Summary
Overview
Work History
Education
Skills
Affiliations
Languages
Special Achievements
Personal Information
References
Timeline
Generic

Chama Kabwe

Lusaka

Summary

Skilled Finance Manager bringing over 10 years of experience working with Muiltinational organizations. Proven leadership and success in leading teams in achieving financial goals. Accomplished in working with executive leaders to develop business, financial and growth strategies.

Overview

10
10
years of professional experience

Work History

Business Controller

Liebherr Zambia
05.2018 - Current


  • Advising on investment activities and recommending strategies for the company
  • Maintain the financial health of the organization by monitoring cash flow, accounts, and other financial transactions
  • Analyze costs, pricing, variable contributions, sales results, and the company's actual performance in comparison to business plans
  • Mentored and developed finance team members, fostering a high-performance culture.
  • Conduct reviews and evaluations for cost-reduction opportunities
  • Oversee the operations of the finance department, establish goals and objectives, and create a framework to achieve them
  • Liaise with auditors to ensure proper financial monitoring of the company
  • Correspond with other departments, discussing company plans and deciding on future paths to take
  • Ensure that all of our financial practices are in line with statutory regulations and legislation
  • Responsible for organizing, planning and controlling all Finance functions which includes disbursement of funds for material and service invoices, other accounts payable, payroll and payroll payments, general accounts, property and equipment
  • Maximized year-end tax benefits by efficiently managing cash flows.
  • Enhanced quality and currency of financial information by overseeing revenue collection systems.
  • Worked with executives to create annual budget and track actual expenses against projected expenses.
  • Oversaw accounts payable and receivable operations.
  • Reviewed processes and procedures to guide program implementation and optimize auditing.
  • Verified accurate completion of corporate income tax returns and optimal use of favorable tax codes.
  • Supported program managers in providing procedural training on finance and accounting.
  • Managed outstanding balance amounts by evaluating reports and determining collection statuses.
  • Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
  • Directed corporate decision-making and planning by monitoring and setting policies and procedures to optimize fiscal performance.
  • Prepared corporate fiscal and business plans to help strategically direct business operations and strengthen controls.
  • Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
  • Increased flow of financial information throughout company by improving communication strategies.
  • Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.
  • Formulated strategic plans and supported tactical initiatives to execute cost-savings deliverables.
  • Review financial system integration and troubleshooting of possible errors
  • Enhanced financial performance by streamlining budgeting and forecasting processes.
  • Reduced operational costs through detailed analysis and identification of inefficiencies.
  • Strengthened business decision-making with accurate and timely financial reports.
  • Supported strategic initiatives by providing insightful data-driven recommendations.
  • Optimized resource allocation through effective capital planning and prioritization.
  • Improved cash flow management, ensuring healthy liquidity levels for the organization.
  • Collaborated with cross-functional teams to drive process improvements and cost reductions.
  • Enhanced profitability through comprehensive revenue analysis and pricing optimization strategies.
  • Ensured accurate financial reporting by implementing strong internal controls and audit procedures.
  • Partnered with leadership to develop long-term strategic plans aligned with corporate objectives.
  • Managed working capital efficiently, balancing investment needs with risk mitigation strategies.
  • Evaluated potential investments through rigorous financial modeling, projecting future returns accurately.
  • Revamped financial systems, automating manual processes for increased efficiency in daily operations.
  • Safeguarded company assets through diligent tracking of expenses, revenues, and asset utilization trends.
  • Streamlined reporting processes, providing up-to-date information for informed decision making across all departments.
  • Established clear communication channels between finance department staff to encourage knowledge sharing.
  • Contributed to the development of new product lines by analyzing market trends for growth opportunities.
  • Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
  • Managed payroll data entry and processing for 150 employees to comply with predetermined company guidelines.

Management Accountant/Treasurer Supervisor

Konkola Copper Mines
02.2015 - 04.2018
  • Preparation of treasury MIS also ensure budgeting and control process of the treasury function
  • Lead Treasury Team
  • Upgrade technological platform for KCM treasury with banks so as to remain updated and current
  • Ensure and Manage relationships with the principle Bankers
  • Develop and engage with new Bankers for facilities and relationship
  • Forex Hedging and Commodity Hedge Analysis
  • Preparation of daily cash flow reports, cash flow forecasting and treasury management
  • Ensure payment are done timely
  • Supervision of Bank Reconciliations are done properly
  • Compliance with the terms of existing facilities and ensuring covenant compliance
  • Ensuring taxes on Bank facilities is Accounted Properly and other transactions are accounted following acceptable Standards
  • Supervise Treasury team adhere to SOP and creation of SOP
  • Negotiate for New Loans and addition both short and long-term facilities
  • Managing of Bank Grantees and Letters of Credits
  • Plan and design policies and procedures for Treasury Management and recommend to senior management
  • Ensure and liaise, negotiate with various banks both the short term and the long-term facilities at very competitive rates
  • Maintain the overall integrity of the accounting records, supporting analysis and documentation of procedures.
  • Ensured compliance with GAAP, tax regulations, and industry best practices through continuous monitoring and updating of accounting policies.
  • Contributed to the successful implementation of a new ERP system, resulting in increased efficiency across all departments.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Researched technical tax issues to define tax effect or impact of certain tax positions.
  • Identified legal tax savings and recommended ways to improve profits.
  • Streamlined banking relationships, improving efficiency and reducing service fees.
  • Optimized foreign exchange risk management practices to mitigate currency volatility impact on financial results.

