QuickBooks
Paul Mlungwe Paul
Entrepreneur/ Accountant
Arusha,Tanzania
Summary
Forward-thinking Senior Executive with proven record of accomplishment in the Finance position and music Industry. Driven and ambitious change manager dedicated to continuous business improvement focused on enhancing revenue and streamlining business operations. Diligent in driving profit maximization through multifaced business approaches.
Overview
2
2
Languages
1
1
Certification
3
3
years of post-secondary education
4
4
years of professional experience
Work History
CEO/Managing Director
Ololoo Son's Music Co. Ltd.
Arusha, Tanzania
10.2019 - Current
- Led operational oversight and budgetary supervision for two business locations.
- Spearheaded product line diversification to achieve 80% increase in revenue and penetrate wider markets.
- Devised new promotional approaches to boost customer numbers and market penetration while enhancing engagement and driving growth.
- Determined vision and strategic direction for music production area and coordinated resources to achieve targets within optimal timeframes.
- Prepared organization for forecasted demand levels through effective operational planning.
- Led strategic and business initiatives to successfully grow revenue in areas such as production of content and sales of merchandise.
- Monitored use of best practices at all levels and implemented corrective actions to bring employees into compliance.
- Built productive relationships with industry partners and competitors to support strategic business objectives.
- Identified and capitalized on short- and long-term revenue generation opportunities to maximize bottom-line profitability.
- Developed key operational initiatives to drive and maintain substantial business growth.
- Managed partnerships and strategic business relationships, including negotiating contract terms and handling conflicts.
Accounting Consultant
Arusha Medivac Ltd.
Arusha, Tanzania
01.2019 - Current
- Set up and improved accounting systems and processes to meet business needs and maximize effectiveness of operations.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating and all types of cash and banking reconciliations.
- Monitored 10-employee team while handling day-to-day accounting processes and financial accuracy.
- Conducted detailed technical and analytical review of federal/state corporate, partnership and S corporation tax returns, FAS 109 provisions, and quarterly estimates prepared by associates.
- Followed up with customers to collect specific financial information and verify details for preparation of annual 1095 forms.
- Partnered with auditors on annual audits and realized compliance with governmental tax guidelines.
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Reconciled accounts and reviewed all materials, including surplus, income, expense data, net worth and assets.
- Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement.
- Prepared documents, reports and presentations for executives and board members using advanced software proficiencies.
- Evaluated and improved accuracy and completeness of financial records.
- Brought errors to near-zero in reporting, payroll administration and general bookkeeping.
- Gathered important tax-related information, including taxable income, deductibles and allowance information.
- Collected and arranged financial information and entered details into QuickBooks financial management system.
- Maintained full accounting records compliance for health service business turning over $300,000 in revenue per year.
- Drove client satisfaction by identifying maximum adjustments, deductions and credits.
- Maintained up-to-date knowledge on permits, certificates and documents mandatory for government departments.
- Proactively researched technical tax issues related to consulting projects.
Finance Coordinator
Arusha Medivac Ltd.
Arusha, Tanzania
10.2017 - 12.2018
- Met weekly with department managers to discuss financial information according to current needs.
- Gathered and collected all financial information for business and verified accuracy in system.
- Provided support in budget preparation and contract development.
- Booked and coordinated travel plans for 2 team members.
- Avoided late penalties by scheduling payments in advance.
- Oversaw accounts payable and receivable transactions.
- Communicated corporate objectives across all divisions through regular correspondence and scheduled status updates.
- Hired, managed, developed and trained staff, established and monitored goals, conducted performance reviews and administered salaries for staff.
- Developed highly-efficient administrative team through ongoing coaching and professional development opportunities.
- Produced high-quality documents, spreadsheets and presentations for internal and customer-facing needs using MS Office suite.
- Supervised and guided new employees on bookkeeping, maintaining accounts and responded quickly to questions, which improved understanding of job responsibilities.
- Tracked and recorded expenses and reconciled accounts to maintain accurate, current and compliant financial records.
- Optimized organizational systems for payment collections, AP/AR, deposits and recordkeeping.
- Maintained accurate, current and compliant financial records by monitoring and addressing variances.
- Aggregated and analyzed data related to administrative costs to prepare budgets for corporate-level management.
- Oversaw office inventory activities, including ordering and requisitions, stocking and shipment receiving.
- Kept physical files and digitized records organized for easy updating and retrieval by authorized team members.
- Drove implementation of Quickbooks software to automate office operations, including Overdue invoice reminders, Monthly Management Reports and Payment of Monthly subscriptions.
- Interacted with customers professionally by phone, email or in-person to provide information and directed to desired staff members.
- Delivered clerical support by efficiently handling wide range of routine and special requirements.
- Managed files and records for clients and adhered to safety procedures to prevent breaches and data misuse.
Education
Bachelor of Accountancy - Accountancy
Institute Of Accountancy Arusha
Arusha, Tanzania. 10.2015 - 12.2018
Skills
Responsible
Supervision
Analytical skills
Training & Development
Written Communication
Board of directors support
QuickBooks expert
Financial statements expertise
Finance
Bookkeeping
MS Office Suite
Administrative support
Cash Flow analysis
Financial Management
Tax law understanding
Account Reconciliation
Budget Analysis
Budgeting
Superior attention to detail
Intuit QuickBooks specialist
Account reconciliation processes
Affiliations
- Rotary International
- TEDx Majengo
- Toastmasters
Software
Microsoft Office
Adobe illustrator
Adobe Premier
Garage Band
Certification
Accounting Packages Training - 3 months
Interests
Volunteering and Community Involvement
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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hobbies
- Creating Digital contents.
- Travelling.
- Drawing, sketching and painting.
- Cooking.
- Various Outdoor activities
Quote
Even if you are on the right track, you’ll get run over if you just sit there.
Will Rodgers
Timeline
CEO/Managing Director
Ololoo Son's Music Co. Ltd.
10.2019 - Current
Accounting Consultant
Arusha Medivac Ltd.
01.2019 - Current
Accounting Packages Training - 3 months
05-2018
Finance Coordinator
Arusha Medivac Ltd.
10.2017 - 12.2018
Bachelor of Accountancy - Accountancy
Institute Of Accountancy Arusha
10.2015 - 12.2018