NAWAKWI MUMBA
Lusaka,09
Summary
Seasoned accountant professional knowledgeable about risk aversion strategies, cost reduction options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities.
Overview
12
12
years of professional experience
Work History
Senior Treasury Accountant
DAVIS AND SHIRTLIFF GROUP
06.2020 - Current
- Enhanced financial reporting accuracy by conducting thorough daily bank reconciliations for company accounts.
- Streamlined cash management processes, implementing efficient payment and receipt tracking systems.
- Improved cash flow forecasting by analyzing historical data and monitoring economic trends.
- Ensured accurate financial records, diligently maintaining general ledger accounts for treasury transactions.
- Optimized investment portfolios by closely monitoring market conditions and performing regular risk assessments.
- Reduced foreign exchange risks through the implementation of effective hedging strategies.
- Managed relationships with banking partners, negotiating favorable terms on credit facilities and investments.
- Evaluated financing options, recommending optimal debt structures to minimize borrowing costs while maintaining liquidity requirements.
- Implemented process improvements in relation to cash handling procedures, reducing instances of discrepancies or errors significantly.
- Assisted in formulating treasury policies that aligned with organizational objectives while adhering to regulatory guidelines effectively mitigating financial risks faced by the company at all times.
- Diligently monitored interest rate fluctuations, adjusting investment strategies accordingly to preserve capital and maximize returns consistently.
- Provided training sessions aimed at improving the financial acumen of non-finance colleagues, fostering a more cohesive and collaborative working environment across departments.
- Prepared working papers, reports and supporting documentation for audit findings.
- Tracked funds, prepared deposits and reconciled accounts.
- Maintained integrity of general ledger and chart of accounts.
Accountant
DAVIS AND SHIRTLIFF ZAMBIA
01.2014 - 12.2020
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
- Maintained compliance with federal, state, and local tax laws by staying informed about changes and filing all required forms accurately and promptly.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Provided critical support during system upgrades or conversions by working closely with IT staff to ensure minimal disruption to daily operations.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
- Established strong relationships with banking partners to facilitate access to various financial services and secure favorable lending terms for the organization.
- Handled day-to-day accounting processes to drive financial accuracy.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Prepared working papers, reports and supporting documentation for audit findings.
- Tracked funds, prepared deposits and reconciled accounts.
- Trained new employees on accounting principles and company procedures.
AUDITOR
GEORGE BAISON & OBED CHARTERED ACCOUNTANTS
01.2012 - 12.2013
- Enhanced financial accuracy by conducting thorough audits and identifying discrepancies in financial statements.
- Increased internal control effectiveness through diligent evaluation of processes and providing recommendations for improvement.
- Ensured compliance with regulatory requirements by performing regular audits and staying up-to-date on industry standards.
- Streamlined audit processes, improving efficiency and reducing time spent on each audit engagement.
- Assisted clients in understanding complex tax regulations by providing clear explanations and guidance.
- Supported management decision making with accurate financial data analysis and insights from audit findings.
- Maintained confidentiality, handling sensitive information discreetly throughout all stages of the audit process.
- Managed multiple concurrent audit engagements, prioritizing tasks to meet deadlines without compromising quality.
- Ensured the integrity of financial reporting by verifying the accuracy of accounting records and reconciliations.
- Mentored junior auditors, sharing knowledge and best practices to foster their professional growth within the team.
- Communicated with auditee staff to obtain necessary information for audits.
- Executed audit phases and entered data into accounting software for analysis.
- Consulted clients on internal control systems development and audit program improvements.
Education
ACCA - Accounting And Finance
ZAMBIA CENTRE FOR ACCOUNTANCY STUDIES
LUSAKA12.2015
Skills
- Cost Accounting
- Accounting Principles
- Tax Compliance
- Investment Management
- Month-end Close
- Revenue Recognition
- Expense Reports
- Cash Management
- Audit Preparation
- Variance Analysis
- Cash Flow Forecasting
- Bank Reconciliation
References
References available upon request.
Timeline
Senior Treasury Accountant
DAVIS AND SHIRTLIFF GROUP
06.2020 - Current
Accountant
DAVIS AND SHIRTLIFF ZAMBIA
01.2014 - 12.2020
AUDITOR
GEORGE BAISON & OBED CHARTERED ACCOUNTANTS
01.2012 - 12.2013
ACCA - Accounting And Finance
ZAMBIA CENTRE FOR ACCOUNTANCY STUDIES
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