
Timothy Okwatta
Accounting / Finance
About Timothy Okwatta:
I am senior finance and banking professional with over 20 year working experience in the mainstream banking industry. My experience cuts across all banking functions, that is, retail, card operation, cash management, project management and Finance.
Experience
Currently, am area Financial Controller at Majid Al Futtaim, where I supervise 4 stores with combined sales of over 1 billion per month. Prior to joining Majid Al Futtaim, I worked in National bank in various senior roles with demonstrable achievements for 23 years. As Head of Finance cost and IFRS, I successfully implemented IFRS 9 for the bank, achieved cost save of 350 million on reviewed vendor contracts and saved over 400 m as head reconciliation. Other achievements were setting up Central cash service, outsourced teller services and successful implementation of core banking implementation projects.
Education
PhD business Administration Nairobi University _ ongoing
Master of Commerce - KCA university 2015
Bachelor of Business Administration - Kenya Methodist university - 2011
Diploma in accounting - Kabete polytechnic - 1993
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Own the operational health of Watu's payments across markets. This internal-facing role ensures payments are collected correctly and booked successfully, predictably and timely through settlement performance routines, reconciliation operations, SLA enforcement, and incident respo ...
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