CV Profile No.65477

Experience in the following industries :

• Advice, audit, accounting
• Airport and shipping services
• Banking, insurance, finance
• Electricity, water, gas, nuclear, energy

Professional experience

• Head of finance
• Esco Uganda Limited
• 01.2019 - 07.2022
• Manage and improve the financial reporting for the organization providing management accounts by 3rd of each month including review of the chart of accounts monthly. • Organize and execute all audit engagements for both internal and external audit. • Provide financial insight on the cost volume profit analysis of the business identifying the minimum sales required to break even and supported management board to make critical business decisions on closure of branches and product diversification. • Manage the cashflow, receivable management of the company and ensuring it has appropriate treasury controls. Particularly embarked on a debt recovery program by 99.7% from the branches. • Manage and oversee the company's banking and borrowing arrangements which has reduced the business borrowing cost by 40% through utilization of buyer contract financing. • Manage the commodity hedging strategies of the business (cocoa) and currency hedging improving income by slightly over $1.2m in a period of 2 years. • Review of all tax matters for the organization under All Tax heads. • Handle all bank correspondences and queries for support of overdraft and short-term financing associated to contracts. • Contribute and be part of the senior management team discussing confidential and pertinent issues of the business.

• Management Accoutant and Assistant Trader
• Esco Uganda Limited
• 07.2018 - 12.2018
• Applied relevant commodity trading strategies to guide trade positions during various market trends or economic conditions, with introduction of the arbitrage effect on cocoa markets. Analysed commodity portfolio to identify trading opportunities between the london and Newyork futures market through extensive reading of subscribed market reports from Bloomberg, Societe Generale. Collaborated with the Operations teams to handle the physical settlement of commodity, through managing buyer expectations and export teams. Built good business relationships with existing networks and trade partners, particularly buyers from Switzerland and Hong Kong. Gathered and analyzed financial field information for internal use through field visits to inform the costing and pricing of commodities. Led the transition of improved accounting software and prompt financial reporting turnaround.

• Senior Revenue Accountant
• Nation Media Group(NTV, Monitor Newspaper, KFM)
• 01.2017 - 07.2018
• Assisted in the review of customer contracts for partnerships, sponsors for proper revenue recognition in accordance with company policy and revenue recognition accounting standards. • Assisted in the formulation of advertising rates for varying platforms based on trends across the TV & Radio • Working closely and help manage transactions with the billing and sales deal desk teams of over 50 salespeople for the television, radio and newspaper and other stakeholders in the business. • Contributing in the monthly financial close, ensuring accurate and timely recording of transactions and the completeness of financial statements. • Identify and develop best practices and process improvements with continuous visits to Nairobi as a lead on process change and new system adoptions • Led the team in the migration from a manual revenue billing and commission systems to a fully automated SAP ERP system, reducing revenue spillages in the revenue function. • Prepared sales team performance analysis each month for payment of commissions and settling revenue share agreements.

• Property Accountant
• Knight Frank Uganda Limited
• 06.2015 - 12.2016
• • Prepared property monthly management accounts. • Handle all rental billing for tenants across commercial, residential, and retail properties. • Preparation of bank reconciliations for all bank accounts and properties on a weekly basis and make the entries. • Preparation of monthly tax returns and other statutory returns. • Managing fixed assets for the company and making proposals for disposals, acquisition, and depreciation. • Preparation of an electronic and manual asset movement schedule monthly. • Participation in the management of the service charge fund per property • Assist in the audit exercise for preliminary and final engagements. • Review of property performance in cost control and budget reviews with appropriate flexing. • All fixed assets were kept secure by doing periodic verifications and reconciliations.