1. Raphael Otieno Onyango
P.O. Box 21673 00505, Nairobi, Kenya.
Telephone: +254-722-515-686; +254-733-480-848
Email: onyangoraphael80@yahoo.com or rotieno80@gmail.com
Professional Profile:
I am an accounting and audit professional, with 10+ year’s cumulative experience, in auditing, finance,
accounting, tax management, corporate governance, IS auditing and administration with domestic and
foreign entities. This, has earned me the opportunity to familiarize with business processes generally and
specifically with internal control systems in finance, operations and related activities.
I have engaged with financial, commercial, consulting and NGO firms, in strategic and operational lines;
working alongside directors/managers, as part of global/local teams for policy formulations, design,
objectives alignment, sustainability and profitability-inclusion into all business processes.
Ultimately, my continuing 4+ years, association with Aga Khan Agency for Microfinance, has refreshed and
nurtured my skills of operational and non-operational/financial audit of microfinance/banking industry,
where being part of a global team, I have ensured over 90% compliance with the annual audit plans.
I intend to obtain further experience in the commercial sector, preferably financial management, and groom
my professional abilities beyond accountancy, to include business management, and better serve entities
achieve overall business objectives. I also intend to serve at the helm in the development sector at a later
stage, where I would initiate the business sustainability approach to running of these organizations.
Professional Development and Competencies:
- Risk Management and Compliance (based on AKAM & COSO Frameworks)
- Value chain management, Tax advisory, Information security and control.
- Compliance Audit (based on Microfinance Inst. Ordinance, Prudential Regulations)
- Corporate Governance (based on Basel II declarations).
- IS governance, Risk & Compliance (based on CISA designation & COBIT Framework)
- Business Accounting, Financial analysis and modeling.
- Operational and Loan portfolio management.
- Business Continuity Planning and Resilience (based on CISA certification & COBIT)
- HR management and development, incl. labor relations.
Career Summary:
Aug. 2009- Cont’d: Aga Khan Agency for Microfinance – AKAM (East Africa)
Regional Internal Auditor.
Report functionally to the director Risk Mngt & Internal audit (Geneva) and administratively to the
respective country CEOs.
Provides inputs in the strategic management processes incl. the annual, mid-year and strategic reviews.
Advises (the management and board) on the effectiveness of internal control, risk management, and
corporate governance frameworks and providing appropriate inputs for improvement.
Preparing annual risk-based audit plans, (based on AKAM global Audit Methodology).
Leading the internal audit team to effectively and efficiently achieve the audit plans in liaison with
program managers and AKAM global director-Internal Audit & risk management.
Actively involved in the annual external audit exercise, for Tanzania and Kenya operations.
Planning and effectively executing routine audits/agreed tasks in branches & units; reporting thereon.
Effectively following up on the actionable items and issuing status reports thereon to AKAM AC.
Ensure independence of the IAD, in liaison with the AC, and by providing guidance and resolving
problems; while ensuring the internal audit function is adequately controlled.
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2. Assessing and providing appropriate risk inputs for building strong risk management and inherent control
system/s; by continuously reviewing of existing controls in light of potential threats.
Facilitates governance review and prepares independent reports to AKAM (based on/ for AKDN
reporting methodology) on FMA status of Governance and Compliance with local laws and regulations.
Effectively consults with senior management and board, during scheduled meetings, forums/conferences.
Prepares monthly and quarterly audits updates for the management and AC reporting respectively.
To the extent possible, I have ensured compliance audit quality assurance requirements.
Participates in staff trainings and development both for new and existing staffs.
Nov. 2007- Aug 2009: Aga Khan Foundation, Microfinance Unit (AKAM -EA)
Internal Audit Officer.
Reporting functionally to AKAM Internal Auditor (in Geneva), and administratively to respective country
CEOs.
Formulating annual risk-based audit plans (based on AKAM global methodology) in liaison with
respective country CEOs, this ensured successful audits in all auditable units.
Independently executed/supervised the audit processes, providing guidance and resolving problems
where necessary; while ensuring the internal audit function is adequately controlled.
Planned, executed audits in all the auditable units prepared executive summaries and issued the reports.
Represented the audit and took minutes during an AKAM board meeting in 2009 in Tanzania & Nairobi.
Prepared monthly and quarterly updates and status reports, for both management and AC reporting.
