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Emmah Kaari Mbaabu

Emmah Kaari Mbaabu

Accounting, Finance and Investments Specialist
Nairobi, Nairobi Area
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About Emmah Kaari Mbaabu:

I am a hardworking, creative, and dedicated young professional with a strong drive for success in the fast-paced and competitive business world. With a highly self-motivated and output-driven personality, I consistently strive to deliver excellent results. Through my experience, I have acquired versatile skills that enable me to excel in diverse departments and embrace the spirit of smart work and teamwork. I am flexible and adaptable to uncertainties and changes in work demands. With a combination of natural talents and acquired expertise, I bring valuable assets to any prospective employer. I am confident in my ability to contribute effectively and thrive in a dynamic and ever-evolving corporate environment, utilizing my ambition and dedication to achieve mutual success.

 

Experience

With over 6 years of work experience, I have contributed the following in the organizations that I have worked in:

i.) Senior Accountant at Methodist Resort & Conference Centre
Key Contributions: 
• Led the finance team during the Covid-19 pandemic from 2020 to May 2023, achieving a 40% increase in resort profits through infrastructural renovation initiatives and cost management approaches.
• Implemented strategies resulting in a 50% improvement in staff productivity, creating a dedicated work environment during challenging times.
• Reduced supplier arrears by 80% by implementing effective timelines and payment plans, enhancing the resort's financial stability.
• Maintained accurate books of accounts with 100% compliance despite operating with a reduced staff count.
• Ensured timely and accurate recording of financial transactions across all departments, resulting in a 95% reduction in accounting errors.
• Managed the petty cash system, conducting impromptu audits and verification, leading to a 100% accuracy rate in petty cash payments and reimbursement.
• Rectified prior period errors and updated backlogs, resulting in accurate financial records and journals, improving transparency and compliance.
• Conducted timely bank reconciliations, eliminating backlogs and ensuring monthly reconciliation, protecting the company's interests.
• Achieved a 98% reconciliation rate of debtors and creditors, improving financial accuracy and maintaining strong relationships with stakeholders.
• Implemented daily stock take procedures, resulting in a 15% reduction in food and stock item costs while increasing overall production efficiency.
• Ensured 100% compliance with company financial requirements and policies by analyzing and verifying all payments for accuracy and error-free processing.
• Maintained an accurate Fixed Assets register, schedule, and movement, depreciating assets according to IFRS guidelines, and facilitating proper disposals.
• Successfully integrated data from Hotel Time & Vento System to Pastel, ensuring accurate and timely revenue and payment reporting for debtors' management.
• Prepared financial statements, including Profit and Loss Statement, Balance Sheet, Statement of Cash Flows, and Trial Balances, providing the board with up-to-date financial insights and facilitating decision-making.
• Assisted management in financial forecasting by drafting the annual budget based on prior year actual financial accomplishments, resulting in accurate future financial projections.
• Filed tax returns in accordance with KRA regulations, ensuring compliance with VAT, Income Tax, Withholding Taxes, Professional and Consultancy Fees, and Catering Levy.
• Safeguarded all business licenses and maintained custody of essential organizational documents, ensuring compliance and legal requirements.
• Successfully represented the company during external audit processes, ensuring independent and fair financial reporting, and compliance with industry standards.

ii.) Assistant Accountant at Methodist Church in Kenya
Key contributions: 
• Successfully updated and entered all financial transactions of the Mission Department into the financial system software (QuickBooks), eliminating a backlog and ensuring accurate and auditable records.
• Efficiently entered and corrected all financial transactions and pensioners' funds accounts in the financial system (QuickBooks), addressing a one-year backlog and providing timely statements to pensioners, restoring their trust.
• Introduced and implemented an accounting system for the Women Department, enabling accurate recording of annual financial transactions and facilitating certification by auditors each year. Successfully managed the account on behalf of MCK Connexional Women Fellowship.
• Financially coordinated major activities, international events, and local events on an annual basis, ensuring effective financial management and compliance.
• Providing support in QuickBooks entry and administration of financial transactions across multiple departments including Conference Administration, Mission, Women, Projects, Pension, and Provident Funds.
• Playing a pivotal role in efficiently collecting and accounting for funds allocated to Ministerial training and Women Connexional workshops, ensuring accuracy and effectiveness.
• Conducting general bookkeeping tasks and ensuring meticulous financial documentation for reliable record-keeping.
• Occasionally taking responsibility for effectively managing petty cash to maintain financial discipline.
• Assisting in the development and writing of proposals and reports for funded projects in the Humanitarian and Rural & Urban Department.

iii.) Attache Universal Cuisine Ltd.
Key contributions: 
• Implemented efficient accounting and reporting processes for all sales and purchases across three outlets (Pizza World, Chicken World, & Coffee World), resulting in accurate financial statements.
• Conducted daily stock reports to identify restocking requirements and monitor stock movement, leading to minimized material wastage and consistent delivery of high-quality products to customers.
• Streamlined bookkeeping practices by introducing an advanced file and Excel database system, replacing manual paperwork. This ensured proper storage of all transactions for easy reference by management during decision-making processes.
 

Education

i.) Master of Science, Finance & Investments-University of Nairobi 
   2018
ii.) Bachelor of Commerce (BCOM) Banking and Finance-University of Nairobi
iii.) Certified Public Accountant (CPA) - Section 4 finalist
 

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