Summary
Overview
Work History
Education
Skills
References
Timeline
Generic

NYAPARA ISAAC NYAIYO

ACCOUNTANT

Summary

Experienced Senior Accountant successful at cultivating effective working relationships at all levels while driving improvements to budget administration, expense tracking and forecasting of future financial needs. Proven track record of performing work ethically while maintaining integrity of all financial data. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.

Overview

6
6
years of professional experience
10
10
years of post-secondary education

Work History

SENIOR ACCOUNTANT

KSHITIZ PROFESSIONAL CONSULTANCY
3 2023 - Current
  • Managed bank reconciliations by checking ledger posting and making appropriate adjustments
  • Statutory reconciliation and processing of payments
  • Managed all payroll and related matters
  • Reconciliation of revenue on weekly and monthly basis ensuring figures used for returns are accurate
  • Assisted in product costing considering changing dynamics.
  • Prepared monthly journal entries and reconciliations.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Updated general ledger with latest entries.
  • Completed year-end closing processes with controllers and external auditors.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Prepared monthly journal entries and reconciliations
  • Reconciled accounts and created documents for monthly closure procedures
  • Updated general ledger with latest entries
  • Completed year-end closing processes with controllers and external auditors
  • Reviewed documents and accounts for discrepancies and resolved variances
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data
  • 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
  • Reconciled balance sheets and streamlined best practices for balance sheet processes
  • Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences
  • Partnered with auditors to track errors and add contributions to maintain accuracy
  • Expedited payroll and invoicing by streamlining billing systems
  • Improved cash flow management by closely monitoring receivables and implementing stricter credit policies
  • Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations
  • Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts
  • Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved
  • Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance
  • Directed accounting team in timely reporting of finances for diverse client businesses
  • Contributed to hiring, training and development of accounting teams
  • Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals
  • Assisted in upgrade and conversion of in-house financial systems
  • 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
  • Reviewed budgets and communicated discrepancies to senior management
  • Contributed significantly towards cost-saving initiatives through meticulous analysis of expenses patterns and identification of areas ripe for optimization
  • Oversaw accounting team in servicing diverse clients
  • Streamlined the financial reporting process by implementing new accounting software and automating tasks
  • Evaluated and improved financial records to make important business decisions
  • Reviewed business operations and obligations to help organization function at acceptable level
  • Leveraged finance knowledge to strengthen controls and improve transparency
  • Spearheaded a team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work
  • Enhanced financial transparency by creating user-friendly dashboards that displayed key performance indicators for easy tracking and decision-making support
  • Liaised with clients regarding financial plans and objectives
  • Served as a key liaison between Finance and Operations teams, ensuring effective communication on budgetary matters and fostering cross-functional collaboration
  • Assisted team members in transitioning to new system through extensive training and one-on-one support
  • Developed comprehensive budget plans for each department, collaborating closely with managers to align expenses with strategic goals
  • Recommended strategies to expedite filing projects and annual reporting
  • Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds
  • Ensured regulatory compliance with GAAP standards by staying current on updates and integrating changes into accounting practices as needed
  • Evaluated potential investment opportunities by conducting thorough risk assessments and return on investment analyses
  • Provided journal entries and performed accounting on accrual basis
  • Prepared working papers, reports and supporting documentation for audit findings
  • Maintained integrity of general ledger and chart of accounts
  • Tracked funds, prepared deposits and reconciled accounts
  • Collected and reported monthly expense variances and explanations
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry
  • Compiled general ledger entries on short schedule with 100% accuracy
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations
  • Used accounting software to issue tax returns and prepare consolidated reports
  • Trained new employees on accounting principles and company procedures
  • Researched technical tax issues to define tax effect or impact of certain tax positions
  • Diminished outstanding debts by analysing accounts for issues
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions
  • Cooperated with senior leaders to create operating budgets and initiate financial planning
  • 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
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks
  • Identified legal tax savings and recommended ways to improve profits
  • Developed financial models to assess and analyse financial performance of clients
  • Developed financial models to assess and analyze financial performance of clients

