of administration matters including security, facility management, insurance, health and safety compliance issues and other statutory requirements.
• Supporting organization revenue model and growth plans.
• A strong business support partner to heads of departments and executive as a lead advisor on group financial matters.
• Custodian of company IT systems and drive system optimization.
Staff: Leading over 22 staff.
Bonfide Group is a global logistics company with focus in transport, sea freight and airfreight agency services and includes Bonfide Construction Company, a subsidiary that offers construction services in road construction, real estate with focus in housing and other civil works.
Overall Responsibility.
Provides operational and strategic leadership of finance, procurement, IT and Human Resource functions of the group with focus in driving business turnaround and growth plans.
• Oversee long term financial management, budgetary planning, cost management, systems, processes and controls in alignment with group's strategic plan.
• Responsible for day to day finance, Human Resources, IT and procurement operations.
• Key player in implementing business strategic plans for achieving long term goals.
• Leading business performance, pricing and decision support management.
• Leading group long rage business planning and budgeting process for all entities.
• Oversight role in managing end to end finance operations.
• Tax planning and management to minimize exposure.
• Business risk management and tracking mitigants.
• Leading project financial management for roads, residential housing, energy etc.
• Leading business process improvement and revenue management.
• Custodian of all business and internal control processes, procedures and systems
• Managing key stakeholder relationships including, Board, Group Executives and directors, banks, suppliers, customers, lawyers and government agencies/institutions.
• Oversight role in staff management and talent development.
• A key advisor to the GCEO and Board on matters relating to business emerging issues, business trends, risks and changes in the operating model or environment for strategic alignment and risk management.
• Overall management of administration matters including security, facility management, insurance, health and safety compliance issues and other statutory requirements.
• Supporting organization revenue model and growth plans.
• A strong business support partner to heads of departments and executive as a lead advisor on group financial matters.
• Custodian of company IT systems and drive system optimization.
Support, Processes, Energy, Energy, Safety, Facility management, Insurance, Health, Development, Ceo, Chief financial officer, Growth, Administration, Turnaround, Finance, Security, Compliance, It, Procurement, Human Resources, Leadership, Risk Management, Management
2014 - 2017
job
Regional Finance Head - Africa
GEMS Africa Ltd.
Kenya
Reports: Regional CEO- Africa and GEMS Global Finance Director
Direct Reports: 5 Staff
GEMS Africa is a part of GEMS Education LTD, a leading global education company with its headquarters in Dubai, UAE providing K-1 to K12 education for over 50,000 students worldwide.
Key Responsibilities.
• Leading in formulation of finance strategic and operational objectives and development of key business performance metrics.
• Undertakes all the necessary activities for meeting the funding requirement for projects being undertaken by GEMS, including existing school projects and new schools and Corporate Office.
• Working with other senior management team, liaising with banks, financial institutions, PE funds, rating agencies and other stakeholders in the financial community to ensure timely availability of financing for projects at the most competitive terms.
• Provides decision support analysis for both existing and new projects across Africa.
• Leading in formulation of 5 to 10 years business plans in line with groups strategic plan.
• Maintenance of Risk and Opportunity schedules for businesses across region and follow up on risk mitigants.
• Formulation and Implementation of Group Policies and Procedures in accordance with International Financial Reporting Standards (IFRS)
• Overseeing annual budgeting and quarterly forecasting process.
• Formulate budgets for all schools and other business units and report variances.
• Consolidate and monitor the actual performance versus budgets on a monthly basis to ensure the effective utilization of the budget. Prepare management reports to guide management in making informed decisions.
• Guide and direct the financial accounting function for all GEMS Africa units in order to ensure the timely preparation of the monthly management accounts and annual financial statements of all units and consolidate them for the Group.
• Supervising the implementation of ERP Systems at business units to ensure effective utilization of the new software and recommending necessary changes
• Lead external & internal audit management and all regional taxation, legal and compliance matters.
• Cash & treasury management for all GEMS Business Units in the Region.
Key Achievements
• Successfully set up finance and procurement functions at Country level.
• Re-organization and realignment of finance function to company regional structure.
