Erastus Loolio
Finance Accountant | Payroll & Tax Compliance | ERP Systems & Financial Analysis
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About
Finance Accountant with 3+ years managing payroll, PAYE & statutory compliance (NHIF, NSSF), AP/AR, bank reconciliations, and financial reporting for large organisations.
At Kenya Airports Authority: zero audit findings across two cycles, $2M+ in monthly transactions at 100% accuracy, and KES 18M in cost savings surfaced through variance analysis. Hands-on with SAP ERP and KRA iTax. CPA II in progress (KASNEB). Available immediately for full-time engagement.
Experience
Finance Accountant - Kenya Airports Authority (KAA) - Nairobi, Kenya
(2024-06)
- Achieved 100% PAYE compliance and zero late statutory submissions as measured by KRA iTax records, by processing NHIF, NSSF, and PAYE deductions for a 500+ employee payroll monthly — eliminating all payroll audit queries.
- Managed AP/AR operations worth $2M+ monthly with zero late vendor payment incidents as measured by payment cycle records, by implementing a structured invoice-tracking and payment-approval process.
- Identified KES 18M ($150K) in cost-saving opportunities as measured by budget variance reports, by conducting monthly expenditure tracking and variance analysis against approved budgets.
- Improved financial reporting efficiency by 30% as measured by report turnaround time, by standardising and automating recurring SAP ERP report workflows across 8 departments.
- Delivered zero external audit findings across two consecutive cycles as measured by auditors' reports, by maintaining IFRS-compliant documentation and robust internal controls.
- Reconciled 50+ monthly SAP ERP financial statements with zero discrepancies as measured by senior management sign-off, by performing systematic general ledger and bank reconciliations across all accounts.
Finance Intern - Scania East Africa - Nairobi, Kenya
(2023-09 - 2024-01)
- Processed 200+ monthly AP/AR transactions (KES 15M+) at 99.8% accuracy as measured by zero returned payments, by applying dual-verification across 30+ active vendor and customer accounts.
- Cut unresolved bank reconciliation items by 40% as measured by monthly reconciliation reports, by performing daily reconciliations across 5 accounts and resolving discrepancies within 24 hours.
- Surfaced KES 2M+ in budget deviations for management action as measured by variance reports, by comparing actual vs. projected expenditures and flagging anomalies proactively.
- Supported zero-findings external audit as measured by the final audit report, by preparing full-cycle AP, AR, and GL documentation across 4 months of records in SAP ERP.
Finance Intern - The BOMA - Nairobi, Kenya
(2022-02 - 2022-04)
- Maintained zero cash-flow discrepancies across multiple accounts through daily bank reconciliations and up-to-date cashbook records.
- Prepared weekly revenue and expense summaries enabling on-time management reporting with no delays across the internship period.
Data & Marketing Analyst - Xpodd - Remote
(2021-05 - 2022-10)
- Drove 122% uplift in revenue conversion through data analysis and targeted optimization — demonstrating the quantitative and reporting mindset applied across accounting roles.
Education
Bachelor of Commerce - Finance - Strathmore University (2019 - 2023)

