Danick Mufunte, CFE

Experience

• 

  Mulungushi Textiles - ZCMT Joint Venture Ltd

  Feb 2001 - May 2005

  My responsibilities included:-1.General management of the sales outlet by ensuring that products are well displayed in the shop in terms of type and prices for walk-in customers,3. Assessing and monitoring of daily sales and stocks and ensuring that stock orders for a range of products are appropriately placed with the main warehouse,4. Preparing daily, weekly Sales Reports which should reconcile with the total Cash and Cheque registered and deposited in the bank,5. Initiating, monthly stock audits, reconciling the overall stock position and generating the Monthly Sales and Stock Report,6. Liaising with internal and external auditors on periodic and routine audits,7. Supervising sales staff,8. Attending to general customer concerns, Show less As Assistant Manager (Stores and Warehouse Accounting )my responsibilities included;-1. Firstly, computerizing the Stores Management System (Initially there was only the manual system which posed challenges in generating stock reports on demand) - I modeled the system and managed to input all the warehouse products in the system and defined parameters within a period of two weeks.2. Raising Goods Received Vouchers (GRV's) upon verification of goods received into the Warehouse/Stores,3. Raising Goods Issued Notes(GIV's) for goods issued out to the Sales Outlets as per orders(requisitions) placed by the Outlet Managers,4 Accounting for the bulk sales directly made from the main Warehouse/Stores by raising receipts and banking the sales collections,6. Updating of the manual Bin Cards in the Warehouse,7. In-putting all the details of the GIV's and GRV's and generate the daily weekly and monthly stock and sales Reports for submission to Head Office,8. Liaising with Internal and External auditors on periodic routine and spot audit checks,9. Taking part in periodic stock audits of Retail Outlets.Prior to promotion as Assistant Manager - Stores, I worked as Cashier with the the following responsibilities:-1. Raising of quotations, invoices and cash sales receipts,2. Preparing the daily sales reports/reconciliations and ensuring the daily sales collections are deposited in the bank,3. Ensuring that any price adjustments are appropriately implemented,4. Taking part in daily,weekly and monthly stock counts,5. Availing all relevant records for routine audits and spot checks.6. Customer service. Show less

  • Branch Manager

    Dec 2004 - May 2005

  • Assistant Manager - Stores and Warehouse Accounting

    Feb 2001 - Nov 2004
• 

  Office of The Auditor General Zambia

  Jan 2006 - now

  The Office of the Auditor General is the nation’s Supreme Audit Institution (SAI). The office exists to provide the oversight function of audit and assurance over funds appropriated by the Constitutional Parliament of the Republic in order to ensure accountability, transparency and value for money in the utilisation of public resources. My job involves performance and supervision of full scope audits that provide input of credible audit findings into the Report of the Auditor General and other special reports submitted to the Republican President and the National Assembly in accordance with applicable provisions of the law. The audits are performed in accordance with the International Standards issued by the International Organisation of Supreme Audit Institutions (INTOSAI) and International Federation of Accountants (IFAC) respectively.During my over 10 years of service in Auditor Generals' Office, having started as Auditor then later promoted to Senior Auditor, I have undertaken key audit work which includes but not limited to the following:-1.General Financial Audit of public funds appropriated to government Ministries and Departments at provincial and district level. This involves examination of recurrent and capital expenditure in order for the Auditor General to express an audit opinion on Accounts of the Republic.2.Systems Audit and review of business processes such as the Public Procurement System at provincial and district level, 3.Audit of Government Payroll which involves extraction and analysis of payroll data to verify expenditure in respect of salaries to public service workers.4.Value for Money & Compliance Audit of public & donor funded projects, schemes and in the education, agriculture, health and sectors.5. Audit of the Constituency Development Fund, Grants to Local Authorities for service provision, salaries and capital projects & review of Operations. Show less Served two-3 year terms as Integrity and Ethics Focal Point Person, a representative of the Auditor General's Integrity Committee (IC) at the provincial audit office. The Integrity Committee is an internal institutional committee with the objective of spearheading and facilitating the process of prevention of corruption within the structures of the institution.My roles as Integrity & Ethics Officer include the following:-1. Carrying out an assessment of the Institution's corruption risk factors and coming up with mitigating measures,2. Producing and implementing the Institutional Annual Corruption Prevention Action Plan(ACPAP) which contains measurable steps to mitigate risk factors and enhance integrity development,3. Preparing Quarterly reports highlighting progress made in executing the ACPAP,4. Facilitate the development , review and internalisation of corporate governance practices and guidelines such as Code of Ethics, Service Charters, Complaint handling feedback mechanism,5. Making follow ups and coming up with remedial actions to the auditor's queries raised with a view to eliminating chances of re-occurrences.6. Recommending to management, administrative action to be taken on substantiated complaints. Show less Along side my core work of auditing, I served as a relief Accounting Officer on local administrative arrangement . This was during the period when a substantive Accountant had not been appointed to man the Accounting Unit at the Provincial Audit Office. My responsibilities included;-1. Processing of expenditure in respect of staff allowances, goods, services and other personal emoluments. This involved writing up of payment vouchers, ensuring that they are appropriately approved, checked, coded and supported with relevant documentation, writing up of bank cheques and generating bank instructions for approved payments and cashiering.2. Writing up of all transactions in the Cash Book and Expenditure Ledgers and properly filing of relevant documents for subsequent internal and external audit.3. Monthly bank reconciliation of the Recurrent and Revolving Fund Accounts.4. Posting and capturing on a quarterly basis all transactions into the Financial Management System (FMS) for generation of management reports and the final Financial Statements (Statement ‘C’).Achievements:As a result of my work in this role: 1. The provincial audit office was able to meet financial reporting deadlines and ensured timely preparation of Management and Final Financial Statements. 2. Staff and suppliers were paid on time. This resulted in enhanced efficiency in general office operations and effective execution of core audit activities on the annual audit work plan. Show less

  • Senior Auditor - Forensic Audit & Investigations

    Jul 2020 - now

  • Senior Auditor - Compliance & Financial Audits

    Feb 2012 - Jun 2020

  • Integrity & Ethics Officer

    Oct 2013 - Nov 2019

  • Auditor - Compliance & Financial Audits

    May 2005 - Feb 2012

  • Accounting Officer

    Jan 2006 - Jan 2008