Naomi Kelvin Mwasele
George Town
Summary
Experienced finance professional with 10 years of expertise in regulatory compliance, risk management, auditing, and accounting in the financial services industry. Skilled at identifying and mitigating risks, ensuring adherence to regulatory standards. Known for collaborative teamwork, delivering results through reliability, adaptability, and strategic problem-solving. Proficient in compliance audits, regulatory reporting, and developing effective compliance programs. Familiar with IFRS and US GAAP accounting standards. Proven track record of building strong client relationships.
Overview
10
10
years of professional experience
6
6
years of post-secondary education
1
1
Certification
Work History
Account Manager
Aon Insurance Managers Cayman Ltd
04.2023 - Current
- Conducting annual KYC checks for Captive Insurance Companies.
- Performing sanctions checks and questionnaires for new onboarding and existing clients.
- Performing KYC on Directors and other key stakeholders for and behalf of clients.
- Screening of service providers prior to authorizing any payments.
- Reviewing clients contracts and procedures in line with the statutory requirements.
- Overseeing corporate and regulatory filing needs.
- Providing accounting and advisory services to a portfolio of captive insurance companies
- Liaising with central services colleagues in the preparation of management and financial statement for client portfolio
Review management and financial reports, forecasts and budgets for accuracy - Coordinate financial statement audits in accordance to IFRS 17 and US GAAP standards
- Preparing board meeting materials and deliver impactful presentations of financial and other relevant information to captive Board of Directors
- Performing Analysis and recommendation on complex financial transactions
- Authorizing and processing captive account transactions
- Analyzing complex financial transactions and make appropriate recommendations
- Managed and build relationships with clients and regulatory agencies. Ensure compliance with local statutory regulations.
- .Liaised with external service providers including investment managers, actuarial consultants and legal counsel.
- Treasury Management
Audit Manager
KPMG Cayman Islands
10.2022 - 03.2023
- Performed risk assessment procedures through sanctions screening and KYC checks on new and existing clients.
- Performed reviewed of clients policies and procedures to assess compliance in line with the regulatory authority.
- Evaluated effectiveness of internal controls by testing key controls across various business units within the organization.
- Recommended changes to management regarding financial operations.
- Implemented risk-based auditing strategies, resulting in better identification of potential internal control issues.
- Identified internal control weaknesses through risk assessment and subsequently recommended and designed effective internal control procedures.
- Reviewed detailed audit work of various insurance and banking structures in line with auditing standards.
- Performed engagement planning including budgeting and resources allocation
- Prepared and reviewed of financial statements and other audit reports in accordance with US GAAP and Internal Financial Reporting Standards (IFRS).
- Managed multiple and complex audit projects.
- Managed client relations including communications with the audit team members
- Organize and coordinate meetings with clients' senior managements team
- Coach and supervise and review work and performance of junior team members.
Audit supervisor
KPMG Cayman Islands
11.2020 - 10.2022
- Identified potential financial risks with thorough analysis and review of company records.
- Conducted comprehensive audits to ensure compliance with financial regulations.
- Communicated with the Audit Manager and Supervisor on audit status
- Kept up-to-date with latest auditing standards, ensuring best practices were adhered to.
- Successfully managed multiple audits concurrently without compromising quality or deadlines.
- Reviewed financial statements for accuracy leading to improved record-keeping practices.
- Prepared and reviewed of financial statements and other audit reports in accordance with US GAAP/IFRS.
Audit Senior/Supervisor
Deloitte Tanzania
02.2015 - 03.2020
- Enhanced financial accuracy by conducting detailed audit procedures.
- Ensured accurate reporting by validating the company's income and expenditures records.
- Assisted in completion of audit jobs from planning stage to finalisation.
- Planned daily task management for evenly distributed workloads among team.
- Developed technical expertise through Continued Professional Development (CPD).
- Supervised and trained junior members of staff in best audit practices.
- Helped with audit management by planning audit timelines, team briefings and audit delivery.
Education
ACCA Qualification - Accounting
Association of Chartered Certified Accountants
United Kingdom 06.2016 - 03.2020
Forensic -
International Institute of Certified Forensic,CFIP
03-2021
Advanced Diploma in Accounting and Business -
Association of Chartered Certified Accountants
United Kingdom 06.2016 - 07.2017
Bachelor of Accounting and Finance - Accounting and Finance
Mzumbe University
Tanzania 11.2009 - 07.2011
Skills
- Internal controls
- Controls tests
- Compliance reviews
- Risk management
- Board Presentations
- US GAAP Accounting
- Account management
- IFRS 17 Knowledge
- Client Relationships
Certification
- ACCA
- Certified Forensic Investigation Professionals (CFIP)
- ACAMS - pursuing
Languages
English
Fluent
Swahili
Fluent
Timeline
Account Manager
Aon Insurance Managers Cayman Ltd
04.2023 - Current
Audit Manager
KPMG Cayman Islands
10.2022 - 03.2023
Audit supervisor
KPMG Cayman Islands
11.2020 - 10.2022
ACCA Qualification - Accounting
Association of Chartered Certified Accountants
06.2016 - 03.2020
Advanced Diploma in Accounting and Business -
Association of Chartered Certified Accountants
06.2016 - 07.2017
Audit Senior/Supervisor
Deloitte Tanzania
02.2015 - 03.2020
Bachelor of Accounting and Finance - Accounting and Finance
Mzumbe University
11.2009 - 07.2011
Forensic -
International Institute of Certified Forensic,CFIP
Professional Trainings/Associations
Member of Cayman Islands Institute of Professional Accountants (CIIPA)
Annual AML and CTF Training
Training facilitated by Aon on an annual basis to all colleagues.
Regulatory Insights Training
Training facilitated by CIMA (Cayman Islands Monetary Authority) sponsored IMAC (Association of Insurance Managers of Cayman) on upcoming regulatory changes.
References
References will be available upon request.
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