Patrick Mbunza Email and Phone Number
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With over 25 years of experience in financial accounting & reporting, financial management and leadership, I have navigated the complexities of risk management in high-growth sectors and steered organizations through challenging financial landscapes. Currently, I lead Acumen Professional Services, a venture born from my passion for financial consulting, leadership development, and fostering strategic growth. My commitment is to empower small and mid-sized firms, guiding them to success amidst their unique financial and strategic challenges.At Acumen Professional Services, as the Senior Consultant I apply my extensive experience in financial accounting, financial management and strategic leadership. I am deeply involved in enhancing financial performance, mentoring finance professionals and executives to reach new heights, and assisting businesses in crafting their long-term goals.As the Group Financial Controller at Sunbird Business Services, I was responsible for overseeing HR, accounting, and finance functions. My tenure was marked by significant achievements, including leading a NetSuite migration essential for the company's continuous growth and establishing financial reporting systems that significantly improved resource optimization. This role culminated in the successful expansion of the business to Southern Africa and West Africa.In my role as the Financial Manager of Business Connexion, I played a crucial part in establishing a Kenyan subsidiary, facilitating local market growth. A career highlight was implementing an ERP PASTEL system, a transformative step that redefined the role of finance within the organization. My journey is also enriched by my active involvement outside of work. I have served on the Board of Directors for Prosperous Ventures Limited, Kabaa Old Boys Association and UNV Sacco Limited that I still serve to date and helped ensure timely preparation of clear Financial Statements.At the core of my professional ethos is a deep-seated commitment to the growth and success of small and mid-sized firms. I am driven by the challenge of transforming these firms into significant market players, leveraging my financial expertise and strategic insights to guide them on their path to success.
Acumen Professional Services
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Managing PartnerAcumen Professional Services Jan 2019 - PresentNairobi, 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 -
Managing PartnerAcumen Professional Services Jan 2019 - PresentNairobi County, KenyaI provide CFO Services and digitization services -
Group Financial Controller & Group Financial Controller -East AfricaSunbird Group Oct 2015 - Dec 2018Nairobi, 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. • Developed and improved Budgeting and forecasting tools by incorporating critical business drivers that was cascaded across the group. -
Financial ManagerBcx Kenya Limited Oct 2012 - Aug 2015Nairobi• 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 -
Group Financial Controller-East Africa / Group Financial Reporting Manager/ Country Finance ManagerPanafrican Group Of Companies Aug 2008 - Mar 2012Nairobi, 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• Successfully new boarded new Finance Managers joining the group in East and West Africa reducing settling time. -
Regional Finance Manager/Budgeting & Reporting Manager, Budgeting & Reporting Group LeaderAirtel Aug 2000 - Jul 2008Nairobi, 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. -
Senior Accountant/ Cost AccountantGeneral Motors Africa & Middle East Nov 1994 - Aug 2000Nairobi, 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 stock take processes and reconciliation -
Accounts Assistant/AccountantYamaha Motors Kenya 1993 - 1994Nairobi, KenyaAccounting for inventory, raw material and variance analysis. assisting in the preparation of management accounts
Patrick Mbunza Skills
Patrick Mbunza Education Details
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Management Programme -
Cpa -
Accounting -
Finance, General -
Business/Commerce, General
Frequently Asked Questions about Patrick Mbunza
What company does Patrick Mbunza work for?
Patrick Mbunza works for Acumen Professional Services
What is Patrick Mbunza's role at the current company?
Patrick Mbunza's current role is Financial Management expert | Roving CFO | Financial Systems Expert | Management Accounting Guru | Experienced Financial Manager | Experienced Financial & Management Consultant | Experienced Financial Systems Expert |.
What is Patrick Mbunza's email address?
Patrick Mbunza's email address is pa****@****hoo.com
What schools did Patrick Mbunza attend?
Patrick Mbunza attended Jomo Kenyatta University Of Agriculture And Technology, University Of The Witwatersrand, Kca University, University Of Nairobi, Jomo Kenyatta University Of Agriculture And Technology (Jkuat), University Of Nairobi.
What are some of Patrick Mbunza's interests?
Patrick Mbunza has interest in Economic Empowerment, Politics, Poverty Alleviation, Science And Technology, Human Rights, Animal Welfare.
What skills is Patrick Mbunza known for?
Patrick Mbunza has skills like Managerial Finance, Financial Reporting, Business Planning, Budgets, Management, Forecasting, Analysis, Accounting, Account Reconciliation, Finance, Strategic Financial Planning, Internal Controls.
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