• Reduction of receivables default rate from 50% to just under 5%.
• Achievement of company compliance status in tax, legal and regulatory requirements.
• Establish key cost saving initiatives to achieve target EBITDA.
• Developed key finance processes to enhance internal controls both financial and operational.
• Established robust reporting and forecasting model.
Reports: Regional CEO- Africa and GEMS Global Finance Director
Direct Reports: 5 Staff
GEMS Africa is a part of GEMS Education LTD, a leading global education company with its headquarters in Dubai, UAE providing K-1 to K12 education for over 50,000 students worldwide.
Key Responsibilities.
• Leading in formulation of finance strategic and operational objectives and development of key business performance metrics.
• Undertakes all the necessary activities for meeting the funding requirement for projects being undertaken by GEMS, including existing school projects and new schools and Corporate Office.
• Working with other senior management team, liaising with banks, financial institutions, PE funds, rating agencies and other stakeholders in the financial community to ensure timely availability of financing for projects at the most competitive terms.
• Provides decision support analysis for both existing and new projects across Africa.
• Leading in formulation of 5 to 10 years business plans in line with groups strategic plan.
• Maintenance of Risk and Opportunity schedules for businesses across region and follow up on risk mitigants.
• Formulation and Implementation of Group Policies and Procedures in accordance with International Financial Reporting Standards (IFRS)
• Overseeing annual budgeting and quarterly forecasting process.
• Formulate budgets for all schools and other business units and report variances.
• Consolidate and monitor the actual performance versus budgets on a monthly basis to ensure the effective utilization of the budget. Prepare management reports to guide management in making informed decisions.
• Guide and direct the financial accounting function for all GEMS Africa units in order to ensure the timely preparation of the monthly management accounts and annual financial statements of all units and consolidate them for the Group.
• Supervising the implementation of ERP Systems at business units to ensure effective utilization of the new software and recommending necessary changes
• Lead external & internal audit management and all regional taxation, legal and compliance matters.
• Cash & treasury management for all GEMS Business Units in the Region.
Key Achievements
• Successfully set up finance and procurement functions at Country level.
• Re-organization and realignment of finance function to company regional structure.
• Reduction of receivables default rate from 50% to just under 5%.
• Achievement of company compliance status in tax, legal and regulatory requirements.
• Establish key cost saving initiatives to achieve target EBITDA.
• Developed key finance processes to enhance internal controls both financial and operational.
• Established robust reporting and forecasting model.
Audit, Formulation, UP, Processes, Guide, Treasury, Regulatory, Audit, Community, Office, International, Software, Management, Implementation, Development, Ceo, Support, Finance, Compliance, Budget, Procurement, Forecasting, ERP
2013 - 2014
job
Financial Controller
Industrial Promotion Services Kenya Ltd- Frigoken.
Reporting to Company CEO & Group CFO - Industrial Promotion Services Kenya Ltd
An agribusiness company with over 45,000 small scale farmers owned and managed by IPS Kenya Ltd as part of Aga Khan Fund for Economic Development, an agency for Aga Khan Development Network- AKDN.
PRIMARY RESPONSIBILITIES:
• Day to day management of finance department as a service centre.
• Oversight role of IT and Procurement functions.
• Provide strategic financial planning and guidance to the management and the Board on accounting matters.
• Direct and supervise the functions of the accounting department including stores and warehouse management.
• Monitoring and managing the company budget against actuals as effective cost management tool
• Manage company financial performance through key performance metrics
• Co-ordination of the Company's accounting and finance functions.
• Taking leadership in preparation of the budgets and financial performance board papers.
• Cash flow planning and other treasury management services.
• Coordination of end year audits with external auditors.
• Ensuring timely submissions of statutory returns to the regulatory authorities.
• Setting up internal controls and periodic reviews of the same.
• Preparation and analysis of financial reports including the annual statutory accounts.
• Monitoring of the costing and management accounting functions including budgets and periodic forecasts.
• Ensuring compliance by use of appropriate accounting systems, processes and procedures.
• Design, develop, implement and maintain the Company's accounting information systems.
