Enterprise Resource Planning
Sharon Sarah Nambuku
Accountant
Kampala,Kyaliwajjala
Summary
Dynamic Fixed Asset & Inventory Accountant with proven expertise at Coca Cola Beverages Uganda Limited. Enhanced financial reporting and compliance through rigorous audits and reconciliations. Skilled in inventory optimization and variance analysis, while fostering teamwork to achieve strategic goals. Successfully executed annual asset verifications, ensuring adherence to policy standards.
Overview
5
5
years of professional experience
7
7
years of post-secondary education
3
3
Languages
Work History
Fixed Asset & Inventory Accountant
Coca Cola Beverages Uganda Limites
Kampala, Kampala District
07.2023 - Current
- Enhanced financial reporting quality for better decision-making by conducting regular audits and reconciliations of inventory accounts.
- Assisted in the successful completion of annual external audits by providing timely and accurate information on inventory valuations and adjustments.
- Monitored industry trends and regulatory updates to ensure continued compliance with evolving accounting standards related to inventory management.
- Supported budgeting process through the preparation of detailed reports on inventory cost trends and forecasts.
- Actively oversee the write off and provisioning of expired inventory in line with the Group Policy.
- Manage lease controller and ensure all lease contracts uploaded on lease controller are accurate & complete.
- Execute annual physical Asset verifications to ensure criticality assessment as per policy and ensure provision for critical assets .
- Managed a capital expenditure (CapEx) budget of $324 million, ensuring that allocated funds were effectively disbursed to achieve their intended goals and objectives.
Finance Graduate in Training
Coca Cola Beverages Uganda Limited
Kampala, Kampala District
07.2022 - 06.2023
- Streamlined financial processes by implementing new software and automating tasks, resulting in increased efficiency and accuracy.
- Optimized tax planning strategies using relevant deductions and exemptions leading to significant savings on annual corporate tax liabilities.
- Elevated company''s credit rating through strategic debt restructuring initiatives coupled with strong working capital management strategies.
- Improved financial reporting for stakeholders by standardizing templates and enhancing visual presentations.
- Review and consolidation of the group policies and the TCCC policies to ensure compatibility with the process narratives.
- Successfully modified process narratives that speak to our local economy i.e. breaking down group policies to more relatable processes.
- Rolled out a cashless project which involved the invention of Momo Pay as a way of minimizing and bridging the gap of missing funds that are collected by drivers.
- Conducted a major reconciliation that saw the AR drop by 2 Billion Shillings.
- Successfully modified process narratives that speak to our local economy i.e. breaking down group policies to more relatable processes.
- Prepared company tax returns and other financial filings.
- Generated financial projections and forecasts for short- and long-term for the Key Accounts channel alongside the Revenue growth manager.
- Analyzed financial trends and provided detailed financial reports to management in terms of market growth and the prevailing market risks that would in turn impact the profitability of the business.
- Participated in the company cost saving initiatives like "Tukyase" that saw the business save on opex through cost optimization and enforcing the plastic recycling agenda
- Developed and nurtured strong relationships with key clients through regular market visits, enhancing trust and fostering long-term business opportunities for the brand
Accounts Receivable Clerk
Uzima Chicken Uganda Limited
Kampala, Kampala District
03.2020 - 03.2022
- Reconciled accounts receivable ledger to verify payments and resolve variances.
- Submitted cash and check deposits and generated cash receipts to record money received.
- Prepared and mailed invoices to customers, processed payments, and documented account updates.
- Responded to inbound inquiries regarding accounts and payments.
- Track chick and feed inventory at contracted brooding units, based on shipments from hatchery and movements between brooding units.
- Monitor inbound payments from Uzima’s customers via online banking platform and/or Momo Pay.
- Create sales invoices based on confirmed orders.
- Book sales on SAGE 50 Accounting system upon confirming successful dispatch in the field
- Supported cash forecasting initiatives by providing accurate data on outstanding receivables and expected payments from clients.
- Expedited revenue collection by consistently meeting deadlines for generating accurate monthly statements and timely invoice submissions.
- Reduced outstanding account balances through diligent follow-up on overdue invoices and negotiating payment arrangements with clients.
Education
MBA - Risk Management
Uganda Management Institute
Kampala 08.2023 - Current
Bachelor of Science - Accounting And Finance
Uganda Christian University
Kampala, Uganda 09.2016 - 10.2019
ACCA - Accounting
Uganda Management Institute
06.2023 - Current
Skills
Month end close
Microsoft Excel
Accounts receivable
Audit support
Fixed assets
Physical inventory
Variance analysis
Inventory cycle counting
Financial statements
Budget analysis
Financial reporting
Software
Power BI
Microsoft Dynamics -D365
Power Query
Interests
Reading
AI
Socializing
Quote
Far and away the best prize that life offers is the chance to work hard at work worth doing.
Theodore Roosevelt
Timeline
MBA - Risk Management
Uganda Management Institute
08.2023 - Current
Fixed Asset & Inventory Accountant
Coca Cola Beverages Uganda Limites
07.2023 - Current
ACCA - Accounting
Uganda Management Institute
06.2023 - Current
Finance Graduate in Training
Coca Cola Beverages Uganda Limited
07.2022 - 06.2023
Accounts Receivable Clerk
Uzima Chicken Uganda Limited
03.2020 - 03.2022
Bachelor of Science - Accounting And Finance
Uganda Christian University
09.2016 - 10.2019