Nicholas Jila
Lusaka
Summary
Detail-oriented Accountant skilled in financial operations management, including ledger reconciliation and reporting. Leverages data analysis and time management to optimize financial processes. Proven expertise in data interpretation and accounting strategy implementation, contributing to enhanced departmental efficiency.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Receivables Accountant
Zynle Technologies Limited
Lusaka
04.2024 - Current
- Managed accounts receivable to ensure timely billing and collections.
- Processed daily deposits, reconciled cash receipts, and applied payments to customer accounts to ensure accurate financial tracking.
- Reconciled customer accounts to maintain accurate financial records.
- Investigated and resolved billing issues to enhance cash flow and reduce outstanding liabilities.
- Monitored credit limits assigned to each customer to minimize risk exposure.
- Conducted credit checks on new customers to ensure creditworthiness.
- Reviewed contracts to ensure proper revenue recognition according to GAAP principles.
- Reconciled bank statements against the company's general ledger accounts regularly.
- Generated financial reports for management to support informed decision-making.
- Performed audits of operational and financial areas to check compliance.
- Liaised with auditors to complete annual audits and maintain compliance with local, state and federal requirements.
- Supported efficient accounting operations with high-quality administrative support.
Assistant Accountant
Zynle Technologies Limited
Lusaka
02.2023 - 04.2024
- At Zynle am the Receivables Accountant, I support the Payables Accountant and Chief Finance Officer with preparation of financial statements, bank and partner reconciliation by processing quotations, invoices, Receipts and Assisting in preparing VAT returns. As Receivables Accountant I am also responsible for finalising month-end and year-end Receivables accounts.
- Oversaw accounts payable and receivable processes, facilitating timely financial reporting and enhancing cash flow management.
- Prepared monthly financial statements and reconciliations.
- Assisted in the preparation of monthly financial statements and management accounts.
- Assisted finance department and senior accounting staff in preparing budgets, records, and statements to support financial operations.
- Compiled reports detailing outstanding debtor accounts for financial review.
- Complete checking and investigating discrepancies in invoices to determine the accuracy of charges.
- Completing bank, customer and partner reconciliations.
- Timely follow-up with customers and ensure an open and transparent communication.
- Verifying Customer balances in accounting books and rectifying discrepancies.
- Verifying bank deposits.
- Posting daily receipts and completing the financial analysis reports.
- Reviewed expense reports for compliance with company policies, ensuring accurate financial documentation.
- Coordinating internal and external audits.
- Collaborated with auditors to facilitate annual audits and ensure compliance.
- Communicated effectively with vendors to resolve billing and payment issues.
- Managed daily banking transactions, including deposits, withdrawals, and transfers.
- Managed daily bookkeeping functions with attention to accounts receivable, accounts payable, banking reconciliation and disbursements.
- Prepared month-end closing entries for detailed reporting and recordkeeping.
- Prepared account analysis and reconciliation, including bank statements and intercompany general ledger accounts.
- Monitored accounts payable and receivable statuses and delegated related tasks.
- Reconciled expenses and financial records.
- Reconciled expenses and financial records.
- Reconciled expenses and financial records.
Accountant-Operations
Altus Capital Limited
Lusaka
01.2022 - 01.2023
- Statutory obligations NAPSA Returns, WHT, PAYE Returns, NHIMA and VAT/Levy.
- Regulatory Monthly Reports Preparation of Operations Management Accounts Posting of all transactions in the Accounting Systems. (NAV Dynamics) Verifies accounting records to external sources Recognises income and expenses on an accruals basis.
- Managed cash inflows and outflows from fund investors by negotiating favorable rates for investments, conducting daily, weekly, and monthly net asset valuations.
- Generated quarterly financial reports to detail company revenues and expenses.
- Account for capital activity (subscriptions and redemptions) Calculate and monitor expense accruals and Process expense payments.
- Process and monitor corporate actions-(GRZ Bonds, GRZ Treasury Bills and Fixed term Deposit) Monitor Market Price Movement on all financial instruments Reconcile cash and portfolio positions with custodians records Preparing of investors and regulatory reports Monthly and quarterly.
- Generated regular reports and reconciliations, providing stakeholders with critical financial data to ensure compliance and informed decision-making.
- Identified and implemented process changes to improve reporting time and quality.
- Communicated with internal and external auditors to coordinate scheduled audits and compliance reviews.
Investment Accountant and Finance
Altus Capital Limited
01.2021 - 12.2021
- To prepare Regulatory Reports on a monthly basis before 10th of every month.
- Reconciled all company investments to ensure accurate financial reporting.
- Prepared detailed evaluation reports and presented investment recommendations to management and Altus Capital Limited Investment Committee to inform strategic decision-making.
- Define and negotiate the terms of investment on long-term and short-term investments.
- Reconciled client statements to produce daily reports.
- Reconciled bank accounts and credit card statements to address financial expenditures.
- Posted all transactions in accounting systems (Pastel Accounting) for group monthly reports, recognized income and expenses on an accruals basis, and verified accounting records against external sources.
- Organize and prepare legal documents, in coordination with internal and external resources Supervision of investment portfolio in custody by identifying any possible problems and coming up with solutions.
