The National Social Security Fund (NSSF) Uganda has won the Finance Team of the Year Award, beating other institutions in Uganda with similar departments.
This was announced at the Annual Accountancy Services Awards organized by the Institute of Certified Public Accountants of Uganda (ICPAU) at Imperial resort Beach Hotel, Entebbe on Friday, 7 September 2018.
The chief finance officer, Steven Mwanje who received the award on behalf of NSSF said that the recognition was another milestone for the find and that it was an indication that it was doing a good job.
“We are glad that our operations are noticed as up-to-date resulting into the fund being the first to win this award in the history of the Accountancy services Awards”, Mwanje said.
He pledged more innovative measures on the part of the fund to enhance the already good customer service.
NSSF won Finance Team of the Year Award for its systems that allowed it to conduct a monthly review of its strategy implementation, ability to have audited financial statements in place within two months, skill its staff and build their competencies in communications, data analytics and implementation of the International Financial Reporting Standard (IFRS) 9 among others.
The chief guest at the award ceremony, Obuku Ekwaro, the President of Uganda Medical Association, called upon accountants to always act ethically and with integrity.
He told accountants to cherish integrity as the core of their profession because, once public trust for the profession is lost, it would be hard to regain it.
One of the recipients of the Gold Services Award at the same event, Gerald Ssendawula in his acceptance speech also called upon accountants to desist from being used by wrong elements to engage in corruption. “Let no one create room for one to doubt your credibility”, Sendawula said.
At the same ceremony, the National Social security Fund (NSSF) was recognised for having the most outstanding Finance department/team.
Other winners included, Allan Kyambadde – Chief Finance Officer, UAP Old Mutual emerged the Youngest Accountant of the year, Gerves Ndyanabo the Chief Finance Officer – Vision Group won the CPA of the year award, George Semanda, and the founder of MultiTech Business School was awarded the Gold Service Award, and Jim Roberts and Associates emerged as the Accounting firm of the Year.