OSCAR CHINYANTA
Lusaka,Chilanga
Summary
Highly accomplished and results driven commercial and financial leader with twenty-three (23) years of diverse working experience in Financial Management, Financial Reporting, Financial Forecasting and Budgeting, Stakeholder Management and Debt Management. Demonstrated ability to streamline business operations that drive growth, increase efficiency and create value stakeholders. Team Player popular for working closely with other executives to create effective financial and commercial strategies focused on achieving organisational goals. Strong Financial Planning, budgeting, forecasting and performance management skills. Strong External and Internal stakeholder Management skills. Good Taxation and Treasury Planning and Management Skills. Experienced Business redesigning and continuous improvement expert. Experienced in handling and coordinating External and Internal Audits. Experienced at handling and managing relationships financial, business and legal advisors. Finance professional with proven ability to drive financial strategy and manage complex financial operations. Expertise in budgeting, forecasting, and financial analysis coupled with strong leadership skills. Known for fostering team collaboration and achieving results while adapting to changing business needs. Adept at implementing financial controls and ensuring compliance with industry standards. Finance professional with strong background in driving financial strategy and organizational growth. Proven track record of managing financial operations and implementing effective financial controls. Known for collaborative leadership and achieving results through team synergy and adaptability. Skilled in financial analysis, strategic planning, and risk management. Knowledgeable Chief Finance Officer with solid background in financial leadership and strategic planning. Successfully managed financial operations, leading to significant improvements in cost efficiency and profitability. Demonstrated expertise in risk management and financial forecasting. Knowledgeable Chief Finance Officer with solid background in financial leadership and strategic planning. Successfully managed financial operations, leading to significant improvements in cost efficiency and profitability. Demonstrated expertise in risk management and financial forecasting. Experienced with financial management, strategic planning, and risk assessment. Utilizes deep insights into financial markets to drive company profitability and sustainability. Strong understanding of compliance regulations and financial reporting standards. Talented Chief Financial Officer enthusiastic about developing policies, procedures, and both short- and long-range objectives for public institutions and private companies. Dedicated Chief Financial Officer familiar with financial decision making and company-wide policy development. Talent for overcoming operational issues and driving proactive improvements. Offering 23 years' experience in financial leadership.
Overview
25
25
years of professional experience
1
1
Certification
Work History
Chief Finance Officer
Tobacco Board of Zambia
Lusaka
10.2015 - 10.2024
- The Job was under the direct supervision of the Chief Executive Officer. The main objective of the Job was to oversee the sound Financial and Administrative affairs of the Tobacco Board of Zambia(TBZ). Ensuring that financial and administrative planning and reporting were executed to preserve the TBZ 's assets and to report accurate financial results to ensure the achievement of financial and administrative strategic objectives according to financial regulatory requirements.
- Helped TBZ double its revenues over a period of five (5) years by facilitating the adjustment of tobacco levies and adjusting other sources of incomes from rentals staying above inflation pressures.
- Increased the TBZ reserves from zero to more than ZMW40 million over the nine years that I served as CFO.
- I was a member of the team that repealed and replaced the Tobacco Act number 32 of 1968 with Tobacco Act Number 10 of 2022 of the laws of Zambia after more than fifty-five years of tobacco sector using an old and outdated Act.
- Member of the TBZ team that developed and started Implementation of the TBZ 2024 to 2028 Strategic Plan.
- Helped Tobacco Board of Zambia implement 85% of the strategies and objectives listed in the 2017 to 2022 Strategic Plan as the lead person and focal point person.
- Developed the TBZ Investment Plan and Policy and the Debt Management Plan and Policy.
- Facilitated the process that ensured that the audited TBZ Financial Statements became current after being five (5) years behind the reporting calendar and ensured the institution received unqualified audit reports for all the years as CFO.
- I was the focal point person in the Development and Implementation of the TBZ 2017 - 2021 Strategic Plan as well as the 2024 to 2028 Strategic Plan.
- Wrote and developed the TBZ Financial and Accounting Policies Manual, Transport and Motor Vehicle Maintenance Policy manual, the First Risk Management Policy Manual and Developed the organizational wide risk register.
- Helped TBZ develop the TBZ 2018 and 2025 Conditions of service and Human Resources Policies Manual; As well as facilitated the harmonization of the TBZ conditions of service to the recommendations by the Emoluments Commission of Zambia.
- Ability to work under pressure with minimum Supervision. Was part of the Tobacco Board of Zambia Senior Management Team for nine (9) years with the responsibility to Act as Chief Executive Officer from Time to Time.
