Experience

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  Latitude 15°, Lusaka

  • Lusaka Province, Zambia

  • Financial Controller

    • Jul 2021 - Mar 2023
    • Lusaka Province, Zambia

    As Financial Controller, I was responsible for the full function of managing the finances of the hotel and reporting to the General Manager including group Chief Financial Officer

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  Tongabezi Lodge and Sindabezi Island including Livingstone Island

  • Livingstone, Southern, Zambia

  • Group Financial Controller

    • Sep 2018 - Jul 2020
    • Livingstone, Southern, Zambia

    Support the executive management team by offering insights and financial advice that will allow them make the best decisions for the group.Liaising with the external auditors to ensure smooth audits and within budget.Finalization of month end accounts by ensuring the accuracy of all entries posted in the general ledger and ensuring that all balance sheet schedules such as asset register, tax returns for tax payable (NAPSA, PAYE, VAT, Tourism Levy etc), accounts receivables and payables balances reconcile with the trial balance including the bank reconciliations.Preparation and submission of month end reports to the directors starting with the final trial balance and then populating the management accounts in Excel, further splitting the reports per profit centre/ company and then consolidated reports.Review weekly and monthly cash flow projections showing expected payments to make and also income to collect and submitting to the directors for approval.Working capital management including debtors, creditors and cash. Successfully negotiating bank rates with all our banks and other suppliers.Reviewing all statutory calculations for accuracy before returns are submitted to ZRA, NAPSA, Workers Compensation and PACRA, ensuring timely submission of accurate returns and payments to avoid penalties.Review all processes to identify areas for cost savings especially in light of the Covid 19 impact on tourism. This includes costs related to running boats and company vehicles.Manage the efficiency and effectiveness of the finance team through trainings and motivation.Review payroll prepared by Finance Manager for accuracy and submit to managing director for approval. Ensure payments are made in line with the approved payroll schedule and entries posted in the system.

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  Hilton Garden Inn Lusaka Society Business Park

  • lusaka

  • Finance Manager

    • Apr 2017 - Aug 2018
    • lusaka

    Leading the monthly P&L and Credit committee meetings with HODs & GM, reviewing performance, and developing strategy to enable us achieve high profitability.Ensure statutory compliance with ZRA, NAPSA, Tourism Council and workers compensation.Ensure that Finance teams are providing month end closing and all other required management reports for presentation to hotel owner (NAPSA).Work with the HODs to provide full and accurate forecasting, and budgeting proposals within the hotel.Prepare capital reviews as required by the General Manager and ensure sufficient funding in place for capital expenditure to maintain the hotel in accordance with brand standards. Fixed asset and risk management.Develop best practice financial accounting and control procedures, and continually review the process to maximise impact and efficiency.Ensure the balance sheets are a fair reflection of the assets and liabilities of the hotel.Leading monthly finance update meetings with General Manager/Hotel team.Aggressively managing all the revenue and expense areas to ensure both top line and bottom line profitability.Resolving customer and supplier complaints in a timely and professional manner.Recruit, train, set goals, evaluate employee performance and develop improvement plans

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  Minor Hotels-Royal Livingstone Hotel & Avani Victoria Falls Resort

  • Livingstone, Zambia

  • Assistant Financial Manager

    • Apr 2016 - Apr 2017
    • Livingstone, Zambia

    Review journals and attachments thereof to ensure that the correct procedure is followedPrepare and regularly review cash flow forecast for three months Review accrual procedure and rationale for all expensesReview all VAT, WHT and Corporate tax submissionsReview all balance sheet accounts to ensure validity of balances thereofReview the fixed assets register, ensure no expense items are capitalised and that no capital items are expensedEnsure month end reporting is done accurately and reported accordinglyIntroducing effective ways of enhancing work methods and departmental effectiveness, also impact technical skills on the team where necessaryReview the validity of stock adjustments from procureIndependently prepare and submit the actual month end pack, the notes to the executive summary, the FC checklist, monthly P & L meeting minutes, Zambia business review report, monthly forecast for the remainder of the year, quarterly financial pack, ensure credit meeting minutes submitted.Independently prepare and submit the board packAssist the Financial Manager in preparing annual budgets, quarterly reviews, finalization of year end reportingLiaison with both internal auditors (KPMG) and external auditors (PWC) and ensure that information requested for is provided in a timely manner to avoid audit overrunsEnsure implementation of audit recommendations within the timeframe in management comments Assist the Financial Manager in the review of the risk register and overall risk managementReview the validity and correctness of the costs captured on a weekly basisReview each items in the city ledger / accounts receivable for accuracyAnalyse the monthly financial and hotel statistics, and report on the underlying trends with a view to increasing profitsManage a team of more than 25 staff towards a common goalRespond to head office and HODs queries with regards to financial data and support the smooth running of the operations

