About

A chartered accountant and vastly experienced finance professional with 12 years’ experience in various leadership positions across tax, treasury, financial controlling, and commercial finance. Advanced competence to provide financial analysis based on data-driven insights for sound decision making, leverage on technology for continuous improvement for operational efficiency. Specifically, over the last 4 years I have helped consistently deliver sales growth & 40% commercial profitability. Solid team management experience in interviewing, training, mentoring, coaching, performance management, succession planning to motivate teams. Extensive experience working with international organisations in a multi-cultural set-up honing skills to nurture an inclusive work environment, respectful of cultural differences, embrace unique perspectives, and foster a co-creating culture that promotes trust and equitable outcomes for everyone. Excellent communication skills with proven track record presenting boards reports and able to articulate complex concepts in simple presentations Demonstrated unshakable sense of diligence and impeccable execution skills to lead the organization through tumultuous operating environment and various business organization restructuring. Exemplified multi-country leadership of quality reviews within East Africa at KPMG, ERP system implementation, and piloting a multi geography customer dashboard across CARICAM, Africa and CIS markets at GSK.

Skills

  • Finance and Accounting Skills
    10
  • Team management and leadership
    8
  • Audit
    10
  • Implementation of management systems (QMS
    5
  • Financial Reporting
    10
  • Strategic Planning
    7
  • Client Relationship Management
    10
  • Taxation
    10
  • treasury
    10
  • Business Process Improvement
    10
  • business analysis
    10
  • SAP
    10
  •  Excellent report writing and presentation skills
    10
  • Risk Management
    10
  • English and Kiswahili
    10

Experience

kamanguya nguhiu

Work experience
  • Led the finance shared services department to provide financial management services covering payables processing, group monthly reporting, and internal controls.
  • Oversaw SAP implementation which significantly improved the quality of monthly financial reporting. Coordinate fully remote project teams through due diligence reviews, database migration, testing, and deployment.
  • Reviewed the internal controls guidelines with the implementation of the new ERP system to ensure appropriate update of the internal control environment through segregation of duties, institution of appropriate checks and balances.
  • Led the finance team on implementation of the updated internal control framework that enhanced guidelines for safeguarding financial assets through better balance sheet financial risks classification.
  • Revised group reporting processes by ensuring team members had clear understanding of accountable areas through a responsibility matrix, introduced progress meetings issue resolution creating 20% reporting efficiency.
  • Oversee the internal audit process, present quarterly internal audit reports to the country risk management and compliance board, informed the directors of potential risks identified, and update on corrective actions.
  • Slashed supplier complaints by 30% through supervising and coaching the accounts payable team on effective service delivery by adherence to payment terms, promptly resolving supplier queries, building strategic alliances to maintain good business relationships, and safeguarding the corporate reputation.
  • Oversaw the external auditor process to provide timely financial statements for review and cooperation with consultants for regulatory filings for the legal entities within the group.

kamanguya nguhiu

Work experience
  • Drove 6% sales growth on USD 19 million base through apt financial analysis to influence sound business plans, led robust performance reviews that enhanced business unit fidelity to achieve targets set at business planning.
  • Demonstrated excellent stakeholder management and relationship building with heads of department that fostered collaborative working on business management to achieve financial targets.
  • Implemented business continuity plans that helped navigate extraneous COVID-19 environment, ensured safety of the team, kept delivery agile in response to the flux environment, and stemmed sales decline to 15%.
  • Enhanced brand planning by integrating financial thinking and business analysis optimizing resource allocation for ROI, review effectiveness of marketing events and go-to-market strategy, leading to 55% market share, modest growth in a relatively flat market, and maintain market share dominance of key brands.
  • Introduced simplified MS Excel and Power BI dashboards that improved sales forecasting efficiency by 50%, enhanced achievement of forecast accuracy targets, and robust insights generation for global planning.
  • Led the reporting, budgeting, and forecasting cycle by collating budget inputs, reviewing assumptions based on macroeconomics, market insights, and marketing strategy to deliver ambitious and realistic business plans.
  • Built FP&A skills across Emerging Markets by co-steering a platform for knowledge sharing and skills transfer on global planning processes, forecasting, monthly financial reporting, and demand led forecasts.
  • Mitigated customer contracting risks through KYC reviews, supported continuous monitoring and independent audit to ensure compliance with ethical commercial practices.
  • Support the new product introduction and business development opportunities by designing templates for easy and clear financial metrics evaluation usable by key accounts and marketing personnel.
  • Led gross to net (GTN) review project that reviewed the current sales initiatives impacting GTN, identified optimisation strategies and identify USD 0.5 million sales optimisation in 2022 and USD 1 million per annum.
  • Piloted a Power BI customer dashboard that improved understanding of customer needs, enhanced decision support, and sales outcomes. This pilot ran in across the CARICAM, Asian, African, and CIS markets.
  • Supported the business divestments and reorganisations by providing financial impact analyses, correct accounting of divested assets, and support of impacted personnel for smooth career transition.

