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future Mwape

Kitwe, Copperbelt, Zambia Copperbelt, Zambia

Phone: xxx-xxx-xxxx

Email: xxx@xxxx.xxx



  • Looking For: Accountant, Auditor

  • Occupation: Business and Finance

  • Degree: Bachelor's Degree

  • Career Level: Fully Competent

  • Languages: English, French

Career Information:

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Highlights:? Afrope Steel Zambia Ltd’s currency risk exposure was distorting product pricing and impacting revenue. As Financial Manager, identified solutions to mitigate risk. Engaged tax authorities; understood requirements of Kwache vs USD reporting; presented findings, stockholding currency analysis, impact, and options to Board; secured agreement to change stock holding from Kwacha to USD in ERP; and trained Finance team. Succeeded in reducing exchange losses from ZMW2.5m to ZMW90k / month, increasing business profitability by 3%. ? Afrope Steel Zambia Ltd’s diamond mesh machines were unreliable and costly to maintain. As Financial Manager, presented decommissioning business case. Analyzed lead time, poor customer satisfaction, and retention; calculated all replacement costs; confirmed impact of down / idle time; computed running, repair, and maintenance costs; compared margins to manufacture vs import; and drafted business case. Succeeded in decommissioning machines, reducing fixed costs by 20%, with profitability up 5% and retention up 10%. ? Afrope Steel Zambia Ltd sought to achieve its business goals of 1k monthly tonnage and net profit of $1m. As Financial Manager, led key actions with internal employees / shareholders. Reviewed payroll data before releasing salaries; verified individual salary movements; prepared annual budget in line with shareholder expectations; and provided monthly management accounts comparing actuals vs budget and providing variance insights. Succeeded in increasing staff retention by 30% and securing 100% CAPEX support. Professional Experience

Skills:IFRS, GAAP, SAP, Financial Management & Accounting, FP$A, Financial Statements, Business Strategy, Cost Management, Budgeting & Cashflow Forecasting, Tax compliance & Reporting, Financial Policy Implementation, Analytical skills, Advanced Excell Skills, Risk Management, Audit Procedures and Controls, People Leadership, Coaching and development, Client Relationship & key stakeholder management, QuickBooks, auditing

Goal:Short-term Goals (1-3 years) 1. Improve Financial Reporting: Enhance the accuracy, timeliness, and transparency of financial reports to support informed business decisions. 2. Optimize Financial Processes: Streamline financial processes, eliminate inefficiencies, and implement best practices to increase productivity and reduce costs. 3. Develop Financial Planning and Analysis (FP&A) Capabilities: Establish a robust FP&A function to provide actionable insights, forecasts, and analyses to support strategic business decisions. 4. Build a High-Performing Finance Team: Recruit, develop, and retain a skilled and motivated finance team to support the organization's growth and success. Mid-term Goals (4-7 years) 1. Achieve Certification: Obtain a professional certification, such as the Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA), to demonstrate expertise and commitment to the field. 2. Expand Financial Leadership Role: Take on additional financial leadership responsibilities, such as leading special projects, mentoring junior finance professionals, or participating in cross-functional teams. 3. Develop Strategic Business Partnerships: Foster strong relationships with key business stakeholders, including executives, department heads, and external partners, to provide strategic financial guidance and support. 4. Implement Financial Technology and Systems: Evaluate, recommend, and implement financial technology and systems to improve financial efficiency, accuracy, and compliance. Long-term Goals (8-15 years) 1. Become a Senior Financial Executive: Progress to a senior financial executive role, such as Chief Financial Officer (CFO), Financial Director, or Vice President of Finance. 2. Lead Financial Transformation Initiatives: Lead large-scale financial transformation initiatives, such as financial system implementations, process re-engineering, or organizational restructuring. 3. Develop and Execute Financial Strategies: Develop and execute comprehensive financial strategies to drive business growth, improve profitability, and enhance shareholder value. 4. Mentor and Develop Future Finance Leaders: Mentor and develop future finance leaders, sharing knowledge, expertise, and experience to ensure the continued success of the organization

Membership:Association of International Certified Professional Accountants (AICPA) & Chartered Institute of Management Accountants (CIMA) _ UK & USA Zambia Institute of Chartered Accountants- ZICA

Certification:CGMA- Chartered Global Management Accountant (AICPA & CIMA) ACMA-Associate Chartered Management Accountant (CIMA UK)