- Created the first Comprehensive Tobacco Board of Zambia Fixed Assets Register and initiated the process of titling of all the TBZ properties not on title in the Country.
- Chairman of the TBZ Disciplinary Committee, Purchasing Evaluation Committee and Risk Management Committee for nine (9) years; As well as being a member of the TBZ Finance Committee of the Board as Secretary and member of the Management Procurement Committee.
CHIEF FINANCE OFFICER
TOBACCO BOARD OF ZAMBIA
Lusaka
10.2015 - 10.2024
- The Job was under the direct supervision of the Chief Executive Officer. The main objective of the Job was to oversee the sound Financial and Administrative affairs of the Tobacco Board of Zambia(TBZ). Ensuring that financial and administrative planning and reporting were executed to preserve the TBZ 's assets and to report accurate financial results to ensure the achievement of financial and administrative strategic objectives according to financial regulatory requirements.
- Helped TBZ double its revenues over a period of five (5) years by facilitating the adjustment of tobacco levies and adjusting other sources of incomes from rentals staying above inflation pressures.
- Increased the TBZ reserves from zero to more than ZMW40 million over the nine years that I served as CFO.
- I was a member of the team that repealed and replaced the Tobacco Act number 32 of 1968 with Tobacco Act Number 10 of 2022 of the laws of Zambia after more than fifty-five years of tobacco sector using an old and outdated Act.
- Member of the TBZ team that developed and started Implementation of the TBZ 2024 to 2028 Strategic Plan.
- Helped Tobacco Board of Zambia implement 85% of the strategies and objectives listed in the 2017 to 2022 Strategic Plan as the lead person and focal point person.
- Developed the TBZ Investment Plan and Policy and the Debt Management Plan and Policy.
- Facilitated the process that ensured that the audited TBZ Financial Statements became current after being five (5) years behind the reporting calendar and ensured the institution received unqualified audit reports for all the years as CFO.
- I was the focal point person in the Development and Implementation of the TBZ 2017 - 2021 Strategic Plan as well as the 2024 to 2028 Strategic Plan.
- Wrote and developed the TBZ Financial and Accounting Policies Manual, Transport and Motor Vehicle Maintenance Policy manual, the First Risk Management Policy Manual and Developed the organisational wide risk register.
- Helped TBZ develop the TBZ 2018 and 2025 Conditions of service and Human Resources Policies Manual; As well as facilitated the harmonisation of the TBZ conditions of service to the recommendations by the Emoluments Commission of Zambia.
- Ability to work under pressure with minimum Supervision.Was part of the Tobacco Board of Zambia Senior Management Team for nine (9) years with the responsibility to Act as Chief Executive Officer from Time to Time.
- Created the first Comprehensive Tobacco Board of Zambia Fixed Assets Register and initiated the process of titling of all the TBZ properties not on title in the Country.
- Chairman of the TBZ Disciplinary Committee, Purchasing Evaluation Committee and Risk Management Committee for nine (9) years; As well as being a member of the TBZ Finance Committee of the Board as Secretary and member of the Management Procurement Committee.
Full Time And/or Parttime Lecturer - School of Business
University of Lusaka
Lusaka
02.2015 - 12.2015
- The Job was under the direct supervision of the Head of Department School of Business. The main objective of the Job was to facilitate teaching, learning, carry out assessment and engage in research and consultancy of academic work activities relating to Financial Accounting, Management Accounting, Performance Management and Financial Management.
- Conducting Lecturers for Full Time, Part-time and Distance classes; in Financial Accounting, Financial Reporting and Performance Management.
- Preparation of class notes and study modules for students and advise students on reading materials for the respective courses.
- Supervision of undergraduate students in accountancy and related research fields.
- Engaging in research academic work in accountancy and related research fields and publishing the materials.
- Working with respective program coordinators in facilitating smooth running of programs.
- Enforce University regulations at all times within the courses.
- Ensure class registers are marked for every class conducted.
- Prepare lesson plans at the start of each semester for the course.
- Set examination papers and continuous assessment according to agreed standards.
- Submit marked scripts and Continuous Assessment (CA's) in good time to students and program coordinators and deans.
- Invigilate examinations and continuous assessment as required and enforce all examination rules.
- Compile examination results for respective programmes.
- Uphold high professional and quality standards in carrying on all duties and observe University Regulations.
- Attend board examiners meetings and all other meetings called upon by the University.
- Participating in community interaction / social impact initiatives on behalf of University.
- Involvement in academic administration and service-rendering duties as and when assigned by Management as Head of Accountancy Section.
FULL TIME AND/OR PARTTIME LECTURER
UNIVERSITY OF LUSAKA
Lusaka
02.2015 - 12.2015
- The job was under the direct supervision of the Head of the Department of the School of Business.
