ALICE NAKALUMBI SIEVU
Lusaka
Summary
Dynamic and results-oriented financial professional with over 20 years of experience in middle and senior management roles within public sector financial management. Expertise encompasses a wide range of financial and accounting disciplines, including budget preparation and execution, cash flow management, and comprehensive financial reporting and analysis. Proven track record of successfully executing complex assignments through effective teamwork and independent initiative. Seeking opportunities to leverage extensive skills and contribute positively to the achievement of organizational objectives in the public sector.
Experienced with financial planning, budgeting, and analysis. Utilizes strong leadership and strategic thinking to drive financial performance. Track record of effective team collaboration and achieving impactful results.
Overview
29
29
years of professional experience
1
1
Certification
Work History
Director of Finance
Ministry of Tourism
11.2022 - Current
- I am Currently working at the Ministry of Tourism where I am coordinating the Financial Management Function to ensure prudent utilization of public funds. I am actively involved in the enhancement of revenue collection and reporting for all the Departments and Institutions under the Ministry.
- Established financial policies that ensured compliance with regulatory requirements and best practices.
- Collaborated with stakeholders to drive strategic initiatives that promoted sustainable economic growth in tourism sector.
- Developed and implemented financial strategies to enhance budget management and allocation.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
Director of Finance
Ministry of Energy
01.2019 - 10.2022
- Worked at the Ministry of Energy up to the time I was transferred to the Ministry of Tourism in the same capacity.
- While at the Ministry of Energy, I was coordinating the financial management to ensure prudent utilization of public funds. Was involved in the putting in place financial procedures for the payment of petroleum products.
- Led cross-departmental teams in financial planning initiatives to support organizational goals.
- Mentored finance staff, fostering professional development and enhancing team productivity.
- Mentored junior finance team members, fostering a culture of continuous learning and professional development within the department.
Director of Finance
Ministry of Finance and National Planning
03.2018 - 12.2019
- Worked at the Ministry of Finance and National Planning where I was coordinating the financial management to ensure prudent utilization of public funds.
- Was involved in the coordination of the Annual Budget for the Ministry of Finance and National Planning.
- Coordinated the reconstruction of the financial information in the Integrated Financial Management System when the system crushed in 2018,
- Increased financial transparency across all departments through implementation of new, comprehensive budget tracking system.
- Guided finance team during annual audits, resulting in consistently clean audit reports.
Chief Accountant
Ministry of Finance and National Planning
12.2015 - 03.2018
- Worked at the Ministry of Finance and National Planning as Chief Accountant – Projects and worked under the Public Financial Management Reform Program (PFMRP) where I worked as Monitoring and Evaluation Officer under the project.
- Oversaw audit preparation and coordinated with external auditors for accurate assessments.
- Implemented internal controls to mitigate risks and improve financial accuracy.
- Analyzed financial audit information and made recommendations to improve efficiencies.
- Enhanced financial transparency for stakeholders through accurate and timely financial reporting.
Principal Accountant
Ministry of Health
12.2013 - 01.2015
- Preparation of the Health Sector Budget in line with the Medium Term Expenditure Framework (MTEF) for both GRZ and donor funded projects;
- Preparation of the Annual Budget in Activity Based Budgeting (ABB) format;
- Ensure effective budget execution and preparation of the Financial Report
- Actively involved in the implementation of the Governance and Capacity Building Action Plan;
- Ensuring that Financial Reports prepared are accurately and in accordance to the Generally Accepted Accounting Guidelines
- Preparation of timely financial management reports and providing advice to senior management regarding financial transactions.
- Coordination of the preparation of quarterly financial accounts for the Ministry including Provinces and Districts
Senior Accountant
Ministry of Health
06.2009 - 12.2013
- Preparation of the Health Sector Budget in line with the Medium Term Expenditure Framework (MTEF) for both GRZ and donor funded projects;
- Preparation of the Annual Budget in Activity Based Budgeting (ABB) format;
- Ensure effective budget execution and preparation of the Financial Report
- Actively involved in the implementation of the Governance and Capacity Building Action Plan;
- Ensuring that Financial Reports prepared are accurate and in accordance to the Generally Accepted Accounting Guidelines
- Coordinated of the preparation of quarterly financial accounts for the Ministry including Provinces and Districts
- Preparation of Financial Statements & Annual Reports
Accountant - Financial Report
Ministry of Finance - Office of the Accountant General
01.2004 - 01.2009
- Preparation of Financial Statements
- Preparation of Cash flow Projections.
- Preparation of Budgets in line with the Medium Term Expenditure Framework (MTEF) and the Activity Based Budgeting (ABB)
- Knowledge of Pastel Accounting Package and the Financial Management System.
- Improved budget forecasting accuracy with detailed variance analysis between actual and budgeted figures.
