Philip Muhereza

Experience

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  National Water & Sewerage Corporation (NWSC)

  Jun 2010 - Aug 2010

  Student Volunteer

  As a trainee, I entered issued receipts into accounting software and generated weekly reports. Assisted in preparing bank reconciliation statements. Read water meters to determine consumption for billing, distributed water bills, and managed stock item issuance. Participated in annual stock-taking exercises.

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  Uganda Investment Authority

  Dec 2011 - May 2018

  As an Investment Executive - Finance (Accountant), managed monthly bank and ledger account reconciliations. Handled billing for leased land in industrial parks, presenting quarterly lease receivables reports. Prepared and presented interim Financial Statements and Quarterly income/expenditure reports. Conducted online payments to service providers, supervised the inventory system's functionality, and appraised investment applications for land allocation. Coordinated communication with external auditors. Show less

  • Investment Executive - Finance

    Feb 2013 - May 2018

  • Trainee

    Dec 2011 - Feb 2013
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  UIA STAFF SACCO

  Jul 2014 - Mar 2019

  Treasurer

  As the SACCO Treasurer, ensured adherence to established policies and bylaws. Conducted monthly bank and account reconciliations. Prepared loan amortization schedules and maintained up-to-date individual ledgers for Shares, Savings, and Loans. Submitted precise monthly loan recovery data to HR. Generated quarterly management reports informing policy decisions for SACCO efficiency.

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  Uganda National Roads Authority (UNRA)

  May 2018 - Apr 2023

  Accountant

  As an Accountant, I provided guidance to Management on budgeting and executed quarterly and annual budget plans. Produced monthly and quarterly budget performance reports for management review. Processed payments to service providers and statutory authorities in compliance with agreements and organizational procedures. Safeguarded Authority assets through regular updates to fixed asset registers and physical asset verifications. Addressed auditor inquiries and implemented audit recommendations. Oversaw the performance of direct reports. Show less

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  UNRA STAFF SACCO

  Apr 2021 - now

  Member of the Supervisory Board

  As a Supervisory Committee member, ensured adherence to regulatory requirements and committee policies. Delivered audit opinions on financial statements and SACCO administration to Annual General Meetings. Evaluated internal controls and proposed enhancements.

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  UNRA Retirement Benefits Scheme

  Nov 2021 - Jun 2023

  Member Board of Trustees

  Managed a team of Fund Managers achieving an annual ROI of over 11%. Implemented operational policies, procedures, and strategic plans to streamline scheme operations. Conducted cash flow planning to ensure liquidity. Facilitated member payments via online banking. Provided Financial Literacy training to RBS Members, resulting in a 30% increase in Additional Voluntary Savings.

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  MOGAS Group

  Apr 2023 - now

  Group Manager Budgeting and Reporting

  As a Group Manager for Budgeting and Reporting, I oversee the budgeting process for seven operating companies in East Africa and beyond, consolidating group positions. Conducted monthly performance reviews, implementing corrective actions as needed. Coordinated annual financial audits for both individual companies and the consolidated group, ensuring accurate and timely reports. Cultivated financial relationships with institutions for group banking facilities and managed cash flow forecasts. Handled stakeholder interactions with tax authorities, government agencies, and financial institutions for compliance. Played a key role in capital raising through private equity investors and mezzanine debt arrangements. Ensured a robust financial framework and internal controls within the group to mitigate financial risks and uphold established standards. Show less