
Kenneth Ochieng
Chief Finance Officer
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About
Senior Finance Leader with 20+ years of experience leading finance functions across multi-entity and regulated environments. Proven track record in financial strategy, liquidity management, and governance, with deep expertise in financial reporting, budgeting, and risk management. Trusted advisor to executive leadership, delivering data-driven insights to support strategic decision-making, operational efficiency, and sustainable growth.
Experience
Chief Financial Officer at Medionics Healthcare Group Ltd (2016-10 – Present)
Provide strategic and operational finance leadership across a multi-entity healthcare group, ensuring financial integrity, compliance, and performance.
- Lead end-to-end finance function: financial reporting, month-end close, and balance sheet integrity
- Oversee budgeting, forecasting, and variance analysis to support business planning
- Drive liquidity management, cash flow forecasting, and working capital optimization
- Ensure compliance with IFRS, tax, and statutory requirements
- Coordinate external audits and maintain full audit readiness
- Strengthen internal controls framework to safeguard assets and mitigate risk
- Partner with executive leadership to provide strategic financial insights
- Lead, mentor, and develop finance teams to drive high performance
- Turned around liquidity position from overdraft to positive cash through disciplined cash management
- Enhanced financial reporting accuracy and reduced audit issues through improved controls
- Implemented financial discipline frameworks improving accountability across entities
Finance and Administration Manager at The Nairobi Club (2015-03 – 2016-09)
Managed finance operations in a cash-intensive hospitality environment, ensuring control, compliance, and financial discipline.
- Led daily cash management, reconciliations, and financial reporting
- Strengthened internal controls, procurement governance, and compliance frameworks
- Oversaw budgeting, payroll, and cost control
- Increased reserves by 150% through disciplined financial management and controls
Manager, Financial Operations at The Paradigm Project L3C (2009-05 – 2015-02)
Managed finance for donor-funded programs in a highly regulated environment.
- Managed donor-funded programs (USD 1.4M), ensuring compliance and reporting accuracy
- Led budgeting, financial reporting, and audit coordination (including USAID compliance)
- Strengthened financial controls and cost tracking systems
Chief Accountant at Optware Communications Ltd (2005-05 – 2009-04)
Led Financial planning & analysis, reporting, and compliance at an ICT company executing regional projects.
- Managed GL, reporting, and compliance
- Strengthened internal controls and financial governance
- Supported costing and commercial decision-making
Financial Officer at Sidian Bank Ltd (K-Rep Bank Ltd) (2003-05 – 2005-04)
Maintained financial integrity through compliance and accurate reporting for a top microfinance Banking institution.
- Ensured regulatory compliance, financial controls, and reporting accuracy
- Supported cash operations, payments, and internal controls in a banking environment
Part-Time Lecturer at Catholic University of Eastern Africa (2014-05 – 2015-12)
A leading institution of higher learning committed to providing quality education rooted in Catholic values and principles.
- Delivered engaging lectures on Basic Accounting, Financial Accounting, and Financial Management to an evening class of 40 students
- Facilitated interactive learning sessions through case studies and practical exercises, fostering a deeper understanding of complex financial concepts
Education
MBA in Finance
Bachelor of Commerce in Accounting
