Summary
Overview
Work history
Education
Skills
Languages
REFERENCES
Timeline
OperationsManager
SAMUEL MULENGA

SAMUEL MULENGA

LUSAKA,Zambia

Summary

Talented finance professional with proven expertise in credit management. Diligent in research and assessment for minimised client and business risk. Meticulous in maintaining accurate, up-to-date records. Abstract thinker, innovative problem-solver and strategic planner confident manipulating statistical techniques and mathematical formulae to offer solutions to economic problems. Driven to achieve successful economic results using skills in forecasting, data analysis and trend analysis.

Overview

4
4
years of professional experience
9
9
years of post-secondary education

Work history

Regional Credit Analyst

Reddot distribution Zambia Ltd
Lusaka, Zambia
01.2023 - Current
  • Analyze financial statements, credit reports, and other relevant financial information to assess the creditworthiness of individuals and businesses
  • Evaluate credit applications, credit lines, and other credit requests to determine the risk level involved
  • Conduct thorough research and due diligence on customers to verify their financial stability and ability to pay dues
  • Calculate and assign credit ratings based on risk assessment and analysis of financial data
  • Prepare comprehensive credit reports, including financial analysis, risk assessment, and recommendations
  • Collaborate with internal teams, credit committee and senior management, to review credit applications and make informed decisions
  • Monitor credit portfolios and proactively identify potential credit issues or defaults
  • Recommend and implement strategies to mitigate credit risks and improve the overall credit quality of the portfolio
  • Stay updated with industry trends, regulatory requirements, and best practices in credit analysis
  • Abide by the Company's KYC, risk and credit policies
  • Managing and reviewing debtors from an AR perspective and working with relevant teams to ensure the Company's risk of exposure remains low.
  • Recommended processes to managerial teams to improve credit allocation and collection.
  • Manage credit Insurance compliance and submition of claims in case of default
  • Enforced established policies and regulations, fulfilling regulatory compliance requirements.

Internal Auditor

Ross Breeders Zambia
Lusaka, Zambia
01.2022 - 12.2022
  • Developed flowcharts and data visualisations to clarify audit findings.
  • Conducted tests to identify deficient controls or inefficiencies.
  • Determined ways to cut costs and improve productivity.
  • Collaborated across teams to implement Three Lines of Defence model.
  • Shaped internal audit strategy and methodology to meet company goals.
  • Assessed efficiency and productivity of internal staff and made recommendations for improvements.
  • Carried out spot checks on physical stock, trade debtors and other key areas
  • Updated senior leaders regularly, reporting significant internal control issues.
  • Reported on control deficiencies to management and made recommendations to mitigate risk and add value.

Credit Controller

Lactalis Zambia
Lusaka, Zambia
12.2019 - 11.2021
  • Bank reconciliation and Cashbook
  • Timely preparation of bank reconciliations
  • Allocating payments in accordance with customer remittances
  • Ensure GL reconciliations are done on timely basis
  • Ensure sub-ledger recons are done on time in order to avoid customers delaying making payments
  • Reconcile debtor's suspense account on timely basis
  • Closely monitoring all customer accounts in order to maintain balances within agreed credit limits
  • Processing of debtor journals I.e Sales incentive, swell allowance, transport rebates
  • Releasing of orders after checking and verifying if customer is within credit limit
  • Payment follow-ups, generating reminder letters, and sending monthly statements
  • Carrying out credit checks before opening customer account and uploading account opening forms for approval from finance manager
  • Informed new customers on up-to-date credit terms and conditions.
  • Chased clients to procure payments in line with agreed terms and conditions.
  • Assessed customer compliance with repayment schedules through thorough account reviews.
  • Followed up monthly statements with courtesy calls to customers.
  • Conducted credit checks and monitored credit alerts.

Education

Master of Arts - Economics

The University of Zambia
Lusaka, Lusaka Province
02.2022 - 12.2023

Bachelor of Arts - Economics

The University of Zambia
Lusaka, Lusaka Province
10.2015 - 12.2019

GCSEs - Grade 12 O Level Certificate

Kaoma High School
Kaoma, Western Province
01.2011 - 12.2013

Skills

  • Extremely meticulous, understanding analytical, qualitative, and problem-solving skills
  • Business analysis expertise
  • Financial planning
  • Accounting software
  • Financial audits
  • Credit analysis
  • Data analysis
  • Financial statements expertise
  • Self-starter
  • Statistical analysis techniques
  • Credit risk management
  • Teamwork and team building skills
  • Able to supervise and motivate others
  • Sage (Evolution) accounting system
  • MYOB Enterprise accounting system
  • SAP Business one
  • STATA (Statistics and data)
  • E-Views( Econometrics views)

Languages

English
Fluent

REFERENCES

Mrs Chanda Mwamba

Group Credit Manager-Zamseed

+260974676583


Mr Musumali Patrick

Payables Accountant- Lactalis Zambia

+260955240034


Professor Peter Hangoma

UNZA Lecturer

+260965448833

Timeline

Regional Credit Analyst

Reddot distribution Zambia Ltd
01.2023 - Current

Master of Arts - Economics

The University of Zambia
02.2022 - 12.2023

Internal Auditor

Ross Breeders Zambia
01.2022 - 12.2022

Credit Controller

Lactalis Zambia
12.2019 - 11.2021

Bachelor of Arts - Economics

The University of Zambia
10.2015 - 12.2019

GCSEs - Grade 12 O Level Certificate

Kaoma High School
01.2011 - 12.2013

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SAMUEL MULENGA