- The main objective of the job was to facilitate teaching and learning, carry out assessment, and engage in research and consultancy of academic work activities relating to financial accounting, management accounting, performance management, and financial management.
- Conducting Lecturers for Full Time, Part-time and Distance classes; in Financial Accounting, Financial Reporting and Performance Management.
- Preparation of class notes and study modules for students and advise students on reading materials for the respective courses.
- Supervision of undergraduate students in accountancy and related research fields.
- Engaging in research and academic work in accountancy and related research fields and publishing the materials.
- Working with respective program coordinators in facilitating smooth running of programs.
- Enforce University regulations at all times within the courses.
- Ensure class registers are marked for every class conducted.
- Prepare lesson plans at the start of each semester for the course.
- Set examination papers and continuous assessment according to agreed standards.
- Submit marked scripts and Continuous Assessment (CA's) in good time to students and program coordinators and deans.
- Invigilate examinations and continuous assessment as required and enforce all examination rules.
- Compile examination results for respective subjects.
- Uphold high professional and quality standards in carrying on all duties and observe university regulations.
- Attend board examiners meetings and all other meetings called upon by the university.
- Participating in community interaction/social impact initiatives on behalf of the university.
- Involvement in academic administration and service-rendering duties as and when assigned by Management as Head of Accountancy Section.
Accounts and Administration Officer
Akaal Engineering Limited
Lusaka, Zambia
02.2014 - 01.2015
- Preparation of overall company budgets and quarterly management accounts for submission to the Board.
- Preparation of overall company year end Financial statements for submission to the Board.
- Carrying out year end audits, preparation of audit pack and attending to audit queries.
- Controlling bank and cash balances and ensuring that effective banking arrangements are in place.
- Maintaining of an accurate fixed assets register and carrying out half yearly fixed assets verification.
- Preparation monthly Bank reconciliations statements for all company accounts.
- Formulation of financial policies and guidelines in the company to enhance accountability.
- To ensure timely preparation of the payroll and payment of statutory obligations.
- To prepare annual financial statements for internal and external use.
- To establish and maintain an effective relationship with all statutory regulatory bodies and auditors to ensure that the financial needs and interests of the company are efficiently and effectively met.
- To control revenue and cash expenditure and ensure it is kept within the authorized budgets for the Company and individual budget holders.
- Life-cycle Management: Manage assets from acquisition to disposal, ensuring they meet operational needs and financial constraints.
- Asset Monitoring: Track the condition, location, and performance of all fleet vehicles and major equipment.
- Fuel Management: Monitor fuel consumption and costs to identify opportunities for savings and increased efficiency.
- Driver Management: Overseeing driver performance, behavior, scheduling, and compliance with working hours and regulations.
- Inventory Management: Maintain accurate and up-to-date records of all fleet assets.
- Any other duties commensurate with the scope and nature of the post or as delegated by Chief Executive Officer.
ACCOUNTS AND ADMINISTRATION OFFICER
AKAAL ENGINEERING LIMITED
Lusaka, Zambia
02.2014 - 01.2015
- Duties and Responsibilities included, but were not limited to the following:
- Preparation of overall company budgets and quarterly management accounts for submission to the Board.
- Preparation of overall company year end Financial statements for submission to the Board.
- Co-ordinating year end audits, preparation of audit pack and attending to audit queries.
- Controlling bank and cash balances and ensuring that effective banking arrangements are in place.
- Maintaining of an accurate fixed assets register and carrying out half yearly fixed assets verification.
- Preparation monthly Bank reconciliations statements for all company accounts.
- Formulation of financial policies and guidelines in the company to enhance accountability.
- To ensure timely preparation of the payroll and payment of statutory obligations.
- To prepare Annual financial statements for internal and external use.
- To establish and maintain an effective relationship with all statutory regulatory bodies and auditors to ensure that the financial needs and interests of the company are efficiently and effectively met.
- To control revenue and cash expenditure and ensuring it is kept within the authorised budgets for the Company and individual budget holders.
- Life-cycle Management: Manage assets from acquisition to disposal, ensuring they meet operational needs and financial constraints.
- Asset Monitoring: Track the condition, location, and performance of all fleet vehicles and major equipment.
- Fuel Management: Monitor fuel consumption and costs to identify opportunities for savings and increased efficiency.
- Driver Management: Overseeing driver performance, behavior, scheduling, and compliance with working hours and regulations.
- Inventory Management: Maintain accurate and up-to-date records of all fleet assets.
- Any other duties commensurate with the scope and nature of the post or as delegated by Chief Executive Officer.
