Mary Kongoti

Am currently working as Finance Intern since 29th August 2022 up to 28th February  Zamara Risk and Insurance Brokers Limited.

• Receipting, allocation, passing journal entries, correcting misallocation of funds to respective clients account and issues receipts to the client.
•  Billing, posting and uploading payments on online banking system.
• Forecasting, regulating and managing cash flow including petty cash and leveraging on cash inflows to ensures that funds are wisely invested before payment are made.
• Reconciling payments to ensure the accounting system reflect the correct transactions.
• Doing quarterly production and statement reconciliation by comparing brokers books of accounts with those for underwriters to see if we booked the same business and make follow ups to those that don’t match.
• Identify unmatched transactions and make follow-up with the custodian and prepare reconciliation reports to the Fund Administrators and Investment dealers.
• List unmatched accounts and to be remitted to the suspense accounts.
• Review all daily transaction entries to verify the correctness and completeness of the captured data and advise on required actions.
• Reconcile collection account and ensure that any wrong debit entries are rectified.
• Reconcile the various funds’ daily cash balances between the Custodian and the in-house systems. (Administration and Fund Management System).
• Prepare monthly reconciliation report of all the fund accounts and explain the variances.
• File the monthly portfolio valuation reports for Fund Manager and Custody.
• Work closely with Fund administrators, Investment dealers, Custodians and payment platform providers.
• Daily review of the suspense account and ensure transfer to clients’ accounts for reconciled entries.
• Prepare weekly suspense position including the Aging analysis;

I graduated at Moi university Eldoret on 23rd June 2022 School of Business and Economics, Bachelors in Business Management, Finance and Banking Option with Second Class Upper Division.   

Diploma in Procurement and Supply Chain Management, Egerton University, May   

2015 October 2017.

Certificate of Proficiency in Insurance, The College of Insurance, July – September 2015   

Microsoft Office Application Packages, Malezi College, February – March 2013