Molly Shikhoya
Kampala
Summary
Finance professional with comprehensive background in accounting, ready to contribute to financial management and reporting. Known for accuracy in financial record-keeping and proficiency in auditing and tax preparation. Reliable team collaborator with focus on achieving financial accuracy and supporting dynamic business needs through analytical problem-solving and effective communication.
Overview
17
17
years of professional experience
Work History
Accountant
Timu Timo Bakery & Confectionery Limited
09.2019 - Current
- Maintenance of proper books of accounts for the company by ensuring that monthly and annual trail balance and accounts are finalized, complete, accurate, and timely and all amounts fully analyzed.
- Responsible for Accounts payable, bank reconciliations, Taxation, and maintenance of vendor accounts.
- Accounting system- responsible for the company’s Chart of Accounts and maintenance of the General Ledger.
- Taxation – ensuring accuracy in computations, timely payments, follow-up of tax matters and claims, advise and implementation of changes in tax legislation, management of tax audits by government and tax advisors.
- External/Internal audits/consultancies – coordination to ensure properly planned and executed, financial statements finalized, recommendations agreed and implemented.
- Overall Staff supervision.
- Compliance – ensuring compliance with EFRS, and accounting requirements.
Branch Accountant
Steel & Tube Industries Limited
07.2012 - 01.2019
- Reporting: Report accurately and regularly to the Finance Manager, and identify problems and issues concerning branch customers for resolution in a timely manner. Be official link with human resources departments and seek for effective support to the branch staff members. Provide feedback on customer complaints and requests in a timely manner.
- Communication: Communicate vital information to customers on telephone on a regular basis. Provide guidance and support to staff on processes and procedures in designing and implementing activities. Liaising with maintenance contractors for office equipment, including photocopying, computers and telephone
- Administrative: Support and manage regular programs and operations of the Branch for efficient functioning. Ensure that all activities are implemented in accordance with financial procedures and policy. Notify the Management of any discrepancies. Supervise finance and administrative activities. Ensure office equipment maintenance and repair. Manage human resources requirements of the Branch, including maintaining complete and updated personnel files. Ensure performance assessments are conducted for every staff member and reports filed as required. Organize and participate in orientation of new staff and on-job support. Be familiar with and ensure all branch staff is conversant with staff policies. Undertake other duties as assigned by the Management.
- Achievements: Implemented the customer complaint form for efficient feedback concerning customer complaints which are now in use throughout the organization. Put procedures and controls in place to stop incorrect processing of information. Reconciliation of company client accounts thus reducing client flow back to the main Branch for complaint resolutions. Participated in development of a communication strategy which led to increasing client base from 30% to 80%. Timely submission of financial reports to the Management.
Accounts Assistant / Internal Audit Assistant
Steel & Tube Industries Limited
05.2009 - 07.2012
- Posting cash books, posting ledger accounts, vouching cash books, vouching of ledger postings, vouching of sales journal, bank and cash book reconciliations, drafting financial accounts, filing monthly VAT returns. Developed and maintaining the Asset register.
- External: Carrying out analytical review of clients’ financial statements, evaluating clients’ internal control systems, computing taxes for clients, computing accounting ratios for clients, computation of clients’ cash flow forecasts, drafting final accounts, drafting management letters.
- Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non compliance with laws, regulations, and management policies.
- Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity;
- Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations;
- Examine whether the organization’s objectives are reflected in its management activities, and whether employees understand the objectives;
- Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions;
- Report to management about asset utilization and audit results, and recommend changes in operations and financial activities;
- Preparing management letter, audit working papers, draft audit reports for review by engagement partner and later submit to clients to give comments thereon.
- Following up management letter issues to ensure adequate explanation is provided by the clients.
- Liaising with clients from time to time for other issues like third party confirmation/ management representation to provide additional audit evidence.
Education
Bachelor of Commerce - Information Systems
Sikkim Manipal University
KampalaDiploma - Business Administration
Makerere University
A Level - undefined
Entebbe Senior Secondary School
O Level - undefined
Trinity College Nabbingo
Skills
- Computer literacy in Microsoft Office, SAP (Business One), Tally, URA E-Tax System, Internet and E-mail
- Communication skills
- Integrity-honest and ethical
- Attention to Detail-careful about detail and thorough in completing tasks
- Analytical-analyzing information and using logic to address work-related issues and problems
- Dependability- reliable, responsible, and dependable, and fulfilling obligations
- Persistence in the face of obstacles
Languages Spoken
English, Luganda & Lugisu.
Timeline
Accountant
Timu Timo Bakery & Confectionery Limited
09.2019 - Current
Branch Accountant
Steel & Tube Industries Limited
07.2012 - 01.2019
Accounts Assistant / Internal Audit Assistant
Steel & Tube Industries Limited
05.2009 - 07.2012
Diploma - Business Administration
Makerere University
A Level - undefined
Entebbe Senior Secondary School
O Level - undefined
Trinity College Nabbingo
Bachelor of Commerce - Information Systems
Sikkim Manipal University
References
- Timothy Khaukha Sales ,
Marketing & Operations Manager
Timu Timo Bakery & Confectionery Ltd
0754544652
khaukhatimothy@gmail.com
- David Wepukhulu
Records Officer
Ministry of Energy and Minerals Development Mines Department
0704022027 / 0782242024
david_wepukhulu@yahoo.com
- David Kimuli
Administrative Manager
Steel and Tube Industries Ltd
0712497397
kmdave66@hotmail.com
Activities and Interests
Auditing, Accounting & Finance, Customer care., Athletic Swimming Long distance running and Volley Ball, Reading News Papers and Watching movies, Travelling