Eric Mayeba Mambwe
Lusaka,09
Summary
I’m a confident, self-motivated, result-centric, maturely disposed, proactive, analytical and mathematically proficient professional with over 18 years’ practical finance/accounting, internal audit and risk management and strategic planning experience. Further, I’m a clear sighted personality, resourceful, perceptive, astute and diligent in mobilizing teams and ensuring that results are delivered. I have held senior management positions; Finance Manager at Zampalm Limited, a subsidiary of the Industrial Development Corporation (IDC), Financial Consultant at Consolidated Gold Company Limited, Manager-Management Reporting and Budgetary Control, Chief Internal Auditor at Ndola City Council. My main objective is to develop credible and high level energy leadership that delivers results for organizational success. Able and willing to exploit my utmost potential in assisting entities identify and manage risks and improve business processes for sustained profitability of their businesses for the benefit of stakeholders and communities at large. My strengths are passion, dedication to duty, ability to collaborate, leadership and adherence to business ethics. Specialties: Strategic planning, audit, governance and compliance, financial management, forecasting and budgetary planning. Currently, I serve on the Board of MC Galaxy Football Club as Vice Chairperson, also chairperson of the Finance & Investments Sub Committee. I’m an ardent reader in risk management, financial planning, tax planning, accountancy, economics and strategic planning. I simply get things without excuses.
Overview
22
22
years of professional experience
Work History
Acting General Manager
ZAMPALM LTD (A member of Industrial Development Corporation, IDC Group of Companies)
- Leading the formulation and implementation of the Zampalm strategic Plan
- Leading the transformational agenda as professed by the principal shareholder, Industrial Development Corporation IDC Oversee day to day operations, assign weekly performance goals and ensure their completion, and accomplish your own goals Recruit, onboard, and train high performing employees to achieve objectives for productivity, profitability and market share Maintain project timelines to ensure tasks are accomplished effectively Develop, implement, and maintain budgetary and resourse- allocation plans Delegate responsibilities to the best qualified employees and enforce all policies, procedures, standards, specifications, guidelines, training programs, and cultural values Resolve staff conflict efficiently and to the mutual benefit of all involved
Finance Manager
ZAMPALM LTD (A member of Industrial Development Corporation, IDC Group of Companies)
- I lead the formulation and implementation of suitable financial strategies, policies and practices that support the company’s vision, mission and strategic objectives
- Oversee production of timely management accounts, financial statements, annual budgets and other financial reports of the company
- Oversee development of viable project proposal with a view to realize value for the shareholder Provision of accurate and timely financial advice to the leadership, to optimize the company’s financial and operational performance
- Oversee treasury management of the company
- Develop formal and informal networks with key stakeholders (both internal and external) to support the seamless delivery of accounting services to key stakeholders within the company
- Keep abreast with and ensure application of emerging accounting/finance issues, national laws and regulations and apply best practice knowledge within the Finance function
- Train and develop the skills of other Finance staff, in accordance with the company’s methodologies and ensure that their performance is professionally managed per the company’s guidelines
- Prepare or directly cause to prepare and ensure accuracy of monthly financial statements (Income statement, Balance Sheet, Cash Flows) Prepare the financial statements for the Corporation as per the IFRS in compliance with Accounting Standards for both local and internationally accepted guidelines Tax planning and compliance with all relevant tax legislations and procedures, resolution of all tax issues resulting from tax audits
- Proactive analysis and management of the Company’s tax liabilities including all Statutory taxes
- Develop and implement internal control policies, guidelines and standard operating procedures for activities such as budget administration, cash and credit management and accounting
- Coordinate audits of company accounts and financial transactions to ensure compliance with applicable accounting policies, relevant accounting standards and other legislations
- Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources
- Advise management on short-term and long-term financial objectives, policies, and actions
- Supervise and review management of all activities related to financial accounting such as: invoicing; refunds; purchasing; payroll; collection of accounts receivable; management and payment of suppliers; management and payment of contracts; assistance in the ongoing monitoring and management of banking relationships, cash flow analysis and the management of short and long term debts; performing bank and other key reconciliations
- Preparation of the financial aspects of new business opportunities by preparing a business case that would assess the risks, rewards and financing strategies for key opportunities
- Provide leadership to all of the vertical or department staff in terms of Inspiring and motivating team members to perform well, delegating and monitoring work assignments and Setting expectations.
