Hilda Muchunku, Bsc., Mba, Cpa(K)

Hilda Muchunku, Bsc., Mba, Cpa(K) Email and Phone Number

Member Board of Trustees @ Moi University Pension Scheme
United States
Hilda Muchunku, Bsc., Mba, Cpa(K)'s Location
Nairobi County, Kenya, Kenya
About Hilda Muchunku, Bsc., Mba, Cpa(K)

At the helm of KEPSA KENYA's financial operations, my focus is on streamlining accounting and financial processes and aligning them with our stringent budgetary frameworks and overarching objectives. My tenure has seen the nurturing of a robust finance team, dedicated to professional excellence and the punctual execution of complex tasks, with a concerted effort toward maintaining positive liquidity and minimizing overheads.Collaboration sits at the core of our organizational success; hence, I actively partner with cross-functional teams to craft meticulous annual budgets that strategically allocate resources, bolstering our mission. My expertise extends to ensuring comprehensive audit compliance, which fortifies our organization's credibility and operational continuity, all the while fostering transparent communication channels that reinforce our commitment to financial prudence and strategic investment planning.

Hilda Muchunku, Bsc., Mba, Cpa(K)'s Current Company Details
Moi University Pension Scheme

Moi University Pension Scheme

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Member Board of Trustees
United States
Employees:
45
Hilda Muchunku, Bsc., Mba, Cpa(K) Work Experience Details
  • Moi University Pension Scheme
    Member Board Of Trustees
    Moi University Pension Scheme
    United States
  • Kenya Private Sector Alliance (Kepsa)
    Chief Finance Officer
    Kenya Private Sector Alliance (Kepsa) 2018 - Present
    Kenya
  • Moi University Pension Scheme
    Member Board Of Trustees
    Moi University Pension Scheme Jul 2019 - Present
    Eldoret, Uasin Gishu County, Kenya
  • Moi University Provident Fund
    Member Board Of Trustees
    Moi University Provident Fund Jul 2019 - Present
  • Moi University
    Board Director
    Moi University Nov 2020 - Nov 2023
    Eldoret, Uasin Gishu County, Kenya
    In my role as Board Director at Moi University, I provided leadership and oversight to ensure the institution's success. I chaired the Audit, Risk and Compliance Committee, focusing on regulatory compliance and financial transparency. Collaborating with fellow board members, we set strategic direction and policies to drive the university forward.
  • Moi University
    Board Director
    Moi University Mar 2017 - Mar 2020
    Eldoret, Uasin Gishu County, Kenya
    • Led the Audit, Risk, and Compliance Committee as the Chairperson, ensuring governance and compliance at Moi University.• Collaborated with fellow board members to provide strategic leadership and oversight for the institution.• Implemented policies and procedures to enhance transparency and accountability in university operations.
  • Water For People
    Africa Region Finance& Administration Manager
    Water For People 2014 - 2017
    Colorado, United States
    -Prudence in financial management in the Africa Region of a global company operating in four regions of the world.-Oversight of accounting teams in the regions-Consolidated regional financial reports that influence Senior Management's decision makingAchievements;*Developed a model to identify savings on donor contracts because of Foreign Exchange differences, resulting in additional milestones and increased transparency in donor reporting.*Led a team of 3 finance managers and 5 accountants in the 4 countries in the Africa region to achieve departmental goals, including training, them on various aspects of financial transactions and report generation in the NETSUITE ERP.*Devoted 50+ hours to developing a template for the consolidated regional budget that improved the accuracy of budget consolidations and reduced time spent by 5 days; the model was rolled out to other regions to work with.
  • Kra(Kenya Revenue Authority)
    Committee Member
    Kra(Kenya Revenue Authority) Mar 2013 - Mar 2016
    Nairobi County, Kenya
    • Vetted applicants to act on behalf of taxpayers as Tax Agents at Kenya Revenue Authority (KRA).• Collaborated with committee members to ensure compliance with tax regulations.• Reviewed and analyzed applications to ensure the integrity of the tax agent selection process.
  • United States International University - Africa
    Adjunct Lecturer
    United States International University - Africa May 2007 - Mar 2015
    Nairobi County, Kenya
    • Provided in-front-of-the-class teaching& instruction in undergraduate and graduate courses including Principles of Accounting, Finance, Auditing, and Management Accounting at the United States International University - Africa.• Administered exams and utilized interactive classroom discussions to ensure comprehensive student assessment and engagement.• Passionately shared knowledge gained from my corporate work experience and simulation of real world experiences to prepare students for successful careers.
  • United States International University - Africa
    Management Accountant
    United States International University - Africa Feb 2010 - Dec 2010
    Nairobi County, Kenya
    Managed budgets and assets, supervised financial functions at United States International University - Africa.• Prepared and presented Budget variance reports to Heads of Departments.• Managed fixed assets and maintained the asset register for accountability.• Supervised billing, revenue capture, and expenditure functions for accurate financial reporting.Achievements;*Managed the asset revaluation exercise giving a fully reconciled register in keeping with IAS 36.*Instituted a new payment option for students. I completed negotiations for both the MPESA and ZAP (Celtel) pay bill avenues for use by students to ensure timely collections from debtors and therefore increasing our collection efficiency which at the time was novel and not yet widely embraced.
  • United States International University - Africa
    Financial Accountant
    United States International University - Africa May 2008 - Jan 2010
    Nairobi County, Kenya