Lecturer - Management and Financial Accounting
Zambia Centre for Accountancy Studies
07.2009 - 01.2014
- The Job was under the direct supervision of the Manager Zambia Institute of Chartered Accountants (ZICA) Programmes and Association of Chartered and Certified Accountants Foundations In Accountancy (ACCA-FIA) Programmes. The main objective of the Job was to facilitate teaching, learning, carry out assessment and engage in research of academic work activities relating to Financial Accounting, Management Accounting, Performance Management and Financial Management related courses.
- Facilitation of teaching, learning and assessment activities in the following Courses; ACCA Programme F5 Performance Management at the skills level and F2 Management accounting at the Introduction level.
- ACCA-FIA Programme paper FMA Planning, control and performance management and Drafting, financial statements.
- CIMA CBA Programme Fundamentals of Management accounting CIMA Operations level P1 Performance Operations.
- ZICA Programme Advanced Management Accounting (P2) at the Professional level and Management accounting Licentiate level.
- Managed to improve the pass mark for Management accounting in ACCA from 33% to 75%.
- Participating in the development and implementation of online learning opportunities and assessments, including the development of simulations.
- Supervision of undergraduate students in accountancy and related research fields.
- Engaging in research academic work in accountancy and related research fields.
- Participating in community interaction / social impact initiatives on behalf of ZCAS.
- Involvement in academic administration and service-rendering.
LECTURER- MANAGEMENT AND FINANCIAL ACCOUNTING
ZAMBIA CENTRE FOR ACCOUNTANCY STUDIES
07.2009 - 01.2014
- The Job was under the direct supervision of the Manager Zambia Institute of Chartered Accountants (ZICA) Programmes and Association of Chartered and Certified Accountants Foundations In Accountancy (ACCA-FIA) Programmes. The main objective of the Job was to facilitate teaching, learning, carry out assessment and engage in research of academic work activities relating to Financial Accounting, Management Accounting, Performance Management and Financial Management related courses.
- Facilitation of teaching, learning and assessment activities in the following Courses;
- ACCA Programme F5 Performance Management at the skills level and F2 Management accounting at the Introduction level.
- ACCA-FIA Programme paper FMA Planning, control and performance management and Drafting, financial statements.
- CIMA CBA Programme Fundamentals of Management accounting CIMA Operations level P1 Performance Operations.
- ZICA Programme Advanced Management Accounting (P2) at the Professional level and Management accounting Licentiate level.
- Managed to improve the pass mark for Management accounting in ACCA from 33% to 75%.
- Participating in the development and implementation of online learning opportunities and assessments, including the development of simulations.
- Supervision of undergraduate students in accountancy and related research fields.
- Engaging in research academic work in accountancy and related research fields.
- Participating in community interaction / social impact initiatives on behalf of ZCAS.
- Involvement in academic administration and service-rendering.
Management Accountant
Tap Zambia Limited
Chilanga, Lusaka, Zambia
01.2005 - 01.2009
- The Job was under the direct supervision of the Director Finance. The main objective of the job was to prepare, analyse and report on management accounting information, to provide managers with timely, accurate and relevant information, and to contribute to the organisation's financial management procedures to ensure that they are effective, efficient and compliant with appropriate financial, statutory and regulatory requirements.
- Producing on a monthly basis management information namely gross margin analysis, Profit and loss statement, balance sheet, cash flow statement, and creditors and Debtors aging.
- Checking and certifying on a monthly basis that company operating results reflect a true and fair view of the statement of affairs.
- Monitoring on a monthly basis that direct costs, production, and other operational overheads are within the approved company budget.
- Investigating any sharp variances noticed and the results reported to the Finance Director for his attention and guidance when necessary.
- Supervising stores to ensure that records were properly and accurately maintained.
- Checking all costing for imported goods to ensure that correct exchange rates have been used and ensuring they were properly costed and correctly captured in the Financial Statements.
- Preparation of monthly Nominal ledger journals for imported goods and other accruals.
- Preparation of monthly depreciation schedules and passing of ledger journals thereof.
- Attending to and managing all queries arising from VAT assessment by ZRA inspectors.
- Reconciling on monthly basis fifty-one (51) Nominal ledger accounts.
- Maintenance of an accurate fixed assets register and carrying out half-yearly fixed assets verification.
- Management of Debtors Ledger for the entire Company and ensuring clients paid their debts as when they were due.
- Preparation of annual Business Plans and Budgets for the company as a whole.
