ABOUT Abednego Kivungi

Co-Founder of the Firm

Partners
Phone: 0726 741329, 0731 331124

OVERVIEW

The co-founder, a certified accountant and Chief accountant in our accounting department. Strategic and competent Finance and Accounts Professional whose main area of experience is in the finance and accounting sector, with expertise in financial compliance and internal controls, business revenue development, client service as well as cost-effective approach of solving issues.

PROFESSIONAL EXPERIENCE

With experience from Family bank, Kwale water and sewage company, Revital Healthcare (EPZ) and Africa Safari Club in his career journey he has proved to be eligible and effective in his operations.
Having over 12 years of professional experience concentrated in auditing, internal controls, and variance analysis and budget management; having worked in the various accounting roles. Proven track record in executing successful accounts management, budgeting and reviews; having gained an academic knowledge in the related fields.

EDUCATIONAL BACKGROUND

Acquired the CPA K Kasneb certification at Times Training Centre.
CPA 3, 4, 5 with Times Training Centre.
CPA 2 with Star institute of Professionals.
Kasneb certificates at Mombasa school of Accountancy.

CURRENT PRACTISE AND SERVICE AREAS

  • Financial Management: Assisting in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll.
  • Cash Flow Management: Paying out of petty cash and requesting for reimbursement when the cash fell below the required float; followed up on the unaccounted vouchers within day to day activities.
  • Inventory Management: Handling accountable books; ensuring availability of enough filing materials with total adherence to accounting standards in filing.
  • Reconciliations: Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted. Verified discrepancies, resolved billing issues and visited the customers time to time.
  • Directly supervision of staff under receivables (invoicing clerk, returns clerk and archiving clerk), as well as carried out supervisory responsibilities in accordance with the organizations’ policies and applicable laws. Successfully improved various process plans through continuous improvement initiatives geared at standardized, error free and lean processes.
  • Auditing: Prepared all supporting information for the annual audit with the approved external auditor. Ensuring compliance to all internal audit reports recommendations, reconciliation of withholding tax with I tax. Supervised and participated in the preparation of financial statements and reports.
  • Statutory Compliance: Ensured that all statutory requirements are met including Withholding tax payments, Income Tax, VAT, NHIF, NSSF and other deductions and remittances for the staff with outstanding loan balances.
  • Company Secretarial Services; incorporation of both local and foreign companies and business names; preparation and filing of statutory returns; transfer of shares, increasing or reducing share capital and allotments.