Sunil Rastogi

  • Nairobi, Kenya

Senior Finance Executive

Summary

Experienced accounting and finance executive with 31 years of demonstrated successes in developing, managing and executing financial operations and reporting, merger and acquisition strategies and managing teams of finance professionals. 

Work History

Work History
Nov 2001 - Present

Financial Controller

W.E.Tilley (M) Ltd- Nairobi, Kenya
  • Manage accounting and financial operations with oversight for financial reporting, account records and accounting controls.
  • Oversee execution of accounts receivable, accounts payable, bank reconciliation and independent audits.
  • Ensure financial statements comply with internal policy and external regulations (GAAP) while adhering to contractual obligations.
  • Analyze financial statements, conduct cost/benefit analysis and identify areas of weakness.
  • Report directly to the General Manager and Board of Directors to present financial analysis results and develop strategic financial plans.
  • Develop and monitor financial department policies and procedures.
  • Direct all corporate departmental purchasing functions including strategic planning, project deployment and auditing.
  • Manage senior level projects related to finance, budgeting, account management.
  • Identified business processes, assessed business risks, identified and evaluated key internal controls, assessed impact of key controls on overall financial reporting, developed internal controls matrices to determine control weaknesses, recommended appropriate remediation for implementation and supervised controls remediation exercises.
  • Advising on and performing appraisals of financial records, financial and management reports, management controls, policies and practices affecting financial condition and operating results, such as streamlining financial reporting, enhancing accountability, and reducing risk exposure.
  • Responsible for developing and implementing financial strategies, and financial and accounting functions including strategic plans, budgets, financial analysis and reporting, financial management and controls, and developing tools and systems to increase profitability, operational efficiency.
  • Developing program in Excel for preparation of Financial Projections and Cash Flow Projections used extensively in the Group.
  • Complete financial projections /viability study for new business ventures under different assumptions and multiple scenarios rts.

  • Participated in Corporate Restructuring process through merger / de-merger changes in shareholding matters etc.

  • Played key role in setting up/improvising the Corporate Financial reporting system.

  • Instrumental in carrying out different kinds of management audits thereby giving value addition in terms of improvements in existing systems, documents, procedures and cost savings etc.
Oct 1997 - Oct 2001

Financial Controller

Trans Energy Kenya Ltd- Eldoret, Kenya 
  • Plan and manage all large scale financial functions of the Company.
  • Design departmental budgets and oversee accounting integration within the organization.
  • CreatPlan and manage all large scale financial functions of the Company.e and establish financial policies, procedures, programs and best practices.
  • Determine accounting and financial management framework in order to monitor and enhance reporting performance.
  • Analyze and recommend operational and strategic direction based on modeling and forecasting.
  • Set goals, business metrics and standards, comparing analyzed results to ensure departments meet their milestones.
  • Lead teams to identify weaknesses and potential areas of improvements through efficiency studies.
  • Stay abreast of emerging finance standards, applications and technology platforms to ensure company leverages latest performance tools.
  • Handled various aspects of financial reporting, bank reconciliation, internal accounting controls, preparing trial balance, review and preparation of financial statements, sales reports, cash flow analysis, payroll, inventory control, and reviewing accounts receivable/payable.
  • Examined financial records and the adequacy of internal controls to ensure funds were efficiently controlled and financial records accurately reflected the status.
  • Successfully headed the expansion team for Logistics Company from feasibility to the implementation and completion of the project.

  • Successfully headed the complete Corporate Accounting, Fiscal Management such as finalisation of Accounts/tax planning/attending to enquiries, scrutiny notices from Income Tax, Central Excise and Sakes Tax departments
Dec 1988 - Jul 1997

Chief Accountant 

Kioo Ltd - Dar es Salaam, Tanzania
  • Management of Financial and Accounting Functions of the Company.
  • Assessment and Development of Management Information Systems (MIS).
  • Maintenance of Costing System for Glass Manufacturing Operations
  • Budgeting - Preparation of Monthly and Annual Budget.
  • Monitoring / Reporting of Monthly Variances.
  • Financial Management, Control of Working Capital, Cash Flow and Funds Flow Statements.
  • Successful follow up with Banks/Financial Institutios to carry out project loan reconciliations.

  • Preparation of Monthly Financial and Management Accounts.

  • Preparation of Annual Accounts and Liaising with the Auditors.
  •  Taxation and Secretarial Matters.
  • Successfully heading the legal & secretarial functions of an Organisation such as minutes & ROC compliances updates/new company formation/different kinds of legal agreement drafting, executios, pre & post formalities of all kinds of corporate meetings etc.

Jun 1982 - Nov 1988

Accounts Officer

Electronics Consortium Pvt Ltd - New Delhi, India
  • Establishment of Sound Internal Controls and Accounting System.
  • Computerisation of Accounts using in-house Accounting Package.
  • Management of Accounts Payables and Accounts Receivables
  • Finalisation of Annual Accounts.

Education

Education
1984

Chartered Accountant 

Institute of Chartered Accountants of India, New Delhi
1978

Bachelors of Commerce (Hons.)

Shri Ram College of Commerce, Delhi University, New Delhi