Viola Buyungo
Mississauga,ON
Summary
Forward-thinking team leader skilled at operating departments efficiently to meet goals. Successful background matching employees with roles for maximum performance. Proactive and hardworking individual focused on continuous operational improvement.
Overview
11
11
years of professional experience
Work History
Finance Manager
Uganda Performing Right Society
01.2020 - 02.2024
- Reviewed documentation and identified financial discrepancies where applicable.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Developed comprehensive financial reports for executive decision-making support.
- Completed filings and upheld strict compliance with regulatory agencies and supervisors.
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Championed best practices in financial management through ongoing training programs for staff members.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Prepared and managed large capital expenditure budgets to effectively handle infrastructure investment and long-term operations.
- Increased profitability by identifying underperforming investments, reallocating resources accordingly.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Forecasted trends and recommended improvements based on financial risk analyses.
Finance Consultant
Uganda Performing Rights Society
01.2019 - 12.2020
- Provided insights on financial health of Uganda Performing Rights Society
- Ensured business meets all its statutory and compliance obligations, including statutory accounting and tax issues
- Kept track of market trends, closure or opening of commercial music users
- Reduced expenses by conducting thorough cost-benefit analyses on various operational aspects.
- Developing relationships with external contacts such as auditors, and other international CMOs, Regulators & Uganda Revenue Authority
- Managing financial accounting, monitoring and reporting systems
- Supported development of long-term financial plans, aligning organizational goals with sustainable growth strategies.
- Managed complex projects from inception through completion, consistently delivering results on time and within budget constraints.
- Produced accurate financial reports to specific deadlines
- Assisted in preparation of annual budgets, ensuring alignment with corporate objectives while maintaining fiscal discipline throughout organization.
- Arranging new sources of finance for a company's debt facilities
- Keeping abreast of changes in financial regulations and legislation
- Trained and coached new employees in company process and procedures.
- Strengthened client relationships by providing timely and insightful financial guidance tailored to their unique needs.
- Led finance team members in achieving departmental goals while fostering collaborative work environment that encouraged professional growth.
- Provided back office services such as accounts payable, collection and payroll
- Streamlined budgeting processes for improved efficiency and accuracy in financial forecasting.
- Helped clients make informed decisions about financial future.
- Educated clients on financial topics and best practices.
Finance Consultant
Waterquip Uganda Limited
01.2019 - 01.2020
- Created long term goals for client
- Developed financial plans for client.
- Monitored financial health of clients
- Created different investment plans for clients
- Prepared financial analysis and reports
- Kept up to date on latest market trends and information
- Developed tax strategy for clients
- Assessed company’s financial status
- Analyzed investment plans
- Sourced and evaluated capital expansion options, including loans and funding
- Forecast revenues and costs and report any discrepancies
- Analyzed market trends and identify risks and opportunities
- Managed all tax payments
- Monitored financial procedures and ensure compliance with law
- Provided solutions and set goals to increase profitability
- Reviewed day-to-day transactions to identify areas of improvement.
Accountant
Kwese Free TV And Kwese Support Services
01.2016 - 01.2019
- Performed full cycle bookkeeping for businesses, including: general journal entries, various report reconciliations
- Prepared monthly accounts receivable /payable and inventory reports
- Prepared special financial reports and overview by collecting and summarizing account information and trends
- Maintained historical records by preparing, sorting and filing documents
- Contributed to team effort by accomplishing related results as needed
- Preparation of Internal and External audit schedules, as well as giving required support to the auditors
- Created and executed a weekly sales volume, payroll and cost of sales reports, as well as generated monthly cost tracking overviews for the companies
- Prepared monthly comparison variance analysis including actual sales and forecasted data
- Identified and troubleshot questionable accounts problems and conducted investigations as needed
- Management of tax reporting and compliance to law and regulations
- Assisted Human Resources in myriad of compensation reporting
- Calculated and processed annually bonus compensation incentive for employees
- Worked closely with VP of Finance and SVP/GM of the companies to create new management assessment tool for P&L and budgeting process
- Got exposure to Finance and accounting globally, on a group level
- Assumed the roles of the Finance Manager (in his absence) for eight months.
