Abel Musuya

ABEL MUSUYA Group Finance & Treasury Leader | Regional Controller | Strategic Finance Partner E - -  Nairobi, Kenya CORE COMPETENCIES EXECUTIVE SUMMARY Strategic Finance & Treasury Management Strategic finance leader with 6+ years of multinational experience orchestrating highimpact treasury operations, ERP transformation, and regulatory compliance across SubSaharan Africa. Trusted with oversight of $150M+ in fixed assets and $600K+ in monthly cash flows, delivering measurable value through liquidity optimization, audit alignment, and policy-driven controls. Adept at leading cross-border teams across Kenya, Uganda, Rwanda, Ghana, Zambia, and DRC, and known for translating financial complexity into actionable insights. Champion of digital finance evolution, with a proven record of accelerating reporting cycles, mitigating risk, and enabling strategic decision-making at the highest level. Cash Flow Forecasting Liquidity Optimization Treasury Controls FX Management Risk Mitigation Financial Controls & Compliance Tax Compliance (VAT, WHT, Excise, PAYE) Internal Controls IFRS/GAAP Reporting Audit Preparation KEY ACHIEVEMENTS ? Achieved a 15% reduction in treasury inefficiencies across six countries by implementing real-time cash flow monitoring systems, boosting liquidity visibility and optimizing working capital deployment. ? Led end-to-end fixed asset verification exercises in Kenya, Uganda, Rwanda, and Ghana, reducing discrepancies by 30% and securing a clean audit opinion during the 2024 group financial review. ? Centralized FX risk management and intercompany funding operations, standardizing exposure mapping and ensuring uninterrupted liquidity support across multiple subsidiaries. ? Spearheaded a full ERP migration from AX Dynamics to Microsoft D365, enhancing system integration and reducing monthly reporting timelines from 14 days to just 5. ? Negotiated an 80% reduction in tax penalties during a complex KRA audit by delivering reconciled financial records and implementing corrective compliance frameworks. ? Honored by the Managing Director of EssilorLuxottica as 2022 Finance Employee Titan for leading AP transformation and achieving 100% audit compliance across four countries. ? Developed and implemented treasury governance protocols, including dual signatory workflows, FX trade centralization, and policy standardization for bank account operations. ? Streamlined inventory management by launching SOPs and automated reconciliation templates at Jibu Group, significantly reducing stock variances and audit queries Digital Systems & Process Automation ERP Systems: Microsoft D365, Oracle Netsuite, QuickBooks, AX Dynamics Data Analysis: Excel (Advanced), Power BI Workflow Automation Leadership & Cross-Border Operations Team Leadership Shared Services Management Multi-country Treasury Oversight Stakeholder Engagement LANGUAGES English Kiswahili Proficient Advanced EDUCATION Bachelor of Commerce Finance: First Class Honors University of Nairobi-2016 Nairobi, Kenya Kenya Certificate of Secondary Education: AKibabii Boys High School-2010 Institute of Certified Public Accountants of Kenya (ICPAK) Institute of Certified Public Accountants of Kenya (ICPAK) Nairobi, Kenya VOLUNTEER WORK PROFESSIONAL EXPERIENCE Supported a week-long medical outreach at Nyarugusu Refugee Camp, delivering vision care and eyeglasses to 1,000+ beneficiaries. JIBU Inc OneSight Foundation, Tanzania (2023) REFERENCES Available upon request. Group Treasury & Asset Management Lead 2024 - 07/2024 Nairobi, Kenya • Lead treasury and asset management operations across six countries, overseeing $600K+ in monthly cash flow and a $150M fixed asset base, while supervising a finance team of 5 accountants and 2 finance assistants • Designed and implemented group-wide treasury policies including dual signatory protocols, centralized FX deal execution, and fraud mitigation frameworks, enhancing transparency and risk control • Perform daily burn rate analysis and cash flow forecasting to guide strategic intercompany funding decisions and optimize working capital utilization across regional operations • Coordinated fixed asset audits in Kenya, Uganda, and Rwanda, and managed remote verification in Ghana, supporting a clean audit close with zero major findings • Streamlined inventory operations valued at $3M by introducing reconciliation SOPs, scrapping policies, and automated tracking systems, reducing inventory discrepancies and financial leakage • Oversaw multi-jurisdiction tax compliance (VAT, WHT, PAYE, Excise), improving filing timelines and minimizing exposure to penalties • Collaborate with ERP teams to integrate systems and automate reporting, strengthening audit trails and shortening monthly close timelines • Contributed to high-level decisions by delivering cash budget variance insights that supported project deferral and capital reallocation in Ghana EssilorLuxottica Senior Accounts Payable Accountant – Shared Services 06/2022 - 07/2024 Nairobi, Kenya • Supported finance operations for four commercial entities (Kenya, Nigeria, Ethiopia, Angola) and the OneSight Foundation, while acting as AP process lead and mentor to junior finance staff • Processed $700K+ in monthly vendor invoices via 3-way match in Microsoft D365; enforced policy compliance and vendor evaluation standards across shared services • Supervised the staff travel settlement cycle (Uber, credit card, cash advance), improving reimbursement timelines and expense accuracy through enhanced accountability workflows • Filed VAT, WHT, PAYE, and Excise returns across all jurisdictions, maintaining 100% compliance and a reconciled VAT ledger • Reconciled trial balances and maintained schedules to support accurate month-end journal entries (accruals, prepayments, provisions) • Served as lead contact for three successful audits (internal, statutory, external), praised for speed of documentation and audit responsiveness • Monitored vendor contracts, trade agreements, and debt covenants to ensure alignment with internal control frameworks • Supported CAPEX/OPEX budgeting cycles, conducted variance analyses, and delivered reports that influenced cost reallocation and strategic adjustments Finance Assistant – Shared Services EssilorLuxottica – Nairobi, Kenya 12/2018 - 06/2022 Nairobi, Kenya • Managed petty cash and executed weekly bank reconciliations to ensure accuracy in reporting and timely cash position updates • Processed vendor invoices, created new vendor/customer profiles, and issued biweekly customer account statements • Filed statutory returns (VAT and WHT) in compliance with regulatory schedules and maintained accurate supporting documentation • Maintained and updated the fixed asset register; posted month-end journals for depreciation, scrapping, and provisions • Monitored customer credit limits and managed payment terms for both domestic and export accounts, contributing to improved cash flow and DSO metrics • Acted as custodian of financial documentation, ensuring organized and audit-ready records across all finance functions