Stephen Kennedy Omolo
Nairobi, Nairobi Province
Summary
Results-oriented professional specializing in financial operations and strategic planning. Proven track record in monitoring financial performance and delivering actionable insights to executive teams. Expertise in budget development, financial forecasting, and comprehensive financial reporting, including accounts payable/receivable and payroll management. Strong problem-solving, communication, and leadership capabilities enhance organizational effectiveness.
Overview
17
17
years of professional experience
1
1
Certification
Work History
Finance and Administration Lead
Kijiji Yeetu Community Organization
01.2023 - Current
- Assessed processes to streamline workflows, enhance efficiencies, and lower costs.
- Reviewed invoices for accuracy before processing payments or collections.
- Conducted regular reviews of fixed asset registers to safeguard assets.
- Maintained relationships with external auditors by providing necessary documentation.
- Guided staff on accounting principles, practices, and procedures.
- Prepared monthly management reports on financial performance indicators.
- Analyzed financial data to uncover opportunities for cost savings and efficiency gains.
- Established internal controls over financial operations to ensure compliance.
Regional Finance Manager
AfricaNPUD- Africa Network of People Who Use Drugs
03.2023 - 03.2025
- Oversaw regional financial operations, ensuring compliance with organizational policies and regulations.
- Developed and executed financial strategies to improve efficiency and cost-effectiveness across projects.
- Led finance team, providing mentorship to enhance performance and accountability.
- Prepared detailed financial reports for senior management, emphasizing key metrics and recommendations.
- Managed donor funds, ensuring proper allocation and timely reporting per grant agreements.
- Strengthened internal controls and risk management frameworks to protect organizational assets.
- Collaborated with program teams to integrate financial planning with project objectives.
Audit Assistant
Bell Associates- CPA
01.2018 - 03.2025
- Reconciled bank accounts, ensuring accuracy of cash receipts and disbursements.
- Conducted analytical reviews of client information to identify discrepancies and recommend resolutions.
- Assisted in preparation and accuracy review of financial statements for audit engagements.
- Collaborated with senior staff to develop complex audit plans and strategies.
- Reviewed accounting transactions for compliance with GAAP and regulatory standards.
- Generated audit reports by extracting data from various sources or importing files.
- Communicated effectively with clients through phone calls, emails, and letters.
Accounting and Finance Consultant
Voices of Community Action (Vocal - Kenya)
01.2021 - 01.2023
- Implemented effective internal controls over all areas of the company's finances.
- Provided expert advice on budgeting practices, cost management initiatives, and cash flow optimization techniques.
- Created detailed reports outlining key performance indicators to track progress against established goals.
- Led a team of finance professionals in developing new accounting systems to streamline operations.
- Reviewed existing financial policies and procedures recommending changes where necessary.
- Analysed financial statements, identified discrepancies, and provided solutions to improve efficiency of accounting processes.
- Managed relationships with banks, lenders, investors, regulators, auditors.
- Prepared monthly, quarterly, yearly financial statements for review by executive leadership.
- Oversaw flow of cash and financial instruments.
- Evaluated financial reporting systems, accounting and collection procedures, and investment activities and made recommendations for changes to procedures, operating systems, budgets and other financial control functions.
Finance and Administration Officer
Umande Trust
01.2018 - 01.2021
- Managed accounts receivable and payable functions including the reconciliation of bank accounts.
- Maintained accurate records of all transactions in accordance with company standards.
- Ensured adherence to relevant laws, regulations, policies and procedures relating to financial activities.
- Conducted detailed analysis of financial data to identify trends and variances from budgets.
- Liaised with external auditors during audit processes to ensure compliance with statutory regulations.
- Monitored expenditure against budget forecasts to ensure compliance with budgetary targets.
Accountant Officer
Umande Trust
01.2014 - 01.2017
- Liaised with external auditors during annual audits providing necessary documentation as requested.
- Monitored cash flow levels closely to ensure sufficient funds were available for business operations.
- Developed and maintained financial records, including accounts payable and receivable, general ledger entries, payroll, bank reconciliations, and financial statements.
Project Implementing team Treasurer
Action Inter-Ethnic Youth Dialogue and Peaceful Reconciliation project- Umande Trust
01.2011 - 01.2013
- Developed and managed detailed project plans to ensure timely completion of tasks, milestones, and deliverables.
