Mark Magolo Email and Phone Number
I am an experienced financial accountant, hotelier, auditor, and business professional based in Kwale, Kenya. With a wealth of experience in managing staff and ensuring the smooth functioning of various departments, I have worked in various fields, including accounting, consulting, and business development. I am committed to providing exceptional customer service and support and building and maintaining strong client relationships.Currently, I am General Manager at Morning Star Resort in Kenya, where I oversee the daily operations of the hotel to ensure that guests have a pleasant and memorable experience while staying at the resort. As a General Manager, I am responsible for hiring, training, and managing staff members, ensuring that guest rooms and public areas are clean and well-maintained, developing and implementing policies and procedures to ensure smooth operations and efficient use of resources, managing budgets and financial plans, and monitoring occupancy rates and adjusting room rates and marketing strategies accordingly.Before joining Morning Star Resort, I worked as an Account Manager at a company in Mombasa, I am responsible for maintaining and developing client relationships to drive sales and revenue growth. I have also worked as a Business and Tax Consultant at Summersky Advisory, where I provide expert advice to clients in areas such as business strategy, finance, taxation, and accounting.I hold a Bachelor of Business Administration (BBA) and a Master of Business Administration (MBA) in Account and Finance from Kenya Methodist University, as well as a Certified Public Accountant (CPA) certification. I am a highly motivated life coach, motivational speaker, and business professional with excellent communication skills and solid attention to detail.In summary, I am a versatile professional with a wealth of experience in various fields, including accounting, consulting, and business development. I have exceptional leadership skills and a commitment to providing exceptional customer service and support. My extensive experience and expertise make him an asset to any organization
Morning Star Resort
View- Website:
- morningstarresort.com
- Employees:
- 8
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Lead ConsultantInsightedge Advisors Limited Feb 2024 - PresentDiani
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General ManagerMorning Star Resort Oct 2019 - PresentJob Summary:As a Hotel Manager I oversee the operations of the hotel, ensuring that guests have a pleasant and memorable experience while staying at Morning Star Resort. This includes managing staff, ensuring the smooth functioning of various departments such as housekeeping, front desk, food and beverage, and maintenance, and maintaining a high level of customer serviceKey Responsibilities:• Oversee the operations functions of the hotel, as per the Organizational chart.• Hire, train, and manage staff members, including setting performance goals and providing feedback to improve overall performance• Ensure that guest rooms and public areas are clean and well-maintained• Maintain a high level of customer service and ensure that all guest complaints or concerns are addressed promptly and to the satisfaction of the guest• Develop and implement policies and procedures to ensure smooth operations and efficient use of resources• Manage budgets and financial plans, including setting room rates, managing expenses, and maximizing revenue• Monitor occupancy rates and adjust room rates and marketing strategies accordingly• Maintain positive relationships with vendors, suppliers, and other stakeholders• Ensure compliance with all legal and regulatory requirements, including health and safety standards• Participate in the development and implementation of marketing strategies to increase business and promote the hotel
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Account ManagerMorning Star Resort Jul 2015 - Sep 2019Kwale, KenyaJob Summary:I am is responsible for maintaining and developing relationships with clients to drive sales and revenue growth. I identify new business opportunities, negotiate contracts, and close agreements to maximize profits. My key responsibilities include building and maintaining strong client relationships, conducting cost evaluations and reviews, preparing financial statements, and supervising accounting departments. Additionally, I help develop initiatives to increase customer satisfaction and retentionPrimary Responsibilities• Negotiate contracts and close agreements to maximize profits• Building and maintaining strong client relationships• Identifying new business opportunities and developing strategies to drive sales growth• Negotiating contracts and closing agreements to maximize profits• Conducting cost evaluations and reviews to identify areas for cost-reduction• Preparing and presenting financial statements and reports to senior management• Managing budgets and financial targets to achieve business goals• Supervising and leading the accounting and finance departments• Developing initiatives to increase customer satisfaction and retention• Providing exceptional customer service and support to clients• Collaborating with internal teams to ensure the successful delivery of projects and services.
