ERNEST KHAEMBA
ACCOUNTANT
Summary
Proven financial expert with a robust background in auditing and accounting, notably at AIRPORTS SACCO LIMITED, JKIA NAIROBI. Leveraged analytical skills and effective team leadership to enhance financial accuracy, streamline audit processes, and drive cost savings. Excelled in financial reporting and analysis, achieving significant improvements in internal controls and compliance.
Overview
10
10
years of professional experience
7
7
years of post-secondary education
1
1
Certification
Work History
Accountant
AIRPORTS SACCO LIMITED, JKIA NAIROBI
NAIROBI
03.2022 - Current
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash and banking reconciliations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial record keeping.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner, and surplus funds were invested wise
- Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
- Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
- Play a key role in financial planning and analysis, contributing to the company's long-term financial strategy.
- Ensured accurate and timely payroll processing of employees, maintaining employee satisfaction and compliance with labor laws.
- Reduced financial risks by implementing robust internal controls and monitoring mechanisms.
- Improved budget forecasting accuracy with detailed variance analysis between actual and budgeted figures.
- Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
- Supported strategic decision-making by providing accurate and timely financial reports to executive management.
- Led successful integration of financial systems following acquisition of Microsoft Dynamics, ensuring continuity and accuracy of financial reporting.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Optimized cash flow management, ensuring adequate liquidity for operational needs without compromising investment opportunities.
- Identified significant tax savings opportunities by conducting in-depth research on applicable deductions and credits.
- Provided journal entries and performed accounting on accrual basis.
- Collected and reported monthly expense variances and explanations.
- Prepared working papers, reports and supporting documentation for audit findings.
- Maintained integrity of general ledger and chart of accounts.
- Trained new employees on accounting principles and company procedures.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
Auditor
UNIVERSITY OF NAIROBI
Nairobi, Nairobi Province
04.2016 - 02.2022
- Analyzed data and findings to prepare reports detailing financial information.
- Maintained confidentiality, handling sensitive information discreetly throughout all stages of the audit process.
- Performed observations and evaluated supporting documents to supplement audit findings.
- Provided detailed documentation on audit findings, facilitating swift corrective action when necessary.
- Conducted risk assessments to determine areas requiring increased focus during subsequent audits.
- Managed multiple concurrent audit engagements, prioritizing tasks to meet deadlines without compromising quality.
- Planned and executed follow-up audits at appropriate intervals.
- Streamlined audit processes, improving efficiency and reducing time spent on each audit engagement.
- Ensured compliance with regulatory requirements by performing regular audits and staying up-to-date on industry standards.
- Followed established auditing processes to meet internal and regulatory requirements.
- Coordinated, managed and implemented auditing projects and prepared for evaluation.
- Communicated with auditee staff to obtain necessary information for audits.
- Ensured the integrity of financial reporting by verifying the accuracy of accounting records and reconciliations.
- Reduced the risk of fraud by implementing effective internal controls and monitoring systems.
- Increased internal control effectiveness through diligent evaluation of processes and providing recommendations for improvement.
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
- Collaborated with cross-functional teams to identify areas of risk and implement preventative measures.
- Collaborated closely with external auditors, providing requested documentation promptly to facilitate smooth year-end audits.
- Enhanced financial accuracy by conducting thorough audits and identifying discrepancies in financial statements.
- Executed audit phases and entered data into accounting software for analysis.
- Adapted plans and schedules to meet changing priorities of work objectives, resources and workload demands.
- Streamlined financial reporting processes, leading to timely and accurate financial statements.
- Identified significant cost-saving opportunities through meticulous expense analysis.
- Reinforced financial integrity by enforcing strict adherence to regulatory standards and internal policies.
- Enhanced financial accuracy and compliance with thorough audits of internal financial processes.
- Provided expert recommendations for financial reporting enhancements, leading to improved stakeholder communication.
- Streamlined audit documentation, ensuring accurate and accessible audit trails.
- Enhanced effectiveness of internal audit function through strategic planning and goal setting.
- Facilitated training sessions for junior auditors, enhancing team proficiency and audit quality.
- Collected and reported monthly expense variances and explanations.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
- Found tax solutions to complicated tax issues or errors from incorrect tax filings.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Maintained integrity of general ledger and chart of accounts.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
Audit Associate
WALUBENGO AND ASSOCIATE
Eldoret
02.2015 - 03.2016
- Prepared working papers, reports and supporting documentation for audit findings.
- Evaluated financial statements, identifying discrepancies and providing recommendations for corrective action.
- Performed auditing work in accordance with rigorous auditing standards and principles.
- Mentored junior staff members, sharing industry knowledge and best practices for successful audits.
- Performed strategic planning, execution and finalization of audits.
- Prepared comprehensive audit reports, detailing findings and presenting recommendations for improvement.
- Assisted in the preparation of financial statement disclosures in accordance with applicable accounting standards.
- Maintained up-to-date knowledge of accounting standards and regulations, ensuring accurate and compliant audits.
- Provided exceptional client service by responding promptly to inquiries and addressing concerns effectively.
- Developed strong relationships with clients through clear communication, transparency, and professionalism throughout the entire audit process.
- Met with clients to identify and assess business controls, risks, and workflow inefficiencies.
- Enhanced audit efficiency by streamlining processes and implementing innovative auditing techniques.
- Assisted clients in improving internal controls to ensure compliance with regulatory requirements.
- Worked audit engagements for industries in engineering, manufacturing, non-profit and human resources.
- Collaborated with cross-functional teams to complete audits within established deadlines.
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
- Conducted risk assessments and developed tailored audit plans to address identified risks.
- Performed thorough reviews of internal controls, assessing effectiveness in mitigating risks.
- Supported litigation through examination of canceled checks, invoices and bank records.
- Supported management in the development of annual audit schedules and resource allocation plans.
- Supervised and developed associates and oversaw auditing activities across operational, personnel utilization and excessive billing areas.
- Consulted decision-makers to gather information and, resolve audit-related problems.
- Contributed to the continuous improvement of auditing methodologies by providing feedback on current practices and suggesting enhancements.
Education
Bachelor of Science - Commerce-Finance
KCA UNIVERSITY
NAIROBI 01.2017 - 11.2018
High School Diploma -
ST' JOHN THE BAPTIST LIKUYANI SECONDARY SCHOOL
KAKAMEGA-LIKUYANI 01.2004 - 10.2008
Skills
Bookkeeping
Effective team leader and team working ability
Financial Analysis
Financial Reporting
Data inputting
Effective team leader and team working ability
Languages
Swahili, English
Native language
Certification
CPA - Certified Public Accountant (K)
REFERENCES
1. Mr. Harrison Kyalo Song'e
Chief executive Officer
Airports Sacco Limited
(+254) 0723-223697
2. Mr. James Resah
Audit Manager
Vetinary Medicine Directorate
(+254) 0792-842551
3. Mr. Franklin Odhiambo
Audit Manager
Matengo and Associates, Nairobi
(+254) 0729-280363
Timeline
Accountant
AIRPORTS SACCO LIMITED, JKIA NAIROBI
03.2022 - Current
Bachelor of Science - Commerce-Finance
KCA UNIVERSITY
01.2017 - 11.2018
Auditor
UNIVERSITY OF NAIROBI
04.2016 - 02.2022
CPA - Certified Public Accountant (K)
06-2015
Audit Associate
WALUBENGO AND ASSOCIATE
02.2015 - 03.2016
High School Diploma -
ST' JOHN THE BAPTIST LIKUYANI SECONDARY SCHOOL
01.2004 - 10.2008
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