Maunga Tilima Michelo

• Developed and managed financial plans for a variety of investments.
• Prepared financial documents such as budgets, forecasts and reports.
• Reviewed and analyzed budget variances to ensure accuracy of financial information.
• Monitored cash flow to ensure sufficient liquidity.
• Conducted risk management assessments and created strategies to minimize potential risks.
• Assisted in the development of internal controls to protect company assets.
• Analyzed complex financial data and generated meaningful reports for senior management.
• Provided guidance on accounting issues related to new business initiatives.
• Identified opportunities for cost savings through process improvements and automation initiatives.
• Created monthly performance metrics that tracked key performance indicators.
• Performed due diligence activities prior to making strategic investments or acquisitions.
• Evaluated existing processes within the finance department and identified areas for improvement.
• Collaborated with external auditors during annual audits to ensure accuracy of financial statements.
• Established relationships with banking partners to secure favorable terms on financing arrangements.
• Developed forecasting models utilizing historical data trends to predict future revenues and expenses.
• Managed payroll processing activities for multiple entities including tax filings.
• Advised executive leadership on capital allocation decisions based on market conditions.
• Maintained accounts payable and receivable records ensuring timely payments are made.
• Coordinated with other departments within the organization regarding budgeting matters.
• Negotiated contracts with vendors in order to obtain competitive pricing structures.
• Analyzed financial data to determine efficient use of resources.
• Managed financial transactions involving general funds and contracts to reduce cashflow challenges.
• Analyzed actual financial results vs budget to prepare variance reporting to functional groups.
• Made estimates of funds required for short and long-term financial objectives of organization.
• Analyzed sales activity to identify and correct cost errors or price discrepancies.
• Strategized on fund procurement through banks and other financial institutions.
• Led financial reporting processes, ensuring compliance with accounting standards and regulations.
• Managed relationships with investors, providing updates and addressing inquiries to maintain confidence.
• Coordinated cross-functional teams to drive efficiency and effectiveness in financial operations.
• Provided strategic financial advice to senior management and board members.
• Managed investment portfolios, assessing risk and return to make informed decisions.
• Enhanced financial systems and processes through the implementation of technology solutions.
• Implemented cost-reduction strategies to optimize spending and increase efficiency.
• Evaluated and managed financial risks, implementing strategies to mitigate adverse impacts on the organization.
• Analyzed competitive landscape and financial metrics to support strategic planning and market positioning.
• Prepared and analyzed financial statements to inform executive decision-making.
• Conducted variance analysis to identify discrepancies between actual and budgeted performance.
• Monitored financial markets and trends to inform investment strategies and risk management.
• Coordinated with external auditors to facilitate annual audits and improve financial processes.
• Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.

• Invested funds and recommended appropriate dividend issuances based on historical dividend patterns and expected cash flows.
• Communicated with stockholders or other investors to provide information or raise capital.
• Used hedging to mitigate financial risks related to interest rates on company's borrowings.
• Analyzed competitors and market trends to facilitate business growth.
• Created financial management mechanisms to minimize financial risk to business.
• Recommended new financial and accounting software packages. replacing various non-integrated offerings.
• Developed invoicing systems and internal controls to boost billing efficiencies.
• Built financial models to allocate resources, forecast cash and investment needs and make capital budgeting decisions.
• Coordinated approval or rejection of lines of credit or commercial, real estate or personal loans.
• Coordinated preparation of external audit materials and external financial reporting.
• Managed relationships with tax authorities, bankers and auditors.
• Created and updated financial reports on frequent basis to present information to leadership teams.
• In charge of both the Management and Financial Accounting and Reporting.
• Ensures preparation of Company payroll and payment of correct salaries on due dates, and that statutory (PAYE, NAPSA), and other deductions are effected and paid on due dates.
• Checks that all invoices for goods received or services rendered are accrued, signed, and posted on the SAGE Accounting system before they are paid in order to reflect all the liabilities that are due.
• Supervise, appraise, coach, train, discipline, and motivate subordinates in order to achieve unit objectives, thereby contributing to the achievement of the Corporation's objectives.
• Ensured accurate and timely compliance with tax filing requirements and other regulatory obligations.