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  Minor Hotels ( Royal Livingstone & Avani Hotels)

  • Livingstone, zambia

  • Acting Financial Manager

    • Oct 2016 - Dec 2016
    • Livingstone, zambia

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  VisionFund International

  • Lusaka, Zambia

  • Country Finance Manager

    • Feb 2014 - Mar 2016
    • Lusaka, Zambia

    Manage branch and head office AccountantsReviewing all daily loan postings into loan performer for accuracy, review individual client loan accountsReviewing petty cash reconciliations, ensuring day end and month end closure process is done, verifying loan repayments into our bank accounts, ensuring timely disbursements of loans to clients.Reviewing all monthly bank reconciliations and liaising with the bank on matters of discrepancy, investigating un reconciling items and ensuring corrective action is taken.Reviewing individual clients ledger cards and ensuring their accounts are up to date with payments and reporting weekly to Senior management on client accountsMonitoring the portfolio at risk, projecting arrears reports, calculating provision for bad debts based on arrears and communicating this information to to credit department and branch Manager.Attending credit committee meetings to approve loans, formulate strategy to achieve target disbursements of loans and collection of dues and arrears for different branchesmaintaining the Asset register, stock cards, ensuring profitability by provide timely financial information to the operations staff to aid enhancement of portfolio value and minimisation of portfolio at riskPerformance of other administrative duties as requestedHighlight and interpret statistics, variances, profit margins for department headsAnalyse trends in costs and advise management on the best options to manage the costsReview revenue generating streams or markets that are profitable and can be pursued

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  National Milling Corporation Ltd

  • Kitwe, Zambia

  • Chief Accountant-North

    • Feb 2013 - Dec 2013
    • Kitwe, Zambia

    Assigning accounting staff to various outlets to conduct spot checks and monthly stock counts, and ensuring they are conducted successfully.posting of month end journals, including prepayments and accrualsReviewing monthly inventory reports and investigating variancesReviewing monthly cash clearing to ensure all sales were actually bankedReviewing all monthly bank reconciliations and liaising with the bank on matters of discrepancyReviewing individual customers accounts and ensuring their accounts are up to date with payments and reporting weekly to management on client accountsAuthorising all petty cash payments and ensuring all supplier`s invoices are factual then paid promptlyManaging the daily costs and revenues within the RegionCoordinating all other departments, warehousing, sales & marketing, human resource and accounting to ensure the smooth conduct of businessAnalyse stock wastage reports and make suggestions on practical savingsReview stock take sheets for sign offsReview the validity of any stock adjustments in NavisionAssist the General Manager manage over 70 staff to profit the regionReview revenue generating streams or markets that are profitable and can be pursued

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  Mazars UK

  • Botswana

  • Accounts Executive

    • Jan 2010 - Dec 2013
    • Botswana

    Finalization of financial statements for assigned companies i.e. Service industry, Manufacturing companies, Local Municipalities, Small to Medium Enterprises etc.Review of general ledger reconciliation, bank reconciliations etc.Assisting clients with audit preparation.Coordinating the activities of the financial accounting teamProvision of financial advisory services in line with GAAP and IFRS Provision of tax advisory services on a consultative basisProject performance review and provision of periodic management reports.Reviewing financial projections for clients in my portfolioAssigning responsibilities to accounts juniorsReviewing business plans and company profiles prepared for clientsReview of VAT/PAYE computations, ensure completeness and promptness of submission of VAT Returns

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  All Cheese Botswana

  • Botswana

  • Financial Controller

    • Jan 2008 - Dec 2009
    • Botswana

    Prepare monthly management accounts and investment portfolio performance Responsibility for preparation and completion of statutory accountsCoordinating the strategic processes in respect of pricing policies for company products such as cheese, yoghurt, fruit juice etc.Overseeing the preparation of budgetsPreparation and submission of VAT returnsReview of variance analysis prepared by finance officerReview of cash flow projection reports for submission to managementPreparing weekly management reports for submission to Management and monthly reports for submission to the boardManaging and coordinating the activities of staff within the finance, marketing, sales and production units.Managing working capital of the organisationLiaison with external auditorsAnalysing individual customer profitability and formulating strategy to maximise profitability per customer.Liaising with slow paying receivables and negotiating terms with suppliers and customers