Mary Otip

A Finance and Investments operations integrator, driving data-driven change focused through the lens of a big-picture business perspective built on diverse experience. Executive level financial credentials developed through a grounded, yet rapidly progressing career of over 5 years. A solid history of achievements in managing the daily and long-term financial accounting procedures that exceed productivity goals in multi- cultural business environments. Respected for connecting with clients from all levels, analyzing diverse businesses, identifying untapped opportunities, and delivering innovative solutions that drive growth in revenue. 

Kenindia Assurance Company Limited                                                          Nairobi, Kenya Assistant Manager, Finance and Investments                                                  January 2021- To date

• Designing and implementing a well-organized cashflow statement for daily funds allocation to various departments that resulted in 40% reduction in time while settling obligations.
• Deal execution and transaction management: Deliver all transactions and accountabilities of the role efficiently, on timely and expeditious basis and using the best practice standards. Ensure that defined transactional requirements recorded in documentation are executed accordingly. 
• Identifying new investment opportunities, execute transactions and actively manage Kenindia’s portfolio.
• Designing and managing the underwriting process for all new investment proposals including financial and market assessment in collaboration with investment brokers to ensure minimized risks.
• Build and actively manage portfolio of investments. 
• Business Development: Source and access opportunities, vetting investment proposals for investment committee approval ensuring maximized returns to boost investment income.
•  Use financial analysis and written skills to prepare investment memos, analysis, and impact thesis development for prospective investment opportunities 
• Structuring and Negotiation: Evaluate, structure, negotiate and close new debt and equity transactions approved by the management.
• Strategy Development and Knowledge sharing: Contribute to drafting investment strategies for business development with objective to build a robust investment pipeline. 
• Researching and interpreting company data to facilitate investment proposals in line with the company’s investment policy.
• Responsible for coordination of and preparation for Investment Committee meetings including organizing meetings, preparing meetings materials and assemble pre-read packs, presentation of investment proposals for approval when needed, and recording of meeting minutes
• Performing bank reconciliation, disbursements, clearance of receivables, overall cash management and monthly financial closure on a regular basis.
• Mentoring and Coaching: Mentor and coach interns to help build talent and grow skill base of staff.

Kenindia Assurance Company Limited                                                         Nairobi, Kenya

Investment/Finance Officer                                                         January 2018 -December 2020 

• Managed payments, account organization, cash flow monitoring, managing bank accounts, electronic banking, pooling and netting, as well as in-house bank functions.
• Maintained an adequate amount of funds in various disbursement accounts to fully meet the day-to-day cash requirements.
• Employed funds for investments at the right time in order to prevent missing out on investment opportunities and earning interest.
• Monitored all balances and currency rates regularly, and collaborated with bankers for optimal benefit for Kenindia to prevent delay in payments due to insufficient funding.
• Participated in the Investment Committee meetings and provided insight on maximizing income in the Company’s portfolio and achieving optimal returns for the various clients under the Company’s mandate.

Kenindia Assurance Company Limited                                                         Nairobi, Kenya

Finance Officer                                                                                 July 2014 -December 2017 

• Received supplier invoices and staff claims via the designated channels, checked for completeness and accuracy and ensured all support documents are attached.
• Analysed and input accurately in the system and circulate for approval.
• Processed payments and wire transfers and ensured they are complete and accurate and that funds have reached the designated recipients.
• Delivered all relevant information to the auditors in a timely and accurate manner in support of external financial audit process
• Liaised with branch finance officers to ensure that interbranch balances are reconciled every month and necessary adjustments passed to ensure parity of counterparty balances.
• Posted and processed journal entries to ensure all business transactions are recorded

KASNEB                                                                                                         Nairobi, Kenya

Certified Investments Financial Analysts (C.I.F.A)                                             May 2022

Jomo Kenyatta University of Agriculture and Technology                             Nairobi, Kenya

Masters of Science in Finance                                                                           June 2017

Jomo Kenyatta University of Agriculture and Technology                             Nairobi, Kenya

Bachelor of Science in Actuarial Science                                                            June 2014