Edwin Muriithi Njagi
Nairobi
Summary
Accomplished Regional Financial Controller with extensive experience in financial planning, budget management, and tax compliance across diverse sectors. Proven track record in leading finance teams, enhancing financial reporting accuracy, and fostering strategic partnerships. Demonstrated expertise in financial modelling and audit coordination, contributing to significant cost savings and improved cash flow. Adept at managing complex financial operations and ensuring compliance with regulatory standards. Career goal: to leverage leadership proficiency and analytical thinking to drive organisational growth and efficiency.
Overview
17
17
years of professional experience
Work History
Regional Financial Controller
CSquared Link (Mauritius) Holdings Limited
Port Louis, Mauritius
01.2025 - Current
- Developed and implemented financial plans and budgets.
- Ensured sufficient liquidity for financial obligations.
- Ensured precise and prompt financial reporting.
- Provided financial advice on organizational frameworks, strategies, and activities.
- Led and coordinated activities of finance and accounting teams.
- Oversaw company's tax planning and compliance.
- Fostered and preserved relationships with stakeholders, including investors, banks, and auditors.
- Created internal controls and corrective actions to reduce risk or deficiencies.
- Managed payroll function, ensuring accurate and timely processing of salaries, bonuses, and deductions.
Chief Financial Controller
PAGE RIA ES Limited
Nairobi
02.2022 - 12.2024
- Company Overview: PAGE RIA ES Limited is a company operating in the energy sector whose focus is on building and operating utility-scale projects across East and Southern Africa and beyond with a goal of bringing high-quality, low cost power to rural communities that currently lack reliable access to modern energy. PAGE RIA ES Limited is a subsidiary under the Virunga Power Group and is currently operating in 9 African Counties Namely; Kenya, Uganda, Malawi, Mauritius, Zambia, Zimbabwe, Tanzania, Mozambique and Angola.
- Driving the company's financial planning. Through development of Annual Budgets, currently at $85million and through strategic partnerships.
- Performing risk management by analyzing the organization's liabilities and investments.
- Deciding on investment strategies by considering cash and liquidity risks.
- Control and evaluate the organization's fundraising plans and capital structure.
- Ensuring cash flow is appropriate for the organization's operations.
- Supervise all finance personnel (controllers, treasurers etc.).
- Managing vendor relationships.
- Preparing reliable current and forecasting reports.
- Set up and oversee the company's finance IT system.
- Ensure compliance with the law and company's policies.
- Reporting auditing issues and assisting in resolving them.
- Consolidation of the Financial Statements for all the 9 Operational Companies for the Group.
- PAGE RIA ES Limited is a company operating in the energy sector whose focus is on building and operating utility-scale projects across East and Southern Africa and beyond with a goal of bringing high-quality, low cost power to rural communities that currently lack reliable access to modern energy. PAGE RIA ES Limited is a subsidiary under the Virunga Power Group and is currently operating in 9 African Counties Namely; Kenya, Uganda, Malawi, Mauritius, Zambia, Zimbabwe, Tanzania, Mozambique and Angola.
Group Finance and Administration Manager
Bandwidth and Cloud Services (BCS) Group Holdings
Nairobi
03.2015 - 01.2022
- Company Overview: BCS Group is a Pan-African telecom infrastructure company that operates across the African continent and specializes in delivering fiber connectivity solutions to wholesale customers. Our network coverage spans over 80,000km+ of backbone and metro fiber, encompassing 17 countries in Eastern, Central, and Southern Africa, which allows us to reach an estimated 80million+ end users.
- Developed annual budgets and maintained ongoing analytics for the $65M financial strategy for the Group and ensured that labor and material costs were decreased by 15%.
- Implemented internal audit procedures which identified $200k in annual cost savings and revenue.
- Provided diverse reports with customized emphasis and level of detail, including ad-hoc analyses, annual operating plan budgets, monthly cash forecasts, and revenue forecasts.
- Improved forecasting accuracy by 45% by effectively coordinating with operating divisions to shorten the reporting process for monthly closings.
- Developed a 10-year financial model 2018 to 2028 that was used to do a fundraising of $53M from DFIs and International Banks for the expansion of the Group's Strategy within the East, Central and Southern Part of Africa.
- Structured dynamic business strategies and macroeconomics risk scenarios into Excel Model to predict new originations, revenues and costs.
