Summary
Overview
Work History
Education
Skills
Affiliations
References
Timeline
Generic
ROY BALENGU

ROY BALENGU

Lusaka

Summary

Finance professional with comprehensive background in accounting, ready to contribute to financial management and reporting. Known for accuracy in financial record-keeping and proficiency in auditing and tax preparation. Reliable team collaborator with focus on achieving financial accuracy and supporting dynamic business needs through analytical problem-solving and effective communication.

Overview

14
14
years of professional experience

Work History

Accountant

SpeedPay Limited
11.2022 - Current
  • Company Overview: SpeedPay Ltd is a payment system provider dealing in bill aggregation and money transfer. The company is also into software development, with main emphasis on payment system platforms and applications.
  • Preparing monthly and quarterly management accounts
  • Budgeting and business planning
  • Budget monitoring and performance evaluation
  • Monthly performance reporting
  • Cash flow management and deposit reconciliation and management
  • Quarterly, half yearly and annual review and reporting
  • Compliance and reporting to BOZ, NAPSA, ZRA, etc.
  • Company secretarial practice
  • Product costing
  • Annual financial reporting and audit coordination
  • Preparing and maintaining records and reports of inventories, pricing, deliveries, expenditures, and goods used or issued.
  • Maintenance of the fixed asset register accounting for acquisitions and disposals, reviewing and updating detailed schedule for fixed assets and accumulated depreciation.
  • Maintaining up to date cashbooks, and reconcile bank accounts with cashbook
  • Maintaining accurate creditors, debtors, and other general ledger accounts.
  • Handling cash and cash related transactions, issue receipts, prepare bank deposits, record and balance cash fund
  • Preparing payroll and the appropriate NAPSA and PAYE monthly returns.
  • Handling of Human Resource related matters daily.
  • Preparation of VAT returns and reconciliation
  • Key Responsibilities

Accountant

Necor Zambia Limited
11.2016 - 05.2022
  • Company Overview: Necor Zambia Ltd is an company that mainly deals in supply of ATMs and related software. The company also deals in other products through its subsidiaries like software development, security services and finance provision.
  • Manage day-to-day accounting functions, including accounts payable, accounts receivable, and general ledger entries.
  • Prepare and analyze monthly, quarterly, and annual financial statements.
  • Reconcile bank accounts and assist in cash flow management.
  • Prepare tax returns and ensure compliance with relevant tax laws.
  • Budgeting and financial forecasting.
  • Maintain accurate and up-to-date financial records.
  • Provide financial analysis and reports to management for decision-making.
  • Preparing monthly and quarterly management accounts
  • Budget monitoring and performance evaluation
  • Monthly performance reporting
  • Cash flow management and deposit reconciliation and management
  • Quarterly, half yearly and annual review and reporting
  • Product costing
  • Annual financial reporting and audit coordination
  • Preparing payroll and the appropriate NAPSA and PAYE monthly returns.
  • Key Responsibilities

Trainee Accountant

Dolomite Group/Gradure Property Development (Dolomite Aggregates Ltd and Dolomite Roads & Construction Ltd)
04.2013 - 11.2016
  • Company Overview: Dolomite Aggregates is a quarry mining business with various divisions including Quarry, Block, Concrete, and Roads & Construction.
  • Maintaining up to date cashbooks, and reconcile bank accounts with cashbook
  • Maintaining accurate creditors, debtors, and other general ledger accounts.
  • Handling of cash and cash related transactions, issue receipts, prepare bank deposits, record and balance cash fund
  • Preparing payroll and the appropriate NAPSA and PAYE monthly returns.
  • Preparing and maintaining records and reports of inventories, price lists, shortages, deliveries, expenditures, and goods used or issued.
  • Preparation and processing invoices for payments and ensuring transaction documents are properly filed
  • Performing a variety of clerical duties as required in facilitating workflow such as typing routine correspondence; and ordering supplies etc.
  • Preparation of monthly management accounts for all divisions in Dolomite Aggregates and Dolomite Roads & Construction.
  • Daily postings ensuring completeness of record.
  • Maintenance of the fixed asset register accounting for acquisitions and disposals, reviewing and updating detailed schedule for fixed assets and accumulated depreciation.
  • Monthly stock reconciliations for the quarry business.
  • Ensuring statutory payments and tax filing are prepared and submitted in time. (VAT, MRT, PAYE & NAPSA contributions).
  • Providing guidance to non-finance colleagues and admin teams on the level and quality of information needed from them to enable reporting.
  • Key responsibilities include:

Assistant Accountant

High Protein Foods Ltd/Savanna Beef
09.2011 - 04.2013
  • Company Overview: High Protein Foods Ltd is one of the leading companies in edible oils and feed stocks industry with farming establishments in Chongwe, Siavonga and Nega Nega.
  • Handling of cash and cash related transactions, issue receipts, prepare bank deposits, record and balance cash fund
  • Preparing payroll and the appropriate NAPSA and PAYE monthly returns.
  • Preparing and maintaining records and reports of inventories, pricing/price lists, shortages, deliveries, expenditures, and goods used or issued.
  • Performing a variety of clerical duties as required to facilitate workflow such as typing routine correspondence; and ordering supplies etc.
  • Preparation of monthly management accounts, payroll processing, statutory payments and tax filing. (VAT reconciliations/PAYE/NAPSA contributions).
  • Key responsibilities include:
  • Significant achievements: I played a key role in developing and maintaining standard financial and administrative procedures for the company. This included bringing up to date financial statements that where behind by two (2) financial years.

Education

Financial reporting, Management accounting, Auditing principles and Practices, Financial Management, Business Analysis, Financial accounting, Business mathematics and statistics, Cost accounting, Taxation, Economics, Management, Information technology and communication

CA ZAMBIA - APPLICATION

Grade 12 "O" Level School Certificate - undefined

Masuku Secondary School

Skills

  • Management Accounting
  • Tax return filing
  • Cash flow management
  • Financial management
  • Budget Preparation/Forecasti
  • Financial reporting
  • Data analysis
  • Payroll Management
  • Account reconciliation
  • Bank reconciliation
  • Accounting and bookkeeping
  • Accounts payable and receivable

Affiliations

  • Association of Chartered and Certified Accountants (ACCA)
  • Zambia Institute of Chartered Accountants (ZICA)

References

Cuthbert, Mambali, Financial Controller, +260975938835, Necor Zambia Ltd, Lubambe road, Lusaka, Zambia

Timeline

Accountant

SpeedPay Limited
11.2022 - Current

Accountant

Necor Zambia Limited
11.2016 - 05.2022

Trainee Accountant

Dolomite Group/Gradure Property Development (Dolomite Aggregates Ltd and Dolomite Roads & Construction Ltd)
04.2013 - 11.2016

Assistant Accountant

High Protein Foods Ltd/Savanna Beef
09.2011 - 04.2013

Grade 12 "O" Level School Certificate - undefined

Masuku Secondary School

Financial reporting, Management accounting, Auditing principles and Practices, Financial Management, Business Analysis, Financial accounting, Business mathematics and statistics, Cost accounting, Taxation, Economics, Management, Information technology and communication

CA ZAMBIA - APPLICATION
ROY BALENGU