Fred Mwololo, CPA

Chief Finance Officer (CFO)

Nairobi, Kenya

Professional Overview

Fred Mwololo is a seasoned finance executive with over 12 years of experience in the healthcare and education sectors. As the Chief Finance Officer (CFO) at Luton Medical Hospital, he is responsible for overseeing the organization's financial operations, strategic planning, and business performance optimization.

Experience Summary

Current Role

Chief Finance Officer (CFO), Luton Medical Hospital (2023-05-01 to Present)

Provides strategic financial leadership and oversees all aspects of the hospital's financial management, including budgeting, forecasting, and reporting.

Drives operational efficiencies and cost optimization initiatives to enhance the hospital's financial sustainability.

Collaborates with the executive team to develop and implement long-term financial strategies that align with the organization's growth objectives.

Ensures compliance with relevant financial regulations and industry best practices.

Career Progression

Finance Manager, GrowPact Kenya LTD (2022-01-01 to 2023-05-01)

Managed the finance function, including accounting, treasury, and financial reporting, for this fast-growing healthcare technology company.

Implemented robust financial controls and processes to support the company's rapid expansion.

Played a key role in securing funding and managing investor relations.

Senior Accountant Treasury, United States International University - Africa (2020-02-01 to 2022-01-01)

Oversaw the university's treasury operations, including cash management, foreign exchange, and investment portfolio management.

Streamlined treasury processes and introduced innovative financial strategies to enhance liquidity and mitigate risks.

Contributed to the development of the university's long-term financial plans and budgets.

Senior Accountant Fixed Assets, United States International University - Africa (2015-09-01 to 2020-01-01)

Managed the university's fixed asset register and capital expenditure processes.

Implemented robust asset management controls and procedures to ensure the integrity of the university's financial records.

Played a key role in the university's infrastructure development projects and asset optimization initiatives.

Senior Accountant Treasury, United States International University - Africa (2011-04-01 to 2015-08-01)

Managed the university's treasury operations, including cash flow forecasting, liquidity management, and investment portfolio oversight.

Implemented cash management strategies to improve the university's financial position and enhance investment returns.

Contributed to the development of the university's financial policies and procedures.

Academic Background

Bachelor of Commerce (B.Com), Accounting, University of Nairobi

Certified Public Accountant (CPA), Kenya

Areas of Expertise

Financial management and reporting

Treasury and cash flow optimization

Budgeting and forecasting

Financial modeling and analysis

Strategic financial planning

Compliance and risk management

Project and asset management

Professional Impact

Spearheaded the implementation of a robust financial management system at Luton Medical Hospital, resulting in a 20% improvement in operational efficiency and cost savings.

Played a pivotal role in securing a $5 million investment for GrowPact Kenya LTD, enabling the company to accelerate its growth and digital transformation initiatives.

Developed a comprehensive fixed asset management strategy for the United States International University - Africa, which led to a 15% reduction in maintenance costs and a 12% increase in asset utilization.

Conclusion

With his exceptional financial acumen, strategic mindset, and proven track record of driving organizational success, Fred Mwololo is poised to make a significant impact as the Chief Finance Officer at Luton Medical Hospital. His diverse experience, technical expertise, and collaborative leadership style make him a valuable asset in navigating the complex financial landscape of the healthcare industry.