Everlyn Nandieki

Current Role 2017- To date:
• Reporting to the CEO - Strategy formulation and implementation.
• Implementation of business strategy with focus on liquidity & Cash Management, Funding & Investment management, and Risk management for business sustainability to ensure profitable growth, and positive Working Capital within East Africa region.
o Kenya business - Implementation of Turnaround strategy - Restructuring
o Tanzania and Uganda - Working capital management strategy
- Project Lead for all strategic projects implementations in the region.

HACO Tiger Brands - EA
Key Responsibilities:
• Implement agreed business strategies.by providing leadership through co-ordination and supervision of the implementation of Finance project “Cashless Project” through process simplification strategy.
• Develop a clear strategic plan on the implementation of the digital project with detailed programme on delivery time for adaption and approval by the leadership team.
• Develop a deliverable programme, project road map and process flow detailing the project activities for approval and acceptance by the stakeholder and ensure the quality meets the standards and regulations with controls.
• Leads, facilitates, and executes all project day to day operation through meetings with the partners and follow up on the actions. (E.g. status meetings, risk/issue meetings, etc.).
• Manages client expectations and drive the project team to execute with discipline in order to meet scope, schedule, and budget objectives.
• Co-ordinate & facilitate training for change management to drive continuous process improvement to minimize resistance and manage users’ expectations through team work, and coaching as trainers of trainers.
• Understands complex issues and able to break them down into simpler components and assign these components to the project team to ensure that all team members are fully engaged and utilized.
• Collaboratively, communicates effectively with the service providers, with team members, both internal and external users to ensure consistency and effectiveness of the digital payment change process.
• Proactively identifying, analyzing, tracking, mitigating, and responding to project risks and concerns.
• Preparation of management statistic reports, Monthly administration project budget, Maintain the fixed asset register and reconcile the sub-ledger and general ledger on a monthly basis
• Liaise with the Facilities Unit bi-annually to conduct asset checks as per the asset register scheduling expenditures, analyzing variances and initiating corrective actions and Manage problem resolution and/or escalation processes within area of responsibility to ensure completion of the project.
Key Project Milestones:
• Rolled out Digital payment and Receipts processes in Unilever Kenya & Tanzania.
• Formulation of project Committee TOR and ensuring that PC members are trained
• Engaging all stakeholders within the business units with 9 factories and 7 estates, to get their inputs such that we come up with a process that is satisfactory to everyone with 17, 000 users.
• Contract sign-off between the Business and Service provider by the board by ensuring the partners understand deliverables of the project and there is no exposure to the business.
• Development of the Master data in a specific format with more than 17, 000 employees with their personal information including the mobile numbers that can be used for payment process with controls.
• Delivered the Project on the Due date and within the budget as a team & clean audit report.
• Management of user’s anxiety and expectation of the project to remove bottle neck through change management.

Key Responsibilities:
• Provide leadership through co-ordination and supervision of the implementation of Finance project “Cashless Project” through process simplification strategy.
• Develop a clear strategic plan on the implementation of the digital project with detailed programme on delivery time for adaption and approval by the leadership team.
• Develop a deliverable programme, project road map and process flow detailing the project activities for approval and acceptance by the stakeholder and ensure the quality meets the standards and regulations with controls.
• Leads, facilitates, and executes all project day to day operation through meetings with the partners and follow up on the actions. (E.g. status meetings, risk/issue meetings, etc.).
• Manages client expectations and drive the project team to execute with discipline in order to meet scope, schedule, and budget objectives.
• Co-ordinate & facilitate training for change management to drive continuous process improvement to minimize resistance and manage users’ expectations through team work, and coaching as trainers of trainers.
• Understands complex issues and able to break them down into simpler components and assign these components to the project team to ensure that all team members are fully engaged and utilized.
• Collaboratively, communicates effectively with the service providers, with team members, both internal and external users to ensure consistency and effectiveness of the digital payment change process.
• Proactively identifying, analyzing, tracking, mitigating, and responding to project risks and concerns.
• Preparation of management statistic reports, Monthly administration project budget, scheduling expenditures, analyzing variances and initiating corrective actions.

Key Responsibilities
• Identify, access, analyse and prioritize all risks that the company may be exposed to and co-ordinate all activities to minimize, monitor, transfer and control risks.
• Review and recommend the adoption of appropriate insurance policies in the context of business risks and in liaison with the appointed insurance broker for all the business assets.
• Administration of all Insurance Claims in the Region and ensure the business gets value for its money on premiums paid.
• Manage Unilever Assets over 100m Euros in risk management of Life and General Insurance policies.
• Manage the annual Insurance Renewal process through tendering and awarding of the policies to the qualified brokers with integrity.
• Prepare and manage Insurance budget in the Region and analysis of any variance to the Leadership Team.
• Ensure all the Premiums are well analyzed as per the agreed rates and paid on time to the Insurance brokers and maintain a good working relationship with all the stakeholders
• Carry out risk Assessment analysis of the insurable assets of the business and advise the management accordingly of any future exposure.
• Ensure continuous assessment of the qualities of global suppliers of Insurance, brokerage and insurance consultancy are maintained as “Preferred Providers” listing.
• Develop and update insurance register of all policies with their appropriate local insurance covers for the business & their performance due date to monitor all insurance claims & associated recoveries.
• Advise the top leadership team with any the legal regulatory and financial developments in the insurance industry.
• Maintain Insurance relations with the broker and all our providers and update the Global insurance Manager on matters of insurance as and when they arise.
• Key partner & supplier relationships are maintained with: sector strategic suppliers
Key Project Milestones:
• Implemented the centralisation of Insurance services in the region by aligning all the policies to the standardised Global policy in all the 7 countries.
• Passed Insurance policy compliance Audit on all policies in the region at 99%
• All claims were paid on time from 45% to 98% by the underwriters which improved working capital.

