Immaculate Magati

Immaculate Magati Email and Phone Number

Business Set Up Expert @ Zenesis Corp
Dubai, AE
Immaculate Magati's Location
Dubai, United Arab Emirates, United Arab Emirates
About Immaculate Magati

I am an accredited public accountant with extensive experience in Engineering sector, Cost accounting for projects, Real Estate Planning, budgeting and projections, variance analysis. With a strong background in tax, audit, compliance, statutory compliance, I have consistently contributed to the financial well being of the companies I have worked with. The positions I have held have typically focused on developing and implementing a seamless finance department from start to end and ensuring keen collaboration with other departments at the workplace. I am trained in the Procurement process to understand the relationship between the department and Finance and have generally taken courses on the different departments. My experience also includes strategy monitoring to ensure execution, operation management, performance management for a cross functional team, ISO Certification process and Compliance, part of culture transformation process, community development, alongside being a business liaison point for internal and external audit, banks and KRA, capacity for growing businesses, and solid understanding in designing and implementing results bearing Finance initiatives and strategies. My purpose is to create a working environment and opportunities that enable people to bring out their best. I am committed to investing in the finance of the future where even non finance teams embrace their KPIs from a business perspective to help transform organizations both locally and globally for sustainable socio-economic development.I am a highly motivated, structured and solutions driven individual who is able to work efficiently and independently. I am highly organized and driven and I am quick to adapt to changing realities and communities effectively across the organization. I have shown the ability to work efficiently against deliverable deadlines and I am focused on high quality and meeting timelines.

Immaculate Magati's Current Company Details
Zenesis Corp

Zenesis Corp

View
Business Set Up Expert
Dubai, AE
Website:
zenesiscorp.com
Employees:
15
Immaculate Magati Work Experience Details
  • Zenesis Corp
    Business Set Up Expert
    Zenesis Corp
    Dubai, Ae
  • Zenesis Corp
    Administration Manager
    Zenesis Corp Sep 2024 - Present
  • Zenesis Corp
    Account Manager
    Zenesis Corp Jul 2023 - Sep 2024
    Dubai, United Arab Emirates
    ● Serve as the Accounts Receivable and Payable Manager, overseeing all financial transactions and processes.● Manage a large portfolio of accounts receivable, including billing, invoicing, and collections.● Ensure strict adherence to internal policies and controls throughout financial program management.● Conduct ageing analysis on all receivables to assess collection effectiveness and inform financial strategies.● Manage quarterly VAT filing through the FTA portal and ESR submissions to ensure regulatory compliance.● Review customer accounts for outstanding balances and follow up on overdue payments.● Prepare and analyze financial reports, providing insights to support strategic decision-making.● Ensure compliance with accounting standards and regulations, safeguarding financial integrity.● Collaborate with cross-functional teams to align financial objectives with overall business goals.● Contributed to budgeting and forecasting activities, ensuring alignment with overarching business strategies.● Conduct KYC checks all companies in my portfolio for all shareholders, directors and UBOs. ● Conduct AML policy to ensure compliance with global standards. ● Set up companies in the UAE- mainland, offshore, freezone and outside of the UAE in regions like the British Virgin Islands, Cayman Islands, Mauritius. ● Assist in bank account opening for clients, preparation of the profile accepted by the banks and follow up on the process. ● Prepare monthly payroll for staff on the WPS and pass the transactions on the company’s books.
  • Fapcl Group
    Senior Accountant
    Fapcl Group Sep 2022 - Jun 2023
    Nairobi County, Kenya
    .Prepare journal vouchers and enter all journal entries in the accounting system, reconcile ledgeraccounts.• Receive and verify all supplier invoices, requisitions, accountabilities and prepare vouchers andreconcile staff advance account• Responsible for paying all suppliers, responding to finance queries, payment initiation for mobilemoney transfers where necessary• Maintain detailed records of support documentation for all payments including bankreconciliations, cash and debit cards, accounts receivables and payables.• Filing of all statutory deductions and VAT.• Preparation of staff salary advances and payroll processing.• Preparation of monthly financial and management reports including income statement, balancesheet, budget and variance reports• Preparation of budget reports and responsible for budget tracking.• Support in external audit and overseeing internal audit.• VAT submission and other tax obligations• Liaising with banks to handle any overdraft requests, loan requests and payment of similarfacilities.• Responsible for following up on receivables outstanding in line with the aged receivables report.• Preparation of working papers for the audit process.• Maintenance of the Fixed Assets Register.
  • Cheror Lagat And Associates
    Finance Accounting Consultant
    Cheror Lagat And Associates Nov 2021 - Aug 2022
    Nairobi, Kenya
    Prepare journal vouchers and enter all journal entries in the accounting system, reconcile ledgeraccounts.• Receive and verify all supplier invoices, requisitions, accountabilities and prepare vouchers andreconcile staff advance account• Responsible for paying all suppliers, responding to finance queries, payment initiation for mobilemoney transfers where necessary• Maintain detailed records of support documentation for all payments including bankreconciliations, cash and debit cards, accounts receivables and payables.• Filing of all statutory deductions and VAT.• Preparation of staff salary advances and payroll processing.• Preparation of monthly financial and management reports including income statement, balancesheet, budget and variance reports• Preparation of budget reports and responsible for budget tracking.• Support in external audit and overseeing internal audit.• VAT submission and other tax obligations• Liaising with banks to handle any overdraft requests, loan requests and payment of similarfacilities.• Responsible for following up on receivables outstanding in line with the aged receivables report.• Preparation of working papers for the audit process.• Maintenance of the Fixed Assets Register.
  • Burhani Engineers Ltd.
    Accounts Payable And Receivables
    Burhani Engineers Ltd. May 2018 - Aug 2021
    Nairobi, Kenya
    While working this role, I was in charge of seamless payment of all supplier invoices, WHT and submission of the same to KRA. I was also in charge of filing monthly VAT returns and dealing with any KRA VAT queries, I also was in charge of billing customers, following up on payments and offsetting payments received against customer ledgers. I would also run an ageing analysis on accounts and share the same with individual account managers.
  • Imenet International
    Finance Assistant
    Imenet International Jan 2017 - May 2019
    Kenya, Nairobi
  • Ibima Africa
    Accounts Assistant
    Ibima Africa Jan 2015 - Jan 2016

Immaculate Magati Education Details

Frequently Asked Questions about Immaculate Magati

What company does Immaculate Magati work for?

Immaculate Magati works for Zenesis Corp

What is Immaculate Magati's role at the current company?

Immaculate Magati's current role is Business Set Up Expert.

What schools did Immaculate Magati attend?

Immaculate Magati attended Strathmore University, University Of Nairobi, University Of Nairobi.

Who are Immaculate Magati's colleagues?

Immaculate Magati's colleagues are Glenita Dsouza, Karen Chettiar, Sumitra Gupta, Auro Dash.

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