Simon Watoro
George Town,Cayman Islands
Summary
Dedicated and results-driven accountant with over four years of experience, offering a comprehensive understanding of accounting and finance practices. Proven track record of delivering accurate financial reporting, implementing effective budgetary controls, and optimizing operational efficiency. Adept at analyzing complex financial data, ensuring compliance with regulatory standards, and providing strategic financial guidance. Demonstrated ability to collaborate across teams and communicate financial insights to stakeholders. Seeking to leverage extensive expertise in accounting to contribute to a dynamic and growth-oriented organization.
Overview
8
8
years of professional experience
Work History
Accounts Assistant
CICSA Credit Union
04.2023 - 01.2024
- Performing reconciliations of bank accounts of the credit union
- Preparing, scanning and processing of journal entries to record transactions relating to reconciliations
- Performing other reconciliations on a regular basis, investigating and clearing outstanding items once relevant support is documented
- Responsible for weekly cash forecasts reporting to the management to be able to assess the cash position of the union and identify any potential issues
- Assisting and supporting the CFO in the preparation of informational and obligatory filings to ensure compliance with statutory and credit union's regulations
- Contributing to the development and monitoring of internal processes and ensuring their effectiveness
- Assisted with the financial year end audit process.
Assistant Accountant
CIC Insurance Group Plc
04.2019 - 11.2022
- Conducted financial analysis, budgeting, and forecasting to provide data-driven insights for the company's financial decisions
- Expertly handled AP/AR and other financial matters, providing critical support and guidance to management on the liquidity position of the Group
- Assisted senior accountants in preparing and reviewing financial statements, ensuring accuracy and compliance
- Performed risk assessment and internal control reviews to identify and rectify potential issues
- Executed month-end and year-end closing procedures, performing reconciliations to produce accurate financial reports
- Collaborated with cross-functional teams to streamline financial processes and enhance efficiency, resulting in better customer service delivery
- Collaborated with clients to address their financial concerns, providing exceptional customer service
- Managed and maintained financial records for diverse clients, ensuring compliance with industry regulations
- Assisted in the audit process, ensuring all financial transactions were in accordance with IFRS.
Internal Auditor
Mohammed And Kinyanjui Advocates
01.2016 - 08.2016
- Understood key business cycles and processes and identified susceptibility to fraud
- Performed internal audits of financial and organizational operations, developed risk assessments and conducted process walkthroughs for compliance with best practices
- Prepared weekly reports on work performed, debriefed the Managing Partner on findings and addressed feedback provided
- Worked with the accounting system vendors to implement and resolve identified system reconciliation errors which enabled more accurate and timely reporting
- Preparing weekly and monthly detailed reports and presentations for review for all levels of management.
Education
Certified Public Accountant - CPA -
Institute of Certified Public Accountants of Kenya - ICPAK
Bachelor of Economics and Statistics -
Kenyatta University
07.2019
Skills
- IFRS and GAAP understanding
- Bank Reconciliation
- Financial Reporting
- Regulatory Compliance
- Journal entry preparation
- Financial Statements
- Variance analysis
- Month end reporting
- Advanced Excel
- General ledger accounting
- Financial Analysis
Websites
Timeline
Accounts Assistant
CICSA Credit Union
04.2023 - 01.2024
Assistant Accountant
CIC Insurance Group Plc
04.2019 - 11.2022
Internal Auditor
Mohammed And Kinyanjui Advocates
01.2016 - 08.2016
Certified Public Accountant - CPA -
Institute of Certified Public Accountants of Kenya - ICPAK
Bachelor of Economics and Statistics -
Kenyatta University
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