Supervising: Regional Cashiers 2

Key Responsibilities
• Manage company liquidity through accurate forecasting and planning to meet arising obligations.
• Management of multi-currency processes, including foreign exchange transactions and hedging
• Manage cost of capital and ensure proper bank facilities are in place with the banks for different financing needs and advise the management
• Support the GTC dealers by booking forex deals in the treasury dealing kit and ensure proper funding of the accounts for deals to be processed.
• Maintain a close relationship with the partners, & follow up on queries raised, update the GTC team on all matters on treasury.
• Ensure compliance to policy and internal controls in Treasury
• Prepare monthly and quarterly cash forecast, Liquidity requirements and foreign exchange exposure report for the leadership team
• Manage financial risk, forex exposure through hedging in line with the forex policy and ensure exposure is within mandated limits.
• Ensure control of bank access and SAP approval access by managing addition and deletion of signatories
• Monitor bank balances on the Daily Net Liquidity Funds report to ensure balances are within global counterparty limits and for daily decision-making.
• Manage the supplier financing arrangement with the banks and any other similar initiatives on cash management
• Update the business leadership on economic changes including currency, inflation and government regulations.
• Prepare the month end closure and reporting, supervise the cash office staff by ensuring cash counts are done as per the policy.
• Relationship Management with the banks through monthly bank performance review meetings to ensure all the queries are addressed on time.
• Processing bank letters for signatories, letters of credit and guarantees and any letter for instructions to the bank.
Key Achievements:
• Facilitated in the centralization of Treasury services to the global office in Netherlands effectively and efficiently.
• Introduced investment opportunities for the excess funds through the Financial markets with the banks and earned the business an income of over Euro 900k per annum.
• Introduced Dailey Net Liquidity report for the leadership team.

Analyse daily cash and bank balances to ensure sufficient funds to cover due payments of all local and overseas creditors
Analyse and prepare Loan report for all the staff and follow up on Repayments.
Analyse monthly bank charges, Finance cost report for the leadership team.
Carry out audit checks in the company cash office.
Reconcile weekly & monthly bank accounts for approval.
Reconcile withholding tax, interest earned on fixed deposits and current accounts and follow up on withholding tax certificates.
Responsible for audit queries relating to bank transactions, interest income and withholding tax.
Key Achievements:
Ensure all reconciling items on the Bank statement are cleared before the next month.

Implement “Cost cutting project” headed by the Financial Controller and ensuring that all the capital investment projects are fully implemented as per the budget.
Manage and analyse departmental budget and with explanations on variances to the respective manager’s.
Prepare monthly report: the KPI - Key performance Indicators for the Finance function.
Prepare board presentations for the Finance Director and any assignment given by the Financial Controller.
Analyze the General ledger indirect cost to look for opportunities for savings.

Key Achievements:

Developed and introduced a monthly Trading results booklet with a summary of the top line and bottom line information used by the board for decision making electronically.

Analyse the advertising and promotional cost for the Marketing function per brand.
Analyze the media operating costs and explanations for the variances on all the brands per channel.
Liaise with the Market Research services provider on the annual programmes and monitor the brand trends and ensure quality of information.
Prepare Customer and Consumer complaints report and liaise with the marketing team for product replacements.
Prepare the brand operating plan for the marketer’s decision making.
Key Achievements:

Through effective monitoring of the media programme, managed to get free advertising spots in the month of December on all the brands for Kes. 10m.
Automated the Brand Operating Plan report for the Marketing Team for decision making

Co-ordinate and Participate in the Management Accounts activities for the month end closure
Ensure Stock reconciliation’s are done monthly
Reconcile the Material Yields report monthly for the purpose of accounting for the material wastage from the material used
Manage monthly and quarterly stocktaking exercise in all the distribution centres in the country and ensured all the stock sheets are reconciled to the books
Participated in the Trading results exercise with the analysis and consolidation of the Estimated Budgets vs. actual
Preparation of monthly reports for Total Company Sales to the Head office in UK

Post journal entries to the general ledger
Analyse ageing creditors and reconcile creditor’s accounts.
Payment of customer’s invoices via banker’s cheques and Sun Systems.
Reconciling suppliers accounts monthly and clear any outstanding issues.
Sales Accounts - Assistant
Reconcile petty cash, monitor bank balances on daily basis and reconcile bank accounts.
Prepare weekly wages for casual payments every Friday on time.
Prepare sales invoices on time, reconcile debtors accounts monthly.
Analyse and follow up on Debtors ageing report to manage cash flow.
Prepare an accurate and timely sales reports and third party exports report to the management.
Follow up on the customers bounced cheques.