Patrick Mbunza Email & Phone Number

Nairobi, Kenya

 Tax Planning & Compliance, Book Keeping and Accounting, Business Advisory, Business Financing and Due diligence, Internal Audit, Business Systems implementation and data migration, Training in accounting and Finance, Business strategy formulation

Nairobi County, Kenya

I provide CFO Services and digitization services

Nairobi, Kenya

• Successfully implemented Xero Financial software and migration of existing data in 3 subsidiaries
• Reduced Month close procedures and Financial and Management reporting from 15 days to 7 days through faster collections and renegotiation of more days from key suppliers
• Reduced cash conversion cycle from more 60 days to 35 days releasing unnecessary overdrafts of more US$ 100,000 and loans while lending to other struggling subsidiaries within the group to the tune of US$ 200,000
• Improved the efficiency of external audit from 6 months to 2 months by introducing collaboration, frequent follow ups and faster feedback on outstanding issues.
• Increased efficiency in preparation and management of payroll by reducing errors to less than 1%
• Effectively Coached a team of 6 accountants, by conducting monthly sessions on better ways of working who later moved to manage the group under my leadership.

Nairobi

• Successfully implemented Pastel ERP Evolution and migrated historical data of two years in a record 3 months in comparison with other subsidiaries in Africa.
• Improved the quality of board papers through better research and strong financial analysis of financial performance.
• Increased the efficiency of payroll preparation and documentation by maintaining an error ratio of less than 1%
• Successfully negotiated a financing facility of US$ 3,000,000 at unbelievable cost of 6% per year

Nairobi, Kenya

• Revamped existing GOLD Financial software after a thorough training by the developers thereby automating many issues that were handled manually.
• Under My guidance and leadership managed to collect long outstanding debts of US$ 100,000 by constant follow up and collaboration with the team and other senior managers.
• Enhanced management of working capital by reducing cash conversion cycle, by improving cash collections, renegotiating with key suppliers and introducing new affordable suppliers
• Revamped management reporting tools by defining KPIs and introducing deeper financial analysis.
• Successfully developed budgeting and planning financial models that were share within the group that reduced the process of planning to 1 month against 4 months previously.
• Improved the management of external audit by constant communication and speedy follow up and closure of outstanding issues, this reduced the time take from 6 months to 2 months

Nairobi, Kenya

• Successfully managed inventory levels by providing key statistics of fast movers, slow movers and inventory turns
• Led the most successful Financial reporting team in the group by providing insightful and thought provoking analysis and commentary that improved decision making
• Produced the most detailed and comprehensive fixed assets register under my leadership and coaching.
• Improved Financial reporting, month end close and analysis from more than 10 working days to five working days thereby making decision making faster and better
• Increased the efficiency of external audit through clear communication, feedback and follow up, this reduced the audit process from 4 months to 2 months.

Nairobi, Kenya

- Prepared accurate and reliable Cost of production and Cost of Sales for the Plant- Managed accurate inventory of finished products, spare parts, raw materials and work in process will less than 5% errors- Ably managed a team of two Cost Accountants- Successfully converted engineering bill of materials to a Finance bill of materials- Periodically Lead.

Nairobi, Kenya

Accounting for inventory, raw material and variance analysis. assisting in the preparation of management accounts

Emba, Finance

Activities and Societies: Assisted fellow students who had difficulty understanding Managerial Economics, Financial Management and.

Celtel Management Programme, Management Programme

I took a 3 month management programme

Post Graduate Diploma, Cpa

CPA studies

B.Com, Accounting

Activities and Societies: Football Team at Lower Kabete Campus Graduated with honours in Accounting

Executive Mba, Finance, General

Bachelor'S Degree, Business/Commerce, General