Planned and executed effective fraud investigations in Mozambique, Kenya and Tanzania branches.
Facilitated Governance Survey and Compliance Management reviews for AKDN reporting since 2008.
Actively involved in external audits incl. independent verifications, branch compilations.
Participated in the new staff induction processes, and branch staff trainings for capacity building.
Actively involved in the formulation of the audit manual, and provided inputs for the finance manual.
In 2007, involved in portfolio data clean up, allowing successful rollover of the Loan Performer system.
Major achievements so far made with AKF-MFU/ AKAM includes:
Developed the IAD, from management-dependent review unit, to a professionally independent function.
Detected, investigated, reported (with remedial actions), over 10 frauds, no more frauds or irregularities.
Incorporated IS/IT audits in the audit plans and programs, thus enhancing protection of our IS assets.
Championed and facilitated the adoption of the audit Manual, with inputs into the finance manual.
Executed an average of 18 audits annually since 2008, with satisfactory rating on performance and risk.
Aga Khan Agency for Microfinance (AKAM), is among the first global, private-sector, NGO-transforming,
group of commercially sustainable micro-finance institutions, aiming to provide dedicated financial services
to the socio-economically excluded but active poor populations across the globe. Currently it operates
several banks and MFI programs in Asia, Africa, Canada and North America. In Eastern Africa, it’s already
licensed by the State Banks of Mozambique & Tanzania, and is transforming in Kenya.
Sept 2005 – Oct 2007: Nairobi Imaging Centre Ltd
Finance & Administration Officer.
Reporting directly to the Finance & Administration Director, my job responsibilities included:
Participation in corporate policy formulation, strategic and operational planning, implementation and
monitoring thereof to ensure conformance with internal controls.
Preparing the management and financial reports as required e.g. by managers, banks, auditors etc.
Drew up budget proposals for line functions and assisted managers monitor their budget utilization,
through effective budget analysis thus leading other teams in achieving their targets.
Involved in risk mngt and compliance; ensured risks are identified, assessed and appropriately addressed.
Posted validly supported/approved transactions into quick-books sys., thus ensuring effective audit trail.
Kept a log of issued, cashed & voided cheques plus other internally preprinted financial documents.
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3. Filed statutory remittances incl. taxes, corporate returns, Insurance renewals and met deadlines.
Facilitated external audits incl. preparing needed work-papers, e.g. draft accounts for audit completion.
Provided inputs into new-product developments, diversification, formulations and strategic positioning.
Managing staffs in liaison with line managers, incl. labour relations, workplace ethics, providing inputs
for performance evaluations and ensuring compliance to HR policies.
Appropriately implemented financial and internal control recommendations as the process owner.
Ensured effective cash flow management, ensuring sufficient funds incl. timely collections, negotiating
with suppliers of approved expenditures for optimal payment options/plans.
Implemented sound tax management practices, incl. negotiations with tax authorities on tax matters,
Bank Reconciliations, Payroll processing and Generating ETR receipts for every invoiced service.
Major achievements made with NIC (K) Ltd includes:
Formalized the finance & accounting unit incl. establishing Quick-books, with enhanced controls.
Initiated sound tax mngt strategies incl. compliance with VAT & PAYE Acts, thus saved the company
over US$ 625 being PAYE over assessed. Also complied with NHIF, NSSF, HELB, preventing fines.
Successfully facilitated the annual ext. audits for 2 years, alongside the directors and line managers.
Involved in the formulation of the Code of Ethics and corporate Governance, adopted by directors.
Initiated and got the company registered with the NSSF, thereby avoiding possible fines and penalties.
Nairobi Imaging Centre Ltd specializes in printing services, in Kenya, serving local and foreign clientele.
Jan 2003 – Aug 2005: NOVA Associates (CPA / CPS) Consultants.
Audit Assistant/ Associate.
Started as audit junior and eventually as an associate, key duties included:
Reviewing clients audit work papers for compliance with applicable policies and standards.
Updating clients’ books of original entries incl. petty cash registers and analysis books.
Filing the statutory remittances (e.g. PAYE, VAT, NSSF, & NHIF) on clients’ behalf.
Participated in the drawing/ preparation of donor reports and annual Accounts for respective clients.
Updating and maintaining clients’ permanent and current files and ensuring their completeness safety.
