Timile Chakalisa

Financial Accountant at Liberty Life Botswana
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Contact Information
us****@****om
(386) 825-5501
Location
Botswana, BW
Languages
  • English Native or bilingual proficiency
  • Kalanga Native or bilingual proficiency

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Experience

    • Botswana
    • Insurance
    • 1 - 100 Employee
    • Financial Accountant
      • Apr 2016 - Present

      Prepares monthly statements by collecting data; analyzing and investigating variances; summarizing data, information, and trends. Prepares quarterly and annual statements by assembling data. Comply with tax filing requirements by studying regulations; adhering to requirements; advising management on required actions; calculating quarterly estimated tax payments; assembling data for quarterly and annual tax filings. Respond to financial inquiries by gathering, analyzing, summarizing, and interpreting data. Provide financial advice by studying operational issues; applying financial principles and practices; developing recommendations. Preparing special reports by studying variances; preparing budgets; developing forecasts. Updating job knowledge by keeping current with financial regulations and accepted practices; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. Accomplishing finance and organization mission by completing related results as needed. Show less

    • Accountant
      • Dec 2008 - Feb 2015

      Employed by Kingdom Bank Africa Limited as a treasury back office account administrator from 1st December 2008 to date. My portfolio included all the bank customers with the names ranging from letter G to letter H. My duties includes supporting daily back office settlement process for various treasury products, such as Foreign Exchange (FX). I was also for performing trade support functions such as trade verifications, confirmations and settlements.I am responsible for their accounts, from opening account, maintaining it, processing all the transactions that goes through their accounts like payments, receipts, and investments. I was also responsible for SWIFT functions such as inputting, verifying and authorizing. Working for Kingdom Bank developed my knowledge on how capital markets work and operates. Accounts (Reconciliation’s Supervisor) 01/06/2010 to date Account reconciliation is a very critical exercise in the bank. The exercise should be done daily with an aim of ensuring that there are no outstanding items in all nostro accounts. Account reconciliation is essential to ensure accurate financial reports, because it identifies errors and inconsistencies requiring correction. The exercise is carried out in two stages viz; 1. Identifying all outstanding item 2. Investigating and resolving all outstanding items Mastercard Project Steering Committee Member KBAL was issued a license for MasterCard, of which I become a part of the steering for the MasterCard project, this game an extensive exposure on the card business, as l was involved from inception throughout the Pre-pilot, pilot and launching stage. Show less

    • Professional Services
    • 700 & Above Employee
    • Accountant
      • Aug 2005 - Nov 2008

      Worked for Pricewaterhouse Coopers in the department of Audit and Assurance from 1st August 2005 to 30th November 2008 (Three years and four Months). My working experience as an accountant at Pricewaterhouse Coopers improved my analytical ability, ability to lead and supervise subordinates effectively and ability to work under pressure. Duties and responsibility My main duty was to carry out external audit tasks at different clients. My portfolio included companies such as Chobe Holdings Group, Botswana Housing Corporation, Motor Centre, African Alliance, Furniture Mart, Sugar Industries, Kgalagadi Breweries Limited, Mascom Wireless Botswana, Botswana Accountancy College, Printing and Publishing Company, Travel Wise, and most of pension funds and other small clients. Section covered during the audit-included evaluation of the adequacy of internal controls, checking their effectiveness and efficiency and where the controls were not meeting their objectives I proposed some remedies and came out with recommendations. I also performed substantive analytics procedures and substantive test of details on areas such as; Cash and Bank, Property, plant and equipment, Purchases , Accounts payables (Creditors), Sales , Accounts receivable (Debtor), Operating expenses, Payroll, Investments, Accruals and provisions, Inventory. Show less

Education

  • University of Botswana
    Bachelor's Degree, Bachelor of Accountancy
    2001 - 2005

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