Sadiq Abdi
Finance Officer at Somken Tech Ltd- Claim this Profile
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English Full professional proficiency
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Swahili Full professional proficiency
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Somali Native or bilingual proficiency
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Arabic Limited working proficiency
Topline Score
Bio
Experience
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Somken Tech Ltd
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Kenya
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IT Services and IT Consulting
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1 - 100 Employee
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Finance Officer
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Apr 2022 - Present
•Budgeting and forecasting: Developing, monitoring, and reporting on the company's financial performance, including preparing budgets and forecasts for the business and individual projects. •Financial analysis: Conducting financial analyses to identify trends, opportunities, and areas for improvement, as well as providing insights into the company's financial performance. •Cash flow management: Ensuring that the company has enough cash to cover its expenses and investments, and monitoring cash flow to identify potential cash shortages or surpluses. •Financial reporting: Preparing and distributing financial reports, including balance sheets, income statements, and cash flow statements, to internal and external stakeholders. •Risk management: Identifying and managing financial risks, such as credit and market risks, and developing strategies to mitigate them. •Compliance: Ensuring that the company complies with financial regulations, tax laws, and reporting requirements •Strategic planning: Collaborating with other departments to develop and implement financial strategies that align with the company's overall goals and objectives. Show less
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Moya Institute of Technology
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Nairobi County, Kenya
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Accounts Control Manager
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Aug 2018 - Nov 2019
•Student account management: Overseeing the management of student accounts, including the billing and collections process, and ensuring accurate and timely recording of payments. •Credit risk assessment: Analyzing the creditworthiness of students and determining appropriate credit limits and payment terms for tuition and fees, as well as developing strategies to mitigate credit risks associated with student accounts. •Cash flow optimization: Ensuring that tuition and fee payments are received on time and in sufficient amounts to cover operating expenses, and managing cash reserves to cover any shortfalls. •Reporting and analysis: Preparing regular reports on student accounts receivable performance, analyzing trends, and identifying areas for improvement to ensure financial sustainability of the institution. •Compliance and regulation: Ensuring compliance with relevant credit regulations and guidelines, including those related to student loan programs, financial aid, and data privacy regulations. •Student engagement and support: Providing excellent customer service to students and their families, managing relationships with key student accounts, and resolving any issues related to student accounts. •Leadership and team management: Managing and training a team of accounts receivable specialists, providing coaching and support to help them achieve their goals, and ensuring a positive team culture. •Continuous improvement: Identifying opportunities for process improvements and implementing changes to streamline account management and optimize performance. Show less
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INDEPENDENT ELECTORAL AND BOUNDARIES COMMISSION (IEBC)
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Nairobi County, Kenya
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Poling Clerk
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Aug 2017 - Oct 2017
•Search the voter in the Kenya Integrated Election Management System(KIEMS). •Ensuring a smooth flow of voters at the polling station, identifying voters with special needs and managing queues, •Preparation and arranging of polling/counting room. •Assist the Presiding Officer/Deputy presiding officer in stamping and issue ballot papers to identified voters. •Assist Presiding Officer/Deputy presiding officers in sorting and counting ballots. •Any other duty/duties as assigned by the returning by the Returning officer or Presiding officer. Show less
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Education
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KCA University
Bachelor of Commerce - BCom, Accounting and Finance -
Kenya Institute of Management
Diploma in Business Management, Business Administration and Management, General -
Moya Institute of Technology
Diploma in Computer Science, Computer Science