Project Accountant and Admininstrator
GIZ (Energy explorer project)
01.2015 - 01.2016
- Enhanced communication between accounting and project management teams with regular financial updates and collaborative meetings.
- Monitored project costs, developed job cost forecasts, managed cash flow and approved invoices for payment.
- Eliminated discrepancies by carefully reviewing budgets to prevent overspending and adhere to financial objectives.
- Increased efficiency of month-end closing procedures through streamlining tasks such as account reconciliations, journal entry preparations, and report generation.
- Assisted in the preparation of comprehensive financial reports for both internal and external stakeholders, providing valuable insights into project performance.
- Ensured consistent application of company expense policies across all project teams by providing training and guidance on proper procedures.
- Read, escalated and reported invoices for projects of varying size and complexity.
- Streamlined invoice processing for timely payments by implementing efficient organizational systems.
- Reduced discrepancies in financial reporting by conducting thorough account reconciliations and adjusting entries as needed.
- Reviewed and approved timesheets for project employees.
- Optimized cash flow management, accurately forecasting project revenues and monitoring fund disbursements.
- Authorized and reviewed funds transfers into and out of project accounts.
- Facilitated a smooth audit process with detailed documentation of project-related transactions, minimizing audit findings and recommendations.
- Assisted in the development of annual operating budgets by gathering historical data, analyzing trends, and collaborating with department heads on projections.
- Drafted, analyzed and submitted numbers in reports for auditors quickly and efficiently.
- Worked with bank finance and completion guarantors to achieve funding goals.
- Identified legal tax savings and recommended ways to improve profits.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Prepared working papers, reports and supporting documentation for audit findings.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
Audit Assistant / Accountant
SK Mugisha & Associates (CPA)
01.2013 - 01.2015
- Executed audit assistant functions by checking accuracy of clients’ accounting systems and procedure.
- Reviewed, assessed and recommended changes in clients’ accounting systems and controls of business unit
- Verified and inspected clients’ accounts receivable and payable ledgers and general ledger for its accuracy
- Checked, inspected and reconciled clients’ bank deposits and payments
- Checked clients’ accounting and databases were updated and functioning properly
- Studied, inspected and assessed, budgets, clients’ balance sheets and other related financial statements and records
- Reviewed and recommend changes in clients’ internal audit controls
- Checked and verified accounting books and records are in conformity with industry practices and corporate policies
- Ensured clients were in compliance of regulatory guidelines and generally accepted auditing standards.
- Completed audits in accordance with regulations and procedures.
- Developed professional relationships with clients, fostering trust and open communication during audit engagements.
- Identified various risks and errors to propose corrective action to decision makers.
- Ensured compliance with regulatory requirements through diligent monitoring of client activities during the audit process.
Education
Masters of Business Administration - Financial Management
Makerere University
Uganda01.2017
Bachelor of Business Administration - Accounting And Finance
Makerere University
Uganda01.2013
Skills
- SAGE, Tally ERP9, Quickbooks, Microsoft Office
- Ability to learn
- Budget Forecasting
- Internal Controls
- Administration
- Financial Management
- Accounting
Professional Course
Certified public Accountant Level3
Areas Of Professional Expertise
- Team Management
- Financial Accounting
- Credit Control
- Debtor Management
- Auditing
- Cash Management
- Tax Accounting
- Risk Management
- Internal controls
- Administration
References
- Ben Mwine, +256772502292, BMwine@econetmedia.com
- Benjamin Mulinda, +256 772 212008, b.mulinda@giz.org
- Steven K Mugisha, +256 772 494546, skmugisha@gmail.co
Languages
English
Native or Bilingual
French
Elementary
Timeline
Finance Manager
Uganda Performing Right Society
01.2020 - 02.2024
Finance Consultant
Uganda Performing Rights Society
01.2019 - 12.2020
Finance Consultant
Waterquip Uganda Limited
01.2019 - 01.2020
Accountant
Kwese Free TV And Kwese Support Services
01.2016 - 01.2019
Project Accountant and Admininstrator
GIZ (Energy explorer project)
01.2015 - 01.2016
Audit Assistant / Accountant
SK Mugisha & Associates (CPA)
01.2013 - 01.2015
Masters of Business Administration - Financial Management
Makerere University
Bachelor of Business Administration - Accounting And Finance
Makerere University
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