Summary
Overview
Work History
Education
Skills
Affiliations
Timeline
Generic
ARAFAT MURSAL

ARAFAT MURSAL

Dar-es-Salaam

Summary

I am a resourceful and self-motivated professional with over 14 years of experience in accounts, auditing, tax, and finance gained through roles in manufacturing, trading, and service industries, with extensive knowledge across various organizational areas.

Overview

15
15
years of professional experience

Work History

Chief Internal Auditor

Azania Group Of Companies-FMCG Manufacturing Group
2020.05 - Current
  • Lead a team of 5 and investigate discrepancies discovered during the auditing process resulting in over 1 billion in annual savings
  • Led the whole Group transition from using Tally accounting software and Excel to SAP integrated ERP, enhancing efficiency and productivity by centralizing accounting, operations, HR, marketing, and fleet management, resulting in reduced costs, real-time data access, and optimized supply chain management
  • Revolutionized the management of a fleet of over 500 trucks by implementing the DCC fleet management system, integrated with SAP ERP
  • This integration significantly improved the efficiency and control of distribution management
  • Led my team and effectively minimized fraud by transforming inventory management through the implementation of a customized solution integrated with SAP system combined with rigorous physical controls
  • This approach enabled comprehensive oversight of material management, from the port to the factory and the flow of materials throughout the production process, ensuring efficient movement from raw materials to finished goods, and overseeing distribution to depots and final customers
  • Conducts thorough investigations into fraud allegations, leading to swift resolution of incidents while minimizing financial losses
  • Produces quarterly audit reports and recommend new methods, improving 60% of internal controls and operating efficiency
  • Structures annual audit plans taking into account the organization's strategic objectives, risk factors, regulatory requirements, as well as input from various stakeholders including management teams at all levels within the company hierarchy
  • Assist external auditors in their work as needed; collaborating closely with them helping maintain cooperative relationships between both parties involved in the auditing process
  • Mentoring junior members of the audit team; fostering a collaborative work environment encouraging knowledge sharing and continuous learning among colleagues.

Auditor

Jamaa Consultants (Tax, Auditing And Accounting)
2019.02 - 2020.04
  • Managed a team of 6 in preparing and submitting tax returns, advising on tax planning, and representing clients in disputes with the tax authorities (TRA)

Head of Finance (CFO)

Silent Ocean LTD (Giant Cargo Shipping Company)
2016.02 - 2019.01
  • Led a team of 8 to oversee financial affairs of the company in all branches of China, Dar-es-salaam, Dubai, Zambia, Congo, and Kigali.

Tax Consultant

Xpro Consultants (Tax, Auditing, Accounting)
2014.02 - 2016.01
  • Engaged in more than 100 Plus audits and tax consultation assignments in different sectors like trading, manufacturing, and service

Senior Accountant

Feza Schools Tanzania (HQ)
2012.02 - 2014.01
  • Assisted finance manager of the group in managing the accounting, financial and tax affairs of the organization

Accountant

Bakhressa Group Of Companies (HQ)
2009.08 - 2012.01
  • Assisted Group financial controller in Monitoring books of accounts of different companies at the head office

Education

Bachelor of Accounting And Finance (BAF) -

Mzumbe University
Morogoro, Tanzania
07.2010

Skills

  • Team player
  • Good communication skills and fluency in English and Swahili.
  • Strong management character, auditing and financial Accounting skills.
  • Well versed with accounting systems (SAP, Tally, QuickBooks)
  • Self-starter and self-motivated individual
  • Extensive entrepreneurial skills
  • Comprehensive Experience in Tax and other statutory compliances

Affiliations

Pursuing a certification at Association of chartered certified accountants (ACCA)

Timeline

Chief Internal Auditor

Azania Group Of Companies-FMCG Manufacturing Group
2020.05 - Current

Auditor

Jamaa Consultants (Tax, Auditing And Accounting)
2019.02 - 2020.04

Head of Finance (CFO)

Silent Ocean LTD (Giant Cargo Shipping Company)
2016.02 - 2019.01

Tax Consultant

Xpro Consultants (Tax, Auditing, Accounting)
2014.02 - 2016.01

Senior Accountant

Feza Schools Tanzania (HQ)
2012.02 - 2014.01

Accountant

Bakhressa Group Of Companies (HQ)
2009.08 - 2012.01

Bachelor of Accounting And Finance (BAF) -

Mzumbe University
ARAFAT MURSAL