Michael Segwaya

Experience

• 

  Barclays

  Jul 2005 - Oct 2021

  • Was accountable for day to day operations of the finance function which involves balance sheet, budget & P&L management. Implementing, monitoring and evaluating controls, audit and any regulatory compliance requirements. • Chaired the monthly Balance sheet review committee.• Member of the Strategic review committee for Barclays bank Uganda and other management committees like the New product approval committee, Pricing committee, Operations, Technology & Change Steer co and the Risk and Control rigour committee,• Was responsible for embedding financial controls and ensuring data integrity during the migration of two banking platforms (BRAINS & EQUINOX) to Oracle in 2008.• Facilitated in the migration of the old BRAINS to the new Oracle banking platform in Barclays bank of Kenya.• Facilitated the roll out an in house Barclays Uganda built automated reconciliation tool for various Barclays businesses in Africa like Barclays Kenya, Ghana and Tanzania.• Coordinated the Finance work stream in the acquisition and integration of Nile bank. Responsible for the preparation of completion accounts, acquisition accounting and the trucking of synergies.• Ensure process and data integrity across the business by complying with governance requirements like Sarbanes Oxley, Basel III and International Financial Reporting Standards. Show less • Responsible for the preparation of all statutory reports for the bank and the staff pension fund and ensuring compliance to international financial reporting standards (IFRS) and the financial institutions Act (FIA).• Facilitated the budgeting process for various functions within the bank. Reviewing business valuations, performance trends and challenging function heads on any variances from their budgets.• Review all inter company reconciliations and ensured the financial reports had the correct tax computations. Show less

  • Executive Director / Chief Finance Officer

    Nov 2012 - Oct 2021

  • Financial Controller

    Jan 2006 - Oct 2012

  • Head of Financial Reporting

    Jul 2005 - Dec 2005
• 

  Absa Group

  Nov 2019 - now

  Executive Director / Chief Finance Officer - ABSA Uganda