NYABUTO SUSAN
EMBAKASI
Summary
Proven leader in financial management and strategic planning, significantly enhanced cash flow and operational efficiency at Kareco Holdings Ltd T/A Odibets. Expert in financial reporting and risk management, my leadership fosters continuous improvement and staff development, driving results beyond expectations with a keen eye on regulatory compliance and audit coordination.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Chief Financial Officer
Kareco Holdings Ltd T/A Odibets
Kenya, Tanzania, Ghana & Dubai
09.2017 - 06.2024
- Developed strategic financial plans to support company growth and achieve long-term objectives.
- Analyzed operational issues and implemented corrective action to maximize profits.
- Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Managed risk effectively through comprehensive insurance coverage review and implementation of robust internal controls.
- Fostered a culture of continuous improvement within the finance team, encouraging professional development opportunities for staff members.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Increased cash flow by optimizing working capital management and reducing outstanding receivables.
- Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
- Spearheaded contract negotiation and financing to complete high-priority projects and realize target outcomes.
- Streamlined financial processes by implementing new accounting software and automation techniques.
Senior Accountant
Southwell Solutions Africa Limited
Kenya, Uganda, Tanzania
09.2017 - 06.2024
- 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.
- Completed year-end closing processes with controllers and external auditors.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- 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.
- Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
- Expedited payroll and invoicing by streamlining billing systems.
- Tracked funds, prepared deposits and reconciled accounts.
Accountant
Installations Support Limited
Nairobi, Kenya
08.2013 - 08.2015
- 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.
- Gathered financial information, prepared documents, and closed books.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
- Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Prepared and filed tax forms to meet needs of customers.
Education
Master of Science - Finance
Jomo Kenyatta University of Agriculture & Tech
Juja, Kiambu District, Kenya06.2023
Bachelor of Science - Economics And Finance
Kenyatta University
Nairobi, Kenya12.2013
Kenya Certificate of Secondary Education - Kenya Certificate of Secondary Education
Asumbi Girls' High School
Homa Bay, Homa Bay District, Kenya11.2009
Skills
- Strategic financial planning & Reporting
- Audit Coordination
- Budget Development
- Risk Management
- Operational decision making
- Debt Management Expertise
- Documentation requirements
- Tax Planning and Strategy
- Staff Management
Accomplishments
- Supervised team of 150 staff members.
Certification
Certified Public Accountant (KASNEB) - Advanced Level
Timeline
Chief Financial Officer
Kareco Holdings Ltd T/A Odibets
09.2017 - 06.2024
Senior Accountant
Southwell Solutions Africa Limited
09.2017 - 06.2024
Accountant
Installations Support Limited
08.2013 - 08.2015
Master of Science - Finance
Jomo Kenyatta University of Agriculture & Tech
Bachelor of Science - Economics And Finance
Kenyatta University
Kenya Certificate of Secondary Education - Kenya Certificate of Secondary Education
Asumbi Girls' High School