Collins Stephen Wafula

Finance Professional

Nairobi, KE.

About

Accomplished Finance Professional with proven expertise in financial reporting, budgeting, audit, and compliance, consistently delivering strategic financial insights that drive business growth and strengthen internal controls. Skilled in optimizing financial processes, preparing accurate statements, and leveraging data analytics to enhance efficiency, profitability, and regulatory adherence. Adept at collaborating with cross-functional teams to align financial strategy with organizational goals and translate complex data into actionable business recommendations for sustainable success.

Work

Fereji Limited

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Accountant

Nairobi, , Kenya

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Summary

Oversees end-to-end financial operations, including accounts payable, payroll, inventory, and statutory compliance, driving efficiency and strategic financial decision-making for Fereji Limited.

Highlights

Automated financial workflows using Busy Accounting Software, reducing manual errors by 60% and significantly improving data accuracy.

Designed and implemented dynamic Excel dashboards and financial models, cutting reporting turnaround time by 40% and enabling faster management decision-making.

Implemented structured reconciliation templates, reducing account variances by 75% and enhancing audit readiness.

Streamlined accounts payable processes, achieving 95% on-time supplier payments and strengthening vendor relationships.

Designed budget tracking systems that improved departmental cost control and increased financial accountability by 30%.

Tinana Investment

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Accounts Assistant, Hybrid

Nairobi, , Kenya

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Summary

Managed comprehensive accounts payable and receivable operations, financial reconciliations, and statutory compliance, significantly improving cash flow, audit readiness, and financial integrity at Tinana Investment.

Highlights

Ensured 100% compliance with statutory requirements by accurately preparing and submitting PAYE, VAT, NSSF, SHA, and Housing Levy returns, avoiding penalties and audit queries.

Streamlined accounts payable and receivable processes, achieving timely supplier payments and client collections, which improved cash flow and vendor relationships.

Led monthly reconciliations across bank, supplier, customer, and intercompany accounts, reducing variances by over 70% and enhancing audit readiness.

Designed and implemented interactive Excel dashboards, cutting reporting turnaround time by 40% and improving management's decision-making capabilities.

Optimized budget allocation and expenditure tracking, reducing operational variances by 30% and improving financial accountability across departments.

CALISTUS AND COMPANY CONSULTANTS

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Audit Intern

Nairobi, , Kenya

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Summary

Supported audit engagements by assisting in financial statement review, tax compliance, internal control evaluation, and data analysis, ensuring adherence to IFRS and local accounting standards.

Highlights

Assisted in preparing and reviewing financial statements, contributing to accurate audit opinions and ensuring compliance with IFRS and local accounting standards.

Conducted tax compliance reviews and filings, achieving 100% timely submissions and avoiding penalties for clients.

Evaluated internal control systems, identified gaps, and recommended improvements that reduced financial and operational risks for clients.

Analyzed financial data using Excel and QuickBooks, detecting anomalies and ensuring accuracy in high-value transactions.

Coordinated with client finance teams to gather documentation, resolve audit queries, and reduced audit turnaround time, improving client satisfaction.

Education

Chuka University

Chuka, , Kenya
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Bachelor of Science Actuarial Science

Nairobi, , Kenya
Finalizing CPA Section 2

Languages

English

Skills

Risk and Internal Control Management

Account Management

Communication and Reporting

Fleet and Cost Control

Analytical and Problem Solving

Budgeting and Forecasting

Leadership and Mentorship

Financial Reporting and Compliance

Advanced Excel

Decision-Making

ERP Systems

Payroll and Staff Incentives