Peter Kamau Nyamwaro

May 2023 - Date

Job title: Group Chief Accountant / Group Chief Operations Officer.

(Companies within the group include: Goldrox Ltd – Construction, Bliss Holidays and Vacations Ltd – Meetings, Incentives, Conferences, and Exhibitions (MICE), Epristal Ltd – Construction, Veggie Creek Supplies Ltd – Agribusiness and Supplies, Trosto Peak Management Ltd – Finance, Tax, and Accounting)

Reporting to: Managing Director.

PRINCIPAL DUTIES:

• Reviewing Monthly Management Accounts.
• Reviewing Annual Draft Financial Statements.
• Preparation &/ Reviewing ad hoc Management Reports.
• Preparation of annual budgets.
• Requisition of operational funds.
• Weekly, monthly, and annual budget monitoring.
• Managing Petty Cash Float.
• Filing and payment of local income statutory returns, i.e., PAYE, NSSF, SHA, Corporate Tax, VAT, Housing Levy, and NITA.
• Researching and identifying new suppliers with better input prices.
• Nurturing relationships with suppliers to negotiate the best input prices.
• Enforcing company procurement policies and.
• procedures.
• Approving local purchase orders.
• Negotiating company contracts in consultation with company directors and group legal.

CLIENT: SCEPTURE EMPIRE LTD (MOTOR VEHICLE TRACKING COMPANY).

PRINCIPLE AREAS OF CONSULTING

• Filing and paying statutory taxes, i.e., PAYE, NSSF, SHA, Housing Levy, VAT, NITA, and Corporate Tax.
• Preparation, monitoring, and reviewing of annual budgets.
• Business internal controls.
• Communication Authority of Kenya (CAK) license processing.
• Bookkeeping.

• Company Overview: Companies within the group include, among a few, Brookside Dairy Ltd (Kenya, Uganda, Tanzania), Trax Kenya, Kenya Clay Products, Timsales Holdings, Gicheha Farms, Heritage Hotels Group, Gituamba Stones, NCBA (Kenya, Uganda, Tanzania), Enke Management Ltd, Ropat Union - Helicopter Aviation, and Brookveg - Agribusiness.

PRINCIPAL DUTIES

• Review of journals, LPOs, invoices, credit notes, supplier invoices, payments, and receipts in the system and online.
• Inventory Management and Valuation.
• Computation, payment, and filing of taxes.
• Review of Group Accounts and Inter-company Reconciliations.
• Preparation of all statutory financial accounts.
• Preparation of group budgets.
• Preparation and compilation of monthly management accounts.
• Updating the fixed assets register.
• Liaise with third-party associates, such as the company's local auditors, tax consultants, and tax authorities, to secure and maintain full compliance with the local laws and regulations.
• Analyzing trends in revenues and expenses.
• Implementing the company's accounting policies and procedures.
• Assist in the annual group medical and motor insurance renewal process, and maintain an awareness of changing insurance requirements.
• Reviewing bank reconciliations, supervising petty cash, and cash flow management.
• Monitoring group overdraft facilities and loan interest rates.

• Facilitating internal controls to ensure the efficient running of operations of the organization.
• Credit Assessments and Approvals.
• Reviewing customer loan application in the core banking system (T24).
• Providing periodic management reports to the supervisor.
• Customer service and support.
• Any other duties, as assigned by the Head of Credit.