BASILISA PAMFILI | MBA, ACPA(T), ADA, CISI
DAR ES SALAAM
Summary
Seasoned Head of Finance promoting more than 10years experience with a proven track record of success in financial analysis, budgeting, and forecasting. Successfully optimizes resources to meet and exceed financial goals with excellent reporting and record keeping. I have a strong aptitude for data-driven decision making and a passion for streamlining processes to maximize efficiency. My expertise in financial management has enabled me to successfully identify and capitalize on cost-saving opportunities and generate significant revenue growth
Overview
15
15
years of professional experience
Work History
Head of Finance
Tanzania Securities Limited
07.2021 - Current
- Maintained excellent working knowledge of financial accounting and reporting requirements, ensuring compliant, accurate company records.
- Worked closely with financial auditors, banks, brokers and advisors to maintain smooth-running company finances.
- Collaborated with Directors to set annual organizational budgets, revisiting quarterly to highlight successes and weaknesses.
- Collated key financial outputs, delivering management accounts and presenting regular forecasts.
- Demonstrated outstanding treasury and budget management skills, improving annual company finances.
- Closely analyzed profit, expenses and KPI progress to influence reforecasting and future budgeting decisions.
- Manipulated and interpreted data using Excel and power point, aiding financial analysis processes and decision making.
- Coordinated smooth operation of monthly payroll, facilitating timely employee payments.
- Tracked and logged expenses, ensuring spending remained within approved budgets.
- Oversaw all financial business affairs, verifying they are conducted legally and professionally with full regulatory compliance.
- Collated, prepared and interpreted reports, budgets, accounts and financial statements to assist senior management decision-making.
- Trained and mentored junior finance team members in accounting processes to enhance overall team performance.
- Identified opportunities for cost-reduction and conducted reviews and evaluations to assess impact and feasibility.
- Executed year-end audits, working with external auditors to confirm clean financial audits and implementing any improvement suggestions promptly.
- Kept up-to-date with changes in financial regulations and legislation that may impact company or future financial decision-making.
- Oversaw investments, operating cash and all treasury functions.
- Updated company financial policies and procedures to enhance internal control over accounting and other management systems eg financial manual preparation
Head of Finance and Administration
Tanzania Securities Limited
01.2016 - 03.2018
- Managed day-to-day operations within 3-person finance department for Tanzania Securities Limited.
- Established and enforced controls on revenue and expenses to protect company assets.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
- Collaborated with CEO in the preparation of yearly budgets and analyzing budgets with actual
- Supervised and maintained acceptable standard of discipline, quality service, timely work delivery and targets
- Prepared quarterly and annual financial reports, while ensuring accurate financial reporting throughout the organization
- Completed yearly closing procedures in accounting software, analyses revenues and expenditures to see whether they are correctly reported
- Performed monthly bank reconciliation and following up on uncredited receipts (if any) and unpresented payments
- Prepared and managed all aspects of payroll by ensuring that monthly salaries and payroll taxes are completed and paid timely
- Ensured all taxation and legislative requirements are complied with at all times
- Ensured all company assets are monitored and accurately accounted for and collect relevant information useful for insurance of the assets
- Oversaw the smooth and efficient running of the Finance and Accounts department
- Liaised with external auditors during audit period and ensuring all audit enquiries are presented to auditors timely
- Reconciling trade creditors and client’s deposits vs. bank accounts and dealing with any outstanding items thereon daily
- Ensured settlements with other securities brokers are executed timely by forecasting our daily obligations/settlements and receivables
- Authorized signatory for the company’s bank accounts & transactions and confirming any banking transaction with our bankers
- Collaborate with support service provide to monitored and ensure that the accounting system produce accurate figures and following up on and correct any errors that may arise
- Ensured all items are posted in the system and the posted entries went correctly to their respective G/L accounts
- Backing up database daily and store those in external drive then burned to CD for permanent storage (A Disaster recovery plan)
Accountant
Tanzania Securities Limited
05.2010 - 12.2015
- Documented cash, credit, fixed assets and accrued expenses
- Gathered financial information, prepared documents and closed books.
