Diana Nyaboke Moturi

Part of a 3-person team performing risk-based internal procedures for the Electricity and Petroleum Regulator in Kenya with an estimated income of Kshs.2 billion divided amongst 7 Directorates and Departments. During this period, I took part in:

• Reviewed financial statements for adherence to International Financial Reporting Standards (IFRS) and corporate regulations..
• Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthrough for compliance with documented processes.
• Analyzing the results of the audit and presenting possible solutions for ineffective financial and regulatory practices to management.
• Review of the Authority's' power generation licensing process in line with the recognized risk registers and relevant Acts and Regulations to provide assurance on the level of compliance as well as identification of areas of improvement in the management of the licensing process.
• Review the process of retail tariff setting in line with the relevant Acts and Regulations in order to provide assurance that the implemented internal controls are adequate and that risks are identified in the process and mitigation measures are implemented.
• Review of risk management activities in the Authority to determine the adequacy of the mitigation measures implemented to address weaknesses and threats to the organizations' processes.
• Evaluating the Authority's procedures relating to the management of financial accounts, reporting, payroll, inventory, and tax management and identifying ways to improve the existing policies in the institution with an aim of addressing identified gaps
• Provided ongoing support to management by offering guidance on internal control design and ensuring timely resolution of audit findings.
• Monitoring adherence to various regulatory, legal and company prescribed procedures and internal controls by conducting financial audits
• Review of the automated processes within the Authority's information technology systems, to provide assurance that applicable controls are existing and are being implemented
• Presented clear, concise audit findings to senior management, offering actionable recommendations for improvements.
• Participate in identified committees reviewing energy sector issues to provide input on the possible risks and internal control issues that would affect the energy sector
• Conducting in-depth industry and market research targeting key regulations in the energy sector and assist in the preparation of audit guidelines.

Part of a 3-person team performing risk based internal procedures for a Regulatory Authority with an estimated income of Kshs.2billion divided amongst 7 directorates and departments. During this period, I took part in:

• Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthrough for compliance with documented processes.
• Improved operational efficiency by identifying and addressing financial discrepancies through meticulous examination of financial records.
• Comprehensively trained to conduct all phases of risk based internal audit processes and internal control reviews for the various directorates and departments within the Authority
• Monitored adherence to various regulatory, legal and company prescribed procedures and internal controls by conducting operational audits and reviews of technical and non-technical departments
• Assisted in the development of company policies and procedures, promoting a strong internal control environment.
• Conducted training sessions for staff members on best practices in internal auditing, fostering a culture of continuous improvement.
• Prepared and distributed risk and audit reports to appropriate personnel.
• Participated in special projects as requested by senior leadership, providing subject matter expertise on internal controls and risk management practices.
• Prepared working papers, reports and supporting documentation for audit findings.
• Achieved significant cost savings by identifying inefficiencies in operational procedures and recommending improvements.

Part of a 5-person team supporting total assets of close to Kshs.27 million with multiple projects supporting the 2019 strategic plan for the bank. During this period:

• Review all expenditure reports and input in relevant databases/systems as well as address queries on budget, payment, and deposit-related issues and draft-related correspondence
• Increased the efficiency of expenditure payments by reducing the time taken to process payments from 5 days to 2 days.
• Prepared daily and monthly statutory reports for submission to the relevant authorities to facilitate monitoring and evaluation of our processes.
• Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Assisted executive leadership in making informed decisions by providing reliable financial forecasts based on rigorous analyses.
• Monitored industry trends and competitor performance, informing proactive adjustments in organizational strategies.
• Analyzed business processes to identify cost savings and operational efficiencies.
• Effectively liaised with a large network of local banks, ensuring correct analysis of industry performance, quality data analysis, and review of all banks in the industry.
• Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
• Established strong relationships with key vendors, negotiating favorable terms to benefit the organization''s bottom line.