Asimwe Mukoyogo
Dar Es Salaam
Summary
Finance professional prepared for advanced managerial responsibilities. Demonstrates strong financial analysis and reporting, budgeting, and strategic planning skills. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings.
Known for fostering team collaboration and consistently achieving results. Adaptable to changing needs with focus on delivering impactful financial solutions. Highly dependable and proficient in optimizing financial performance and driving business growth.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Cluster Finance Manager
Smollan Tanzania
08.2021 - Current
- Reduced operational costs through effective budget management and expense tracking.
- Increased profitability with cost-saving initiatives and process improvements across departments.
- Ensured compliance with regulatory requirements through timely tax filings, audits, and internal controls implementation.
- Contributed significantly to annual budget planning exercises, collaborating with various stakeholders to develop realistic targets aligned with organizational objectives.
- Trained team members on best practices in financial management, enhancing their skills and contributing to the efficient functioning of the finance department.
- Optimized resource allocation by closely monitoring departmental budgets and reallocating funds when necessary for maximum impact.
- Supported business expansion by providing accurate financial forecasts and analyzing growth opportunities.
- Improved cash flow by optimizing working capital strategies and implementing stringent credit control measures.
- Reviewed documentation and identified financial discrepancies where applicable.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- 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.
- 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.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
Financial Controller
Hesu Investment Ltd
05.2021 - 08.2021
- Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements.
- Managed payroll data entry and processing for employees to comply with predetermined company guidelines.
- Planned budgets, authorized expenditures, monitored accounting processes, established service rates and coordinated financial reporting to oversee all fiscal procedures.
- Ensured compliance with regulatory requirements by conducting thorough internal audits and implementing necessary corrective actions.
- Enhanced cash flow management with timely accounts receivable monitoring and collections efforts.
- Prepared balance sheets, cash flow reports and income statements.
Financial Controller
Alistair James Company
01.2019 - 12.2020
- Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for Tanzania and Mauritius Entities.
- Accurately completed financial statement audits and thoroughly reviewed results.
- Managed daily financial functions in collaboration with shared services( Payable and Receivables) to ensure that all AR and AP invoices are raise and posted accurately and on time for smooth month end processes.
- Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
- Collaborated closely with department heads to establish accurate budgets and monitor performance against targets.
- Ensured compliance with regulatory requirements by conducting thorough internal audits and implementing necessary corrective actions.
- Optimized working capital availability by proactively managing accounts receivable balances, vendor payment terms negotiation.
- Prepared balance sheets, cash flow reports and income statements.
- Completed journal entries, reconciliations, and account analysis to prepare financial documents and general account management.
Accounts Payable Lead
Alistair James Company
01.2018 - 12.2018
- Supervision of Accounts Payable associates. This is to ensure they that AP team perform their duties and that all the transactions are posted and reconciled on a daily basis
- Achieved cost savings by negotiating favorable contract terms with suppliers and service providers.
- Enhanced vendor relationships through timely and accurate payment processing, improving communication and trust.
- Responsible for accounts payable month end procedures, that is to ensure all accruals and prepayment schedule are prepared and posted, all invoices are posted and Bank Reconciliations are prepared for the whole group
- Increased compliance with internal controls by providing regular training to Accounts Payable team members on company policies and procedures.
- Assisted in budget preparation by providing detailed reports on expenses incurred during prior periods for comparison purposes.
- Improved cash flow management by monitoring outstanding vendor balances and prioritizing payments based on due dates
- Maintained organized filing systems for all Accounts Payable documentation, allowing for easy retrieval during audits or reviews as needed.
- Maintaining Inter Company Balances and reconciliations.
- Managed audits and updated financial records with remarkable accuracy.
General and Accounts Payable Accountant
Alistair James Company
05.2016 - 12.2017
- Ensured accurate expense allocation with diligent review of invoices for proper general ledger coding.
- Facilitated audits by ensuring availability of appropriate documentation, leading to smoother audit processes and minimal findings.
- Created, balanced and maintained prepaid, fixed assets.
- Optimized cash flow management by scheduling payments based on priority and cash availability.
- Maintained up-to-date vendor files and payment records, ensuring audit compliance.
- Contributed to budget management by monitoring expenditures and reporting significant variances.
- Ensured compliance with tax laws by accurately processing tax documents and withholdings for vendors.
- Posting of vendor invoices in SAP .
Accounts Payable Accountant
Helios Towers Tanzania Ltd
02.2014 - 04.2016
- Balanced accounts associated with accounts payable process( Creditors, Bank, Accruals, Prepayments and Tax accounts)
- Preparation of Monthly Cash Flow forecast
- Capex budget spending analysis against Purchase order committed.
- Streamlined month-end closing processes through reconciliation of General ledgers
- Loading of suppliers’ information into online banking platform to ensure timely payment of suppliers and communicate with our bankers for any payments stuck at bank.
- Make payments and file returns of all statutory requirements such as VAT, Corporate Tax, and Withholding Tax and Stamp duty.
Education
Bachelor of Science - Accounting And Finance
Ardhi University
Dar Es Salaam, TanzaniaMaster of Science - Finance And Investment
Institute of Finance Management
Dar Es Salaam, Tanzania11-2019
Skills
- Financial reporting and analysis
- Accounts payable and receivable Management
- Fixed asset management
- Working capital management and Cash flow analysis
- Budget preparation and analysis
- Treasury Management
- People Management
- Taxation
- Microsoft Office ( Excel, Word, Powerpoint, Power BI and Outlook
- Well conversant with Accounting Packages such as SAP, Sage X3 and Quick Books
Certification
- Certified Public Accountant (CPA) - National Board of Accountants and Auditors ( NBAA)
References
1. Name: Warren Brett
Company: Smollan Group
Position: General Manager Gulf & CEO Pakistan
Email: warren.brett@smollan.com
Mobile Phone: +971 52 170 8792
2. Name: Charity Mwakio
Company: Irvines Tanzania Ltd
Position: Chief Finance Officer
Email: charity@irvines.co.tz
Mobile Phone: +255 767266811
Languages
English
Bilingual or Proficient (C2)
Swahili
Bilingual or Proficient (C2)
Accomplishments
1. Successful TRA Audit of which i managed to reduce the Tax liability established from over 700mil to below 100mil .
Software
SAP
Sage X3
Quick Books
Microsoft Office
Timeline
Cluster Finance Manager
Smollan Tanzania
08.2021 - Current
Financial Controller
Hesu Investment Ltd
05.2021 - 08.2021
Financial Controller
Alistair James Company
01.2019 - 12.2020
Accounts Payable Lead
Alistair James Company
01.2018 - 12.2018
General and Accounts Payable Accountant
Alistair James Company
05.2016 - 12.2017
Accounts Payable Accountant
Helios Towers Tanzania Ltd
02.2014 - 04.2016
Bachelor of Science - Accounting And Finance
Ardhi University
Master of Science - Finance And Investment
Institute of Finance Management
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