NYAMBE MWIYA
MONGU
Summary
Dynamic finance professional with a proven track record at Tiger Ltd, excelling in financial management and project coordination. Recognized for enhancing budgeting processes and mentoring teams, driving productivity and compliance. Skilled in risk assessment, I implement strategic cost-saving initiatives that optimize resources and foster a collaborative work environment.
Overview
34
34
years of professional experience
Work History
BUSINESS MANAGER
BETHEL UNIVERSITY
MONGU
08.2013 - Current
- Assisted in developing business strategies to improve operational efficiency.
- Supported financial reporting and analysis to inform decision-making processes.
- Collaborated with cross-functional teams to enhance project coordination and execution.
- Conducted market research to identify growth opportunities and competitive trends.
- Implemented administrative procedures for streamlined workflow and communication.
- Created presentations and reports for stakeholder updates on project status and outcomes.
- Increased overall team productivity by fostering a positive work environment and providing effective leadership.
- Negotiated contracts with suppliers and vendors, securing favorable terms for the company while maintaining strong relationships.
- Oversaw financial operations, maintaining accurate records and ensuring compliance with industry regulations.
FINANCE MANAGER
TIGER LTD
NDOLA
05.1999 - 04.2012
- Mentored junior finance staff, fostering skill development and enhancing team productivity.
- Streamlined budgeting processes, improving efficiency in resource allocation and reporting accuracy.
- Developed financial models to support strategic decision-making and forecasting processes.
- Ensured compliance with regulatory requirements through rigorous internal auditing practices.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Led negotiations for major contracts, achieving favorable terms and significant cost savings.
- Implemented cost-control measures that substantially decreased unnecessary expenditures.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
COST ACCOUNTANT
ZCCM LTD
KITWE
05.1991 - 05.1999
- Developed and maintained accurate cost accounting systems to support financial reporting.
- Analyzed production costs to identify areas for efficiency improvements and cost reduction.
- Prepared detailed cost reports and forecasts for management decision-making processes.
- Collaborated with cross-functional teams to enhance budgeting and forecasting accuracy.
- Trained junior accountants on cost analysis methodologies and best practices in financial reporting.
- Reviewed and validated inventory valuations to ensure alignment with company policies and industry standards.
- Conducted in-depth variance analysis to identify root causes of discrepancies between actual results versus projections, informing corrective actions as necessary.
- Strengthened internal controls by reviewing existing processes and recommending enhancements to safeguard company assets.
- Monitored fixed asset accounting process, maintaining accurate asset registers and calculating depreciation schedules per GAAP guidelines.
- Monitored cost standard performance to confirm that costs met budget cost parameters.
- Ensured accurate allocation of labor costs by developing a robust job costing system and monitoring timekeeping records.
- Reduced overhead expenses through rigorous analysis of departmental spending patterns and recommending cost-saving initiatives.
- Prepared insightful monthly management reports highlighting key trends in cost behavior and offering actionable recommendations for improvement opportunities.
- Supported annual budget preparation by providing detailed historical data analysis and projecting future trends in costs and revenues.
- Managed month-end closing activities efficiently, ensuring accurate and timely financial reporting.
- Optimized inventory management by conducting regular audits and implementing lean inventory practices.
- Provided journal entries and performed accounting on accrual basis.
- Trained new employees on accounting principles and company procedures.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Compiled general ledger entries on short schedule with 100% accuracy.
Education
BBA - ACCOUNTING
EDEN UNIVERSITY
LUSAKA10-2017
DIPLOMA IN ACCOUNTING
COPPERBELT UNIVERSITY
KITWE08-1991
Skills
- Financial management
- Customer service
- Project management
- Employee management
- Employee motivation
- Risk assessment and management
- Data confidentiality
- Staff management
- Budget administration
Timeline
BUSINESS MANAGER
BETHEL UNIVERSITY
08.2013 - Current
FINANCE MANAGER
TIGER LTD
05.1999 - 04.2012
COST ACCOUNTANT
ZCCM LTD
05.1991 - 05.1999
BBA - ACCOUNTING
EDEN UNIVERSITY
DIPLOMA IN ACCOUNTING
COPPERBELT UNIVERSITY