MANAGEMENT ACCOUNTANT
TAP ZAMBIA LIMITED
CHILANGA, LUSAKA, Zambia
01.2005 - 01.2009
- The Job was under the direct supervision of the Director Finance. The main objective of the job was to prepare, analyse and report on management accounting information, to provide managers with timely, accurate and relevant information, and to contribute to the organisation's financial management procedures to ensure that they are effective, efficient and compliant with appropriate financial, statutory and regulatory requirements.
- Producing on a monthly basis management information namely gross margin analysis, Profit and loss statement, balance sheet, cash flow statement, and creditors and Debtors aging.
- Checking and certifying on a monthly basis that company operating results reflect a true and fair view of the statement of affairs.
- Monitoring on a monthly basis that direct costs, production, and other operational overheads are within the approved company budget.
- Investigating any sharp variances noticed and the results reported to the Finance Director for his attention and guidance when necessary.
- Supervising stores to ensure that records were properly and accurately maintained.
- Checking all costing for imported goods to ensure that correct exchange rates have been used and ensuring they were properly costed and correctly captured in the Financial Statements.
- Preparation of monthly Nominal ledger journals for imported goods and other accruals.
- Preparation of monthly depreciation schedules and passing of ledger journals thereof.
- Attending to and managing all queries arising from VAT assessment by ZRA inspectors.
- Reconciling on monthly basis fifty-one (51) Nominal ledger accounts.
- Maintenance of an accurate fixed assets register and carrying out half-yearly fixed assets verification.
- Management of Debtors Ledger for the entire Company and ensuring clients paid their debts as when they were due.
- Preparation of annual Business Plans and Budgets for the company as a whole.
Assistant Accountant - Management
Tap Zambia Limited
Chilanga, Lusaka, Zambia
12.2003 - 01.2005
- The Job was under the direct supervision of the Management Accountant with a dotted line reporting to the Finance Director. The main objective of the job was to prepare, develop and analyse financial information to allow Management to make well-informed decisions to ensure future stability, profitability and growth of the Company. The Job also involved the establishment and maintenance of financial policies and management information systems, as an integral function to inform management on all aspects of the company finance.
- Generation and provision of cost control information to Marketing, Human Resources, and Production Departments and its submission to the Finance Director through the Management Accountant.
- Preparation of accurate weekly, monthly, quarterly and year end financial reports and distributing them on the due dates to the Heads of Departments, the financial reports included the following: Monthly Profit and loss accounts; Balance sheets; cash flow statement; Daily, weekly and Monthly cash flow forecasts; Weekly status reports.
- Costing and revaluation of stocks.
- Advised senior management on major price Variations within the month captured by the Financial Statements.
- Ensured all financial transactions were properly authorized and recorded monthly in the books of accounts.
- Preparation of yearly audit Pack and attending to audit queries.
- Ensured accurate and well-planned monthly, quarterly, and year-end stock takes.
- Prepared reconciliations for 51 General Ledger Accounts and monitored stock movements of finished goods and work in progress.
ASSISTANT ACCOUNTANT -MANAGEMENT
TAP ZAMBIA LIMITED
CHILANGA, LUSAKA, Zambia
12.2003 - 01.2005
- The Job was under the direct supervision of the Management Accountant with a dotted line reporting to the Finance Director. The main objective of the job was to prepare, develop and analyse financial information to allow Management to make well-informed decisions to ensure future stability, profitability and growth of the Company. The Job also involved the establishment and maintenance of financial policies and management information systems, as an integral function to inform management on all aspects of the company finance.
- Generation and provision of cost control information to Marketing, Human Resources, and Production Departments and its submission to the Finance Director through the Management Accountant.
- Preparation of accurate weekly, monthly, quarterly and year end financial reports and distributing them on the due dates to the Heads of Departments, the financial reports included the following:
- Monthly Profit and loss accounts;
- Balance sheets;
- Cash flow statement;
- Daily, weekly and Monthly cash flow forecasts;
- Weekly status reports.
- Costing and revaluation of stocks.
- Advised senior management on major price Variations within the month captured by the Financial Statements.
- Ensured all financial transactions were properly authorized and recorded monthly in the books of accounts.
- Preparation of yearly audit Pack and attending to audit queries.
- Ensured accurate and well-planned monthly, quarterly, and year-end stock takes.
- Prepared reconciliations for 51 General Ledger Accounts and monitored stock movements of finished goods and work in progress.
Assistant Head of Finance
Livingstone Institute of Business and Engineering Studies
Livingstone, Zambia
06.2002 - 09.2003
- The Job was under the direct supervision of the Head of Finance with a dotted line reporting to the Chief Executive Officer. The main objective of the job was overseeing the financial activities and strategies of the College. The Job was also responsible for forecasting financial results, reviewing budgets while managing organisational wide risk.
