Shamshuddin Badruddin Hirani

Finance Director

Victoria Treasures Ltd

Kampala

08.2016 - Current

Coached staff on best practices for managing finances including budgeting techniques, expense tracking methods.
Analyzed current economic conditions to make projections regarding future performance of company investments.
Collaborated closely with other departments to develop comprehensive budget models that reflect organizational goals.
Negotiated contracts with vendors for services such as banking relationships or technology solutions.
Advised executive leadership team on innovative ways to optimize capital structure while minimizing costs.
Developed and implemented annual financial plans and budgets.
Monitored cash flow, prepared monthly financial statements, and analyzed trends to ensure appropriate use of funds.
Provided oversight for accounts receivable and payable functions, payroll processing, investments, and treasury operations.
Created detailed reports highlighting key metrics such as return on investment, net present value.
Developed strategies to improve profitability by analyzing business processes and recommending solutions.
Designed short-term financing strategies to meet working capital needs while optimizing returns on idle cash balances.
Ensured that all tax filings were completed accurately and on time according to federal state regulations.
Coordinated audit activities with external auditors ensuring timely completion of audits.
Performed complex analyses of operational data to evaluate efficiency effectiveness within the organization.
Assisted senior management in developing long-term strategic plans based on market analysis and industry trends.
Established policies and procedures related to accounting systems, internal controls, budgeting, forecasting, and purchasing.
Managed the preparation of all external financial reporting including audited financial statements.
Reviewed financial reports for accuracy and completeness in compliance with Generally Accepted Accounting Principles.
Conducted research to identify new sources of revenue and cost savings opportunities.
Networked within communities to identify and capitalize on business opportunities.
Worked with regulatory representatives to complete accurate filings and maintain compliance.
Raised capital by building partnerships with investors and maintaining strong stockholder relationships.
Reorganized finance and accounting departments to improve efficiency and cut excess spending.
Compiled operational and risk reports detailing financial metrics to help management make proactive decisions.
Planned and coordinated risk mitigation strategies to protect company assets.
Created and enforced company-wide controls regarding revenue and expenses in concerted effort to protect organization's assets.
Reviewed applications against established parameters to determine approval, rejection, or modification requirements.
Directed comprehensive financial planning, forecasting, and analysis to inform strategic decision-making.
Developed and maintained strong banking relationships, securing favorable terms for credit facilities and other financial services.
Ensured compliance with local, state, and federal tax filings and other regulatory financial obligations.
Coordinated external audits, ensuring compliance with accounting standards and regulatory requirements.
Coordinated with HR on payroll management and benefit fund allocations, ensuring accuracy and compliance.
Conducted in-depth financial analysis to identify trends, risks, and opportunities for growth and improvement.
Managed and developed finance department staff, fostering a culture of continuous improvement and professional growth.
Instituted financial policies and procedures that enhanced accuracy, efficiency, and compliance across the organization.
Championed the adoption of new technologies and financial systems to streamline processes and improve data accuracy.
Played a key role in mergers and acquisitions, conducting due diligence and integrating financial systems and processes.
Negotiated contracts and agreements with vendors, suppliers, and service providers to reduce costs and improve terms.
Monitored financial performance metrics, developing actionable insights and recommendations to enhance profitability.
Led financial risk management efforts, identifying potential threats and devising effective mitigation strategies.
Led the preparation and presentation of monthly, quarterly, and annual financial reports to board members and stakeholders.
Implemented rigorous cost-control measures, achieving significant savings without compromising organizational performance.
Advised executive team on financial implications of business activities, strategic initiatives, and operational changes.
Managed treasury functions, including cash management, investments, and liquidity strategies to optimize financial resources.
Supervised accounts payable and receivable operations, improving cash flow management and reducing outstanding debts.
Facilitated cross-departmental collaboration to align financial management with operational and strategic objectives.
Oversaw annual budgeting process, ensuring alignment with organizational goals and financial sustainability.
Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
Developed invoicing systems and internal controls to boost billing efficiencies.
Coordinated approval or rejection of lines of credit or commercial, real estate or personal loans.
Coordinated preparation of external audit materials and external financial reporting.
Recommended new financial and accounting software packages. replacing various non-integrated offerings.
Communicated with stockholders or other investors to provide information or raise capital.
Maintained regular performance appraisals for subordinates through verbal, written and on-going review programs.
Invested funds and recommended appropriate dividend issuances based on historical dividend patterns and expected cash flows.
Created financial management mechanisms to minimize financial risk to business.
Analyzed competitors and market trends to facilitate business growth.
Analyzed actual financial results to budget, preparing variance reporting to functional groups.
Managed relationships with tax authorities, bankers and auditors.
Built financial models to allocate resources, forecast cash and investment needs and make capital budgeting decisions.

Summary

Overview

Work History

Finance Director

Education

MBA - Managerial Economics

Skills

Affiliations

Languages

References

Timeline

Finance Director

MBA - Managerial Economics

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