• Prepared, analyzed and interpreted monthly financial statements for management review.
• Reviewed and reconciled bank statements on a daily basis.
• Developed, maintained and updated accounting systems to ensure accuracy of financial information.
• Monitored budget performance against actual results, identified discrepancies, and recommended corrective actions.
• Performed month-end closing activities including journal entries, reconciliations and other related tasks.
• Prepared complex financial reports such as balance sheets, income statements and cash flow statements.
• Analyzed corporate operations to identify cost savings opportunities.
• Conducted variance analysis between forecasted results and actuals to explain fluctuations in revenues or expenses.
• Researched potential investments opportunities based on ROI calculations.
• Maintained fixed asset register ensuring accurate depreciation calculation.
• Negotiated financial logistics for company projects and forecasted income and expenditure.
• Supervised and delegated tasks for accounting technician teams and assisted with team tasks when necessary.
• Prepared and presented financial reports, budgets and statements.
• Selected and managed company investment decisions and researched new and potential opportunities.
• Developed, managed and maintained key company accounts.
• Diminished financial discrepancies and accurately reconciled accounts using detailed data analysis results.
• Designed internal control policies to improve audit scores.
• Performed audits of operational and financial areas to check compliance.
• Maintained accurate accounts for cash, fixed assets and other transactions.
• Providing training to the members of the Pension
• Financial analysis of performance of the DC Fund, DB Fund, and Administrative Services Fund.
• Investment Analysis of Performance of the DC and DB Fund.
• To ensure compliance with regulations and investment policy Statements.

KEY ACHIEVEMENTS

• Implementation of cost reduction strategies that helped the Fund to move from a deficit position to a surplus position.
• Implementation of debt recovery strategies that have helped to reduce a debtors Balance from K 10 million to about 3.5 million in a period of 1 year 8 months.
• Implementation of investment strategies that helped improve the Return on Investments (ROI) from -5% to 23% looking at the challenges the economy had due to the pandemic

• Managed accounts receivable and payable, reconciled bank statements, and prepared financial reports.
• Monitored compliance with applicable laws, regulations, policies, and procedures related to fund accounting activities.
• Created various monthly, quarterly, annual reports for investors and regulatory bodies as required by law or contractual agreements.
• Maintained accurate records of all fund assets including securities,
• Provided support for tax filing requirements for each portfolio managed by the firm.
• Identified discrepancies between account activity and general ledger entries; researched issues with custodians or brokers when necessary.
• Performed ad hoc analysis on portfolios as requested by clients or internal departments.
• Reviewed and reconciled daily cash balances to ensure accuracy of fund accounting records.
• Prepared reports on cash flow, investment performance, and other analyses as requested by management.
• Collaborated with external auditors during year-end audit process to ensure accuracy of financial reporting standards.
• Analyzed fund requests and managed fund distributions.
• Prepared timely and accurate net asset values, yields, distributions, and other fund accounting output.
• Prepared budgets for funds, processed capital distribution and conducted month-end closing and valuation.
• Maintained fund portfolios, bookkeeping and records based on GAAP and IFRS regulatory standards.
• Streamlined accounting by processing new investment funding and pay disbursements.
• Monitored investments and reviewed receipts and other shareholder materials for discrepancies.
• Presented audit results to management teams, delivering information in non-technical terms for easy understanding.
• Collaborated with external partners to complete audits.
• Cross-trained employees, enabling completion of priority tasks during personnel absences.
• Compiling of Actuarial Data.
• Submission of PIA Returns, Napsa Returns and ZRA Returns.
• Carry Out Property Inspections.

