Candidate Profile

Career Profile:

Summary of Qualifications

CPA (U) Level 4 (on-going)

Masters In Business Administration  – Makerere University (2013)

Bachelor of Commerce (Finance option) – Makerere University (2006)

Diploma in Business Studies– Makerere University Business School (1999)

Career Highlight

Manager Treasury & Credit Control, NIC General Insurance Co. Ltd, July 2015-to-date.

Deputy Manager Credit Control, NIC Gen. Insurance Co. Ltd, Jan 2013-June 2015.

Senior Accounts Assistant, NIC General Insurance Co. Ltd, Feb. 2010-to-Dec. 2012.

Administrative Accountant, Kanisa Procurement Service, Aug 2007-to-July 2009.

Finance Officer-Credit, Uganda Finance Trust, October 2003 to July 2007.

Accounts Assistant, East African Underwriters, September 2001 to September 2003.

AWARDS,   Best Managers Award, NIC Holdings Limited (2016).

Job Responsibility:

·         Overseeing the functioning of the Treasury Department and Credit Control Unit diligently.

·         Liquidity Management; ensuring adequate liquidity for working capital needs and investing surplus funds for short period.

·         Investment functions; managed all investment portfolio of the company and ensured that maximum income is realized from investments.

·         Corporate Financial management; handling of all financial matters, generation of both external and internal funds for business operations

·         Credit Control Functions; proper management of Accounts Receivables and Payables in a way that adds value to the company in terms of improved cash flow and relationship management which guarantees repeat business due to

·         Manage all cash management functions such as cash concentration, wires, account funding, inter-company cash, inter-company lending, dividends, and capital injections.

·         Oversee banking and financial institution relationships. Negotiate bank and service fees.

·         Ensure compliance with internal controls, policies and procedures. Continuously review, develop and monitor treasury operational policies.

·         Management of cash flows, policies and strategies of corporate finance

·         Ensure large volumes of cash are available to invest, giving better short term investments opportunities.

·         Maintaining good banking relationships and arrangements for short term borrowings and investments.

·         Capital markets and funding management; exploring ways funds are raised to finance the business and on what terms such funding can be acquired and managed.

·         Arranging for Bid Security/Bank Guarantees from banks to facilitate business acquisitions.

·         Management of currency risk and interest rate risk.

·         Monitor daily follow-up of accounts receivables.

·         Ensure adherence to credit guidelines by credit and underwriting officers.

·         Diligently managed the disposal of company fixed assets and claims Salvages.

·         Reduced Debts by 75% to a target Minimum per month and Ensured all receipts and credits are correctly allocated.

·         Established and maintained great client relationships for maximum account performance.

·         Managed customer accounts by ensuring any issues and queries were dealt with professionally and resolved quickly & efficiently ensuring no payment delays.

·         Supervised the performance of the Credit Control unit.

·         Credit Risk assessment, analysis and monitoring.

·         Ensured daily follow-up on accounts receivables.

·         Ensured adherence to credit guidelines by credit and underwriting officers.

·         Maintained accounts receivable and accounts payables.

·         Managed accounting entries (Journal entries and Ledger entries), prepared and maintained books of accounts and management information.

·         Prepared monthly Bank Reconciliation Statements and Debtors’ ledgers.

·         Prepared financial statements and supporting schedules.

·         Ensured effective credit control and monitoring.

·         Reconciled Debtors Accounts and performed Age Analysis.

·         Collected Outstanding premium on a daily basis

·         Ensured that credit guidelines are followed by the underwriting officers.

·         Managed revenue collections and ensuring proper maintenance of books of accounts.

·         Prepared monthly Debtors and Bank Reconciliation statements and staff pay roll.

·         Carried out banking activities on behalf of the company.

·         Filled returns to URA especially PAYE and VAT and NSSF monthly.

·         Monitored budget performance.

·         Prepared periodic financial statements and draft accounts for External Audit.

·         Coordinated year-end financial audit.

·         Maintained petty cash, initiated and processed other payments as per Accounts policy.

·         Carried out Procurement and Administrative duties.

·         Conception, Appraisal, Evaluation and Implementation of business projects

Period:

·         Managed a good quality Loan Portfolio at 97 collection rate with portfolio at risk of 3 %

·         Coordinated SME Loans.

·         Carried-out Credit Risk assessment and Management.

·         Built and managed relationships during identification and mobilization of potential clients.

·         Verified the authenticity of collateral securities pledged.

·         Monitored and recovered loans, and ensured repeat-business for business growth at 60%.

·         Marketed the organization’s products to the customers in a way that benefited both the institution and the customers.

·         Administered and monitored the financial system in for accuracy and timely posting.

·         Maintained the Accounts Payable and Accounts Receivable systems to ensure complete and accurate records of all moneys.

·         Managed employee files and records to ensure accurate payment of benefits and allowances.

·         Controlled the bi-weekly payroll to ensure accurate and timely payment to employees.

·         Provide efficient and effective office management

·         Assisted with preparation of the budget and implementation of financial policies.

·         Establish and maintained cash controls as well as reconciling the general ledger.

·         Prepared and reconcile bank statements

·         Established and maintained supplier accounts, processed supplier invoices in compliance to the purchase order system.

·         Prepared monthly financial statements, income and balance sheet statements.

·         Prepared quarterly reports and report on variances.

·         Assisted with the Annual Audit

·         Ensure transactions are properly recorded and entered into the computerized accounting system.

·         Maintain financial files and records

-Self-management: I have the ability to manage personal reactions and attitude towards responsibility and challenges in work and life, reasonable self -awareness and good planning, time management, ability to think abstractly, problem solving flexibility in changing ambience, ability to adapt to any environment.

-I have Multi-tasking skills that makes me to work and deliver results on various projects at the same time.

-I have excellent communication skills that helps me build and maintain a strong team

-I have team skills that enable me to adopt and function in diverse teams.

-I have the ability to create, and plan for and achieve personal and professional goals to set realist and clearly defined long term and short term goals to focus attention and within a specific time frame tracking progress along with adjusting and adding goals

-I have the ability to communicate, motivate, inspire and build trust among colleagues and ability to lead direct and manage in an efficient way successfully by enabling a group to engage together  in a process of developing sharing and working on an Idea

-I have the capacity to recognize, and respect the beliefs, practices, culture, traditions, principles and traditions of others

Excellent computer skills (MS Word, Excel, PowerPoint, Internet, AIMS).

Head Finance and Administration                                Head  Finance and Accounts

Uganda Baati Ltd                                                         NIC Life Assurance Company Limited

Tel: 0752-816351                                                        Tel: 0705226368/ 0712824098

Email : Lawrence@ubaabi.com                                   Email. iepila@nic.co.ug

Manager Sales

NIC General Insurance Corporation

Tel: 0779828908

Email: denis.okello@nic.co.ug