Oliver Ochola

Financial Accountant at Mabati Rolling Mills Ltd - Member of the SAFAL Group
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Contact Information
us****@****om
(386) 825-5501
Location
Kenya, KE

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Experience

    • Kenya
    • Wholesale Building Materials
    • 400 - 500 Employee
    • Financial Accountant
      • Apr 2018 - Present

      • Ensuring that Financial Statements are prepared in good time for annual audit.• Ensuring the General ledger is updated correctly in accordance with the relevant IFRS.• Liaison with Internal auditors and other consultants.• Support in the Monthly and annual close process.• Conducting performance management for staff in finance department.• Explain variance arising from financial statements and provide explanations thereon.

    • Management Accountant
      • Sep 2016 - Present

      • To produce timely and reliable management information reports weekly, monthly and quarterly.• Serve as contact for day-to-day management of operational activities for the various commercial teams.• Provide a smooth linkage between procurement and commercial teams as regards timeliness in ordering, logistics, delivery to customers and project closure/ extension tracking.• Assist in negotiating supplier terms and agree payment plans where necessary. Regularly review all commercial terms with the Buying Teams and make appropriate recommendations for improvement.• Support Commercial team in relevant tender costing and documents preparation.• To develop and control a centralized accounting system to ensure that accounts are effectively managed.• To investigate variances against commercial Team budgets and provide analysis of differences. Assist in the preparation of annual budgets and cash flow forecasts.• Hold regular meetings with management to discuss the budgetary position and agree action plans where required.• Timely preparation and signoff of Quarterly Company Price List.• Assist in establishing and maintaining costing models for the company.

    • Kenya
    • Manufacturing
    • 300 - 400 Employee
    • Finance Manager
      • Jan 2012 - Present

      • Designing and implementing the information system for complying with Government and management requirements.• Assist in preparation and review of Budget.• Liaison with Internal auditors and other consultants• Assist in month end accounts and business performance appraisals.• Ensuring that the trial balance and management accounts are prepared on a monthly basis• Ensuring that Financial Statements are prepared in good time for annual audit• Reviewing the costing of imported items and approving import declaration forms.• Reviewing debtors’ statements, bank reconciliations, supplier statement reconciliations and inventory listing generated from the monthly stock takes• Reviewing and approving returns for VAT, PAYE, NSSF, NHIF, DIT and KEBS and ensuring that these returns and the corresponding remittances are submitted to the relevant authorities by the due dates.• Reviewing and approving all payments by cash, cheque, telegraphic transfers and ensuring that company credit policy is strictly adhered to for both customers and suppliers.• Overseeing the implementation of systems and business decisions for the company and aligned with cooperate finance.• Conducting performance management for staff in finance department.

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