Managing Partner
NASTR Financial Services
Total years of experience :24 years, 11 Months
I provide consulting services to various institutions and individuals for NASTR Financial Services. A firm that was solely established for
to provide consultancy services in financial linkages, agribusiness and value chains, best practices for finance and health, all for the aim of eradicating poverty through creating value for money. To achieve this, NASTR has a team of individual who listen to readily transform our clientèle needs into our own desires, making them part of our business with only one aim, finding solutions the most complex financial needs of society. The team is experienced in various fields to ensure that we provide a single source for all desired information for those that engage us from time to time
Our work rotates around the provision of Packaging and moving services mainly to the locals with in the boarders at the most affordable cost, adding value and saving them time and resources, in an industry that has been predominantly run by foreign multinationals.
I have a team of technical staff in this field that i have personally trained, having worked with the best moving company in Uganda - AGS Frazers International with over 21 offices across the globe.
Our vision is that "we aim to give the best service for the lowest pay" and this is driven by our love to see the industry grow and provide employment to the many Ugandans that have studies so much but find it had to be accepted in organizations without experience. We acknowledge the fact that experience is not sold but rather acquired and then grace ourselves to be one of the few engaged in an industry whose learning curve is quite almost the same between individuals and takes quite a short time to master the basics.
My Contribution
Ensuring that the clearing function of the bank is well taken care for, causes no financial loss to the organization since the unit only contributes as a cost centre to the organization. And this was achieved through;
•Strengthening internal controls
•Contributed towards building new processes of handing the bank’s clearing function with the use of experience and exposure
Uganda Industry: Banking Role:
ATM / Money-gram Officer and the In-charge of Reconciliation
I worked as a “Recoveries Officer” with the main aim of cutting down on the growing non paid loans and to avert would be bad debts. Before this, I was a Financial Accountant in the Finance department with duties involving BOU reporting of “Daily FX Position”, “Daily FX Monitoring”, “Weekly Cash Reserve”, “Derivative” and “ Weekly Liquidity” reports, reconciling Nostro and Vostro accounts, monitoring Income leakages, and reviewing internal accounts and sundry accounts among others.
Detailed roles at Bank of Africa Ug Ltd
•reconciling the bank’s Nostro accounts on a daily basis for management planning purposes.
•Review bank-wide entries for income leakage
•Reviewing departmental waste for correctness and fraud.
•Making customer call backs thus relationship and confidence building between the bank and its clientile
•Booking treasury bills and treasury bonds for the bank and its customers with the Central bank.
•Processing and costing Bank customer ATM cards
•Preparation of the Bank of Uganda statutory daily and monthly reports
•Processing Money gram monthly commissions
•Processing outward and inward local electronic funds through both the RTGS SWIFT and EFT payment systems to and from customer accounts.
•Check for and report all frauds and forgeries coming in from other banks through the clearing house.
•Effecting payment to all bank suppliers as and when required.
•Managing petty cash for Head office miscellaneous expenses.
Achievements:
-Improved internal controls in the clearing department and the payments / procurement section at the time
-Elected secretary to the clearing House committee in BOU for 2011/12.
-I have been at the fore front of newly introduced ATM software, training staff at all levels -Identified as a risk Champion for the operations team
-Some of the policies being used to day in the Automated Clearing House are those that were implemented by myself and the team on the committee back then and more in the pipeline like truncation.
Overview
AGS Frazer’s International is a French company with a line of country branches in more than 80 countries worldwide whose business rotates around packing and removals of personal effects around the world. The business targets individuals who move from country to country and those individuals that may be moving locally with in a particular country locally.
Specific duties while at AGS Frazer’s International
•Managing the warehouse and Filing and handling of warehouse records
•Inventory management
•Material requisitions and stock control
•Supervising crating, loading of shipments and packing
•Maintenance and service of Warehouse equipment.
•Preparation of warehouse monthly reports
•Handling items in storage
•Handling inward and outward clearing shipment and preparation of shipment for air and sea freights
•Supervising all technical staff and ensure a clear smooth clientele relationship during all packing sessions.
This course is an online course from Alison Courses. On of those accredited colleges that offers course at the comfort of one's timetable. This knowledge am acquiring is supposed to guide more on how to handle projects in terms of managing people, resources, time and coordinating and working amongst a diversity of elements that keep at play for the best results
Bachelor's Degree in Business Administrations majoring in Banking, Finance and Insurance from on of the most influential business Colleges in Uganda.
