About

I am an experienced result oriented professional, (BBM honours-Finance, CPA-K), Member with Accounting professional body(ICPAK) with in depth know how and skills in financial management & Accounting. I have expansive knowledge of over 15 years’ experience in Financial management, Treasury functions

Skills

  • Accounting
  • Customer service
  • Finance
  • Management
  • Procurement

Recommendations

See all

Marylucy Magwambo

 9/26/2024
10

"Salutations to Dennis Mauti. He leads with resilience, Inspiration and determination. With vast years of experience in the finance field, I recommend Dennis ability to exceptionally deliver, highlighting his commitment to excellence and leadership."

Maxwell Mauti

 6/14/2023
10

"Dennis Mauti is a qualified ICPAK and very industrious. I recommend him for the post "

Experience

Dennis Mauti

Work experience
  • # Helped resolve unreceipted 3months’premiums backlog which ensured timely allocations. Thisreduced the time and efforts to close off debtor/creditor annual balances of USD 9Million.
  • # Daily cashflow management reporting of 25 active bank accounts making investment decisions fasterbecause of the confidence and reliability of the daily bank reconciliations.
  • # Helped reduce unpaid supplier balances backlog of USD 5Million which enhanced support and goodrelationship with our service providers.Manage the day-to-day operations and processes of 2 directreports.
  • Key Contributions & Deliverables
  • # Improved reimbursement procedures and staff advances timeframe by 10% while overseeing pettycash management, and timely replenishment.
  • # Increased investment returns by 5% through improved maintenance of Fixed Assets register andthrough maintenance of a cash position report that shows the cash balances in our various bankaccounts.
  • # Reduced management reporting time frame by 50% by instituting timely monthly bank reconciliations.
  • # Reduced end month closures by 15% by posting payment transactions and passing general ledgerpostings into the ERP system.
  • # Reduced archiving costs by 25% through batching and filing of finance documents securely and in anorganized manner in shared folders via cloud storage.
  • # Enabled the company to maintain 90% business retention, through maintaining monthly closures,accruals, and prepayment listings/schedules, and through maintaining

Dennis Mauti

Education
  • BBM - (Finance & Banking Option)

Dennis Mauti

Work experience
  • # Increased premium collections and business growth by 5%, through proficient management ofmonthly Agency Commission and
  • administration for IL business.
  • # Improved replenishments procedures and staff advances timeframe by 25% whilst overseeing pettycash management, disbursements, and timely replenishment.
  • # Reduced management reporting time frame by 10% by instituting timely monthly reconciliations ofannuities, claims and pension withdrawals.
  • # Achieved 100% postings accuracy by seamlessly training, motivating, and supervising interns andsubsequently reduced monthly reconciliation time by 10%.
  • # Maintained a 100% statutory compliance by adhering to requirements in reporting and filing returns toKRA, IRA, PHCF, NHIF, and NSSF.
  • # Reduced tender time assignments by 5% through timely processing of tender Bid Bonds and bankreference letters.
  • # Enabled the company secure discounts and maintain 95% business retention, through seamlesslyoverseeing and maintaining monthly responsibilities including closures, accruals, and prepaymentlistings/schedules, and through maintaining supplier listing, relationship, and contracts renewals at bestterms.
  • # Increased investment returns by 10% through improved maintenance of Fixed Assets register andthrough negotiating better FX rates in combination with processing of funds for investment (CD’s &FD’s).

Dennis Mauti

Work experience
  • February, 2011 - February, 2014
  • Fulltime
  • # Made a significant, 20% reduction in unaccounted advances, from KSh. 25M to 20M in Yr. 2013 to2014, by
  • skillfully managing processing and disbursement of petty cash, and encashment.
  • # Increased service delivery efficiency by 50 % by expertly overseeing the processing andreplenishment of weekly petty cash for over 15 branches countrywide amounting to KSh. 2Million.
  • # Reduced bank charges and costs by 15% through instituting processing of suppliers’ monthlypayments (over
  • KSh 30M) via EFTs & RTGS with minimal rework/delays.
  • Key Contributions & Deliverables
  • # Reduced end month closures by 10% by expertly coding and posting payment transactions andpassing general ledger postings into the ERP system.
  • # Maintained 99% reliability of documents used in audits by ensuring that payment documents andrequisition forms were fully authorized and correctly coded.
  • # Attained 100% compliance on statutory deductions (no fines / penalties) by adeptly processing andprinting manual cheques and vendor payments.
  • # Successfully reconciled inter-company transactions and ensured they are captured in the correctperiods.
  • # Attained a 100% timely disbursement record for cheques to the branches after they had been fullysigned.
  • # Reduced archiving costs by 5% through batching and filing of finance documents securely and in anorganized manner.

Dennis Mauti

Work experience
  • Key Contributions & Deliverables:
  • # Effortlessly processed Payroll of 10,000+ G4S unionized employees with a monthly net pay of KSh.10M whilst ensuring prompt pay-slip printing & disbursement of payroll benefits.
  • # Maintained a 100% statutory/regulatory compliance in processing and filing of statutory payments andreturns respectively.
  • # Increased efficiency in service delivery by 50% through introducing weekly processing andreplenishment of Petty Cash for over 15 branches amounting to KSh 1M subsequently reducing delays.
  • # Maintained 100% payroll and statutory compliance by carefully posting authorized data into the payrollsystem and entering general Ledger postings.
  • # Achieved 100% accuracy in final dues computations for employees exiting the company.
  • # Maintained 100% record proof for dispatch

Dennis Mauti

Work experience
  •  Conducting audit assignments, as planned by the partner andauditmanagers.
  •  Preparation of audited financial statements and drafts in accordance withtheIFRS’s and IAS’s.
  •  Preparation of audit files in accordance with IFRS’s and IAS’s forsubsequentreview by the partner and audit managers.
  •  Preparation of P&L statements and monthly closing reports and resolvingaccounting discrepancies.
  •  Analyzing revenue and expenditure trends and recommendingappropriatebudget levels.
  •  Posting cashbook and petty cash entries and re-performingbankreconciliations.
  •  Record Keeping, performing stock take, maintenance of fixed assetregisters,computations of tax and filling tax returns with KRA.
  •  Other duties as assigned e.g. writing weekly staff minutes.

Marylucy Magwambo

 9/26/2024
10

"Salutations to Dennis Mauti. He leads with resilience, Inspiration and determination. With vast years of experience in the finance field, I recommend Dennis ability to exceptionally deliver, highlighting his commitment to excellence and leadership."

Maxwell Mauti

 6/14/2023
10

"Dennis Mauti is a qualified ICPAK and very industrious. I recommend him for the post "