Maureen Njoki

Maureen Njoki Email and Phone Number

Bank Reconciliation Accountant @ OLA Energy Kenya
Maureen Njoki's Location
Kenya, Kenya
About Maureen Njoki

πŸ’‘Today's economy demands excellence in the areas of financial management and information systems. Accounting and finance professionals must have a unique blend of experience and leadership along with the ability to contribute to the enterprise's profitability. πŸ‘‰I am a passionate Finance and Accounting professional who thrives on challenges and uses her intellect and creativity to make a difference. I hold a reputation for achieving organizational vision and mission, managing operations, and developing business which in turn drive increased profitability and market share for the business. A rapid-response decision-maker who is able to exploit trends and align advances made with commercial interests and client needs. πŸ†I excel at providing exceptional communication when working with all individuals; from techie CEOs to VC investors. My personal attributes of being an insightful, balanced co-worker who brings a fact-based approach to discussions have helped shape the final strategy by identifying and resolving complex accounting issues, reviewing financial health, and developing a wide range of business and financial objectives. ⏭Moreover, I have leveraged a unique blend of technical and analytical skills to lead world-class organizations, providing expert business transformation services and cutting-edge technology solutions to major corporations in domestic and international markets that operate in diverse industries.πŸ”ΆI have been vaunted for my divergent leadership experiences that created a passion for surpassing financial and service objectives via the amalgamation of world-class service delivery, lean operating methods, renewed marketing directions, and incentive-driven rewards for team achievement.πŸ’₯Meanwhile internally, I provide exemplary leadership, innovation, and technical skills when training and working with team members on best practices and researching safe and effective methods to link cloud technology with traditional software-based accounting. π‚πšπ«πžπžπ« 𝐇𝐒𝐠𝐑π₯𝐒𝐠𝐑𝐭𝐬✨ During my first year at Ola Energy, we transitioned from cash to online payments within a year, ensuring petty cash was paid within 2 days via Safaricom, and staff and vendors were paid directly into their bank accounts each week.✨In Equity Bank, I was a part of the system introducing the 30-day system for staff advances (incentives) to be recovered from staff within 30 days before payroll.Join me on this financial odyssey where precision meets passion, and let's explore new avenues together!

