Paul Ouma

Auditor

Jim Roberts and Associates

06.2016 - 11.2017

Planning the Audits for various clients.
Preparation of financial Reports for clients which included: Statement of Comprehensive Income Statement, Statement of Financial Position, Statement of Cash flows, Statement of Changes in Equity.
Accounts compilation for the Clients to come up with an appropriate Trial balance in preparation for the Audit.
Review the appropriateness of the accounting policies for all transactions.
Reviewing the monthly bank reconciliation statements and testing the mathematical accuracy of the cash books.
Ensuring segregation of duties between the person preparing the bank reconciliation statements and the one reviewing them.
Review of the accounting procedures and manuals being maintained.
Ensuring segregation of duties between the personnel approving payments.
Review the ledgers for some of the accounts and agree some of the transactions to supporting documentation.
Review schedule for contractual commitments.
Review the Purchase procedures of the Clients.
Review of correspondence with URA and NSSF authorities to identify areas of significant uncertainty or where judgment has been applied and to identify changes in circumstances that may affect recorded balances in respect of current or prior years.
Preparation of Management letters for different clients with Recommendations in relation to the weaknesses advised during the Audit.
Vouching of different clients’ transactions for example the sales, Purchases, all expenses, Assets, Receivables, Payables, Cash and Bank, among others.
Verify whether Property Plant and Equipment register is maintained and if it is accurate.
Ensuring proper filling of the Audit evidences and any other documents from the Clients.
Managing the team under my portfolio for a given audit assignment.
Reporting Audit finding from the Audit field to the line Manager.
Collaborated with cross-functional teams to implement process improvements that enhanced operational efficiency and reduced discrepancies.
Trained junior staff on audit procedures, best practices, and compliance standards to strengthen team capabilities.
Utilized advanced auditing software to streamline data analysis and improve the accuracy of financial assessments.
Monitored compliance with internal controls and regulatory requirements, identifying areas for risk mitigation.
Engaged in continuous professional development to stay current with evolving industry standards and auditing techniques.
Led initiatives aimed at enhancing the audit process through technology adoption, resulting in more efficient workflows and timely reporting.
Analyzed data and findings to prepare reports detailing financial information.
Maintained confidentiality, handling sensitive information discreetly throughout all stages of the audit process.
Performed observations and evaluated supporting documents to supplement audit findings.
Provided detailed documentation on audit findings, facilitating swift corrective action when necessary.
Mentored junior auditors, sharing knowledge and best practices to foster their professional growth within the team.
Conducted risk assessments to determine areas requiring increased focus during subsequent audits.
Planned and executed follow-up audits at appropriate intervals.
Managed multiple concurrent audit engagements, prioritizing tasks to meet deadlines without compromising quality.
Streamlined audit processes, improving efficiency and reducing time spent on each audit engagement.
Ensured compliance with regulatory requirements by performing regular audits and staying up-to-date on industry standards.
Followed established auditing processes to meet internal and regulatory requirements.
Developed detailed audit reports outlining findings, recommendations, and corrective actions for management review.
Conducted comprehensive audits of financial records to ensure accuracy and compliance with applicable regulations.
Diminished outstanding debts by analyzing accounts for issues.
Cooperated with senior leaders to create operating budgets and initiate financial planning.
Developed financial models to assess and analyze financial performance of clients.
Maintained integrity of general ledger and chart of accounts.
Used accounting software to issue tax returns and prepare consolidated reports.
Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
Identified legal tax savings and recommended ways to improve profits.
Found tax solutions to complicated tax issues or errors from incorrect tax filings.
Compiled general ledger entries on short schedule with 100% accuracy.
Collected and reported monthly expense variances and explanations.
Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
Tracked funds, prepared deposits and reconciled accounts.
Trained new employees on accounting principles and company procedures.
Provided journal entries and performed accounting on accrual basis.
Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
Prepared working papers, reports and supporting documentation for audit findings.
Conducted forensic audits to thoroughly investigate and address suspected fraud activities.
Initiated corrective actions to address audit findings, improving internal control systems.
Streamlined audit documentation, ensuring accurate and accessible audit trails.
Reduced audit completion times by optimizing audit planning and execution strategies.
Reinforced financial integrity by enforcing strict adherence to regulatory standards and internal policies.
Developed and maintained productive relationships with clients, facilitating smooth audit processes and engagements.
Strengthened stakeholder confidence with transparent and clear communication of audit findings.
Enhanced effectiveness of internal audit function through strategic planning and goal setting.
Improved audit efficiency with implementation of advanced software tools.
Maintained up-to-date knowledge of industry regulations and standards, ensuring audit practices remained compliant.
Collaborated with management to develop actionable strategies for financial performance improvement.
Enhanced financial accuracy and compliance with thorough audits of internal financial processes.
Fostered culture of continuous improvement by regularly updating audit procedures and techniques.
Led cross-functional teams in comprehensive audits, ensuring thorough coverage across all departments.
Optimized resource allocation during audit projects, maximizing team productivity and effectiveness.
Streamlined financial reporting processes, leading to timely and accurate financial statements.
Identified significant cost-saving opportunities through meticulous expense analysis.
Provided expert recommendations for financial reporting enhancements, leading to improved stakeholder communication.
Facilitated training sessions for junior auditors, enhancing team proficiency and audit quality.
Conducted detailed risk assessments for identifying and mitigating potential financial discrepancies.
Interpreted state and federal laws, accepted auditing principles and procedures and program standards to audited materials and data to detect non-compliance and facilitate recommendations.
Interviewed auditees to gather data needed to conduct audits.
Adapted plans and schedules to meet changing priorities of work objectives, resources and workload demands.
Executed audit phases and entered data into accounting software for analysis.
Enhanced financial accuracy by conducting thorough audits and identifying discrepancies in financial statements.
Collaborated closely with external auditors, providing requested documentation promptly to facilitate smooth year-end audits.
Collaborated with cross-functional teams to identify areas of risk and implement preventative measures.
Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
Increased internal control effectiveness through diligent evaluation of processes and providing recommendations for improvement.
Reduced the risk of fraud by implementing effective internal controls and monitoring systems.
Ensured the integrity of financial reporting by verifying the accuracy of accounting records and reconciliations.
Communicated with auditee staff to obtain necessary information for audits.
Developed strong relationships with clients, building trust and ensuring a high level of satisfaction during the audit process.
Coordinated, managed and implemented auditing projects and prepared for evaluation.

Summary

Overview

Work History

Chief Accountant

Auditor

Education

Accounting

Bachelors of Science - Accounting

Uganda Advanced Certificate -

Uganda Certificate -

Primary Leaving Certificate - undefined

Skills

Certification

Key Values

Leadership Skills

Other Names

Tel No

Nin

Signature Date

Personal Information

Timeline

Chief Accountant

Accounting

Auditor

Primary Leaving Certificate - undefined

Bachelors of Science - Accounting

Uganda Advanced Certificate -

Uganda Certificate -

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