Victor Nyirenda is a 35-year old Zambian national with over 15 years of experience in finance and accounting management roles. He currently serves as the Finance and Accounting Manager for Safintra Zambia Ltd, where he provides leadership for all financial management and strategic operations. Previously, he held roles such as Finance Manager for Petrotech Oil Corporation Ltd and Group Corporate Accountant for Mopani Copper Mines PLC. Nyirenda has a strong background in financial reporting, budgeting, controls and analysis. He aims to contribute value through his professional outlook, ability to set high standards, and interest in doing his job correctly the first time.
1. PERSONAL DETAILS
Names : Victor Mtambula
Surname : Nyirenda
Marital status : Married
Age : 35 years
Nationality : Zambian
NRC Number : 131879/54/1
Cell : 0966815615
Email : v_nyirenda@yahoo.com
: mtambula@safintra.com
PROFILE
Highly accomplished result driven senior accounting and financial management
executive with more than 15 years’ experience in finance and operations for both
small and multinational organisations
Demonstrated ability to streamline business operations that drive growth and
increase efficiency and bottom line profits
Strong qualifications in developing and implementing financial controls and
processes in addition to productivity improvements and change management
Possesses solid leadership, communication and interpersonal skills to establish
rapport with all levels of staff and management
Excellent knowledge of IAS and Zambian legislation
Aim able to contribute to your organization based on the following;
My delight in adding value to any role I play
My interest in knowing my job and doing it right and correct at first time.
Honest and can set high standards
My professional out look at work
WORK EXPERIENCE
JUNE 2012 –to date:
FINANCE & ACCOUNTING MANAGER, SAFINTRA ZAMBIA LTD
The Finance and Accounting Manager Provide overall leadership,
oversight and management support for all aspects of financial
management. I am a strategic partner, member of the Senior Leadership
Team, with a focus on ensuring accountability, stewardship,
coordinating, planning and budgeting processes, providing accurate
financial data, analysis and advice, as well as developing financial
strategies that best serves the strategic objectives. Responsible for the staff
capacity strengthening, the development and implementation of good
internal controls, risk management, and utilization and safe guarding of
assets. My responsibilities include but not limited to:
2. Being the lead reference point on all strategic financial matters which includes,
formulating financial strategic direction and supporting the projects and operational
departmental managers access and understand the implications of all financial
matters
Regulate, supervise and implement a timely, full and accurate set of accounting
books of the organisation reflecting all its activities in a manner commensurate with
the relevant legislations and regulations and subject to internal guidelines and
procedures
Develop and oversee the financial management policies and procedures which reflect
good corporate governance practice and are in line with the IAS, IFRS and GAAP.
To implement continuous financial audit and control systems to monitor the
performance of the organisation, its flow of funds, the adherence to the budget, the
expenditures, the income, the cost of sales and other budgetary items.
In-depth analysis and reporting of the organisation business and financial risk
exposures
To prepare and present for the approval of Directors an annual Opex budget, Capex
Budget, investment memoranda and all other financial and business documents as
may be required from time to time by the Board of Directors
Responds to inquiries from the Group CFO and the board regarding financial
results, special reporting requests and other management accounting matters.
Maintains a working relationship and develop additional relationships with banks,
and other financial institutions with the aim of securing the funds necessary for the
operations of the organisation, the attainment of its development plans and
investments.
Handling all taxation and statutory requirements accurately and on time
Liaising with external auditor and tax inspector
SEPT 2007 –MAY 2012:
FINANCE MANAGER, PETROTECH OIL CORPORATION LTD
The Finance Manager oversees the finance and treasury departments, in
charge of all financial management, reporting, strategic business
planning, monitoring and control of the organisation, including observing
compliance and provides support for monitoring, review and capacity
building. My responsibilities included but were not limited to:
Analyze and present financial reports in an accurate and timely manner; clearly
communicating monthly and annual financial statements
Prepared, developed and analysed key financial information to ensure that the board
and management makes well-informed decisions to ensure future stability, growth
and profitability of the organisation.
