Eugene John Sambonanga

• Increased financial efficiency by implementing cost-saving measures and streamlining budgetary processes.
• Managed financial reporting for accurate decision-making and strategic planning.
• Developed and maintained financial policies to ensure compliance with regulations and best practices.
• Coordinated with Program departments to develop annual budgets, monitoring expenditures throughout the year.
• Managed payroll operations, ensuring accurate calculations and timely disbursements for all employees as well as all statutory deductions
• Implemented a new expense tracking system to improve transparency and accountability in spending practices.
• Collaborated closely with external auditors during annual reviews, facilitating a smooth audit process each year.
• Boosted internal controls by conducting risk assessments and implementing appropriate mitigation strategies.
• Played an integral role in long-term strategic planning efforts, using financial modeling techniques to project future performance accurately.
• Analyzed budgets, forecasts and current trends to support overall financial operations.
• Reconciled accounts and investigated variances.
• Produced reports outlining latest financial information such as expenses, income and outstanding balances.
• Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
• Utilized financial software to prepare consolidated financial statements.
• Complied with established internal controls and policies.
• Established and checked coding procedures, monitored reports and updated internal files.

Key Deliverables:

• Reviewed and consolidated monthly financial reports for accuracy, expense allocation and ensure all transactions are adequately supported, documented, and recorded properly
• Improved project budget accuracy by diligently tracking expenses and regularly updating financial forecasts.
• Streamlined invoice processing for timely payments by implementing efficient organizational systems.
• Enhanced communication between accounting and project management teams with regular financial updates and collaborative meetings.
• Ensured compliance with accounting standards and regulations through meticulous record-keeping and documentation practices.
• Increased efficiency of month-end closing procedures through streamlining tasks such as account reconciliations, journal entry preparations, and report generation.

Key Deliverables:

• Prepared monthly, quarterly and annual financial reports and ensured accurate financial reporting with regular account reconciliation and data verification
• Ensured compliance with all statutory, donors and organization requirements
• Maintain the use of accounting package – quick books in preparation of financial reports
• Enhanced cost tracking by conducting thorough project budget analysis and monitoring expenses.
• Improved cash flow management, utilizing effective forecasting methods for revenue projection.
• Collaborated with project managers to develop comprehensive budgets and monitor spending trends.
• Assisted in the successful completion of projects by providing timely financial insights and recommendations.
• Optimized internal controls, developing robust policies and procedures to safeguard organization assets.
• Strengthened compliance with regulatory requirements, staying up-to-date on standards, regulations and best practices.

Key Deliverables:

• Ensured compliance with procurement policies and guidelines of the institution
• Prepared payroll and ensure that all payments are made on time and compliance with all statutory rules and regulations are adhered strictly
• Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
• Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
• Conducted thorough internal audits to identify discrepancies, recommend corrective actions, and ensure adherence to established policies and procedures.
• Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
• Assisted in the development of financial forecasts based on historical trends and current market conditions, supporting strategic planning initiatives within the organization.
• Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
• Reconciled accounts and reviewed expense data, net worth, and assets.