Experience

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  Jaguar Petroleum

  • Kenya
  • Oil and Gas
  • 1 - 100 Employee

  • Treasury Manager

    • Feb 2024 - Present

    As a Treasury Manager I am responsible for the treasury management activities across the company including but not limited to pre-hedging, execution and monitoring by defining economic priorities, understanding our margin risks & exposure profile, counterpart readiness & evaluation, track pricing, process documentation, monitoring business changes & portfolio performances and reporting on trade executions.Key ResponsibilitiesPre-Hedging•Determine the appropriate risk metrics, map exposure profiles and understand risk to organization•Identify impactful purchase / sales profiles•Select hedging products and choose suitable hedge ratios•Choose frequency of trading and sizing for unwinds with spot sale•Quantify risk of cash collateral calls•Determine forecast certainty of exposures•Assess credit strength and capacity of existing relationships and if need to expand•Negotiate contracts to be trade readyExecution•Aggregate exposure data hedging program and calculate the hedge nationals required to obtain the desired hedge ratio/coverage•Identify the trading entities•Review existing counterpart exposure profile based on any active pre-existing derivatives and understand their margin rules for the intended hedge amounts•Select hedge instrument based on market conditions and/or risk profile•Evaluate indicative pricing against current market price and other counterparts•Monitor costs and trading efficiencies, and auction or negotiate trade if possibleMonitoring•Monitor for structural shifts in the business such as changes in commercial or sales terms, inventory turnover, etc. and update exposure forecasts regularly•Compare hedge impacts relative to recognized gross-margin, while evaluating timing mismatches related to cash•Monitor counterpart credit strength, capacity, and diversification•Perform periodic alignment across stakeholders to ensure that changes in tax treatment, cash management, and/or business model align with hedging program

  • Senior Management Accountant

    • Oct 2023 - Feb 2024

    As a Senior Management Accountant I support management planning and decision making by providing analysis and reporting on key financial information emanating from business operations, cash flow, income, and expenses; support cost and revenue optimization by generating and monitoring forecasts, budgets, and risk analysis; and leading various accounting projects and related activities.Key Responsibilities:Management Accounting:• Development and implementation of accounting systems, policies, procedures, processes and internal controls.• Ensure sufficiency of funds to meet operational and capital investment requirements.• Prepare reports on the company’s assets, financial performance, liquidity and main risks.• Prepare consolidated financial statements in accordance with International Financial Reporting Standard (IFRS).• Maintaining the payroll.• Provide financial information in strategic planning, long and medium-term planning.Internal Control & Audit Management:• Prepare Management Accounts for financial audit exercise.• Review the internal control processes including financial controls.• Attend to auditors queries and complaints for immediate resolutions.• Conduct and direct audits and ongoing reviews of organization controls, operating procedures, and compliance with policies and regulations..• Review and appraise the soundness, effectiveness, and proper application of accounting and financial controls, compliance procedures and controls. Tax & Regulatory Compliance:• Prepare and verify that tax filings VAT, PAYE, withholding taxes, corporate income tax and statutory contributions are accurate and are filed before the statutory due dates.• Ensure tax compliance with the relevant regulators and become an expert in local tax law to ensure optimal planning.• Serve as lead liaison with the tax authority.• Participate in the setting up of company strategy monitoring and evaluation

  • General Accountant

    • Sep 2020 - Nov 2023

    Treasury,• Bank Reconciliations and analysis• Financial data analysis • Support Finance planning and budgeting cyclesPayables• Aging analysis• Debt analysis and supplier reconciliations• Reporting• Payment processingReceivables• Aging analysis• Credit control and analysis• Funds receipt and reconciliations

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  RUBIS ENERGIE

  • KENYA

  • Stocks Accountant

    • Dec 2019 - Sep 2020
    • KENYA

    In this role I handled;Inventory Management-(1)Monitoring inventory transactions (2)Reconciling inventory accounts to the general ledger (3)Preparing monthly journal entries as needed (4)Regularly Generate and Analyze Inventory ReportsInventory Costing-(1)Establish standard costs and update them as appropriate (2)Developing inventory analysis reports and analyzing variances

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  Gulf Energy Limited

  • Nairobi

  • Stocks Accountant

    • Apr 2018 - Dec 2019
    • Nairobi

    In this role I handled;Inventory Management-(1)Monitoring inventory transactions (2)Reconciling inventory accounts to the general ledger (3)Preparing monthly journal entries as needed (4)Regularly Generate and Analyze Inventory ReportsInventory Costing-(1)Establish standard costs and update them as appropriate (2)Developing inventory analysis reports and analyzing variances

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  Mediheal Group of Hospitals

  • Accountant

    • Jan 2016 - Mar 2018

    Recievables accounting, Financial Data management and Financial Reporting

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  Belion Hardware & Building Contractors

  • Kenyan North Rift

  • Accountant

    • Aug 2014 - Jan 2016
    • Kenyan North Rift

    Manage company payroll, provide timely contract reports, prepare budgets,working on company tax obligations and filing tax returns, setting up internal control systems, credit management, audits, project appraisals and preparing financial reports.

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  Kerio Valley Development Authority

  • Eldoret

  • Attache Planning Department

    • May 2013 - Aug 2013
    • Eldoret

    Data analysis, Monitoring & Evaluation, report writing and taking part in the entire planning function of the organization.