Fabian Baariu

Financial Controller at Simba Corporation Limited
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Contact Information
us****@****om
(386) 825-5501
Location
Kenya, KE
Languages
  • English -

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5.0

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Michael Mbaka

Fabian is a all rounded finance management expert with local and international experience in all major fields of finance.

amos oeta

An intelligent and passionate thinker, a believer that all is possible as long as the doer is strong willed.

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Experience

    • Kenya
    • Motor Vehicle Manufacturing
    • 100 - 200 Employee
    • Financial Controller
      • Oct 2017 - Present

      In-charge of financial reporting in the Group, including consolidated financial statements. Ensures the parent company and subsidiaries' financial statements are prepared in accordance with IFRS, including adoption of the new standards.Bank signatory for all the entities in the Group.Staff management, coaching, training and human resource management for finance staff.In-charge of tax compliance in the Group: Corporate income tax, VAT, imports duty, PAYE, excise duty, stamp duty. Contact person for all matters with tax authorities.Reviews payroll for all the entities in the Group.Contact person for various investments made by the parent company.Management of banking relationships in the Group.Treasury management - cash flow forecast, debtors management, payable scheduling.Budgeting and forecasting for various brands and subsidiaries in the Group.Custodian of the internal controls in the Group.Preparation and presentation of the reports to the Board of Directors and executive committee.Insurance management for Group's assets.Contact person for both external and internal audit.Reviews inter-company reconciliations and transactions in the Group.Reviews bank reconciliations for all the entities in the Group.

    • South Africa
    • Business Consulting and Services
    • 700 & Above Employee
    • Manager
      • Feb 2017 - Oct 2017

      Advised various audit teams and clients on accounting matters across Africa.Did internal and external training on International Financial Reporting Standards (IFRS).Reviewed financial statements of various PwC clients across Africa to ensure compliance to IFRS and respective countries' Company's Act.Advised various entities on impact assessment and implementation on new accounting standards.Advised various clients on accounting implications of restructuring, acquisitions, mergers and other forms of business combinations.Reviewed offer documents for various entities before listing to ensure compliance to listing requirements.Helped client on financial statements conversion on first time adoption of IFRS.Helped clients with hyperinflation reporting for entities with subsidiaries or branches in South Sudan.

    • Kenya
    • Business Consulting and Services
    • 400 - 500 Employee
    • Manager
      • Sep 2011 - Feb 2017

      Prepared and reviewed statutory financial statements in accordance with International Financial Reporting Standards (IFRS) and relevant legislation;Exemplary knowledge of International Financial Reporting Standards (IFRS), having conducted numerous technical trainings on International Financial Reporting Standards (IFRS) and International Standards on Auditing so as to bridge skill gaps amongst assurance staff;Reviewed appropriateness of annual budgets of organizations vis-à-vis actual performance, forecasts amongst other factors as part of audit procedures in financial statements audits;Performed detailed reviews of companies’ compliance status in relation to Kenyan tax laws and regulations, specifically around Value Added Tax (VAT), and subsequently provided valuable advice;Developed robust analytical and other audit procedures to ensure that we achieved the desired level of audit evidence in the various assignments;Evaluated the internal and external operating environment of organizations, including performing detailed appraisals of their control environments and compliance reviews;Prepared management reports enumerating audit findings and recommendations on performance improvement areas in the operational and financial processes and structures of organizations;Successfully led multi-disciplinary teams of up to fifteen persons in delivering high-pressure financial statements audits and non-audit services; this includes coaching team members and overseeing their engagement performance appraisals;Interacted extensively with multi-disciplinary teams such as tax specialists, actuaries, information technology experts, among others in the course of my audit work;Managed project economics which involved discussing of fees with clients, billing, debtor’s management and ensured appropriate mix of staff for the assignments.

Education

  • Kenya Accountants and Secretaries Examination Board (KASNEB)
    Certified Investment and Financial Analyst (CIFA)
    2009 - 2011
  • Moi University
    Bachelor of Arts (Economics), First Class Honors
    2007 - 2011
  • Kenya Accountants and Secretaries Examintations Board (KASNEB)
    Certified Public Accountants - CPA (K)
    2006 - 2009
  • Igembe Boys Secondary School
    KCSE, KCSE
    2002 - 2005

Community

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