Mercy Mbithe, Msc, Cpa (K) Email & Phone Number

Uganda

• The positions entails;
• Providing strategic financial direction and oversight, ensuring the organization's financial practices align with its objectives and growth aspirations.
• Leading, managing, and mentoring the finance team based in Uganda.
• Overseeing all financial operations including accounts payable, accounts receivable, treasury and tax
• Ensuring up-to-date compliance with financial regulations and standards, including timely reporting and audits

Kenya|Uganda|Tanzania

• Key Contributions:
• Guiding the company in statutory compliance requirements, while influencing commercial decision-making processes to maximize profitability.
• Ensuring accurate recording and reporting of financial results, maintaining strong internal controls to safeguard the company's assets and maintain regulatory compliance.
• Liaising with other country senior management to ensure their business intelligence and reporting requirements were met, fostering strong communication and collaboration across borders.
• Driving cost efficiency throughout the organization, identifying opportunities to streamline processes and reduce expenses.
• Working closely with local advisors, bankers, and statutory authorities to maintain compliance with all relevant regulations, including VAT, payroll taxes, and corporation tax.

• Key Contributions:
• Maintained and updated assets register for clients, ensuring proper documentation and timely updates for financial reporting purposes.
• Conducted monthly bank reconciliations for multiple clients, ensuring that bank accounts were accurately represented in financial statements.
• Prepared financial statements and related notes in accordance with Kenyan statutory requirements and IFRS for multiple clients, providing timely and accurate financial reporting.
• Prepared and filed timely and accurate tax returns for individuals and businesses, resulting in a streamlined tax preparation process and increased returns for clients.
• Generated ETR/ESD receipts and prepared monthly Z-reports for the ETR receipts generated during the month, ensuring compliance with Kenyan tax regulations for clients.

• Key Contributions:
• Streamlined accounting procedures and controls, resulting in reduction in errors and an increase in efficiency.
• Successfully processed and submitted VAT and withholding tax reports on a monthly basis, resulting in a 100% compliance rate with KRA regulations.
• Drafted over 7 monthly reports enabling the clients to track payments as well as profits, losses and debts.
• Managed payroll administration for clients and ensuring timely submission of statutory returns.
• Conducted weekly cash-flow and budget analysis, identifying potential cost savings and revenue opportunities that resulted in increase in net profit.

• Key Contributions:
• Prepared accurate invoices and delivery notes for orders, resulting in 100% accuracy rate.
• Processed and maintained accounts receivables, ensuring timely and accurate record-keeping.
• Posted daily sales on QuickBooks, resulting in up-to-date financial information for decision-making.
• Generated and monitored stock variances on a weekly basis, identifying and resolving discrepancies.
• Analyzed and investigated the causes of stock variances, resulting in improved inventory accuracy and cost savings.

• Key Contributions:
• Successfully controlled stock movement by accurately coding, capturing, and cross-checking transactions using QuickBooks.
• Reconciled daily sales and goods sold, ensuring accurate financial record-keeping and a 100% reconciliation success rate.
• Maintained monthly journal vouchers and statements on accounts payables, providing timely and accurate financial information to stakeholders.
• Implemented inventory controls, resulting in reduction in stock losses and improved stock accuracy.
• Conducted regular stock counts and investigations into discrepancies, resulting in improved stock accuracy and cost savings.

• Key Contributions:
• Controlled stock movement and ensured accurate record-keeping of inventory, resulting in improved stock accuracy and cost savings.
• Accurately coded, captured, and cross-checked transactions using QuickBooks, resulting in up-to-date financial information and timely decision-making.
• Successfully received and dispatched stock and raw materials, ensuring timely delivery and accurate record-keeping.
• Conducted regular stock counts and investigations into discrepancies, identifying and resolving discrepancies.
• Implemented new procedures for stock management, resulting in increased efficiency and a reduction in errors.

• Key Contributions:
• Cross-checked transactions to ensure the accuracy and completeness of financial data.
• Reconciled accounts payable and receivable to identify discrepancies and resolve issues in a timely manner.a
• Processed payments and monitored cash flow to ensure timely and accurate payments.

Master Of Science - Msc, Development Finance

Ongoing.

Bachelor'S Degree, Economics And Finance