FA. Otip Mary, MSc,

Experience

• 

  Kenindia Assurance Co Ltd

  Jan 2014 - Mar 2014

  Internship

  During my internship, I leveraged my financial skills to assist in the processing of staff allowances and payments.Key Contributions:⦁ Proactively pursued the development and execution of strategic account plans to ensure the achievement of assigned business goals.⦁ Reconciled all Balance Sheets and Income statements. Verified all variances and accruals. ⦁ Analyzed business trends and daily operating controls. Monitored spending versus return and initiated a strict cost containment approach.⦁ Prepared monthly management accounts for assigned clients.⦁ Prepared monthly Cash flow Statements, Trial balances Balance Sheet, and profit and loss Accounts.⦁ Compiled 100% accurate transaction documents. Show less

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  Kenindia Assurance Co Ltd

  Jul 2014 - Feb 2024

  Operating as a Finance and Investment Assistant Manager, I bear the full charge and responsibility for the identification, appraisal, structuring, and negotiation of financial sector investments.Key Contributions:•Implementing a well-organized cashflow statement for daily funds allocation to various departments that results in 40% reduction in time while settling obligations.•Establish robust funding strategies to maximize returns, allowing a 100% increase in returns on investments vs. prior year•Negotiate attractive returns with selected counterparties, improving average return on investment by 15%.•Meticulously monitor investments and potential markets, enabling successful acquisition and divestment decisions that generated Ksh 50M profits.•Streamline Treasury & Investment operations to ensure accuracy of financial transactions, resulting in increased operational efficiency by 30%.•Successfully identify and evaluate macroeconomic trends, leveraging statistical analyses to generate Ksh 50M in profitable investment opportunities, surpassing targets by 15%.•Navigate changes in the markets by analyzing asset & market performance trends and adjusting allocations accordingly, leading to a reduction of 20% on risk exposure.•Coordinated with banks and investment brokers to onboard new funds and strategically manage stock trades, leading to 10% reduction in acquisition cost.•Built trusted relationships with various stakeholders & bank to leverage mutually beneficial terms, realizing over Ksh 2M in interest savings.•Develop comprehensive framework to mitigate capital management risks and identify liquidity opportunities, boosting return on investments by 14%.•Perform comprehensive reviews of monthly investment accounts to identify and reconcile discrepancies, resulting in zero errors over 3-month time period.•Compose and maintain records of 10+ Investment Committee meetings minutes, ensuring compliance and security of confidential information by 95%. Show less In this capacity, I worked closely with the global finance team and cross-functional operational teams to deliver all aspects of financial support and administrative coordination for the company's office.Key Contributions:⦁ Streamlined company operations though ascertaining 100% accuracy while dealing with payment transactions; planning, account organization, cash flow monitoring, managing bank accounts, electronic banking, pooling and netting as well as the function of in-house bank.⦁ Sufficed company funds in the various disbursement accounts to fulfil the day- to-day cash requirement.⦁ Authorized the timely deployment of funds for investments to avoid losing out on investments opportunities and earning interest.⦁ Reviewed all bank balances and foreign exchange rates regularly and collaborated with bankers for optimal benefit for Kenindia to ensure upcoming payments are not delayed due to account funding.⦁ Retained the organization's top performance in the market by staying updated with the latest economic trends in the country.⦁ Negotiated optimal returns with respect to fixed income investment securities.⦁ Provided strategic advice and first-level recommendations during discussions in the Investment Committee meetings hence achieving optimal returns for the various clients under the Company’s mandate. Show less As a Finance Officer, I received supplier’s invoices and staff claims via the designated channel and reviewed them to ascertain completeness and accuracy while ensuring all necessary support documents were attached.Key Contributions:⦁ Analyzed and input data accurately in the system befor circulating for approval.⦁ Oversaw the timely processing of payments and wiiring of transfers while ensuring 100% accuracy before disbursing the funds to the designated recipients.⦁ Delivered all relevant information to the auditors in a timely and accurate manner in support of external financial audit process.⦁ Liaised with branch finance officers to ensure that interbranch balances are reconciled every month and necessary adjustments passed to ensure parity of counter party balances.⦁ Posted and processed journal entries to ensure all business transactions are recorded. Show less

  • Assistant Manager Finance and Investments

    Jan 2021 - Feb 2024

  • Investment Assistant

    Jan 2018 - Dec 2020

  • Finance Officer

    Jul 2014 - Dec 2017
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  Cannon Asset Managers (K) Ltd

  Mar 2024 - now

  Investment Analyst

  •Investment Analysis and Reporting: Conduct thorough investment analysis and prepare detailed reports on portfolio performance, influencing strategic decision-making.•Portfolio Management: Manage portfolio accounting and trading systems, ensuring accurate data maintenance and seamless operations across diverse asset classes.•Board Investments Reports : Accurate, timely preparation and submission of quarterly board packs.•Risk Management and Compliance: Implement rigorous risk management strategies, resulting in enhanced portfolio stability and compliance with regulatory requirements.•Cashflow Planning: Develop and implement robust cashflow planning strategies, optimizing liquidity management and supporting operational needs effectively.•Financial Modeling and Forecasting: Develop financial models and conduct forecasting to evaluate investment opportunities and optimize portfolio performance.•Market Research and Insights: Conduct in-depth market research and analysis to identify emerging trends and opportunities, providing actionable insights for investment strategies.•Manage Pricing of Unit Trust Funds: Implement accurate and timely pricing procedures for unit trust funds using the investment management system.•Trade Settlement Issue Resolution: Resolve trade settlement issues promptly across all portfolios, minimizing financial risks and ensuring smooth operations.•Due Diligence and Investment Evaluation: Conduct rigorous due diligence and investment evaluations, identifying high-potential investment opportunities and mitigating risks effectively.•Regulatory Compliance Expertise: Ensure strict adherence to regulatory guidelines and compliance standards, maintaining a flawless track record during audits and inspections.•Client Relationship Management: Foster strong client relationships by delivering personalized investment strategies and achieving client satisfaction through exceptional service. Show less