Summary
Overview
Work History
Education
Skills
Software
Accomplishments
Board Responsibilities
Appearances
Certification
Interests
References
Timeline
Generic

Anita Dancilla Umuhire

CA(SA), CPA(R), MBA
13 KG 501 St

Summary

A dynamic Chartered Accountant with over 17 years of experience in Finance gained in various sectors: banking, audit, not-for-profit and the food processing industry; spanning over South Africa, Rwanda and Kenya. I am a member in good standing with both the South African Institute of Chartered Accountants and the Institute of Certified Public Accountants of Rwanda. I have an MBA in Leadership and Sustainability and I am currently preparing for CFA level II. My strength lies in financial reporting and analysis and leadership. I currently serve as the Chief Finance Office at the Bank of Kigali, the largest commercial bank in Rwanda. I am also board member of 6 companies.

Overview

18
18
years of professional experience
12
12
Certifications
3
3
Languages

Work History

Chief Finance Officer

Bank Of Kigali
02.2023 - Current
  • Prepare accurate financial statements to analyze financial health and business performance.
  • Create, plan, and implement policies and procedures to increase productivity and maximize return on investments.
  • Improve cash flow, manage debt and build cash reserves to control costs and enhance benefits.
  • Assess the Bank's resources to keep business funded and nurture relationships with investors, lenders and key partners.
  • Devise benchmarks to align goals and strategies with underlying financials.
  • Devise systems to monitor, evaluate and track operational achievements.
  • Direct budget development and budgetary controls.
  • Implement cost reduction initiatives and process improvements to optimize efficiency and productivity.
  • Deliver forward-thinking and bold insights to enhance business assets and report financial metrics.
  • Oversee deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.

Deputy Managing Director

Inyange Industries
12.2020 - 02.2023
  • Support the development and implementation of the company's strategy and ensure its proper implementation
  • Supervise day to day management of (i) business planning & development, (ii) finance, (iii) procurement, (iv) sales and distribution of products, (v) human resources and (vi) administration
  • Support and manage the project planning process to drive approval of specific projects, resource allocation and business plans for CAPEX projects
  • Manage and maintain stakeholders' relationships by promptly and effectively handling claims, complaints and requests as the case demands
  • Attract, develop, motivate, retain, direct, deploy and monitor the performance of an effective human resource team as a key resource towards attaining company's goals and objectives
  • Enforce compliance to all policies, governing laws and industrial regulations

Finance Director

Inyange Industries
01.2018 - 12.2020
  • Direct the organizational strategy, as part of senior management (Executive Committee)
  • Responsible for the overall leadership of the finance and warehouse department of Inyange and its subsidiaries
  • Monitor and evaluate financial and budgetary performance
  • Prepare consolidated financial reports
  • Ensure effective working capital management practices
  • Develop warehouse control systems to prevent wastage, theft and fraud
  • Work aggressively on debtors for timely recovery
  • Ensure compliance with financial reporting and regulatory requirements

Head of Treasury

KCB Bank Rwanda
04.2017 - 06.2017
  • Manage the Balance Sheet and day to day liquidity and interest rate risk to support business growth.
  • Manage long-term and short-term investment strategies.
  • Manage foreign currency trading.
  • Manage all regulatory requirements.
  • Improve competitiveness through minimizing financing costs.
  • Maintain relationships with banks and develop new banking relationships.

Project Financial Expert

Regional Centre on Small Arms (RECSA), Kenya
04.2015 - 01.2017

Provided financial expertise for the African Development Bank (AfDB) funded project, including:

  • Prepared financial statements in accordance with IFRS and IPSAS
  • Prepared of the annual budget and monitoring
  • Generated a variety of standard and customized financial/accounting reports
  • Managed and prepare all disbursement documents in accordance with AfDB rules
  • Compiled finance policies and procedures

Project Manager

Urwego Opportunity Bank
02.2015 - 04.2015

Implemented the RBF Programme in terms of:

  • Identified key potential Project Developers.
  • Made contractual arrangements with private companies.
  • Conducted regular checks of the eligible private sector firms.
  • Continually monitored the progress of the project.
  • Ensured the RBF programme met targets, budgets and timelines, with appropriate reporting and evaluation.
  • Developed, completed and finalized all project deliverables.

Chief Finance Officer

Guaranty Trust Bank (GTB) Rwanda (ex. FINA Bank)
01.2014 - 10.2014

I executed the following duties for the East Africa Group: Kenya, Rwanda and Uganda, at the same time served as the Head of Finance and Administration for Rwanda:

  • Co-ordinate financial reporting
  • Preparation of consolidated financial statements
  • Preparation of the consolidated budget
  • Co-ordination of external audits
  • Preparation of policies and procedures
  • Manage and lead the finance teams
  • Central contact between the East Africa Group and the parent (Lagos)

Head of Finance & Administration

FINA Bank Rwanda (now GBT)
03.2010 - 12.2013
  • Provide leadership by setting and implementing the Bank’s strategic and operating plans
  • Communicate with the Board, shareholders and external parties in a timely manner, ensuring that all reporting responsibilities are properly discharged
  • Financial Management: planning, reporting, cost management, performance management
  • Ensure that proper systems are in place to identify and manage business risks and that such risks are within the guidelines set by the Board

Administration:

  • Oversight of the tender process.
  • Ensure cost efficiency and effective purchasing by obtaining requirements; negotiating price, quality, and delivery; approving invoices.
  • Managing the bank’s inventory, property, plant and equipment.
  • Provide historical reference by developing and utilizing filing and retrieval systems.
  • Ensure that contracts are respected and updated.

