nasirally

• Currently serving as the Group CFO for Tosha Energies, an oil company operating in Kenya, Uganda, Tanzania, Zambia, and DRC, with an annual turnover of $400 million and over 500 staff members. • Report directly to the CEO and Board, with oversight of five country Finance Managers and Marketing Managers. • Led the transition to SAP as the Group's accounting system and secured financing for expansion in the Zambia and DRC markets. • Accountable for the overall financial health of the Group, ensuring robust financial stewardship. • Implemented a comprehensive risk management framework to safeguard against fraud and unauthorized access. • Oversee liquidity and treasury management, including the management of company debts, assets, and liquidity. • Business Strategy and forecasting-Collaborate with the CEO to shape the company’s strategic direction, focusing on product development, expansion to new markets, new business models, digital transformation, and human capital management. • Advise the CEO and Board on strategic financial initiatives to ensure a strong return on investment (ROI) for new expansions and investments in the region. • Consolidation of Financial reports - Ensure timely consolidation of the Group’s financial reports, guaranteeing accuracy and compliance with generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS)

Worked as the Chief Finance Officer (CFO), County Government of Isiolo, managing annual budget of USD 50 million. My duties were as follows; • Prepared annual and quarterly financial statements using government financial reporting templates to ensure transparency and accountability • Oversaw all payment processes, ensuring timely and accurate disbursements. • Monitored the financial performance of the county and provided strategic recommendations for improvement. • Developed and analyzed financial plans, forecasts, and reports to support decision-making. • Supervised the preparation of annual work plans to align with budgetary goals. • Led the preparation of annual recurrent and development budgets, including detailed estimates. • Advised County Governments on all financial and accounting matters to promote effective governance. • Ensured adherence to approved government accounting standards, enhancing compliance and promoting financial integrity. • Ensured that all revenue and expenditure transactions were posted through the Integrated Financial Management Information System (IFMIS), the government accounting system • Provided guidance on appropriate financial reporting formats for County Governments, as directed by the National Treasury • Conducted capacity-building initiatives at the County Treasury and mentored staff to strengthen skills. • Directed and controlled the operations of exchequer funds, ensuring proper management of public resources.

Responsible for monitoring and evaluating the performance of the Corporation's Investments. Key Responsibilities; • Coordinate, plan, formulate and implement the Corporation's Equity Investment Policies and activities aimed at sound management of new and existing Equity Investments. • Investigate, identify and formulate projects requiring equity financing or expansion of existing projects. • Appraise the operational and financial requirements of existing needy investments and recommend suitable remedial action to the corporation. • Ensure compliance with the provisions of the audit and Exchequer Act. • Development and management of Departmental budget

• Responsible for overseeing financial management within the organization. Oversee the development of prudent financial system, risk management, internal control system in accordance with international standards. Responsibilities: • Participate in developing the company's corporate strategy and implement operational policies and corporate plans; • Develop the annual budget and ensure it is aligned with the company's strategic and operational plans; • Evaluate and improve the accounting system to enhance functionality of financial management and reporting; • Review and constantly improve workflows, accounting policies and procedures to ensure accuracy and effectiveness; • Strengthen internal controls and ensure compliance with set policies and procedures; • Advise management on treasury related matters; • Make recommendations for cost savings and expense rationalization; • Prepare audit schedules and liaise with external auditors and all other regulators for periodic audits and inspections; • Manage the acquisition of capital assets, ensure they are properly tagged, amortized and disposed appropriately; • Establish rapport with bankers, fund managers, regulators and other stakeholders; • Accurate preparation and timely submission of returns and payments to the tax authorities, Insurance Regulatory Authority (IRA) and all other relevant statutory and regulatory bodies; • Document and maintain complete and accurate support for all financial transactions; • Train and direct staff in accordance with the established standards and company policy; and • Prepare accurate and timely financial and management reports and present them to management and the Board.

• In charge of the finance function of the company. Managed a high-volume unit driving consistency and best practice across all the businesses. • The main achievements were; won big supply tenders for two consecutive years from the EWSA Power Plant. • Secondly, properly managed the working capital of the company and hence, improvement of the company's cash flow. • Third, successfully migrated the company's financial system from ACCPAC to Oracle ERP system at Hass Petroleum Group. Duties; • Effectively managed, motivated and developed the Finance department • Implementation of a change management culture by challenging & replacing established processes and procedures where necessary • Overall responsibility for preparing company management accounts and financial statements (Balance Sheet, P&L and Cash Flow statements). • Preparing Annual Budget and forecasting trends • Business Partner to company departments, • Play a full part in providing relevant & timely financial information to the Main Board to enable a balanced and objective assessment of the Group's strategy and objectives • Ensure the preparation of timely and accurate monthly management account • Responsibility for all journals and final GL balances including review of month end balance sheet reconciliations and control accounts • Implemented robust accounting procedures and ensure compliance to the company financial procedures • Ensure adequate controls are maintained (Receivables, bank, inventory, payables) • Managed month, quarter and year-end processes, Managed the AR & AP accounts • Liaise with external and internal auditors • Maintain good relations with both customers & suppliers • Managed procurement function - including purchase of fuel, lubricants and other materials. • Prepared board papers and board presentations for Board meeting

Worked in the Financial Stability and Analysis division (Research Department). The division is responsible for analysis of data and information on key financial performance and stability indicators of the Kenyan financial system Responsibilities • Liquidity forecasting, Monetary Policy Analysis and Financial Sector Analysis • Compilation and analysis of Financial Soundness Indicators (FSIs) • Analysis of Kenya's Bank performance: e.g., turnover ratios, capital adequacy, solvency and liquidity • Conduct stress testing of banks data • Analysis of the equities and bond market • Worked in the CBK committee dealing with the on-going regional integration efforts in COMESA & EAC - Especially fast tracking of the EAC monetary Union. My role was to monitor Kenya's performance with respect to the macro-economic convergence criteria in the EAC and COMESA.