TREASURY ACCOUNTANT

SIMBISA AFRICA LIMITED
05.2018 - 10.2022
  • Managed accounts receivable, updated records of all Debtors, issued statements and supporting documents like invoices
  • Followed up with payment as per agreed terms
  • Reconciled supplier's invoices and corrected variances
  • Filed and remitted statutory deductions and taxes within set time
  • Processed payroll
  • Managed and processed petty cash
  • Created and conducive and healthy work environment for HQ and branch finance team for improved performance
  • Managed cash, Negotiated leases and reviewed contract with suppliers
  • Reviewed and simulated new investment packs for new franchising businesses
  • Managed strategy, performance review and financial reporting and coordination key contract of both internal and external audits
  • Prepared annual budget, reviewed, implemented and monitored against actuals
  • Prepared and presented quarterly and annual board papers
  • Maintained favourable liquidity levels through accurate cash flow forecasting and usage
  • Handled risk management, set up internal controls and ensured compliance with relevant statutory regulations
  • Safeguarded company assets and involvement in existing and new products pricing strategies
  • Managed relevant controls for optimal delivery of financial reporting for all entries
  • Handled daily sales reporting, reconciling against deposits done and TB analysis
  • Carried out business modelling and risk assessments
  • Developed and managed financial systems models
  • Ensured timely forecasting and budgeting requirements are delivered
  • Updated knowledge of various global reporting policies, and local government requirements related to financial reporting and ensured compliance with tax regulations and other legal requirements
  • Designed, implemented, and monitored systems and procedures necessary to maintain accurate forecasts of future spending.
  • Ensured accurate financial records, diligently maintaining general ledger accounts for treasury transactions.
  • Developed informative treasury reports to provide senior management with insights into company's liquidity position and risk exposure levels.
  • Managed relationships with banking partners, negotiating favourable terms on credit facilities and investments.
  • Assisted in formulating treasury policies that aligned with organizational objectives while adhering to regulatory guidelines effectively mitigating financial risks faced by company at all times.
  • Ensured accurate financial records, diligently maintaining general ledger accounts for treasury transactions
  • Developed informative treasury reports to provide senior management with insights into the company's liquidity position and risk exposure levels
  • Managed relationships with banking partners, negotiating favourable terms on credit facilities and investments
  • Assisted in formulating treasury policies that aligned with organizational objectives while adhering to regulatory guidelines effectively mitigating financial risks faced by the company at all times
  • Implemented process improvements in relation to cash handling procedures, reducing instances of discrepancies or errors significantly
  • Supported corporate finance initiatives, assisting in due diligence processes for mergers and acquisitions
  • Evaluated financing options, recommending optimal debt structures to minimize borrowing costs while maintaining liquidity requirements
  • Enhanced financial modelling capabilities by introducing advanced analytical tools and techniques for scenario analysis purposes
  • Prepared working papers, reports and supporting documentation for audit findings
  • Enhanced financial modeling capabilities by introducing advanced analytical tools and techniques for scenario analysis purposes
  • Provided journal entries and performed accounting on accrual basis
  • Tracked funds, prepared deposits and reconciled accounts
  • Collected and reported monthly expense variances and explanations
  • Cooperated with senior leaders to create operating budgets and initiate financial planning
  • Compiled general ledger entries on short schedule with 100% accuracy
  • Maintained integrity of general ledger and chart of accounts
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry
  • Trained new employees on accounting principles and company procedures
  • Used accounting software to issue tax returns and prepare consolidated reports
  • Diminished outstanding debts by analyzing accounts for issues
  • Collaborated with accounting manager to comply with governing bodies and limit regulatory risks
  • Identified legal tax savings and recommended ways to improve profits
  • Developed financial models to assess and analyze financial performance of clients
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations
  • Partnered with auditors to track errors and add contributions to maintain accuracy
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings
  • Researched technical tax issues to define tax effect or impact of certain tax positions
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks
  • Assisted in the implementation of treasury management software solutions to further automate processes, enhance data integrity and improve overall efficiency within the function
  • Collaborated with cross-functional teams to develop comprehensive budget plans and forecasts
  • Strengthened internal controls, conducting regular audits to ensure compliance with policies and procedures
  • Contributed to working capital optimization efforts by actively participating in inventory management discussions as well as receivables/payables negotiations
  • Provided training sessions aimed at improving the financial acumen of non-finance colleagues, fostering a more cohesive and collaborative working environment across departments
  • Improved cash flow forecasting by analyzing historical data and monitoring economic trends
  • Enhanced financial reporting accuracy by conducting thorough daily bank reconciliations for company accounts
  • Optimized investment portfolios by closely monitoring market conditions and performing regular risk assessments
  • Streamlined cash management processes, implementing efficient payment and receipt tracking systems
  • Contacted customers to immediately find resolutions for escalated issues
  • Diligently monitored interest rate fluctuations, adjusting investment strategies accordingly to preserve capital and maximize returns consistently
  • Reduced foreign exchange risks through the implementation of effective hedging strategies
  • Supported business continuity planning through diligent maintenance of up-to-date contingency funding arrangements ensuring minimal disruptions during unforeseen events
  • Developed informative treasury reports to provide senior management with insights into the company''s liquidity position and risk exposure levels
  • Managed relationships with banking partners, negotiating favourable terms on credit facilities and investments
  • Managed relationships with banking partners, negotiating favourable terms on credit facilities and investments
  • Managed relationships with banking partners, negotiating favourable terms on credit facilities and investments
  • Managed relationships with banking partners, negotiating favorable terms on credit facilities and investments
  • Managed relationships with banking partners, negotiating favorable terms on credit facilities and investments.
  • Developed informative treasury reports to provide senior management with insights into the company's liquidity position and risk exposure levels.
  • Assisted in formulating treasury policies that aligned with organizational objectives while adhering to regulatory guidelines effectively mitigating financial risks faced by the company at all times.
  • Developed informative treasury reports to provide senior management with insights into the company's liquidity position and risk exposure levels.
  • Developed informative treasury reports to provide senior management with insights into the company''s liquidity position and risk exposure levels.

Education

Bachelor of Commerce - Finance

KCA University
09.2019 - 11.2021

CERTIFIED PUBLIC ACCOUNIANT - CPA (K) -

KCA University
06.2006 - 06.2010

KENYA CERIFICATE OF SECONDARY EDUCATION -

Suneka Secondary School
01.2000 - 04.2004

Skills

References

  • Thomas Mwandi, Senior Accountant, Kiosk app, +254 720 985 646
  • John Mwangi, Simbisa Brands Kenya Ltd, +254 721 455 747
  • Benson Otieno, CEO Brison Premier Hospital, +254 713 289 358

Timeline

Bachelor of Commerce - Finance

KCA University
09.2019 - 11.2021

TREASURY ACCOUNTANT

SIMBISA AFRICA LIMITED
05.2018 - 10.2022

CERTIFIED PUBLIC ACCOUNIANT - CPA (K) -

KCA University
06.2006 - 06.2010

KENYA CERIFICATE OF SECONDARY EDUCATION -

Suneka Secondary School
01.2000 - 04.2004

SENIOR ACCOUNTANT

KSHITIZ PROFESSIONAL CONSULTANCY
3 2023 - Current

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