Alex Wanagalya

Audit Planning & Risk Management

· Conducted engagement planning by calculating materiality, defining audit scopes, and managing engagement budgets to ensure project profitability.

· Conducted risk assessments within the proprietary Audit software platform, identifying material misstatements and fraud risks specific to the Ugandan regulatory and economic environment.

· Strategized audit workflows as the "In-charge" on-site, ensuring all methodology milestones were met through effective team coordination.

Internal Controls & Technical Execution

· Evaluated internal control environments through walkthroughs and IPE (Information Produced by the Entity) testing, mapping results in proprietary Audit software to identify control gaps.

· Executed complex substantive testing and analytical procedures using IDEA Data Analytics to identify anomalies in large datasets.

· Performed first-level reviews of junior associates’ workpapers, ensuring strict compliance with ISAs and Grant Thornton’s global documentation standards.

Reporting & Quality Assurance

· Drafted key audit deliverables, including Management Letters and Audit Reports, providing actionable insights on internal control improvements.

· Ensured IFRS compliance by reviewing draft financial statements and resolving outstanding audit queries to facilitate partner sign-off.

· Managed the audit trail by maintaining digital evidence in the proprietary Audit software, ensuring a transparent and "audit-ready" file.

Key clients Audited:

Bank of Baroda - Financial services Industry, Cipla Quality Chemicals - Pharmaceutical Industry, Sybyl Limited - IT Industry, Muljibhai Madhvani & Company Limited - Property developments, Agroprocessing and Manufacturing industries, Chobe, Mweya, Paraa and Syliver back safari Lodges - Hospitality industry, Greenlight Planet Uganda Limited - Trading Industry, STRABAG International GmbH (Uganda Branch) - Construction Company.

• Conducted and performed audit in accordance with the international standards on Audit.
• Examined and analyse accounting records to determine financial status establishment and prepare reports concerning operating procedures.
• Collected and analysed data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
• Prepare detailed reports on audit findings.
• Reviewed data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
• Inspected accounts books and accounting systems for efficiency, effectiveness, and the use of accepted accounting procedures to record transactions.
• Reported to management about asset utilization and audit results and recommend changes in operations and financial activities.
• Prepared work plans to conducting of the audit.
• Performed other duties incidental to the above assigned from time to time by the supervisor.
• Key Clients Audited: Mutesa (ii) Royal University - Education Institution Industry, African Hearts Community Organization- NGOs, Olsedeen Agriculture Uganda Limited - Agriculture.

• Advised on the proper setup of the chart of accounts in an accounting system using an accounting software including quick books, Tally, Sage and e-micros ERP.
• Adviced on how to prepare systematic and proper records of accounting using accounting software basically, quickbooks, Tally, e-micros ERP.
• Advised clients on payroll formulation and processing both in the accounting software and Microsoft excel.
• Ensured proper management of accounts receivables, accounts payables and cash management for the client and provide technical advice on how to use ERPs to management and monitor the same.
• Monitored financial performance to ensure revenue realization against client's annual budgets.
• Managed client accounts to ensure satisfaction and retention.
• Conducted market research to identify trends and client preferences.
• Developed tailored solutions for diverse customer needs and challenges.
• Provided training and support to new team members on account management systems.
• Facilitated regular meetings with clients to discuss project updates and feedback.
• Analyzed customer data to inform strategic decision-making for account growth.
• Implemented processes and procedures designed to increase efficiency and reduce costs.
• Advised on how to prepare financial statements for the clients in accordance with the international accounting standards (IAS) and international financial reporting standards (IFRS).
• Prepared monthly reports summarizing account activity for senior management review.

• Assisted in the posting of accounting information in the quick books accounting system.
• Assisted the Finance officer in Bookkeeping and Preparing monthly Bank reconciliation statements.
• Prepared monthly management reports under supervision of the Finance officer.
• Checked entries for accuracy and making the necessary corrections before filing the documents in the respective files place.
• Assisted in conducting research in field to find out the extent at which the project had reached in meeting its objectives regarding promoting girl child Education.