Zachariah Chakalashi
Finance Manager at Octagon Financial Services Zambia Limited- Claim this Profile
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English Native or bilingual proficiency
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Nyanja Native or bilingual proficiency
Topline Score
Bio
Credentials
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Investment Advisors and Stock Brokers Course
ZCIPT, Securities and Exchange Commission (SEC) , Lusaka Stock Exchange (LuSE)Nov, 2018- Nov, 2024
Experience
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Octagon Financial Services Zambia Limited
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Zambia
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Financial Services
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1 - 100 Employee
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Finance Manager
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Jan 2022 - Present
Oversee all financial management operations for Octagon Zambia. Contribute significantly to the organization's long-term financial security and client satisfaction. Accountable for supporting client pension schemes portfolio investment and management activities. Key Responsibilities:-Supervision of the Accounting functions, and all other financial operations, including training, coaching, and development of staff.-Create and put into place effective financial management policies and procedures, and provide financial guidance and support to guarantee the company's long-term viability.-Assume a leadership role in the development and execution of financial policies, processes, and regulations that abide by the law, as well as coordinate and manage organizational projects.-Oversee 15+ annual external audit processes including annual actuarial valuation and all internal audit processes.-Develop and implement local and international accounting and reporting standards. -Reduce business key risk exposure and ensure effective management of all corporate operations, initiate and monitor the adoption of effective organizational internal control systems.-Manage the timely submission of quarterly and monthly financial reports and annual returns.-Plan, budget, and control the company's finances in a coordinated manner.-Provide qualified guidance on financial choices, the use of corporate resources.-Maintain an optimal level of working capital, review it regularly, and make sure the business has enough facilities at all times.-Evaluate requests for capital investments and offer suggestions to the Group Managing Director and other Directors.-Coordinate all payroll processes and verify that accurate payroll records are kept. Show less
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Company Secretary
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Jun 2021 - Jun 2023
Key Responsibilities:-Superintend, coordinate and facilitate general management and administrative functions of the Board of Directors.-Promote and sustain good corporate governance and uphold the professional image of the Company.-Provide management and the Board executives with notices of meeting times and places and requests for contributions of items for the agenda.-Maintain the official minutes of the organization, and also provided them to the Executive Office.-Help guide and mediate Board actions with respect to organizational priorities and governance concerns Show less
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Finance & Operations Manager
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Jan 2021 - Dec 2021
Key responsibilities:-Coordinated all Financial and Operational matters -Prepared and executed the company budget, and managing resource allocation.-Ensured periodic financial reporting and ascertained that processes are performed to adhere to the group deadlines.-Maintained current cost base and performed variance analysis.-Ascertained that yearly financials for the firm and the scheme were finished and approved in record time.-Produced dependable financial statements, and conducted in-depth analysis and reporting of financial results and forecasts.-Ensured that any regulatory queries are addressed within the allotted time. -Cemented the business and the programs being managed are completely compliant. -Prevented overruns, and controlled the auditing process.-Was a key resource in the quarterly and annual budget and forecasting processes. -Supervised all Payroll processes. Show less
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Alexforbes
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South Africa
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Financial Services
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700 & Above Employee
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Finance and Operations Manager
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May 2019 - Dec 2020
Key responsibilities:-Coordinated all Financial and Operational matters -Prepared and executed the company budget, and managing resource allocation.-Ensured periodic financial reporting and ascertained that processes are performed to adhere to the group deadlines.-Maintained current cost base and performed variance analysis.-Ascertained that yearly financials for the firm and the scheme were finished and approved in record time.-Produced dependable financial statements, and conducted in-depth analysis and reporting of financial results and forecasts.-Ensured that any regulatory queries are addressed within the allotted time. -Cemented the business and the programs being managed are completely compliant. -Prevented overruns, and controlled the auditing process.-Was a key resource in the quarterly and annual budget and forecasting processes. -Supervised all Payroll processes. Show less
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Management Accountant
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Apr 2018 - Apr 2019
Key Responsibilities:-Conducted Key Value Drivers (KVD) analysis and prepared monthly dashboard reports are prepared for the Business Unit and the Group.-Performed variance criticism and analysis and controlled working capital to manage available resources.-Prepared timely Annual Financial Statements, supported the business during internal and external audits and created the company's monthly cash books and bank reconciliations.-Ensured that corporate taxes and contributions are paid on time to the Zambia Revenue Authority (ZRA) and National Pension Scheme Authority (NAPSA), respectively, and take care of any issues that arise from those organizations.-Established that the organization's infrastructure meets operational needs, and advised management when a gap occurred.-Monitored Fuel and Petty Cash accounts for the Company.-Acted as the facilities manager for the company and communicated with landlords about issues involving office space. Show less
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Accounts Assistant
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Dec 2015 - Mar 2018
Key Responsibilities:-Assisted the Finance Manager create budgets and reports. -Analyzed variations and offered critical feedback.-Verified that business taxes and contributions were paid on time to the National Pension Scheme Authority (NAPSA) and the Zambia Revenue Authority (ZRA), respectively, and took care of any issues that arose from those organizations.-Aided in the creation of pension plan Accounting statements.-Prepared cash books and bank reconciliations for the Fund Administrator and the Investment Manager, and prepared monthly accounting journals.-Analyzed fund assets for comparison with the Investment Manager's schedules.-Monitored the company's Petty Cash and fuel accounts. Show less
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Education
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2011 - 2014
ZAMBIA CENTRE FOR ACCOUNTANCY STUDIES (ZCAS)
Management Accounting CIMA -
2007 - 2009
Namwianga Christian Secondary School (NCSS)
High School -
2005 - 2006
St Canisius Secondary School
High School
Community
