Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Chabala Chama

Ndola,Zambia

Summary

Reliable and skilled Accountant with 18 years experience in financial management, account reporting, business planning and budgeting, tax return and team development. Astute financial professional with keen eye for detail and high level of integrity. Works well in large teams in corporate environments as well as small teams in emerging businesses.

Overview

18
18
years of professional experience

Work History

Management Accountant

Oryx Energies Zambia Limited
Ndola, Zambia
07.2017 - Current
  • Perform rollover procedure and review balance sheet reconciliations.
  • Analyzed monthly balance sheet accounts for reporting.
  • Maintained integrity of general ledger and trial balance.
  • Prepared and developed monthly management pack
  • Prepared quarterly and yearly financial reports and track financial trends and performance.
  • Accurately accounted for all company assets include cash, stock, credit and fixed assets.
  • Performed periodic assessment of budgetary performance of revenue, costs, and overheads.
  • Reviewed and accrued payroll costs and statutory charges
  • Collected and collated information and data to prepare annual budgets and forecast projections.
  • Investigated budget variances to identify causes and suggest corrective action.

Finance Manager

Olympic Youth Development Centre
Lusaka, Lusaka Province
11.2015 - 06.2017
  • Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
  • Monitored and reviewed financial controls, processes and procedures to enable best practice development.
  • Developed and administered annual budgets following periods of strong analysis and research.
  • Developed thorough forecasting and cash-flow management processes to maximize progression and programme sustainability.
  • Acted as point of contact in support of end-to-end system audits.
  • Drove continual improvement in department processes and workflows.
  • Mentored department managers in budget forecasting and cost-reduction measures.
  • Assisted junior team members in collating monthly payroll information for processing.
  • Led analysis of weekly, monthly and quarterly numbers, presenting findings to the Centre Director and Board of Trustees
  • Enforced compliance with grant and fund partner's financial policies and processes.
  • Directed financial reporting detailing yields, programme cost and sustainability.
  • Spearheaded and monitored end-to-end financial planning and analysis and balance sheet reconciliations.
  • Checked and evaluated allocation of capital expenditure.
  • Led appraisal of programme execution, budgets and forecasts.
  • Maximized system functionality to drive accurate and timely financial information for weekly and monthly processes.
  • Developed thorough forecasting and cash-flow management processes to maximize progression and value.
  • Maintained strong working relationships with programme partners to drive the need impact for social and sport values.

Management Accountant

Kobil Zambia Limited
Lusaka, Zambia
08.2014 - 11.2016
  • Calculated and posted month end journals in full compliance with company procures on accruals, provisions and estimates
  • Prepared and maintained preventive controls, including stock, bank and vendor accounts reconciliations
  • Analyzed monthly balance sheet accounts for periodic reporting.
  • Prepared quarterly and yearly accounts to track financial trends and performance.
  • Managed company assets including cash, credit, fixed assets and stock
  • Prepared and developed monthly management packs and reviewed budget variances
  • Prepared payroll and statutory returns such VAT, WHT, and OMC taxes

Accounts Payable Supervisor

Zambia Airports Corporation
Lusaka, Zambia
06.2009 - 07.2014
  • Led implementations of new systems, offering training and coaching to team of 7 from Finance and 5 from Procurement navigate and understand SUN SYSTEM (V5).
  • Directed Accounts Payable (A/P) team to deliver against payment processing deadlines.
  • Oversaw up-to-date general ledger documentation for thorough reference.
  • Coordinated recordkeeping for compliance, tax preparation and external audits.
  • Managed and developed team of 7 accounts payable clerks.
  • Organized timely processing of invoices and payments.
  • Implemented process improvements to tackle underperforming areas.
  • Evaluated payment practices reporting to maximize regulatory compliance.
  • Built positive relationships with stakeholders, strategically managing their expectations.
  • Monitored account reconciliation processes for data integrity.
  • Verified invoice and expense claims' accuracy ahead of processing.
  • Defined department KPIs and tracked individual and team performance.
  • Reviewed and approved payments in line with company policies.
  • Prepared and presented monthly reports on expenditure to departmental heads.

Assistant Accountant

Chibuluma Mine Plc
Kalulushi, Zambia
08.2007 - 05.2009
  • Prepared and posted Journal entries for expense accruals
  • Reconciled payables accounts and submitted payments requests
  • Interpreted and applied accounting policies, rules and regulations to confirm compliance with applicable standards.
  • Maintained and improved company bookkeeping processes.
  • Prepared and submit VAT, WHT and PAYE Returns.
  • Verified items billed against items received, following up with vendors to reconcile variances.
  • Entered transactions into internal databases.
  • Assisted in preparing monthly, quarterly and year financial reports.
  • Participated in monthly, quarterly and annual audits.
  • Coordinated completion of client requests following directions from partners and managers.

Assistant Accountant

Litestar Milling Zambia Limited
Chingola, Zambia
08.2005 - 07.2007
  • Organised budget documentation and tracked expenses to maintain tight business controls.
  • Managed payroll by tracking employee hours and entitlements.
  • Evaluated employee expense reports and verified accuracy.
  • Monitored accounts payable and receivable statuses, keeping financial records up-to-date.
  • Interpreted and applied accounting policies, rules and regulations to confirm compliance with applicable standards.
  • Maintained and improved company bookkeeping processes.
  • Reviewed and filed payroll documents following department procedures.
  • Prepared monthly payroll for the Accountants review
  • Entered transactions into internal databases.
  • Assisted in preparing monthly, quarterly and year-end tax returns.
  • Compiled reports on sales, expenditure and production

Education

Certified and Chartered Accountant - Accountancy

Association of Chartered Certified Accountant

Skills

  • Margin analysis
  • KPI development
  • Managements account preparation
  • Annual, monthly cash flow forecasting and analysis
  • GAAP understanding
  • Accounting operations professional
  • Budget preparation and analysis
  • ERP software (SAGE, SUN, ORACLE, DOVE, PALSMSOFT)
  • Payroll processing
  • Fiscal budgeting knowledge
  • Financial management

Languages

English
Fluent
Bemba
Fluent
Nyanja
Advanced

Timeline

Management Accountant

Oryx Energies Zambia Limited
07.2017 - Current

Finance Manager

Olympic Youth Development Centre
11.2015 - 06.2017

Management Accountant

Kobil Zambia Limited
08.2014 - 11.2016

Accounts Payable Supervisor

Zambia Airports Corporation
06.2009 - 07.2014

Assistant Accountant

Chibuluma Mine Plc
08.2007 - 05.2009

Assistant Accountant

Litestar Milling Zambia Limited
08.2005 - 07.2007

Certified and Chartered Accountant - Accountancy

Association of Chartered Certified Accountant
Chabala Chama