- Documented lessons learned from completed projects; identified areas for improvement going forward.
- Lead cross-functional project teams in the successful implementation of complex projects with tight deadlines.
- Developed comprehensive reports summarizing the status of all ongoing projects at weekly intervals.
- Conducted regular meetings to review progress, identify risks and issues, and adjust plans accordingly.
Accountant Officer
Nairobi Disables Programme- NADEP
08.2011 - 12.2011
- Processed payments, prepared invoices, reconciled bank statements, and maintained records of accounts receivable and payable.
- Accurately entered financial transactions into accounting software and ensured that all data was accurate and up-to-date.
- Processed bills by recording invoices received from suppliers or vendors on accounting system database.
- Handled cash and deposits using proper accounting procedures and documentation.
- Maintained and updated chart of accounts, petty cash, and month-end closing.
- Reviewed invoices and payments for accuracy before processing.
- Updated QuickBooks to reflect current financial records business transactions.
- Maintained general ledger accounts in alignment with best practices.
Account Clerk
Initiative for Community Action- ICA Kibera
04.2008 - 04.2010
- Maintained updated records of all invoices, payments, and other financial transactions.
- Gained experience working with QuickBooks accounting software to manage accounts receivable and payable transactions.
- Generated monthly reports detailing changes in account balances over time.
- Reconciled bank accounts on a regular basis to ensure accuracy of financial records.
- Assisted in preparing tax returns by gathering necessary information from various sources.
Education
Bachelor of Science - Business Administration
University of the People
01.2024
Undergraduate Certificate - Accounting
University of The People
01.2023
Undergraduate Certificate - Entrepreneurship
University of The People
01.2023
Associate in Science (A.S.) - Business Administration
Opencourseware
01.2023
Diploma - Business Administration
Technical University of Kenya
01.2008
KNEC- KCSE Certification -
Kaudha Secondary School
01.2004
Skills
- QuickBooks proficiency
- Communication skills
- Problem-solving abilities
- Relationship building
- Team collaboration
- Flexible and adaptable
- Time management
Certification
- Trained in Community-led total sanitation (CLTS)- Practical Action
- Trained in Climate Change Adaptation and Financial Management-Devolution and Climate Change Adaptation (DaCCA)
- Trained in Financial Management Skills (for Finance Professionals)- MS TCDC
- Trained in Tax Audit and Paye submission- KRA AGENTS
- Trained in Cloud Quick Book software
Languages
English
Swahili
Timeline
Regional Finance Manager
AfricaNPUD- Africa Network of People Who Use Drugs
03.2023 - 03.2025
Finance and Administration Lead
Kijiji Yeetu Community Organization
01.2023 - Current
Accounting and Finance Consultant
Voices of Community Action (Vocal - Kenya)
01.2021 - 01.2023
Audit Assistant
Bell Associates- CPA
01.2018 - 03.2025
Finance and Administration Officer
Umande Trust
01.2018 - 01.2021
Accountant Officer
Umande Trust
01.2014 - 01.2017
Accountant Officer
Nairobi Disables Programme- NADEP
08.2011 - 12.2011
Project Implementing team Treasurer
Action Inter-Ethnic Youth Dialogue and Peaceful Reconciliation project- Umande Trust
01.2011 - 01.2013
Account Clerk
Initiative for Community Action- ICA Kibera
04.2008 - 04.2010
KNEC- KCSE Certification -
Kaudha Secondary School
Bachelor of Science - Business Administration
University of the People
Undergraduate Certificate - Accounting
University of The People
Undergraduate Certificate - Entrepreneurship
University of The People
Associate in Science (A.S.) - Business Administration
Opencourseware
Diploma - Business Administration
Technical University of Kenya
Similar Profiles
Kelvin Tumaini MushiKelvin Tumaini Mushi
Intern at Shamba Kijiji LtdIntern at Shamba Kijiji Ltd
OUSSAMA IMARIRENOUSSAMA IMARIREN
National Key Account Manager at Kijiji Canada LTDNational Key Account Manager at Kijiji Canada LTD
Valerie WilliamsValerie Williams
Director of Early Learning Programs at Highland County Community Action Organization Inc.Director of Early Learning Programs at Highland County Community Action Organization Inc.