Maureen Njoki's Current Company Details
OLA Energy Kenya

Ola Energy Kenya

View
Bank Reconciliation Accountant
None
Website:
olaenergy.com
Employees:
81
Maureen Njoki Work Experience Details
  • Ola Energy Kenya
    Bank Reconciliation Accountant
    Ola Energy Kenya
  • Ola Energy Kenya
    Bank Reconciliation Accountant
    Ola Energy Kenya Oct 2023 - Present
    π‘²π’†π’š π‘ͺπ’π’π’•π’“π’Šπ’ƒπ’–π’•π’Šπ’π’π’”β€’ Perform daily bank reconciliation for all Kenya banks in both KES and USD, as well as Uganda in both UGX and USD.β–ͺ Ensure timely and accurate processing of transactions, maintaining a vigilant eye on potential discrepancies.β–ͺ Conduct monthly petty cash analysis for 8 locations to guarantee the absence of discrepancies and adherence to approved float limits.β–ͺ Implement proactive measures to address any identified issues promptly.β–ͺ Execute monthly bank reconciliations for all banks in Kenya, Uganda, and Ugas subsidiaries.β–ͺ Verify and align financial records, maintaining accuracy and compliance with organizational standards.β–ͺ Partner with Accounts Payables for vendor and staff payments, accounts receivable for customer payments and treasury, and the General Ledger for journal entries affecting the bank.β–ͺ Handle both internal and external audits efficiently, ensuring a smooth and transparent auditing process.β–ͺ Provide necessary documentation and information to auditors, demonstrating a commitment to financial integrity.β–ͺ Investigate and promptly communicate any disputed amounts.β–ͺ Handle both internal and external audits efficiently, ensuring a smooth and transparent auditing process.
  • Ola Energy Kenya
    Accounts Payable Accountant
    Ola Energy Kenya Mar 2019 - Sep 2023
    π‘²π’†π’š π‘ͺπ’π’π’•π’“π’Šπ’ƒπ’–π’•π’Šπ’π’π’”β–ͺ Implemented efficient procedures for preparing invoices, expediting the export of payments to the banking system, and facilitating prompt release by authorized signatories.β–ͺ Achieved a streamlined payment workflow, reducing processing time and enhancing overall payment efficiency.β–ͺ Drafted and submitted periodic reports that played a crucial role in cash flow planning, providing valuable insights for financial decision-making.β–ͺ Investigated and addressed disputed amounts promptly, ensuring timely resolution of queries and maintaining positive vendor relationships.β–ͺ Conducted meticulous reconciliation of payments to creditors' statements, updating vendor accounts for accuracy and completeness.β–ͺ Reviewed and verified accuracy in employees' expense reports, ensuring adherence to policies before submitting them for payment and reimbursement.β–ͺ Processed monthly withholding tax for three subsidiaries, ensuring accurate calculations and timely remittance to regulatory authorities.β–ͺ Responded to staff inquiries regarding disbursement policies, authority limits, advances, tax waivers, and supporting documentation, fostering clarity and compliance.β–ͺ Assisted the treasury department in processing bank transfers and efficiently negotiated foreign currency for bank payments, contributing to effective financial transactions.β–ͺ Conducted continuous reconciliation of accounts payable outstanding balances in the general ledger, ensuring alignment with financial records.
  • Equity Bank Limited
    Senior Accountant – Accounts Payable
    Equity Bank Limited Jan 2015 - Mar 2019
    π‘²π’†π’š π‘ͺπ’π’π’•π’“π’Šπ’ƒπ’–π’•π’Šπ’π’π’”β€’ Developed and implemented optimized accounts payable procedures that safeguarded the company's financial data, ensuring accuracy and compliance.β–ͺ Created and fostered a positive work environment within the accounts payable team, promoting collaboration, productivity, and a culture of excellence.β–ͺ Posted payments in real-time in the system, contributing to efficient and timely financial transactions, and maintained organized filing of relevant documents.β–ͺ Monitored accounts to ensure payments were up to date by promptly applying bills in the system and sending payment remittance slips to vendors, enhancing transparency and vendor relationships.β–ͺ Reconciled the accounts payable ledger, ensuring meticulous accounting for bills and payments and accurate posting of financial transactions.β–ͺ Verified and investigated discrepancies by reconciling vendor accounts and monthly vendor statements, proactively addressing issues and maintaining accurate financial records.β–ͺ Assisted with month-end closing routines, providing supporting documentation for audit exercises, contributing to a smooth and efficient audit process.β–ͺ Gathered, analyzed, and interpreted relevant financial data in collaboration with internal departments, contributing to informed decision-making and financial planning.
  • Equity Bank Limited
    Accounts Payable Accountant
    Equity Bank Limited Sep 2012 - Jan 2015
    π‘²π’†π’š π‘ͺπ’π’π’•π’“π’Šπ’ƒπ’–π’•π’Šπ’π’π’”β€’ Reconciled bank statements, ensuring precision and reliability in financial records. Maintained organized copies of vouchers, invoices, and correspondence for audit purposes.β€’ Acknowledged and responded to queries from internal and external auditors, staff, and suppliers promptly, demonstrating a commitment to transparency and accountability.β€’ Reviewed invoices and requisitions, ensuring satisfactory payment approval procedures were followed, contributing to accurate financial transactions.β€’ Ensured timely reporting of payment activities by consistently updating payable status on a weekly, monthly, quarterly, and annual basis. This proactive approach facilitated accurate financial reporting.β€’ Supported budgeting and cash flow management by preparing both creditor and accrual lists in a timely manner. This assistance contributed to effective financial planning and resource allocation.β€’ Maintained company ledgers and financial transactions by updating financial records and summaries. β€’ Ensured accurate and up-to-date financial information for internal analysis and external reporting.β€’ Performed cost tracking activities, contributing to a comprehensive understanding of financial expenditures and enabling better cost management strategies.
  • Ernst & Young Global Consulting Services
    Audit Intern
    Ernst & Young Global Consulting Services Sep 2011 - Feb 2012
    π‘²π’†π’š π‘ͺπ’π’π’•π’“π’Šπ’ƒπ’–π’•π’Šπ’π’π’”β€’ Conducted vouching and verification of client’s records with meticulous detail.β€’ Prepared audit working papers and files, ensuring they met stringent quality criteria.β€’ Prepared the audit management letter, demonstrating clear communication and comprehensive documentation. Submitted it to the audit manager for review, contributing to transparent reporting.β€’ Evaluated client’s internal systems and operations, providing valuable insights.β€’ Reviewed clients’ compliance with policies and procedures. Assisted in preparing reports highlighting internal control weaknesses, contributing to enhanced organizational governance.β€’ Assisted the audit team in verifying stocks held by the client across different locations. Demonstrated collaboration and attention to detail in ensuring accurate audit procedures.

Maureen Njoki Education Details

Frequently Asked Questions about Maureen Njoki

What company does Maureen Njoki work for?

Maureen Njoki works for Ola Energy Kenya

What is Maureen Njoki's role at the current company?

Maureen Njoki's current role is Bank Reconciliation Accountant.

What schools did Maureen Njoki attend?

Maureen Njoki attended Strathmore University.

Who are Maureen Njoki's colleagues?

Maureen Njoki's colleagues are Hella Ennaifer, Kennedy Mulandi, Fidelis Kimani, Anzime Akinocho, Meryem D., Badreddine G., Damien Tsang.

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