Ngosa Mumba

Experience

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  SPAR International

  May 2015 - Apr 2017

  Assistant Accountant~Finance

  See below highlights of Responsibilities under this role:•Assisting in the preparation of financial statements.•Preparation and uploading of Statutory Requirements such as Vat, Paye and Withholding tax.•Updating of the Cash Book and performing Bank Reconciliations.•Management of Petty cash(Cash administration).•Analyzing the balance sheet and ensuring that control accounts are cleared and are balancing with the audit schedules before Reporting.•Maintenance of Fixed Asset Register.•Withdrawing and depositing cash and cheque receipts (Bank Agent) and following up with the bank on all bank queries.•Posting of Invoices and Journals on Sage Pastel Evolution Version 6.•Preparing Audit Schedules for audit purposes and management reviews.Achievements under this role:✓Assisted in the preparation of financial statements .✓Ensured statutory payments and returns were done according to the prescribed deadlines (Hence,avoiding payment of interest and penalties).✓Assisted in preparation of Audit schedules for Auditors which increased my knowledge on how to handle audits. Show less

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  AVI Limited

  Apr 2017 - Apr 2019

  Accounts Payable Accountant

  Management of the entire account payable cycle.See below Highlights of my Responsibilities :•Review vendor reconciliations on a monthly basis before supplier payment processing.•Resolution of supplier queries timeously, efficiently and amicably first time.•Maintaining an accurate and reliable data base of Creditors and ensuring prompt payment to local and foreign suppliers.•Ensure that on receipt from vendors, the invoices are tax compliant, issued to ZBL, reflect Po Numbers and matches with Grn(Three way matching achieved).•Manage supplier account by following up on invoices and credit notes or any other information that may be required to resolve queries.•Review reconciliations of vendors, local and foreign creditors accounts monthly before payment processing.•Prepare cheque requisitions for approval by financial manager adhering to credit control policies.•submitting schedules of bank instruction for the day to the bank.•Processing of EFT payments for both local and foreign suppliers.•Updating and opening of supplier accounts.•Preparation of monthly packs for management.•Computation and filling in of statutories such as Paye, Napsa,Withholding tax ,Vat ,Nhima and workmen Compensation.•Petty cash management.•Processing of Journals and invoices on SAP.•Spearheading stock takes and updating the closing stocks on SAP.•Ensuring payables are managed within their credit terms(Clean ageing maintained).•Negotiate with vendors and service providers to secure discounts.•Review vendor and service provider agreements.•compiling expense reports.•Monitor company expenditures .Achievements under this role:✓Negotiated with banks in relation to Foreign exchange transactions for the best rates which reduced the companies exposure to foreign exchange loses.✓ Reconciled the Vat control account and through correspondence with Zambia revenue authority normalized the account to current . Show less

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  Ministry of Local Government (MoLG)

  Aug 2019 - Mar 2020

  District Accountant~Revenue and Expenditure

  Responsible for managing Revenue and expenditure for the whole district under my charge ranging from capital projects funds, operational funds to constituency development funds. See below highlights of my responsibilities under this role:•Preparation of income and expenditure reports on a monthly basis.•Overseeing the utilization of CDF(Constituency development fund ) and Capital project funds. •Preparation of OBB Budgets for the local authority under my charge.•Review of expenses vs budget report.•Reviewing payroll data and overseeing payment processes.•Ensuring financial regulations are adhered to in relation to payments and receipts.•Working with other government departments sitting under finance commitee to assist in the planning , implementation and monitoring of projects funded by UNICEF,Tralard , world vision and African development bank in the district.Achievements under this role:✓Managed a team of 4 assistants to ensure all deadlines were met on time. Helped cut local authority costs-This was achieved through budgetary control and ensuring goods and services were procured from the right suppliers, at the right prices and delivered in good time. ✓Assisted in the formulation and implementation of sound financial control systems that helped to reduce local authority risks in relation to wastage of scarce resources and misappropriation of funds.✓Managed the constituency development fund(CDF) of over 1.6Milion for the entire district that set the development agenda. Played a major role from inception of the projects, monitoring progress up to the completion of the projects. Show less

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  AVI Limited

  Apr 2020 - Dec 2022

  Accounts Receivable Accountant

  Responsible for managing debt portfolio of over 300+ customers of the business ranging from retail(Shoprite chain Stores, Pick n pay, choppies, Massmart, Game stores) ,wholesale and the bottom end. Managing all aspects of account receivable, credit control, forecasting cash inflow ,collection of all aged AR, liaison with banks, support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts.See below highlights of the daily and monthly responsibilities:•Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates.•Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts.•Assist in streamlining and improving the accounts receivable process identifying areas of performance improvement.•Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared.•Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger.•Prepare analytical and ratio analysis in relation to A/R for management to gain a better understanding of how collection efforts are progressing.Achievements :✓Clean age analysis maintained with debtors ageing of below 7% of total debtors. ✓Reduced risk of bad debts to almost zero. ✓Building lasting relationships with all customers and resolving their queries within 24 hrs. Show less

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  Moxico Resources plc

  Jan 2023 - now

  • Senior Accountant

    Feb 2024 - now

  • Cost Accountant

    Aug 2023 - Feb 2024

  • Payables and GL Processing

    Jan 2023 - Jul 2023