peter magaju

Resourceful cost / financial Analyst with progressive hospitality industry experience across auditing, financial controls, budgeting, cost accounting, and tax specialties. Enjoys being part of a dynamic team and can work on own initiative. Seeks a varied and challenging position that will provide opportunities for personal and professional growth.

Financial Analyst                                                                                           July 2022 to July 2022

Milago Human Resource Company Limited

1. Provided tax planning and advisory to various business clients so as to ensure compliance. 
2. Created financial models based on analyzed data to support organizational decision making.
3. Analyzed industry trends and made recommendations based on those trends.
4. Provided creative alternatives and recommendations to reduce costs and improve financial performance.
5. Tracked and determined financial status by analyzing actual results in comparison with forecasts.

Hotel Cost Controller                                                                           October 2021 to June 2022

Lake Bogoria Spa Resort – Marigat

1. Ensured that purchasing department obtained up to date and accurate prices by comparing prices against suppliers’ quotations and prevailing market prices.
2. Kept an up to date record of all departmental monthly expenditure of items to ensure strict       budgeting.
3. Prepared on a daily basis food and beverage costs and ensured that they are within set company’s budget lines.
4. Checked the daily food and revenues report submitted by Departmental heads for accuracy of covers and average check.
5. Continuously studied weaknesses in controls implemented at the entire hotel and suggested required improvements.
6. Participated in daily and monthly stock activities and shared the reports on time with management.
7. Prepared monthly expenditure and monthly stock balance reports.
8. Checked invoices against receiving records and compared them with purchase orders and purchase requests so as to ensure that all invoices were stamped and signed by authorized persons.
9. Participated in daily requisition and tendering.

Key Achievement:

1. Reduced Beverage cost by 5% points from 45%to 40% by negotiating better prices with the hotel vendors, regulating discounts offered to clients, reducing pilferage and controlling in-house beverage cost(s).

Accountant                                                                                     August 2021 to September 2021

Golden Ice Bistro Limited

Responsible for: Preparing Payment Vouchers, Reconciling Supplier Accounts, preparing casuals attendance list and payments on a weekly basis, posting of supplier invoices, verification of daily sales report, preparing weekly purchase budget and validating food and beverage cost report as prepared by the stock controller.

Food and Beverage Cost Controller                                                  September 2018 to March 2020

Tourism Promotion Services; Unit: Nairobi Serena Hotel

1. Ensured compliance and adherence to the planned Hotel’s Internal control systems, quality standards and procedures in line with Serena financial rules and regulations.
2. Prepared the costing for recipes and menus prepared by the Executive Chef and suggested the selling price for various cuisines, buffets and a la carte menus.
3. Conducted daily & monthly inventory stock take of outlets by reconciling the opening stock with the closing stock,taking account of store issues and sales.
4. Verified and tracked received inventory and completing inventory reports and logs.
5. Verified and matched all Hotel Vendor invoices to a LPO to ensure that the prices incurred were competitive based on quality and quantity and were in conformance with Serena finance rules and regulations.
6. Ensured all hotel invoices had correct ETR receipts and the correct VAT and Withholding VAT was computed and filed on itax.
7. Posted, verified and reconciled all hotel petty cash vouchers including staff payments and advances for reimbursement to the General Cashier.

Key Achievements:

1. Verified and posted over 1000 vendor invoices and 150petty cash vouchers with a high degree of accuracy and within the set deadlines on a monthly basis.
2. Ensured strict adherence to internal controls, policies and procedures and achieved the budgeted cost of sales of Food and Beverage departments of 35% and 30% respectively.

Accounts Receivables Controller                                                         January 2018 to August 2018

Tourism Promotion Services; Unit: Nairobi Serena Hotel

1. Reviewed invoices for accuracy within contractual obligations and dealt with trade debtors to resolve invoice discrepancies.
2. Provided key assistance on month end, year end financial reports (Income statements, General Ledger and Balance Sheet) and provided documentation for external auditors.
3. Generated invoices weekly and created a register for all revenue streams and departments.
4. Built relationships with trade debtors through constant communication regarding payments and invoices.
5. Organized statement reports for trade debtors on a weeklybasis.
6. Expensed hotel Guest Entertainment bills to the respective departmental expense accounts and to other Inter-Company units of Tourism Promotion Services.

Key Achievements:

1. Helped reduce month end close time of the Accounts Receivables Department from 5th to 3rd of every month by regularly monitoring the workflow process.
2. In coordination with the Front Office department, developed a sequential filing system that helped reduce instances of missing invoice backups.

Accounts Assistant – Food and Beverage Control                          March 2015 to December 2017

Tourism Promotion Services; Unit: Nairobi Serena Hotel

1. Communicated cost variances and cost explanations in the Food and Beverage Department to upper management team.
2. Assisted the Food and Beverage Cost Controller with month- end financial close and reporting.
3. Planned, organized and coordinated daily inventory count of beverage items in the Hotel Bars.
4. Ensured compliance and adherence to the designed food and beverage control systems, quality standards and procedures.
5. Conducted spot checks in the Hotel Bars to ensure there was no breach of the designed internal control systems, standards and procedures.
6. Responded to internal auditors’ queries during periodic audits with regards to the designed Internal Food and Beverage Control Systems.

Volunteer                                                                                         September 2014 to January 2015 Ruaraka Uhai Neema Hospital

1. Certified Public Accountant - Kenya (CPA), KASNEB, June 2016
2. Bachelor of Commerce (Finance option), Second Class Honors - Upper Division, University of Nairobi, December 2014.