PHILIMON KIZITO PHIRI
Solwezi
Summary
Experienced and results-driven finance professional with expertise in financial accounting, credit control, and inventory management. Proven skills in preparing comprehensive financial and management reports, managing accounts receivable and payables, and conducting balance sheet reconciliations. Solid background in tax preparation, budgeting, and compliance.
Overview
13
13
years of professional experience
1
1
Certification
Work History
ACCOUNTANT
SPECTRA OIL CORPORATION
01.2019 - 10.2024
- Managed accounts receivable and payable, ensuring timely debt collection and payment liabilities
- Filed statutory returns such as NAPSA, PAYE, NHIMA and PACRA ensuring regulatory compliance
- Processed invoices, receipts and payments based on verified documents ensuring financial accuracy and control
- Reviewed balance sheet reconciliations, promptly identifying and resolving discrepancies
- Prepared financial statements for decision-making and management reviews
- Assisted in the annual budget preparation and forecasting, offering insights on cost management and projections
- Developed and enforced financial controls to ensure compliance and maintaining internal controls
- Overseen the preparation of statutory reports
- Prepared and reviewed balance sheet accounts to ensure accuracy
- Coordinated the internal and external audits to ensure efficiency of the organizations systems
- Handled day-to-day accounting processes to drive financial accuracy.
ASSISTANT DEPOT CONTROLLER
SPECTRA OIL CORPORATION
08.2012 - 12.2018
- Oversaw the receiving, storage and distribution of products to ensure smooth and efficient operations
- Maintained accurate documentation and records of all depot transactions ensuring data accuracy and integrity
- Reconciled FQM Mine account on weekly, monthly and quarterly basis to ensure timely financial reporting
- Implemented and monitored policies and procedures to optimize depot operations and enhance efficiency
- Generated comprehensive transaction reports for management, providing insights into depot performance
- Monitored and maintained appropriate inventory levels to meet customer demand while avoiding stock-outs and overstocking
- Built and maintained a strong customer relationship ensuring excellent customer services
- Conducted monthly stock audits to ensure accurate inventory levels and reduce discrepancies
- Marketed Spectra Oil products to increase sales and expand market presence
- Coordinated training sessions to improve team competency in financial systems.
CREDIT OFFICER
FINCA ZAMBIA LIMITED
10.2011 - 07.2012
- Developed strategic plans to grow the credit portfolio and improve loan recovery rates
- Assessed client's financial status and evaluated their creditworthiness to mitigate risks
- Conducted risk assessments and creditworthiness evaluation for loan applicants
- Marketed financial products and services to potential customers to grow the business
- Managed loan portfolio's ensuring timely disbursement and repayment
- Mobilized savings through innovative customer engagement and marketing campaigns
- Prepared and presented financial reports to management, detailing loan portfolio performance
- Assisted with investment decisions by analyzing loan risks and returns
- Evaluated credit applications by reviewing financial documents and assessing creditworthiness.
- Performed comprehensive risk assessments by analyzing financial statements and credit histories.
Education
MBA - Finance
The University of Zambia
Lusaka10-2025
CA Advisory Professional in Accountancy - Business Accountancy
Zambia Centre For Accountancy Studies
Lusaka, Zambia08-2022
Skills
- Detail-Oriented Analysis
- Effective Interpersonal Communication
- Analytical Problem-Solving Skills
- Leadership Skills
- Strong Knowledge of Mining Operations
- In-Depth Understanding of International Financial Reporting Standards
- Balance Sheet Reconciliation Expertise
- Financial Statement Preparation
- Internal and External Audit Management
- Comprehensive Knowledge of Zambian Laws
Certification
- Financial Modelling in Excel Level 1&2
- Pastel Accounting
- Microsoft Excel, Office & Powerpoint
- Microsoft Excel, Financial Analysis, Modelling & Accounting
Accomplishments
- Improved reporting accuracy by 25% with new accounting policies implemented
- Achieved 100% compliance with tax regulations, avoiding penalties and saving costs for the company
- Achieved a 30% increase in sales for consistently delivering customer satisfaction and helping the company retain clients
Timeline
ACCOUNTANT
SPECTRA OIL CORPORATION
01.2019 - 10.2024
ASSISTANT DEPOT CONTROLLER
SPECTRA OIL CORPORATION
08.2012 - 12.2018
CREDIT OFFICER
FINCA ZAMBIA LIMITED
10.2011 - 07.2012
- Financial Modelling in Excel Level 1&2
- Pastel Accounting
- Microsoft Excel, Office & Powerpoint
- Microsoft Excel, Financial Analysis, Modelling & Accounting
MBA - Finance
The University of Zambia
CA Advisory Professional in Accountancy - Business Accountancy
Zambia Centre For Accountancy Studies
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