• Oversee the stores management and inventory control including monitoring ordering, receiving and issues of supplies in the Company.
• Monitoring banks balances.
• Ensure proper maintenance of the accounting records.
• Plan and ensure efficient use of the Company's finances.
• Analyze the financial position of the Company and advise the General Manager appropriately.
• Oversee the development and supporting of IT systems, and effective databank and backup systems, IT security, IT policies & procedures and systems analysis.
• Formulation of accounting policies to ensure proper utilization of Company financial resources.
An agribusiness company with over 45,000 small scale farmers owned and managed by IPS Kenya Ltd as part of Aga Khan Fund for Economic Development, an agency for Aga Khan Development Network- AKDN.
PRIMARY RESPONSIBILITIES:
• Day to day management of finance department as a service centre.
• Oversight role of IT and Procurement functions.
• Provide strategic financial planning and guidance to the management and the Board on accounting matters.
• Direct and supervise the functions of the accounting department including stores and warehouse management.
• Monitoring and managing the company budget against actuals as effective cost management tool
• Manage company financial performance through key performance metrics
• Co-ordination of the Company's accounting and finance functions.
• Taking leadership in preparation of the budgets and financial performance board papers.
• Cash flow planning and other treasury management services.
• Coordination of end year audits with external auditors.
• Ensuring timely submissions of statutory returns to the regulatory authorities.
• Setting up internal controls and periodic reviews of the same.
• Preparation and analysis of financial reports including the annual statutory accounts.
• Monitoring of the costing and management accounting functions including budgets and periodic forecasts.
• Ensuring compliance by use of appropriate accounting systems, processes and procedures.
• Design, develop, implement and maintain the Company's accounting information systems.
• Oversee the stores management and inventory control including monitoring ordering, receiving and issues of supplies in the Company.
• Monitoring banks balances.
• Ensure proper maintenance of the accounting records.
• Plan and ensure efficient use of the Company's finances.
• Analyze the financial position of the Company and advise the General Manager appropriately.
• Oversee the development and supporting of IT systems, and effective databank and backup systems, IT security, IT policies & procedures and systems analysis.
• Formulation of accounting policies to ensure proper utilization of Company financial resources.
CFO, Manager, Formulation, UP, Processes, Treasury, Regulatory, Costing, Monitoring, Backup, Development, Ceo, Design, Finance, Security, Compliance, Budget, Service, It, Network, Procurement, Leadership, Management
2011 - 2013
job
Senior Finance Manager
Bridge International Academies Ltd.
November 2011 - October 2013
Reporting To: Director, Finance & Administration
Bridge International Academies Ltd - a Startup US Company offering education support services, currently operating over 200 academies with over 50,000 students in Kenya in low income areas and over 2800 both teaching and non-teaching staff with plans to expand across Africa and Asia. - Nairobi Kenya
• Member of the Company Senior Management Team.
• Responsible for finance function set up.
• Leader of finance operations support function.
• Managing Company administration support function
• Management of company facilities and security services
• Board Pack preparation for Company Board Meetings.
• Facilitate achievement of financial and operations performance targets.
• Financial Results presentation to Company Executive Team.
• Leading in the formulation, implementation and monitoring of finance strategies, policies and processes to meet business requirements.
• Lead co-ordination of both external audits and investor information reporting requirements.
• Lead in the implementation of financial audit recommendations.
• Ensuring that business and financial controls are strongly respected in the company.
• Overseeing monthly financial reporting, analysis and reporting on key performance metrics.
• Leading Budgeting and Cost Management and budgetary allocation to departments
• Leading in financial and billing system changes in line with business model
• Aligning finance function with business model.
• Handling all financial requirements for a set of key operating and support departments.
• Leading the development, implementation and improvement of accounting and financial systems through design of tools, procedures and manuals that ensure ability of the finance function to cope with scale as the business expands.
• Finance projects management and other continuous improvement projects and initiatives within finance and the company
• Oversight role over procurement, warehousing and administration functions
• Training of finance and non-finance staff, capacity building and development of finance team for current and future challenges.
