JOEL KUNDA
Lusaka
Summary
Seasoned Accountant with 10+ years of experience in financial management and analysis. Skilled in financial reporting, budgeting, forecasting and variance analysis. Proven track record of driving cost savings and process improvements, resulting in increased profitability and efficiency.
Overview
15
15
years of professional experience
Work History
Accounts Semi Senior
BDO Zambia
09.2023 - Current
- Analysing financial statements and reports to identify trends, discrepancies, and opportunities for improvement for clients
- Utilising financial caseware and tools to perform complex data analysis
- Supervising, preparing, verifying, and maintaining financial records, including journal entries and general ledger for a portfolio of diverse clients, ensuring compliance with accounting principles, policies and industry regulations
- Preparing accurate and timely financial reports, such as balance sheets, income and cashflow statements with adequate disclosures and notes
- Presenting financial information to stakeholders, management, and auditors
- Maintaining up-to-date knowledge of accounting standards, regulations, and legal requirements to ensure compliance
- Designing and implementing internal control systems to safeguard assets and mitigate financial risks for clients.
District Dedicated Accountant
Development Alternative Inc. (DAI Global)
04.2021 - 02.2023
- Reconciled monthly two corporate bank accounts the Kwacha and Dollar accounts with over five thousand monthly
- Prepared monthly Management accounts for the $71.5 million Scaling up Nutrition Technical Assistance (SUN TA) Project by completing numerous Schedules, including project cost allocations and project burn rate
- Received and analyzed reconciliations from thirteen Project sites to identify potential financial risk to the organization
- Generated monthly financial statements for the donor, analyzed the variance between actual and forecasts and provided improvement plans to reduce costs
- Reviewed the balance sheet accounts and General ledger to ensure all reconciling figures where correctly captured and assisted with uploading monthly financial extracts in oracle data base.
Finance Officer
Zambia Centre For Communication Programmes (ZCCP Kwatu)
11.2018 - 03.2021
- Developed and documented reconciliation procedures and processes
- Monitored and reported on Key performance indicators for the project
- Provided current information on cash position/forecasts or status of accounts for action by the Supervisor
- Prepared and/or monitored financial exception reports to assess unusual activities and transactions
- Assisted auditors during annual reviews, providing all financial documents requested in a timely and efficient manner
- Reviewed application of internal controls related to transactions, ensuring due process and documentation of all financial transactions
- Prepared and submitted monthly management and donor reports to Management
- Reviewed/recorded accounts payable and accounts receivable in line with organizational policies, and standards.
Commercial Accountant
Varun Beverages (Z) Limited
05.2015 - 09.2018
- Responsible for the reconciliation and management of the $5.2 million trade receivables portfolio
- Collaborated with new product, commercial teams and Project Managers to capture all costs and provided recommendations on pricing
- Supported the Senior Accountant to manage all Income Tax, Transfer Pricing, VAT, WHT, import & Export Duties and MRT of the business
- Responsible for monthly management reporting plus the annual budget cycle and quarterly forecasting
- Challenged operational performance and produced KPI and variance reporting for commercial decision making
- Participated in Assessing capital investment proposals and determined return on investment, made recommendations to the Senior Accountant on feasibility of projects.
Debtors Accountant
Zambian Breweries Plc.
09.2012 - 03.2015
- Managed the business key customers accounts and timely resolved all disputes on invoices to minimize revenue losses which arose from undocumented credit memos and discounts
- Prepared the group credit management report
- In this report I highlighted the monthly sales trends and performance of the three companies i.e
- Zambian Breweries Plc, National Breweries Plc, and Henrich s Beverages Limited explaining SABMILLER group sales variances and submitted this to management
- Responsible for reconciliation of the SABMILLER Group accounts receivable general ledger for month end close processes and generated journals for intercompany transactions
- Reported on metrics (KPI's) to track credit control performance
- Managed cashflow through weekly cashflow forecasts and reviewed actuals compared to forecast
- Provided margin analysis and variance commentary.
Finance and Administrative Assistant
WaterAid Zambia — Mansa Sub Office Luapula Province
04.2009 - 06.2012
- Reviewed all expenditure supporting documents, request missing documents, authorization and receipts for accuracy, completeness and correctness of codes to WaterAid
- Participated in periodic site visits to implement Sub — Recipient Financial Management policies
- Performed bank reconciliations for assigned projects
- Assisted in the compilation of required documentation for project audits
- Participated in preparing annual work plans and budgets with narratives to provide clarity on all cost estimates.
Education
ACT Certificate in Treasury -
Association of Corporate Treasurers (ACT) | United Kingdom
11.2024
Full CA Advisory Professional in Accountancy Business Route -
Self Study
12.2022
Certificate in Financial Management For Development Professionals (FMDPRO) -
Humentum
08.2021
National Accounting Technician (Natech) -
Evelyn Hone College | Lusaka
06.2005
O Level School Certificate -
Kabundi Secondary School | Chingola
11.1999
Skills
- Sound Knowledge of accounting principles, IFRSs and financial analysis methods
- IFRS 9 expected credit loss modeling expertise
- Expertise in creating data extracts for ad hoc reporting by applying analytical tools
- Proficient with Microsoft office, QuickBooks, Sun system, SAP, and Pastel evolution
- Strong analytical skills and advanced excel skills in financial modeling
- Possesses excellent interpersonal and Communication skills
- Strong decision support and communication skills
- Problem-Solving
- Time Management
- Teamwork and Collaboration
- Analytical Thinking
Personal Information
Date of Birth: 08/14/77
References
- Josephine Hachanda, Finance Manager, Development Alternative Inc (DAI), Stand No. 2374/B ZNF Building, Tiyende Pamodzi Road, Lusaka, (+260) 963040222, jossyzm@yahoo.com
- Mr. John Mutale, Grants Manager, ZCCP Kwatu, Plot No.18 Matandani Close, Lusaka, (+260) 73889116, jmutale@zccpkwatu.org
- Arnod Sichilombe, Senior Accountant, Varun Beverages Limited., Mungwi Road, Lusaka, (+260) 96 7987303, arnoldsich@yahoo.co.uk
Hobbies and Interests
- Reading mainly business and technological magazines.
- Watching and playing football; captain of a secondary football team at Kabundi High School.
Timeline
Accounts Semi Senior
BDO Zambia
09.2023 - Current
District Dedicated Accountant
Development Alternative Inc. (DAI Global)
04.2021 - 02.2023
Finance Officer
Zambia Centre For Communication Programmes (ZCCP Kwatu)
11.2018 - 03.2021
Commercial Accountant
Varun Beverages (Z) Limited
05.2015 - 09.2018
Debtors Accountant
Zambian Breweries Plc.
09.2012 - 03.2015
Finance and Administrative Assistant
WaterAid Zambia — Mansa Sub Office Luapula Province
04.2009 - 06.2012
ACT Certificate in Treasury -
Association of Corporate Treasurers (ACT) | United Kingdom
Full CA Advisory Professional in Accountancy Business Route -
Self Study
Certificate in Financial Management For Development Professionals (FMDPRO) -
Humentum
National Accounting Technician (Natech) -
Evelyn Hone College | Lusaka
O Level School Certificate -
Kabundi Secondary School | Chingola
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