Rachael Wanjiru Maguathi
Accountant
Nairobi
Summary
Knowledgeable Accountant proficient in laws and procedures governing business operations, tax filings and regulatory compliance. Handles detail-oriented work in methodical and organized fashion.
Efficient in office administration and Leverages field expertise, resourcefulness and diligence to make positive impact on business operations.
Adept at managing budgets, invoicing and general accounting functions. Instrumental in keeping business operations fully compliant and working within budgetary guidelines.
Competent Credit Analyst bringing a wealth of experience in analyzing documentation to determine the level of risk involved. Offering excellent time management and interpersonal skills and a desire to work for a leasing and financial company.
Overview
16
16
years of professional experience
1
1
Certification
2
2
Languages
Work History
Credit Analyst
Kenya Women Finance Bank
02.2022 - Current
- Assessed credit risk and analyzed financial statements.
- Analyzed customer data such as financial statements to determine level of risk involved for extending credit.
- Analyzed credit scores to determine borrowers' creditworthiness.
- Attended credit-related training and conferences to stay informed about industry trends and developments.
- Ensuring compliance of all credit applications with the KWFT Credit Policy and Procedures
- Enhancing risk management strategies by actively monitoring portfolio performance and identifying trends
- Cultivating strong relationships with clients, fostering trust and cooperation in managing their corporate financing needs
- Streamlined the credit review process for increased efficiency in evaluating potential borrowers' profiles
- Identifying potential problem loans early on through ongoing monitoring activities, enabling prompt remedial actions when needed
- Analyzing credit scores to determine borrowers' creditworthiness
- Ensuring loan collateral provided are adequate and perfected in line with the credit policy
- Recommending discharge of securities after the client has met all their loan obligations to KWFT
- Negotiating payment plans and loan terms with delinquent customers
- Ensure timely savings refund processing and approval
- Facilitation of relevant reports
Assistant Accountant
Kenya Women Finance Bank
02.2010 - 02.2022
- Maintained detailed financial records of accounts receivable and payable status and bank reconciliations.
- Reviewed general ledger entries and assessed accuracy.
- Assisted with timely month-end closing procedures, resulting in accurate financial reporting.
- Developed strong relationships with vendors by fostering environment of trust.
- Reduced invoice processing time with efficient data entry and verification of accounts payable transactions.
- Facilitated month-end and year-end closing processed to support accuracy and completeness of financial reports.
- Improved financial accuracy by conducting thorough account reconciliations and adjusting journal entries.
- Strengthened internal controls through regular review of policies and procedures, identifying areas for improvement or clarification.
- Supported audit preparation efforts by compiling relevant documents and addressing auditor inquiries promptly.
- Reduced month-end closing time by optimizing accounting procedures and improving team coordination.
- Contributed to cost reduction initiatives by analyzing expense reports and identifying overspend areas.
- Assisted in budget preparation, enabling better financial planning and resource allocation.
- Facilitated smoother audit processes by organizing and presenting financial documents efficiently.
- Played key role in negotiating terms with vendors, leading to cost savings in procurement.
- Assisted in preparation of variance analysis reports, providing valuable insights into financial performance.
- Maintained accurate financial records, ensuring compliance with regulatory standards.
- Enhanced financial data integrity by conducting regular reconciliations of bank and ledger accounts.
- Contributed to positive audit outcome by meticulously preparing and reviewing financial statements.
- Improved cash flow management by implementing more rigorous accounts receivable follow-up procedures.
- Provided journal entries and performed accounting on accrual basis.
- Tracked funds, prepared deposits and reconciled accounts.
- Maintained integrity of general ledger and chart of accounts.
- Trained new employees on accounting principles and company procedures.
- Diminished outstanding debts by analyzing accounts for issues.
Accounting Tutor
National Youth Service Headquarters
08.2009 - 11.2009
- Developed comprehensive lesson plans, ensuring clear understanding of accounting concepts and principles
- Continuously updated tutoring materials to reflect changes in curriculum, ensuring accurate information was provided to students
- Maintained detailed records of each student's progress throughout the semester, allowing for targeted support when needed
- Promoted critical thinking and problem-solving skills through hands-on activities and group projects
- Organized, planned and delivered workshops to help students prosper in accounting classes
- Evaluated student performance regularly, providing constructive feedback to help them improve their skills and knowledge
- Enhanced student retention of financial concepts through the use of interactive learning tools and engaging activities
Education
Bachelor of Arts - Economics and Business Studies
Kenyatta University
Nairobi, Nairobi Province, Kenya 05.2005 - 09.2009
High School Diploma -
Chana Girls Secondary School
Thika, Nairobi Province, Kenya 05.2000 - 09.2003
No Degree - Accounting
Kasneb
Nairobi, Nairobi Province, Kenya 04.2001 -
Skills
Financial reporting
Certification
Certified Public Accountant (CPA), 12/01/09
Affiliations
uaminifu Regulated Non WDT Savings & Credit Co-operative Society Limited, Board Member-Credit Risk Committee
Personal Information
Date of Birth: 12/02/84
Intro
Knowledgeable Accountant proficient in laws and procedures governing business operations, tax filings and regulatory compliance. Handles detail-oriented work in methodical and organized fashion. Efficient in office administration and leverages field expertise, resourcefulness and diligence to make positive impact on business operations. Adept at managing budgets, invoicing and general accounting functions. Instrumental in keeping business operations fully compliant and working within budgetary guidelines. Dependable accounting professional acknowledged for reliability, integrity and quick-learning ability. Highly skilled with eye for identifying and correcting errors. Dedicated with strong work ethic and resourceful nature. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Seeking to maintain a full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Accomplishments
- Board Committee Member Uaminifu Housing and Co-operative Society-April 2022 - Present
Timeline
Credit Analyst
Kenya Women Finance Bank
02.2022 - Current
Assistant Accountant
Kenya Women Finance Bank
02.2010 - 02.2022
Accounting Tutor
National Youth Service Headquarters
08.2009 - 11.2009
Bachelor of Arts - Economics and Business Studies
Kenyatta University
05.2005 - 09.2009
No Degree - Accounting
Kasneb
04.2001 -
High School Diploma -
Chana Girls Secondary School
05.2000 - 09.2003
Certified Public Accountant (CPA), 12/01/09
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