Overview
Work History
Affiliations
Proficiency Erps
Certification
Professional And Academic Background
Attributes
Personal Information
References
Timeline
Generic
Peter Sinyangwe

Peter Sinyangwe

Lusaka

Overview

16
16
years of professional experience
1
1
Certification

Work History

Financial Management Specialist

The World Bank & African Development Banks- Climate Investment Funds
01.2014 - Current
  • Coordinate and facilitate execution of efficient and timely internal and external audits
  • Lead consolidation of management responses to audit reports and management letters
  • Oversee and ensure timely preparation of accurate and timely annual financial statements
  • Establish and maintain a sound Financial Management systems and internal controls to safeguard assets and ensure accurate financial reporting in accordance with US GAAPS
  • Review and maintain a finance manual ensuring adherence to established accounting principles and donor specific guidelines
  • Oversee preparation and submission of portfolio’s accurate quarterly Interim Financial Reports (IFRS) and variance analysis against budget estimates
  • Ensure Compliance with local and international financial regulations and accounting standards (ZICA, GAAPS and IFRs)
  • Collaborate with internal auditors and audit committee to address inquiries and provide remediation action plans to implement audit recommendations.

Grant Accountant

World Vision International Zambia
08.2012 - 12.2013
  • To assist Grant Finance Department in coordinating grant reporting and reviewing all grant documentation for compliance with Donor requirements and regulation, Review implementation of Cost Allocation Methodology and Labor Distribution Reports policies and ensure that all the grants maintain financial records ,reports and financial information that is complete, accurate, relevant and reliable according to Generally Accepted Accounting Standards
  • Grant Budgeting
  • Budget development in LEAP format - ensuring all project activities are adequately budgeted for and contribute to meet the project objectives
  • Grant Monitoring and Compliance
  • Budgetary control-monitoring that expenditure is according to the agreed and approved budget
  • Ensuring that expenditure is in compliance with donor regulations, WV policies and procedures, Generally Accepted Accounting Principles (GAAP) and with the agreed and approved budget
  • Formulate and strengthen internal controls
  • Disbursement and Payment reviews
  • Review of payment request voucher to ensure sufficient and appropriate documentation, that it is properly coded and costs are according to cost principles( i.e
  • Allowable, allocable and reasonableness)
  • Perform detailed voucher verification to ensure compliance to WV policies and procedures
  • Grant Financial Reporting
  • Extract, review and analyze Sun Systems data to ensure correctness and completeness in readiness for final reporting
  • Provide a summary project expenses to Program Managers to monitor the expenditure against the budget
  • Review partners reports for accuracy, completeness & in accordance with donor guidelines
  • Reconciliations
  • Manage the balance sheet accounts of the grants which include among other things cash, bank balances , staff advances, payables and receivables
  • Prepare Bank reconciliations
  • Audits and Risk Management
  • Facilitating both external and internal audit & coordinate implementation of audit findings
  • Ensure analytic review documents are prepared for audit purposes
  • Identify potential and inherent risk and devise ways to mitigate its occurrence.

Program Accountant

World Vision international Zambia
12.2010 - 01.2012
  • To support the financial management of the ADP through the recording of the program transactions and ensure compliance of timely financial reports with generally accepted accounting policies (GAAP) and standards, and individual donor specifications
  • Perform balance sheet accounts reconciliations for debtors, creditors, accruals and the prepayments accounts
  • Prepare field financial reports monthly with detailed analysis of under/over expenditures per budgeted project activity
  • Management of the payroll system and prepare payroll journals for capturing
  • Prepare annual budgets and effect budgetary controls through monitoring tools
  • Preparing the variance analysis reports and review of monthly project expenditures
  • Maintain a daily cash flow and prepare cash funding requests monthly for the program
  • Management of cash books, Monthly bank reconciliations and petty cash on daily basis and providing Management information about the liquidity position of the Organization
  • Analysis and review of the monthly transactions, balance sheet, Trial balance and the general ledger
  • Asset management and reconciliation of the register with the ledger including physical verification for existence of assets
  • Enforce statutory obligations with regard to NAPSA,& PAYE.

