Okeyo Timon
Summary
A highly skilled and results-driven Management Accountant with a strong background in financial planning, budgeting, cost control, Internal Audit and strategic decision-making. With over five years of experience spanning Media to Microfinance which include various department operations such as inventory management, sales, administration, credit, finance, and audit, I possess a well-rounded understanding of financial operations across diverse industries. Currently serving as a Management Accountant at The Standard Group PLC, I play a pivotal role in financial reporting, variance analysis, Budgeting and cost management, ensuring optimal resource allocation and business efficiency. I am proficient in financial modeling, forecasting, and risk assessment, enabling data-driven decision-making to drive profitability. Holding a Bachelor's degree in Finance from KCA University and CPA qualifications from Strathmore University, I have a solid academic foundation in financial principles and regulatory compliance. Additionally, I am pursuing a Master of Science in Commerce (Finance and Economics) at KCA University, further strengthening my expertise in financial strategy and economic analysis. I am passionate about enhancing financial efficiency, streamlining operations, and providing actionable insights that support business growth. Adept at using advanced financial tools and ERP systems (QuickBooks, SAP and Advanced Excel), I thrive in dynamic environments that require analytical problem-solving and strategic financial leadership.
Overview
7
7
years of professional experience
Work History
Management Accountant - Reporting Finance
Standard Group PLC
11.2023 - Current
- Participate in finance meetings, collaborating with internal teams and key stakeholders to ensure smooth financial operations.
- Provide financial guidance and training on internal processes, improving compliance and efficiency.
- Support financial knowledge sharing through reports, documentation, and best practice dissemination.
- Review and validate accounts payable transactions to ensure accuracy, correct chart of accounts usage, and compliance with financial policies.
- Process vendor invoices, staff claims, cost recoveries, and journal adjustments in the ERP system, ensuring timely approvals and payments.
- Conduct first-level financial reviews of partner transactions, supporting fund allocation and liquidation processes.
- Monitor fund utilization and provide support in resolving financial queries through collaboration with various departments.
- Review requests for General Ledger Journal entries and prepare adjustment entries for approval.
- Analyze and correct general ledger accounts related to payables, ensuring accuracy in financial data and preparing period-end adjustments.
- Assist in period-end and year-end closure activities, ensuring compliance with reporting requirements.
Asset Finance Officer
Watu Credit Limited
Nairobi
05.2018 - 05.2020
- Achieved substantial growth in the asset portfolio by effectively identifying and capitalizing on new business opportunities, resulting in increased revenue and market share for the company.
- Reconcile financial records to enhance data integrity, identifying and addressing discrepancies in transactions.
- Support internal and external audits by preparing financial reports and documentation from the ERP system (SAP).
- Prepare and submit monthly management accounts.
- Monitor financial data accuracy through dashboards, ensuring proper tracking and follow-ups on financial transactions.
- Assist in donor and statutory reporting by compiling relevant financial information and maintaining audit-ready records.
- Analyze system-generated financial reports to identify and rectify delayed or duplicate transactions.
- Recommend process improvements to enhance efficiency, cost-effectiveness, and policy compliance in financial operations.
- Manage petty cash operations and ensure compliance with financial policies.
- Provide support in financial system updates, vendor management, and fund code monitoring.
- Support cross-functional teams in achieving financial and operational objectives.
Accounts Assistant/Credit Admin
Progressive Credit Limited
06.2020 - 08.2023
- Successfully implemented strategies that lead to a reduction in the organization's non-performing assets by improving loan recovery processes and minimizing loan defaults.
- Developed and implemented efficient and ethical loan recovery strategies that led to a significant decrease in the percentage of overdue loans and an increase in the overall recovery rate.
- Implemented customer-centric approaches that led to improved customer satisfaction and retention rates, thus establishing a positive image for the institution and fostering long-term customer relationships.
- Demonstrated a strong understanding of regulatory requirements and implemented effective risk management strategies to ensure compliance with industry standards, leading to improved regulatory compliance and reduced legal risks.
- Developed and maintained strong relationships with clients, stakeholders, and regulatory authorities through clear and concise communication, leading to increased trust, cooperation, and improved business outcomes.
- Developed and implemented innovative financing structures that meet the specific needs of clients, resulting in improved financial solutions, increased client satisfaction, and a competitive edge in the market.
- Implemented robust risk management strategies that resulted in a significant reduction in credit risks associated with asset financing, thereby safeguarding the company's financial stability and enhancing its credit profile.
- Established and nurtured strong relationships with vendors, dealers and clients, leading to an expanded network and increased referral business, which contributed to the overall growth and success of the asset financing business.
- Ensured strict adherence to regulatory compliance and industry standards in all asset financing operations, resulting in improved credibility, reduced legal risks, and enhanced trust among stakeholders and clients.
- Provided strong leadership to the asset finance team, fostering a culture of collaboration, and facilitating professional development, resulting in a motivated workforce, improved productivity, and higher employee retention rates.
Education
Master of Science - Commerce (Finance and Economics)
KCA University
01.2026
Bachelor of Commerce - Finance (2nd Class Honors Upper Division)
KCA University
01.2023
Kenya Certificate of Secondary School - undefined
Otok Mixed Secondary School
01.2012
Skills
- Financial Analysis and Reporting
- Credit Management and Credit Analysis
- Budgeting and Forecasting
- Cost Accounting
- Auditing Competency
- Knowledge of Financial Regulations and Compliance
- Variance Analysis
- Strategic Thinking and Business Acumen
- Communication and Presentation
- Technical Proficiency in Accounting Software
Trainings And Workshops
2023, Financial Analysis and Modelling with Microsoft Excel, AQskills
Positions Of Responsibility
Member of Strathmore University Community Outreach Programme
Hobbies And Interests
- Community Service
- Socializing
- Watching Documentaries
- Indoor Games
Awards
- Best Recovery Officer of the month award at Progressive credit Limited
- Best Asset Finance Champion of the Year award at Watu Credit Limited
Timeline
Management Accountant - Reporting Finance
Standard Group PLC
11.2023 - Current
Accounts Assistant/Credit Admin
Progressive Credit Limited
06.2020 - 08.2023
Asset Finance Officer
Watu Credit Limited
05.2018 - 05.2020
Master of Science - Commerce (Finance and Economics)
KCA University
Bachelor of Commerce - Finance (2nd Class Honors Upper Division)
KCA University
Kenya Certificate of Secondary School - undefined
Otok Mixed Secondary School
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