Vincent Mumba Chimuka
Lawyer
Lusaka,Lusaka
Summary
Proactive and goal-oriented professional with excellent time management and problem-solving skills. Known for reliability and adaptability, with swift capacity to learn and apply new skills. Committed to leveraging these qualities to drive team success and contribute to organisational growth.
Overview
19
19
years of professional experience
Work History
Senior Debt Enforcement Officer
Zambia Revenue Authority
11.2015 - Current
- Coordinating the management and recovery of outstanding taxes through structuring and authorisation of debt payment plans;
- Devising of appropriate strategies and actions to be taken in order to recover outstanding debts;
- Designing of procedures and policies for management and enforcement of non-compliant taxpayers;
- Monitoring and implementing of Debt Recovery policies and procedures;
- Analysing trends in debt collection statistics and relevant laws;
- Executing Warrants of Distress, Garnishee orders, Charge on land and all other enforcement activities against delinquent taxpayers;
- Liaison and coordination with other operational divisions on debt related issues;
- Preparing Monthly, Quarterly and Ad-hoc reports on the activities of the unit;
- Creation of Business Rescue and Insolvency Data Base;
- Liaise with The Administration Department on the removal of assets with regard to abrogated Warrant of Distress conditions and co-ordinate on the sale of the distressed assets;
- Devising of compliance procedures and policies for the unit
- Interdepartmental liaison on disputed legal cases;
- Management of all liquidation and receivership cases involving tax payers with tax liabilities in Zambia;
- Liaison with the Legal Services and Administration Department on the disposal of collected moveable assets through bids and auctions
- Providing updated procedures and materials for the unit;
- Ulitilisation of multi system investigations to perform due diligence and skip tracing;
- Follow through on debt recovery process during insolvency process;
- Liaison between the Zambia Revenue Authority and all appointed tax collecting agents;
- Manage debt swap between Zambia Revenue Authority and IDC parastatal debt;
- Managing of efficient cash flow reporting;
- Supervising Debt enforcement officer - Liquidation/Receivership;
- Supervising Debt Enforcement Officers – Garnishes
- Worked closely with public and remained courteous and calm while defusing tense situations.
- Assisted with development of compliance program and played leadership role in transition of compliance oversight model.
- Worked collaboratively with control executive team on application of laws, regulations and corporate policies and controls to mitigate risk.
Legal Manager/Company Secretary
New Unity Finance Ltd
06.2015 - 10.2015
- Monitoring debt portfolio;
- Managing debt recovery in all Legal branches;
- Managing Legal Department;
- Compilation and analysis of data for review by senior management of loan loss reports to measure portfolio performance;
- Legal research and contract drafting;
- Supervising Legal Assistant and Recoveries Agents in thirteen (13) branches;
- In-house Legal Advisory and compliance management;
- Reporting to CEO and CFO on debt recovery and legal activities in the company;
- Departmental and Management Report Making
- Assessed proposed actions and employee conduct for potential liability and offered suggestions for risk management and remedy.
- Drafted and negotiated term lease agreements and transactions on behalf of company.
- Advised company on achieving statutory compliance by interpreting regulations, suggesting company policies and distributing literature on compliant work practices.
- Researched statutes, decisions, legal articles, and codes.
- Revised and finalized letters, briefs, and memos.
- Drafted professional memos, letters, and marketing copy to support business objectives and growth.
Associate Legal Counsel
Folotiya & Chiumya Legal Practitioners
07.2014 - 02.2015
- Reviewing and ensuring execution of contracts, assignments and mortgages;
- Drafting conveyance documents (Contracts of sale, Deeds of Assignment, Mortgages etc);
- Ensuring statutory approvals and documents are obtained and up to date;
- Preparing weekly reports on all housing developments and one-off conveyance matters;
- Responding to client queries and questions;
- Providing an interface with external lawyers;
- Drafting of security documentation;
- Perfecting of security;
- Debt Recovery and drafting of demand letters;
- Insolvency law advisory;
- Maintaining client relationships through regular communication and updates
- Maximized performance by monitoring daily activities and mentoring team members.
- Improved marketing to attract new customers and promote business.
- Conducted legal research and conferred with colleagues with subject matter expertise to develop strategies and arguments in preparation for presentation of cases.
- Researched and interpreted laws, rulings and regulations to advise clients on business and legal transactions.
- Analyzed legal documents and identified pertinent issues for clients.
- Minimized risk exposure through careful advice on business operations and strategic plans.
