Daniel Nkusuwila Phiri
Experienced Audit Senior
Lusaka
Summary
A results driven and passionate professional currently working with BDO Zambia (a member firm of the BDO Global Network) as an Experienced Senior in the Audit and Assurance department services department. The position involves leading teams to provide audit services from planning to execution and completion of various clients. It also involves building and managing client and firm relationships, retaining relationships, and ensuring deliverables are met.
Overview
6
6
years of professional experience
Work History
Experienced Senior
BDO
2 2024 - Current
- Leading audit engagements with teams of up to four (4) people
- Preparation of meeting agendas and chairing team meetings
- Review of financial statements
- Reviewing and reperforming accounting estimates
- Managing client relationships.
Senior
BDO
- Project Management
- Planning audit engagements including in-depth performance review of the client and update on the understanding of the entity
- Audit completion procedures
- Coaching junior members in the performance of their work.
Semi-Senior
BDO
01.2022 - 12.2022
- Leading audit engagements with teams of up to 4 people
- Leading low-risk client audit
- Preparing budgets prior to audits
- Planning audit engagements including in-depth performance review of the client and update on the understanding of the entity
- Appraising junior team members on their performance on engagements
- Testing of controls relating to all financial processes and some business processes
- Audit completion procedures
- Coaching junior members in the performance of their work.
Semi-Senior
BDO UK LLP-Natural resources and Energy Sector
02.2022 - 07.2022
- This virtual secondment was part of a subcontract agreement between BDO Zambia and BDO UK LLP, allowing high-performing BDO Zambia staff to be part of BDO UK LLP’s audit engagements
- Assisting managers in the execution of their duties including assistance in the review of financial statements
- Review of high-risk areas on audit engagements (high-risk areas include but not limited to Revenue, PPE, Inventory, Account Receivables, Accounting estimates, etc.)
- Assisting managers in the completion and closing down of audit files up to archive.
Junior
BDO
01.2021 - 12.2021
- Performing client acceptance and continuance procedures in line with firm take on policies
- Arranging and facilitating client planning meetings and taking down of minutes of meetings held
- Identifying, assessing, and testing client internal controls and risk mitigation policies
- Understanding client business and operational processes and procedures
- Preparation of management letter points to be reported to both management and board
- Under supervised planning, execution and completion of audit files in line with firm and international audit standards.
Trainee
BDO
01.2020 - 12.2020
- Checking client’s financial information, purchases and sales invoices, payroll records, bank balances and statements for specific tests
- Under supervision, plan, execute and finalize audits
- This includes but not limited to; visiting client premises, requesting and working through client documentation, liaising with clients and attending year-end stock counts
- Taking minutes of both internal and external meetings with clients and other stakeholders
- Casting of financial statements
- Any other admin and departmental related tasks assigned by senior staff.
Audit Assistant
GBO Chartered Accountants
05.2018 - 12.2019
- Review of low and moderate risk areas such as Payroll, Cash and Cash equivalents, Plant Property and Equipment, Equity, Operating expenses, Cost of Sales, Revenue, Accruals and Payables
- Leading less complex audits
- Testing controls to ascertain the correct implementation of company policies as well as obtaining reasonable assurance on the numbers presented in the financial statements
- Communication of requirements with clients and making follow-ups on outstanding audit information
- Assisting senior associates in preparation of financial statements
- Casting of financial statements
- Documentation of meeting minutes.
Internal Audit Intern
National Assembly of Zambia
03.2018 - 05.2018
- Attending daily bar stock count, this was done to ensure that bar the stock count reflects actual purchases or transfers from the National Assembly motel stock to the main building stock
- Reviewing National Assembly payments such as gratuity payments, imprest, per diem, subsistence allowance, overtime, parliament member's sitting allowances, utility and other miscellaneous payments to ensure that they adhere to the public financial management policies
- Performing and reperforming bank reconciliation of members and staff payroll
- Performing reconciliation of motel and main building expenses
- Review of day procurement requests to confirm that they are done in accordance with the public finance guidelines.
Education
CA Advisory Professional in Accountancy -
Self-Study
Certificate in International Public Sector Accounting Standards (ACCA) - undefined
ZICA Licentiate Certificate - undefined
Zambia Center for Accountancy Studies
ZICA Technician Certificate - undefined
Zambia Center for Accountancy Studies
Full Grade 12 General Education Certificate - undefined
Arakan High School
Skills
- Quality Control
- Report Preparation
- Coaching and Mentoring
- Knowledge of performance tracking
Clientportfolio
- Energy and Natural Resources: Maamba Collieries Limited, Bee Mountain Mining Company (BMMC), Mkango Resources, Korridor Zambia Fuel Limited.
- Other Financial Services: Specialty Emergency Services Limited, Stanbic Bank Zambia Pension Scheme
- Not-for-Profits: FSD Zambia Limited. Diakonia Zambia Sweden Limited, Save the Children Zambia Projects, Expanded Church Response, School-to-School International and International Development Enterprises (iDE)
- Construction and Manufacturing: Construction and Industrial Maintenance Services Limited (WACO), Afritank Limited
- FMCG: Freddy Hirsch Group Zambia Limited, Smithshine Distributions Limited
- Other engagements: Avanti Broadband Limited, Lomar Corp and Galbraith’s Limited
Areasofcapabilitiesandexpertise
- Analyzing and interpreting patterns and trends.
- Evaluating and optimizing financial controls and procedures.
- Experience at controls design and testing
- Experience dealing with organisational risk
- Well-developed communication and interpersonal skills
- Organizational and time management abilities.
- Budget Preparation
Personal Information
- Date of Birth: 03/01/92
- Nationality: Zambian
References
- Mrs. Lizzie Mubangalala-Mukwasa, Chief Human Capital Officer, Industrial Development Corporation, (+260) 977 889 294, Lizzie.Mukwasa@idc.co.zm
- Mr. Mwale M. Tembo MBA, CA (ZA), CGMA, ACMA, BAA, IASBC, Audit Manager, EY UK and Ireland, +353 (89) 263 4531, Mwaletembo93@gmail.Com
- Mr. Ernest Kamanga CA(Z), Assistant Manager, PwC UK, +44 7378 804142, Ernest.m.Kamanga@PwC.Com
Timeline
Semi-Senior
BDO UK LLP-Natural resources and Energy Sector
02.2022 - 07.2022
Semi-Senior
BDO
01.2022 - 12.2022
Junior
BDO
01.2021 - 12.2021
Trainee
BDO
01.2020 - 12.2020
Audit Assistant
GBO Chartered Accountants
05.2018 - 12.2019
Internal Audit Intern
National Assembly of Zambia
03.2018 - 05.2018
Experienced Senior
BDO
2 2024 - Current
Senior
BDO
CA Advisory Professional in Accountancy -
Self-Study
Certificate in International Public Sector Accounting Standards (ACCA) - undefined
ZICA Licentiate Certificate - undefined
Zambia Center for Accountancy Studies
ZICA Technician Certificate - undefined
Zambia Center for Accountancy Studies
Full Grade 12 General Education Certificate - undefined
Arakan High School
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