- Prepared and posted invoices, cash, cheque and EFT/TISS receipts, invoices and journal vouchers in the system
- Analyzed, examined, and interpreted records, compiled financial information, and reconciled reports and financial data
- Processed journal entries and perform corrections to ensure accurate records
- Prepared and managed all aspects of payroll, created paychecks, compiled employee working records, and updated payroll information
- Facilitated internal and external audit to ensure company books are in compliance with regulatory requirements
- Assisted in the development of quarterly and annual statements delivered to the board of directors for decision making
- Managed and monitored performance of office petty cash system
- Assisted in creating and maintaining company internal policies and procedures
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Handled day-to-day accounting processes to drive financial accuracy.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Researched technical tax issues to define tax effect or impact of certain tax positions.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Prepared working papers, reports and supporting documentation for audit findings.
- Collected and reported monthly expense variances and explanations.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
- Provided journal entries and performed accounting on accrual basis.
Sales and Distribution
Tanzania Breweries Limited
07.2008 - 10.2008
- Bank statement reconciliation
- Preparation of journals
- Posting invoices and receipts
- Issuing invoices/delivery notes to customers
Education
Securities Industry Certification Course (SICCs) - Securities Industry Certification Course (SICCs)
Chartered Institute of Securities And Investment
Capital Markets And Securities Authority (CMSA), T02.2018
MBA - Masters of Business Administration
Mzumbe University
Dar Es Salaam Campus College (MU-DCC)12.2014
CPA(T) - Certified Public Accountant (CPA-T)
National Board of Accountants And Auditors (NBAA)
Tanzania11.2010
Advanced Diploma in Accountancy - Accounting And Finance
Institute of Finance Management (IFM)
10.2009
ACSEE - ACSEE
Kigonsera Secondary School
Ruvuma, Tanzania02.2006
CSEE - CSEE
Makalema Secondary School
Kilimanjaro, Tanzania11.2003
Skills
- Financial analysis and reporting
- Budgeting and forecasting
- Cash flow management
- Cost reduction and savings
- Internal controls and audit management
- Financial reporting and compliance
- Strategic financial planning
- Risk management and mitigation
- Tax compliance and planning
- Financial policy development and implementation
- Vendor and accounts payable management
- Financial decision-making support
- Financial software proficiency (eg, Excel, QuickBooks, Microsoft Navision)
- Communication and presentation skills
- Leadership and team management
Additional Information
- Ernest S. Massawe
Chairman, Board of Directors
Tanzania Securities Limited
P.O. BOX 9821, Dar es Salaam
Email: ernest@erncon.com
Mobile:+255 767 460000
- Moremi Marwa
Chief Executive Officer
Dar es Salaam Stock Exchange
P.O. BOX 70081, Dar es Salaam
Email: moremi@dse.co.tz
Mobile: +255 782 007785
- Alais Rundya Mwasha
Partner
Hassock Associates
P.O. BOX 13260, Dar es Salaam
Email: amwasha@hassock.co.tz
Mobile: +255 763 501410
Timeline
Head of Finance
Tanzania Securities Limited
07.2021 - Current
Head of Finance and Administration
Tanzania Securities Limited
01.2016 - 03.2018
Accountant
Tanzania Securities Limited
05.2010 - 12.2015
Sales and Distribution
Tanzania Breweries Limited
07.2008 - 10.2008
Securities Industry Certification Course (SICCs) - Securities Industry Certification Course (SICCs)
Chartered Institute of Securities And Investment
MBA - Masters of Business Administration
Mzumbe University
CPA(T) - Certified Public Accountant (CPA-T)
National Board of Accountants And Auditors (NBAA)
Advanced Diploma in Accountancy - Accounting And Finance
Institute of Finance Management (IFM)
ACSEE - ACSEE
Kigonsera Secondary School
CSEE - CSEE
Makalema Secondary School
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