    Led treasury management operations at United States International University - Africa, optimizing revenue through bank relationships and cash-flow planning.• Oversaw accurate transaction posting and timely reporting within the accounts department team.• Managed accounting and reporting for donor-funded contracts/projects from organizations like USAID and FORD Foundation.Achievements;• Doubled interest income from investments every year from the previous financial year’s amounts, in an environment where there were no substantial increases in money market interest rates, because of diligent monitoring• Instituted a new monthly financial reporting deadline for all the teams that I supervised; all reports were ready by the 10th of the subsequent month.• Team guidance and training of accountants on processes, entries, and reports generation in the CARS ERP system, to grow their expertise and improve processes and reporting.
  • United States International University - Africa
    Treasury Accountant
    United States International University - Africa Jul 2005 - Apr 2008
    Nairobi County, Kenya
    In my role as a Treasury Accountant at United States International University - Africa, I was responsible for preparing bank reconciliation statements, managing petty cash reimbursements, and implementing a segment reporting system to improve departmental performance. Achievements:• Unearthed an internal fraud syndicate which led to the formulation of a more stringent policy on students’ refund processing.• Pioneered segment reporting system with a fundamental principle of looking at departments as profit centers which was instrumental in steering departments to better performance.• Streamlined treasury operations having inherited a backlog of bank queries and outstanding reconciliation issues which I successfully handled and reduced to current issues under 30 days aged.• Managed to institute a culture of completing bank reconciliations for all the 6 bank accounts by the 8th of the subsequent month; this had previously been a concern as evidenced by various external audit reports.• Successfully reconciled donor accounts, prepared status reports as a strategy for further fundraising and positive public image of the University.
  • United States International University - Africa
    Assistant Accountant
    United States International University - Africa Jun 2003 - Jun 2005
    Nairobi County, Kenya
    Oversaw revenue allocation and reconciliation processes, implementing a daily reconciliation system to enhance financial transparency and efficiency.Achievements;• Instituted a daily reconciliation system for cash and banking, improving staff accountability.• Reduced queries from different departments by enhancing financial transparency through efficient record-keeping.
  • United States International University - Africa
    Cashier, University Cafeteria
    United States International University - Africa Aug 1996 - May 2003
    Nairobi County, Kenya
    • Cashiering at various workstations in the university Cafeteria• Daily reconciliations and banking of money received• Customer service• Run the coffee shop, ensuring quick service and liaising with the chef and restaurant manager forrestocking of snacks and beverages for optimal supplyAchievements;• Reported no cash shortages when the end-of-day report was compared to daily collections banked• Perfected my customer service skills, always offering service with a smile, being customer-centric and running a coffee shop that was clean and well maintained and met the needs of the customer.• On a personal level, I graduated as the top student in the class of Bachelor of Science in BusinessAdministration in June 2002, despite working a 6-day week while studying for the undergraduatedegree and pursuing the Certified Public Accountant certification (CPA) via distance learning, testifying to my ability to stay focused and achieve goals.
  • Kenya Private Sector Alliance (Kepsa)
    Finance Manager
    Kenya Private Sector Alliance (Kepsa) 2012 - 2014
    Shelter Afrique, Mamlaka Rd
    Sound financial management is my passion, its what i do on a daily basis- am totally sold out to this. I implement systems to ensure the wheels of finance in my organization are well oiled to run the long haul and deliver world class service and results.Achievements;*Ensured that the quarterly meetings of the finance board committee were timely. Prepared and presented all requisite reports, ensuring that information availed facilitated decision-making.*Initiated and trained accountants to prepare automated bank reconciliations in the accounting system, previously these were prepared manually*Successfully led the implementation of the migration of financial record keeping on Quickbooks to the SAP ERP system.
  • Deacons Kenya Ltd
    Senior Accountant Financial Reporting
    Deacons Kenya Ltd Dec 2010 - Nov 2012
    Financial reporting which includes weekly sales& profitability reports by brand, by shop and country and monthly financial reports for review at the weekly management meeting, and financials for third& related parties. Oversight of the accounting team(all the different functions within the department)Achievements;*Initiated a reorganization of the finance department towards a functional structure from the previous brand-wise structure to encourage segregation of duties and consequently enhance internal controls. Because of enhanced controls, the discovery was made of fraud by a shop manager of over 1 million Kenya shillings, saving the organization further losses.*Developed a program for audit preparedness that ensured financial reporting for all subsidiaries and the parent company was timely and complete, cutting audit time by 10+ days.

Hilda Muchunku, Bsc., Mba, Cpa(K) Education Details

Frequently Asked Questions about Hilda Muchunku, Bsc., Mba, Cpa(K)

What company does Hilda Muchunku, Bsc., Mba, Cpa(K) work for?

Hilda Muchunku, Bsc., Mba, Cpa(K) works for Moi University Pension Scheme

What is Hilda Muchunku, Bsc., Mba, Cpa(K)'s role at the current company?

Hilda Muchunku, Bsc., Mba, Cpa(K)'s current role is Member Board of Trustees.

What schools did Hilda Muchunku, Bsc., Mba, Cpa(K) attend?

Hilda Muchunku, Bsc., Mba, Cpa(K) attended United States International University - Africa, United States International University - Africa, Strathmore University, College Of Insurance, Kenya School Of Government, State Corporations Advisory Committee, Business Advocacy Fund.

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