- Oversaw budget, accounting and payroll to meet deadlines.
- Optimized operational processes to enhance efficiency and meet targets.
- Trained and mentored high-performing team through regular performance reviews, individual feedback and professional coaching.
- Directed day-to-day operations by spearheading the implementation of short-term and long-term strategies to achieve business plan and profitability goals.
- Preparation of Manufacturing Management Accounts Statutory obligations NAPSA Returns, WHT, PAYE Returns, NHIMA and VAT/Levy.
Assistant Accountant
Altus Capital Limited
01.2019 - 12.2020
- Reconciled accounts, cashbook, and bank statements to ensure accuracy and compliance.
- Managed daily bookkeeping functions, focusing on accuracy in accounts receivable, accounts payable, bank reconciliation, and disbursements.
- Posted journal and ledger entries, prepared financial statements and reports and closed books.
- Oversaw petty cash, fuel expenses, and fixed asset reconciliation; verified accounting records against external sources to maintain accuracy.
- Account for fund income Process and monitor corporate actions Price financial instruments Reconcile cash and portfolio positions to custody records Prepare investor and regulatory reporting.
- Prepared and filed payroll taxes (NAPSA, PAYE & NHIMA) to ensure compliance with applicable regulations and deadlines.
Reconciliation Specialist
Madison Assets Company Limited
09.2017 - 12.2018
- Reconciliation of detailed Clients Accounts.
- Verified transactions and balances for accurate classification within GL as asset, liability, equity, income, or expense.
- Researched and resolved discrepancies and outages identified in reconciliation process to ensure data integrity.
- Completes reconciliations in a timely manner per defined deadlines.
- Reported reconciliation deficiencies or irregularities to Senior Accountant for timely resolutions and recommendations.
- Creates, maintains, or updates reconciliation procedures for assigned accounts as required.
- Keeps associated supporting documentation and evidence for journal entries as defined by reconciliation procedures.
- Executed additional accounting tasks while ensuring confidentiality.
Data Entry Officer
Airtel Zambia Limited
12.2014 - 07.2016
- Entered customer and account data by inputting alphabetic and numeric information; processed source documents by reviewing data for deficiencies and resolving discrepancies through standard procedures.
- Verify entered customer and account data by reviewing, correcting, deleting, or re-entering data; combining data from both systems when account information is incomplete; purging files to eliminate duplication of data.
- Maintained database by entering and updating customer and account information to ensure data accuracy.
- Respond to customer's query and Secure information by completing database backups.
- Supported team initiatives by contributing to collaborative efforts that achieved shared goals.
Education
Bachelor's Degree - Accounting and Finance
Mulungushi University
Kabwe01-2024
Accounting Technician Diploma -
National Institute of Public Administration (NIPA)
Lusaka01-2014
Grade Twelve (12) Academic Certificate -
Chongwe High School
Chongwe01-2010
Skills
- Accounts receivable management
- Accounts reconciliation
- Receivable ageing
- Invoice processing
- Payment processing
- Bank reconciliation
- Ledger maintenance
- Revenue recognition
- Financial reporting
- Tax compliance
- Data analysis
- Excel proficiency
- Microsoft Office
- Problem solving
- Team collaboration
Affiliations
- Finance & Investments Specialist / Accountant, ZICA Technician,
2025 Fully Paid-Up Member - Financial Modeling & Valuation in Excel - Complete Course.
Accomplishments
- Worked with internal and external auditors in producing financial statements for seven (7) different unit trust fund accounts.
- Reconciled and analyzed all balance sheet accounts and made adjusting entries as required.
References
- Mrs Cecilia Siabusu, Managing Director, Altus Capital Ltd, 0977753262, cksiabusu@gmail.com
- Mr Hachimweeta Bweembelo, Chief Finance Officer, Altus Capital Limited, 0969-476709
- Kishan Vaghela, Executive Director, Altus Capital Limited, 0966455200
- Mr. Jeff Katawa, Finance Manager, Madison Assets Company Limited, 0977-938468, Katawajeff@gmail.com
Personal Information
- Hobbies: Reading, Swimming, Football
- Driving License: B
Certification
- Financial modeling, valuation in Excel, complete
- ZICA-Technician Membership
- Drivers Licence
Work Preference
Salary Range
ZK40000/yr - ZK200000/yrTimeline
Receivables Accountant
Zynle Technologies Limited
04.2024 - Current
Assistant Accountant
Zynle Technologies Limited
02.2023 - 04.2024
Accountant-Operations
Altus Capital Limited
01.2022 - 01.2023
Investment Accountant and Finance
Altus Capital Limited
01.2021 - 12.2021
Assistant Accountant
Altus Capital Limited
01.2019 - 12.2020
Reconciliation Specialist
Madison Assets Company Limited
09.2017 - 12.2018
Data Entry Officer
Airtel Zambia Limited
12.2014 - 07.2016
Bachelor's Degree - Accounting and Finance
Mulungushi University
Accounting Technician Diploma -
National Institute of Public Administration (NIPA)
Grade Twelve (12) Academic Certificate -
Chongwe High School