Daniel Nkusuwila Phiri

Senior | Audit & Assurance at BDO Zambia Limited
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Zambia, ZM

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Experience

    • Zambia
    • Accounting
    • 100 - 200 Employee
    • Senior | Audit & Assurance
      • Jan 2023 - Present

      • Leading audit engagements with teams of up to 5 people• Managing client relationships• Preparing budgets prior to audits• Ensuring quality by ensuring teams learn to execute work efficiently.• Appraising junior team members on their performance on engagements• Testing of controls relating to all financial processes • Audit completion procedures• Coaching junior members in the performance of their work.• Preparation of deliverables and agreeing on deliverables between the audit team and client• Review of client internal control environment and pass value-adding recommendations• Assisting managers in the execution of their duties including assistance in the review offinancial statements• Utilizing excellent interpersonal skills when contacting prospective clients via telephone, emailand face-to-face communication and resolved queries with both customers and accountsdepartment.• Increasing customer’s interest in products by using in-depth product knowledge and providingsound advice that meets the client’s requirements.• Supervision of junior team members• Preparation of meeting agendas and chairing team meetings and• Performing hot and cold audit file reviews on other engagements to ensure quality firmwide and network standards are upheld. Show less

    • Semi Senior | Audit & Assurance
      • Jan 2022 - Jan 2023

      • Involvement in client acceptance procedures• Understanding client's business• Assisting in identifying risk matters and planning the audit work required onassignments based on the software used• Execution and finalization of audit work• Mainly reports to supervisors and managers

    • Junior | Audit & Assurance
      • Jan 2021 - Jan 2022

      Performing client acceptance and continuance procedures. Such as the drafting of engagement letter, independence, and ethical checks.- Arranging and facilitating client planning meetings to understand the entity, risk assessment and designing of audit procedures to address any identified risks.- Planning audit engagements as per ISA 300 and any other applicable reporting framework. - Coordination and supervision of the audit team and ensuring that the audit is conducted within the budgeted time.- Time management, work in progress management, delegation and mentoring and training juniors team members.- Performing substantive analytical procedures and tests of detail in accordance with the International Standards on Auditing (ISA’s) and the audit firm’s methodology.- Ensure that the files meet the required standards in terms of audit documentation and are archived on time.- Preparation of Management letter points reports to management and audit committees on. Show less

    • Trainee | Audit & Assurance
      • Jan 2020 - Jan 2021

      My duty and responsibilities included: • Designing and executing audit procedures on areas assigned or identified• Taking and documenting minutes during team and client meetings.• Filing of client documents and maintaining audit files• Perform any other duties as required by supervisors

    • United Kingdom
    • Accounting
    • 700 & Above Employee
    • Audit Semi Senior
      • Jan 2022 - Jul 2022

      My experience involved working with BDO UK LLP’s Natural Resources audit sector division; I gained exposure to group audits for BDO UK LLP’s natural resources sector clients in the shipping, mining, telecoms, and exploration entities. My experience involved working with BDO UK LLP’s Natural Resources audit sector division; I gained exposure to group audits for BDO UK LLP’s natural resources sector clients in the shipping, mining, telecoms, and exploration entities.

    • Zambia
    • Business Consulting and Services
    • 1 - 100 Employee
    • Audit Assistant
      • May 2018 - Dec 2019

      Responsibilities included: • Performing financial and compliance audits. • Designing and implementing appropriate audit tests. • Testing operational controls. • Developing audit memorandums. • Reviewing internal control systems and recommending enhancements in the control environment where weaknesses are identified. • Reviewing accounting policies used by management and reasonableness of accounting estimates. • Performing payroll analysis, sampling and detailed sales, inventory and expenditure tests. • Providing outsourced internal audit services. Other Admin & Finance duties • Handling petty cash. • Posting firm receipts & expenses into PASTEL Accounting system. Show less

    • Internal Audit Intern
      • Mar 2018 - May 2018

      My tasks during this period included but not limited to: • Observation of the daily bar stock count, this was done to ensure that bar the stock count reflects actual purchases or transfers from the National Assembly motel stock to the main building stock. • Recounting, inspecting and recording of bar stock units to ensure that the bar attendants count represented a true and fair view of what is expected of management. • Reviewing National Assembly payments such as gratuity payments, imprest,per diem, subsistence allowance, overtime, parliament member's sitting allowances, utility and other miscellaneous NAZ payments to ensure that they adhere to the NAZ financial management policies. • Performing and reperforming bank reconciliation of members and staff payroll. • Performing reconciliation of motel and main building expenses. Show less

Education

  • Zambia Centre For Accountancy Studies
    ZICA Licentiate, Accounting
    2011 - 2015
  • ZABTUC
    Chartered Accountant Zambia, Accounting
    2017 - 2018
  • ZCAS
    ZICA Certificate Level
    2012 - 2015
  • Arakan High School
    General Education
    2007 - 2009

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