• Developing and maintaining information system for summarized inputs on regional economic parameters and business model performance metrics
• Deputize the Director of Finance and Administration.
Key Achievements
• Successful building and re-organization of finance function.
• Successful implementation of budgetary process for cost control and management
• Setting up of Navision system -ERP financial system.
• Successful negotiation of short-term and medium-term funding with key financing partners, OPIC, CDC and IFC.
• Successful participation in fund raising activities with Major Venture Capital firms.
• Undertaken major cost saving initiatives and improvement plans.
• Successful establishment of key finance processes and procedures for start-up Company.
Reporting To: Director, Finance & Administration
Bridge International Academies Ltd - a Startup US Company offering education support services, currently operating over 200 academies with over 50,000 students in Kenya in low income areas and over 2800 both teaching and non-teaching staff with plans to expand across Africa and Asia. - Nairobi Kenya
• Member of the Company Senior Management Team.
• Responsible for finance function set up.
• Leader of finance operations support function.
• Managing Company administration support function
• Management of company facilities and security services
• Board Pack preparation for Company Board Meetings.
• Facilitate achievement of financial and operations performance targets.
• Financial Results presentation to Company Executive Team.
• Leading in the formulation, implementation and monitoring of finance strategies, policies and processes to meet business requirements.
• Lead co-ordination of both external audits and investor information reporting requirements.
• Lead in the implementation of financial audit recommendations.
• Ensuring that business and financial controls are strongly respected in the company.
• Overseeing monthly financial reporting, analysis and reporting on key performance metrics.
• Leading Budgeting and Cost Management and budgetary allocation to departments
• Leading in financial and billing system changes in line with business model
• Aligning finance function with business model.
• Handling all financial requirements for a set of key operating and support departments.
• Leading the development, implementation and improvement of accounting and financial systems through design of tools, procedures and manuals that ensure ability of the finance function to cope with scale as the business expands.
• Finance projects management and other continuous improvement projects and initiatives within finance and the company
• Oversight role over procurement, warehousing and administration functions
• Training of finance and non-finance staff, capacity building and development of finance team for current and future challenges.
• Developing and maintaining information system for summarized inputs on regional economic parameters and business model performance metrics
• Deputize the Director of Finance and Administration.
Key Achievements
• Successful building and re-organization of finance function.
• Successful implementation of budgetary process for cost control and management
• Setting up of Navision system -ERP financial system.
• Successful negotiation of short-term and medium-term funding with key financing partners, OPIC, CDC and IFC.
• Successful participation in fund raising activities with Major Venture Capital firms.
• Undertaken major cost saving initiatives and improvement plans.
• Successful establishment of key finance processes and procedures for start-up Company.
Support, Asia, Manager, Formulation, UP, Processes, Audit, Monitoring, International, Implementation, Audit, Development, Design, Navision, Continuous improvement, Finance, Teaching, Security, Procurement, ERP, Management, Training, Administration
2010 - 2011
job
Country Finance & Administration Manager
DHL Supply Chain.
Tanzania: Leading global supply chain and logistics provider specializing in Warehousing, Transport & Logistics Company.
Reporting: Finance Director - Central Africa & Country Managing Director- Tanzania, Dar Salaam - Tanzania
• First point of contact for all country financial and business strategy matters for Country Managing Director
• Financial performance management through tracking of key financial performance metrics like DSO, DPO, EBIT and Free Cash Flow
• Co-ordinate the preparation of monthly financial reports.
• Managing overall finance operations
• Manage in-country budgets, 5+7, 8+4 and 10+2 latest estimates
• Payroll Management
• In-country Carbon credit reporting
• Prepare Country Pack for presentation to the Country and Regional Executives.
• GAP Closure Analysis Reports against Latest Estimates, Budgets and Integrated Business Plans.
• Product and Industry performance analysis
• Management of Country Budgeting & Forecasting process.
• Management of Integrated Business Plans- IBP
• Treasury, Receivables and Accounts payables management.
• Prepare/co-ordinate financial analysis, budgets and forecasts for the country.
