PETER MWENDALUBI CHILWANA
Lusaka
Summary
Tech-savvy Finance,Audit and Risk Manager with proficiency in Business System and ACL,SAGE,ORACLE and IDEA. Outstanding problem-solving and teamwork abilities. Adept at working with private, public and state government clients. Skilled at inspecting organizations' operations, analyzing potential risks and providing recommendations to improve operations. Seasoned auditing 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
16
16
years of professional experience
Work History
Group Audit and Risk Manager
Wonderful Group of Companies
Lusaka
01.2022 - Current
- Assist in development of the institution's Audit and Risk functions for Wonderful Industries,Marcopolo tiles limited,United Capital Fertilizer and Mupika sericulture silk company.
- Assist in development of Audit and Risk annual plan for the group
- Manages performance of audit assignments, reviews audit reports; edits reports prepared by other auditors
- Schedules and plans audits; initiates project planning, assess risk and develops
- Provide Audit direction for all the four subsidiaries
- Performs preliminary planning and establishes direction for audits, provides leadership to assigned auditors, manage project to quality outcomes, while meeting established time budget
- Performs audit work, including plan preparation and associated reports; verifies the accuracy of financial records as they pertain to assets, liabilities, receipts, expenditures and related transactions
- Keeps abreast of internal audit policies and procedures, current developments in accounting and auditing professions and changes in laws and regulations as applicable
- Responsible for the development, implementation and maintenance of policies, objectives, short- and long-range planning; develops and implements projects and programs to assist in accomplishment of established goals
- Manage the risk in the Group and ensure the production of a corporate risk register on an annual basis
- Designs and implements a best practice risk management framework including policies and strategy
- Facilitates risk management workshops where required by in identifying and analysing all major risks annually
- Builds the results of the risk management work into development of the internal audit programme
- Oversees and implements the plan of risk control actions
- Developed short-term goals and long-term strategic plans to improve risk control and mitigation.
- Advised senior managers on policy strategies for reducing liability and preventing losses.
- Investigated allegations to check validity and recommend actions to minimize risk.
- Reviewed contracts and agreements to identify potential risks and ideal mitigation strategies.
- Participates in major business initiatives and pro-actively advises and assists the business on change initiatives
- Leads the professional development of Internal Audit and Risk Management staff
- Appropriates risk reporting to Management and the Audit, Risk and Compliance Committee
- Assists management in selection and implementation of measures to control and mitigate risks.
Senior Auditor
Auditor
08.2020 - 12.2021
- Kabwe, Central Province
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement
- Supervised and Conducted financial, compliance and operational audits
- Analyzed accounting systems for efficiency and effectiveness
- Supervised and developed associates and oversaw auditing activities across operational, personnel utilization and excessive billing areas
- Managed internal controls and assessed risks of technology network by performing information system audits of each division
- Supervised and facilitated financial and operational audits, working with internal and external managers to communicate recommendations or issues surrounding audits
- Complied with established internal procedures by examining reports, processes, and documentation
- Performed strategic planning, execution and finalization of audits
- Prepared working papers, reports and supporting documentation for audit findings
- Developed and implemented corrective actions to bring business areas in line with standards
- Mentored and guided employees to foster proper completion of assigned duties
- Built strong relationships with customers through positive attitude and attentive response
- Maintained professional knowledge by attending two (2) trainings and Data analytics workshops annually.
Auditor
10.2009 - 07.2019
- Office of the Auditor General – Lusaka, Lusaka
- Complied with established internal procedures by examining reports, processes, and documentation
- Determined effectiveness of current control structures
- Prepared working papers, reports and supporting documentation for audit findings
- Exceeded goals through effective task prioritization and great work ethic
- Proved successful working within tight deadlines and fast-paced atmosphere
- Worked closely the with senior auditor to maintain optimum levels of communication to effectively and efficiently complete projects
- Completed audit tasks to ensure compliance with relevant government regulations.
