Jacob Nyandoro Mogire

- Oversee the monthly Consolidation of the Group accounts as per the IFRS & also ensure compliance with organisations accounting policies
- Lead, Manage & Monitor the accounting functions - General Ledger, Accounts receivables & Payables and Other records
- Preparation of the Group budgets, Perform monthly Variance analysis and generate Performance review reports on actual VS Budgets figures, to identify deviations and corrective steps to be taken whenever necessary.
- Working capital Management of Cash and Cash equivalents, Fuel on Transit, debtors and creditors.
- Recalculation & Review of fuel losses on transit and at storage facilities for claims
- Ensure all Trade Finance requirements of the company are met i.e. Letters of Credit & Performance bond guarantees are met
- Liaise with auditors for annual audits and ensure various schedules are accurate according to the respective national (Indemnity / leave accruals / prepayments and work in progress)
- Performance of Risk Analysis and Project appraisals for all prospective projects and report to the management on outcome as well as regular Strategic review of the companies strength and weaknesses
- Create and oversee the culture of internal control within the Finance & Accounts department as required by the corporate governance code

Notable Achievements
* Negotiated for better terms of payment with customers by offering early settlement discounts while saving on high interest charges on unsecured loans with the banks
* Introduced & Trained the Finance team on its role of Corporate Governance code

- Performed intercompany account reconciliations
- Together with the QA/QC prepared & accumulated all costs and generated progress billing invoices for Work in progress
- Ensure all contract work, variations are being invoiced and documented
- Preparation of payroll for all employees and reconciling with the man hours charged to respective projects
- Working with Internal Audit department for Internal Audits
- Maintaining of site petty cash for urgent materials requirements and documenting for justification
- Maintained fixed asset register for assets used in the site and allocate therein costs to respective projects
- Initially hired as an accountant, and soon promoted as Sr. Project accountant due to my performance within 6 months

- Responsible for the periodical preparation and review of annual budgets with supporting individual budgets - Cash budgets, Project budgets, forecasting, business plans, cash flow statements
- Monthly finalisation of books of accounts and reporting to the head office in Germany as per the IFRS
- Assisted in the preparation and submission of Project Bids / Tenders
- Tasked with the ISO certification of the company and well as carried out internal Control Self Assessment ( CSA) as required by the group
- Headed the finance and accounts department of a team of 3 employees
- Ensured proper, accurate and timely invoicing of clients on projects undertaken; Worked with auditors for annual audits and


Notable Achievements
* Effectively reduced on average 20% of most project costs within 6 months by reducing idle time and appraising managers through project profitability
* Commended for increasing revenues by introducing long term service contracts with the customers

- Accounts Receivables and Payables Aging Analysis and follow up
- Preparation of Bank reconciliation statements
- Preparing and executing of International wire transfers and follow up of incoming payments with the bank
- Responsible for all Import & Export documentations and refund applications / collections for Dubai customs payments
- Assist with passing of quarterly, Half yearly and yearly journal entries
- Prepare audit schedules and assist with audits
- Was involved in the implementation of Focus ERP system in the company
- Transfer of data from manual system to computerized system