Handled office petty-cash beside other duties as a receptionist and a messenger.
Organizations (sector-wise) for which I performed audits with NOVA associates include:
Industrial and Commercial Organizations Hospital & NGOs
Kaplan & Stratton Advocates – Kenya Christian Children’s Fund CCF,
Otieno Odongo & Partners Co. Limited Oliopa Land Owners, Siana Conservancy.
Equatorial Society Of Kenya (ESOK) Think Business Associates
Centre for Tropical & Formal Medicine George hut Funeral Services.
Jan – Dec 2002: Kenya Spinal Injury Association.
Office/ Administration Assistant.
Front office and messenger duties, e.g. drafting and circulating the donor request letters.
Organized charity-walk and sold T-shirts to support the paraplegics and raise public awareness.
Visiting children’s homes e.g. Dagoretti, as part of the institutional social responsibility.
Assisted in procuring paraplegic equipment e.g. Wheelchairs, Sewing machines etc.
Education and Professional Qualifications:
2014: Strathmore University (currently in 3rd year) – BCOM (Finance & Accounting).
2011: KCA University (2008) – Certified Information Systems Auditor (licensed CISA).
2011: Strathmore University (2005)/ Private Study – Certified Public Accountant CPA (K).
2001: Mbita High School – Kenya Certificate of Secondary Education (KCSE B Plain).
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4. Trainings and other Certifications:
2011: KIA & Coop College, Nairobi; (Ethics and Credit mngt) – AKAM Academy
2009: Ismailia Centre Dubai UAE; (Audit processes by AKAM/AKDN Audit Depts).
2009: Coop. College, Nairobi; (Development Ethics 100, by AKAM Academy).
2009: Serena Hotel Nairobi; (MFIs Transformation Process by CBK & AMFI,).
2008/9: Panafric /Safari Club Hotels Nairobi; (IS security, control & governance by ISACA).
2007: Panari Sky Centre Nairobi; (ISO 9001:2000, by Authenticity Consulting Africa).
2006: Advatech Office Supplies; (operating & maintaining ETR Machine)-Datecs MP 55.
2003: Strathmore University; (Professional Ethics by School of Accountancy - SOA)
1999: Tom Mboya High School (The Most Responsible Student of the Year awarded)
Personal Attributes & Details :
 Effective communicator with report writing Skills, keen listener with analytical conceptual skills.
 Honest and highly dependable, with clean criminal & credit records, a good conduct cert. from CID.
 Knowledgeable in IFRS, IIA, ISA and related standards. Have applied for certification by ISACA.
 Proven leadership skills in a diverse and multi-cultural environment, with relevant administrative skills
 Above average knowledge of English & Kiswahili, both written and verbal, and limited Portuguese.
 A mature and conscientious approach to work, and prepared to travel regularly to environments.
 Highly computer literate, specifically in MS Office, Excel, Quick-books, Sage and Loan Performer.
 Valid Travelling documents (passport, Yellow Vaccination), and character and technical references.
 Ability to think and act on my feet in a multi cultural environment/s, besides, being a team player.
 My interests include; - Reading (current & business affairs), Swimming, Travelling.
Referees:
1. Caleb Orwa,
Managing Partner, Orwa & Co. Associates CPA-K,
Finance Director, Think Business Ltd,
Tel: +254 20 234 8344 Fax: +254 20 235 7808; Mobile: +254 722719926 /735884612.
E-mail: caleborwua@yahoo.com or caleb.orwa@orwassociates.com
2. Anthony G. Nderitu,
Managing Director, Rwanda Microfinance Ltd,
Tel : +250 501 127; Mobile: +250-788-309126... or +254-722-733149.
E-mail: anthony.nderitu@rml.co.rw or anthonynderitu@gmail.com
3. Truphenah Ebukala,
HR & Training Manager, Ministry of Youth Affairs (Kenya) –Youth Enterprise Fund,
Tel : +254 20 2211671-5... Fax : +254 20 2211677 Mobile : +254 721 977 044 /732 805 960.
E-mail: tomungala@youthfund.go.ke
4. Susan Mwangi,
HR & Administration Manager, Sustainable Healthcare Foundation,
P.O. Box 1630-00606, Nairobi.
Tel. 020 2716996; Mobile: +254 722974707
Email: sumwangi@yahoo.com
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