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Work Background
Equity Bank LimitedGroup Tax Manager
Oct. 2024Nairobi County, KenyaMy current role entails tax compliance and support across six African countries: Kenya, Rwanda, Uganda, Tanzania, South Sudan, and the Democratic Republic of Congo. My work encompasses various industries, including banking, telecom, insurance, and healthcare where I provides strategic support in tax governance, risk management, and regulatory compliance.
Safaricom PLCTax Manager
Jan. 2016 - Jun. 2025Nairobi, Kenya𝐊𝐞𝐲 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬: ●Managing the income taxes of the group of companies and reporting the business' income taxes. ●Providing efficient tax planning and business advisory services in compliance with tax legislation changes ●Performed tax analysis of the Pay-As-You-Earn (PAYE) scheme for 20 expatriate staff from the UK, South Africa, Germany, India, and Egypt, serving on secondment. ●Overseeing the company's monthly tax compliance processes and in this regard also managing the withholding tax, VAT, and import taxes and levies. ●Liaising with the revenue authority in tax matters as well as audit support for both internal and external audit. ●Tracking and analyzing the impact of changes in tax legislation and tax regulatory framework on Safaricom's business and Advising on opportunities as well as a required course of action. ●Training staff in business units to equip them with the necessary skills for tax optimization in their areas. ●Providing tax advice on products, business cases, and contracts. 𝐊𝐞𝐲 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬: ●Fostering an ethical and compliant organization with oversight on monthly multi-country tax compliance processing approximately USD 1 billion in annual tax payments. ●Led Statement of Accounts cleans up, resulting in a waiver of tax penalties under USD 120M . ●Defended the VAT assessment by the revenue authority with proof of facts, thereby nullifying the assessment of USD 40M . ●Delivered eficiency in stakeholder tax compliant payments from a monthly cycle to weekly in liason financial systems and payment team. ●Successfully objected to tax assessments for 2020 in collaboration with a consultant, resulting in the waiver of USD 4M in penalties. ●Reduced crystallized assessment to 1% in 2022 by working with consultants to defend assessments.
Safaricom PLCFinancial Reporting Manager
Apr. 2013 - Dec. 2015Nairobi, Kenya𝐊𝐞𝐲 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬: ●Prepared monthly Trial Balance, General Ledger, and subsidiary ledger accounts per the relevant accounting standards (IAS, IFRS, and GAAP). ●Provided reports, ad-hoc cost analysis, and annual operating budgets. ●Provided the company budget holders with monthly actual costs promptly. ●Created weekly financial report dashboards and presented the results to management. ●Assured the business of the integrity of all the financial statements month on month and the final audited financials. ●Consolidated and prepared cost center reports for both Opex and Nopex, providing an analysis of the drivers of costs. ●Ensured smooth running of month closure while adhering to the set accounting standards and timelines. 𝐊𝐞𝐲 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬: ●Added cutting-edge technical capabilities (intercompany and subsidiary company modules) and safeguarded book balance integrity in ERP data migration. ●Building and enhancement of stakeholder relationships through monthly collaboration meetings with the finance business partners. ●Provided financial oversight on USD 350M in OPEX and NOPEX. ●Trimmed unsupported accruals by 30% leveraging on weekly section-based dashboards. ●Tightened financial controls and delivered 20% overall cost savings through cost optimization. ●Successful implementation of IFRS 16 and IFRS 9 aligning rent and revaluation of cash equivalents respectively.
Safaricom PLCSenior Accountant, Financial Services (M-PESA)
Nov. 2009 - Mar. 2013Nairobi, Kenya𝐊𝐞𝐲 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬: ●Availed M-PESA float to the market and retail shops from bank deposits. ●Processed M-PESA agent withdrawals from M-PESA to the bank and daily bank reconciliation. ●Ensured that M-PESA agent commissions were paid every month. ●Invoiced and reconciled the International Money Transfer (IMT). ●Provided support in the upgrade of the M-PESA system (pre and post-upgrade testing). ●Developed internal M-PESA finance processes for bank reconciliation, float management, commission payout, and settlement. ●Implemented a settlement process that significantly reduced the SLA timeline for Western Union and improved reporting requirements. ●Performed the analytics and reviewed the monthly financial reporting package for M-PESA. ●Analysed new products being introduced in M-PESA to ascertain their financial viability. 𝐊𝐞𝐲 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬: ●Mitigated revenue leakages by 40% and improved overall business profitability through introduction of a commission claw-back mechanism. ●Accelerated market turnaround time by 35% via streamlining Cash to e-Money conversion through diligent KPI monitoring. ●Leveraged automation of commission payments to reduce processing time from five days to same-day payout, resulting in 90% efficiency improvement.
Safaricom PLCAccountant Treasury & Tax
Feb. 2008 - Oct. 2009
Jikaze Investments Accountant
Jul. 2007 - Dec. 2007
Jikaze InvestmentsAccountant
Jul. 2007 - Dec. 2007
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