Isaac Simidi

Duties and Responsibilities.
1. Financial Planning, Budgeting & Forecasting
• Prepare, manage, and monitor the companys annual budget across all departments.
• Allocate funds effectively across departments and business units.
• Provide financial forecasts to support strategic planning and decision-making.
• Analyze variances between actual and budgeted figures, and recommend corrective actions.
• Coordinate with HR to ensure alignment between financial and personnel records.

2. Audit Preparation & Compliance Reporting
• Support internal and external audits with timely documentation and responses.
• Implement audit recommendations to improve compliance and accountability.
3. Financial Reporting & Analysis
• Prepare and present accurate monthly, quarterly, and annual financial statements.
• Consolidate financial data from all business units and branches.
• Provide cost-benefit analysis for projects and capital investments.
• Offer insights to senior management to support performance evaluation and strategic growth.

4. Accounting & Bookkeeping
• Maintain accurate and complete financial records, ledgers, and journals in compliance with accounting standards.
• Reconcile bank statements, vendor accounts, and inter-branch transactions.
• Ensure integrity, completeness, and consistency of financial data across operations.

5. Tax Management & Compliance
• Prepare and file statutory tax returns (VAT, PAYE, Withholding Tax, etc.) on time.
• Ensure full compliance with KRA regulations and respond to inquiries or audits.
• Maintain updated tax records and support audits or tax assessments.
• Ensure compliance with agriculture, health, labor, and environmental regulatory bodies.

6. Financial Controls & Risk Management
• Implement and enforce strong internal controls over spending, revenues, inventory, and assets.
• Identify financial and operational risks and propose mitigation strategies.
• Monitor exposure to input shortages, FX fluctuations, and price volatility.
• Support insurance processes for operational disruptions or asset losses.

7. Payroll & Employee Compensation
• Process monthly payroll for 150+ employees, including statutory deductions and benefits.
• Maintain accurate records of salaries, bonuses, overtime, loans, and advances.
• Ensure compliance with labor laws and timely remittance ofstatutory obligations.

8. Cash Flow, Petty Cash & Treasury Oversight
• Monitor overall cash flow and ensure liquidity for operational needs.
• Oversee petty cash usage, ensure proper documentation, and manage timely replenishment.

9. Procurement Oversight & Vendor Management
◦ Coordinate procurement from suppliers.
• Review and manage supplier contracts for cost-effectiveness and timely delivery.
• Analyze purchasing trends and suggest cost-saving opportunities.

10. Inventory & Fixed Asset Management
• Conduct regular stock takes and reconcile inventory data across locations. Monitor inventory levels and maintain stock records.
• Maintain and update a fixed asset register, including tagging, depreciation, and disposals.

11. ERP & Systems Oversight
• Collaborate with IT/ERP teams to ensure proper setup and configuration of financial modules.
• Ensure financial data integrity within ERP systems across branches and departments.
• Resolve system issues and reporting inconsistencies in coordination with IT.

12. Branch & Operational Finance Oversight
• Support branch-level finance teams to maintain consistency in accounting practices.
• Evaluate operational costs across branches and recommend efficiency improvements.
• Ensure alignment of branch reporting with head office requirements.

13. Office Administration & General Operations
• Assist in recruitment, onboarding, staff induction, and training coordination.

1. Risk Assessment
• Identify and assess potential risks within each branch across Kenya, including financial mismanagement, fraud risks,
operational inefficiencies, and compliance gaps.

1. Executed external auditsfor five clients across diverse sectors, ensuring accuracy, compliance, and timely completion.
2. Handled bookkeeping and preparation of complete financial statements for various client companies.
3. Performed auditsupport functions, including evaluating accounting systems and identifying discrepancies or inefficiencies.
4. Verified and reconciled accounts receivable, accounts payable, and general ledger entriesfor accuracy.
5. Analyzed and assessed balance sheets, income statements, and supporting schedulesfor audit reliability and consistency.
6. Processed monthly payroll for multiple clients, ensuring accurate calculations and timely remittance.
7. Filed statutory returns including PAYE, NHIF, NSSF, VAT, NITA, and AHL in compliance with regulatory timelines.
8. Ensured that accounting records and books were maintained in line with industry standards and internal controls.
9. Prepared detailed auditreports and working papers supporting audit conclusions and opinions issued to clients.