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Innocent BalabaIB
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Innocent Balaba

@innocentbalaba

Finance Analyst at REDSALT ANGEL INVESTMENT NETWORK, supporting Uganda and Sierra Leone with budgeting, investment analysis, and financial reporting.

Uganda
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What I'm looking for

I’m seeking a finance role where I can support sound financial strategy, compliance, and operational decision-making across programs or investments.

At REDSALT ANGEL INVESTMENT NETWORK, I lead budgeting, forecasting, and cash flow management for country operations supporting Uganda and Sierra Leone. I also prepare financial analyses and investment memos for senior leadership and potential co-investors.

At the Program for Accessible Health Communication and Education, I provided strategic direction across finance and operations for donor-funded programs, including USAID, CDC, and Global Fund initiatives. I developed budgets and financial reports, strengthened compliance and controls, and supported audits and grant proposals.

Earlier, at Humanitarian OpenStreetMap Team, I managed regional finance and administration across Uganda, Tanzania, and DRC. I drafted finance policies for Uganda and Tanzania and designed cost-management processes that reduced the risk of fraud and other financial irregularities by 50%.

Experience

Work history, roles, and key accomplishments

RR
Current

Finance Analyst

RedSalt Angel Investment Network (R.A.I.N)

Mar 2025 - Present (1 year 7 months)

Lead budgeting, forecasting, and cash flow management for RAIN's country operations, ensuring alignment with strategic objectives and investor requirements. Prepare monthly, quarterly, and annual financial statements and management reports; reconcile accounts and perform variance analyses.

PA

Finance Consultant

PACE

Feb 2025 - Mar 2025 (1 month)

Oversaw the reconciliation, review, and closure of FY2025 accounts, ensuring completeness, accuracy, and audit readiness of financial records. Led the preparation of financial statements for submission to management and external auditors.

PE

Finance Manager

Program for Accessible Health Communication and Education

Oct 2022 - Dec 2024 (2 years 2 months)

Provided strategic direction and leadership to the organization's operational, finance, supply chain, and information technology departments. Led the annual budget development process and ensured compliance of program expenditures with approved budgets.

NO

Finance & Administration Consultant

NORC

Nov 2024 - Nov 2024 (0 months)

Played a key role in the development and presentation of a USD 60 million USAID strategic information activity proposal to the U.S. embassy in Uganda. Participated in proposal budgeting and budget review processes, ensuring alignment with USAID cost principles and financial compliance requirements.

NC

Finance Coordinator

Norwegian Refugee Council

Jul 2021 - Oct 2022 (1 year 3 months)

Efficiently led and transformed the finance function in the Kampala and Southwestern offices, driving the finance team to surpass organizational objectives. Championed the program's annual budget development process, ensuring strict compliance with approved budgets and precise allocation of costs.

WR

Senior Finance Officer / Deputy Finance Manager

Wageningen University and Research

Jan 2017 - Oct 2019 (2 years 9 months)

Provided comprehensive and strategic financial compliance, budgeting, and reporting guidance to the senior management team, program staff, and sub-grantees. Managed a team of finance professionals accountable for monthly closure, management reporting, and process improvement.

PP

Finance and Administration Officer

Program for Accessible Health Communication and Education (P

Mar 2014 - Jan 2017 (2 years 10 months)

Prepared comprehensive monthly financial reports, encompassing bank, clearing account, travel advance aging reports, mobile money, budget vs. expenditure, and inventory reconciliations. Initiated and executed internal controls for Inventory Control, overseeing monthly, quarterly, and year-end inventory audits.

PP

Assistant Treasury Accountant

Program for Accessible Health Communication and Education (P

Aug 2013 - Feb 2014 (6 months)

Assisted in treasury accounting functions, ensuring accurate and timely financial transactions.

PP

Accounts Assistant

Program for Accessible Health Communication and Education (P

Jun 2011 - Jul 2013 (2 years 1 month)

Supported accounting functions, maintaining financial records and assisting with financial reporting.

Education

Degrees, certifications, and relevant coursework

IU

ICPAU & Data House Uganda

Financial Reporting Using Microsoft Excel Course, Financial Reporting

Completed a course on Financial Reporting Using Microsoft Excel in 2016.

Association of Certified Fraud Examiners logoAE

Association of Certified Fraud Examiners

Certified Fraud Examiner, Fraud Examination

Member of the Association of Certified Fraud Examiners.

CA

Certified Public Accountant

Certified Public Accountant, Accounting

Certified Public Accountant designation.

Tech stack

Software and tools used professionally

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