Accountant – Public Expenditure Management & Financial Accountability (PEMFA)
Ministry of Finance - Office of the Accountant General
01.2004 - 01.2009
- Maintaining Cashbooks and posting transactions to the Ledger and Journal and extracting trial balance for the purpose of preparing financial statements
- Coordination of activities under PEMFA including Steering Committee Meeting and Technical Committee Meetings
- Preparation of expenditure in line with the approved budget Preparation of cashflow projections
- Preparation of work plans, cash allocation plans & funding requests
- Preparation of Bank Reconciliation Statements
Accounts Assistant
Cabinet Office
01.1999 - 01.2004
- Processing and analyzing of funding and expenditure transactions:
- Maintenance of books of accounts
- Preparation of bank reconciliation statements
- Preparation of Monthly Expenditure Returns
- Preparation of financial Management reports for senior management decision making
- Supervision of accounting staff below me
Accounting Officer
Ministry of Education (Libala and Munali Secondary Schools)
01.1997 - 01.1999
- Collection of cash and banking;
- Preparation of daily cash reconciliations;
- Processing and analyzing of funding and expenditure transactions:
- Maintenance of books of accounts
- Preparation of bank reconciliation statements
- Preparation of Monthly Expenditure Returns
- Preparation of Income and Expenditure Reports
- Preparation of financial Management reports for senior management decision making
- Supervision of accounting staff below me
Education
Accounting Technicians Diploma -
National Institute of Public Administration (NIPA)
Lusaka01.1999
Grade 12 School Certificate -
St Mary's Secondary School
Lusaka01.1994
Skills
- Finance
- Financial Forecasting
- Financial Management Report
- Financial Reporting analysis
- Conversant with IPSAS and IFRS
- Budget preparation
- Budget Execution
- Auditing
- Management
- Supervisory Skills
- Financial Regulations
- Good time management
- Good interpersonal skills
- Team Player
- Effective Delegation
- Conflict Resolution
- Personal
- Determined
- Computer proficient
- Decisive
- Result - driven
- Self-motivated
- Communication skill
- Problem solving
Accomplishments
- Completed my ACCA within one and a half years (1 year six months) without failing a single subject.
- Was awarded a labour day award in 2008
- In 2008, spearheaded production of the Financial Report for the Government of the Republic of Zambia
Affiliations
- Fellow of ACCA
- Fellow of ZICA
- Member of Institute of Directors of Zambia (IODZ)
Certification
- 2002 – 2003 : Attained professional Qualifications in Association in Chartered Certified Accountants (ACCA) with ACCA in the United Kingdom.
- 2012 – 2014: Attained qualifications in the Executive Master in Business Administration (MBA) with Maastricht School Management in Netherlands and Eastern and Southern African Management Institute (ESAMI)
- 2021/2022: Completed the Master in Economic Policy Management with the University of Zambia
Short Courses Attended
- 2006: Executive Public Management Development Programme - University of Pretoria hosted by the Eastern and Southern Africa Accountant Generals (ESAAG), Pretoria, South Africa.
- 2007: Program on Budgeting and Financial Management in the Public Sector - Duke University, Durham, North Carolina, USA.
- 2011: Public Financial Management - Budgeting and Control for the Public Sector - RIPA International - London (United Kingdom)
- 2012: Audit and Financial Management for Donor Funded Projects - ESAMI: Mbabane Swaziland.
- 2015: International Public Sector Accounting Standards (IPSAS) and IFRS - The Standards, Implementation and Benefits Realization - RIPA International: London (United Kingdom)
References
- Nsandi, Manza, Acting Accountant General, +260211250657, +260977827744, Ministry of Finance and National Planning, Chimanga Road, Lusaka, P.O Box 50062
- Evans, Muhanga, Permanent Secretary, +260211223930, +26095000300, +260978428779, Ministry of Tourism, Cairo Road, Lusaka, P.O Box 30575
- Kani Kane, Zimba, Technical Director, +260211232010, Zambia Centre for Accountancy, Dedan Kimathi Road, Lusaka, P.O Box 35243
Interests
I enjoy reading, watching nature and meeting new people
Timeline
Director of Finance
Ministry of Tourism
11.2022 - Current
Director of Finance
Ministry of Energy
01.2019 - 10.2022
Director of Finance
Ministry of Finance and National Planning
03.2018 - 12.2019
Chief Accountant
Ministry of Finance and National Planning
12.2015 - 03.2018
Principal Accountant
Ministry of Health
12.2013 - 01.2015
Senior Accountant
Ministry of Health
06.2009 - 12.2013
Accountant - Financial Report
Ministry of Finance - Office of the Accountant General
01.2004 - 01.2009
Accountant – Public Expenditure Management & Financial Accountability (PEMFA)
Ministry of Finance - Office of the Accountant General
01.2004 - 01.2009
Accounts Assistant
Cabinet Office
01.1999 - 01.2004
Accounting Officer
Ministry of Education (Libala and Munali Secondary Schools)
01.1997 - 01.1999
Accounting Technicians Diploma -
National Institute of Public Administration (NIPA)
Grade 12 School Certificate -
St Mary's Secondary School