kamanguya nguhiu

Work experience
  • Developed and lead a team of tax and treasury professionals curved out of the wider finance department. Designed efficient tax structure that enhances tax compliance and mitigated tax exposure.
  • Led the talent development process with tax and treasury through thorough performance appraisals and regular feedback sessions to ensure the right talent pipeline is developed, retained, and promoted.
  • Implemented effective treasury practices to improve working capital management, ensure adequate funding, safeguarding treasury assets, manage the banking experience and key third-party relationships.
  • Demonstrated excellent account management of banking, insurance, and corporate card partners relationships that enabled discussions on service level expectations, quick issue resolution, and negotiation for service pricing.
  • Managed multi-country cash flow across East Africa ensuring timely collection from export account receivable for distribution to settle critical payments such as employee salaries, office rent, and statutory remittances.
  • Improved cash management by mapping cash needs, identifying revenue collection gaps from intercompany trading and invoicing thus unlocking additional cashflows of USD 5 million for project finance.
  • Coordinated with the Global Corporate Tax office to ensure accuracy and timeliness of global tax processes such as transfer pricing reviews, year-end tax JVs.
  • Minimised tax risk by training the accounts payable team, refine finance process to include tax checks, effective management of KRA audits, and ensure cross-border compliance to transfer pricing rules.
  • Enhanced people operations by process management of the talent review cycle, propose job enrichments or role changes to ensure proper succession planning and motivating retention of key talent.
  • Championed process automation by introducing of an automated forex trading solution that managed FX risks and pioneered an online travel system enabling 100% transition for booking and travel reconciliations.
  • Reconstructed branch accounts from 2008 inception, prepare IFRS compliant financial statement, collaboration with external auditors to complete financial audits and update regulatory filings for the Tanzania branch.

kamanguya nguhiu

Work experience
  • Senior Advisor at   KPMG
  • Accountable for delivering outstanding tax services and account management to a portfolio of clients cutting across manufacturing, financial services, healthcare, and energy. Provide leadership to the client services teams.
  • Leveraged on good relations and strategic alliances with KRA to fast track the follow up, processing, and release of USD 7 million tax refunds owed to various clients.
  • Participated in new business proposal preparation of USD 3 million with a 70% success rate.
  • Initiated performance management process for 15 team members that supported the talent development.
  • Supported the due diligence process for business reorganizations by providing accurate valuation of tax assets and liabilities that builds into the acquisition valuation pricing.
  • Facilitated bespoke tax trainings for up to 15 client staff per session that allowed in-depth discussions and knowledge sharing on tax best practices and the changing tax landscape.
  • Managed the receivables risk by chairing weekly credit meetings to ensure timely collection on delivered projects resulting in minimal credit risk at 5% of total receivables.
  • Supervised the internal audit review process in KPMG East Africa for 1 year and ensured adherence to standard quality control procedures and ethical standards granting renewal of franchise operating license.

kamanguya nguhiu

Work experience
  • Advisor at   KPMG
  • September, 2011 - September, 2013
  • Fulltime
  • Fostered relationships with revenue authority officers through cordial interaction and maintaining open communication channels leading to amicable dispute resolution.
  • Delivered technically sound cross cutting tax advice in line with the client requirements against the current business model and tax legislation.
  • Conducted comprehensive tax planning reviews across all tax heads through thorough reviews of income statement and balance sheet to determine the tax health status of companies.
  • Scheduled internal trainings for up to 30 staff per session. Preparation of training materials, coordination, and facilitation of the internal technical training sessions on tax best practices.
  • Identified new business leads from existing clients by engaging with key client personnel to understand their needs. This translated to new business of USD 1 million.
  • Established good relationships with country revenue authority and National Treasury officials that allowed for smooth processing of client requests and amicable resolution of tax disputes.

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