Brenda Akinyi

As the Head of Finance at Sedney Institute of Technical and Vocational Training, her role is critical in overseeing the financial management and planning of the institute. Here's an outline of her key responsibilities:

1. Budgeting and Financial Planning: She develops annual budgets in collaboration with other departments and senior management, ensuring that financial resources are allocated effectively to support the institute's strategic objectives. She also forecast future financial needs and develop long-term financial plans.

2. Financial Reporting: Oversees the preparation and analysis of financial statements, including income statements, balance sheets, and cash flow statements. You ensure that financial reports comply with accounting standards and regulatory requirements and provide accurate and timely information to senior management and stakeholders.

3. Financial Control and Compliance: Establishes and maintains internal controls to safeguard the institute's assets and ensure compliance with financial policies, procedures, and regulations. She conducts regular audits and reviews to identify and address any discrepancies or issues.

4. Treasury Management: Manages the institute's cash flow, including monitoring cash balances, investing surplus funds, and managing debt obligations. She optimizes the use of financial resources to maximize returns while minimizing risks.

5. Revenue Management: Oversees the institute's revenue streams, including tuition fees, grants, sponsorships, and other sources of income. She develops strategies to increase revenue generation and diversify funding sources to support the institute's financial sustainability.

6. Financial Analysis and Decision Support: Provides financial analysis and insights to support decision-making by senior management and department heads. This may involve conducting cost-benefit analysis, evaluating investment opportunities, and assessing the financial implications of strategic initiatives.

7. Procurement and Contract Management: Oversees procurement processes and contract negotiations to ensure value for money and compliance with procurement policies and regulations. She may also manage vendor relationships and monitor contract performance.

8. Risk Management: Identifies and assesses financial risks facing the institute, such as market risks, credit risks, and operational risks. She develops strategies to mitigate risks and ensure the institute's financial resilience and stability.

9. Stakeholder Relations: She liaises with external stakeholders, including government agencies, funding bodies, banks, auditors, and other financial institutions. She represents the institute's financial interests and maintain positive relationships with key stakeholders.

10. Team Leadership and Development: She leads and mentor a team of finance professionals, providing guidance, training, and support to ensure their professional growth and effectiveness in carrying out their responsibilities.

In general, as the Head of Finance, she plays a crucial role in ensuring the financial health and sustainability of Sedney Institute of Technical and Vocational Training, enabling it to fulfill its mission of providing quality education and training to students.