Finance and Administration Officer
Ericsson AB Zambia and Malawi
01.2007 - 09.2009
- Managed entire accounting cycle including gathering information, preparing documents, finalizing reports and closing books
- Supervising and Performing procurement processes and managing Accommodation for external consultants for the company for both Zambia and Malawi
- Planned and Created budgets and forecasts for management group to meet regular accounting deadlines
- Monitored three (3)-employee team while handling day-to-day accounting processes and financial accuracy
- Prepared and filed VAT, PAYE and INCOME tax forms for commercial and individual clients
- Performed advanced reviews of business operational trends and expected obligations to prepare accurate forecasts
- Collaborated with auditors on annual audits and realized compliance with governmental tax guidelines
- Brought errors to near-zero in reporting, payroll administration and general bookkeeping
- Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions
- Set up and improved accounting systems and processes to meet business needs and maximize effectiveness of operations
- Collected and arranged financial information and entered details into SAP oracle financial management system.
Accountant
Action Africa Help
Lusaka
01.2006 - 12.2006
- Gathered financial information, prepared documents, and closed books.
- Documented cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Helped clients navigate interactions with tax authorities and legal concerns related to financial matters.
- Followed company policies, procedures and practices for accurate recordkeeping and loss prevention
- Investigated financial inconsistencies to solve discrepancies and reported to manager
- Performing contract management for donor funds
- Maintained petty cash records of debits and credits in accordance with established policies and procedures
- Prepared bank deposits and corporate cash shipments
- Performed daily account reconciliation and payroll verification to maintain daily records
- Managed and responded to all correspondence and inquiries from customers and vendors
- Strengthened financial operations by conducting bank reconciliations and financial reporting
- Introduced new accounting, financial and operational systems to maximize efficiency and recordkeeping accuracy
- Reduced financial discrepancies, effectively reconciling bank accounts and organizing information.
Education
Master Of Business Administration - Business Strategy
University Of Zambia
03.2022
Chartered Accountant (CA)-Zambia - Accounting and Finance
Zambia Institute of Chartered Accountants
09.2020
Bachelor of Arts - Accounting and Business: Accounting and Business Management
Association Of Chartered Certified Accountant
05.2019
National Accounting Technician (NATech - undefined
Zambia Institute of Chartered Accountants
06.2005
GED -
Linda Secondary School
Livingstone11.1997
Skills
- Budgeting
- Risk Management
- Accounting
- Due Diligence
- Financial Analysis
- International Financial Reporting Standards
- (IFRS)
- ACL Audit Exchange
- Oracle SAP
- Computer skills
- Critical thinking
- Cultural awareness
- Microsoft Office
- Written Communication
- Multitasking abilities
- Excellent work ethic
- Teamwork
- Organization and Time management
- Data Analysis
- Risk Assessments
- Critical Thinking and Analysis
- Fixed Asset Management
- International Accounting Standards
- Intuit QuickBooks
- SAP Expertise
- Compliance Software
Accomplishments
- Used Microsoft Excel and SAGE systems solutions to develop inventory tracking spreadsheets.
- Established the Internal Audit and Risk Functions for Wonderful group of companies
- Established Risk Registers for and Risk based Audit plans for Wonderful group of Companies.
- Developed a Risk Register for Transparency International Zambia as a consultant for PALPET INVESTMENTS LIMITED
Affiliations
Member of the following: Zambia Institute of Chartered Accountants (ZICA)
Round Table Zambia (RTZ)
Round Table International (RTI)
Member of the Institute of Internal Auditors
Member of the Zambia institute of Risk Management
Additional Information
Secrectary for the following Audit and Risk committees:
Marcopolo tiles limited
Wonderful Industries Limited
Timeline
Group Audit and Risk Manager
Wonderful Group of Companies
01.2022 - Current
Senior Auditor
Auditor
08.2020 - 12.2021
Auditor
10.2009 - 07.2019
Finance and Administration Officer
Ericsson AB Zambia and Malawi
01.2007 - 09.2009
Accountant
Action Africa Help
01.2006 - 12.2006
Master Of Business Administration - Business Strategy
University Of Zambia
Chartered Accountant (CA)-Zambia - Accounting and Finance
Zambia Institute of Chartered Accountants
Bachelor of Arts - Accounting and Business: Accounting and Business Management
Association Of Chartered Certified Accountant
National Accounting Technician (NATech - undefined
Zambia Institute of Chartered Accountants
GED -
Linda Secondary School
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