JAMES W. MUKAISI
Indiana,PA
Summary
A highly experienced and strategic supply chain professional with a global multinational organisation work experience. Well versed in business analysis of effective and efficient decision. Innovative team leader leveraging diversity to create high performance team. Respected for formulating strong strategies to grow bottom line, driving millions in profit with integrity through spearheading prudent financial management and business performance for sustainable success.
Overview
21
21
years of professional experience
1
1
Certification
Work History
Business Tutor
Indiana University of Pennsylvania
Indiana, US
08.2023 - Current
- Mentoring resident students by teaching finance, economics, and descriptive statistics techniques, and providing academic support
- Maintaining tutoring-related documentation for each student
- Communicating with the Professor and students the progress.
Graduate Research Assistant
Indiana University of Pennsylvania
Indiana, US
02.2023 - Current
- IUP at Steam shop Makerspace dealing with Robotic and small business in 3 counties of Indiana, PA
- Procurement of $ 500K equipment and supplies from best vendors and within project timelines leading to budget cost savings of $65K
- Managing project website development and content updates on the IUP CMS platform
- Convening and scheduling meetings with entrepreneurship partner and stakeholders to ensure marketing needs were met
- Contributing to the development and implementation of integrated marketing and communication plans.
Finance Manager
James Finlay (Kenya) Ltd
Kericho, Kenya
07.2021 - 06.2022
- Monitoring of macro and micro global markets trends in beverage industry to execute short to long term strategic plan specifically; Hedging funds to mitigate risk and maximizing profitability
- Consolidated group financial reporting for 4 divisions with annual revenue of $87 m and fixed assets value of $26m by providing insight commentary to executive and group
- Financial hedging of currency with an increase in net gain of $2.3m based on the model and mitigate Fx-risk
- Reduction of production costs by 10% through efficient payroll management for 6,530 staff across various work levels
- Leading the short-to long term financial planning to deliver a 5% growth above market in highly competitive beverage industry
- Improving of efficiency and cost containment using the standard costing system against actual performance in world class manufacturing operations and overall equipment effectiveness (OEE) target of 83%
- Value proposition in supply chain process by ensuring timely delivery, discounts in early payment of suppliers and effective management of working capital.
Divisional Chief Accountant
James Finlay (Kenya) Ltd
Kericho, Kenya
03.2020 - 06.2021
- Delivery of target Gross Margin by managing end-to-end costs inputs of support business; Responsible for delivering working capital through supplier’s payment terms extensions
- Lead in budgeting and forecasting material and service price trends to the executive and part of the team coming up with mitigation actions
- Cash flow management reducing the financing costs - bank overdraft - by $1m and forecasting the adequate availability of cash resources in daily operations
- Performed monthly financial analytics to the executive management on the commodity impacts by market in and outside Kenya leading to data visualization in reduction of inter- site account by $1.8m.
ERP- Functional Lead
James Finlay (Kenya) Ltd
Kericho, Kenya
09.2017 - 02.2020
- Part of the team successfully implemented the Enterprise Resource Planning (ERP) across 4 finance departments and supply chain process, resulting in cost saving benefits of $624,000
- The system improved efficiency, control improvement, effectiveness, and timely reporting
- Developed 2,852 ERP requirements for both finance and supply chain process to reduce operation process and effective cost saving in timely manner
- Tested the requirements 4 times to ensure accurate operation, integration, and results
- Up skilling of by designing the materials and training 625 users on the use of the New ERP
- Integrated 4 external third party systems in supply chain management of 12,000 out growers, payroll cost management and cash flow monitoring to the New ERP.
Chief Accountant
James Finlay (Kenya) Ltd
Kericho, Kenya
07.2016 - 08.2017
- Drive margin through the products and inputs mix optimization through Earnings before Income Tax analysis (EBIT); Value addition capex analysis with higher cash flow returns and management of account payables
- Managed Account payable for 3000 direct purchases and 8,500 contractors’ annual payment valued as circa $24m
- Streamlined the good received not invoiced process leading to reduction of liability from Kshs.145m to Kshs.25 million and maintained consistency
- Implemented AP aging reports and reduced the over 180 Days outstanding accounts by 87% that improved suppliers’ relations
- Reduced supplier complaints from 26 to zero per year based on the delay in payment
- Improved of power generation billing leading to increase in billing and revenue collection by 15%
Senior Group Internal Auditor
James Finlay (Kenya) Ltd
Kericho, Kenya
05.2009 - 06.2016
- Global role in Finlay group that was expanded to the Swire group to provide assurance on the cost effectiveness of use of the resources, efficient operations for optimal growth and safeguarding of company assets; Compliance with various business regulation to mitigate the risks of fines and penalties; Risk management to provide foresight to risk and the cost benefit options with higher returns
- Participated in designing risk-based audit plan and execution of audit fieldwork for a $130m company with fixed assets of over $47M, identifying control weaknesses, recommending corrective measures and follow up to ensure they are implemented
- Provided audit assurance for 9 companies spread across 4 continents with +16000 audit hours
- Implemented the audit risk management system in 5 companies leading to a risk register of Us mitigations
- Learned using the Audit software – Teammates used of audit life cycle of audit planning, resource allocation and management, fieldwork, Reporting and follow up
- Use of business analytics tools for 15 different system databases known as Integrated data evaluations and analysis (IDEA) for data mining, Tableau for data visualization and data analysis.
Group Head of Internal Audit
Monarch Group Limited
08.2006 - 04.2009
Chief Accountant
African Heritage Design Company
09.2004 - 07.2006
Sales Accountant
KEROCHE Breweries Limited
08.2003 - 08.2004
Education
MBA in Supply Chain Management -
05.2024
Bachelor of Commerce- Accounting -
06.2000
Certification
- Fully Qualified Chartered Accountant by Association of Chartered Certified Accountant (ACCA-UK), 12/2008
- Business Analytics and Visualizations using; Integrated Data and Evaluation Analysis (IDEA), Tableau and Power BI
- Finlay - Certificate of Appreciation for Successful Sage x 3 ERP Implementation
- Safety champion – British Safety Council Member – Always safe champion
- Quality champion – Six Sigma White and Yellow Belt Certifications.
Accomplishments
- Certificate of recognition for successfully implementation of ERP at Finlay
- IUP Scholar Forum for research presentation during the IUP research week.
Timeline
Business Tutor - Indiana University of Pennsylvania
08.2023 - Current
Graduate Research Assistant - Indiana University of Pennsylvania
02.2023 - Current
Finance Manager - James Finlay (Kenya) Ltd
07.2021 - 06.2022
Divisional Chief Accountant - James Finlay (Kenya) Ltd
03.2020 - 06.2021
ERP- Functional Lead - James Finlay (Kenya) Ltd
09.2017 - 02.2020
Chief Accountant - James Finlay (Kenya) Ltd
07.2016 - 08.2017
Senior Group Internal Auditor - James Finlay (Kenya) Ltd
05.2009 - 06.2016
Group Head of Internal Audit - Monarch Group Limited
08.2006 - 04.2009
Chief Accountant - African Heritage Design Company
09.2004 - 07.2006
Sales Accountant - KEROCHE Breweries Limited
08.2003 - 08.2004
Indiana University of Pennsylvania - MBA in Supply Chain Management,
Kenyatta University - Bachelor of Commerce- Accounting,