Kenneth Okoyo

Financial Accountant at Bawan Limited (2016-04 – 2024-12)

Management Reporting & Ledger Clean-Up: Led end-to-end month-end closures; resolved historical accounting variances, performed hands-on balance sheet reconciliations, and established timely monthly management packs for executive review.
Project Accounting & Cost Allocation: Monitored live commercial projects, tracking cost-to-complete, project overheads, and work-in-progress (WIP) balances to ensure accurate gross margin recognition across project lifecycles.
Cash Flow & Working Capital: Built and maintained rolling cash flow forecasts, actively managing trade payables, supplier payment terms, and commercial collections to safeguard liquidity.
Process Automation: Re-engineered legacy billing and spreadsheet reconciliation workflows, introducing automated data routines that eliminated manual bottlenecks and reduced periodic reporting labour by 40%.
Building Internal Controls: Established structured financial control procedures across operational teams, including purchase order approval hierarchies, expense verification routines, and inventory controls.
Year-End Statutory & Audit Readiness: Prepared comprehensive audit working papers, liaised directly with external audit teams, and ensured all statutory accounting queries were resolved cleanly.

Financial Accountant (Accounts & Operations) at Mayfair Holdings Limited (2011-05 – 2016-03)

Hands-On GL Ownership: Oversaw daily general ledger functions, managing accounts payable, customer invoicing, prepayments, fixed asset registers, and multi-currency bank reconciliations.
Commercial Receivables & Credit Control: Implemented structured debtor tracking and customer credit controls, resolving long-standing billing disputes and accelerating cash collections.
Operational Cash Management: Maintained daily bank positioning and working capital balances, managing local banking relationships and planning supplier disbursement schedules.
SOP Development: Documented and standardized core finance standard operating procedures (SOPs), closing control gaps and ensuring timely statutory tax and payroll filings.

Senior Accountant (Audit Engagement Lead) at Professional Outsourcing Services (2007-01 – 2011-04)

SME Accounting & Backlog Resolution: Managed full-cycle accounting and monthly management reporting for a diverse portfolio of owner-managed, project-oriented SMEs.
Bringing Accounts Up to Date: Specialized in entering client organizations with disorganized or legacy accounting records, untangling unallocated transactions, reconciling historical ledgers, and instituting orderly closing routines.
Audit Preparation: Compiled year-end statutory accounts, draft tax computations, and complete audit files, providing direct guidance to business owners on operational cost control.

Internal Auditor at Bata Shoe Company (2006-01 – 2006-12)

Operational & Control Audits: Evaluated operational workflows and commercial transactions, identifying control vulnerabilities and recommending streamlined process improvements to senior leadership.

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