• Lead the country improvement project plans - IPP
• Setting country index savings plan - ISP
• Management of country fixed assets
• Monitor and reporting of project savings plan
• Responsible for country procurement, human resource and administration functions.
• Responsible for country management and statutory reporting.
• Responsible for country taxation matters
• Management of country business unit/contract budgets and financial forecasts.
• Ensure effective operational and financial controls are adequate in the business.
• Ensure adequacy of systems and procedures are in place
• Lead the team to achieve key financial performance KPIs.
• Ensure compliance with statutory and group policies.
• Manage general office administration matters
• People training and development
Key Achievements
• Achievement of positive free cash flows and other performance metrics
• Setting up of procurement function
• Initiated corporate social responsibility program.
• Consistency in timely production of management reports.
• Established strong relationship with customers
• Helped to expand customer base through acquisition of new customers.
• Established strong financial controls, processes and procedures.
• Clean TRA tax audit and obtained Tax compliance certificate
Reporting: Finance Director - Central Africa & Country Managing Director- Tanzania, Dar Salaam - Tanzania
• First point of contact for all country financial and business strategy matters for Country Managing Director
• Financial performance management through tracking of key financial performance metrics like DSO, DPO, EBIT and Free Cash Flow
• Co-ordinate the preparation of monthly financial reports.
• Managing overall finance operations
• Manage in-country budgets, 5+7, 8+4 and 10+2 latest estimates
• Payroll Management
• In-country Carbon credit reporting
• Prepare Country Pack for presentation to the Country and Regional Executives.
• GAP Closure Analysis Reports against Latest Estimates, Budgets and Integrated Business Plans.
• Product and Industry performance analysis
• Management of Country Budgeting & Forecasting process.
• Management of Integrated Business Plans- IBP
• Treasury, Receivables and Accounts payables management.
• Prepare/co-ordinate financial analysis, budgets and forecasts for the country.
• Lead the country improvement project plans - IPP
• Setting country index savings plan - ISP
• Management of country fixed assets
• Monitor and reporting of project savings plan
• Responsible for country procurement, human resource and administration functions.
• Responsible for country management and statutory reporting.
• Responsible for country taxation matters
• Management of country business unit/contract budgets and financial forecasts.
• Ensure effective operational and financial controls are adequate in the business.
• Ensure adequacy of systems and procedures are in place
• Lead the team to achieve key financial performance KPIs.
• Ensure compliance with statutory and group policies.
• Manage general office administration matters
• People training and development
Key Achievements
• Achievement of positive free cash flows and other performance metrics
• Setting up of procurement function
• Initiated corporate social responsibility program.
• Consistency in timely production of management reports.
• Established strong relationship with customers
• Helped to expand customer base through acquisition of new customers.
• Established strong financial controls, processes and procedures.
• Clean TRA tax audit and obtained Tax compliance certificate
Audit, Social, Ipp, Manager, UP, Processes, Treasury, Production, DPO, Audit, Office, Business strategy, Development, Finance, Compliance, Procurement, Forecasting, Management, Performance Management, Training, Administration
2005 - 2010
job
Treasury Operations Manager
Safaricom Limited.
Safaricom is one of the leading integrated communications companies in Africa with over 17 million subscribers. Safaricom provides a comprehensive range of services under one roof: mobile and fixed voice as well as data services on a variety of platforms.
Treasury Operations
• Overall responsibility of setting up corporate treasury function.
• Ensure that surplus cash is invested optimally in the short-term investments.
• Negotiation of Mpesa agents and dealer financing arrangements with banks.
• Company scheme loans for staff
• Managing company cash flows, planning and forecasting
• In liaison with Accounts Payables Section, ensure proper planning for all payments as per payment cycle.
• Analyze on regular basis the company cash flow needs on major investments.
• Supporting Monthly Management reporting process with relevant framework analysis and comments
• Management of company loans both foreign and local and other borrowings
• Management of intercompany transactions with subsidiaries.
• Coordinating and implementation of initiatives on Treasury.
• Managing and developing staff in the Treasury Section.
• Optimization of the bank charges and interest rates.
