Melick Ndula Olale
About Candidate
A results-driven Group Accountant with extensive experience in multi-entity financial reporting,
regional tax compliance, and ERP system implementation. Proven track record in managing high-value
accounting operations across the Mining, Gases, and FMCG sectors within the East African region.
Expert in navigating complex regulatory frameworks i.e. (Kenya Revenue Authority, Tanzania Revenue
Authority, WCF, SDL, Customs Requirements, permits among other requirements) and ensuring 100%
statutory compliance while optimizing cash flow and working capital. Adept at leading internal controls,
KYC/AML processes, and preparing audit-ready financial statements under IFRS standards.
Location
Education
Work & Experience
.Financial Reporting & Compliance: Lead the preparation of comprehensive monthly, quarterly, and annual financial statements, ensuring IFRS compliance and streamlining month-end closing processes. • Regional Tax Management: Oversight of 100% tax compliance across multiple jurisdictions, including KRA (Kenya) and TRA (Tanzania), mitigating all potential penalty risks. • Audit & Internal Controls: Serve as the primary liaison for annual audits; maintained meticulous records that resulted in zero-finding audit outcomes. • Operational Risk: Established and enforced rigid KYC and Anti-Money Laundering (AML) protocols for vendor and customer onboarding to mitigate financial and reputational risks. • Inventory & Asset Oversight: Implemented an automated inventory control system and asset register to optimize stock levels and track depreciation across group entities. • Business Operations: Manage end-to-end financial operations overseeing payroll, statutory filings, and liquidity planning.
.Treasury Management: Managed petty cash, bank reconciliations, and timely processing of imprests and claims to maintain high liquidity standards. • Regulatory Systems: Managed KRA excise stamps and digital activations via the EGMS Portal, ensuring seamless product movement in the FMCG space. • Financial Planning: Actively contributed to budget preparation and monitoring, identifying variances to assist senior management in strategic decision-making. • Data Integrity: Oversaw ERP data entry (Invoices, Expense Vouchers) and verified all accounting documentation to ensure a "paper-trail" ready for statutory review. • Inventory Management: Oversaw Raw materials and finished product inventory levels for optimum production management and avoid market shortages for our products