Project Accountant

DAPP- Total Control of Epidemics, Funded by CDC
02.2014 - 02.2015
  • Obtains various documents pertaining to fixed assets register, checks some for correct details and assigns work to subordinates according to skill levels and experience
  • Facilitate the VAT claiming process for grantees and ensure that timely reimbursements are received
  • Supervise and provide leadership to subordinates to achieve the departmental and institutional Objectives
  • Train and mentor grantees on policies and procedures and USAID regulations
  • Formulation and systems of internal control to all grantees to ensure compliance in terms of USAID and other donor rules and regulations
  • Determining what information is needed by management and explaining numbers
  • Explaining the financial consequences of business decisions applying accounting techniques to plan
  • Perform assessments of grantee organizations as directed by the Grants Manager
  • Review grantee budgets and provide assistance and guidance where necessary including the monitoring and interpretation of project budgets versus actual expenditures
  • Provide technical assistance in terms of accounting, financial management, financial policy.

Education

MSc, Tertiary Education - Economics and Finance

University of Lusaka

CIMA - Chartered Management Accountant

Chartered Institute of Management Accountants (CIMA)

ZICA -

Zambia Institute of chartered accountants

Matric (Grade 12), Secondary Education - Geometrical & Mechanical Drawings, Mathematics, English, Physics, Chemistry, Religious Education, Biology, Accounting

Saint Clements Secondary School
01.2010

Skills

  • Microsoft Excel
  • ERP Systems(SAP,Patel,Oracle, STATA
  • Internal Controls Development
  • Risk Assessment
  • Strategic Planning
  • Problem Solving
  • Data Visualization
  • Capital Budgeting
  • Team Leadership
  • Cross-functional Collaboration
  • Profitability Analysis
  • Business Intelligence Tools
  • Variance Analysis
  • Internal Controls
  • Financial Reporting
  • Financial Analysis
  • Preparing Financial Statements
  • Staff Management
  • Management Accounting
  • Working Capital Management
  • Key Performance Indicators
  • Budgeting and Forecasting
  • Change Management
  • Stakeholder Management
  • Pricing and Costing
  • Internal Control Management
  • Accounting Management
  • General Ledger Accounting
  • Trend Analysis
  • Account Reconciliation
  • Payroll Processing
  • Financial Statements Expertise
  • Negotiation
  • Team Oversight
  • Procurement Management
  • Reporting Oversight
  • Risk Management
  • Financial Planning
  • Financial Management
  • Financial Forecasting
  • Policy Planning
  • Continuous Improvement

Affiliations

  • Chartered Institute of Management Accountants (CIMA)
  • Zambia Institute of Chartered Accountants (ZICA)

Languages

English
Bemba
Nyanja

Special Achievements

  • Highest overall performance diploma (CIMA) at ZCAS
  • Highest in Zambia in performance operations (P1) (CIMA)
  • Top 5 best performers at Saint Clements Secondary School
  • Twice as Liebherr's Most Innovative and Creative Employee of the Year
  • Employee of the year (2016) with KCM on Labor Day
  • Labor Day award as Liebherr Zambia employee of the year (2020)

Personal Information

  • Available: 30 Days
  • ID Number: 297855/31/1
  • Gender: Male
  • Nationality: Zambian

References

  • Mr. Mutale Samuel, Monitoring, Evaluation Officer, and Knowledge Management Specialist, World Bank - Agriculture Productivity program for southern Africa, Private Bag 7, s.mutale22@gmail.com, +260 966423266
  • Mr. Lesa Ezron, Chief Financial Officer, Chilanga Cement, 09726119755
  • Mr. Emmanuel Matafwali, Financial Controller, Liebherr Zambia Ltd, 175 Kudu rd. Kabulonga, Lusaka, Emmanual.Matafwali@liebherr.com, 0977870815

Timeline

Business Controller

Liebherr Zambia
05.2018 - Current

Management Accountant/Treasurer Supervisor

Konkola Copper Mines
02.2015 - 04.2018

Project Accountant

DAPP- Total Control of Epidemics, Funded by CDC
02.2014 - 02.2015

MSc, Tertiary Education - Economics and Finance

University of Lusaka

CIMA - Chartered Management Accountant

Chartered Institute of Management Accountants (CIMA)

ZICA -

Zambia Institute of chartered accountants

Matric (Grade 12), Secondary Education - Geometrical & Mechanical Drawings, Mathematics, English, Physics, Chemistry, Religious Education, Biology, Accounting

Saint Clements Secondary School

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Chama Kabwe