ruth ndirangu

As a competent and qualified Accountant with keen eye on Operations and Logistics, I hereby want to apply for the above job in your esteemed organization. I’m a graduate from Egerton University, where I did Bachelor of Commerce (Second class, Upper Division) degree in Banking and Finance option. I’ve done Post-graduate Diploma in Tax Administration and I’m a member of ICPAK, holding CPA (K), who is well trained and conversant with accounting soft wares and Computer applications including Excel, Sage, Quick books and ERP systems. Currently, I’m pursuing Diploma in Leadership and Management Styles (Alison Online courses) and IFRS certification expert (Module 1 & 2), ICPAK, Jan 2023-ongoing.

I have over 9 years of Work experience in finance and credit management, inclusive of 3 years supervisory role in my current employment. Currently, I’m working with Rafiki Micro- finance Bank as senior finance officer under Financial Reporting and analytics unit since 2019, before which I’ve worked with Real people ltd as a credit officer-SME and Faulu Micro-finance Bank as a relationship officer-micro lending. I’ve also worked for 6 months as account intern at Aga Khan Hospital, Mombasa and NHIF, Nairobi. Working in Banking and finance sector, has given me tremendous skills and experience in; preparation of Management accounts and final financial reports, cost management, tax recons, payment and filing, GL reconciliations, financial planning and execution of budget, assurance of compliance with finance and accounting policies and procedures, support periodic financial audit process, maintenance and monitoring of fixed assets, loan processing and policies, banking operations and payments, credit management, and distribution of targets/BSC to staffs, and coordination of month-end processes, among others. I’m a train Tax consultant, who is well conversant in tax processes including tax laws, tax payments & filing. 

In the course of my work life, I have gained invaluable planning, communication, analytical and decision-making skills which have made me to be good in financial preparation, reporting and management. I’m focused, result oriented, good team player and able to work under minimum supervision. I strongly believe that the acquired knowledge and work exposure in audit, finance, credit, customer service and business administration will be relevant in achieving the above job’s expectations. I’m looking forward to hear from you soon.

Yours Sincerely,

 Ruth Ndirangu

ID NO: 27518886

1.Senior Finance Officer, (Financial Reporting and Analytics), July 2019 – Present. 

Rafiki Microfinance Bank, Nairobi. 

Reporting to the Finance Manager,

 I provide strategic leadership in prudent management of financial resources and ensure provision of services to internal and external stakeholders in accordance with applicable laws and standards.

  Accurately and timely preparation and presentation of consolidated financial reports.

  Preparation and presentation of CBK reports and other statutory reports as per the set timelines. 

 Preparation of management accounts and board reports to top management. 

 Supporting and supervising junior employees in executing their roles and responsibilities. 

 Supporting internal and external auditors in effective completion of interim and annual company audits by liaising with the relevant personnel in the bank as a whole to ensure smooth audit process. 

 Handling the distribution of targets and afterwards reviewing, ranking and presentation of balanced score card (BSC) for branches and department as per set targets on KPI. 

 Monitoring, booking, reconciling of bank placements and borrowings with other banks as well as treasury bonds investments.

  Performing tax planning by ensuring tax compliance and savings of fees and penalties for the bank. 

 Ensuring correct and timely posting of finance transactions in the electronic system, monthly monitoring of all GL balances and resolve any mis-postings, proposed journal entries and audit adjustments as per the set SLA’s.This includes cost monitoring as per approved budget.

 Formulating of resource mobilization strategies and monitoring performance achieved against set targets, in measuring effectiveness. 

 Participate in budget formulation, analysis, review and ensuring accountability in resource mobilization budgets of all departments and branches, including preparation of financial projections. 

 Perform end-month closing process including downloading end month reports from the system. 

 Assisting HR department in processing of payroll and other related statutory payments returns (like NHIF, NSSF and PAYE). 

 Conducting tax computation, online payment and filing of company’s taxes as per the deadline i.e. Rental Income, WHT, VAT and Excise duty. 

 Ensuring accurate and complete accounting, reporting and internal control systems are functioning including proper strategic planning of the organization. 

 Preparation of all GL reconciliations relating to fixed assets, taxes, assets, payables, provisions, prepayments, inventory, leases, petty cash, direct operating costs balances, income, borrowings, placements, tax recoverable, bank daily transactions among others, as per set SLA’s. 

 Conducting statistical analysis on key business income drivers and variance analysis in all of the bank expenses. 

 Offering explanations on payments enquiries to suppliers/service providers and reviewing correspondence in relation to budgetary and financial matters. 

 Coordinating periodic physical verification of fixed assets and conducting monthly stock takes. 

