Luke Ochieng Pete/ Résumé 2016

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LUKE O. PETE Address: P.O. Box 47722-00100 Nairobi, Kenya. E-Mail: lcspete24@gmail.com Cell Phone: +254 727 030845

~BUSINESS CONTROLLER~

Summary Profile ~ Over 6 years’ experience in accounting, finance management and analysis with reputable organizations

notably Multichoice Kenya Ltd, Nation Media Group and MFI Office Solutions;

~ Demonstrable understanding of the entire accounts receivable process and ability to document and

implement policies and procedures based on the organization’s core business, structure and systems;

~ Sharp commercial acumen with demonstrable track record of management of billings, collections and

reconciliations with a continuous and never ending improvement attitude;

~ Experience in business analysis and data management processes to ensure cost management, profit

maximization and optimization of business decisions;

~ Ability to identify possible business risks that affect sales, delivery and customer demand and the

implementation of appropriate risk mitigation measures.

~ Working knowledge of the end to end value chain process and an ability to advise an organization based on

industry insights emanating from market research and financial reports;

~ Ability to spearhead change management processes and rally others to follow my propositions by setting

high standards and achieving them

~ Excellent working knowledge of the SAP Financial Accounting (FI) module and broader appreciation of

business systems integration and optimization;

~ Demonstrable skills in team engagement ,talent development and succession planning for my team

Academic & Professional Qualifications

2015: University of Nairobi (UoN) Masters of Science-Finance and Investment 2012: Orbit School of Management Certified Public Accountant (CPA-K) 2011: University of Nairobi (UoN) Bachelors of Commerce-Finance

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Career History 2014 to Present: Multichoice Kenya Limited. Position: Business Controller

Key Accountabilities:

Strategy and Planning: Develop Company plan, Strategic Plan and input to Sales and Operation Plan by

providing timely information on sales volume, demand forecasts, segment share projections and solid

market environment assumptions.

Credit Management: Independently conduct credit analysis according to policy and sound credit decision

making and prepare decision documents for credit actions.

Commercial Service: Providing information and insights on market dynamics for strategic planning and

decision making across the business. Contribute to the development and establishment of new accounts,

evaluation of credit risk, establishment of credit limits and payment terms.

Administration and Planning: Manage the business relationship within the channel; communicate

effectively in a proactive manner to both internal and external stakeholders about business issues, risks

and opportunities.

Notable Achievements

Excellent reconciliation and downsizing of several supermarket accounts into one major trading partner for efficiency; this has enabled smooth transactions and improved customer satisfaction index from 70% to 95%.

Planned and successfully launched distribution in 2000 retail stores in 60 days, this ensured the smooth transition and distribution of decoders and a tremendous rise in the subscriber numbers during the digital migration process (ASO).

Initiated and drove the ordering process through the order portal as per company policy and process controls, which has seen all business transactions conducted with honesty, fairness and integrity.

Reduced key accounts debt level by 60% giving the company financial freedom and more working capital

within a period of 7 months.

July 2011 – July 2014: Nation Media Group. Position: Credit Controller

Key Accountabilities:

Accountable for the conformity and the reliability of all financial statements produced by local country

accounting team, in respect of both local and group standards.

Oversee and control the establishment of the financial and fiscal statements, including and all concerned

statements.

Maintain internal control and safeguards for receipt of revenue, costs, and program budgets and actual

expenditures.

Lead the whole budgetary process in connection with the operational Directions of the entity.

Ensure the production of all financial and administrative reporting / requirements in an accrued and timely

manner.

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Implement at regional / local level all projects decided by the group financial Direction, support the GFA for ad

hoc project (new accounting system implementation, cost reduction program, CAPEX validation etc.).

Ensure adequate cash flows to meet the group needs, monitor banking activities, and implement cash flow

forecasting.

Supervise and oversee the collaborators of the other departments’ i.e. human resources, administration of sales, general services.

Manage and track the performance, consistently analyze financial data (monthly, quarterly and annual), monitor progress and changes, update forecast. Insure the coherence between accounting and management reporting.

Make sure of the respect for the contractual sales conditions, including financial conditions and the rhythm of invoicing and payment.

Assist the sales and technical department in case of request for proposal, including terms of contract (financial and non-financial aspect).

Overseeing the effective collection of company debt, including monthly reporting of the Key Performance Indicators (DSO), manage relationships with the customers in order to reduce exposure to potential bad debt and if needed initiate legal or other recovery actions against customers who are delinquent.

Make sure of the good relation with third parties such as financial partners and statutory auditors.

Notable Achievements:

Implemented next-generation technologies and process automations through EDI for e-statements to foster an environment of continuous improvement. This propelled efficiency gains and significant time and cost-savings;

Through daily management of billings, collections and general ledger reconciliation, the company’s cash flow has improved drastically by 73% in a period of 12 months.

Initiated and successfully implemented online storage of advertising space orders. This has increased company revenue by more than 50% and easen the debt collection process.

Reduced Agency accounts debt level by 76% giving the company financial freedom and more working capital within duration of 10 months.

Designed and drove the implementation of the automation of sales commissions and its penalties if targets are not met through crystal reports. This led to accuracy and saving loss on revenue as a result of overpayments by a notable margin.

Jan 2010 – Jun 2011: MFI Group (Managed Document Solution). Position: MIS Executive

Key Accountabilities:

Provide Global Head count Utilization Report for MFI management at facilities and business units level along with new joiners, Exit resources for usage across business units.

MIS Reporting and Project Management. Conceptualize, design and implement MIS reports as required by management from time to time. Day to day follow up and coordination with different teams to ensure timely flow of MIS reports. Work with business Unit/Project Managers to design and develop solutions to key business requirements. Preparation & maintenance of the MIS Reports on Daily, Weekly, & Monthly metrics. Good hands on with Excel tools like V-Look up, H-Lookup, Pivot charts and Graphs. Providing information in a concise and simple way to Senior Management and the wider audience. Thorough, diligent and executing the tasks with a high level of accuracy. Timely reporting of Ad hoc reports.

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Analysis of raw data to identify new performance metrics, analyze the data and help the business use the same for decision making (Customer wise GP).Weekly & Monthly Quality analysis of the process.

Generating reports on a weekly/monthly basis as per customer requirements Generation and distribution of daily, weekly and monthly reports as per agreed standards and timelines. Understand requirements, design formats, deploy formats, follow up with Business development Team, Client

Services Department and Quality team and validate data.

Professional References Name: Michael M. Gitahi. Company: Multichoice Kenya Ltd Position: Key Accounts Manager Cell: +254 721 623 123 E-Mail: Michael.Gitahi@ke.multichoice.com Relationship: Immediate Line Manager Name: Peter E. Omondi Company: Nation Media Group Position: Revenue Accountant Cell: +254 722 516 803 E-Mail: peomondi@ke.nationmedia.com Relationship: Former Immediate Supervisor Name: Wesley Thomas Owiti Company: Cherehani Africa Ltd Position: Co-Founder and CEO Cell: +254 724 675 545 E-Mail: wesley@cherehani.org