- Provided diverse reports on the Group Loan book and Quasi Equity Conversion process that on-boarded a new investor and subsequent injection of additional capital to the Group's Growth strategy.
- Contributed to Group's 2016-2021 Comprehensive Capital Analysis and Research (CCAR) compliance pass through, solved all Pre-Provision Net Revenue (PPNR) internal audit findings as a team and promoted risk aware culture within the Group.
- Negotiated cost savings and vendor terms reducing costs by $100k and improving cash flow by $175k.
- Established and maintained a strong working relationship with the bank, converted $2M line of credit to $1.5M 4-year note and $500k line of credit.
- Merged duties and simplified accounting system, reducing staff from 8 people to 5, saving $5k annually.
- Improved information flow to external auditors, reducing audit costs by $15k annually, a 20% savings.
- Overseeing the successful conclusion of the Group's Financial Statement Audits.
- BCS Group is a Pan-African telecom infrastructure company that operates across the African continent and specializes in delivering fiber connectivity solutions to wholesale customers. Our network coverage spans over 80,000km+ of backbone and metro fiber, encompassing 17 countries in Eastern, Central, and Southern Africa, which allows us to reach an estimated 80million+ end users.
Senior Tax Consultant
EY
Nairobi
01.2013 - 02.2015
- Company Overview: Ernst and Young (EY's) Purpose is to build a better working world. The insights and quality services EY provides help build trust and confidence in the capital markets and in economies the world over. EY develops outstanding leaders who team to deliver on EY's promises to all our stakeholders.
- Carrying out detailed computations to calculate tax liability and advising clients on how to manage compliance.
- Responsible for researching, analyzing and interpreting changing tax legislation in Kenya - Part of the team responsible for analyzing Finance Acts.
- Meeting with clients and collating information, and responding to client inquiries.
- Working with tax law and revenue position.
- Responsible for preparing and submitting compliance (tax) returns by the deadline.
- Working in liaison with and negotiating with tax authorities on behalf of the client.
- Creating tax strategies for clients and planning their financial futures.
- Offering technical guidance on indirect taxation issues such as VAT and Customs tax.
- Compile and submit regular reports and presentations for clients.
- Assisting and supporting tax consultants and professionals in handling taxation matters.
- Performing other required tasks.
- Ernst and Young (EY's) Purpose is to build a better working world. The insights and quality services EY provides help build trust and confidence in the capital markets and in economies the world over. EY develops outstanding leaders who team to deliver on EY's promises to all our stakeholders.
Branch Accountant
XRX Technologies Limited (Xerox Kenya)
Nairobi
03.2010 - 10.2012
- Company Overview: XRX Technologies is a leading systems integrator in the East Africa region. XRX Technologies partners with the world's leading technology inventors and grow the best talent in the industry to provide you technology solutions that power its client's business.
- Preparation of monthly management accounts and ensuring accuracy and adherence to specified deadlines.
- Collation of annual budget for the branches in cooperation with local management.
- Preparing Weekly Estimate for the branches.
- Control of the business software BDSL, Microsoft, Excel.
- Ensuring all sales and purchases are recorded accurately and daily stock reports are produced; checked and corrected.
- Preparation of year end accounts for the branch ensuring accuracy and adherence to specified deadlines.
- Ensuring all admin staff are attending to their duties in a professional manner, and that accounting deadlines (particularly with regard to Month End) and objectives are being met.
- Monitoring of debtor's ledger, creditors ledger and bank accounts, ensuring these are controlled in an appropriate manner to protect the company's assets.
- Ensuring that cash is handled appropriately.
- Exploration of opportunities for expansion of the business in the markets that the branches operate.
- Providing local management with management information to enable them to run the branch appropriately.
- Ensuring that the branch, adhere to procedures laid down by Internal Audit and that necessary corrective action is taken where the need is highlighted by the Internal Audit Department.
- XRX Technologies is a leading systems integrator in the East Africa region. XRX Technologies partners with the world's leading technology inventors and grow the best talent in the industry to provide you technology solutions that power its client's business.
Audit Assistant
Kenya Railways Corporation
Nairobi
01.2009 - 05.2009
- Company Overview: Kenya Railways (KR) is a State Corporation under the Ministry of Transport, Infrastructure, Housing and Urban Development. The corporation was established in 1978 under the Kenya Railways Corporation Act (Cap 397) of the laws of Kenya to take over the railways section in Kenya after the collapse of East Africa Community in 1977 which managed the East African Railways and Harbors Corporation.
