Fund Accountant (Worked remotely)
Kuramo Capital Management
Total des années d'expérience :12 years, 1 Mois
• Reviewed and uploaded monthly portfolio companies’ operating and reporting data for accountability to the investors.
• Assisted in processing capital activity transactions in the shadow accounting system (Backstop) every month as part of internal control.
• Initiated payments for the various Kuramo entities and reconciled creditors every month.
• Maintained expense reimbursement files for Kuramo Capital Management, LLC for accountability.
• Assisted in the quarterly financial statement process, including preparation of journal entries and reviewed financial statements for validity, completeness and authorisation.
• Supported the operations team with ad hoc special projects as and when requested which improved their job efficiency.
• Advised formulation of a proper audit trail from purchase of donor funded agricultural inputs to delivery of those inputs to intended beneficiaries (i.e. farmers).
• Achieved in identifying internal control weaknesses, risks and recommendations from the operations and reporting these in management reports.
• Improved internal controls that deter, detect and prevent fraud.
• Achieved in doing computations of key ratios for business analysis in receivables used for board meetings.
• Recommended the entity’s staff to negotiate payment plans with long outstanding debtors, contributing to 50%+ reduction in receivables balance.
• Reviewed branches’ monthly reconciliations for preparation, review and authenticity of reconciling items.
• Achieved in checking for authorisation and supporting documents for validity and occurrence of transactions of the entity.
• Cash management controls such as, isolation of responsibility in cash handling, surprise cash counts, timely banking (if necessary).
• Liaised with external auditors and lawyers in providing information required in implementing their work efficiently.
• Created live summarised management accounts reports in excel used for business analysis for Deloitte Central Africa.
• Improved preparation of fixed assets schedules in the accounting department.
• Achieved preparation of budgets and performance of time analysis and variance analysis.
• Prepared audit planning documents in response to audit risks identified which contributed to a clear audit map. (Audit Strategy)
• Coached, supervised and reviewed subordinates on assignments to ensure implementation of audit plan which edified in the development of junior staff. (Quality control)
• Maintained constant communication with the audit’s (i.e. Partner) and client’s (i.e. Director) highest level of management for work progress updates to minimise deadline stress. (Practise management).
• Ensured that financial statements prepared by clients agree to audited figures and comply with International Financial Reporting Standards and the Companies’ Act in all material aspects.
• Prepared management reports and highlights memorandum to the attention of clients’ management for areas that needed to be addressed.
• Assisted in reducing time spent on planning of audit engagements and devising an audit strategy in responsive to audit risk level.
• Achieved in testing the design and implementation of the internal control systems of an entity and making possible recommendations where control deficiencies have been identified.
• Provided guidance on the performance of substantive tests in accordance with relevant International Standards on Auditing to audit juniors and the review of their work thereof.
• Achieved in reviewing client’s tax computations (both current & deferred taxation).
• Performed substantive analytical reviews using ratios, key factors and key relationships.
• Achieved in doing small, medium and large sections of both balance sheet and income statement paying close attention to the quality of work in accordance with the relevant International Financial Reporting Standards.
None