Portfolio Manager/Legal Manager
Alios Finance (Z) Ltd
12.2012 - 06.2014
- Monitoring the company’s portfolio of facilities both Performing Loans and Non-Performing Loans;
- Managing the portfolio of facilities under Litigation and providing an interface with external third parties and legal auxiliaries;
- Following up on all lease installments;
- Managing debt recovery of all installment payments within the company, both amicable and under litigation;
- Debt recovery of cases under liquidation;
- Supervising all complex labour cases pertinent to labour laws;
- Internal Legal Advisory to the Anglophone zone - Alios Group;
- Departmental and management report making;
- Risk and compliance analysis with regard to lease portfolio;
- Assisting Internal Auditor with investigations pertaining to fraudulent activities within the company;
- Making informed financial decisions and recommendations;
- Reporting to CEO and Group Risk Manager on debt recovery activity and portfolio performance;
- Reporting to CEO, Group Risk Manager and Group Chairman on Legal profile;
- Developing collection strategies;
- Supervising recovery team both internal and external;
- Developed rebalancing strategies to minimize risk exposures.
- Facilitated portfolio performance review and implemented new strategies.
- Conducted financial due diligence on potential investments and acquisitions.
- Drafted and negotiated Term Lease agreements and transactions on behalf of company.
- Advised company on achieving statutory compliance by interpreting regulations, suggesting company policies and distributing literature on compliant work practices.
- Analyzed deeds of trust to verify grantor, grantee, trustee and loan amounts for executive leadership.
Legal Intern
Ellis & Co
01.2006 - 12.2011
- Attended depositions and court proceedings and prepared summaries on cases.
- Organized legal filing system to maximize efficiency.
- Performed legal and general research, drafting memoranda, and correspondence.
- Reviewed legal information and proofed documentation for errors.
- Attended to filling records at the Lands and Deeds Registry,PACRA and the High Court for Zambia
- Attended to the updating of Counsel's certification updates with the Law Association of Zambia
- Revised and finalized letters, briefs, and memos.
- Contacted clients to schedule appointments and discuss progress of cases.
- Sorted legal documents, filing and case materials in clear, orderly systems.
- Interviewed and communicated with clients via phone or email.
Education
Primary School Certificate -
Ndola Modern High School
NdolaJnr. Secondary School Certificate -
St. Canisius High School
MonzeSnr. Secondary School Certificate -
St. Canisius High School
MonzeBachelor of Laws Degree - LLB
Zambian Open University
LusakaMasters in Taxation and Investment Law -
ZCAS
LusakaInspectors Course - Income Tax
Zambia Revenue Authority
Skills
- Strategic planning
- Risk management
- Insolvency Proceedings
- Portfolio Management
- Legal advisory
- Report writing
References
- Nicholas Kasapato, Assistant Director- DRU, Zambia Revenue Authority, +260 966710453, KASAPATN@zra.org.zm, P.O Box 35710, Lusaka, Lusaka, Zambia
- Timothy Milambo, Commissioner Finance, Zambia Revenue Authority, +260 955992212, MILAMBOTN@zra.org.zm, P.O Box 33703, Lusaka, Lusaka, Zambia
- Natasha Chiumya, Managing Partner, Folotiya & Chiumya Legal, +260 965 070 489, nchiumya@fnclegal.com, P.O Box 32923, Lusaka, Lusaka, Zambia
Summaryofqualifications
- Ndola Modern High School, Primary School Certificate
- St. Canisius High School, Jnr. Secondary School Certificate
- St. Canisius High School, Snr. Secondary School Certificate
- Zambian Open University, Bachelor of Laws Degree (LLB)
- ZCAS, Masters in Taxation and Investment Law
- Zambia Revenue Authority, Inspectors Course – Income Tax
Timeline
Senior Debt Enforcement Officer
Zambia Revenue Authority
11.2015 - Current
Legal Manager/Company Secretary
New Unity Finance Ltd
06.2015 - 10.2015
Associate Legal Counsel
Folotiya & Chiumya Legal Practitioners
07.2014 - 02.2015
Portfolio Manager/Legal Manager
Alios Finance (Z) Ltd
12.2012 - 06.2014
Legal Intern
Ellis & Co
01.2006 - 12.2011
Inspectors Course - Income Tax
Zambia Revenue Authority
Primary School Certificate -
Ndola Modern High School
Jnr. Secondary School Certificate -
St. Canisius High School
Snr. Secondary School Certificate -
St. Canisius High School
Bachelor of Laws Degree - LLB
Zambian Open University
Masters in Taxation and Investment Law -
ZCAS
Similar Profiles
Chabala ChipoyaChabala Chipoya
Intelligence and Information Officer at ZAMBIA REVENUE AUTHORITYIntelligence and Information Officer at ZAMBIA REVENUE AUTHORITY
Teddy ChandaTeddy Chanda
TAX CONSULTANT (INSPECTOR) – CUSTOMER EXPERIENCE (IPM) – NDOLA SERVICE CENTRE SUPERVISOR at ZAMBIA REVENUE AUTHORITYTAX CONSULTANT (INSPECTOR) – CUSTOMER EXPERIENCE (IPM) – NDOLA SERVICE CENTRE SUPERVISOR at ZAMBIA REVENUE AUTHORITY
Pamela BandaPamela Banda
Temporal Revenue Officer at Zambia Revenue AuthorityTemporal Revenue Officer at Zambia Revenue Authority