Titus Maundu

I am a Certified Public Accountant, with CPA-K qualification and experience working in the NGO and religious sectors as well as a consultant. Expertise in tax administration, financial forecasting, payroll administration, monitoring and evaluation, statutory deductions, leadership and staff supervision. Ability to provide leadership, build core capacities in developing, implementing, and monitoring of new financial accounting strategies and offer technical expertise that improves financial reporting.

Professional Experience

Senior Accountant, November 2020 – Present.

International Christian Centre, Nairobi.

Reporting to the Senior Pastor and Deacons Board, I handle implementation and maintenance of systems and controls to safeguard the company’s assets, maintain the integrity of financial data and operations and prepare financial reports.

• Overseeing budget preparation, implementation and monitoring of the church’s expenditure.
• Preparing of financial statements and accurate comprehensive management reports that compromises of the church plants and consolidated numerical, graphical analysis and explanatory notes.
• Liaising with external auditors to facilitate external auditing of financial statements.
• Spearheaded the computerization of the accounting system, ensuring continuous improvement of the church’s systems and accounting software.
• Leading the transition of backlog based accounting to real time posting of transactions.
• Overseeing church procurement processes by setting up a church procurement system, including a procurement desk, which has led to cost savings and value for money due to competitive bidding. 
• Developing and guiding implementation of strategies to clear organization overdrafts by negotiating with suppliers for longer credit periods and instituting cost cutting measures to build savings.
• Handling cash flow management, projections and ensuring that all ICC Nairobi church plants are adequately funded, including creating reserves. 
• Undertaking payroll administration and all statutory deductions whilst ensuring payments are on time.
• Updating chart of accounts, spearheading upgrading and tailoring of the payroll software to increase efficiency. 
• Overseeing general ledger, bank and supplier accounts reconciliation.
• Overseeing the church fixed assets register by creating an asset register and ensuring all the church assets are tagged and recognized well in books of accounts.
• Spearheading the review, updates and implementation of the church finance policy.
• Providing sound technical and strategic financial advice to the senior pastor on various key decisions.
• Implementing of the management letter issues, policies and procedures in line with the strategic plan.

Achievements

• Implemented a saving culture of at least 10% of the income received per month.
• Successfully set-up a procurement function at ICC, which led to cost savings, value for money, increased efficiency in terms of operations and ensured automation of cash handling processes.
• Ensured tax compliance and successfully applied for the church tax compliance certificate.
• Built and placed fixed deposit and also re-introduced a mandatory savings as well as implementing cost cutting measures.

Regional Operations Coordinator, April 2017 – June 2020.

One Hope International, Eastern Africa.

Reporting to the Regional Director (Eastern Africa), I led and coordinated the development of regional work plans, budgets, procurement of goods and services and facilitated trainings for partners across the region.

• Prepared accurate and complete budgets and forecasts for eastern Africa programs.
• Ensured requested or purchased equipment were effectively managed including a forecast for replacement and/or retirement.
• Facilitated all the components of financial resources for the Eastern Africa region by submitting requests for disbursements to every region, by planning and evaluation. 
• Monitored and evaluated submitted expense reports, financial and accounting records for each program.
• Supported regular audits of submitted reports and accounting systems. 
• Trained national teams and partners on accounting principles, protocols and reporting.
• Ensured timely filing of all the statutory deductions for staff and ensured that all tax penalties were paid on time.
• Performed reporting through management and analysis of inventory, printed orders based on inventory and activity reach reports to ensure reach stewardship.
• Analyzed data collected to determine the state of the company’s financial health and maintained the regional asset register effectively.
• Prepared regular financial reports (balance sheet, P &L, cash flow) and detailed analyses periodically.

Achievements

• Professionally ensured that Eastern Africa team was on track to achieve and reach all approved goals and program activities by providing oversight and analysis of the data supplied in the system. 
• Led the team effectively in that they achieved the set company goals. 

Assistant Accountant, April 2015 – March 2017.

International Christian Centre, Nairobi.

Reporting to the Senior Accountant, I provided accounting support to the organisation by ensuring effective co-ordination of administrative/accounting functions required for efficient financial operations.

• Performed bank reconciliations, MPESA reconciliations and initiated payments to suppliers and vendors. 
• Ensured proper and completeness of filing of all income and expenditure transactional documents and was custodian off all accounting office books.
• Handled income analysis and posting to ERP, SAGE, ACCPAC as well as petty cash management.
• Prepared and compiled the budget and monitored the expenditure of the organization.
• Oversaw timely filling of returns on I-Tax, ensuring that statutory payments were made on time.
• Prepared and submitted the payroll/staff salaries to management for payment disbursement.
• Maintained updated knowledge of new emerging industry trends and financial policies.

Achievement

• Awarded best employee in the finance department due to my exemplary workin 2017.

Finance Assistant (Intern), October 2014 – March 2015.

International Christian Centre, Nairobi.

Reporting to the Senior Accountant, I provided effective support to the finance team while ensuring timely delivery of work in the allocated area in accordance with financial regulations and internal policies.

• Prepared accurate and complete budgets and forecasts for eastern Africa programs.
• Supported filing of all accounting documents, including petty cash administration.
• Assisted in writing cheques and presented them to relevant authorities to be signed. 
• Performed income analysis and posted to ACCPAC.
• Assisted in timely preparation and submission of payroll/staff salaries.

Achievement

• Was promoted and inducted into the organization to a full time employee from an intern to an Assistant Accountant.

Educational Background

Bachelor of Commerce (Finance option), Mount Kenya University, September 2015 – December 2017.

Post-Graduate Diploma in Tax Administration, Kenya School of Revenue Administration, September 2022 – Ongoing.

Certified Public Accountant of Kenya (CPA-K), Pinnacle Business School, January 2012 – June 2015.

Kenya Certificate of Secondary Education (KCSE), Kitonyini High School, January 2007 – November 2010.