Summary
Overview
Work History
Education
Skills
Certification
Timeline

Aubrey Masumbu

ACMA

Summary

PERSONAL PROFILE A double Masters holder, MSc in Strategic Business Management (Manchester University, UK an MSc in animal disease control (University of Zimbabwe) and BSc. VMed (UNZA). Also a Chartered Global Management Accountant and Audit Specialist, a Fellow of the Chartered Institute of Management Accountants (CIMA UK, CGMA) and a Fellow of the Zambia Institute of Chartered Accountants (FZICA). A hard working and multi-skilled professional with a positive and motivated approach. Able to organize and prioritize workloads in order to meet strict deadlines. A good team player but also works well on own initiative. A strong communicator, used to dealing with people at all levels of the business strata. Flexible regarding working hours, but strict to work schedule deliverables and deadlines. Have 18 years work experience in finance, accounting and internal auditing in private, public and international organizations. Also a Livestock disease control and management specialist. Resourceful Accounting professional with [Number] years of experience in audit preparation and reporting. Seasoned auditing professional knowledgeable about risk aversion strategies, cost reduction options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.

Overview

17
17
years of professional experience
1
1
Certification

Work History

Internal Audit Manager

ENGAGEMENTS, The Society for Family Health
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations
  • Diminished outstanding debts by analyzing accounts for issues
  • Tracked funds, prepared deposits and reconciled accounts
  • Collaborated with accounting manager to comply with governing bodies and limit regulatory risks
  • Provided journal entries and performed accounting on accrual basis
  • Collected and reported monthly expense variances and explanations

Chief Internal Auditor

The University of Zambia
04.2011 - 12.2014

Head Internal Audit

National
04.2011 - 12.2014
  • Institute of Public Administration (NIPA),
  • An Independent higher learning Institute with a work force of 140 staff and with a student enrollment of over 8,000 full time and part time students
  • I was the head of the Internal Audit Department with a staff complement of 3
  • My responsibilities included among others, the development of the Annual Audit Work programs, which is a risk based audit program, risk assessment and monitoring, as well as risk profiling
  • The assessment of the adequacy of the internal controls and providing recommendations to management for the strengthening of the internal controls
  • The review of Management procedures and policies, internal and external compliance audits, conducting pre-audits of Management accounts, reports, financial and non-financial information given to Management to ensure that such information is accurate, timely and reliable for decision making
  • Financial reviews and analysis as well as the audit the attainment of strategic goals and objectives, and liaising with External Auditors
  • Further I was also part of the team conducting monitoring and evaluation activities as well as carrying out strategic management and control activities
  • I also served as the Chair of the integrity and ethics Committee for the institute
  • I was reporting to the Chief Executive Officer Administratively and to the Chair of the Audit Committee functionally.

Internal Audit

SFH
02.2009 - 03.2011
  • A USAID funded International NGO with an annual budget of USD 20 million, and with branch operations in all the 9 provinces of Zambia
  • I established the, Department, developed the Internal Audit Charter and Manual, based on the standards of Internal Auditing of the Institute of Internal Auditing (IIA)
  • I was head of a five man department
  • I served a two and half year contract
  • I developed audit programs based on the Enterprise Resource Planning Soft Ware (Lawson).I was also responsible for financial oversight, and general business operations, including supply chain management.

Internal Audit Manager

National Council for Construction
09.2008 - 01.2009

Internal Audi Manager

National Council
01.2008 - 01.2009
  • A Statutory Body regulating the construction Industry
  • I was reporting to the Chief Executive Officer, as well as to the Finance and Administration Committee of the Board
  • I was involved in conducting all internal audit work, as this was a one man unit.

Senior Auditor

05.2007 - 08.2008
  • Office of the Auditor General
  • Audit of Public Debt and Investments, in the Office of the Auditor General, I was involved in the audit of public debt and investments
  • This included the audit of Parastatal companies, statutory bodies and donor funded projects
  • The work involved audit planning, risk assessment, evaluation of entity as a going concern, financial performance evaluation and financial analysis, as well as assessing issues of corporate governance among others
  • The notable assignments I conducted includes, -the audit of Head 21 (debt and Investments) of the Ministry of Finance, the Audit of NORTEC and Mulungushi University, the audit of TEVETA, and Water and Sewerage Companies, as well as the audit review of RDA.

Accountant

ACCARIA Accounting Consulting Limited
02.2007 - 04.2007
  • Preparation of both manual and computerized accounts from source document to trial balance
  • Preparation of both manual and computerized payroll
  • Preparation of final accounts
  • Preparation of bank reconciliation statements
  • Preparation of Management accounts
  • Taxation-VAT, PAYE and Corporate tax computation
  • Computation of NAPSA and other Pension benefits

Inspector of Pensions

Authority-PIA
01.2006 - 01.2007
  • Pensions and Insurance, Registration of Pension Funds, Pension Schemes in accordance with the Act
  • The registration of Fund managers, Custodians and Administrators
  • The supervision of performance of the various Pension Schemes registered with the Authority
  • Financial Analysis and business and Investment Analysis
  • Liaison with trustees and Fund managers on the operations of the pension Schemes, as well as general administration and management of the pensions Industry
  • Also conducting regulatory audits of pension funds and schemes.