• Performed risk assessments to identify potential areas of non-compliance with applicable laws and regulations.
• Developed audit programs and test plans for financial, operational, compliance, and IT audits.
• Conducted interviews with staff members to obtain an understanding of internal control systems.
• Identified discrepancies between actual results and expected results from the audit tests.
• Analyzed complex accounting records to detect errors or irregularities.
• Prepared detailed reports on findings from the audit process for management review.
• Reviewed financial statements for accuracy and completeness in accordance with Generally Accepted Accounting Principles.
• Monitored progress against established timelines for completion of audit activities.
• Provided guidance to clients on how to improve their internal control systems and processes.
• Evaluated existing procedures and recommended changes as needed to ensure compliance with regulatory requirements.
• Assisted in training junior auditors on best practices related to auditing techniques.
• Participated in special projects such as fraud investigations or litigation support services.
• Researched current industry trends and developments that could impact client operations.
• Maintained a thorough knowledge of professional standards related to auditing activities.
• Collaborated with other departments within the organization to ensure proper coordination of efforts.
• Communicated effectively with stakeholders at all levels throughout the audit process.
• Ensured all documentation is properly maintained according to company policies and procedures.
• Coordinated and organized resources to execute audit projects.
• Evaluated operational risk, developed audit plans and documented results.
• Adhered to audit principles, standards and practices to maintain good company standing.
• Communicated with stakeholders on compliance audit plans, results and options for improvement.
• Directed and prioritized multiple, concurrent projects to deliver quality results.
• Recommended action plans to resolve audit and compliance findings.
• Identified risks using audit fundamentals and best practices.
• Performed audit procedures to validate financial report data.
• Assisted CFO with annual audits and reporting requirements.
• Assisted independent certified public accountants in performance of annual review,sand partnered with external IT auditors and followed up on information systems reviews for appropriate management actions.
• Performed risk assessments to identify financial and operational risks within client organizations.
• Diminished financial discrepancies and accurately reconciled accounts using detailed data analysis results.
• Managed and trained team members to enhance audit department performance and increase operational efficiency.

KEY CLIENTS AUDITED

• ZESCO Limited
• TAZAMA Pipelines
• National Pension Scheme Authority
• Zambeef Products
• Zambezi Ranching
• Consolidated Farming
• Copperbelt University
• Indo Zambia Bank
• EC Mining
• Lusenfwa Hydro Power
• Chimsoro Farming
• COMESA
• and other various Organisations including NGOs

• Reviewed and reconciled bank accounts to ensure accuracy of financial information.
• Prepared month-end closing activities including journal entries, accruals and amortizations.
• Analyzed budget discrepancies and implemented corrective action plans to resolve issues.
• Maintained general ledger accounts by verifying, allocating, posting transactions; reconciling accounts.
• Processed accounts payable invoices ensuring timely payments while adhering to company policies.
• Managed vendor relationships through timely payment processing and resolving inquiries.
• Developed detailed reconciliations between balance sheet accounts on a monthly basis.
• Researched customer billing disputes and resolved discrepancies with customers as needed.
• Performed daily cash management functions such as deposits, transfers, wire payments.
• Assisted with the preparation of financial statements including income statement, balance sheet and cash flow statements.
• Participated in periodic reviews of accounting processes and procedures to identify areas for improvement.
• Reconciled expenses and financial records.
• Prepared and issued customer invoices, monitored receivables, and managed collections process.
• Assisted with month-end and year-end close processes, preparing necessary journal entries.
• Assisted with tax preparation and filing, including sales tax and income tax returns.
• Coordinated with external auditors to facilitate annual auditing process.
• Conducted inventory counts and reconciliations to maintain accurate stock levels.
• Handled daily cash transactions and maintained petty cash fund.
• Processed payroll, calculated wages, deductions, and issued paychecks to employees.
• Liaised with vendors and suppliers to negotiate payment terms and resolve billing issues.

• Provided customer service in a courteous and professional manner.
• Answered customer inquiries via telephone, email and face-to-face contact.
• Resolved customer issues in an efficient and timely manner.
• Educated customers on products and services offered by the company.
• Assisted customers with placing orders for products and services.
• Processed payments from customers using point of sale systems.
• Maintained accurate records of customer interactions and transactions.
• Identified potential opportunities to upsell products or services to customers.
• Developed strategies to improve customer service processes and procedures.
• Created reports summarizing customer feedback data for management review.
• Handled escalated customer complaints and disputes in a professional manner.

• Identified and resolved discrepancies in accounts, invoices, and statements.
• Maintained accurate records of financial transactions.
• Reconciled bank accounts on a daily basis.
• Processed customer payments accurately and promptly.
• Performed month-end closing procedures, including journal entries and reconciliations.
• Generated monthly financial reports for management review.
• Assisted with the preparation of budgets and forecasts.
• Implemented internal controls to ensure compliance with accounting regulations.
• Prepared payroll related documents such as timesheets and leave forms.
• Ensured accuracy of vendor invoices before payment processing.
• Reviewed expense reports for accuracy prior to processing reimbursement requests.
• Provided support for the annual audit process by preparing necessary documents.