Judy Rono
General Information
- Language English
- Highest Degree Level Bachelors
- Total Year Experience 9
- Job Category Accountants
- Expected Job Level Mid-level
- CV Upload CV-Judy.docx
Education
Work Experience
- Hamlet Trading and Supplies Co. LtdFinancial Accountant
-
Key finance responsibilities:
rnrn
Review and approval of Journalrnvouchers before posting in the system. Review and approval of payment vouchersrnfor disbursement. Review and certification of the company’s bank reconciliationrnstatements. Review of various general ledger accounts to ensure properrnrecording of entries and initiating corrective action where necessary. Ensuringrnall necessary book adjustments are processed before closure of the financialrnperiod. Preparation of various management reports such as the monthly salesrnreports, monthly financial statements etc. Set up and maintenance of managementrndashboard providing one-stop view of key finance related metrics. Preparationrnof annual financial statements and supporting schedules for audit, and relatedrnyear end activities. Liaison with external auditors ensuring audit queries andrnobservations are dealt with satisfactorily.
rnrn
Keyrnadministrative responsibilities:
rnrn
Participate in the recruitment, trainingrnand induction of new finance staff. Review, design and roll out of workflowsrnwithin finance area to improve efficiency and strengthen internal controls.rnSupervision of a small finance team to ensure staff performance is as per setrnexpectations and in particular reviewing training needs and ensuring effectivernperformance appraisal process. Ensuring all statutory deductions are processedrnand disbursed within set deadlines.
rnrn
rnrn
Achievements:
rnrn
v Design,rnset up and implementation of the company’s chart of accounts in the accountingrnsystem. The chart has been in full use by the company and has been used tornprepare financial statements compliant with International Financial ReportingrnStandards with unqualified audit opinions.
rnrn
v Design,rnset up and implementation of the company’s budget system and integrating to thernaccounting system. The budget system has been the basis for preparation ofrnmanagement and contributes to the management dashboard.
rnrn
v Design,rnimplementation and maintenance of the management dashboard to provide seniorrnmanagement with a one-stop point to review finance metrics useful for decisionrnmaking. Metrics are presented in trend charts and graphs for ease of referencernand are continuously updated.
rnrn
v rnSet up and enforcement of robust internalrncontrols in the finance area. In particular, internal controls relating torncapture and recording of financial transactions from the company’s outletsrnwhich was achieved through automation of the point of sale systems andrnestablishing a strong system of petty cash and records management.
- Equity Bank LtdRelationship Officer- Credit
-
KeyrnResponsibilities:
rnrn
Individual loan application appraisalrnand credit evaluation which comprises letters to employers for irrevocablerninstructions. Marketing of new and existing products to clients and appraisalrnfor new borrowers to establish rapport. Follow up on delinquent loan accountsrnto minimize bank exposure through demand letters via guarantors, employers,rndebt collectors and callback to clients. Management of loan portfolio to ensurerna PAR of less than 5% on arrears is maintained. Reconciliation of bank suspensernaccount with loan accounts. Ensuring that crucial documents like loanrnagreements and collaterals are properly serialized, filed and safely stored. Preparationrnof Bid and Performance bonds and process in the system. Branch maintainer ofrnloans. Regularly communicating with clients to assess satisfaction with servicernand respond to enquiries.
rnrn
Achievements:
rnrn
v rnManaged loan book close to 600 million withrnlow portfolio at risk (PAR) of less than 5% against a branch average of 10%. Thisrnwas achieved through a robust appraisal process of new clients, rapport withrnclients which ensured a significant portion of the portfolio were repeatrnclients and proactive follow up on non-performing accounts.
rnrn
v rnReduced time of loan processing to 24 hoursrnwhich was well below the service level agreement (SLAs) timeline of 36 hours.rnThis was achieved by developing a comprehensive checklist based on experiencernwith clients to complement the standard version issued by the bank and byrnstreamlining the appraisal process to make it short but rigorous. This cut downrnon time wasted during approval process.