Vernon Foloko
Lusaka,Zambia
Summary
Accomplished finance professional with expertise in financial reporting and management, accounts receivable, and donor fund accounting. Proficient in forecasting, budget analysis, and VAT compliance, with a strong track record in bank reconciliation and audit coordination. Skilled in utilising ERP systems such as Sage, Pastel, and QuickBooks to enhance financial operations. Adept at managing treasury functions and cash flow to optimise organisational performance. Committed to leveraging analytical skills for strategic financial planning and compliance.
Overview
14
14
years of professional experience
Work history
Grants Accountant
Community Markets for Conservation (COMACO)
Lusaka
2021.06 - 2026.05
- Managed 21 bank accounts, including online transactions and reconciliations
- Prepared donor financial reports (S3P, SAPP, IFAW, KFW, EU Challenge Fund)
- Reviewed staff retirements, posted donor revenue, and reconciled project advances
- Supported external audits by GIZ, USAID, UNDP, IFAD, and others
- Managed fixed asset register worth over K80M and monthly VAT submissions
- Oversaw financial operations including cash forecasting and treasury
Accounts Assistant
Community Markets for Conservation (COMACO)
Lusaka, Lusaka Province
2015.04 - 2021.06
- Bank reconciliations for 8 accounts, customer payment postings, AR reports
- Maintained account books and supported inventory audits
- Resolved collections, reconciled payments, and maintained accounting systems
Assistant Accountant
Expanded Church Response
Lusaka, Lusaka Province
2012.08 - 2013.10
- Prepared donor reports, VAT/NAPSA returns, and facilitated vendor payments
- Conducted financial audits for CHAZ and USAID-funded projects
- Verified data integrity and maintained process documentation
Education
CA Zambia - Accounting
Zambia Institute of Chartered Accountants
Lusaka, ZambiaCIMA CGMA - Accounting
Chartered Institute of Management Accountants
Lusaka, ZambiaSkills
- Financial reporting and management
- Accounts receivable and aged accounts
- Donor fund accounting
- Forecasting and budget analysis
- VAT and tax compliance
- Bank and fixed asset reconciliation
- ERP systems: Sage, Pastel, QuickBooks
- Microsoft Office Suite
- Treasury and cash flow management
- Audit coordination
Affiliations
- Zambia Institute of Chartered Accountants (ZICA) – Graduate Member
- Chartered Institute of Management Accountants (CIMA) – Associate Member
Timeline
Grants Accountant
Community Markets for Conservation (COMACO)
2021.06 - 2026.05
Accounts Assistant
Community Markets for Conservation (COMACO)
2015.04 - 2021.06
Assistant Accountant
Expanded Church Response
2012.08 - 2013.10
CA Zambia - Accounting
Zambia Institute of Chartered Accountants
CIMA CGMA - Accounting
Chartered Institute of Management Accountants