Honor:CGMA- Chartered Global Management accountant ACMA- Associate Chartered Management accountant CA (ZA)- Chartered Accountant- Zambia


Experiences:

Finance Manager 06/2021 - current
Afrope Steel Zambia Limited, Kitwe, Copperbelt Zambia
Industry: Manufactuting
Afrope Zambia Ltd was founded in 1963 and is a market leader in the manufacture and distribution of specialised steel products including steel wire ropes, wire rope slings and screen mesh. ? As Finance Manager, correctly apply accounting principles to analyse financial information, utilising appropriate control procedures to maintain general ledger and financial reporting.
? Lead a team of 1 Accounts Payable Accountant, 1 Receivables Accountant, 1 Cashier, 1 Credit Management Officer, 1 HR Administrator, 1 Procurement Officer, 1 Stock Controller, 1 Assistant Stock Controller and 1 Operations Controller, reporting to the Chief Financial Officer. ? KPIs focus on: month-end reporting deadlines, business profitability, staff retention, liquidity and debtor / creditor management. ? Ensure correct posting and entries in the general ledger and balance sheet to deliver accurate and error free prepared financial statements. ? Manage month-end reporting timetable, ensuring all credit notes, dispatched and not invoiced, stock adjustments / transfers and goods received notes, work in progress and jobs posted and processed. ? Prepare month-end trial balances and generate income statements and balance sheets. ? Manage accounts payables controls and procedures, ensuring procurement to pay cycle fully applied. ? Evaluate and monitor working capital, including cashflow planning, debtor book management and overseeing all foreign exchange transactions necessary for Afrope trading. ? Prepare, consolidate and present annual budget to agreed deadlines, compiling income statement, cashflow and balance sheet projections and uploading to ERP system for Board presentation. ? Maintain fixed asset register and capital processes, managing additions, disposals and financing. ? Manage annual internal and external audits, preparing schedules, responding quickly to audit queries and communicating with audit teams. ? Ensure compliant income tax and VAT through accurate and timely return filing and submission.--
Financial Accountant 04/2018 - 05/2021
Castle Lead Works Zambia Limited, Kitwe, Copperbelt, Zambia, Choose... Zambia
Industry: Manufactuting
Castle Lead Works is a market leader in the manufacturing of lead products since 1933, with branches in Krugersdorp, South Africa and Kitwe, Zambia. ? As Financial Accountant, analysed financial data, created reports for management and provided strategic recommendations for improving financial performance
? Led a team of 1 Assistant Receivables Accountant, 1 Assistant Payables Accountant, 1 Stock Controller, 1 Cashier and 1 Procurement Officer, reporting to the Group Finance Manager. ? KPIs focused on: month-end reporting deadlines, business profitability, staff retention, liquidity and debtor / creditor management. ? Monitored, verified and authorised transactions in various accounting modules to ensure accurate and timeous production of monthly and annual financial accounts. ? Prepared financial information in accordance with legal requirements, group policies and generally accepted accounting practices and standards. ? Compiled year-end schedules in prescribed format for tax purposes, assisting external auditors with information as required and resolving queries raised by external and internal auditors. ? Captured and reconciled all sundry and standard journals in the general ledger accounts, in accordance with company standards and statutory requirements. ? Reviewed and controlled daily cash flow to ensure overdraft limits not exceeded. ? Ensured all capital expenditure reported in accordance with company policy. Key Projects & Achievements: ? Identified and addressed gaps in control systems, reducing business operations fraud risk by 40% within 6 months, increasing working capital / cashflow efficiency by 30% and profitability up to 8%. ? Improved the alignment of the budget with the company's strategic goals by 20%. ? Improved readability and usability of the reporting packs by 20%, increasing Head Office satisfaction. ? Ensured company fully complied with all ZRA audit requirements, reducing time taken to complete audits by 15% and improving quality by 20%.--

Education:

Zambia Institute of Chartered Accountants 01/2017 - 10/2021
Kitwe, Copperbelt, Zambia
Degree: Bachelor's Degree
Major:Financial Management
Minor:Strategy
Awarded_ CA (ZA)-Chartered Accountant Zambia


Chartered Institute Management Accountants 01/2020 - 09/2023
London, London, United Kingdom
Degree: Bachelor's Degree
Major:Financial Management
Minor:Strategy
Awarded- CGMA_ Charetered Global Management Accountant Awarded- Associate Chartered Management Accounta

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