Credit Officer III - Agricultural Finance Corporation (AFC)
(2018-10)
As a key member of the branch management team, I am responsible for the core business of the Corporation in loan disbursements and collection while handling and recruiting potential clients in view of growing the branch Portfolio. My duties include developing and overseeing financial tracking, resource flows, reporting, and compliance. I report to the branch Manager and work closely with the Finance and Operations department team to ensure a seamless system of workflow within the branch and head office through optimizing current resources, enhancing team capacity, promoting excellence and sustained growth.
- Conducting loan origination through interviews in recruiting potential clients with viable proposals
- Appraise and present processed loan applications to the branch loan committee
- Monitor delinquent accounts so as to take remedial action on each case
- Participate in Agricultural Society of Kenya shows and field days to show case the Corporation's products and enhance business growth
- Attend and participate in branch loans/arrears committee and staff meetings so as to participate in deliberations for improved performance
- Opening of loan accounts once all legal formalities have been perfected
- Recommending loan applications with viable proposals to the branch manager
- Conducting inspections, and valuation of securities, supervise Seizure and disposal of chattels and land securities through auctioneers and reducing delinquency
- Preparation of credit financial reports for presentation to management and the Board
- Authorizing payments and a signatory to the Corporation Branch Bank Accounts subject to set limits
Accountant III - Agricultural Finance Corporation (AFC)
(2014-05 - 2018-10)
The role involved overseeing and managing financial operations, ensuring compliance with financial regulations, and maintaining accurate financial records.
- Supervise the analysis and reconciliations of various cash books and undertake bank reconciliations of all branch bank accounts on a monthly basis to ensure accuracy and compliance with internal controls
- Monitor bank balances and cash investments
- Oversee the preparation of annual and monthly branch financial statements to ensure compliance with statutory requirements
- Preparation of branch Loan collection remittances, confirmation of the correctness of batch bankings to ensure that Corporation's gets value for money
- Prepare, examine, and analyze accounting records, financial statements and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
- Co-ordinates the branch external and internal audit and ensures that all enquiries are attended to
- Computing taxes owed and prepare tax returns, ensuring compliance with payment, reporting and other tax requirements
- In charge of internal controls and fraud prevention by implementing controls to safeguard assets, monitoring unusual transactions in helping to detect and prevent fraud
- Custodian of the Corporation's assets accountable documents at branch level
- Custodial of title deeds used as collaterals for loan applications
- Managing client loan disbursements & ensuring turnaround for all other payments. Budgeting/Monthly/weekly monitoring Reports
- Loan Processing/Approval
- Bank Reconciliations
- Refund Processing
- Loan recovery/collection
- Preparation of security discharge documents/LON 251
- Confirm correctness of schedules for refund purposes and initiate timely refund where necessary
- Provide accounts statements, analysis and reconstruction of accounts for court purpose
- Branch/Operations End of Day procedures
Audit Associate - KKCO EAST AFRICA CPA (Audit, Tax & Consulting)
(2013-01 - 2015-05)
In this role, I conducted audits as per the audit plan under the supervision of the Audit Senior, assisting audit teams in conducting special audits and reviews as directed by management. In addition, I would support the implementation of audit recommendations through regular follow-ups with accountants.
- Carrying out audit following the Audit plan, under supervision of Audit manager
- Execute detailed audit procedures including reviewing transactions and verifying documents, records, reports and procedures
- Conducting audit tests which are sufficient in scope to support professional opinions as to the fair representation of client financial statements
- Assist in ensuring audit recommendations are implemented through regular follow ups with the accountants
- Conducting regular reviews of internal control systems to ensure their adequacy to prevent errors and irregularities
- Management of the planning, execution and reporting of statutory audits
- Assist in planning work on assigned segments of the audit
- Prepare working papers which record and summarize audit procedures performed and ensure that working paper files comply with approved firm guidelines
- Assist in developing recommendations for corrective action/improvement
- Carrying out stock takes
