LUNGAISA OMARY

• Plan, develop, coordinate and manage all business operations to achieve corporate goals.
• Develop and implement business plan for profitability.
• Preparation of budget and expense management activities.
• Preparation of Financial Statements and all supporting schedules in accordance with the Accounting Standards.
• Assisting computation of Taxes in favor of the Company as per Tanzanian Tax Laws.
• Develop strategies to improve overall quality and productivity.
• Schedule regular team meetings to discuss about business updates, issues, and recommendations.
• Provide direction and guidance to employees in their assigned job duties and determine staffing requirements and ensure that office positions are filled.
• Guidance in employee recruitment, training, performance evaluation, promotion, and termination active.
• Manage orientations and exit interviews for employees.
• Manage administrative, logistical, human resources, and accounting services to support company operations.

• Preparation of Financial Statements and all supporting schedules in accordance with the Accounting Standards.
• Preparation of budget and expense management activities.
• Computation of all Taxes in favor of the Company as per Tanzanian Tax Laws .
• Schedule regular team meetings to discuss about business updates, issues, and recommendations.
• Advice the Management on staffing requirements.
• Manage administrative, logistical, human resources, and accounting services to support company operations.
• Payroll Management
• Fixed Assets Register Maintenance
• Built strong relationships with key stakeholders for mutual benefit.
• Facilitated the achievement of sales targets through effective leadership.
• Improved team efficiency by implementing new operational strategies.

• Assist on preparation of Financial Statements and all supporting schedules in accordance with the Accounting Standards.
• Computation of Taxes in favor of the Institute in accordance with Tanzanian Tax Laws.
• Preparation of comparative aged schedules of trade creditors, trade debtors, staff debtors and other debtors and recommend for provision of bad and doubtful debts on the aged balances.
• Working on Advance Payments to Suppliers and prepare a list of them before 25th of the following month that agrees with Sun-system Ledgers.
• Monitoring of the Institute Budget and Usage
• Preparation of monthly and quarterly budget performance reports
• Assist in the preparation of Institute budgets for external funding.
• Reviewing and checking proper posting of transactions into the general ledger journals held by other officers in (an accounting software) after ensuring that they have correct amounts, have correct account codes, have proper narrations, and are duly supported.
• Maintain fixed asset system for accounting, processing and reporting of the assets.
• Preparation of journal vouchers, both payroll and/or correction journals, reconciliation ledger balances with creditors’ statements of accounts balances Prepare and record financial transactions in the books of accounts on monthly basis and verify calculations and input codes into the Accounts system (SUN System)
• Payroll administration

-Assist on preparation payroll, ensuring salaries are paid timely and accurately posted.

-Prepare statutory returns, PAYE, NSSF, WHT and ensure timely remittance and accurate posting in the accounting system

My Achievements as Financial Accountant at IHI

• Minimization of Audit queries based on previous Financial Year’s this includes my proposal of introducing pre-audit section which is under Management Accounting this leads to proper documentation on staff and suppliers’ payments as well as proper cost allocation.
• Minimization of errors on accounting and related documents with regard to account codes, cost centers and narrations.
• Timely preparation and passing of adjustments related to errors observed in system generated reports. Increased knowledge and understanding on the application of Sun-System Accounting Package and Vision reports generating as well.
• Timely preparation of monthly Payroll, NSSF and PAYE for approval.
• Ensuring all statutory deductions is paid to respective authority in a monthly basis.
• Proper Maintenance of Fixed assets register.