Danton Kyenga
Finance Manager
Dar Es Salaam
Summary
Business-minded Finance Manager promoting more than 10 years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
13
13
years of professional experience
Work History
Finance Manager
Jhpiego Corporation, Affiliate Of Johns Hopkins University
01.2021 - Current
- Facilitated effective financial decision-making by presenting complex data in simple visualizations.
- Prepared monthly reconciliation of items in the statement of financial position and took corrective actions on deviations.
- Implemented risk management strategies to protect company assets and minimize losses.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Managed multimillion-dollar budgets, ensuring accurate allocation across activities and departments..
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Championed best practices in financial management through ongoing training programs for staff members.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Complied with established internal controls and policies.
- Created financial dashboards to provide insights into key performance indicators.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Prepared proposal budgets when bidding for new projects.
Senior Finance Officer
Jhpiego Corporation, Affiliate Of Johns Hopkins University
08.2017 - 04.2020
- Mentored junior finance staff members, fostering a culture of continuous learning within the department.
- Implemented new financial systems that streamlined data processing and reduced manual errors.
- Reduced operating expenses by conducting thorough expense analysis and identifying opportunities for cost savings.
- Collaborated closely with external auditors during annual audit process, addressing issues promptly and maintaining strong working relationships.
- Managed budget preparation process for multiple departments, ensuring timely submission and alignment with project and corporate goals.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Established and maintained strong relationships with customers, vendors and strategic partners.
- Ensured timely review of Purchase Orders, Expense Reports, CSO Invoices and Activity Budgets.
- Successfully Conducted Program Cost Verification through events participants and field spot checks on monthly basis.
- Fully participated in Budgeting, planning and controlling of main project and other special initiatives attached to it.
- Successfully managed cash transfer portfolio and ensured timely disbursement of cash to AGYWs on scheduled intervals as per protocol.
- Ensured timely posting of Project budgets into QBE at the beginning of each financial year.
- Ensured day to day all activity budgets are reviewed before being uploaded into JEMS.
- Ensured Expense reports and Cost Share reports from Regional Finance Officers are reviewed thoroughly.
Senior Regional Finance Officer
Project Concern International.
01.2014 - 07.2017
- Designed comprehensive training programs for finance staff, fostering skill development and increased productivity.
- Increased financial efficiency by streamlining budgeting and forecasting processes.
- Conducted rigorous risk assessments to identify potential threats to the organization''s financial stability, developing mitigation plans as needed.
- Ensured compliance with local regulations and internal policies through diligent monitoring and effective communication with stakeholders.
- Collaborated closely with cross-functional teams to develop and implement financial processes that supported organizational growth objectives.
- Improved financial reporting accuracy through regular audits and reconciliation of accounts.
- Served as a trusted advisor to senior management on matters related to financial performance, risk management, and growth opportunities.
- Developed customized financial strategies for regional operations, ensuring optimal resource allocation.
- Facilitated transparent communication between finance teams and other departments to foster a collaborative environment focused on achieving shared goals.
- Reduced outstanding account balances by implementing more effective collection strategies tailored to individual client circumstances.
- Championed process improvements that resulted in faster month-end closing procedures while maintaining high levels of data integrity.
- Managed a team of finance professionals to ensure timely and accurate financial reporting and analysis.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Assisted with recruiting, interviewing, and hiring new department employees.
- Introduced software tools and process improvements to mitigate loss and drive operational growth.
- Complied with established internal controls and policies.
- Supported financial director with special projects and additional job duties.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Ensured all payments are processed on Time and in accordance with the laid down PCI Policies, Procedures, Practices and Guidelines.
- Demonstrated an understanding of PCI accounting systems by making sure that daily activities implementation are recorded on Time, in a correct code and Period.
- Ensured all transactions processed in compliance with GAAPs, GAGAs, USAID Rules and Regulations, and PCI Policies, Procedures, Practices and Guidelines.
- Ensured thorough budget review and analysis for all sectors and activities taking place in Bunda, Musoma and Mwanza
- Ensured Timely support to Finance Director and Country Director as and when needed.
- Ensured thorough integration of innovation as one of the PCI Best At in our day to day activities.
- Fully participated in annual planning meeting.
- Ensured successful coordination of collection of Budget notes from project coordinators and use the same in development of annual budget.
- Managed to control receivable aging from USD 30,000.00 a month to Zero balance a Month.
- Dedicated my efforts in Detection, Prevention and Control of fraud in the day to day activities of the organization. The CFO awarded me a certificate of recognition for this.
Senior Cluster Accountant
World Vision International
08.2012 - 09.2013
- Implemented effective cost control measures to minimize overspending without sacrificing quality or service levels.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
- Supported department objectives by participating in cross-functional projects with other departments as needed.
- Provided critical support during system upgrades or conversions by working closely with IT staff to ensure minimal disruption to daily operations.