- Helped develop the scope for operational, information technologies, financial and security audit projects and helped select/develop appropriate audit steps necessary to promote effective audit coverage for the manager's approval.
- Assisted in the design of audit program routines using Navision software to analyze computer systems databases and perform data mining and analysis to assess the effectiveness and efficiency of automated controls.
- Performed fieldwork in all Kenya Railways fixed asset locations.
- Helped analyze operational and management processes and system controls' effectiveness and efficiency in view to improve them and propose value-added recommendations.
- Kenya Railways (KR) is a State Corporation under the Ministry of Transport, Infrastructure, Housing and Urban Development. The corporation was established in 1978 under the Kenya Railways Corporation Act (Cap 397) of the laws of Kenya to take over the railways section in Kenya after the collapse of East Africa Community in 1977 which managed the East African Railways and Harbors Corporation.
Education
Masters of Science - Finance and Investment
University of Nairobi
Nairobi12.2015
Certified Public Accountant (CPA) -
Strathmore University
Nairobi12.2012
Bachelor of Commerce - Finance Option
Jomo Kenyatta University of Agriculture and Technology
Nairobi12.2009
Student Certified Financial Analyst (Part II) -
Institute of Certified Financial Analyst
08.2025
Skills
- Microsoft Office
- Leadership Skills
- Interpersonal Communication Skills
- Excellent Work Ethic
- Strong Mathematical Skills
- Honesty and Integrity
- Strategic Planning
- Teamwork Skills
- Financial planning
- Budget management
- Tax compliance
- Financial reporting
- Team leadership
- Financial modeling
- Strategic partnerships
- Audit coordination
- Vendor management
- Payroll administration
- Customer service excellence
- Relationship-building
- Month-end and year-end closings
- Leadership proficiency
- Project Management
- Audit procedures
- Analytical-thinking
- Data analysis techniques
- Stakeholder management
- Financial Forecasting
- Account reconciliation
- Profitability analysis
- Sound judgement
- Performance monitoring
- Budget oversight
- Supplier negotiation
- Cash flow management
- Process improvement strategies
- Strategic decision-making
- Financial modelling
- IFRS proficiency
- Cost-reduction strategies
- Budget development
- Technical knowledge
- Foreign currency transactions
- Accounts receivable and payable
- Microsoft Dynamics 365
- Accounts payable
- Financial management
- Financial strategy management
- Pricing and costing
- Accounts Payable and Receivable (AP/AR)
Languages
English
Swahili
References
- Hadijah Nannyomo, Tax Partner, Ernst & Young, hadijah.nannyomo@ke.ey.com, +254729847195
- Elijah Kimani, Director, Bandwidth and Cloud Services Group Holdings, elijah@bcs-ea.com, +254711405460
- Ian Paterson, Group Managing Director, CSquared Group ipaterson@csquared.com, +447971782226
Custom Section
- Why Companies Must Invest in Human Capital More, 2015-07-23, Kenya Standard Newspaper
- Globalization Good, But also a threat to local Tax System, 2015-04-29, Kenya Standard Newspaper
- What the Banking Sector must do to remain Competitive, 2015-04-23, Kenya Standard Newspaper
- Corruption A Complex System We Must Learn In Order To Stop, 2016-11-28, Kenya Standard Newspaper
- How The Government Can Raise More Revenue Without Increasing Taxes, 2023-03-23, Kenya Standard Newspaper
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
swipe to browse
Timeline
Regional Financial Controller
CSquared Link (Mauritius) Holdings Limited
01.2025 - Current
Chief Financial Controller
PAGE RIA ES Limited
02.2022 - 12.2024
Group Finance and Administration Manager
Bandwidth and Cloud Services (BCS) Group Holdings
03.2015 - 01.2022
Senior Tax Consultant
EY
01.2013 - 02.2015
Branch Accountant
XRX Technologies Limited (Xerox Kenya)
03.2010 - 10.2012
Audit Assistant
Kenya Railways Corporation
01.2009 - 05.2009
Masters of Science - Finance and Investment
University of Nairobi
Certified Public Accountant (CPA) -
Strathmore University
Bachelor of Commerce - Finance Option
Jomo Kenyatta University of Agriculture and Technology
Student Certified Financial Analyst (Part II) -
Institute of Certified Financial Analyst