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AccountantMorning Star Resort May 2013 - Jun 2015Kwale, KenyaJob Summary:As an Accountant at Morning Star Resort Diani, the primary responsibility was to maintain the financial records of the resort. This included preparing and presenting financial statements, conducting reviews and evaluations for cost reduction, and submitting monthly returns for taxes and other statutory deductions. The role required attention to detail and the ability to work collaboratively with other departments to ensure the resort's financial health.Key Responsibilities:• Monthly return submission Vat, Levy, withholding tax, Paye , NHIF and NSSF• Managing the financial records of the resort, including accounts payable and receivable, payroll, and general ledger.• Preparing and presenting financial statements, such as balance sheets, income statements, and cash flow statements.• Creating and maintaining budgets and forecasts for the resort.• Performing periodic audits and reviews to ensure accuracy and compliance with accounting standards and regulations.• Managing tax compliance, including preparing and submitting tax returns and ensuring timely payment of taxes.• Monitoring cash flow and managing bank accounts and reconciliations.• Providing financial analysis and advice to management on key business decisions.• Collaborating with other departments, such as sales and operations, to ensure financial goals are aligned with overall business objectives.• Maintaining accurate and up-to-date financial records in accounting software and other systems.
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Business ConsultantSummersky Advisory Dec 2018 - Jul 2024Diani Beach1st December 2018 to dateBusiness Consultant: Summersky AdvisoryJob Summary:As a Business and Tax Consultant at Summersky Advisory, I provides expert advice to clients in areas such as business strategy, finance, taxation, and accounting. I work closely with clients to identify their needs and develop customized solutions that will help them achieve their business goals. I am responsible for analyzing financial data, conducting research, and preparing reports to help clients make informed decisions. I also keep up to date with changes in tax laws and regulations to ensure that his clients are compliant with all relevant requirements.Key Responsibilities:• Provide business strategy and financial advice to clients• Develop customized solutions to help clients achieve their business goals• Analyze financial data and prepare reports to help clients make informed decisions• Conduct research on industry trends and best practices• Keep up to date with changes in tax laws and regulations• Ensure clients are compliant with all relevant tax requirements• Build and maintain strong relationships with clients• Work collaboratively with other members of the team to provide high-quality service to clients.
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Account ManagerMorning Star Home Owner Limited May 2013 - Dec 2022Kwale, KenyaJob Summary:As a Homeowner Accountant, I was responsible for managing the financial affairs of homeowners, including bookkeeping, budgeting, and tax compliance. In this role, my work was to help them manage their finances effectively and ensure that they are in compliance with all relevant laws and regulations while ensuring the service charge was well maintained.Key Responsibilities:• Maintaining accurate financial records for homeowners, including income and expenses, receipts, and invoices• Preparing financial statements, including balance sheets, income statements, and cash flow statements• Developing and implementing budgeting strategies for homeowners to help them manage their finances effectively• Advising homeowners on tax matters, including preparing and filing tax returns and ensuring compliance with all relevant tax laws and regulations• Monitoring and managing homeowner cash flows to ensure that bills are paid on time and that there is sufficient cash on hand to cover expenses• Providing financial advice and guidance to homeowners to help them achieve their financial goals• Communicating with homeowners regularly to keep them informed about their financial status and to answer any questions they may have• Collaborating with other professionals, such as lawyers and financial advisors, to ensure that homeowners receive comprehensive financial advice and support.
