Augustine Sammy

Experience

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  Aga Khan University Hospital

  Jan 2014 - Apr 2014

  Accountant

  •Collecting, Verifying, sorting, and merging IP and OP invoices daily as per corporate requirements.•Calculating approved discounts as per accounts requirements and discount schedule•Handling claims- this deals with checking the various reasons as to why the claim forms were rejected by the insurance companies. I have been able to note the various reasons and advise the management on the same. As a result, I foresee a reduction in the number of claims.•Liaising with Cashiers, Dispatch team, and Team Leaders to ensure that complete invoices are received from departments and dispatched on a timely basis.•Ensuring accurate and complete invoices with accompanying attachments are dispatched on a timely basis. Show less

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  HOTPOINT APPLIANCES LTD

  Mar 2015 - Jun 2015

  Corporate Sales Administrator

  1. Providing exemplary service to all clients to ensure repeat sales through client satisfaction2. To assist the corporate division with all administrative tasks3. To prepare gate passes and assist corporate showroom client in the absence of sales executives. 4. Receive calls and take messages for the corporate division5. Deliver and collect tender documents6. Collect cheques from clients once they are ready7. Maintain neat organized filling for all important documents8. Follow up and arrange for deliveries when required9. To adhere to and uphold Hotpoint’s core values Show less

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  Hotpoint Appliances Limited

  Feb 2016 - Dec 2024

  Key Responsibilities:• Identify and assess key business risks across departments.• Conduct control testing procedures to ensure compliance with internal policies and regulatoryrequirements.• Recommend process enhancements to improve operational efficiency and reduce costs.• Lead financial audits, ensuring proper vendor payments and fraud detection.• Conduct staff training on internal control procedures.• Monitor the implementation of audit recommendations to ensure corrective actions are taken.Key Achievements:• Reduced audit cycle time by 15% through improved risk assessment methods.• Achieved a 95% compliance rate with internal policies and regulatory requirements.• Recommended process improvements that led to a 30% reduction in operational costs.• Recovered over Ksh5,500,000 in overcharged vendor payments through financial audits.• Contributed to a 40% decrease in control-related incidents by training staff on internal controlprocedures.• Achieved a 90% closure rate on audit recommendations within agreed timelines. Show less Key Responsibilities:• Conduct monthly bank reconciliations to ensure accurate financial records.• Implement vendor performance metrics and conduct supplier audits.• Ensure compliance with treasury regulatory requirements.• Perform fixed asset audits to identify and address discrepancies.• Develop and implement treasury risk management policies.Key Achievements:• Achieved zero discrepancies in monthly bank reconciliations.• Reduced late payment penalties by 15% through supplier audits and improved vendorperformance metrics.• Ensured full regulatory compliance, avoiding penalties and legal issues.• Reduced asset misappropriation incidents by 20% through periodic fixed asset audits.• Minimized exposure to currency fluctuations and interest rate risks by 30% through riskmanagement policies. Show less Key Responsibilities:• Manage client accounts and ensure timely collection of outstanding payments.• Conduct credit reviews and maintain customer credit rating systems.• Monitor and reduce outstanding account balances.• Resolve billing disputes and improve invoice processing.• Process daily cash receipts and ensure accuracy in financial records.• Perform reconciliations between the accounts receivable sub-ledger and general ledger.Achievements:• Maintained a 95%+ collection rate each month for a portfolio of 150+ client accounts.• Minimized delinquent accounts by implementing an effective credit rating system.• Reduced days sales outstanding (DSO) from 45 to 30 days through better accounts receivablemanagement.• Improved customer satisfaction by cutting dispute resolution time by 20%.• Achieved a 98% accuracy rate in cash application.• Ensured 100% accuracy in accounts reconciliation, maintaining compliance with accountingstandards.• Reduced invoice processing time by 30% by introducing electronic invoicing solutions. Show less

  • Internal Audit Executive

    Feb 2023 - Dec 2024

  • Cash & Bank Accountant

    Jun 2016 - Feb 2023

  • Accounts Receivable associate

    Feb 2016 - Jun 2016
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  Keda Ceramics International Limited

  Dec 2024 - now

  Internal Audit Supervisor

  • Conduct anti-fraud audits, investigating whistleblower information and fraud risk assessments.• Perform sales audits and reconciliations for over 200+ customers to ensure accuracy and resolvediscrepancies.• Execute procurement audits, verifying supplier reconciliations, market evaluations, andprocurement-related reports.• Manage inventory audits, ensuring compliance with monthly and daily inventory checks.• Verify the authenticity and accuracy of cost records, including advertising and transportationexpenses.• Design and conduct anti-fraud and integrity training programs for staff.Achievements:• Detected and prevented over 10+ potential fraud cases through comprehensive audits andinvestigations.• Ensured 100% accuracy in sales audits, resolving discrepancies promptly.• Strengthened procurement controls, reducing risks related to supplier transactions.• Improved inventory accuracy by enforcing systematic audits and compliance checks.• Enhanced financial integrity by ensuring cost records were verified and properly documented.• Increased staff awareness and compliance with fraud prevention policies through effectivetraining programs. Show less