Faith Nyarienya

I am a highly motivated and versatile Finance and Accounting professional with over six years of extensive experience in various accounting roles within diverse organizations. I possess a strong drive for professional growth and advancement in the field of finance and accounting. I have successfully completed a Bachelor of Commerce degree with a specialization in Finance, and I am currently engaged in pursuing a Post Graduate Diploma in Tax Administration and a CPA Advanced Level Certificate to further enhance my expertise as a Public Accountant. Throughout my career, I have demonstrated proficiency in inventory management, financial advisory, accounting practices, account management, as well as customer service and relationship management. 

PROFESSIONAL EXPERIENCE

Financial Accountant (L2)                                                         June 2022 – June 2023

Zepz (Sendwave), Remote  

Key Contributions:

• Preparing financial statements by recording intercompany transactions and bank transactions in the appropriate journal entries or accounts.
• Posting accrued & prepaid expenses and reconciling the ledger to help increase accuracy, prevent significant errors and identify adjustments.
• Participating in reconciling 125 multi-currency bank accounts and wallets, including main operating accounts for 4 entities.
• Participating in audits to assess the effectiveness of internal controls and provide evidence when liaising with external auditors and banking contacts.
• Optimised financial transactions and systems by performing reconciliation of funds transfers and pre-funded loans to and from partner accounts.
• Reviewing monthly financial records and completion checks for general ledgers to determine the accuracy and completeness of data.
• Actively participating in the management of intercompany trades sheets, checking the accuracy of FX conversion, and working with other teams to resolve all discrepancies.
• Establishing and maintaining effective working relationships with other teams to ensure a smooth flow of financial activities.

Accounts Receivable, Stocks & General Accounting Specialist           Apr 2021 – June 2022

M-Gas Limited

Key Contributions:

• Gathered and verified invoices from customers and suppliers for appropriate documentation prior to payment and performed reconciliations of general accounts.
• Prepared reports such as monthly stock valuation reports between physical and virtual inventory for management review.
• Managed sales reconciliations between Mpesa and Inergy systems daily to help identify discrepancies and ensure the business’s cash flow (daily cash inflow).
• Reconcile and analyse the AR ledger by splitting actual and deferred revenue.
• Performed an analysis for sales per depot and consumption to help forecast on future sales trends and oversaw monthly LPG gas stock take for all the depots and a quarterly stock take on other assets.
• Prepared management reports monthly showing income statements, balance sheets and profitability analysis of the company (based on each location).
• Managed intercompany transactions between the parent and subsidiary and also managed the fixed asset register and prepared the prepayment schedule.
• Processed and reconciled the balance sheet ledgers and grants to ensure accuracy of financial statements.
• Support the team regarding system issues on proper posting and allocation of expenses and inventory items. Training colleagues on understanding and the use SAP (TZ and Kenya Team).
• Worked closely with SAP consultants in resolving accounting system errors and coming up with new ways to properly account for various items.
• Provided support in performing audits to help solve discrepancies. 

Accounts Payable Specialist           Apr 2018 – Dec 2020

Soko                        

Key Contributions: 

• Distributed payment to vendors, monitored loans and discount opportunities, verified contact details and resolved discrepancies in purchase orders, invoices and payments.  
• Maintain payable accounting ledgers by verifying and posting account transactions.
• Facilitated the filing of taxes including Value Added Tax, Withholding Tax, PAYE and Withholding VAT to ensure compliance with state laws.
• Verified supplier accounts by reconciling monthly statements and related transactions.
• Participated in the reconciliation of processed work by verifying accounting entries and comparing system reports to balances for accounts payables.
• Communicated with suppliers regarding issues related to payment and outstanding balances to help resolve their complaints. 
• Reconciled balance sheet accounts regarding Artisan Management with a focus on vendor reports.
• Reviewed supplier invoices and bills and booked transactions in their specific ledgers for appropriate documentation before payment.
• Monitored cash flow and prepared budgets to ensure that there are sufficient funds to meet set obligations.
• Maintained the prepayment amortisation schedule and reconciled it against the general ledger to help in financial planning.
• Handled preparation of bank and Mpesa reconciliation as well as payment bookings to prevent financial statement errors. 
• Prepared financial statements, reconciled statements, and posted inventory through the supplier bills to keep stock quantities at an optimal level. 
• Coordinated with external auditors to prepare audit schedules and requirements and ensure audits are completed on time according to set standards. 
• Shipping analysis to review the logistics costs for different locations and the service providers
• Asset financing management (Issuance of assets to artisans and reconciling their asset financing).

Assistant Accountant                                                                                                   Jan  2017 – Mar 2018

Soko   

Key Contributions:

• Facilitated petty cash management including bookings and reconciliation to ensure that funds are used appropriately.
• Ensured accurate and timely compliance with all legal, statutory deductions (NSSF, NHIF, Sacco deductions and HELB) and corporate affairs requirements.
• Managed accounts receivable including invoicing and ETR and collections from customers to ensure timely payments and avoid bad debt.
• Provided financial advice and assisted with strategic planning and the preparation of business plans to help in accelerating financial circumstances.
• Ensured effective control of treasury funds, credit lines, import and export expenditures, capital expenditure, investments and assets.
• Analysed the company’s financial and general operating information to identify trends and opportunities for development.
• Participated in monthly and end of stock audits and provided audit support.
• Worked closely with the HR team to keep all employee records and documents.
• Validated customer orders before shipping to ensure accuracy of records and orders.
• Filed company documents such as invoices, receipts, audit and shipping files in an organised manner for easy retrieval.

Post Graduate Diploma in Tax Administration | Ongoing  Kenya School of Revenue Administration (KESRA) 

Bachelor of Commerce (Finance) | 2014 – 2018  Strathmore University   

CERTIFICATION 

• Certified Public Accountant | CPA POST ADVANCED LEVEL | Ongoing