Clement Chaifyala
Mansa,Zambia
Summary
A seasoned professional with a focus on auditing and financial and financial accounting and reporting. Brings assurance of quality, integrity, and reliability to financial management. Capable of identifying potential risks, implementing control measures, and enhancing operational efficiency with unique skills in financial reporting, financial auditing, regulatory compliance, and risk management.
Overview
11
11
years of professional experience
16
16
years of post-secondary education
Work History
Senior Auditor
Office Of The Auditor General
Mansa
01.2021 - 01.2025
- Assist in the development and execution of audit plans for assigned clients, including assigned staff
- Manage audit teams, allocating responsibilities and reviewing team's performance
- Undertake evaluation of client's regulatory, legislative, operational, and governance environments to identify risks facing clients
- Design and execute audit procedures based on client's operations, risks it faces, and its internal control processes
- Identify management control weaknesses and provide value-added suggestions for remediation
- Performs data analysis through Computer Aided Auditing Techniques (CAATs)
- Analyses audit evidence and prepares reports on findings, conclusions and recommendations
- Communicating with the Principal Auditor and Assistant Director promptly concerning engagement progress
Auditor
Office Of The Auditor General
Mansa
02.2019 - 01.2021
- Undertook the collection and evaluation of audit evidence and preparation of working papers to facilitate the production of audit reports
- Analyzed data and findings to prepare reports detailing financial information
- Communicated with client staff to obtain necessary information for audits
- Performed observations, analyses and conducted interviews, and evaluated supporting documents to support audit findings
- Planned and executed follow-up audits at appropriate intervals
Accountant
CFB Distributors Limited
Ndola
01.2017 - 01.2019
- Reported financial data and updated financial records in ledgers and journals
- Prepared annual financial statements in accordance with International Financial Reporting Standards (IFRS)
- Presented monthly, quarterly and annual statements to support financial planning
- Tracked business revenue and expenditures and reconciled accounts to maintain 100% accuracy
- Reconciled company bank, credit customers' and vendors' accounts, investigating and resolving discrepancies to keep accounts audit-ready
- Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable
- Prepared monthly payroll and filed returns for staff pension contributions
- Prepared and filed tax returns for Income tax, VAT, withholding tax and Pay-as-you-earn
- Analyzed and prepared annual budgets to contain costs, minimize losses and ensure 100% compliance with internal controls
Retail branch manager
Kamiza Fashions Limited
Kitwe, Zambia
06.2015 - 12.2016
- Conducted regular training sessions to enhance staff knowledge and performance.
- Elevated brand reputation by maintaining high standards of store cleanliness and organisation.
- Established budgets based on historical, current and forecasted business data.
- Responded promptly to customer queries, enhancing overall customer satisfaction.
- Maintained by 100% organisational compliance with applicable legislation and regulations.
- Maintained consistent stock levels by conducting frequent inventory audits.
- Improved store operations by implementing efficient stock management systems.
- Monitored operations to assess and highlight results.
Assistant Trade Market Representantive - Tabacco
CFB Distributors Limited
Ndola, Zambia
10.2013 - 05.2015
- Broadened customer bases by over 50% to meet demanding sales territory targets.
- Used consultative sales approach to understand and meet customer needs.
- Collaborated closely with marketing team to create impactful promotional materials.
- Maintained routine communication with clients to assess overall satisfaction, resolve complaints and promote new offerings.
- Achieved monthly sales and performance KPIs for improved team success.
- Managed client accounts, improved customer satisfaction levels.
- Completed customer searches to generate new leads.
- Generate reports on sales, providing relevant information to track sales progress and inform future strategies.
- Collected and processed payments.
- Built rapport with new and existing customers to boost client retention by 90%.
Education
Chartered Accountant Zambia - CA (Z) - Accounting
Zambia Institute of Chartered Accountants
Lusaka, Zambia 01.2018 - 12.2021
Master of Science - Accounting And Finance
University of Lusaka
Lusaka, Zambia 01.2018 - 05.2021
ZICA Professional Qualification - Accounting
Zambia Institute of Chartered Accountants
Ndola, Zambia 12.2011 - 06.2017
Grade Twelve Certificate - Secondary Leaving Certificate
Masala Secondary School
Ndola, Zambia 01.2005 - 11.2007
Skills
- Internal Controls and Risk Assessment
- Financial Reporting
- Proficiency in Microsoft Office Suit, SAP, Sage, and QuickBooks
- IFRS proficiency
- Financial Analysis
- Financial Projections
- Payroll processing
- Tax Planning and preparation
Custom
- Reading
- Travelling
Languages
English
Fluent
Affiliations
- Reading
- Travelling
- Gardening
Accomplishments
- Elected as the Chairperson of the Luapula Province ZICA Chapter - 2023 - 2024
- Appointed to serve on the Finance Committee of the Diocesan Finance Committee for the Catholic Diocese of Mansa.
References
References available upon request.
Timeline
Senior Auditor
Office Of The Auditor General
01.2021 - 01.2025
Auditor
Office Of The Auditor General
02.2019 - 01.2021
Chartered Accountant Zambia - CA (Z) - Accounting
Zambia Institute of Chartered Accountants
01.2018 - 12.2021
Master of Science - Accounting And Finance
University of Lusaka
01.2018 - 05.2021
Accountant
CFB Distributors Limited
01.2017 - 01.2019
Retail branch manager
Kamiza Fashions Limited
06.2015 - 12.2016
Assistant Trade Market Representantive - Tabacco
CFB Distributors Limited
10.2013 - 05.2015
ZICA Professional Qualification - Accounting
Zambia Institute of Chartered Accountants
12.2011 - 06.2017
Grade Twelve Certificate - Secondary Leaving Certificate
Masala Secondary School
01.2005 - 11.2007
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