REENIE ITA
Senior Accountant
Nairobi
Summary
Finance professional with more than 5 years of experience in accounting, financial management, financial reporting, and internal control. Proven track record in optimizing cash flow, reducing costs, driving efficiency, and integrity in finances by analyzing and resolving complex accounting, reporting, and regulatory issues.
Overview
6
6
years of professional experience
Work History
Intercompany and Cash Management Accountant
SGS Kenya Limited
12.2023 - Current
- Improved financial reporting accuracy thorough account analysis and reconciliations.
- Managed monthly foreign currency revaluation process to ensure accurate financial reporting for multinational operations.
- Collaborated with cross-functional teams to resolve intercompany discrepancies, strengthening business relationships.
- Facilitated timely month-end closings by ensuring accurate intercompany balance confirmations.
- Ensured compliance with GAAP, tax regulations, and industry best practices through continuous monitoring and updating of accounting policies.
- Maintained accurate records of all banking transactions, ensuring compliance with internal controls and regulatory requirements.
Accounts Receivable and Billing Accountant
Agility Logistics Limited
07.2022 - 12.2023
- Perform regular credit checks on new and existing customers to minimize financial risk
- Improved invoice accuracy by diligently reviewing billing documents and identifying discrepancies.
- Managed a portfolio of client accounts, consistently meeting or surpassing revenue targets while maintaining strong relationships.
- Assisted in the preparation of monthly financial reports, providing valuable data for decision-making processes.
- Collaborated with other departments and accurately prepared, adjusted and verified pre-bill documents before invoicing.
- Analyzed aging reports regularly to identify trends in overdue payments and recommend appropriate action steps to improve collection rates.
- Facilitated smooth month-end closing procedures, accurately recording all transactions within established deadlines.
- Assist with month-end close activities, including preparing journal entries and reconciling accounts
Finance Assistant
Kocela Limited
01.2022 - 06.2022
- Supported the finance department in its daily operations, including accounts payable and receivable, bank reconciliations, and financial statement preparation
- Managed invoicing and collections, reconciled accounts, and processed financial transactions
- Assisted with budget preparation and forecasting and performed financial analysis to support business decision making
- Generated accurate financial reports, including balance sheets, income statements, and cash flow statements
- Maintained accurate and up-to-date financial records, ensuring compliance with accounting standards and regulations
- Prepared and reconciled bank statements and performed bookkeeping tasks
- Assisted with month-end close activities, including preparing journal entries and reconciling accounts
- Provided support for internal and external audits as needed
- Continuously improved processes and procedures related to finance and accounting
- Performed ad-hoc projects and other duties as assigned by the finance team.
Business Analyst
Valsen Fiduciaries Group
09.2020 - 08.2021
- Enhanced customer satisfaction by providing proactive, innovative, and appropriate business solutions
- Provided test cases and scenarios for implemented systems, test projects and system changes in various environments and assessed the existing business rules, processes, and procedures
- Formulated and implemented solutions by evaluating business processes, anticipating requirements, and identifying areas that needed improvement
- Closed several sales that earned the company upwards of KES 8 million and in the process bringing in new leads.
Accounts Payables Accountant
GlaxoSmithKline Pharmaceutical Kenya Ltd(GSK)
06.2019 - 06.2020
- Assisted in preparation of budget proposals, finalization of budget performance reports, analyzed variances between approved budgets and actual expenditures and creating the cash flow reports
- Received, verified and processed incoming invoices and included relevant POs using the three-way match process before making payments
- Filing Statutory Deductions for payroll (like PAYE, NHIF, NSSF, HELB) as well as ensuring Withholding tax and Withholding VAT are correctly captured, processed, and submitted on vendor invoices
- Initialized payment processes from the cheque(pay)-run report thereby ensuring timely payment of all vendors and resolution of any matters arising from there
- Ensured debtors’ balances are correctly stated and the statements are promptly sent out
- Tracked transactions on accounts payable ageing, tracked open Purchase Orders, invoices on hold and outstanding invoice to ensure all payments were made within the credit period
- Ensured timely reconciliation of vendor accounts and prepared monthly vendor accounts reconciliation using ABC Model and ensured all variance that arose are investigated and resolved.
Intercompany and T&E Intern
GlaxoSmithKline Pharmaceutical Kenya Ltd
01.2019 - 06.2019
- Ensured all Intercompany invoices were paid within the credit period limit
- Ensured timely expense recognition for year-end Intercompany related accruals
- Posted intercompany journal entries for both internal and external vendors
- Processed travel and expense reports
- Monitor and track spending to ensure accuracy and compliance with company policies
- Support the Intercompany and T&E team with ad-hoc projects as needed
- Provide support for audits and investigations
Education
Master of Science - Finance
Strathmore Business School
Nairobi, Nairobi Province, Kenya 04.2001 -
Bachelor of Commerce - Finance
University of Nairobi
Certified Public Accountant of Kenya (CPA-K) -
KASNEB
Nairobi 04.2001 -
Skills
- Tax compliance
- Management reporting
- Billing management
- Cash flow management
- GAAP
- Budgeting support
- Bank reconciliation
- Journal entries
- General accounting
- Accounting processes
- Accounting software systems
- Cost accounting
Timeline
Intercompany and Cash Management Accountant
SGS Kenya Limited
12.2023 - Current
Accounts Receivable and Billing Accountant
Agility Logistics Limited
07.2022 - 12.2023
Finance Assistant
Kocela Limited
01.2022 - 06.2022
Business Analyst
Valsen Fiduciaries Group
09.2020 - 08.2021
Accounts Payables Accountant
GlaxoSmithKline Pharmaceutical Kenya Ltd(GSK)
06.2019 - 06.2020
Intercompany and T&E Intern
GlaxoSmithKline Pharmaceutical Kenya Ltd
01.2019 - 06.2019
Master of Science - Finance
Strathmore Business School
04.2001 -
Certified Public Accountant of Kenya (CPA-K) -
KASNEB
04.2001 -
Bachelor of Commerce - Finance
University of Nairobi
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