Inspector

Insurance, Pensions and Insurance Authority
02.2003 - 12.2005
  • Examination of quarterly/annual returns of the Insurance Companies to monitor performance and conformance, monitoring of solvency and liquidity of Insurance Companies, examination of operation and control systems in place, risk assessment, as well as financial reporting of the Industry's performance
  • Accounting and Finance issues
  • Administrative and Management issues pertaining to the operations of the Authority as part of the Management team
  • The audit of Insurance Houses, Brokers as well as Agents.

Finance Officer

Ministry of Agriculture
01.2000 - 01.2003

Accountant

Ministry of Agriculture Rural Investment Fund, Agriculture Rural Investment Fund
01.1998 - 01.2000
  • Preparation and finalization of Department budgets, Budget monitoring, Accounting, Preparation of financial statement and Donor Reports, as well as other duties assigned by the supervising Officer from time to time.

Chief Internal Auditor, Internal Audit

University of Zambia, National Institute of Public Administration
01.2015 - 1 1
  • The University of Zambia has a Staff workforce of 2,500 and a Student populace of 28,000 spread over 10 different schools, 3 Institutes and several projects and Units
  • I am the head of the Internal Audit Department with a staff complement of 17 members of staff
  • My responsibilities include among others, the development of the Annual Audit Work programs, which is a risk based audit program, risk assessment and monitoring, as well as risk profiling
  • The assessment of the adequacy of the internal controls and providing recommendations to management for the strengthening of the internal controls
  • The review of Management procedures and policies, internal and external compliance audits, conducting pre-audits of Management accounts, reports, financial and non-financial information given to Management to ensure that such information is accurate, timely and reliable for decision making
  • I also conduct financial reviews and analysis as well as the audit the attainment of strategic goals and objectives, and liaising with External Auditors, in the annual audits of the Organization
  • I also hold the portfolio for enterprise risk management for the organization
  • I report to the Chief Executive Officer Administratively and to the Chair of the Audit Committee functionally
  • Head

Education

Chartered -

Zambia Centre for Accountancy Studies, Institute of Management Accountants

MSc (UZ) - undefined

BSc. - UNZA

VM

ZICA) - undefined

Zambia Institute of Chartered Accountants

Chartered Global Management Accountants (CGMA, UK) Institute of Internal Auditors (IIA) Licenses & Certifications Associate license of CIMA Fellow of ZICA - undefined

Chartered Institute of Management Accountants

Telephone +260211290719, email b.namangala@unza.zm - Namangala

Director Institute of Distance Education, Zambia

Certificate Associations and Membership - undefined

Matero Boys Secondary School

MSc - Strategic Business Management

Manchester University
2013

Advanced training in Internal Auditing - undefined

2009
Manzini Swaziland, Annual CPD programs under the auspices of ZICA and other organizations

CIMA. - undefined

2004

Skills

  • Corrective Actions
  • Presenting Cases
  • Strategic Execution
  • Equity and Debt
  • Finance and audit
  • Accounting principles
  • Budget Analysis
  • Account reconciliation processes
  • Financial Management
  • Forecasting
  • Annual reports

Certification

Accounting Advanced Auditing Advanced Computing Advanced Enterprise Risk Management Advanced Supply Chain Management Advanced Business Administration Advanced

Timeline

Chief Internal Auditor, Internal Audit - University of Zambia, National Institute of Public Administration
01.2015 - 1 1
Chief Internal Auditor - The University of Zambia
04.2011 - 12.2014
Head Internal Audit - National
04.2011 - 12.2014
Internal Audit - SFH
02.2009 - 03.2011
Internal Audit Manager - National Council for Construction
09.2008 - 01.2009
Internal Audi Manager - National Council
01.2008 - 01.2009
Senior Auditor -
05.2007 - 08.2008
Accountant - ACCARIA Accounting Consulting Limited
02.2007 - 04.2007
Inspector of Pensions - Authority-PIA
01.2006 - 01.2007
Inspector - Insurance, Pensions and Insurance Authority
02.2003 - 12.2005
Finance Officer - Ministry of Agriculture
01.2000 - 01.2003
Accountant - Ministry of Agriculture Rural Investment Fund, Agriculture Rural Investment Fund
01.1998 - 01.2000
Internal Audit Manager - ENGAGEMENTS, The Society for Family Health
Zambia Centre for Accountancy Studies, Institute of Management Accountants - Chartered,
- MSc (UZ),
VM - BSc., UNZA
Zambia Institute of Chartered Accountants - ZICA),
Chartered Institute of Management Accountants - Chartered Global Management Accountants (CGMA, UK) Institute of Internal Auditors (IIA) Licenses & Certifications Associate license of CIMA Fellow of ZICA,
Director Institute of Distance Education, Zambia - Telephone +260211290719, email b.namangala@unza.zm, Namangala
Matero Boys Secondary School - Certificate Associations and Membership,
Manchester University - MSc, Strategic Business Management
- Advanced training in Internal Auditing,
- CIMA.,

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Aubrey Masumbu