Summary
Overview
Work History
Education
Skills
ADDITIONAL INFORMATION
Timeline
Generic

NAWAKWI MUMBA

Lusaka

Summary

Accomplished Senior Accountant with a proven track record, enhancing financial accuracy and efficiency through the implementation of robust internal controls and General Ledger accounting. Expert in financial statement review and audit preparation, I’ve led teams to streamline processes, significantly reducing errors, and improving compliance. My mentorship has fostered a culture of continuous improvement and professional development. Knowledgeable senior accounting professional offering 10 years of experience in financial operations. Strategic business leader, communicator, and people manager. Resourceful accounting professional with over 5 years of experience in audit preparation and reporting. Hardworking and passionate job seeker with strong organizational skills, eager to secure the advertised position in your organization. Ready to help the team achieve the company goal.

Overview

18
18
years of professional experience

Work History

Accounting Officer

KGL Community Development Company
Lusaka
02.2025 - Current
  • Developed policies and procedures for maintaining accurate financial data and ensuring timely reporting of results.
  • Developed strategies to improve efficiency in processing invoices and payments while also reducing costs associated with banking fees and interest charges.
  • Reconciled bank statements to general ledger accounts and prepared journal entries to correct discrepancies.
  • Provided technical assistance in the implementation of new software applications related to finance and accounting operations.
  • Assisted external auditors during annual audits by providing necessary information and documentation.
  • Assisted in the preparation of budgets by providing input on historical performance and future projections.
  • Monitored daily cash balances and prepared weekly cash forecasts.
  • Prepared final returns for filing with appropriate taxing authorities within deadlines.
  • Processed payroll data and maintained accurate records of employee time, wages, deductions, taxes, benefits, and other information.
  • Reconciled payroll accounts on a monthly basis to ensure accuracy of data entry into the system.

Treasury Accountant

DAVIS AND SHIRTLIFF
Lusaka
03.2024 - 02.2025
  • 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.
  • Strengthened internal controls, conducting regular audits to ensure compliance with policies and procedures.
  • Managed relationships with banking partners, negotiating favorable terms on credit facilities and investments.
  • Supported business continuity planning through diligent maintenance of up-to-date contingency funding arrangements ensuring minimal disruptions during unforeseen events.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Maintained integrity of general ledger and chart of accounts.
  • Trained new employees on accounting principles and company procedures.
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
  • Collected and reported monthly expense variances and explanations.
  • Ensured compliance with local statutory requirements related to payroll taxes, benefits.
  • Identified areas for process improvement within the accounting department.
  • Collaborated with other departments to ensure accurate recordkeeping of all transactions.
  • Reconciled bank accounts and other general ledger accounts on a regular basis.
  • Prepared journal entries for month-end close activities such as accruals, allocations, prepayments.
  • Provided technical guidance on complex accounting matters to staff members.
  • Prepared monthly management accounts including profit and loss statements, balance sheets, cash flow statements, budgets, forecasts and variance analysis.

Senior Accountant

DAVIS AND SHIRTLIFF
Lusaka
03.2022 - 02.2024
  • Streamlined the financial reporting process by implementing new accounting software and automating tasks.
  • Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
  • Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
  • Spearheaded a team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
  • Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit’s performance.
  • Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
  • Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
  • Developed comprehensive budget plans for each department, collaborating closely with managers to align expenses with strategic goals.
  • Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
  • Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds.
  • Served as a key liaison between Finance and Operations teams, ensuring effective communication on budgetary matters and fostering cross-functional collaboration.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Completed year-end closing processes with controllers and external auditors.
  • Expedited payroll and invoicing by streamlining billing systems.
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
  • Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.

Accountant

DAVIS & SHIRTLIFF
Lusaka
06.2014 - 02.2022
  • Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
  • Improved financial accuracy by conducting thorough account reconciliations and adjusting journal entries.
  • Spearheaded the transition from manual accounting processes to an automated system, resulting in significant time savings for staff members involved in routine tasks.
  • Served as a key liaison between the accounting department and other functional areas within the company, working closely with managers to address financial issues that may impact their respective profit centers or divisions.
  • Trained and mentored junior staff members on various aspects of general accounting principles, software applications, and best practices in order to foster a culture of continuous learning and professional development.
  • Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
  • Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
  • Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Gathered financial information, prepared documents, and closed books.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
  • Leveraged finance knowledge to strengthen controls and improve transparency.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Prepared thorough reports, commentaries and financial statements.
  • Monitored company sales, spending and budgets.

Auditor

GBO Chartered Accountants
Lusaka
09.2007 - 01.2013
  • 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.
  • Maintained confidentiality, handling sensitive information discreetly throughout all stages of the audit process.
  • Provided detailed documentation on audit findings, facilitating swift corrective action when necessary.
  • Managed multiple concurrent audit engagements, prioritizing tasks to meet deadlines without compromising quality.
  • Conducted risk assessments to determine areas requiring increased focus during subsequent audits.
  • Planned and executed follow-up audits at appropriate intervals.
  • Interviewed auditees to gather data needed to conduct audits.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.

Education

ACCA - Finance

Zambia Centre for Accountancy Studies
Lusaka
12.2015

Skills

  • Internal controls implementation
  • Generally Accepted Accounting Principles
  • Financial statement review
  • General ledger accounting
  • Internal Controls
  • Recordkeeping
  • Audit preparation
  • Financial reporting
  • Budget preparation
  • Bank reconciliation
  • Payroll administration
  • Team leadership
  • Problem solving

ADDITIONAL INFORMATION

  • References
  • References available upon request.

Timeline

Accounting Officer

KGL Community Development Company
02.2025 - Current

Treasury Accountant

DAVIS AND SHIRTLIFF
03.2024 - 02.2025

Senior Accountant

DAVIS AND SHIRTLIFF
03.2022 - 02.2024

Accountant

DAVIS & SHIRTLIFF
06.2014 - 02.2022

Auditor

GBO Chartered Accountants
09.2007 - 01.2013

ACCA - Finance

Zambia Centre for Accountancy Studies

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