- Formulating financial policies and guidelines in the institute to enhance accountability.
- Preparation of overall institutional budgets.
- Preparation of monthly management reports.
- Managing and supervision of accounting staff.
- Management of the DANIDA sector supports funds to the institute.
- Development and Maintenance of a fixed assets register and inventory control system.
- Installation and implementation of Pastel Accounting system and Pastel Fixed Assets Module.
- Preparation of financial statements for Audit purposes.
- Monitoring recurrent and capital expenditures to ensure adherence to Planned Budgets and guidelines.
- Helped in the Development and Implementation of the first Fixed asset register at LIBES and Facilitated the Production of first Audited Statements covering the first three years of the college's operations after being converted into a Board from Government Control and Funding.
- Preparation of Bank reconciliations and Development of effective internal controls relating to the use of resources in order to promote checks and balances.
ASSISTANT HEAD OF FINANCE
LIVINGSTONE INSTITUTE OF BUSINESS AND ENGINEERING STUDIES
LIVINGSTONE, Zambia
06.2002 - 09.2003
- The Job was under the direct supervision of the Head of Finance with a dotted line reporting to the Chief Executive Officer. The main objective of the job was overseeing the financial activities and strategies of the College. The Job was also responsible for forecasting financial results, reviewing budgets while managing organisational wide risk.
- Formulating financial policies and guidelines in the institute to enhance accountability.
- Preparation of overall institutional budgets.
- Preparation of monthly management reports.
- Managing and supervision of accounting staff.
- Management of the DANIDA sector supports funds to the institute.
- Development and Maintenance of a fixed assets register and inventory control system.
- Installation and implementation of Pastel Accounting system and Pastel Fixed Assets Module.
- Preparation of financial statements for Audit purposes.
- Monitoring recurrent and capital expenditures to ensure adherence to Planned Budgets and guidelines.
- Helped in the Development and Implementation of the first Fixed asset register at LIBES and Facilitated the Production of first Audited Statements covering the first three years of the college's operations after being converted into a Board from Government Control and Funding.
- Preparation of Bank reconciliations and Development of effective internal controls relating to the use of resources in order to promote checks and balances.
Lecturer Accounting and Purchasing and Supply Management
Livingstone Institute for Business and Engineering Studies
Livingstone, Zambia
01.2001 - 05.2002
- The Job was under the direct supervision of the Head of Department Business Studies. The main objective of the Job was to facilitate teaching, learning, carry out assessment and engage in research of academic work activities relating to Financial Accounting, Management Accounting Financial Management and Purchasing and Procurement related courses.
- Lectured on the NATEC Programme Cost and Management accounting, advanced accounting, financial accounting Taxation and company law.
- Lectured on the CIPS Programme Managing inventory, Business environment and effective negotiation.
- Responsible for the preparation and conduction of examinations and marking of answer sheets.
- Provided consultancy services.
- Helped in extracurricular activities.
LECTURER ACCOUNTING AND PURCHASING AND SUPPLY MANAGEMENT
LIVINGSTONE INSTITUTE FOR BUSINESS AND ENGINEERING STUDIES
LIVINGSTONE, Zambia
01.2001 - 05.2002
- The Job was under the direct supervision of the Head of Department Business Studies. The main objective of the Job was to facilitate teaching, learning, carry out assessment and engage in research of academic work activities relating to Financial Accounting, Management Accounting Financial Management and Purchasing and Procurement related courses.
- Lectured on the NATEC Programme Cost and Management accounting, advanced accounting, financial accounting Taxation and company law.
- Lectured on the CIPS Programme Managing inventory, Business environment and effective negotiation.
- Responsible for the preparation and conduction of examinations and marking of answer sheets.
- Provided consultancy services.
- Helped in extracurricular activities.
Trainee Auditor
Price Water House Coopers
Ndola, Zambia
12.1999 - 05.2000
- Was engaged as a paid internee and trainee auditor by PriceWaterhouseCoopers(PWC) Ndola Office as part of the mandatory practical experience programme of the Copperbelt University. The Job was under the direct supervision of the Audit Senior and Tax Consultant. The main objective of the Job was to help the audit team evaluate the effectiveness and efficiency of the organization's internal controls, policies, and procedures. This included reviewing and testing financial statements, accounting records, and transactions for accuracy, completeness, and compliance with applicable standards and regulations. Additionally, the job involved identifying and documenting any errors, discrepancies, fraud, or risks in the audit evidence and report them to senior auditors or the audit manager. Furthermore, the job involved preparation of audit workpapers, reports, and recommendations based on the audit findings and best practices. It also involved communicating and collaborating with audit clients, stakeholders, and other internal or external parties involved in the process. As well as following up on the implementation and resolution of the audit recommendations and issues.