Audit Supervisor

Ernst & Young, South Africa
01.2007 - 01.2010
  • Audit planning and risk identification
  • Strategy and risk assessment
  • Conclusion and Reporting

Audits supervised:

• Investec Property Limited – turnover: $ 36 million

• AngloGold Ashanti (Treasury) - $ 337 million Mark-to-Market loss

• Xstrata (Rhovan Operation) – turnover: $ 56 million

Other companies audited: ABSA Retail Services, Channel Life, Coca Cola, Transpaco, Spescom, Johnson Diversey, Metro Cash and Carry, Ericsson (Congo – Brazzaville), Denel, Afrisam, Lonmin

Education

University of Cumbria (Robert Kennedy College), UK, 2016

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The University of The Witwatersrand, SA, 2006 

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The University of The Witwatersrand, SA, 2005 

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St Mary’s DSG, SA, 2002 

Skills

    MS Office

Leadership

Team-work

Adaptability

Project Management

Mentoring and training

Problem solving skills

Strategic planning

Effective leader

Software

Accomplishments

Accomplishments:

  • 2025 Nominee - CFO Awards East Africa


Accomplishments while at the Bank of Kigali:

  • Reduced the cost-to-income ratio from 45% (FY2022) to 37% (FY2022)
  • Automation of regulatory reporting and business reporting
  • Development and implementation of Funds Transfer Pricing methodology


Accomplishments while at Inyange:

Key projects delivered:

  • Acquisition of Mukamira Dairy Ltd (50K liters processing capacity)
  • Acquisition of Giheke Dairy Ltd (10K liters processing capacity)
  • Establishment of a Milk Powder Plant (500K liters processing capacity)
  • Products launched: mineral & sparkling water in a glass bottle, Water-zones/Inyange-Zones
  • Establishment and implementation of a Performance Management system
  • Development of the 2021-24 Strategy

Financial results achieved:

  • 33% increase in revenue
  • 35% increase in gross profit
  • 102% growth in total assets
  • 30 days improvement in collection days

Board Responsibilities

  • November 2024 - Present: Rwanda Broadcasting Agency (RBA) (Board Member & Chairperson of the Governance, Audit & Risk Committee)
  • January 2024 - Present: Akagera Game Lodge - (Board Member & Chairperson of the Audit Committee)
  • February 2024 - Present: Access to Finance Rwanda (Board Member)
  • May 2021 - Present: CIMERWA (Board Member & Chairperson of the Investment Committee)
  • January 2021 - Present: INTARE INVESTMENTS (Board Member & Chairperson of the Audit Committee)
  • January 2019 - Present: GIHEKE DAIRY (Board Member)


Appearances

  • Speaker - The 2nd CFOs Forum (August 2024)
  • Featured in CFO East Africa Magazine (2nd Edition 2024)
  • Speaker - CFO East Africa: Rwanda Summit (March 2025)

Certification

Bullet-Proof Manager course (Ongoing)

Interests

Travelling (visited over 20 countries)

Reading

Exercising (running)

References

Mr. Prosper Mpofu, Johannesburg Housing Company, Chief Finance Officer
prosper@jhc.co.za
+27826021205


Mrs. Kampeta Pitchette Sayinzoga, Development Bank of Rwanda, CEO
ksayinzoga@yahoo.com
+250788312112


Mrs. Iza Irame, Crystal Ventures, Chief Investment Officer
iirame@cvl.co.rw
+250788308511

Timeline

The 2nd Financial Services Sector Training Conference

12-2024

Certificate of Participation, IFRS Masterclass

11-2023

Chief Finance Officer

Bank Of Kigali
02.2023 - Current

Certificate of Participation, 6th Bi-Annual Tax Training Workshop

07-2022

Certificate of Participation, 3rd ICPAR Economic & Professional Skills Training Symposium

05-2022

Bullet-Proof Manager course (Ongoing)

01-2022

Certificate of Participation, 11th Annual tax training workshop

01-2022

Certificate of Participation, 2nd ICPAR Economic & Professional Skills Training Symposium

05-2021

Deputy Managing Director

Inyange Industries
12.2020 - 02.2023

Certificate of Participation, effective leadership in a crisis

10-2020

Certificate of Participation, International Financial Reporting Standards Workshop

01-2018

Finance Director

Inyange Industries
01.2018 - 12.2020

Head of Treasury

KCB Bank Rwanda
04.2017 - 06.2017

Project Financial Expert

Regional Centre on Small Arms (RECSA), Kenya
04.2015 - 01.2017

Project Manager

Urwego Opportunity Bank
02.2015 - 04.2015

Chief Finance Officer

Guaranty Trust Bank (GTB) Rwanda (ex. FINA Bank)
01.2014 - 10.2014

Certificate of Participation, Leading High PerformanceTeams

05-2013

Certificate of Completion, Advanced Excel for Finance Professionals

03-2013

Certificate of Participation, Five Essentials for Leadership Success

10-2011

Head of Finance & Administration

FINA Bank Rwanda (now GBT)
03.2010 - 12.2013

Audit Supervisor

Ernst & Young, South Africa
01.2007 - 01.2010

University of Cumbria (Robert Kennedy College), UK, 2016

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The University of The Witwatersrand, SA, 2006 

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The University of The Witwatersrand, SA, 2005 

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St Mary’s DSG, SA, 2002 
Anita Dancilla UmuhireCA(SA), CPA(R), MBA