Summary
Overview
Work History
Education
Skills
Timeline
Generic

Dorcas Wamalwa

Nairobi

Summary

Dynamic Senior Accountant with extensive experience at Nairobi Securities Exchange Plc, recognized for enhancing financial reporting accuracy and streamlining reconciliation processes. Proficient in GAAP compliance and internal controls, I excel in delivering timely insights and fostering team collaboration, driving significant improvements in budget forecasting and audit readiness.

Overview

17
17
years of professional experience

Work History

Senior Accountant

Nairobi Securities Exchange Plc
12.2015 - Current
  • Developed budget forecasts, enabling informed decision-making for resource allocation.
  • Streamlined reconciliation processes, enhancing efficiency in financial operations.
  • Implemented cost control measures, identifying areas for potential savings and improved profitability.
  • Coordinated audit activities, collaborating with external auditors to ensure compliance and transparency.
  • Utilized advanced accounting software to automate reporting functions, reducing manual errors and saving time.
  • Prepared monthly journal entries and reconciliations.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
  • Updated general ledger with latest entries.
  • Completed year-end closing processes with controllers and external auditors.
  • Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
  • Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
  • Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
  • Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control.
  • Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.
  • Assisted team members in transitioning to new system through extensive training and one-on-one support.
  • Ensured regulatory compliance with GAAP standards by staying current on updates and integrating changes into accounting practices as needed.
  • Streamlined accounts payable processes, reducing payment cycle times by automating invoice processing.
  • Assisted in successful completion of external audits by preparing comprehensive documentation and supporting evidence.
  • Improved stakeholder satisfaction by delivering customized financial reports tailored to specific departmental needs.
  • Reduced month-end closing time, meticulously organizing and reviewing ledger entries for consistency.
  • Contributed to policy development, recommending changes to improve financial procedures and controls.
  • Enhanced budget forecasting accuracy, employing comprehensive variance analysis techniques.
  • Prepared detailed financial statements for quarterly board meetings, providing clear insights into financial health.
  • Enhanced compliance with tax regulations by meticulously updating and maintaining tax records.
  • Enhanced inter-departmental collaboration, coordinating closely with sales team to align financial strategies.
  • Streamlined tax preparation process, ensuring timely and accurate submission of all tax documents.
  • Provided journal entries and performed accounting on accrual basis.
  • Maintained integrity of general ledger and chart of accounts.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
  • Mentored junior accountants, fostering skill development and improving team performance.

Accountant

Professional Technologies Ltd
12.2008 - 11.2015
  • Oversaw monthly reconciliations, identifying discrepancies and implementing corrective actions for accuracy.
  • Streamlined accounts payable and receivable workflows, enhancing efficiency and reducing processing times.
  • Implemented internal controls to mitigate risks and improve overall financial reporting integrity.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
  • Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
  • Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
  • Prepared and filed tax forms to meet needs of customers.
  • Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
  • Reduced outstanding accounts receivable by developing and enforcing stricter credit control policies.
  • Assisted in successful negotiation of terms with vendors and suppliers, improving company's cost-efficiency.
  • Reduced financial risks by implementing robust internal controls and monitoring mechanisms.
  • Achieved compliance with all tax regulations by staying updated on changes and conducting thorough reviews of financial operations.
  • Identified significant tax savings opportunities by conducting in-depth research on applicable deductions and credits.
  • Facilitated smoother audit processes by maintaining organized and comprehensive financial documentation.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Diminished outstanding debts by analyzing accounts for issues.
  • Provided journal entries and performed accounting on accrual basis.
  • Maintained integrity of general ledger and chart of accounts.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.

Education

No Degree - Accounting

Strathmore University
Nairobi, Nairobi Province, Kenya

Bachelor of Arts - Business Administration And Management

Egerton University
Kisii, Kisii District, Kenya
12-2008

Skills

  • General ledger accounting
  • Financial reporting
  • Audit support
  • Financial statement review
  • Bank reconciliation
  • Accounts receivable management
  • Tax preparation
  • Generally accepted accounting principles
  • Intercompany transactions
  • Variance analysis
  • Audit preparation
  • ERP systems expertise
  • Payroll oversight
  • Fixed asset accounting
  • Internal controls
  • Payroll processing
  • Consolidation accounting
  • General ledger management
  • Expense tracking
  • Value added tax compliance
  • Recordkeeping
  • Project accounting
  • Revenue recognition
  • Certified public accountant (CPA)
  • Internal controls implementation
  • Nonprofit accounting
  • IFRS compliance
  • Budget administration
  • Tax optimization
  • Year-end closing
  • General ledger updates
  • Financial statement preparation
  • Accounts payable management
  • Journal entry review
  • Month-end closing
  • Journal entry preparation
  • Account reconciliation
  • Microsoft office
  • Bookkeeping and reconciliation
  • General accounting
  • Account reconciliation processes
  • Balance sheets
  • Financial statements
  • Bookkeeping
  • General ledger
  • Team collaboration
  • Attention to detail
  • Budget preparation
  • Accounts payable
  • Accounting records analysis
  • Journal entries
  • Report preparation

Timeline

Senior Accountant

Nairobi Securities Exchange Plc
12.2015 - Current

Accountant

Professional Technologies Ltd
12.2008 - 11.2015

No Degree - Accounting

Strathmore University

Bachelor of Arts - Business Administration And Management

Egerton University

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Dorcas Wamalwa