Manager- Finance
CONSOLIDATED GOLD COMPANY OF ZAMBIA LTD
- Key areas of responsibility: Being the main liaison with Internal as well as External Auditors Assisting the project Management Office with cost efficiency projects identification and reporting Effective and efficient introduction of new financial and administrative systems, procedures, and processes as well as the thereof throughout the business Development and implementation of financial process protocols and of advice on improvements in the efficiency of the information capturing and interfacing processes Data management and implementation of internal controls to ensure that system and master data integrity and accuracy is managed Ensuring good corporate governance is practiced in the business Developing and implementing policies, procedures and controls which would ensure a good control environment in the business Ensuring that asset records are kept up to date through physical verification of assets and the timely capitalization of fixed assets Control capital expenditure and reporting Effective and efficient working capital management (stock, debtors, and creditors) Preparation, analysis, interpretation, and timely reporting of monthly results Preparation of annual financial statements in accordance with International Financial Reporting Standards Preparing and reporting on the annual and operating budget including sales, overhead, production and distribution budget
Manager- Management Reporting & Budgetary control
ZAMBIA AIRPORTS CORPORATION LIMITED
05.2014 - 12.2020
- Prepare or directly cause to prepare and ensure accuracy of monthly financial statements (Income statement, Balance Sheet, Cash Flows) CAPEX planning and budgeting Prepare the financial statements for the Corporation as per the IFRS in compliance with Accounting Standards for both local and international Stock Exchange guidelines
- Tax planning and compliance with all relevant tax legislations and procedures, resolution of all tax issues resulting from tax audits
- Proactive analysis and management of the Company’s tax liabilities including all Statutory taxes
- Develop and implement internal control policies, guidelines and procedures for activities such as budget administration, cash and credit management and accounting
- Coordinate audits of company accounts and financial transactions to ensure compliance with applicable accounting policies, relevant accounting standards and other legislations
- Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources
- Advise management on short-term and long-term financial objectives, policies, and actions
- Supervise and review management of all activities related to financial accounting such as: invoicing; refunds; purchasing; payroll; collection of accounts receivable; management and payment of suppliers; management and payment of contracts; assistance in the ongoing monitoring and management of banking relationships, cash flow analysis and the management of short and long term debts; performing bank and other key reconciliations
- Proactive analysis of the monthly financial statements for the businesses including: analysis of key financial performance indicators and trends, including financial ratios; cross division comparisons including establishing financial benchmarks of acceptable performance; comparison of actual results to budget with corrective actions required by the Controller and/or the Unit Managers
- Preparation of the financial aspects of new business opportunities by preparing a business case that would assess the risks, rewards and financing strategies for key opportunities
- Provide leadership to all of the vertical or department staff in terms of Inspiring and motivating team members to perform well, delegating and monitoring work assignments and Setting expectations.
Financial Accountant
MULONGA WATER & SEWERAGE CO LTD
07.2010 - 04.2014
- Review of all accounting records and analysis of financial information Preparation and submission of financial statements and other related financial schedules and reports Preparation of monthly payment plan for submission to the Finance manager Ensuring that policies and procedures are adhered to Advising the division manager on all finance matters Ensuring compliance with legal and statutory requirements Safeguard of company assets Debtors ledger management, preparing an aged analysis for both statutory and operational debtors as a basis for recoverability and impairment analysis Management and maintenance of the creditors ledgers Preparation and presentation of management accounts as control, learning and operational tool Reconciliation of the debtors and creditors position, including cash books Review banking and other ledger transactions to ensure the integrity of ledger balances and resolving any outstanding reconciling items Any other responsibilities that may arise in line with the functions of accounting
Chief Internal Auditor
NDOLA CITY COUNCIL
02.1999 - 06.2010
- Develop and implement internal audit programs Carry out position audits as part of the planning process that examines the current state of the council s strategic capability Carry out resource audits to identify human, financial and material resources and how they are deployed Prepare timely and accurate reports of findings and recommendations Carry out periodic system reliability tests to confirm the efficiency and appropriateness of the internal controls and procedures and prepare action reports Carry out investigative audits Validation of daily payments Conducting completeness of daily income and banking Conduct audits of council investments Conduct human resource audits to ensure council pays salaries to people that have rendered a service to the council Audit of payroll to ensure that workers are paid the correct rates and all inputs to the payroll is approved Checking and verifying that statutory deductions such as PAYE, LASF, NAPSA are conformity with the existing laws of Zambia Ensure that books of accounts, debtors ledgers, creditors ledgers, income statements, statements of cash flows and statements of financial position (balance sheet) are prepared in accordance with International Accounting Standards (IASs)
Education
Skills
- Effective Leadership
- Attention to detail
- Problem solving
- Organizational structure
- Communications
- Analysis
- Interpersonal skills
- Mathematical proficiency
- Technological skills
- Ability to work independently
- Commercial awareness
Academicbackground
School Certificate of Education (SCE)
Kitwe Boys` Secondary School
Membership
I’m a paid-up member (Fellow)of the Zambia Institute of Chartered Accountants (ZICA) and member (Fellow)of the Association of Certified Chartered Accountants (ACCA - UK)
Personal Information
Nationality: Zambian
References
- Mr. Alex Mwansa, Former Town Clerk, Lusaka City Council, Lusaka, 0969832319, mwansaalex@yahoo.com
- Mr. Tapiwa Chikumbu, Chief Financial Officer, Consolidated Gold Company Ltd, Lusaka, 0977762134, tapiwa@cgczambia.com
- Eng. Wesley Kaluba, President, Engineering Institute of Zambia, Lusaka, 0977415543
Timeline
Manager- Management Reporting & Budgetary control
ZAMBIA AIRPORTS CORPORATION LIMITED
05.2014 - 12.2020
Financial Accountant
MULONGA WATER & SEWERAGE CO LTD
07.2010 - 04.2014
Chief Internal Auditor
NDOLA CITY COUNCIL
02.1999 - 06.2010
Acting General Manager
ZAMPALM LTD (A member of Industrial Development Corporation, IDC Group of Companies)
Finance Manager
ZAMPALM LTD (A member of Industrial Development Corporation, IDC Group of Companies)
Manager- Finance
CONSOLIDATED GOLD COMPANY OF ZAMBIA LTD
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