MICHAEL MUNGE

Experience

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  Barclays

  Aug 2007 - Aug 2008

  Retail support
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  PwC

  Sept 2008 - Jun 2013

  Senior Associate

  • Project management and financial monitoring through preparation of audit work plans and budgets• Field team leadership, training and coaching skills• Preparation and review of single and group financial statements in accordance with International Financial Reporting Standards• Review of clients’ corporate tax computations and other compliance requirements • Review of financial controls and systems

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  UAP HOLDINGS LIMITED

  Jul 2013 - May 2015

  Group Financial Reporting

  As the Group Financial Reporting Manager I was in charge of:1. Group financial reporting2. Group shared services3. Group treasury and investments4. Group Finance Processes, Internal Controls and ComplianceAs a senior associate at PricewaterhouseCoopers (Kenya) I acquired the following skills:1. Project management and financial monitoring through preparation of audit work plans and budgets2. Field team leadership3. Preparation and review of single and group financial statements in accordance with International Financial Reporting Standards4. Review of clients’ corporate tax computations and other compliance requirements 5. Review of financial controls and systems6. Training and coaching skills Show less

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  UAP INSURANCE RWANDA

  Jun 2015 - Jan 2017

  FINANCE MANAGER

  1.Advising the management and board on all the financial matters including strategy, budgeting, investments and cash flow management2.Development and implementation of robust accounting systems that are embedded with appropriate controls to safeguard the company’s assets and ensure accurate and timely reporting.3.In charge of the preparation of strategy, annual budgets and long term business plans and ensure that all departments and units comply with strategy and budgetary provisions4.Establishment and monitoring the implementation of an effective and robust treasury management system and investment strategy that secures company funds whilst maximising profitability and facilitating effective cash flow management and compliance with the Rwandan Insurance Act.5.Management of the company’s cash flows in order to meet all liabilities as they may fall due. This includes effective asset and liability management in order to match the maturity profiles of assets and liabilities.6.Management of the company’s credit policy and effective follow up of debts to ensure effective debt collection and timely investment of the same to maximise investment returns7.Development and supervision of an effective and efficient procurement function that ensures company resources are utilised in the most cost effective way without compromising quality.8.Training, coaching, motivation and supervision of staff9.Ensuring compliance with statutory provisions in respect to financial reporting, taxation, other statutory payments and the Insurance Act10.Liaise with external auditors on audit activities of the company11.Filing of all the necessary returns with the National Bank of Rwanda (BNR)12.Ensuring compliance of the company with all legal requirements Show less

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  BRITAM HOLDINGS LIMITED

  Feb 2017 - now

  1.Provide financial expertise in the process of strategy formulation and review including provision of detailed trend, market and competitor analysis2.Review monthly subsidiary financial performance reports against strategy and highlighting those that are deviating for corrective action to be taken3.Performing trend analysis in order to project future performance and advice senior management on negative trends that would hamper the achievement of the set targets4.Lead the budgeting cycle for the group as a whole and review each subsidiary budget to ensure the budgets set incorporate stretch targets that are realistic, reflect the market and are achievable.5.Provide oversight over the cash flow position of the group and advice on effective deployment of capital.6.Support the development, implementation and compliance of group wide financial policies and procedures.7.Oversee the accurate, complete and timely preparation of statutory annual reports, monthly management accounts, board reports and group consolidated financial statements; including working with external auditors.8.Lead the implementation or upgrading of appropriate financial accounting systems, processes and controls for a new business to the relevant statutory and regulatory standards.9.Provide financial expertise and oversight of the procurement function and ensure the group resources are utilised in the most cost effective way without compromising quality.10.Provide financial expertise and oversight of the centralised payments function and ensure the group resources are utilised in the most cost effective way.11.Compliance with taxation and regulatory requirements.12.Review and recommend the training needs for employees within the group’s finance teams.13.Support intra-group transitions and reconciliation. Show less

  • Chief Finance Officer - Britam General Insurance

    Nov 2022 - now

  • Head of Finance Shared Services

    Sept 2021 - Oct 2022

  • Group Finance Manager

    Feb 2017 - Aug 2021