Nelson Ng’ang’a

CURRICULUM VITAE – Nelson Ng’ang’a

Name of Firm: Goal Advisory (A) Limited

Profession: Auditor/Tax consultant

Date of Birth: 1981

Nationality: Kenyan

Membership in Professional organizations:

Member of the Institute of Certified Public Accountants (ICPAK

Key Qualifications:

Bachelor of Business Management – Moi University

Certified Public Accountant (CPA) Kenya

Work experience:

Jan 2007 to date: Director, Goal Advisory Limited
May 2005 to Dec 2006: Senior Tax and audit manager Tax plan/ Geoff and associates, Nairobi

Key Experience and background

Nelson is a qualified accountant CPA; with over thirteen years’ experience in providing Audit, Tax consultancy and training services and audit services to wide range of clientele.

He has considerable experience in Internal and external Audits, project Appraisals Including writing up organization Manuals and setting up internal controls. He has wide experience in Accountancy; Audit of Donor funded projects, Taxation and special investigations

He is also experience in both corporate and personal taxation including both consultancy and compliance work such corporate capacity building, due diligence assignments, covering the Insurance, Manufacturing, non-governmental organization advisor, Agriculture, Mining and Service sectors to tax compliance work, which involves making sure that our clients meet their compliance deadlines.

Key assignments and roles:

Selected specific experience in the areas of corporate finance and business advisory, taxation consultancy and audit is outlined below;

1 Key Assignments under Goal Advisory

2010 to Date; ICEA and sygenta Group:

As the tax director, I ensured;

Review the draft computations to assess the tax provisions to be included in the company’s annual statutory accounts. Any issues arising from the review will be discussed with you and any amendments arising there from that are agreed upon will be incorporated in the tax computations. This will be carried out at the time of statutory audit;
Review the company’s position at the time of determining the instalment tax payments;
Notify you or your duly authorized of:

the dates on which the instalment tax payments are due;
the bases that are available for computing the instalment tax liabilities;

the basis we recommend for paying the instalment; and

the amount of instalment tax payable

Submit cheque on behalf of the company for the quarterly instalment taxes and balance of tax due, if any to the KRA provided that the cheque is delivered to our offices a day before the deadline;
Prepare and submit the annual self – assessment returns (SAR), and the required attachment including signed audited accounts and tax computations to the KRA.
Deal with routine queries from the KRA on issues relating directly to the SARs submitted from the time we are appointed the tax agents.
Check the disallowed expenses that affected the profit/loss.
Review the wear and tear allowances.
Advice on the amount payable including the accumulated penalties if any.
Assist in filling and advice on how to resolve the issues arising.
proper computation and remittance of taxes and statutory deductions i.e. VAT, PAYE, NSSF and NHIF
Representing ICEA at the tax tribunal where our client received a favorable Judgement

2015 to Date; National Hospital Insurance Fund

NHIF is a statutory body dealing with marketing health insurance financing and promotional activities in the Eastern and Western Africa region

As the auditor and the tax agents, I ensured;

Review NHIF tax file and tax ledger and provide a report on withholding tax certificates on investments for the period July 2015 to June 2017
Review the fund expenses and factor in the tax implications on each (allowable and non-allowable deductions)
Classify categories of income for tax purposes (exempt income and taxable income)
Review the pension contribution and determine non allowable contributions
Review all withholding tax certificates that have been unutilized and advise NHIF on various option of utilization
Compute wear and tear allowance.
Establish the loses brought forward.
Prepare comprehensive tax computation
File amended returns for periods utilizing the withholding tax credits.
Representing NHIF at the tax tribunal.

2007 to Date; Sivad Construction Company Limited

Sivad is a Construction Company with major projects across the country

As the auditor manager and the tax agent, I ensured;

that the annual audit is done within four months after year end
The books of account agree to the draft financial statements.
The client’s draft accounts are prepared on time.
That there is adequate documentation to support the books of accounts
That the fixed assets are updated and well supported with documents and physically verify the existence of the assets
Circularization of debtors and creditors is done on time
Bank confirmations are done on time
The client is generally tax compliant and with other statutory deductions
That the VAT refunds are audited within the required time and active follow up of the claims.
the accounting system and system of internal controls is reviewed on a regular basis

2007 to Date; VIBS Limited

At VIBS, I have offered the following services as the team leader;

Ensuring proper computation and remittance of taxes and statutory deductions i.e. VAT, PAYE, NSSF and NHIF
Tax consultancy services
Training on Tax and accounting

2 Forensic Audit and investigations experience

Nelson has been involved in involved in forensic audit and recommending prosecution of the culprits involved for the following organisations:

Blue shield insurance Company Limited –Role: Team manager
Jumbo Sacco

Audit and tax manager on the following key assignments among many others:

Promasidor Limited
Jumbo SACCO Limited
Karibu emporium
Gicsons Limited
Nutro Manufacturing Limited

Training and capacity building experience

NHIF: Involved in recruitment of key positions within the company including drawing up the advertisement in the daily newspapers, screening of candidates and conducting actual interviews.
ICEA: Tax training refresher course for finance staff
In house training of Syngenta staff on deferred tax.
Internal audit training for the Micro Africa Limited internal audit department

Before joining Goal advisory, Nelson was an Audit senior with Taxplan Consulting/ Geoff & Associates. Where he rose from the position of an Audit/accounts Trainee to an Audit senior.

His Key Duties included;

Internal Audit appraisals.
Setting up internal control systems.
Writing of organization’s internal control Manual
Examining projects` activities and accounting procedures and reporting on compliance with the client’s management financing conditions
Determination of taxable income for companies and individuals.
Review of draft tax computations prepared by some of our big client's
Preparation of tax computations and advising clients on tax planning and compliance
Providing ad hoc advice to clients on various tax issues
Responding to queries from Kenya Revenue Authority on behalf of clients.
Review and verification of the items on which the client has claimed investment deduction to ensure that these qualify for the claims.
Posting of general ledgers.
Extracting of trial balance.
Preparation of financial statements.
Preparation of schedules to support the financial statements.
Preparation of the payroll and filling the related returns.
Preparation of VAT accounts, completion of Vat 3 and filling the returns.
Preparation of projected cash flows.
Preparation of projected management accounts