Mwananchi Credit LimitedHead of Finance
Aug. 2023KenyaAs the Head of Finance at Mwananchi Credit Limited, I lead the finance department in optimizing financial operations, ensuring regulatory compliance, and driving strategic cost management. I oversee liquidity and cash flow management, ensuring financial stability and efficiency. Through effective leadership, I have streamlined collections and recoveries, significantly reducing Portfolio at Risk (PAR) while enhancing overall cash inflows. My role includes spearheading budget development, monitoring variances, and implementing cost-saving initiatives that have optimized operational expenses. I also oversee internal and external audits, mitigating financial and legal risks. By leveraging financial technologies, I facilitate remote collaboration, ensuring seamless financial reporting and strategic decision-making. πππ² πππ‘π’ππ―ππ¦ππ§ππ¬: 1. Reduced Portfolio at Risk (PAR) to below 7%, improving overall portfolio quality and cash inflows. 2. Led liquidity and cash flow management, achieving a 33% reduction in cash shortages. 3. Spearheaded cost optimization initiatives, resulting in a 13% decrease in operational expenses. 4. Strengthened regulatory compliance, ensuring 100% adherence to tax and financial regulations.