Stella Mumbi Email & Phone Number

Nairobi County, Kenya

►Spearheaded cash application processes, ensuring accurate allocation of client payments to invoices and resolving billing issues, streamlining Accounts Receivable operations.►Recovered outstanding debt by identifying billing discrepancies through VMS reconciliation, successfully collecting overdue payments from clients.►Managed communication with clients regarding banking updates, invoice corrections, W9 requests, and past-due invoices, significantly reducing payment delays.►Onboarded the organization to new client portals (Coupa, Ariba) and collaborated with Branch Managers for smooth business integration.►Led reconciliation for 84 VMS client accounts across 19 portals (Fieldglass, Beeline, Magnit), addressing discrepancies in billing and payments.►Eliminated $700,000 in unapplied cash by implementing daily reconciliation processes, ensuring ongoing accuracy.►Identified and corrected billing discrepancies (short payments, overpayments, missed hours), improving cash flow.►Trained new team members on VMS processes, serving as a subject matter expert to enhance team efficiency.

𝐊𝐞𝐲 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬:►Preparing 100% accurate payment vouchers as per the invoices, and issuing receipts for revenue collected using Enterprise Resource Planning (ERP) system in compliance with Public Finance Management Act of Kenya.►Maintaining cashflow by performing bank reconciliations against cashbook data using SAGE accounting software and monitoring expenditures to ensure optimal accountability.►Strengthening organization-wide financial management processes by ensuring zero errors in reporting, payroll administration and general bookkeeping.►Providing top-flight administrative support by preparing imprest warrants for staff's work-related travel activities using the ERP system and maintaining temporary imprest ledgers.►Analyzing and interpreting financial data and procedures, and preparing financial reports to track financial performance.►Tracking, analyzing and reconciling grants expenditure against grants revenue while ensuring accurate, current and compliant financial records.►Assisting with payroll management by analyzing monthly payments of payroll deduction and ensuring they are remitted on time.

𝐊𝐞𝐲 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬:►Bolstered organizational operational synergy by administering financial aspects of contracts, monitoring reports, updating internal files and ensuring 100% statutory compliance with NHIF, NSSF, and KRA.►Developed and implemented standardized best practices by setting, enforcing, and optimizing internal policies to improve responsiveness to business demands as well as evaluate office processes, and suggest improvements.►Grew company revenue by 10% through developing and managing customer care programs to maintain lucrative relationships for sales success.►Managed outstanding creditors' balances by evaluating reports and determining client collection statuses, hence, minimizing the accounts receivables.►Introduced Birthmark Solutions software which ensured efficiency in the issuance of insurance covers to clients.►Increased forecast accuracy by establishing and enforcing internal controls, workflows, and policies for tracking, reconciling, and reporting on accounting activities.►Managed and allocated staff duties and resources to meet daily, monthly, and yearly production goals.

𝐊𝐞𝐲 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬:►Expedited the compilation of general ledger entries on a short schedule with 100% accuracy.►Analyzed accounting information and reconciled financial discrepancies to maintain records integrity and ensure total compliance with the set standards.►Applied proper codes to invoices, files and receipts to keep records organized and easily accessible.►Assisted with filing, data entry and recording of complete financial records and observed strict confidentiality rules to maintain data integrity.

𝐊𝐞𝐲 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬:►Developed and maintained financial analyses, reports and calculations.►Performed data analysis using Microsoft Excel.►Prepared Risk-Based Capital (RBC) reports on monthly and quarterly basis.►Learnt assumption building and modelling of actuarial concepts.►Prepared and managed claims review exercise by supervising 12 casual staff for 30 days.

𝐊𝐞𝐲 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬:►Prepared daily and monthly closings by creating journal entries and reconciling accounts.►Provided journal entries and performed accounting on an accrual basis.►Compiled general ledger entries on a short schedule with 100% accuracy.►Completed daily cash tracking, payroll and wage allocations, budgeting, invoicing, and cash and banking reconciliations.

Master Of Business Administration - Mba, Finance

Diploma In Information Technology

Bachelor Of Science - Bs, Financial Engineering

Financial engineering studies use the principles of applied mathematics to tackle financial issues. It is a multidisciplinary field that.