CPA Edith Koech

CPA Edith Koech

Assistant Accountant | Financial Services

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location of CPA Edith KoechNairobi County, Kenya

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  • Timeline

  • About me

    Executive Customer experince officer at Co-operative Bank of Kenya | CPAK, CX, ATM Reconciliation, Suspense Account Reconciliation

  • Education

    • Keny National Examination Council

      2011 - 2011
      Higher National Diploma in Entrepreneurship
    • Kenya National Examination Council

      2010 - 2010
      Diploma in Purchasing & Supplies Management
    • Egerton University

      2011 - 2015
      B.A Economics & sociology Economics
    • Kenyatta University

      2017 - 2022
      MBA (Finance)
  • Experience

    • Uasin Gishu Youth Bunge Sacco

      Oct 2015 - Mar 2016
      Assistant Accountant | Financial Services

      •Receiving project proposals from members and evaluating for funding.•Posting of imprests issued to the staff and refunds from staff.•Preparation of Imprest surrenders from staff.•Weekly and monthly preparation of bank reconciliations.•Preparation of Payments and monitoring incomes.•Examination of surrenders of expenses from the regional offices.•Coordinated the preparation of the quarterly budget of the fund.•Loan disbursement to members.•Ensuring accuracy of imprest data posted into the system.•Petty cash preparation and administration.•Preparation of final accounts.•Filing tax returns and statutory deductions e.g. NHIF, NSSF for the company. Show less

    • Kapchebet Tea Factory Ltd

      Apr 2016 - Jun 2017
      Assistant Accountant | Cash crop | Manufacturing

      •Drove accounts processes and maintained a receivable register of incoming payments in compliance with financial policies and procedures with a turnover of 1 million per day•Perform day to day financial transactions including verifying, classifying, computing, posting and recording accounts receivable data•Prepare weekly management reports for auction sales (10,000 USD ) and local sales of Ksh. 10 million per week•Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.•Verify discrepancies by and resolve clients’ billing issues•Facilitate swift payment of invoices due to the organization by sending bill reminders and contacting clients with outstanding accounts•Supported management in planning and making financial budgets.•Generate financial statements and reports detailing accounts receivable statusgenerate age analysis; review AR aging to ensure compliance•Prepare and file all tax returns with Kenya Revenue Authority (such as VAT, PAYE, Withholding) and maintain proper documentation for these tax returns;•Ensure other statutory and non-statutory returns such as NSSF, NHIF, HELB, pension/insurance, Sacco payroll deductions etc. are paid on time to the relevant authority. •Assist prepare financial statements such as balance sheet, profit and loss and cash flow statements on a monthly basis.•Maintain petty cash float of Ksh. 200,000 per month and make payments as authorized. Show less

    • Meta Farms Ltd | Homeground Bakery

      Jul 2017 - Apr 2018
      Cost Accountant | FMCG

      •Reduced overhead cost by 20% through price negotiation for raw materials, affordable labor and reducing on bad debts.•Identified profitable business routes (channel of distribution) and reduced fuel cost thus saving the company distribution cost of up to Ksh.100,000 per months•Replaced outsourced services with cost effective inhouse services; reducing cost overheads by 50% band increasing company revenues by 10% •Advising management about cost implications on company’s performance.•Preparation of management accounting reports.•Following up on payments of sales proceeds•Performance other finance actions such as bank reconciliations, receivables & payables processing.•Accumulate and apply overhead costs as generally accepted by accounting principles.•Reviewing standard and actual costs for variances Show less

    • Co-operative Bank of Kenya

      Apr 2018 - now

      •Administered 50 customer per day; answer questions about account types and bank products such as money market accounts shares loans credits cards•Maintained 100% consistence in managing customer’s unissued cards and cheque books and ensuring safe custody of the same•Facilitated over 100 customers’ accounts status and track checks and payments daily•Administered customers who are victims of fraud, theft or identity theft.•Sell banks products and advise bank customers on what products suits their needs well•Balance branch internal suspense accounts. Show less

      • Executive Customer Experience Officer

        Aug 2023 - now
      • Service Desk Officer | Financial Services

        Apr 2019 - Jan 2024
      • Sales and Service Advisor | Financial Services

        Apr 2018 - Apr 2019
  • Licenses & Certifications

    • CISI Qualifications

      CHARTERED INSTITUTE OF SECURITIES AND INVESTMENT
      Jan 2024
    • Transforming Kenya through Productivity & Competitiveness

      EUESA
      Apr 2015
    • Statistical Packages For social Scientists (SPSS)

      EUESA
      Oct 2014
    • QuickBooks Certification

      SmartClick
      Apr 2016
    • Introduction to Teller operations.

      Co-operative Bank of Kenya
      May 2018
    • Auditing and Reporting standards

      KUSCCO - Kenya Union of Savings & Credit Co-operatives Ltd.
      Oct 2015
    • Entrepreneurship

      The Rockefeller Foundation
      Nov 2014
    • CPAK

      ICPAK
      Jun 2015
  • Honors & Awards

    • Awarded to CPA Edith Koech
      Change Management Agent Co-operative Ongata Rongai branch Nov 2020 I spearhead adoption of a new system and ensure that my team seamlessly embrace the change to ensure smooth business continuity