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AccountantBamburi Service Station(Kenol) &Pwani Bar & Restaurant May 2011 - Apr 2013Mombasa County, KenyaJob Summary:I was responsible for managing financial operations and ensuring the accuracy and completeness of accounting records at Bamburi Service Station. I was in charge of financial reporting, bookkeeping, budgeting, and managing accounts payable and receivable.Key responsibilities• Ensure that the customer have best possible experience by trouble-shooting and resolving all billing-related disputes.• Maintaining accurate financial records, including preparing and posting journal entries, reconciling bank statements, and maintaining ledgers• Preparing monthly financial statements, including income statements, balance sheets, and cash flow statements• Assisting with budget preparation and monitoring budget performance• Ensuring timely and accurate processing of accounts payable and receivable, including invoicing and collections• Managing vendor relationships and negotiating payment terms• Monitoring and analyzing accounting data and producing financial reports or statements• Preparing and submitting tax returns and ensuring compliance with tax regulations• Assisting with audits and providing documentation and support as needed
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AccountantPwani Paradise Bar & Restaurant May 2011 - Apr 2013Mombasa County, KenyaJob Summary:As an accountant at Pwani Paradise Bar & Restaurant, my main responsibility was to ensure that the financial health of the business by maintaining accurate financial records and preparing financial statements. This involved managing financial transactions, analyzing financial data, and providing insights to support business decisions.Key responsibilities• Check customers credit ratings and Flag accounts as 'Black listed' for long outstanding or defaulter accounts.• Record financial transactions and maintain accurate financial records• Prepare financial statements such as balance sheets, income statements, and cash flow statements• Analyze financial data to identify trends and provide insights to management• Prepare budgets and financial forecasts• Ensure compliance with accounting and tax regulations• Reconcile accounts and prepare bank deposits• Manage accounts payable and accounts receivable• Process payroll and ensure compliance with labor laws• Manage inventory and monitor cost of goods sold• Communicate financial information to management and provide recommendations for improving financial performance.
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AccountantDreams Hardware & Supplies Dec 2010 - Mar 2011Job Summary:As an accountant at Dreams Hardware and Supplies, my job responsibilities included maintaining financial records, preparing financial statements, managing accounts payable and receivable, reconciling accounts, and ensuring compliance with accounting standards and regulations. Key responsibities:• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.• Preparing and maintaining financial records such as balance sheets, profit and loss statements, and general ledgers• Monitoring accounts payable and accounts receivable• Ensuring compliance with financial regulations and standards• Preparing bank reconciliations and handling bank transactions• Assisting with budget preparation and financial forecasting• Conducting periodic audits of financial records to ensure accuracy• Preparing and submitting tax returns and other financial reports to relevant authorities• Managing payroll processing and ensuring timely payment of salaries and benefits.
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Assistant AuditorOyugi Fredrick Certified Public Accountant & Associates Sep 2007 - Nov 2010Mombasa County, KenyaJob Summary:As an audit assistant at Oyugi Fredrick and Co. Associates, my primary responsibility was to assist senior auditors in the completion of audit assignments. The job involved conducting various audit procedures such as collecting and analyzing data, verifying financial records, and preparing audit reports. I was also responsible for performing basic accounting tasks such as bookkeeping, reconciling accounts, and preparing financial statements. Additionally, I work collaboratively with other team members and was able to communicate effectively with clients.Key responsibilities:• Assisting in the planning, execution, and completion of audit assignments• Conducting audit tests and procedures as directed by the senior auditors or audit managers• Gathering and analyzing financial data and ensuring accuracy and completeness of financial records• Preparing audit work papers and documenting audit findings and conclusions• Communicating and discussing audit findings with senior auditors and clients• Developing and maintaining relationships with clients and managing client expectations• Participating in internal meetings and trainings to enhance audit skills and knowledge• Keeping up-to-date with changes in accounting and auditing standards and regulations• Performing other duties and responsibilities assigned by the senior auditors or audit managers.
Mark Magolo Skills
Mark Magolo Education Details
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Finance -
Second Class Honour
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Vision Institute Of ProfessionalCertified Public Accountant -
Changamwe Secondary SchoolKenya Certificate Of Secondary Education
Frequently Asked Questions about Mark Magolo
What company does Mark Magolo work for?
Mark Magolo works for Morning Star Resort
What is Mark Magolo's role at the current company?
Mark Magolo's current role is Experienced Financial Accountant and Hotelier with Exceptional Leadership Skills..
What schools did Mark Magolo attend?
Mark Magolo attended Kenya Methodist University, Kenya Methodist University, Vision Institute Of Professional, Changamwe Secondary School, Kenya School Of Revenue Administration (Kesra).
What skills is Mark Magolo known for?
Mark Magolo has skills like Accounting, Tax, Balance, Cash Flow, Fixed Assets, General Ledger, Stock Control, Preparation, Managerial, Taxation.
Who are Mark Magolo's colleagues?
Mark Magolo's colleagues are Cheryl Dockter, Cecilia Wairimu, Sharon Otieno, Ignatious Onkendi, Everlyne Richard Richard, Grace Museve, Vilma Villahermosa.
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