Fernandes Otiso

Self-motivated and skilled Project Finance and Risk Management Officer who contributes to accounting, posting on NAVISION, financial reporting, budget management, cashflow management, payables and receivables management, statutory filling, payroll management, management reporting, financial analysis, expert in systems, SOPs, policies and internal controls, audit support, risk management, compliance and grants management.

Experienced

Accountant and Internal Auditor professional with large NGO and manufacturing background. Results driven team-oriented leader whose accomplishments reflect business acumen, administration, finance skills and demonstrated commitment to organizational growth.

Accountant - Westlands General And Specialist Hospital

(2025-07)

• Preparing accurate financial and management accounting reports. This ensured clean audit in the financial year ending December 2025.
• Maintaining effective hospital internal control systems and procedures. This has Strengthened internal controls and led to increased revenue collection by 25% and reduced operational costs by 20%.
• Providing accurate and timely management accounting reports and business performance data.
• Producing forecasts for income and expenditure on a monthly, quarterly, and annual basis. This has increased target achievement by 30%.
• Manages end-to-end AP/AR, vendor profiles, and reconciliations, while reducing AP days from 120 to 14.
• Drafted core policies and robust internal controls, driving financial integrity, operational efficiency, and regulatory compliance to enhance patient safety.
• Providing relevant and timely monthly statements, reports, and reconciliations.
• Updating records for fixed assets and all other financial documents as necessary, including maintaining the asset register for accuracy and timely updates and conducting regular asset verification exercises.

Finance and Risk Management Officer - Beacon of Hope

(2020-04 - 2025-04)

Worked on Tumikia Mtoto Project, Christian Aid Project, Marjan Foundation Project, Blood Water Project across Hospital, Schools, College, and Hospitality sectors. Contract ended when USAID withdrew their funding following the new US administration.

• Executed accurate SAP postings, proper coding/allocations, and adherence to policies and donor regulations to prepare consolidated financial reports. This ensured compliant financial reporting, resulting in clean audit reports since 2020 and the timely submission of financial/project reports by the 5th of each month.
• Developed, monitored, and analyzed budgets, and compiled budget-versus-expenditure reports. This led to a 100% reduction in budget variance since 2021 and facilitated decision making, budget re-alignments, and burn-rate reviews that ensured all grants were fully utilized while avoiding over-expenditure.
• Managed cash flow and ensured the timely receipt of donor funds, which completely eliminated cash deficits of up to Kshs.50M annually. Developed asset, liability, and cash flow models to identify funding needs, guarantee timely fund availability, and assess financial risks.
• Maintained up-to-date vendor and customer profiles, processed supplier/customer invoices and expenses, and performed payables/receivables reconciliations. This accelerated invoice processing and reduced AP days from 120 days to 14 days.
• Calculated and processed accurate and timely tax returns, tax payments, reconciliations, and documentation, which secured yearly Tax Compliance Certificates.

BSc - Applied Accounting - Oxford Brookes University UK

ACCA Professional Level - Accounting - KCA University

Kenya Certificate of Secondary Education

Kenya Certificate of Primary Education