Priscar Sikombe

Budgeting:

• Led the preparation and development of the company’s annual and periodic budgets.
• Coordinated with departmental heads to gather input and ensure alignment with organizational goals.
• Reviewed historical financial data to guide and challenge budget assumptions. Ensured budgets were accurate and completed on time.
• Provided detailed commentary and explanations of budget variances. Ownership of budgeting tool operations, improvements, and training.

Management Reporting:

• Prepared regular management reports to track budget performance, highlighting key trends, variances, and forecasts.
• Provided insightful analysis to senior management to support decision-making.
• Worked with the finance team to ensure accurate and timely reporting.

Cost and Capital Management and Analysis:

• Conducted detailed variance analysis on budget vs. actuals and investigated discrepancies.
• Monitored cost controls and recommended actions to ensure adherence to financial goals.
• Identified areas for cost reduction or efficiency improvements.
• Reviewed capital (capex) requests and guided management on optimal capital strategy/spend.

Collaboration and Advisory:

• Collaborated closely with other departments to ensure an understanding of financial performance and encourage accountability for their budget areas.
• Offered financial advice and recommendations to support business planning and strategy development.
• Supported senior management with ad-hoc financial analysis and scenario modeling.

Financial Accounting and Reporting:

• Maintained the general ledger, ensured compliance with group accounting procedures, and IFRS.
• Monthly reporting of financial results to the Group;
• Financial reporting and detailed review of the entire general ledger (i.e. Trial balance.
• Prepared balance sheet reconciliations, and ensured other team members performed reconciliation of the accounts for which they were responsible. Preparation of budgets and quarterly rolling forecasts;
• Ensured that transactions and balances with related parties are matching in HFM. Performed inventory valuation.
• Prepared and posted accounting valuation entries (e.g., ARO, stripping, loan amortization, etc.).
• Reviewed payments before submitting to bank signatories;
• Ensured proper filing of invoices and other supporting documents for transactions posted. Prepared financial statements in accordance with the Companies Act and IFRS.
• Prepared non-financial and statutory reports/returns (e.g.) Reports to the Ministry of Mines, ZEITI, Bank of Zambia, etc.; key contact person for external and internal auditors, coordinating the process from start to finalization.
• Coordinated monthly group reporting activities, ledger closure, and variance analysis (reporting within the agreed reporting timetable).
• Reviewed processes and controls (e.g., on AP, AR, accruals, fixed assets) and developed models to improve effectiveness and efficiency;
• Interpreted the Company’s accounting policies and procedures and was responsible for ensuring other Finance team members follow them.

• Negotiated with vendors and suppliers to secure advantageous terms and pricing.
• Collaborated with other departments to coordinate workflow processes between teams.
• Resolved customer complaints in a timely manner while ensuring customer satisfaction.
• Conducted weekly meetings with team members to discuss upcoming tasks and project deadlines.
• Negotiated with suppliers to secure cost-effective resources.

• Worked closely with other departments and teams that provide inputs for metal sales invoicing (e.g., Commercial and Processing).
• Daily tracking of concentrate and anode delivery schedules against monthly delivery plans.
• Reconciled concentrate and anode delivery reports against confirmed receipts, and ensure variances are resolved before invoicing.
• Prepared invoices and ensured that approved copies are booked in the system and delivered to the customer on time.
• Ensured sufficient support for all transactions and journals posted were retained and filed appropriately.
• Weekly review of aged debtors report, and chasing for payments from customers to ensure payments are received as per contractual terms.
• Tracked provisionally invoiced metal sales, and engaged the customers to ensure timely invoice finalization as soon as final prices and assays are available, and in keeping with contractual terms.
• Analyzed actual sales against budget and forecast targets, and provided commentary on the variance for consolidation into the overall financial report for the month.
• Timely and accurately completed all assigned reconciliations every month-end.
• Timely and accurately prepared and submitted assigned statutory reports (e.g., exports via rail).

• Established and maintained systems and internal controls relating to cash management.
• Managed external banking relationships, reviewed funds, and provided forecasts on expenditure.
• Assisted with accounting activities related to the maintenance of complete and accurate accounting records.
• Reviewed the daily and month-end accounting activities, including bank account and balance sheet reconciliations.

• Maintained, updated and reconciled the Fixed Asset Register.
• Coordinated and managed all asset and human resource-related insurance activities for the organization.
• Coordinated and managed all asset and human resource-related insurance activities for the organization.
• Ensured authorization for Capital Expenditure (AFCE) documents approved, coded, and copied to project managers.
• Ensured Authorisation for Capital Expenditure (AFCE) documents approved, coded and copied to Project Managers.

• Supervised all cashiers and payables staff for the company (Mufulira and Nkana Divisions).
• Accounted for all cash and metal sales receipts, and carried out random cash counts/audits for both divisions.
• Banked all cash receipts, and ensured all payment files were accurately prepared before transmission to the bank.
• Completed petty cash reconciliations daily and monthly, and ensured the availability of local and foreign currency petty cash.
• Reconciled local and foreign bank accounts; prepared cash forecast for the month; appraised the performance of eight staff members.

• Managed the company’s pension scheme, reconciled all balance sheet items, and produced the trial balance.
• Prepared payments and reconciliations for extended finance leases, and dealt with year-end audit queries.
• Managed the income and expenditure of the Catholic Relief Services (CRS) / Mopani HIV AIDS Project funds.

• Prepared monthly Pay-as-you-Earn (PAYE) payments and returns for submission to the Zambia Revenue Authority (ZRA).
• Reconciled staff and sundry debtors; the taxation of terminal benefits; and all payroll-related general ledger codes. Processed payroll inputs from source documents into the payroll system, and processed payroll deductions.
• Processed payroll inputs from source documents into the payroll system, and processed payroll deductions.
• Handled employee pay queries, and carried out duties delegated by the Ledgers Accountant.
• Prepared monthly pension contribution payments, and processed journal vouchers.
• Handled employee pay queries and carried out duties delegated by the Ledgers Accountant.
• Prepared monthly pension contribution payments, and processed journal vouchers.
• Raised check requisitions for authorization for payments of terminal benefits.
• Processed supplier invoices, reconciled creditors’ accounts, prepared, and submitted VAT returns.
• Processed supplier invoices, reconciled creditors’ accounts, prepared and submitted VAT returns.