 Monitoring the work in progress GL’s, maintaining new assets in the fixed asset and register disposal. 

 Ensuring proper batching and filing of all the processed memos and vouchers after being stamped. Achievement 

 Successfully handled the training, orientation of new staff and management of the finance team. 

 Meeting deadlines in preparation and submission of all financial reports, as demanded. 

2.Relationship Officer (Micro Lending), October 2013 – April 2019.

Faulu Microfinance Bank Limited, Thika and Mombasa. 

Reporting to the Senior Relationship Officer, 

I enhanced business development, new customer acquisition, market penetration by providing sales support and execution to achieve set targets. 

 Conducted business appraisal, documentation verification and processing loans after verifying capacity. 

 Participated in loan appraisal, analysis and decision making, within agreed SLA. 

 Performed analysis of client’s record and financial statements, CRB, KYC, loan ability, as well as maintaining and updating loan pipeline for future disbursements. 

 Monitored growth and maintained good quality loan book through proper credit management, and implementation of recovery/debt collection strategies. 

 Ensured growth in deposit book through mobilizing of new deposits in groups and customer acquisition. 

 Handled the management of credit risks and ensured high TAT for credit proposals, through working closely with credit, risk and compliance teams. 

 Performed quality assurance checks and implemented approved AML, KYC & CFT policies. 

 Assisted in sales and marketing of new and existing Faulu products like opening accounts, deposits, loan products, insurance products as well as alternative banking channels like agency banking, lipa na mpesa and VISA cards. 

 Ensured high standards of customer service and retention (to both borrowers’ and investors) through quick service delivery, customer relationship management and effective communication. 

 Prepared, presented summarized financial reports and records related to loan and deposit portfolio. 

Achievements 

 Successfully marketed and recruited over 2,000 new customers through church organizations, merry-go rounds, friends, relatives and marketing launches. 

 Marketed, up-sold and cross-sold 400 insurance products(medical, life and motor vehicles insurance) worth 20M and alternative banking channels to existing customers( 25 Lipa na Mpesa and Tills) 

 Built quality loan book of 40M and deposit book of 30M through marketing, follow-ups, referrals and PAR collections. 

3.Other Relevant Experience 

Relationship Officer (SME), 

Real People Limited, May 2019 – June 2019.

  Actively involved in production/sales and marketing of new and existing products, Debt Collections, portfolio management, customer service and Relationship management. 

Finance and Accounts Clerk (Intern),

 National Hospital Insurance Fund (NHIF), Nairobi, August 2013 – October 2013. 

 Worked at Accounts, Inspectorate, and Registry section (Using ERP system). 

Finance Assistant (Intern), 

Aga Khan Hospital, 

June 2012 – August 2012.

 Worked at Accounts, materials management division, and Customer service (Using Quickbooks system). 

IFRS certification expert (Module 1 & 2), ICPAK, Jan 2023-ongoing. 

 Diploma in Leadership and Management Styles (Online), Alison, Jan 2023-ongoing. 

 Certificate in Financial Modelling and Valuation Analyst, Corporate Finance Institute® (CFI)/ALX Financial Analyst Programme, June 2022 – Ongoing. 

 Certificate in Environmental Risk Exposure (Climate Risk Management) training modules, Sustainable Finance Initiatives (SFI)/Kenya Bankers Association (KBA), 1st to 24th August 2022. 

 Certificate in General French (Level A2), Alliance Française De Nairobi, August 2021 – Ongoing.

  Post-Graduate Diploma in Tax Administration, JKUAT/KESRA, May 2016 – April 2021. 

 Certificate in Advanced Excel (Use of Shortcuts, Financial Modelling/Analysis, What-IF Analysis, 

Vlook-up, budgeting under Scenarios and Graphical Data Presentation), Corporate Staffing Services, February 2019 – May 2019. 

 Certificate in Practical Accounting Skills (Filing of Tax Returns, Bank Reconciliation, Payroll Processing and QuickBooks), Corporate Staffing Services, February 2019 – May 2019. 

 Certified Public Accountant (Level VI), KASNEB, May 2010 – June 2016. (Member no.23683). 

 Certificate in Computer Accounting Software (Pastel, Sage, QuickBooks Tally and Systematic Accounting) Computer Society of Kenya, June 2013 – August 2013. 

 Bachelor of Commerce (Banking and Finance), Egerton University, September 2009 – December 2012. 

 Certificate in Basic Computer Applications, KIWAN Computer and Business Management College, January 2008 – April 2008. 

 Kenya Certificate of Secondary Education (K.C.S.E), St. Cecilia Girls High School, Misikhu, January 2007 – November 2007.