Patrick Kairu Kimathi
Nairobi
Summary
Seasoned Accounting and Internal Audit professional with 16 years of progressive experience at Kenya's leading Microfinance Bank. Expert in developing risk-based audit frameworks and implementing cutting-edge audit technologies. Demonstrated success in transforming audit processes through ACL and TeamMate platforms, enabling data-driven risk assessment and automated recommendation tracking. Proven track record in leading cross-functional audits, strengthening internal controls, and delivering actionable insights to key stakeholders. Specialized in financial services compliance, operational efficiency, and risk management within the microfinance sector.
Key achievements include modernizing audit methodology through risk-based sampling, establishing automated tracking systems, and streamlining quarterly management reporting processes. Instrumental in implementing ACL for advanced data analytics and TeamMate for comprehensive audit documentation and tracking.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Financial Audits Manager
Kenya Women Microfinance Bank Ltd (KWFT)
11.2022 - Current
- Financial audits planning and financial reviews as per annual audit plan targets
- Updating risks and controls matrix for assignments undertaken
- Assurance assignments on Efficiency and Effectiveness of operations, Adequacy of Internal Controls, Capital Adequacy Ratios, Impairment Provisions, Test of balances, Expenses, Revenues, Loans and Advances etc
- Summary of key findings to management and other ad-hoc projects and requests
Internal Auditor - (Additional Role)
Uaminifu Regulated (Non WDT) Savings & Credit Co-operative Society
01.2023 - Current
- Developing and updating the Annual audit plan using objective risk based criteria and enterprise risk assessment tools
- Independent Assurance to management on efficiency of operations, accuracy of reporting, internal controls and compliance with laws and regulations
- Implementation tracking, Financial, Operational and ICT quarterly audits and presenting significant findings to management and Supervisory Committee for further action
Zonal Internal Auditor
Kenya Women Microfinance Bank Ltd (KWFT)
08.2012 - 11.2022
- Preparation of the annual audit plan and leading the audit team to achieve targets set in the annual audit plan
- Quarterly summaries on key findings and discussion with the management
- Planning, resource allocation, execution & review of audit files / audit projects in hard copy and TeamMate audit documentation software
- Use of ACL data mining software for special assignments and transaction monitoring
- Scheduling audit projects using TeamMate Audit software and tracking status on implementation of audit recommendations
- Approval of pre-engagement & risk analysis plan before undertaking any audit in the work plan
- Tracking status of work, percentage covered in relation to monthly, quarterly & yearly targets and appraisal of staff
- Conducting operational, ICT and financial reviews
- Testing for compliance with internal procedures like AML & KYC, existing laws & guidelines including the Microfinance Act, CBK prudential guidelines and other relevant laws
Assistant Internal Auditor
Kenya Women Microfinance Bank Ltd (KWFT)
05.2009 - 07.2012
- Appraisal of the organization's internal controls and making recommendations for improvement
- Determining the efficiency and effectiveness of operations
- Review of marketing outlets, branches and other program activities and making recommendations for improvement as per the annual audit plan
- Conducting operational reviews, ICT reviews and financial reviews
Accounts Assistant
Kenya Women Microfinance Bank Ltd (KWFT)
01.2007 - 04.2009
- Loan processing, preparation of payment vouchers and writing cheques
- Preparing monthly reports, managing rent schedules and stationery
- Responding to queries and communication with the unit offices on matters arising in the field
- Petty cash preparation and petty cash control for the assigned field offices
- Filing, bank reconciliation, data input and postage preparation for transmittal to unit offices
