Zambia
With over 15 years work experience, I have worked across a number of sectors including, audit assurance services, manufacturing and the financial services sector. I have held various positions including Director Finance and Company Secretary for Afrox Zambia Limited (Zambia’s leading gas manufacturer), Senior Auditor at PricewaterhouseCoopers (PwC) and currently working as Director Finance at Zambia National Building Society. My work experience includes financial accounting and reporting, external audit, corporate strategic planning, assets and liability management and treasury management.Currently a member of the Finance and Investments Committee of the Board of the National Prosecution Authority representing the Zambia Institute of Chartered Accountants
Major Responsibilities include the following; • Ensure that Prudential reports are submitted to Bank of Zambia on a timely basis. • Ensure the timely preparation of Audited Annual Financial Statements for presentation to the Board of Directors. • Coordinate the annual external audit • Ensure adherence of ZNBS to all statutory payments. • Oversee the Assets and Liabilities Management (ALM) function of the Institution including effective monitoring and reporting of capital adequacy, liquidity , capital funds planning and contingency fund planning. • Source for long term affordable funds to support the business. • Develop the departmental Annual Work Plan against set budget objectives/policies • Coordinate the budgeting process and ensure the budget is approved before the commencement of a new financial year. • Corporate Planning -Provide strategic direction to the planning process, and ensure that ZNBS plans are in alignment with ZNBS mission, vision, goals and objectives. • Monitor on a quarterly basis the achievement of corporate strategic plans for the institution. • Performance management for the Finance directorate.
My responsibilities included: Risk Management • Conduct risk management review for key strategic risks at least once per quarter • Identify mitigation plans to minimize the potential impact of the identified risks and follow up on the effectiveness of the mitigation plans Internal & External Audit • Prepare for and coordinate external audits • Ensure that all findings identified during external audits are closed timely • Conduct branch audits and report on any issues identified. Assist the branch to resolve issues identified. • Report on the status of internal audit findings to the Group internal audit team at head office Board Duties • Preparation of the Board pack for Board meetings • Preparation and circulation of Board meeting minutes • Maintaining and updating of the Directors register and Directors Interests register • Preparation and submission of annual returns to PACRA • Filling of changes to the Board of Directors to PACRA Other Duties • Coordinate the annual budgeting process and monitor compliance to budget via variance analysis. • Part of the bargaining unit representing management during union negotiations annually. • Prepare the year-end tax computation for the annual financial statements • Communicate monthly and annual targets to department and monitor performance on a monthly basis • Manage the relationship with the insurance broker AON Zambia including assessing the adequacy of insurance cover annually. • Follow up on any long outstanding debt to ensure that over 90 days debt as a percentage of total debt is kept under 15% • Tax administration Reporting • Prepare the annual financial statements for the Company. • Preparation of management reports on a monthly basis including GAP savings reporting
Job description same as for Finance Director/Company Secretary
Major Responsibilities included the following: • Identification of business risks and development of mitigation plans. Ensuring that quarterly updates are sent to the Parent Company • Conducting internal audit checks at the all branches • Monitoring and reporting on the status of closure from Internal and external Audits • Preparing monthly management accounts for reporting to Parent Company • Preparation of Annual Financial Statements • Computation of Company tax • Preparation for and active participation during the financial year end audit • Review of all costing accounting • Monitoring stock costs and advising for prices changes • Preparation and supervision of stock counts • Accounting for all financial transactions for the DRC branch • Ensuring tax compliance in the DRC
Major Responsibilities included the following: • Carrying out pre audit reviews to assess clients’ readiness for audit. • Planning for Audits. • Assessing respective client internal control environments • Assessing the adequacy of internal controls in place and recommending improvements to internal controls in place. • Preparation and review financial statements to ensure compliance with International Accounting Standards, other applicable laws and relevant agreements. • Preparation of matters for manager/partner attention as regards issues identified on an audit • Preparation of a memorandum of adjustments to rectify errors to clients accounting records Major client handled included Zambia Metal Fabricators, First Quantum Mining and Minerals, Finance Bank and ZANACO.