Maureen Ayako
Finance Manager
Nairobi,Nairobi
Summary
Dynamic Finance Manager with a proven track record at Landmark Holdings Limited, adept in cash flow management and financial reporting. Excelled in applying analytical techniques for revenue and cost optimization, enhancing profitability. Skilled in tax preparation, demonstrated through robust financial strategies and reporting systems, showcasing both analytical prowess and strategic thinking.
Overview
12
12
years of professional experience
9
9
years of post-secondary education
Work History
Finance Manager
Landmark Holdings Limited
Nairobi, Nairobi Province
09.2021 - Current
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Developed comprehensive financial reports for executive decision-making support.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Collaborated with cross-functional teams for strategic business planning and growth initiatives.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Managed multimillion-dollar budgets, ensuring accurate allocation across departments.
- Implemented risk management strategies to protect company assets and minimize losses.
- Enhanced financial reporting accuracy by implementing advanced software solutions, leading to more informed decision-making processes.
- Optimized cash flow management, allowing for timely investment and debt reduction.
- Established robust financial controls and policies, significantly reducing risk of fraud and ensuring compliance with financial regulations.
- Oversaw successful integration of financial systems post-merger, ensuring seamless transition for all stakeholders.
- Played key role in strategic planning sessions, offering insights that shaped company direction and growth.
- Streamlined internal audit process, enhancing efficiency and reducing discrepancies.
- Coordinated with external auditors to ensure smooth and compliant audit process each fiscal year.
- Implemented cost-control measures that substantially decreased unnecessary expenditures.
- Negotiated with suppliers to improve payment terms, enhancing cash flow management.
- Collaborated with IT to develop secure, efficient electronic invoicing system, reducing processing times and errors.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
Assistant Finance Manager
Landmark Holdings Limited
Nairobi, 30
12.2018 - 08.2021
- Increased efficiency in accounts payable and receivable, implementing robust tracking systems.
- Delivered regular financial presentations to senior management, facilitating informed decision-making processes.
- Ensured timely completion of month-end closing procedures for accurate financial statements.
- Mentored junior finance staff members, fostering an environment of continuous learning and professional development.
- Supported annual budget preparation process by providing detailed analysis of historical data and future projections.
- Maintained strong relationships with banking partners, securing favorable credit terms for the organization.
- Collaborated with cross-functional teams to optimize resource allocation, resulting in increased profitability.
- Led successful audits by maintaining organized records and providing clear communication with external auditors.
- Managed cash flow effectively through vigilant monitoring of incoming revenue streams and outgoing payments schedules.
- Conducted ad-hoc analyses as requested by senior leadership to support strategic initiatives.
- Enhanced budget management by closely monitoring expenses and identifying cost-saving opportunities.
- Assisted in the development of long-term financial strategies, supporting overall company objectives.
- Established best practices for procurement activities by conducting vendor evaluations and negotiating advantageous contracts.
- Provided expert guidance on tax compliance, reducing the company''s exposure to penalties and fines.
- Improved financial reporting accuracy by streamlining processes and implementing automated systems.
- Reviewed and improved internal controls, enhancing overall financial integrity within the company.
- Reviewed documentation and identified financial discrepancies where applicable.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Created organizational structures to improve accounting and finance functions.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Developed strategic plans for day-to-day financial operations.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
Accountant Manager
Landmark Holdings Limited
Nairobi, Nairobi Province
06.2013 - 11.2018
- Managed accounts payable and receivable, improving cash flow and reducing outstanding debts.
- Applied advanced analytical techniques to identify trends in revenue generation, cost control, and profitability optimization.
- Monitored and analyzed accounting data and produced financial reports or statements with Quick Books Accounting Software.
- Established financial status by developing and implementing systems for collecting, analyzing, verifying and reporting financial information.
- Guided 15 employees by researching and interpreting accounting policies and applying observations and recommendations to operational issues.
Education
Bachelor of Arts - Business Management, Finance & Banking Option
09.2014 - 12.2016
CPA Section I-VI Final Pass - Accounting
01.2011 - 11.2013
Kenya Certificate of Secondary Education -
02.2003 - 12.2006
Skills
Cash flow management
Timeline
Finance Manager - Landmark Holdings Limited
09.2021 - Current
Assistant Finance Manager - Landmark Holdings Limited
12.2018 - 08.2021
Moi University - Bachelor of Arts, Business Management, Finance & Banking Option
09.2014 - 12.2016
Accountant Manager - Landmark Holdings Limited
06.2013 - 11.2018
Strathmore University - CPA Section I-VI Final Pass, Accounting
01.2011 - 11.2013
Menengai High School - Kenya Certificate of Secondary Education,
02.2003 - 12.2006
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