- Conducted thorough internal audits to identify discrepancies, recommend corrective actions, and ensure adherence to established policies and procedures.
- Established strong relationships with banking partners to facilitate access to various financial services.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Gathered financial information, prepared documents, and closed books.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Prepared and filed tax forms to meet needs of customers.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Itemized taxpayer expenses to identify maximum adjustments, deductions and credits.
- Ensured that there is adequate cash management within the cluster.
- Successfully facilitated preparation, review and submission of the annual project budgets in line with partnership guidelines and ensure that projects/cluster spending is within approved budgets.
- Ensured that projects fixed assets are well managed within cluster.
- Ensured that there is adequate projects inventories management.
- Ensured that there is adequate Fleet Management at the cluster.
- Successfully coordinated preparation, review and timely submission of Projects financial reports.
- Successfully performed financial analysis on monthly basis and share with projects/cluster management for informed decision making.
- Timely and successfully conducted review of all Audit/financial review reports and shared the same for adequate implementation at the project.
- Ensured that all procurements are done at cluster as per WVI financial manual.
- Ensured that staff advances are well managed within the cluster as per EER/Perdiem policy. Managed to control receivables raging from USD 75,000.00 to USD 15,000.00 per month.
- Ensured that cluster payments are made on time and that they are supported with adequate backup as per FFM.
- Successfully conducted capacity building to finance and non-finance staffs at cluster and projects on financial management policies and procedures.
- Conducted monthly reviews of staff payroll and ensured that statutory contributions are submitted on time to respective authorities
Cluster Accountant
Fhi360 International
05.2011 - 07.2012
- Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
- Conducted thorough internal audits to identify discrepancies, recommend corrective actions, and ensure adherence to established policies and procedures.
- Developed comprehensive budgets that aligned with company goals while ensuring fiscal responsibility.
- Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
- Maintained compliance with federal, state, and local tax laws by staying informed about changes and filing all required forms accurately and promptly.
- Established strong relationships with banking partners to facilitate access to various financial services.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were immediately deposited back to the bank.
- Implemented effective cost control measures to minimize overspending without sacrificing quality or service levels.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Prepared and filed tax forms to meet needs of customers.
- Provided critical support during system upgrades or conversions by working closely with IT staff to ensure minimal disruption to daily operations.
- Handled day-to-day accounting processes to drive financial accuracy.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Prepared working papers, reports and supporting documentation for audit findings.
- Tracked funds, prepared deposits and reconciled accounts.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Trained new employees on accounting principles and company procedures.
- Collected and reported monthly expense variances and explanations.
- Successfully implemented adequate record keeping and accounting system.
- Ensured timely preparation of monthly financial report.
- Ensured that project implementation stick to allowable expenses authorized by sub agreement.
- Ensured that all invoices provided are valid and adequately supported.
- Successfully facilitated payments as required on unique or major events that require cash payments.
- Successfully management of petty cash, and ensured petty voucher and ensure that are valid, adequately supported and accurately computed.
- Performed analytical reviews of the administrative expenditures e.g. Electricity billing as directed by the Project coordinator.
- Provided financial capacity building to the organization members.
- Ensured monthly preparation and presentation of financial reports during steering committee meetings.
Education
Master of Science - Project Management
The Open University of Tanzania (OUT)
Dar Es Salaam, Tanzania 04.2001 -
Bachelor of Arts - Bachelor of Commerce in Accounting.
The University of Dodoma (UDOM)
Dodoma, Tanzania 04.2001 -
Skills
Strategic Planning
Business Forecasting
Performance Analysis
Financial Management
Budget Forecasting
Regulatory Compliance
Aptitude to use several Accounting Packages such as Tally, Quick Books, Sun system, ACCPAC Accounting system, and EPICOR
Knowledge and skills with Financial Reporting (IFRSs)
Financial Management for Donor Funded projects in line to USAID Policies and Regulations
Knowledge of USAID Rules and Regulations which is very crucial in managing donor funded programs
Knowledge of Project Management for Development Professionals
Knowledge on Microsoft Word, Power Point Preparation and Presentation
Timeline
Finance Manager
Jhpiego Corporation, Affiliate Of Johns Hopkins University
01.2021 - Current
Senior Finance Officer
Jhpiego Corporation, Affiliate Of Johns Hopkins University
08.2017 - 04.2020
Senior Regional Finance Officer
Project Concern International.
01.2014 - 07.2017
Senior Cluster Accountant
World Vision International
08.2012 - 09.2013
Cluster Accountant
Fhi360 International
05.2011 - 07.2012
Master of Science - Project Management
The Open University of Tanzania (OUT)
04.2001 -
Bachelor of Arts - Bachelor of Commerce in Accounting.
The University of Dodoma (UDOM)
04.2001 -