Supervises, directs, and reviews the work of the accounting staff (including, but not
limited to, cash reconciliations, Bank reconciliations, payment runs, accounts
receivable and payable transactions, fixed asset activity, payroll, debt activity,
recording of revenue and expenses, etc.).
Budgeting, budgetary variance analysis and cost control
3. Responsible for implementing, monitoring and enhancing adequate accounting
policies, procedures and internal controls
Providing a platform of treasury management by preparing cash flow forecasts and
periodic budgetary reviews and monitoring hence ensuring a smooth running of the
organisation’s affairs.
Handling all taxation and statutory requirements accurately and on time
Coordinate and lead the annual audit process, liaise with external auditors
Supervise the overall preparation and verifications of the payroll after HR
submissions to finance department.
APRIL 2004 –AUG 2007
GROUP CORPORATE ACCOUNTANT, MOPANI COPPER MINES PLC
The Corporate accountant’s duties falls under finance and commercial
department, in charge of corporate reporting and monitoring of the
organisations operating and developmental (Capital) activities. My
responsibilities included but were not limited to:
Prepare/consolidate the group management and financial reports on a weekly and
monthly basis; reporting to the Group accounting Manager and other Departmental
line Managers for decision making purposes.
Consolidating the monthly management and financial reports for the year for
external publication and management review.
Supervising and coordinating the budget preparation process, activity based on a five
year rolling plan
Analyse the monthly financial management reports and support budget holders to
understand variances and explain these together with planned corrective action to
departmental heads and other superiors
Ensuring compliance of the company’s policies, regulations and standards to ensure
the organisations strategic objectives are meet.
Continuous improve business performance through guiding the team to effectively
perform their duties and achieve the company’s strategic goals
Liaising with external Auditors and tax officers
Maintaining debtors account and following up unpaid balances for both local and
foreign customers
Supervising the Preparation of VAT and NAPSA returns.
SEPT 2002 to MARCH 2004 Worked as a MANAGEMENT ACCOUNTANT with
MOPANI COPPER MINES PLC. My Responsibility included:
To maintain and control both operating and capital expenditure.
Preparing activity based budgets for a five year plan for both operating and Capital
items.
To provide management with financial control data in order to ensure that the
company is operating within budget.
Implement effective and efficient methods of cost control analysis and reporting, to
provide officials with a decision making basis.
4. Explaining actual/budget costs and helping responsibility holders in controlling their
costs.
Investigating abnormal costs.
Doing a financial analysis highlighting performance and prepare a variance analysis
report.
JULY 2000 to AUGUST 2002, worked as a Financial Accountant of two companies
Chaminuka Nature Reserve and Kaposhi Dairy Products. I was handling all financial
reporting activities of the two companies.
PROFFESSIONAL QUALIFICATION
December : 2002: ACCA Professional Part 3, Final
Zambia Centre for Accountancy Studies
December : 2001: ACCA Professional Part 2, Final
Zambia Centre for Accountancy Studies
1999- June 2001 : ACCA Technician Levels A, B & C
Zambia Centre for Accountancy Studies
EDUCATION: 1998: Obtained School certificate at Katete secondary school.
COMPUTER KNOWLEDGE
Micro Soft Word, Excel, Power Point, Access, Pastel Accounting, ERP accounting, XERUS
budgeting module and Ellipse Management Systems.
REFERENCES
Valentine Pikiti Ackim Chirwa Dyson Mweene
HR Manager Production Manager Deputy Executive Director.
Safintra Zambia limited Safintra Zambia Limited Petrotech Oil.
P. O Box 32414 P. O Box 32414 P.O.Box 50295
Lusaka, Zambia. Lusaka, Zambia Lusaka, Zambia
Mobile 0968288175 Mobile 0975269166 Mobile 0965872663