Abby Olaba

Self-initiating and integrity driven Finance Management professional with 4 years’ impressive track record of delivering outstanding finance operations, with a knack for accuracy and service delivery. A reputation for eliminating low-value agreements, enabling multimillion-dollar ROI, and reducing annual expenses through strategic planning and opportunity identification. Reputation for identifying industry dynamics and taking responsibility for proactive financial planning and building on them. Holds a thorough understanding and compliance with GAAP coupled with a meticulous attention to detail and superb organizational skill. Conscientious and adaptable professional accustomed to working with multi-cultural teams including C suite executives and leaders.
 

Strategic Financial Planning & Forecasting | Innovative Initiatives | Key Performance Indicators | Financial Analysis & Reporting | Corporate Financial Affairs | Internal Controls | Risk Mitigation | Financial Restructuring | Systems and Process Oversight | Statutory Deductions | Collections Management | Credit Applications | Stakeholder Relations | Financial performance

Key Contributions & Results: 
Implementing invoice verification controls to ensure quality and proper documentation.
Assisting external auditors and providing required statements and information for the annual audit.
Allocating hospital funds received from various insurances after services are rendered by the hospital.
Coordinating monthly bank reconciliations of local and foreign currency accounts, M-PESA, Cheque and CreditCard reconciliation, generation of accruals schedules, reconciling staff advances and expenses, balance sheet and income statement analysis to ensure accuracy before month close.
Updating the TAT (Turn Around Time) tracker folder for supplier payments and doctor payments to ensure that suppliers and doctors are paid on a timely basis according to the agreed credit terms.
Processing of finance monthly and weekly reports by updating the finance dashboard that includes the hospital's occupancy numbers.
Attending to debtor and creditor queries on payments and receivable matters to enhance company relations, thus strengthening stakeholder management.
Handling all taxes validations and calculations on time and reconcile balances with revenue authorities (KRA,UFAA)and vendors.
Initiating approval process of supplier invoices in the workflow together with all statutory payments.
Capturing all supplier invoices on the ERP system ensuring all procurement and accounting policies are followed with regards to documentation and authorization.
Verifying prices and amounts received with invoices to ensure proper payments to vendors.
 

Bachelor of commerce - Finance Option