Elliot Luzendu
Kalumbila,Zambia
Summary
Experienced financial professional with focus on accounting and financial management. Skilled in delivering accurate financial reports and optimising financial processes. Capable of leveraging analytical skills and industry knowledge to drive financial stability and growth.
Overview
8
8
years of post-secondary education
12
12
years of professional experience
Work history
Financial Accountant
FQM Trident Limited
Kalumbila , Zambia
2019.11 - Current
- Prepare annual financial statements.
- Ensure compliance with IFRS and statutory reporting requirements.
- Coordinated annual external and internal audits, ensuring thorough evaluations and compliance.
- Assisted with budgeting and financial forecasting to support strategic financial planning.
- Improved internal controls and accounting processes to enhance accuracy and accountability.
- Reconcile general ledger accounts and investigate variances.
- Preparation of monthly accruals, prepayments and loan amortisation schedules.
- Liaised with external auditors during annual audits, ensuring smooth process flow.
- Maintained accurate records of all company transactions, bolstering accountability.
- Reconciled expense reports and financial statements to enforce established cost controls.
- Analysed financial data to uncover and resolve discrepancies.
- Supervising Account Payable and treasury functions, delegating team tasks to meet business demand.
- Ensured timely payment of invoices to maintain positive relationships with suppliers.
- Conducted internal audits to evaluate compliance and operational efficiency.
- Enforced compliance with industry best practices, ethical and regulatory requirements to reduce company vulnerabilities.
- Monitor inventory valuation of ore, consumables, explosives, fuel, and spare parts.
- Monitor key performance indicators (KPIs) to track team performance and identify areas for improvement
Assistant Financial accounatnat
FQM Trident Limited
Kalumbila, Zambia
2015.08 - 2019.11
- Investigate all queries relating to Intercompany transactions both Accounts Payable (AP) and Accounts Receivable (AR).
- Ensure all payments are processed accurately, in a timely manner, and in compliance with company policies and regulatory requirements.
- Reconciled vendor statements and resolved discrepancies, ensuring accurate financial records and timely payments.
- Collaborate with purchasing and receiving departments to resolve invoice disputes.
- Serve as the primary contact for vendor inquiries regarding payments and account status.
- Build and maintain positive relationships with vendors and internal teams.
- Identified opportunities for improvement in accounts payable processes and implemented best practices to enhance operational efficiency.
- Prepared and presented AP metrics and reports, highlighting ageing reports, cash flow projections, and vendor spend analyses to support informed decision-making.
- Ensure compliance with company policies, financial regulations, and tax requirements
- Monitored customer accounts to identify late or missing payments.
- Generate back charge invoices for processing and distribution.
- Reconcile balances revenue ledgers and fix any errors at the end of each month.
- Perform monthly balance sheet reconciliations, including Debtors subsidiary ledgers and Bank Reconciliations
- Reconcile debtor subsidiary ledgers to the general ledger at least monthly.
- Prepared debtor reports for management and auditors.
- Manage staff debtor accounts.
- Manage and agree monthly intercompany trade balances with related parties.
- Investigate all queries relating to Intercompany transactions both Accounts Payable (AP) and Accounts Receivable (AR).
- Investigate all queries relating to Intercompany transactions both Accounts Payable (AP) and Accounts Receivable (AR).
ASSISTANT ACCOUNTANT
ZSIC General Insurance
Lusaka, Zambia
2014.03 - 2015.04
- Ensured reconciliation of ledgers for all suppliers and staff accounts to maintain accurate financial records.
- Reduced discrepancies by conducting monthly reconciliation between bank and company records.
- Ensured accurate reporting by promptly following up on bank reconciliations, facilitating timely financial oversight.
- Coordinated payment runs whilst adhering strictly to policy guidelines.
- Processed 3-way purchase orders by matching them with corresponding invoices for accuracy.
- Prepared accounting related entries to numerous registers, journals and logs, enhancing data accuracy.
- Managed documentation to keep system updated and functional for audit checks, supporting compliance and accuracy.
- Responded swiftly to client queries on invoices or payments, enhancing customer satisfaction and trust.
- Attended to internal and external audit queries by providing requested documentation and support.
Education
Master of Science - Accounting and Finance
Copperbelt University
Zambia 2020.12 - 2025.12
Bachelor of Science - Bachelor of Accountancy
Copperbelt University
Zambia 2011.01 - 2014.01
Chartered Accountant Zambia - Accountancy - currently studying the professional level
Zambia Institute of Chartered Accountants
ZambiaAssociation of Chartered Certified Accountants - Accountancy - currently studying the last paper in professional level
Association of Chartered Certified Accountants
United KingdomSkills
- General ledger accounting
- General ledger management
- Financial reporting
- Year-end finalisation
- Tax return filing
- Data Analysis:
- Problem solving
References
REFEREES
MR. CARITAS LUKONDE
Accounting Superintendent
FQM Trident Limited,
Mwinilunga (T5), Kalumbila, Solwezi District
Cell: (260) 963659820
Email: Caritas.Lukonde@fqml.com
HAGGAI SIAME
Senior Financial Accountant
FQM Trident Limited
Mwinilunga (T5), Kalumbila District
Cell: (260) 975753157
Email: Haggai.Siame@fqml.com
Brian Muteba
Senior Financial Accountant
Kalumbila Town development Corporation
Mwinilunga (T5), Kalumbila District
Cell: (260) 961579872
Email: Brian.Muteba@fqml.com
Timeline
Master of Science - Accounting and Finance
Copperbelt University
2020.12 - 2025.12
Financial Accountant
FQM Trident Limited
2019.11 - Current
Assistant Financial accounatnat
FQM Trident Limited
2015.08 - 2019.11
ASSISTANT ACCOUNTANT
ZSIC General Insurance
2014.03 - 2015.04
Bachelor of Science - Bachelor of Accountancy
Copperbelt University
2011.01 - 2014.01
Chartered Accountant Zambia - Accountancy - currently studying the professional level
Zambia Institute of Chartered Accountants
Association of Chartered Certified Accountants - Accountancy - currently studying the last paper in professional level
Association of Chartered Certified Accountants