- Fuel expenses allocation and confirmation against work tickets
Intern
The Ministry of Finance
01.2006 - 04.2006
- Performing routine duties assigned after training in voucher preparation section, examination section, vote book section, Agency, revenue section, Bank reconciliation section, Cash office and Public Debt
Education
Bachelor of Business Administration - Finance option
Maseno University
Kisumu, Kenya12.2006
Kenya Certificate of Secondary Education - Mean Grade B
Njoro Boys High School
Nakuru, Kenya12.1999
Kenya Certificate of Primary Education - 552 marks out of 700
Bell-house Primary School
Nakuru, Kenya12.1995
Skills
- Audit Software: ACL data mining, TeamMate audit management system
- Risk Management: Risk-based audit planning, enterprise risk assessment, controls matrix development
- Financial Analysis: Capital adequacy assessment, impairment provisions, balance sheet analysis
- Compliance: CBK prudential guidelines, Microfinance Act, AML/KYC procedures
- Technical: CCNA certification, Windows OS management, data recovery
- Accounting: Sage, Pastel, QuickBooks
- Leadership: Team management, project scheduling, performance appraisal
Otherresponsibilities
- Assistant treasurer, Imani Breeze Estate, 2020 to Present
- Team leader, Eastern Zone audit team, 2012 to 11/01/22
- Member, St. Francis Small Christian Community - St. John & Sylvia, our Lady of Divine Mercy
- Chairman, ARMCO - Audit Risk Management & Compliance staff merry go round, 2010
- Fire Marshal, Kiambere rd. Head Office Block A, 2010 and KWFT Center 2024
- Secretary and signatory, KWFT Administration Office Staff Welfare Scheme (Mt. Kenya West regional office), 2008 - 2009
- Auditor, KWFT Mt. Kenya West Region Staff Welfare MGR scheme, 2009
Certification
- Cisco Certifications - (CCNA 1 routing and switching; Introduction to Networks & CCNA 2
routing and switching essentials), KCA University, 2016 to 2018 - TeamMate audit management system suite (Module 1 & Module 2), Azmasoft consulting Ltd,
July 2015 to February 2016 - ACL audit software training, Kenya Women Microfinance Bank Ltd, October 2013 to July 2014
- Accounting packages – Sage, Pastel and Quick books, Dynamic College of Professional
Studies, January to April 2012 - CPA Section 6, Royal Business College, December 2011
- Operating systems and data recovery:
Conversant with basic data recovery techniques and system restore functions for Windows 2000,
Xp, Longhorn, Vista, Windows 7, 8, 8.1, 10 and 11
Languages
English
Proficient
C2
Swahili
Proficient
C2
Timeline
Internal Auditor - (Additional Role)
Uaminifu Regulated (Non WDT) Savings & Credit Co-operative Society
01.2023 - Current
Financial Audits Manager
Kenya Women Microfinance Bank Ltd (KWFT)
11.2022 - Current
Zonal Internal Auditor
Kenya Women Microfinance Bank Ltd (KWFT)
08.2012 - 11.2022
Assistant Internal Auditor
Kenya Women Microfinance Bank Ltd (KWFT)
05.2009 - 07.2012
Accounts Assistant
Kenya Women Microfinance Bank Ltd (KWFT)
01.2007 - 04.2009
Intern
The Ministry of Finance
01.2006 - 04.2006
- Cisco Certifications - (CCNA 1 routing and switching; Introduction to Networks & CCNA 2
routing and switching essentials), KCA University, 2016 to 2018 - TeamMate audit management system suite (Module 1 & Module 2), Azmasoft consulting Ltd,
July 2015 to February 2016 - ACL audit software training, Kenya Women Microfinance Bank Ltd, October 2013 to July 2014
- Accounting packages – Sage, Pastel and Quick books, Dynamic College of Professional
Studies, January to April 2012 - CPA Section 6, Royal Business College, December 2011
- Operating systems and data recovery:
Conversant with basic data recovery techniques and system restore functions for Windows 2000,
Xp, Longhorn, Vista, Windows 7, 8, 8.1, 10 and 11
Bachelor of Business Administration - Finance option
Maseno University
Kenya Certificate of Secondary Education - Mean Grade B
Njoro Boys High School
Kenya Certificate of Primary Education - 552 marks out of 700
Bell-house Primary School
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