GEORGE WAMONJE

An experienced and highly energetic individual who has worked across diverse cultures. Over 25 years of financial experience, 16 of which have been gained in two of the most prestigious SATELLITE Internet providers in Africa. Stationed in Kenya, Nigeria, Tanzania and Uganda with some of the responsibilities being set up functional subsidiaries from scratch, in line with each country’s tax regulations. Seeking a role that will drive and achieve career growth, to develop and attain career fulfillment.

• Capricorn Digital Ltd, Chief Finance Officer, Oversee the overall relationship between the organization and the bank and submission of periodic reports, Leads the organization in sourcing and negotiating terms with lenders for Working capital., Manage relationships with banks and other financial institutions regarding fundings and investments, Leads planning and budget making process., Negotiations with major suppliers in respect of costs and payment terms, Overall planning of the organization’s liquidity right from payments to receivables, Approval of company expenses
• Simba Corporation Ltd, Treasury Manager, Oversee the overall relationship between the organization and the bank and submission of periodic reports, Overall planning of the organization’s liquidity right from payments to receivables, Approval of company expenses
• Imarasat Ltd, Finance Manager, Participated in negotiation of contracts with key suppliers and contractors and agreeing credit terms and general terms and conditions of the agreement, Met demanding reporting deadlines on budgets, monthly management accounts, regulatory compliance, year-end financial statements and ratio analysis., Spearheaded installation of SOLID ERP, Finsys Accounting System and general setting up of the company’s internal control systems., Contributed to budget making process including initiating effective review of the company performance by constantly monitoring actual performance versus budget.
• IWayafrica Nigeria Ltd, General Manager, Adoption of Key Performance indicators to monitor overall organizational performance in sales, customer support, reporting and customer satisfaction., Implemented measures to stabilize revenue by controlling churn and changing the product mix amid difficult market conditions, Developed efficient and effective distribution network within the country which reduced Vsat acquisition costs and speedy installation by identifying and training field engineers, Implemented an efficient equipment stock control system and bandwidth capacity controls to ensure timely installations and delivery targets whilst minimizing stock and bandwidth holding costs
• IWayafrica Tanzania Ltd, Finance & Admin Manager, Improved debtor days from 300 days to 30 days in a period of 1 year while at the same time lowering creditor days., Reduced delays in submission of monthly financial reports to being the first one in the group to report (for the whole of 2009/2010 financial year), Implemented the SOLID billing software which in turn improved the installation and billing and collection cycle., Completed 3 years of audited accounts and Tax audit by Tanzania Revenue Authority without incurring penalties and fines were paid and a clean report issued.
• IWayafrica Nigeria Ltd, Assistant General Manager, Set up the company from inception in 2004 to become the largest VSAT Company in Nigeria by number of VSAT terminals., Improved the financial reporting systems to meet stringent deadline2 by implementing robust ERP system and installation of SAP accounting and reporting system., Spearheaded the due diligence process that led to the successful merger of iWayafrica Nigeria Ltd with Mweb Nigeria Ltd.