Rita Owiti

Experience

• 

  Community Presbyterian Church-madaraka

  May 2016 - Jul 2016

  Volunteer
• 

  KUSCCO - Kenya Union of Savings & Credit Co-operatives Ltd.

  May 2016 - Jul 2016

  Finance Intern

  • Receipting Cheque from clients, Writing of Cheque to creditors and other stakeholders• Bank reconciliation• Posting transactions in the general ledger and extracting trial balance• Preparing financial statements• Imprest analysis for expenses breakdown• Maintaining staff debtor accounts and statements.

• 

  CMC Motors Group Ltd

  May 2018 - Jul 2018

  Finance Intern

  • Journal entries and transactions processing• General ledger reconciliation and clearing application of entries• International supplier payments and funds purchase- forex hedging• Processing letter of credit and telegraphic transfer• Expense analysis• Assist in preparation of monthly financial reports as assigned.

• 

  Christian Aid

  Aug 2018 - now

  • Optimized Grant Lifecycle Management: Managed high-value grants across regions, ensuring timely and compliant program execution from proposal evaluation to final reporting.• Enhanced Project Efficiency and Compliance: Collaborated with teams to ensure donor regulation compliance, improving project efficiency and adherence to guidelines.• Strengthened Financial Oversight: Provided strategic financial management for complex grant portfolios, improving resource utilization by 20%.• Improved Documentation Processes: Streamlined workflows, cutting project approval time by 25% and improving compliance tracking.• Enhanced Financial Risk Management: Conducted due diligence for 50+ grantees, reducing non-compliance by 30% through risk identification.• Implemented Risk Mitigation Strategies: Developed strategies that improved financial governance and reduced financial exposure by 20%.• Accurate Financial Monitoring: Monitored grant expenditures, addressing discrepancies and improving accuracy by 15%.• Effective Budget Alignment: Led grant budget preparation, improving resource use and decision-making by 10%.• Comprehensive Reporting and Insights: Delivered performance reports, enhancing transparency and decision-making for senior management and donors.• Strengthened Donor Relations: Prepared compliant donor reports, achieving a 95% satisfaction rate and enhancing credibility.• Improved Financial Management: Conducted financial monitoring visits, leading to a 40% improvement in partner financial practices.• Increased Grant Management Efficiency: Managed a grant database, improving tracking and efficiency by 25%.• Built Strong Grantee Relationships: Liaised with 40+ grantees, achieving a 98% satisfaction rate.• Supported Audit Compliance: Ensured timely implementation of audit recommendations, improving compliance by 30%.• Capacity Building Success: Led training programs, improving financial management and compliance by 50%. Show less • Enhanced Budget Planning and Accuracy: Supported budget development and grant management, improving financial forecasts by 20%, resulting in more accurate planning and resource allocation.• Strengthened Financial Reporting and Compliance: Ensured 100% compliance with donor reporting deadlines by managing financial reports, audits, and budgeting.• Capacity Building Impact: Led training on financial monitoring and grant management, improving partner capabilities by 50% and enhancing financial practices and compliance.• Effective Budget Monitoring: Conducted budget variance analysis, reducing variances by 10% and ensuring alignment with project goals.• Timely Financial Reporting: Prepared accurate financial reports in line with donor regulations, ensuring full compliance and smooth financial management.• Effective Internal Systems and Controls: Administered cost-efficient finance systems, streamlining processes and improving program finance operations.• Audit Success and Transparency: Facilitated internal and external audits, achieving a 95% compliance rate and ensuring the prompt implementation of recommendations.• Accurate Financial Processing: Led the timely and accurate processing of financial data, ensuring proper coding and improving documentation and accountability.• Strategic Fundraising Support: Prepared budgets for fundraising initiatives, increasing restricted funding success by 15%.• Mitigated Financial Misuse: Investigated partner misuse of funds, strengthening controls and reducing misuse by 25%.• Statutory Compliance: Ensured correct statutory deductions and timely deposits, safeguarding compliance with government regulations.• Improved Documentation Efficiency: Maintained organized financial records, improving grant management efficiency by 30% and ensuring accurate reconciliation and timely information retrieval. Show less · Enhanced Payment Accuracy and Compliance: Checked and prepared all payment requests, ensuring the accuracy of financial documents and adherence to donor and organizational policies. This contributed to a 100% success rate in disbursing payments with proper documentation, reducing payment errors.· Streamlined Expense Management: Reviewed and processed staff field expense returns and floats, ensuring timely accounting and compliance with the staff expense policy. This improved the efficiency of expense processing and tracking by 30%, reducing delays and discrepancies.· VAT and Invoice Tracking Efficiency: Managed Value Added Tax (VAT) and invoice tracking, improving the accuracy and timeliness of financial reporting and ensuring compliance with local tax regulations.· Effective Petty Cash and Bank Management: Oversaw the petty cash system, implementing stricter documentation and cash flow management processes and maintained accurate cash and bank records.· Timely and Accurate Monthly Reporting: Contributed to the preparation of monthly accounts, ensuring accurate financial data for senior management, which improved decision-making and reduced reporting delays by 15%.· Improved Asset Tracking: Updated and maintained the asset register, ensuring accurate tracking of organizational resources, which led to a 25% reduction in asset mismanagement and loss.· Strengthened Vendor Relations: Managed communication with vendors and ensured timely payments, which enhanced relationships and resulted in a 98% satisfaction rate from third-party partners.· Efficient Procurement Support: Supported the procurement process, including minute-taking and providing financial guidance. This ensured transparent and efficient procurement practices while complying with Christian Aid’s procurement policies. Show less

  • Programme Finance & Grants Officer

    Feb 2019 - now

  • Programme Finance Assistant

    Feb 2019 - Oct 2019

  • Finance Assistant

    Aug 2018 - Jan 2019