Summary
Overview
Work History
Education
Skills
Accomplishments
Software
Affiliations
Timeline
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Sirak Yemane

Finance & Tech
Kampala

Summary

Chief Financial Officer | Multi-National Finance Leader | Tech-Driven Financial Strategist


As a CFO managing operations across Rwanda, Angola, and Uganda, I specialize in financial strategy, planning, and multi-national operations. Fluent in accounting systems like Tally, QuickBooks, and Odoo, I leverage technology to streamline processes and enhance financial insights.


With experience in public and private sectors, I ensure compliance with international standards like GAAP and IFRS while driving growth through financial planning, budgeting, and capital management. I'm proud to have received recognition from the Eritrean Presidential Office for delivering high-quality financial reporting during my tenure at the Office of the Auditor General.

Overview

10
10
years of professional experience
2
2
Languages

Work History

Chief Financial Officer

NAURET
04.2024 - 12.2024
  • Streamlined financial processes by implementing new accounting software and automation techniques.
  • Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
  • Negotiated favorable credit terms with banks for increased borrowing capacity and reduced interest expenses.
  • Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
  • lead the financial strategy and operations for over 6 companies across East Africa & Angola, overseeing teams in 3 countries. My role focuses on driving economic growth, ensuring compliance, and optimizing financial processes to support organizational objectives.

Head of Finance And Administration

KULA KULA Business Enterprises
01.2023 - 03.2024
  • Provided senior management with strategic financial insights for informed decisionmaking.
  • Managed budgeting process, ensuring accurate forecasting and timely adjustments to meet business needs.
  • Strengthened communication between finance department and other business units, fostering an environment of collaboration across the organization.
  • Collaborated with cross-functional teams to align financial goals with overall company objectives.
  • Reduced overhead costs by identifying inefficiencies and implementing cost-saving measures.
  • Oversaw annual audit process, ensuring accurate representation of financial position in accordance with GAAP standards.
  • Streamlined vendor payment processes, improving relationships while reducing processing time and errors.
  • Managed debt financing activities, negotiating favorable terms to minimize borrowing costs.
  • Audited financial operations and recommended cost-saving strategies to maximize profit.
  • Introduced real-time online reporting methods to Directors.
  • · Audited past transactions with suppliers and cleared debts wrongfully credited.
  • · Audited financial operations and recommended cost-saving strategies to maximize profit.

Senior Finance Manager

AfroPark Hotel & Health Club
12.2022 - 11.2023
  • Established strong relationships with banks and investors, securing favorable financing terms for business growth initiatives.
  • Oversaw the preparation of monthly financial statements, ensuring accuracy and timely reporting to stakeholders.
  • Increased financial efficiency by streamlining budgeting processes and implementing cost-saving measures.
  • Mentored junior finance staff members, fostering a culture of continuous learning and professional development.
  • Streamlined month-end close process through automation initiatives that increased data accuracy while reducing time spent on administrative tasks.
  • Enhanced internal controls by implementing strict compliance procedures and conducting regular audits.
  • Implemented new accounting software fully integrated with POS to automate manual processes, increasing accuracy and efficiency in financial reporting.

Director of Finance & Administration

Office Of The Auditor General
02.2015 - 12.2018
  • Partnered with HR on compensation strategy development, ensuring competitiveness in talent acquisition while maintaining fiscal prudence.
  • Optimized cash flow management by implementing effective accounts receivable collection procedures and monitoring working capital levels closely.
  • Drove revenue growth through meticulous analysis of market trends and identification of new business opportunities.
  • Initiated cost control measures, identifying opportunities for expense reduction without compromising service quality or operational performance.
  • Developed comprehensive financial models to support strategic decision-making and business growth.
  • Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
  • Spearheaded the successful completion of annual budget planning cycles, aligning departmental goals with overall organizational objectives.

Education

High School Diploma -

Google Digital Skills For Africa
Online Course
04.2001 -

Bachelor of Arts - Accounting And Finance

Halhale, College of Business & Economics
Halhale, Eritrea
04.2001 -

Associate of Arts - Accounting

SMAP Institute of Training, Education & Consultancy
Asmara, Eritrea
04.2001 -

Associate of Arts - Business Management

SMAP Institute of Training, Education & Consultancy
Asmara, Eritrea
04.2001 -

Skills

Financial reporting

Accomplishments

    Awards winner from Eritrean Presidential Office.

    During my tenure with the Office of The Auditor General in Asmara, Eritrea, I was honored to receive a certificate of recognition from the Eritrean Presidential Office. This award was in acknowledgment of my contribution to complex data analysis, which was executed in a meticulous and organized fashion within the established timeframe. As a result of these efforts, I was fortunate to advance from the position of Deputy to Director of Administration & Finance within less than a year, assuming full responsibility and authority at an early stage in my career.

Software

Quickbooks

Odoo

Tally ERP

Microsoft Office 365

Affiliations

  • Internations Ambassador

As an InterNations Ambassador, I lead a dynamic network of expatriates and global professionals, curating events that foster meaningful connections and professional growth. I facilitate engagement, ensuring members feel welcomed and supported as they navigate new environments.

This role has allowed me to enhance my leadership, event management, and cross-cultural communication skills, while contributing to a thriving, globally-minded community.

Timeline

Chief Financial Officer

NAURET
04.2024 - 12.2024

Head of Finance And Administration

KULA KULA Business Enterprises
01.2023 - 03.2024

Senior Finance Manager

AfroPark Hotel & Health Club
12.2022 - 11.2023

Director of Finance & Administration

Office Of The Auditor General
02.2015 - 12.2018

High School Diploma -

Google Digital Skills For Africa
04.2001 -

Bachelor of Arts - Accounting And Finance

Halhale, College of Business & Economics
04.2001 -

Associate of Arts - Accounting

SMAP Institute of Training, Education & Consultancy
04.2001 -

Associate of Arts - Business Management

SMAP Institute of Training, Education & Consultancy
04.2001 -
Sirak YemaneFinance & Tech