Ismail Katamba

Experience

• 

  Mandela Group of Companies

  Feb 2014 - Apr 2019

   Executed strategic tax planning initiatives, reducing company tax liabilities by 40% and maximizing tax efficiency. Conducted weekly revenue reconciliations, maintaining financial integrity, and providing actionable insights. Prepared monthly and quarterly management accounts, profit & loss, balance sheet and cash flow statements. Successfully managed vendor payments processing and management. Collaborated with cross-functional teams, ensuring 100% approval rate for reviewed expenditures and timely and accurate.financial reporting. Led a team of account assistants to ensure availability of timely financial information and attained 95% billing accuracy for customers and other funders. Ensured process improvements and effective implementation of internal controls. Show less  Maintained 95% accuracy in preparing and submitting monthly financial reports and providing vital information for management decision-making. Achieved 86 % accountability for staff accounts through effective archiving of financial documents and tracking and reconciling of staff advances. Reviewed accounts payable/receivable processes, ensuring 100% transaction processing and financial accuracy. Assisted in resolving tax audit queries, attending reconciliation meetings, and preventing substantial tax debts, ensuring regulatory compliance. Performed monthly account reconciliations and journal entries with 100% accuracy, preventing financial discrepancies and minimal student complaints regarding their account balances. Maintained an up-to-date fixed asset register leading to 99% support during capital expenditure decisions by management. Attained 95% success rate in external audits by proficiently preparing and reviewing financial statements, reconciling general ledger and sub ledgers, and resolving audit queries in a timely manner. Show less  Achieved 97% success rate in cash disbursement and revenue receipting into quick books accounting software. Performed daily cash account reconciliations achieving 100% accuracy, preventing financial discrepancies, and enabling establishment of timely cash needs. Achieved 98% customer billing accuracy and timely processing of payments. Updated the computerized accounting system with all company financial transactions. Supported the budgeting process through provision of relevant costs, budgeting assumptions and forecasts. Supported the preparation for and execution of statutory audits by the entity external auditors. Prepared monthly tax schedules and submitted them to the accountant for review. Show less

  • Senior Accountant

    Jul 2017 - Apr 2019

  • Accountant

    Feb 2015 - Jun 2017

  • Assistant Accountant

    Feb 2014 - Jan 2015
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  Uganda Revenue Authority (URA)

  Apr 2019 - Aug 2023

  Domestic Tax officer

   Conducted comprehensive reviews of tax returns for corporate, partnership, and individual entities, ensuring strict adherence to regulatory guidelines and laws. Implemented rigorous audit procedures, encompassing correspondence, office, and field audits, resulting in an impressive 70% increase in compliance rates. Collaborated closely with the Legal Department, strategizing, and preparing for tax litigation cases, achieving an exceptional 90% success rate in tax appeals tribunals and courts. Executed detailed examinations of taxpayer returns, conducted reconciliation meetings, and issued assessments, contributing to a notable 60% increase in accurate tax collection. Utilized advanced accounting and information systems for data extraction, conducting audits and analyses, consequently enhancing tax query resolution efficiency by a remarkable 95%. Identified and resolved complex tax issues through comprehensive research, thereby improving taxpayer engagement and compliance levels. Show less

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  Illinois Gaming Board

  Sept 2024 - now

  Accountant

  As an accountant for the Illinois Gaming Board, I am responsible for ensuring the accurate and efficient processing of all gaming-related receipts . My core responsibilities include: Monitoring, Recording, and Processing Receipts: Oversee and manage all Illinois Gaming Board receipts, ensuring compliance with established regulations and procedures. Reviewing Tax Schedules: Analyse and verify detailed tax schedules submitted by gaming licensees for accuracy, ensuring all data adheres to submission standards and regulatory requirements. Receipt Processing: Process and reconcile all receipts with precision, maintaining comprehensive and up-to-date records for transparency and accountability.In this role, I contribute to maintaining the integrity and efficiency of the Illinois Gaming Board’s financial operations, supporting compliance, and fostering trust within the gaming industry Show less