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Nicholas Gichangi

Nicholas Gichangi

Senior Finance Manager

Highest degree :

Masters

Field of study :

Finance

Location :

Kenya

Citizenships :

Kenyan

Experience :

17 Year(s)

Countries :

Kenya, Nigeria, Rwanda, Namibia

Gender :

Male

Sectors :

Banking operations, finance

NGO

Ngo management

NGO, Private Enterprises

Dynamic and results-oriented Senior Finance Manager with over 17 years of experience driving financial performance and strategic decision-making across companies in for-profit and non-profit industries. Proven expertise in budgeting, forecasting, financial reporting, donor/stakeholder engagement, and team leadership. Adept at implementing financial systems, improving controls, and guiding cross-functional teams to achieve business goals. Trusted advisor to executive leadership with a track record of delivering value through data-driven insights and compliance excellence.

Experience

Senior Finance Manager

Nairobi-Kenya

iHUB Limited

December 2024

-

Present

• Collaborate with the CFO to evaluate organizational performance against the annual budget and long-term strategic goals. • Provide actionable recommendations to enhance operational efficiency and strategic decision-making. • Analyse market trends and operational data to identify opportunities for cost reduction and revenue growth. • Lead the preparation of operational and capital budgets based on past, current, and forecasted financial data and conduct variance analysis and cash flow assessments, recommending modifications as necessary. • Maintain financial records for each project in a manner that facilitates management reports. • Provide accurate and timely reporting on the financial activity of individual projects. • Oversee the preparation of internal and external financial reports, including those required by government and regulatory bodies. • Implement and ensure compliance with internal financial and accounting policies and procedures. • Oversee the general ledger, accounts payable, accounts receivable and payroll. • Manage the acquisition of capital assets and ensures that they are properly recorded. • Ensure timely submission of all required reports, including tax filings, and cost reports. • Ensure that all statutory requirements of the organization are met including withholding payments, Income Tax, VAT, Employee Benefits (Pension and Health Benefits). • Coordinate external audits to maintain transparency and compliance. • Work with management to monitor risk management policies and procedures to ensure that program and organizational risks are minimized through effective controls and checks. • Evaluate accounting processes for quality control and improve methods to streamline workflows and ensure timely collections.

Finance Manger

Nairobi-Kenya

iHUB Limited

December 2022

-

December 2024

• Oversee the preparation and analysis of financial statements, ensuring accuracy and compliance with accounting standards. • Develop and manage budgets, forecasting future financial performance and identifying areas for cost reduction. • Implement financial controls and procedures to enhance financial integrity and reduce risk. • Developed financial systems infrastructure for the organization and the startups under the acceleration and incubation programmes. • Lead a team of 5 finance professionals, providing training, support, and performance evaluations. • Collaborate with senior management to develop and execute strategic financial plans. • Prepare and present detailed financial reports to stakeholders, highlighting key metrics and insights.

Finance Associate

Nairobi-Kenya

iHub Limited

May 2021

-

December 2022

• Assisted in the preparation of budgets and financial forecasts, analysing variances and providing recommendations for improvement. • Conducted detailed financial analysis to support business decisions and strategic planning. • Conducted monthly statutory filing to ensure regulatory compliance. • Coordinated with external auditors to ensure timely and accurate completion of annual audits. • Prepared and managed the company payroll. • Monitored cash flow, ensuring sufficient liquidity for operational needs and investment opportunities.

Finance, Accounting and Grants Management Trainer

Nairobi, Kenya

Devimpact Institute

October 2018

-

April 2021

• Trained on financial management, grants management, computerized accounting packages (Quick books, Sage and Pastel) for NGOs and commercial enterprises. • Assisted client companies in preparation of business proposals, budgets, cash flows and financial statements. • Reviewed and advised clients on their financial management processes, internal controls, company processes and procedures, statutory compliance and taxation.

Chief Accountant

Nyeri, Kenya

Caritas Nyeri

April 2017

-

September 2018

• Oversaw preparation and analysis of financial statements, ensuring accuracy and compliance with accounting standards. • Developed and managed budgets, forecasting future financial performance and identifying areas for cost reduction. • Implemented financial controls and procedures to enhance financial integrity and reduce risk. • Developed financial systems infrastructure for the organization and the startups under the acceleration and incubation programmes. • Lead a team of 7 finance professionals, providing training, support, and performance evaluations. • Collaborated with senior management to develop and execute strategic financial plans. • Prepared and presented detailed financial reports to stakeholders, highlighting key metrics and insights. • Prepared and managed the company payroll. • Coordinated with external auditors to ensure timely and accurate completion of annual audits. • Conducted monthly statutory filing to ensure regulatory compliance. • Reviewed and oversaw implementation of internal controls, company policies and procedures. • Monitored cash flow, ensuring sufficient liquidity for operational needs and investment opportunities.

Education

Master of Business Administration (MBA) in Finance

Nairobi, Kenya

University of Nairobi

August 2005

-

December 2014

Master of Business Administration (MBA) in Finance

Bachelor of Commerce in Accounting

Nairobi, Kenya

Catholic University of Eastern Africa

August 1999

-

October 2003

Bachelor of Commerce in Accounting

Awards & Certificates

Certified Public Accountant (CPA K)

Nairobi, Kenya

Kenya Accountants and Secretaries Board (KASNEB)

2020

Certified Public Accountant (CPA K)

Languages
English
Speak
Good
Read
Good
Write
Good
Swahili
Speak
Good
Read
Good
Write
Good
Skills

Financial Planning & Analysis

Strategic Business Partnering

Team Leadership & Development

ERP Systems (SAP, Oracle, QuickBooks)

Grant & Donor Fund Management

Budgeting & Forecasting

Financial Reporting (IFRS/GAAP)

Audit & Internal Controls

Cash Flow & Working Capital Management

Tax & Regulatory Compliance

Experience with financing agencies

Business Administration

IASs (International Accounting Standards), IFRSs (International Financial Reporting Standards), and IPSAS (International Public Sector Accounting Standards)