Valarie Okello CPA
Assistant Accountant at Kenya Rural Roads Authority- Claim this Profile
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Bio
Experience
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Kenya Rural Roads Authority
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300 - 400 Employee
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Assistant Accountant
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Sep 2019 - Present
Key Contribution: • Reconciling financial discrepancies by collecting and analyzing account information. • Enhancing the accuracy of the company's reported financial results and ensuring they comply with generally accepted accounting principles. • Delivering financial oversight on projects, project documentation, set-up, forecasts, appropriations, and project closeout. • Generating monthly financial statements, analyzing the variance between actual and forecast and providing improvement plans to reduce operating cost. • Managing petty cash reimbursements to staff for office expenditure and petty cash transactions. • Championing adherence to statutory tax regulations and deductions by timely filling PAYE, NSSF, NHIF returns. • Managing all end-to-end project accounting operations that has increased monthly reporting efficiency by 70%. Show less
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Braemeg Savings and Credit Co-operative Society Limited
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Nairobi County, Kenya
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Accountant
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Apr 2019 - Jul 2019
Key Contributions: • Decreased the default risk by conducting Loan Appraisals, payroll deductions and generating bank lists for the credit committee. • Reconciled payroll monthly to ensure accurate accounting records, which are necessary for tax filing and measuring financial health. • Calculated the profitability, liquidity, and the overall financial health of the SACCO by conducting General Ledger Postings including members’ direct loans and savings repayments. • Resolved all clients’ complaints, dispute or variations by taking the members through their Statements of Accounts. • Offered product knowledge to the customers that included generating Members’ Statements and computing Loan Amortization Schedules as requested. • Conducted dividend reconciliations and postings as well as identifying and resolving all variances. Show less
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Great Lakes University of Kisumu
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1 - 100 Employee
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Assistant Accountant
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Jun 2017 - Sep 2017
Key Contributions: • Made significant improvements to budget processes and expenditure which led to a decrease in the institution's overall cost of operation. • Guaranteed that all departmental invoices were correctly coded and documented for payment within the period. • Verified purchases against budgets including processing accounts receivable, monitoring incoming payments, and securing revenue by verifying and posting receipts. • Streamlined analysis, filing and reporting processes to simplify students’ and staff records retrieval. • Performed bank and institution account reconciliations and analysis of critical balance sheet accounts. • Dependably created timely journal entries to effectively revise the income statement on a monthly basis, hence saving the organization a lot of money. • Processed payroll, tax deductions and all end year financial statement adjustments for the organization. • Reviewed petty cash receipts on a monthly basis to determine if purchases are within the qualifying guidelines. • Collaborated with quality assurance to develop reports on students’ and institutional trends. Show less
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Education
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Kenyatta University
Bachelor's degree, Commerce, Finance