Magomu Alex
Kampala, Uganda
Summary
To work with an institution that leads high ethical and corporate governance through integrity, objectivity, professional competence, due care, confidentiality, and professional behavior.
Overview
13
13
years of professional experience
36
36
years of post-secondary education
4
4
Languages
Work History
Financial Accountant
Bon Apetit Restaurants Ltd
1 2021 - Current
- Preparation of Financial Statements such as P&L, Statement of Financial Position, Cash Flow Statement using Quickbooks
- Preparation of Monthly VAT, PAYE, and NSSF and submission for remittance
- Making journal entries to the different appropriate accounts and necessary treatments by applying IFRS and IASs
- Tax Planning for the entity to ensure the business incurs the least taxes without contravening the national tax laws
- Determination of Prices for the different products offered by the entity
- Costing of the different Products, Cost Management and Variance Analysis
- Taking the leading role in the pricing of the different products to ensure maximized profit margins for the business
- Production and analysis of debtors and creditors lists
- Establishment and ensure that there are efficient internal controls at the business entity
Accounting/Financial Management and Compliance Consultant
EBC
01.2020 - Current
- Advising on bookkeeping and accounting treatments for business transactions
- Provision of tax consultancy services and remittance
- Tax planning and advice
- Advise of internal control efficiency and effectiveness
- Conducting audits of the financial statements
- Advise on cost reduction
- Advise on investments and financial appraisal of potential projects
Accounting/Financial Management and Tax Consultant
Assiduous Uganda Limited
01.2020 - Current
- Advising on bookkeeping and accounting treatments for business transactions
- Provision of tax consultancy services and remittance
- Tax planning and advice
- Advise of internal control efficiency and effectiveness
- Conducting audits of the financial statements
- Advise on cost reduction
- Advise on investments and financial appraisal of potential projects
Accounting/Financial Management and Compliance Consultant
Vals Consults Limited
01.2019 - Current
- Advising on bookkeeping and accounting treatments for business transactions
- Provision of tax consultancy services and remittance
- Tax planning and advice
- Advise of internal control efficiency and effectiveness
- Conducting audits of the financial statements
- Advise on cost reduction
- Advise on investments and financial appraisal of potential projects
Accountant/Finance Manager
Futures Properties Consultants
01.2018 - 01.2021
- Preparation, execution, monitoring, and evaluation of budgets
- Formulation and design of internal controls for the business
- Preparation, advising, and compilation of financials for audit
- Testing for efficiency and effectiveness of operational/internal controls
- Tax planning and provision of advice on tax planning matters to the owners of the business
- Design and implementation of internal controls
- Prepare financial statements, business activity reports, and financial forecasts
- Ensure that the organization's financial records and recordkeeping methods comply with applicable standards and regulations
- Manage employees and contractors who are responsible for financial reporting and budgeting
- Periodically review the organization’s financial reports and identify opportunities for cost reduction
- Analyze data and advise top management on how to maximize profits
- Analyze market trends and identify opportunities for growth/expansion
- Oversee the organization's investments
Internal Audit Assistant
Optimarc Technologies Uganda Limited
01.2012 - 01.2018
- Verification of payables documentation
- Verification of accounting entries from documentation
- Agreeing booked entries with source documents
- Ensuring adherence to corporate governance rules
- Regular reporting on compliance status with regulators such as URA
Education
Fraud Awareness -
Institute of Certified Public Accountants of Uganda (ICPAU)
01.2023 - 12.2023
Taxation - undefined