- Carrying out annual and interim Audits.
- Preparation of Audited financial reports.
- Tax computation and consultancy.
- Attending year-end stock take and fixed assets verification exercises.
TRAINEE AUDITOR
PRICE WATER HOUSE COOPERS
NDOLA, Zambia
12.1999 - 05.2000
- Was engaged as a paid internee and trainee auditor by PriceWaterhouseCoopers(PWC) Ndola Office as part of the mandatory practical experience programme of the Copperbelt University. The Job was under the direct supervision of the Audit Senior and Tax Consultant. The main objective of the Job was to help the audit team evaluate the effectiveness and efficiency of the organization's internal controls, policies, and procedures. This included reviewing and testing financial statements, accounting records, and transactions for accuracy, completeness, and compliance with applicable standards and regulations. Additionally, the job involved identifying and documenting any errors, discrepancies, fraud, or risks in the audit evidence and report them to senior auditors or the audit manager. Furthermore, the job involved preparation of audit wor kpapers, reports, and recommendations based on the audit findings and best practices. It also involved communicating and collaborating with audit clients, stakeholders, and other internal or external parties involved in the process. As well as following up on the implementation and resolution of the audit recommendations and issues.
- Duties and Responsibilities included, but were not limited to the following:
- Carrying out annual and interim Audits.
- Preparation of Audited financial reports.
- Tax computation and consultancy.
- Attending year-end stock take and fixed assets verification exercises.
Education
Master of Business Administration - Management Strategy
University of Zambia
05.2025
ACCA -Certificate in Public Sector Accounting Standards - undefined
01.2025
Masters of Business Administration - General
University of Lusaka
01.2022
Post Graduate Diploma in Management Accounting - undefined
CIMA, UK
01.2012
ACCA professional certificate - undefined
ACCA, UK
08.2011
Bachelor of Accountancy - undefined
Copperbelt University
Zambia01.2000
Full Grade twelve school certificate - undefined
Examinations council of Zambia
12.1995
Skills
- Corporate and Financial Strategy development and Implementation
- Financial Management and Reporting
- Financial modelling and Budgeting
- Financial and Cost Accounting
- Financial Closing and Reporting
- Treasury Management
- Cost control and reduction
- Banking Relationship Management
- Accounting Policies and procedures development and Implementation using IFRS/IAS and or IPSAS
- Audit and Assurance Management
- Risk Assessment and Mitigation Management
- Audit Planning, Execution and finalization
- Internal Controls
- External and Internal audits coordination
- Internal controls assessment and Redesigning
- Tax Management , implementation , Compliance and reporting
- Corporate income tax planning
- Capacity Building
Accomplishments
Best in Zambia CIMA P1 performance operations May 2012 Sitting
• Best In Zambia CIMA E1 Enterprise operations May 2012 Sitting
• Managed to improve the pass mark for Management accounting in ACCA from 33% to
75%.
• Managed to bring the TBZ Financial Statements to current position after being five (5) years
behind.
• Focal point person in the Development of the TBZ 2017 – 2021 Strategic Plan as well as
the 2023 to 2027 Strategic Plan.
• Developed the TBZ Financial and Accounting Policies Manual, Risk Management Policy
Helped Develop the TBZ 2018 Conditions of service and Human Resources Policies
Manual;
• Committee member in the Job Evaluation exercise done in 2018 by TBZ RO Align the
Structure to the 2017 to 2021 Strategic Plan;
• Developed and Implemented the Fixed asset register at LIBES and Facilitated the first
Production of first Audited Accounts at LIBES.
