Amara, a chartered accountant by training is the Founder of Amara Holdings Limited, a conglomerate with interests in mainly accounting and tax advisory (Woodhask CPAs), manufacturing and real estate. He became a member of ICPAU in 2016 and has since offered insightful, valuable and well-tailored solutions to a multifaceted dynamic portfolio (including listed and Group structured Companies) of Audit & Tax clients ranging from Consumer Industrial Markets and Energy and Natural Resources among others with strong analytical skills and a firm grip on IFRSs, tax and other industry specific regulatory and compliance requirements. Prior to founding Amara Holdings Limited, he was an Audit Executive at Grant Thornton - Uganda office where he worked for over 4 years and gained in-depth experience. He practiced with Gold gate, KKS and FCK for about 2 years at the start of his consultancy career.Besides his audit career, he has worked as a financial crime investigator at the Uganda Revenue Authority (URA), investigating profiled cases of suspected tax fraud and gathering admissible evidence to aid in the prosecution of tax offenders.His hallmark is the tireless dedication to the perfection of his trade!
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Founder And PartnerAmara PartnersKampala, Ug -
Founder & Managing PartnerWoodhask Certified Public Accountants May 2021 - PresentKampala, UgandaI lead a dedicated team of professionals in delivering comprehensive accounting, audit, tax advisory, and financial management services to a diverse portfolio of clients. With a strong focus on innovation, integrity, and client success, I oversee all aspects of the firm’s operations, from strategic planning and business development to client engagement and service delivery.My role involves providing tailored solutions that meet the unique needs of each client, leveraging extensive experience in audit and assurance, financial reporting, tax management, and advisory services. I am committed to maintaining the highest standards of professionalism and ethical conduct, ensuring that our firm consistently exceeds client expectations and fosters long-term partnerships. -
Financial Crime InvestigatorUganda Revenue Authority (Ura) Jun 2022 - Apr 2024Kampala, UgandaI played a role in investigating complex financial crimes, including tax fraud and illicit financial flows. My responsibilities included conducting input-output analysis to determine accurate production and sales figures, following money trails to curb financial crimes, and analyzing both physical and electronic data to compile evidence for prosecution.I performed detailed financial analysis of large taxpayers' financial statements using advanced tools like IDEA, ensuring compliance with IFRS and Uganda's legal framework. I also conducted periodic tax compliance reviews on high-risk multinationals, identifying significant non-compliance risks.My role involved preparing Investigation Planning Memoranda and managing the Investigation Operations budget. I carried out search and seizure operations to obtain original business records, performed comparative financial analyses, and compiled data from clients, third parties, and internal sources to identify inconsistencies.I was responsible for preparing comprehensive reports, including Preliminary Investigation Reports, Final Investigation Reports, Prosecution Reports, and Management Letters. These reports informed decision-making and facilitated the collection of outstanding taxes. Additionally, I managed stakeholder relationships by arranging meetings and knowledge-sharing sessions to ensure collaboration throughout the investigative process.My tenure at URA deepened my expertise in financial crime investigation, risk management, and tax compliance, contributing to the enforcement of Uganda’s tax laws and the protection of public revenue. -
Audit ExecutiveGrant Thornton Llp Jan 2020 - May 2021Responsible for managing and executing complex audit engagements across various industries. The role encompasses the entire audit process, from planning and risk assessment to execution and reporting, ensuring all engagements adhere to high standards of quality and compliance.Key responsibilities include:Audit Planning and Execution: Developing and implementing tailored audit plans, conducting thorough risk assessments, and designing audit strategies that provide comprehensive coverage of key areas.Financial Analysis and Reporting: Performing detailed analysis of financial statements and business records to ensure compliance with International Financial Reporting Standards (IFRS) and local regulations. Identifying discrepancies, evaluating internal controls, and providing actionable insights to enhance financial accuracy.Client Engagement: Serving as the primary point of contact for clients during audit engagements, managing relationships, and ensuring clear communication. Providing clients with detailed audit findings and recommendations to improve their financial reporting practices.Team Collaboration and Mentorship: Working closely with junior auditors, providing guidance and mentorship to ensure the successful completion of audit tasks. Collaborating with senior management to align audit objectives with business goals.Compliance and Quality Assurance: Ensuring all audits are conducted in strict accordance with Grant Thornton’s methodologies and industry best practices, with a strong focus on maintaining quality assurance.This role hones expertise in audit and assurance, financial analysis, and client management, enabling the delivery of high-quality audit services that support business success. -
Senior Audit AssociateGrant Thornton Llp Jan 2019 - Dec 2019Kampala, Uganda -
Audit Associate IiGrant Thornton Llp Jan 2018 - Dec 2018Kampala -
Audit Associate IGrant Thornton Llp Apr 2017 - Dec 2017Uganda -
Audit Apprentice| Audit Intern| Audit AssociateGold Gate| Fck & Associates| Kks Feb 2016 - Apr 2017Kampala, Uganda
Amara Oto Skills
Amara Oto Education Details
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The Institute Of Certified Public Accountants Of UgandaCertified Tax Advisory -
Master Of Business Administration - Mba -
The Institute Of Certified Public Accoutants Of UgandaAward Winning Student
Frequently Asked Questions about Amara Oto
What company does Amara Oto work for?
Amara Oto works for Amara Partners
What is Amara Oto's role at the current company?
Amara Oto's current role is Founder and Partner.
What schools did Amara Oto attend?
Amara Oto attended The Institute Of Certified Public Accountants Of Uganda, Makerere University, The Institute Of Certified Public Accoutants Of Uganda, Ntare School Mbarara.
What skills is Amara Oto known for?
Amara Oto has skills like Basic Computer, Financial Reporting, Performance Management, Financial Management, Taxation Advice, Microsoft Office.
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