Abdulrahman Elmi

Abdulrahman Elmi Email and Phone Number

Finance Manager at Ainushamsi Energy (U) Ltd @
Abdulrahman Elmi's Location
Kenya, Kenya
About Abdulrahman Elmi

An experienced Finance professional with a demonstrated history in the Oil & Gas sector.

Abdulrahman Elmi's Current Company Details
Ainushamsi Energy (U)Ltd

Ainushamsi Energy (U)Ltd

Finance Manager at Ainushamsi Energy (U) Ltd
Abdulrahman Elmi Work Experience Details
  • Ainushamsi Energy (U)Ltd
    Finance Manager
    Ainushamsi Energy (U)Ltd Dec 2015 - Present
    Kampala-Uganda
    • Maintaining a documented system of accounting policies and procedures, ensuring the highest standards of financial management reporting and constantly seeking and implementing process and system improvements.• Ensuring expenditure is within approved budget for operational requirements and Pro-actively bringing to the executive’s attention, areas of financial or operational inefficiencies.• Ensuring statutory compliance with legal and tax requirements and IFRS.• Finance Department… Show more • Maintaining a documented system of accounting policies and procedures, ensuring the highest standards of financial management reporting and constantly seeking and implementing process and system improvements.• Ensuring expenditure is within approved budget for operational requirements and Pro-actively bringing to the executive’s attention, areas of financial or operational inefficiencies.• Ensuring statutory compliance with legal and tax requirements and IFRS.• Finance Department staff development, performance management and supervision.• Ensuring timely and accurate preparation of monthly financial statements, cash flow projections and presentation of the same to the executive.• Ensuring implementation of adequate internal control procedures over all aspects of the company’s operations.• Designing and building financial models using cash flow, NPV, IRR, and Payback period analysis which are used to inform the capital investment decision.• Preparation of financial models that present EBITDA (earnings before interest, taxes, depreciation, and amortization), Key Performance Indicators, and foreign currency translation impacts which are direct inputs to the investment decision making process and are used to determine any potential capital structure and/or funding needs as well as to ensure certain financial ratios are in compliance with our debt covenants. Show less
  • Ainushamsi Energy Ltd
    Senior Accountant
    Ainushamsi Energy Ltd Sep 2015 - Dec 2015
    Nairobi
    • Developing sound inventory costing methods, applying these methods to come up with correct and accurate cost build up for each product and advising management on the minimum selling price.• Booking and receiving of inventory in SAP, also localization of transit goods and reconciliations of warehouses end month.• Daily cash status report preparations and also reconciling all of our Bank accounts.• Preparation of MIS and cash flow rolling plan reports that show how the company… Show more • Developing sound inventory costing methods, applying these methods to come up with correct and accurate cost build up for each product and advising management on the minimum selling price.• Booking and receiving of inventory in SAP, also localization of transit goods and reconciliations of warehouses end month.• Daily cash status report preparations and also reconciling all of our Bank accounts.• Preparation of MIS and cash flow rolling plan reports that show how the company performing weekly.• Preparations of management accounts reports that help management in decision making.• Monthly preparations of VAT returns, and also determining any VAT refund to be claimed.• Preparation of Business Plan Projections for periods of more than 5years.• Preparations of financial statements: Statement of financial position, Statement of comprehensive income, Statement of changes in equity, Statement of cash flow. Show less
  • Midland Energy Ltd
    Plant Accountant
    Midland Energy Ltd Jan 2015 - Sep 2015
    Nairobi
    • Preparation of daily reports of LPG sales, cylinder movements, filling reports and truck analysis reports.• Establishing a cost effective working capital management policy for the plant.• Preparation of management accounts and interpreting these monthly management accounts and annual reports, implement financial plans, asset financing and risk management.• Liaising with the marketing department to ensure all our clients are satisfied and that their orders are processed efficiently… Show more • Preparation of daily reports of LPG sales, cylinder movements, filling reports and truck analysis reports.• Establishing a cost effective working capital management policy for the plant.• Preparation of management accounts and interpreting these monthly management accounts and annual reports, implement financial plans, asset financing and risk management.• Liaising with the marketing department to ensure all our clients are satisfied and that their orders are processed efficiently and successfully delivered.• Monitor cash flows statements and predict future trends.• Liaising with external auditors to ensure our financial statement at all times reflect a true and fair view.• Liaising with the internal auditor to ensure the company has a sound internal control system.• Liaising with the accounts payable department on preparation of payroll and statutory deductions.• Help manage and maintain, in close working relationship with the Managing Director, the business planning and budgetary process including budgets, capital expenditure, and monitoring variances.• Ensure that the company has effective financial systems, controls and processes in place and that these are used throughout the company.• Updating LPG prices from time to time according to industry developments• Liaising with ERC and other authorities to ensure the plant functions efficiently and effectively while abiding by the rules of the game.• Liaising with the fleet manager to ensure proper management of trucks to ensure they are at all times functioning efficiently and effectively. Show less
  • Kenya Ports Authority
    Financial Accountant
    Kenya Ports Authority Oct 2013 - Dec 2013

Abdulrahman Elmi Skills

Auditing Variance Analysis Cpa Income Tax Accounting Cash Flow Journal Entries Accruals Tax Managerial Finance Management Accounting Bank Reconciliation Account Reconciliation Financial Accounting Microsoft Office Microsoft Excel Internal Controls Bookkeeping Financial Analysis Gaap External Audit Quickbooks Tax Preparation Tax Accounting Vat Budgets Management Financial Reporting Financial Statements Fixed Assets Ifrs General Ledger Tax Returns Accounts Payable Financial Audits

Abdulrahman Elmi Education Details

Frequently Asked Questions about Abdulrahman Elmi

What company does Abdulrahman Elmi work for?

Abdulrahman Elmi works for Ainushamsi Energy (U)ltd

What is Abdulrahman Elmi's role at the current company?

Abdulrahman Elmi's current role is Finance Manager at Ainushamsi Energy (U) Ltd.

What schools did Abdulrahman Elmi attend?

Abdulrahman Elmi attended Cfa Institute, University Of Nairobi, University Of Nairobi, Cpa.

What skills is Abdulrahman Elmi known for?

Abdulrahman Elmi has skills like Auditing, Variance Analysis, Cpa, Income Tax, Accounting, Cash Flow, Journal Entries, Accruals, Tax, Managerial Finance, Management Accounting, Bank Reconciliation.

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