Ismail Owino

Experience

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  Tulips Collections Ltd

  Jan 2010 - Jun 2011

  Accountant

  Responsible for the full accounting cycle function of the company,Preparation of Management accounts,Stock taking and valuation,payroll administration,accounts payables and receivables.

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  Edible Oil Products Ltd

  Jun 2013 - Feb 2015

  Accountant

  I successfully handled the Accounts Payable portfolio by:• Verifying vendor accounts by reconciling monthly statements and related transactions.• Reconciled Purchase Orders (POs) to produce accurate inventory reports.• Chased missing transactions to help facilitate timely payments.• Assisted with receiving, processing and verifying all invoices related to accounts payables.• Managed accounts coded log process, setting up new account codes in line with activity and VAT category within service standards.• Raised and distributed credits due to customers, strictly following established authorization procedures.• Value Added Tax preparation and submitting the return to KRA and also maintenance and reconciliation of the Vat Control A/C. Show less

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  MARHAB FOUNDATION

  Mar 2015 - Aug 2015

  Accountant

  •I was tasked with the overall operational and management functions of the accounting department•I prepared, submitted & filed financial statements and also ensured all taxation matters are complied with•Recording of donor aid received and allocating to the various projects•Payroll administration and ensuring all statutory deductions are deducted and submitted by due date

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  Maahad Daawah Organization & Alfurqan Training Institute

  Sept 2015 - Feb 2023

  Administrative Assistant/Accountant

  •Effectively handled AP/AR of the organization for efficient cash-flow management.•Prepared audit files for internal and external auditors and ensured that all financial documents are reviewed and availed when needed.•Payroll administration and ensuring all statutory deductions are deducted and submitted by due date avoiding any penalties.•Ensured the books and accounting records of the organization are prepared and applied according to GAAP and IFRS.•Prepared financial statements, reports, final accounts and annual closings as well as reporting all accounting activities.•Conclusively handled and settled Tax compliance queries with KRA. •Promptly receipted and recorded donations . Collaboratively handled Special Projects management and cost analysis. Show less

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  Yaseen Consulting

  Mar 2023 - now

  Accountant

  •Accurately perform daily cash functions, including A/P and A/R tracking, budgeting, payroll transactions, expense management and various reconciliations.•Draft and generate periodic profit and loss reports to analyse trends,project future changes and detail company revenues and expenses.•Prepare,manage and submit VAT returns and various Withholding taxes to KRA by the due dates to avoid penalties.•Post journal and ledger entries, prepare financial statements and reports and close books.•Update general, sales and purchasing ledgers on schedule and verify information against documentation.•Compile financial information, figures and forecasts for budgetary decision-making.•Calculate,prepare and file payroll taxes for clients.•Report on operating income, expenses against budgets and forecasted trends.•Generate financial statements documenting revenue, expenses and liabilities.•Maintain updated chart of accounts following correct procedures and including current, accurate details.•Recommend strategies for optimizing taxation and minimizing liabilities in future tax periods.•Review financial statements and tax audits in detail to identify and correct discrepancies. Show less

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  ELLE LOGISTICS CO.LTD & SALADIN CONSULTING LTD

  Feb 2024 - May 2024

  Accountant

  •Accurately performed daily cash functions, including A/P and A/R tracking, budgeting, payroll transactions, expense management and various reconciliations.•Used QuickBooks Online accounting software to perform bookkeeping, invoicing and bank reconciliations.•Drafted and generated periodic profit and loss reports to analyse trends,project future changes and detail company revenues and expenses.•Coordinated month-end closing processes to ensure completion ahead of aggressive deadlines.•Kept up-to-date with regulatory reporting requirements from KRA,& EPRA verifying compliance in alignment with changes.•Communicated with internal and external auditors to coordinate scheduled audits and compliance reviews.•Post journal and ledger entries, prepare financial statements and reports and closed books. Show less

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  Center For Sustainable Conflict Resolution(CSCR)

  Aug 2024 - now

  Finance & Accounts Officer

  Financial Record-Keeping:• Maintain accurate and up-to-date financial records, including ledgers, journals, and bank reconciliations.• Manage accounts payable and receivable, ensuring timely payments and collections.Financial Reporting:• Prepare monthly, quarterly, and annual financial statements.• Provide detailed financial reports to management, highlighting key financial metrics, budget variances, and recommendations.• Prepare financial statements for the periodic projects, satisfactory to the donor conditions and requirements.Budget Management:• Assist in the preparation and monitoring of the annual budget.• Track expenses against budgets, ensuring compliance with approved financial plans.• Report any significant variances and provide analysis to support decision-making.• Monitor implementation of projects to ensure financial compliance as the required donor funding.Tax Compliance:• Prepare and file tax returns, ensuring compliance with local and international tax regulations.• Stay updated on tax laws and regulations, advising management on any changes that may impact the organization.Audit Support:• Coordinate and support internal and external audits.• Prepare audit schedules, provide necessary documentation, and respond to audit queries.Internal Controls:• Implement and maintain internal financial controls and procedures.• Ensure all financial transactions are conducted in accordance with organizational policies and procedures.• Advise in improving organizational financial policyCash Flow Management:• Monitor cash flow, ensuring the organization has adequate funds to meet its obligations.• Prepare cash flow forecasts to support financial planning.Payroll Management:• Oversee payroll processing, ensuring accurate and timely payment of salaries and benefits.• Ensure compliance with statutory deductions and remittances.Supervision of Junior Accounts Officer: Show less