Subscribe for Job Alerts
0111465659 admin@hrmd.co.ke
Post a job
Post a job
okeyotimon20@gmail.com

okeyotimon20@gmail.com

Management Accountant
KES250,000/month
0 (0 Reviews)

About me

A highly skilled and results-driven Management Accountant with a strong background in financial planning, budgeting, cost control, Internal Audit and strategic decision-making. With over five years of experience spanning Media to Microfinance which include various
department operations such as inventory management, sales, administration, credit,
finance, and audit, I possess a well-rounded understanding of financial operations across
diverse industries.

Currently serving as a Management Accountant at The Standard Group PLC, I play a
pivotal role in financial reporting, variance analysis, Budgeting and cost management,
ensuring optimal resource allocation and business efficiency. I am proficient in financial
modeling, forecasting, and risk assessment, enabling data-driven decision-making to drive
profitability.

Holding a Bachelor’s degree in Finance from KCA University and CPA qualifications from
Strathmore University, I have a solid academic foundation in financial principles and
regulatory compliance. Additionally, I am pursuing a Master of Science in Commerce
(Finance and Economics) at KCA University, further strengthening my expertise in
financial strategy and economic analysis.

I am passionate about enhancing financial efficiency, streamlining operations, and
providing actionable insights that support business growth. Adept at using advanced
financial tools and ERP systems (QuickBooks, SAP and Advanced Excel), I thrive in
dynamic environments that require analytical problem-solving and strategic financial
leadership

Skills

Communication Skills Documentation

Work Experience

Management Accountant
The Standard Group PLC November 1, 2023 - Present Position: Management Accountant – Reporting Finance Responsibilities: ➢ Partnerships, Knowledge Management & Communication: ▪ Participate in finance meetings, collaborating with internal teams and key stakeholders to ensure smooth financial operations. ▪ Provide financial guidance and training on internal processes, improving compliance and efficiency. ▪ Support financial knowledge sharing through reports, documentation, and best practice dissemination. ➢ Business Continuity & Accounts Payable Management: ▪ Review and validate accounts payable transactions to ensure accuracy, correct chart of accounts usage, and compliance with financial policies. ▪ Process vendor invoices, staff claims, cost recoveries, and journal adjustments in the ERP system, ensuring timely approvals and payments. ▪ Conduct first-level financial reviews of partner transactions, supporting fund allocation and liquidation processes. ▪ Monitor fund utilization and provide support in resolving financial queries through collaboration with various departments. ▪ Review requests for General Ledger Journal entries and prepare adjustment entries for approval. ➢ Accounting & Year-End Financial Management: ▪ Analyze and correct general ledger accounts related to payables, ensuring accuracy in financial data and preparing period-end adjustments. ▪ Assist in period-end and year-end closure activities, ensuring compliance with reporting requirements. ▪ Reconcile financial records to enhance data integrity, identifying and addressing discrepancies in transactions. ➢ Financial Reporting & Compliance: ▪ Support internal and external audits by preparing financial reports and documentation from the ERP system (SAP). ▪ Prepare and submit monthly management accounts. ▪ Monitor financial data accuracy through dashboards, ensuring proper tracking and follow-ups on financial transactions. ▪ Assist in donor and statutory reporting by compiling relevant financial information and maintaining audit-ready records. ➢ Business Process & Systems Efficiency: ▪ Analyze system-generated financial reports to identify and rectify delayed or duplicate transactions. ▪ Recommend process improvements to enhance efficiency, cost-effectiveness, and policy compliance in financial operations. ➢ Additional Responsibilities: ▪ Manage petty cash operations and ensure compliance with financial policies. ▪ Provide support in financial system updates, vendor management, and fund code monitoring. ▪ Support cross-functional teams in achieving financial and operational objectives.
Credit Admin/Accounts Assistant
Progressive Credit Limkited June 1, 2020 - August 31, 2023 Position: Accounts Assistant/Credit Admin Key Achievements: ➢ Reduced Non-Performing Loans (NPLs): Successfully implemented strategies that lead to a reduction in the organization's non-performing assets by improving loan recovery processes and minimizing loan defaults. ➢ Effective Loan Recovery Strategies: I developed and implemented efficient and ethical loan recovery strategies that led to a significant decrease in the percentage of overdue loans and an increase in the overall recovery rate. ➢ Enhanced Customer Satisfaction and Retention: Implemented customer-centric approaches that led to improved customer satisfaction and retention rates, thus establishing a positive image for the institution and fostering long-term customer relationships. ➢ Risk Mitigation and Compliance: Demonstrated a strong understanding of regulatory requirements and implemented effective risk management strategies to ensure compliance with industry standards, leading to improved regulatory compliance and reduced legal risks. ➢ Effective Communication with Stakeholders: Developed and maintained strong relationships with clients, stakeholders, and regulatory authorities through clear and concise communication, leading to increased trust, cooperation, and improved business outcomes.
Asset Finance Officer
Watu Credit Limited May 1, 2018 - May 29, 2020 Key Achievements: ➢ Increased Asset Portfolio Growth: Achieved substantial growth in the asset portfolio by effectively identifying and capitalizing on new business opportunities, resulting in increased revenue and market share for the company. ➢ Optimized Financing Structures: Developed and implemented innovative financing structures that meet the specific needs of clients, resulting in improved financial solutions, increased client satisfaction, and a competitive edge in the market. ➢ Reduced Credit Risks: Implemented robust risk management strategies that resulted in a significant reduction in credit risks associated with asset financing, thereby safeguarding the company's financial stability and enhancing its credit profile. ➢ Strong Relationship Building with Vendors and Clients: Established and nurtured strong relationships with vendors, dealers and clients, leading to an expanded network and increased referral business, which contributed to the overall growth and success of the asset financing business. ➢ Adherence to Regulatory Compliance: Ensured strict adherence to regulatory compliance and industry standards in all asset financing operations, resulting in improved credibility, reduced legal risks, and enhanced trust among stakeholders and clients. ➢ Effective Team Leadership and Development: Provided strong leadership to the asset finance team, fostering a culture of collaboration, and facilitating professional development, resulting in a motivated workforce, improved productivity, and higher employee retention rates.

Education

Bachelor of Commerce (Finance)
Degree January 4, 2021 - November 16, 2023 Bachelor of Commerce in Finance (2nd Class Honors Upper Division) KCA University
Master of Science in Commerce (Finance & Economics)
Masters January 8, 2024 - Present Master of Science in Commerce (Finance and Economics) KCA University
CPA
CPA January 6, 2014 - November 19, 2024 CPA Finalist

Review

0 Base on 0 reviews
Working attitude
Progressive working attitude
0
Team work
Good teamwork spirit
0
Skill & Experience
Skills and experience meet well
0
Offered Salary
Suitable salary
0

Reply

Cancel reply
Send message
Cancel
Invite to apply job

Select job to invite this user

Clear Invite
Sign Up