Risk Management
• Overseeing Administrative controls / Authorized signatures/ Banking fees control/Bank Mandates
• Maintaining any local documentation and approvals required by regulations relating to Treasury Policy.
• Developing and maintaining a detailed Standard Operating Procedure (SOP) manual which covers payments and collections processing, bank balance management, bank accounts administration, bank reconciliation and all other treasury relevant areas
• Ensuring treasury processes are executed according to SOP and relevant control checks are in place and respected in the company.
• Ensure proper management of company FOREX transactions
• Maintaining a disaster backup plan.
• Providing necessary Treasury information to the Senior Management.
• Maintaining and following up on Net Financing Cost Management.
Reporting
• Developing and maintaining information system for summarized inputs on regional economic parameters.
• Coordinating and consolidating Cash Flow report for group.
• Coordinating and consolidating Treasury monthly report for the group and ensuring it is aligned with dynamic Forecast process and used as management tool.
• Coordinating and publishing monthly Business Intelligence Report to summarize Key Financial Economic indicators and trends for the Country
• Consolidation of group balance sheet schedules.
Key Achievements
• Treasury function set up
• Grew interest income by 300% within one year
• Established numerous collection methods with third parties
• Automated major treasury processes through Oracle platform.
• Maintained positive working capital
• Established strong relationship with banks
• Grew staff number from 2 to 12
Treasury Operations
• Overall responsibility of setting up corporate treasury function.
• Ensure that surplus cash is invested optimally in the short-term investments.
• Negotiation of Mpesa agents and dealer financing arrangements with banks.
• Company scheme loans for staff
• Managing company cash flows, planning and forecasting
• In liaison with Accounts Payables Section, ensure proper planning for all payments as per payment cycle.
• Analyze on regular basis the company cash flow needs on major investments.
• Supporting Monthly Management reporting process with relevant framework analysis and comments
• Management of company loans both foreign and local and other borrowings
• Management of intercompany transactions with subsidiaries.
• Coordinating and implementation of initiatives on Treasury.
• Managing and developing staff in the Treasury Section.
• Optimization of the bank charges and interest rates.
Risk Management
• Overseeing Administrative controls / Authorized signatures/ Banking fees control/Bank Mandates
• Maintaining any local documentation and approvals required by regulations relating to Treasury Policy.
• Developing and maintaining a detailed Standard Operating Procedure (SOP) manual which covers payments and collections processing, bank balance management, bank accounts administration, bank reconciliation and all other treasury relevant areas
• Ensuring treasury processes are executed according to SOP and relevant control checks are in place and respected in the company.
• Ensure proper management of company FOREX transactions
• Maintaining a disaster backup plan.
• Providing necessary Treasury information to the Senior Management.
• Maintaining and following up on Net Financing Cost Management.
Reporting
• Developing and maintaining information system for summarized inputs on regional economic parameters.
• Coordinating and consolidating Cash Flow report for group.
• Coordinating and consolidating Treasury monthly report for the group and ensuring it is aligned with dynamic Forecast process and used as management tool.
• Coordinating and publishing monthly Business Intelligence Report to summarize Key Financial Economic indicators and trends for the Country
• Consolidation of group balance sheet schedules.
Key Achievements
• Treasury function set up
• Grew interest income by 300% within one year
• Established numerous collection methods with third parties
• Automated major treasury processes through Oracle platform.
• Maintained positive working capital
• Established strong relationship with banks
• Grew staff number from 2 to 12
Implementation, Processing, Manager, UP, Processes, Framework, Treasury, Working capital, Forecast, Backup, Administration, Management Reporting, Banking, It, Forecasting, Net, Risk Management, Management, Oracle, Business Intelligence
2001 - 2005
job
Regional Treasury Accountant
DHL Exel Supply Chain.
Accountant, Treasury
My education
2013
-
2014
United States International Unversity
Masters, Strategy and Leadership Management
Masters, Strategy and Leadership Management
2003
-
2007
Catholic University of Eastern Africa
Bachelor, Accounting
Bachelor, Accounting
1997
-
2000
Strathmore Unversity
Bachelor, Accounting
Bachelor, Accounting
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