• Committee member in the Repeal and Replacement of the Tobacco Act number 238 and the
Tobacco Levy Act Number 239 of the Laws of Zambia;
and the Transport and Maintenance Policy
Affiliations
- Associate Member, Zambia Institute of Directors (IOD)
- Associate member, Association of Chartered and Certified Accountants (ACCA)
- Fellow member, Zambia Institute Chartered Accountants (ZICA)
- Student member, Chartered Institute Management Accountants (CIMA)
Certification
- Business Development Module, 2024-12-01, The 1% Club
- Advanced Financial Modelling and Valuation Analysis, 2024-09-01, Mind Cypress
- Minute Writing Workshop, 2024-02-01, ZISM
- Corporate Governance Training, 2023-04-01, Dynamic Concepts
- Regulatory Impact Assessment, 2019-09-01, USAID
- Effective Risk Management, 2017-06-01, FCTS International Zambia
- Advanced excel and Word, 2013-09-01, ZCAS in house Training
- Teaching Methodology, 2012-09-01, TVTC
- Introduction to research methods and data analysis, 2011-11-01, UNZA
- Introduction to Operations research, 2011-09-01, UNZA
- Activity-Based Costing and Budgeting Seminar, 2006-01-01, TAP in-house Training
- Pastel Accounting and Fixed assets, Microsoft Excel and word Dove payroll, 2003-01-01, LIBES in-house Training sponsored by DANIDA
- Teaching methodology, 2003-05-01, TVTC
- Project Proposal writing, 2002-12-01, LIBES in-house Training sponsored by DANIDA
- Payroll Management Accounting procedures, Budgeting and Budget control, 2002-09-01, LIBES in-house Training sponsored by TEVETA
Timeline
Chief Finance Officer
Tobacco Board of Zambia
10.2015 - 10.2024
CHIEF FINANCE OFFICER
TOBACCO BOARD OF ZAMBIA
10.2015 - 10.2024
Full Time And/or Parttime Lecturer - School of Business
University of Lusaka
02.2015 - 12.2015
FULL TIME AND/OR PARTTIME LECTURER
UNIVERSITY OF LUSAKA
02.2015 - 12.2015
Accounts and Administration Officer
Akaal Engineering Limited
02.2014 - 01.2015
ACCOUNTS AND ADMINISTRATION OFFICER
AKAAL ENGINEERING LIMITED
02.2014 - 01.2015
Lecturer - Management and Financial Accounting
Zambia Centre for Accountancy Studies
07.2009 - 01.2014
LECTURER- MANAGEMENT AND FINANCIAL ACCOUNTING
ZAMBIA CENTRE FOR ACCOUNTANCY STUDIES
07.2009 - 01.2014
Management Accountant
Tap Zambia Limited
01.2005 - 01.2009
MANAGEMENT ACCOUNTANT
TAP ZAMBIA LIMITED
01.2005 - 01.2009
Assistant Accountant - Management
Tap Zambia Limited
12.2003 - 01.2005
ASSISTANT ACCOUNTANT -MANAGEMENT
TAP ZAMBIA LIMITED
12.2003 - 01.2005
Assistant Head of Finance
Livingstone Institute of Business and Engineering Studies
06.2002 - 09.2003
ASSISTANT HEAD OF FINANCE
LIVINGSTONE INSTITUTE OF BUSINESS AND ENGINEERING STUDIES
06.2002 - 09.2003
Lecturer Accounting and Purchasing and Supply Management
Livingstone Institute for Business and Engineering Studies
01.2001 - 05.2002
LECTURER ACCOUNTING AND PURCHASING AND SUPPLY MANAGEMENT
LIVINGSTONE INSTITUTE FOR BUSINESS AND ENGINEERING STUDIES
01.2001 - 05.2002
Trainee Auditor
Price Water House Coopers
12.1999 - 05.2000
TRAINEE AUDITOR
PRICE WATER HOUSE COOPERS
12.1999 - 05.2000
ACCA -Certificate in Public Sector Accounting Standards - undefined
Masters of Business Administration - General
University of Lusaka
Post Graduate Diploma in Management Accounting - undefined
CIMA, UK
ACCA professional certificate - undefined
ACCA, UK
Bachelor of Accountancy - undefined
Copperbelt University
Full Grade twelve school certificate - undefined
Examinations council of Zambia
Master of Business Administration - Management Strategy
University of Zambia
Technical Skills
Corporate and Financial strategy development, implementation and reporting, Financial modelling and budgeting, Financial and Cost Accounting, Financial Closing and Reporting, Treasury Management, cost control and reduction, Banking Relationship Management, Accounting Policies and IFRS/IAS /IPSAS implementation and application, Risk Assessment and Mitigation, Policies and Procedures, Continuous Process Improvement, Audit Planning, execution and finalisation, Internal Controls, External and Internal audits coordination, Internal controls assessment and redesigning, Value added tax (VAT) implementation, compliance and reporting, corporate income tax planning and management, Fostering strong communication within the finance and administration department and the entire organisation, Evaluating existing financial, operational and administrative processes to identify inefficiencies
Other Career Achievements
- Best Student In Zambia CIMA P1 Performance Operations May 2012 Sitting
- Best student In Zambia CIMA E1 Enterprise operations May 2012 Sitting
- Captain of the CBU Men's Football team in 1999 and 2000
- Member of the Zambia National Universities and Colleges National Team 1998, 1999 and 2002
Personal Information
Title: Finance Director/CFO