Paul Wamala (ACCA)

PAUL WAMALA (ACCA)

P.O.BOX **7, Kampala Uganda,

M: +256-***-******,

Email: acxrsl@r.postjobfree.com

PERSONAL SUMMARY:

Currently am looking for a suitable position that offers variety and also opportunities to develop both personally and professionally. Seasoned Chartered Accountant with solid and progressive experience in all aspects of audit and assurance, financial accounting and financial management. A result driven, self- motivated and resourceful financial manager with a proven ability to provide key financial data, support and reporting to assist in key business decisions. Highly adept in streamlining financial processes, enhancing productivity levels and introducing process improvements. I take pride in delivering to and above expectation and always strive to give my best. Core Competencies and strength

Financial analysis & Reporting Cash flow Management

Financial management & Accounting Budget management & Forecasting

Asset management & Investment management Treasury management

Corporate and Investment Finance Portfolio valuation Employment History:

Employer Position Year

Aon Uganda Ltd Senior Accountant Jan 2015 to Date

Prepared monthly management accounts with commentary,annual statutory financial statements and board packs;

Led the month-end and year-end closure processes;

Performed monthly revenue forecasts and analytical review of the balance sheet;

Led the annual budgeting and business planning process;

Reviewed and documented month end fiduciary and non fiduciary reconciliation statements;

Prepared audit perquisites for the external auditors and for the regulatory authorities;

Monitored financial control systems;

Notable achievements:

Reduced accounts receivable DSO by over 100% which lead to improved liquidity positions.

Re-negotiated contracts with various suppliers and cut operational costs by 15%. Employer Position Year

Aon Uganda Ltd Fund Accountant Jan 2015 to Date

Supervised monthly, quarterly net asset valuations and fund administration functions for five funds with a net worth over $5 million under management.

Reviewed financial reports and profit allocation statements of “net asset value”

Maintained contact with investment managers and custodians;

Reviewed Umbrella funds and pension fund accounts for various organisations;

Trained and supported new staff members in their development;

Prepared portfolio valuations for money markets, treasury bills, treasury bonds and share valuations;

Managed relationships with CPA firm for annual audit and tax engagements; Employer Position Year

Bank Of Africa Uganda Ltd Senior Financial Accountant Jan 2009 to Jan 2015

Prepared monthly management accounts with commentary, cost of fund, yield computation;

Prepared monthly analytical reviews of the balance sheet and the Profit and Loss;

Prepared the annual budget and ensured spending is kept within budgeted limits;

Ensured compliance to the Central Bank of Uganda on all financial reporting requirements;

Reviewed the bank reconciliations of all the operational bank accounts

Prepared audit requisite schedules for the external and Internal auditors; Paul Wamala (ACCA)

Preformed financial forecasts for the bank’s ALCO monthly report;

Reviewed the fixed asset register and ensured that all are properly recorded in the general ledger; Notable achievements:

Initiated the cost cut strategy of externalising foreign cash and reduced the turnaround time to 2 day.

Improved statutory reporting and automated all the 21 reports to Central Bank using the MIS. Employer Position Year

UAE Exchange (U) Ltd Accounts Manager Uganda Operations Aug 2007 to Jan 2009

Prepared annual financial statements in accordance with IFRS;

Reviewed the fixed assets register, prepayments, receivables and accruals;

Reviewed bank reconciliations of all the operational bank accounts;

Liaised with the internal and external auditors on audit completion; Notable achievements:

Spearheaded the development of the account department in Uganda;

Improved the liquidity position and working capital positions by 25%;

Negotiated contracts with various vendors and improved supplier’s payment turnaround time Employer Position Year

Price and King (CPA) Senior Audit Associate Jan 2005 to June 2007

Provided business advisory to public and private companies, primarily donor funded projects, financial services and manufacturing Sectors;

Planed audit assignment and understood the client’s accounting and internal control;

Carried out substantive tests of the various components of the financial statements;

Reviewed work to ensure compliance with quality audit standards and procedures;

Decided on the audit strategy on the priority areas and identified associated risks during the audit fieldwork;

Identified potential needs with clients during the audit and advised clients on the best way how to prepare of financial statements in accordance with IFRS. Education & Certifications:

Chartered Accountant (ACCA (UK) Membership No. 0757411)

Bachelor of Business Administration (Accounting); Makerere University Business School REFERENCES:

1. Mr. Onebe Francis

Managing Partner,

Price and King,

P.O.BOX 34110,Kampala.

Mobile: +256-***-******

Email:acxrsl@r.postjobfree.com

2. Mr. Brian Amanyire Collins,

Head of Finance,

Bank of Africa Uganda Limited

P. O. Box 2750 Kampala

Mobile: +256-*********

Email:acxrsl@r.postjobfree.com

3. Mr. Oola Richard,

Manager Credit Evaluation,

Stanbic Bank Uganda Ltd,

P.o.Box 7131, Kampala.

Mobile:+256-*********

Email: acxrsl@r.postjobfree.com

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