Timothy Oduor

As a finance graduate with a strong track record, I offer exceptional skills in financial analysis, compliance, and strategic communication. With a Bachelor's degree in Co-operative Business (Finance Major) and ongoing ACCA qualification, I possess a comprehensive understanding of financial processes and industry standards. My experience as a Financial Advisor at ICEA Lion Group and previous roles, including Debt Collector at Charismata Sacco, demonstrates my ability to analyze complex financial situations, negotiate payment plans, and ensure compliance with regulations.

I've successfully reduced non-performing loans, facilitated system transitions, and contributed to overall organizational financial health. My background as a Research Assistant at Agriterra Kenya and community service initiatives showcase my adaptability and commitment to positive impact. I am actively seeking a challenging finance role where I can leverage my skills for organizational success.

❖Debt Collector, Charismata Sacco Society Limited

February 2023 – July 2023

 Communicated professionally with debtors to address outstanding balances and negotiate suitable payment arrangements.

 Successfully analysed debtors' financial situations and negotiated payment plans, contributing to increased debt recovery rates.

 Ensured compliance with industry regulations, including the Fair Debt Collection Practices Act

(FDCPA), maintaining ethical standards in all interactions.

 Maintained accurate and comprehensive records of debtor communications and agreements for legal and reporting purposes.

 Addressed debtor inquiries regarding outstanding debts, payment options, and account details,

fostering transparency and trust.

 Effectively resolved debtor concerns and disputes, maintaining positive relationships and minimizing conflicts.

 Escalated cases requiring additional attention to relevant departments or management for swift resolution.

 Maintained a professional and empathetic demeanour during interactions, even in challenging circumstances.

 Generated detailed reports on account statuses, debt recovery progress, and challenges faced,

providing valuable insights to management.

 Committed to continuous learning, staying updated on changing debt collection regulations and industry best practices.

Professional achievement

• Successfully reduced non-performing loans by 37% through effective debt collection strategies.
• Facilitated the full payment of 8% of defaulted loans, contributing to the overall financial health of the organization.
• Implemented a seamless transition from a manual loan management system to an automated system, significantly enhancing operational efficiency and data accuracy.

❖ Research Assistant, Agriterra Kenya

October 2022 – January 2023

Conducted a landscaping assignment in Siaya County aimed to reach out to farmers through

Cooperative societies, Community Based Organizations (CBOs) and Self-Help Groups (SHGs) as key agents of change. The main objective of the project was to undertake a shift of agricultural production towards low-carbon, climate resilient and financially sustainable pathways hence ensuring continued supply of crops and livestock despite anticipated climate change. Below are my achievements:

 Scheduled appointments with test subjects over phone and through email.

 Performed in-depth interviews with research subjects and compiled data and analyses into reports for review by group leader.

 Reviewed and verified qualitative data before entering into database to enhance research quality and accuracy.

 Digitized and organized qualitative data using SurveyCTO to streamline research procedures.

Created 40 research summaries on co-operative societies and presented them to supervisors to advocate further research and funding.

❖ Audit Accountant, Upperhill Springs Restaurant Limited

January 2022 – September 2022

 Reviewed figures, postings and documents for correct entry, completeness and accuracy.

 Organized data into multiple spread sheets to streamline data.

 Processed payments and documents such as invoices, journal vouchers, employee reimbursements and statements.

 Used the FUMAS Hotel accounting software to prepare weekly and monthly financial reports.

 Investigated daily variances and corrected errors to resolve discrepancies.

• Maintained clean and organized files by keeping accounts payable records up-to-date.

 Communicated and resolved disputes with clients regarding outstanding invoices, payments and adjustments.

 Received daily reports and supporting documentation for routine audits and promptly reported any discrepancies for further review.

 Reconciled accounts, spread sheets and documents on daily basis using FUMAS Hotel software.

 Researched cash variances, investigated root causes and corrected problems with detailoriented approach.

 Ensured all purchasing, receiving and issuing procedures have been followed accordingly.

❖ Internship Student, Charismata Sacco Society Limited

Nov 2020 – Feb 2021

 Initiated effective communication with debtors, discussing outstanding balances and available payment options.

 Analysed debtor data to identify trends and assess debt recovery strategies.

 Negotiated payment arrangements based on debtors' financial situations, fostering positive relationships.

 Maintained accurate documentation of interactions and agreements, ensuring compliance with regulations.

 Member Services: Assisted in delivering exceptional customer service to SACCO members,

responding to inquiries, resolving issues, and providing guidance on various financial products and services.

 Loan Processing: Played a key role in the loan application process by collecting and verifying documentation, conducting credit assessments, and ensuring compliance with lending policies and procedures.

 Financial Analysis: Supported the finance team in analysing financial data, preparing reports, and conducting feasibility studies to assess the viability of potential investments and loan portfolios.

 Data Management: Assisted in the efficient management of member data and records, ensuring accuracy, confidentiality, and adherence to data protection regulations.

My dedicated efforts played a crucial role in fostering the growth and stability of the SACCO, leading to a remarkable reduction in non-performing loans by 11%.

Bachelor of Co-operative Business (Finance Major), The Co-operative University of Kenya

Sep 2017 – Feb 2022

Academic Standing – Second Class Upper Division

Relevant Modules: Financial Accounting, Consumer Behaviour, Financial Analysis, Business Law, Negotiation Skills, Ethics in Finance, Micro and Macroeconomics, Data Analysis, Credit Management, Behavioural Finance, Risk Management

Association of Chartered Certified Accountant (ACCA), Strathmore University

March 2017 – up to date

Relevant Modules: Business and Technology, Management Accounting, Financial Accounting and Company Law

KCSE, Uhuru Secondary School

January 2015 – November 2016

Grade B-