OKIA RICHARD

Experience

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  Mukwano Industries U Ltd.

  Dec 2012 - Dec 2015

  Internal Auditor

  • Conducted monthly compliance audits of key controls across accounts receivable, accounts payable, pricing, payroll, HR, IT, and financing activities.• Assessed and monitored the effectiveness of internal control systems in financial reporting processes.• Streamlined pricing, billing, accounts receivable, and collections through collaboration with relevant departments.• Ensured ISO9001 compliance by auditing management's policies and procedures at the departmental level.• Identified issues and communicated recommended solutions to mitigate business risks.• Developed audit programs and testing procedures aligned with risk and test objectives.• Obtained and reviewed evidence to ensure well-documented audit conclusions.• Adhered to departmental and professional standards, ensuring high-quality audits.• Led and coordinated audit team tasks, ensuring productivity and efficiency.• Focused on professional growth through proactive pursuit of relevant education and training opportunities. Show less

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  Movit Products Limited

  Jan 2016 - Jan 2018

  Head Risk and Compliance Manager

  • Certified statutory returns to ensure compliance with regulations, accuracy of submissions, and avoidance of financial penalties.• Established and implemented an integrated risk management framework to identify, assess, and mitigate organizational risks, reducing operational losses.• Developed comprehensive risk management policies, including quantifying risk appetite and setting specific risk limits to minimize exposure.• Investigated incidents of fraud, created staff awareness programs, and promoted a risk management culture to mitigate operational and financial fraud risks.• Ensured that internal audit services provided measurable value to stakeholders, enhancing organizational efficiency and control.• Responded promptly to special and ad-hoc requests, delivering tailored solutions to support customer and stakeholder satisfaction.• Designed and implemented policies and procedures for the audit function, ensuring alignment with governance frameworks and regulatory standards.• Developed and updated annual audit plans to prioritize risk-focused and value-adding audits, enhancing operational integrity.• Established and executed Quality Assurance Improvement Programs to maintain high audit standards and deliver value to the board and management.• Provided strategic recommendations to the board and management to strengthen internal controls, improve risk management, and achieve business objectives.• Reviewed and updated policies and process manuals to ensure control measures aligned with approved company standards and practices.• Enhanced the organizational control environment by promoting accountability and compliance with policies at all levels.• Collaborated with management and the Audit Committee to present audit findings, discuss audit plans, and recommend corrective actions for identified issues. Show less

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  Roofings Group

  Jan 2016 - Feb 2018

  Senior Internal Auditor

  • Led audit teams to deliver high-quality audit and assurance services, achieving team and individual budgets and business objectives.• Developed strategic solutions to address client needs, contributing to proposal delivery and maximizing client relationships.• Managed project financials, monitored auditing staff, and coached team members to upgrade their knowledge.

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  Bukona Agro Processors Ltd

  Jun 2021 - now

  Finance and Admin Manager

  • Managed company budgets, financial reports, and funding projections to ensure financial stability and growth.• Developed and implemented effective internal control systems to comply with statutory and fiscal requirements.• Prepared invoices, resolved billing issues, and tracked accounts payable/receivable for streamlined financial operations.