Institute of Certified Public Accountants of Uganda (ICPAU)
01.2019 - 12.2019
Certificate in Quick books and tally - undefined
Makerere University
01.2013 - 12.2013
Certificate in SPSS/ STATA - undefined
Makerere University
01.2011 - 12.2011
Certificate in Monitoring and evaluation - undefined
Makerere University
01.2011 - 12.2011
Degree in Leisure Management and Science in Sport - undefined
Kyambogo University
01.2006 - 12.2011
U.A.C.E - undefined
Bukoyo SSS
01.2004 - 12.2005
U.C.E - undefined
Bukoyo SSS
01.2000 - 12.2003
PLE - undefined
St. Peter Clever
01.1993 - 12.1999
2 Papers to Full Completion/Finalist -
Institute of Certified Public Accountants of Uganda (ICPAU)
01.2012 - Current
Skills
Financial
Proposing innovative solutions
Responding quickly and responsibly
Driving change
Influencing decision-makers
Professional manner in finance inquiries
Understanding of book-keeping principles
Debt management
Computerized accounting software
Open to constructive feedback
Tactful communicator
Confident communication
Willing to challenge the status quo
Adhering to Codes of Practice
Overcoming obstacles
Personal Information
- Nationality: Ugandan
- Marital Status: Single
Consultancybackground
- 01/01/20 - present, EBC, Accounting/Financial Management and Compliance Consultant, Advising on bookkeeping and accounting treatments for business transactions, Provision of tax consultancy services and remittance, Tax planning and advice, Advise of internal control efficiency and effectiveness, Conducting audits of the financial statements, Advise on cost reduction, Advise on investments and financial appraisal of potential projects
- 01/01/19 - present, Vals Consults Limited, Accounting/Financial Management and Compliance Consultant, Advising on bookkeeping and accounting treatments for business transactions, Provision of tax consultancy services and remittance, Tax planning and advice, Advise of internal control efficiency and effectiveness, Conducting audits of the financial statements, Advise on cost reduction, Advise on investments and financial appraisal of potential projects
- 01/01/20 - present, Assiduous Uganda Limited, Accounting/Financial Management and Tax Consultant, Advising on bookkeeping and accounting treatments for business transactions, Provision of tax consultancy services and remittance, Tax planning and advice, Advise of internal control efficiency and effectiveness, Conducting audits of the financial statements, Advise on cost reduction, Advise on investments and financial appraisal of potential projects
References
- FCA Bushara Dorcas, Managing Partner, Cube Associates, +256-776706018
- Mukuuma Kassim, Lecturer, Makerere University Business School, +256-702039258
- Baliraine Alan, Operations manager, Extreme, +256-751517140
Disclaimer
I hereby ascertain that the information given is authentic and truthful.
Timeline
Fraud Awareness -
Institute of Certified Public Accountants of Uganda (ICPAU)
01.2023 - 12.2023
Accounting/Financial Management and Compliance Consultant
EBC
01.2020 - Current
Accounting/Financial Management and Tax Consultant
Assiduous Uganda Limited
01.2020 - Current
Accounting/Financial Management and Compliance Consultant
Vals Consults Limited
01.2019 - Current
Taxation - undefined
Institute of Certified Public Accountants of Uganda (ICPAU)
01.2019 - 12.2019
Accountant/Finance Manager
Futures Properties Consultants
01.2018 - 01.2021
Certificate in Quick books and tally - undefined
Makerere University
01.2013 - 12.2013
Internal Audit Assistant
Optimarc Technologies Uganda Limited
01.2012 - 01.2018
2 Papers to Full Completion/Finalist -
Institute of Certified Public Accountants of Uganda (ICPAU)
01.2012 - Current
Certificate in SPSS/ STATA - undefined
Makerere University
01.2011 - 12.2011
Certificate in Monitoring and evaluation - undefined
Makerere University
01.2011 - 12.2011
Degree in Leisure Management and Science in Sport - undefined
Kyambogo University
01.2006 - 12.2011
U.A.C.E - undefined
Bukoyo SSS
01.2004 - 12.2005
U.C.E - undefined
Bukoyo SSS
01.2000 - 12.2003
PLE - undefined
St. Peter Clever
01.1993 - 12.1999
Financial Accountant
Bon Apetit Restaurants Ltd
1 2021 - Current