Bank Teller

Barclays Bank Zambia Limited
01.2008 - 12.2009
  • Provide a consistently high quality frontline transaction service to customers encompassing the cashing of cheques and other items, acceptance of deposits and the provision of change
  • To understand the risks associated with the control and handling of cash, and maintain effective controls to manage these risks
  • Risk management and Control to ensure that all activities and duties are carried out in full compliance with regulatory requirements and Barclays Operational Risk Framework and internal Barclays Policies and Standards
  • Management of Treasury and Cash Services and Perform reconciliation of Cash and cash equivalents branch report
  • Dispense and receive physical cash, cheques, drafts and other financial instruments over the counter to walk-in Prestige or Premier banking customers
  • Process foreign local currency cheques and other bureau de change transactions including buying or selling of notes, foreign drafts, money orders etc
  • Receipting, disbursement and transacting in foreign currencies namely GBP, Euros and Rand and cash discrepancies and raise adjustment entries to balance the Vault
  • Processing banking transaction upon verifying that all the required information for the transaction is accurate and complete in accordance with the bank’s procedures on KYC Procedures and funds availability
  • Provide advice to customers on the cash process to ensure the smooth flow of transactions
  • And investment Products offered by Barclays
  • Managing the vault/Strong room and all cash supplies on the tills (beginning and end of day and intra-day) as well as cash sorting and repatriation
  • Ensure that all transaction records are kept meticulously and in accordance with Bank procedures make such documents available for review /control purposes when required
  • Reconcile and perform till cash reconciliation at the beginning and end of each day, as well as when cash is Restocked and end of day cash processes
  • Assist customers to correctly complete transaction documentation such as deposit or withdrawal slips to ensure accuracy and completeness of these documents.

Affiliations

Advisory Member of Zambia Institute of Chartered Accountants (ZICA)

Proficiency Erps

  • Pastel Sage Evolution ERP
  • Sun System Accounting ERP
  • Swift and Sage Payroll accounting ERPs
  • Microsoft Office and Microsoft Power BI

Certification

  • World Bank - IBRD
  • World Bank Disbursement and Procurement procedures
  • African Development Bank
  • AfDB Disbursement and Procurement procedure
  • World Vision International
  • USAID USG grants administration and compliance
  • Barclays Bank Zambia PLC
  • Barclays cash management and book keeping
  • OMNI AFRICA
  • Pastel and Sage evolution ERP

Professional And Academic Background

  • CA- Zambia Advisory, Zambia Institute of Chartered Accountants, 2021-2023
  • MBA Finance, University of Zambia, 2017-2020
  • Bachelor of Accountancy, University of Lusaka, 2011-2015
  • NATech (ZICA), Zambia Institute of Chartered Accountants, 2004-2007
  • School Certificate, Mungwi Technical High School, 2000-2002

Attributes

  • Strong Financial acumen and analytical skills with ability to make sound judgements
  • High in ethical and processional conduct in accordance with codes of the profession
  • Proactive, resourceful and results orientated in areas requiring innovative minds.
  • Analytical, detail orientated, highly self-motivated and well organized
  • Excellent communication, strategic and critical thinking skills

Personal Information

  • Date of Birth: 11/27/84
  • Gender: Male
  • Nationality: Zambian
  • Marital Status: married

References

  • Chitembo Chunga, Adaptation Specialist, Climate Investment funds (CIF) USA, +260 978184740, chitembok@gmail.com
  • Auditor Mazuba (ACCA), Grants Manager, PATH Zambia, +260 966227879, auditormazuba4@gmail.com
  • Peter Kabwe, Head of Planning & Architect, Meanwood Property Zambia, +260 977425916, kabwepmc@gmail.com

Timeline

Financial Management Specialist

The World Bank & African Development Banks- Climate Investment Funds
01.2014 - Current

Grant Accountant

World Vision International Zambia
08.2012 - 12.2013

Program Accountant

World Vision international Zambia
12.2010 - 01.2012

Bank Teller

Barclays Bank Zambia Limited
01.2008 - 12.2009
  • World Bank - IBRD
  • World Bank Disbursement and Procurement procedures
  • African Development Bank
  • AfDB Disbursement and Procurement procedure
  • World Vision International
  • USAID USG grants administration and compliance
  • Barclays Bank Zambia PLC
  • Barclays cash management and book keeping
  • OMNI AFRICA
  • Pastel and Sage evolution ERP

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Peter Sinyangwe