Matthew Kipkemboi

Group Junior Accountant

• Conducting daily bank reconciliations for three companies' accounts, identifying and resolving discrepancies within 24 hours. • Monthly submission of the bank reconciliations to the group financial controller for verification and authentication. • Raising domestic and export invoices/credit notes for all the groups for goods lost in transit, price differences, turnover discounts, cash discounts, and target discounts. • Extraction of 2% (VAT), 3% (contractual services), 5% (professional fees), and 7.5% (rental incomes) with holdings data weekly to Excel and prepare an analyzed schedule for remittance for the group to KRA upon approval. • Conducted detailed financial audits, identifying discrepancies, and implementing corrective measures to uphold integrity. • Collaborated with auditors during annual audits to provide necessary financial records and support the audit processes. • Carrying out VAT analysis before remittance to KRA for either refund or payments. • I will take on additional roles when my colleagues are on leave to ensure we meet all deadlines, with the approval of my superior.

• Conducting daily bank reconciliations for three companies' accounts, identifying and resolving discrepancies within 24 hours
• Monthly submission of the bank reconciliations to the group financial controller for verification and authentication
• Raising domestic and export invoices/credit notes for all the groups for goods lost in transit, price differences, turnover discounts, cash discounts, and target discounts
• Extraction of 2% (VAT), 3% (contractual services), 5% (professional fees), and 7.5% (rental incomes) with holdings data weekly to Excel and prepare an analyzed schedule for remittance for the group to KRA upon approval
• Conducted detailed financial audits, identifying discrepancies, and implementing corrective measures to uphold integrity

▪ Reconciliation of the company's main bank accounts daily and checking on reconciling items arising from the reconciliation within 24 hours. ▪ Managing non-operational expenses and making payments via cheques and transfers like directors' expenses. ▪ Managed accounts payable and receivable, ensuring timely processing of invoices and payments to maintain cash flow. ▪ Proper ledger entries for booking invoices/credit notes considering accrual and prepayment concepts. ▪ Preparing monthly rents, electricity, and water consumption schedules and monitoring utilization and consumption from all twenty-eight branches and the head office. ▪ Checking on the VAT refund receipts upon approval from relevant government authorities and making refunds to VAT exemption customers like embassies and tax exemption persons. ▪ Assist in an administrative role to ensure that the licenses, medical certificates, and insurance are paid within the required date after obtaining the necessary approvals. ▪ Posting credit notes for all suppliers issued for discounts, price differences, bulk discounts, and promotions for proper deduction upon payments. ▪ Assisted in month-end closing procedures, preparing accruals and prepayment schedules.

• Reconciliation of the company's main bank accounts daily and checking on reconciling items arising from the reconciliation within 24 hours
• Managing non-operational expenses and making payments via cheques and transfers like directors' expenses
• Managed accounts payable and receivable, ensuring timely processing of invoices and payments to maintain cash flow
• Proper ledger entries for booking invoices/credit notes considering accrual and prepayment concepts
• Preparing monthly rents, electricity, and water consumption schedules and monitoring utilization and consumption from all twenty-eight branches and the head office

➢ Posting of payments received, either by cash, cheque, or credit card during sales at the branch level by customers. ➢ Posting of invoices to the system for AP (Approved payment) upon counter-checking the quantities and amounts. ➢ Preparing till variances for cashiers to check on variances occurring at the branch level and for adverse and favorable variances. ➢ As the head of the department, I provide supervision and management and encourage strong teamwork by properly escalating problems facing the department. ➢ Checking on all customer queries raised at the branch level and finding a reasonable solution. ➢ Monthly submissions of reports for sales and bank reconciliations for all twenty-eight branches.

• Posting of payments received, either by cash, cheque, or credit card during sales at the branch level by customers
• Posting of invoices to the system for AP (Approved payment) upon counter-checking the quantities and amounts
• Preparing till variances for cashiers to check on variances occurring at the branch level and for adverse and favorable variances
• As the head of the department, I provide supervision and management and encourage strong teamwork by properly escalating problems facing the department
• Checking on all customer queries raised at the branch level and finding a reasonable solution

➢ Reconciling supplier’s statements monthly and resolving any discrepancies on time. ➢ Monitored cash flow forecasts about accounts payable and advised on payment prioritization. ➢ Check the validity of suppliers' invoices versus the company system to ensure the payment of goods and services to the correct invoices. ➢ Making timely payments to the suppliers as per the payment terms through cheques or transfers. ➢ Coordinating with vendors and service providers to resolve invoice discrepancies and negotiate with them terms that will benefit the company financially. ➢ Developed strong relationships with suppliers, negotiating payment terms and resolving billing issues.

• Reconciling supplier’s statements monthly and resolving any discrepancies on time
• Monitored cash flow forecasts about accounts payable and advised on payment prioritization
• Check the validity of suppliers' invoices versus the company system to ensure the payment of goods and services to the correct invoices
• Making timely payments to the suppliers as per the payment terms through cheques or transfers
• Coordinating with vendors and service providers to resolve invoice discrepancies and negotiate with them terms that will benefit the company financially

3rd Year Ongoing.

Finalist