Benedict Tibasima Kanaku
Arusha,01
Summary
Resourceful Accounting professional with more than twelve years of experience in audit preparation and reporting. Seasoned auditing professional knowledgeable about risk Management strategies, cost reduction options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
28
28
years of professional experience
1
1
Certification
Work History
Chief Internal Auditor
Kilimanjaro Airports Development Company (KADCO)
04.2014 - Current
- Enhanced internal audit efficiency by implementing risk-based auditing methodologies
- Reduced operational risks through regular audits, identification of process gaps, and providing actionable recommendations.
- Streamlined audit processes by developing comprehensive audit programs and guidelines for various business units.
- Increased transparency in financial reporting through examination of financial statements and ensuring adherence to GAAP standards.
- Improved internal control systems by recommending to the management the design and development and robust policies and procedures.
- Optimized resource allocation in audit projects through effective planning, scheduling, and prioritization of tasks based on risk assessments.
- Safeguarded company assets by identifying areas of potential loss or misappropriation during audits, recommending corrective actions as necessary.
- Developed strong relationships with key stakeholders across the organization to facilitate open communication channels for addressing concerns related to governance, risk, and control issues.
- Provided valuable insights into the effectiveness of internal controls by performing detailed evaluations of business processes and systems.
- Supported decision-making processes by presenting relevant audit findings to senior management and the board in a clear and concise manner.
- Assisted external auditors in their work as needed; collaborating closely with them helped maintain cooperative relationships between both parties involved in the auditing process.
- Establish a robust internal audit function by developing policies and procedures that met regulatory requirements, fulfilled stakeholder expectations, and aligned with industry best practices.
- Conduct technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Cooperat with senior Mangement to create operating budgets.
- Prepared working papers, reports and supporting documentation for audit findings.
Principle Internal Auditor
East African Fossils Company Ltd
12.2009 - 03.2014
- Enhanced internal control systems by conducting thorough risk assessments, develop and implement a risk based internal audit plan.
- Improved operational efficiency by identifying and addressing financial discrepancies through examination of financial records.
- Evaluated compliance with regulatory requirements, mitigating potential risks and protecting organizational reputation.
- Provided valuable insights to management by presenting clear and concise audit findings, contributing to informed decision-making processes.
- Performed detailed reviews of business processes to identify opportunities for cost reduction and process optimization.
- Support Management in developing action plans to address identified issues, promoting timely resolution of audit findings.
- Participat in special projects as requested by senior Management, providing subject matter expertise on internal controls and risk management practices.
- Recommend new methods to improve internal controls and operating efficiency.
- Collaborat with cross-functional teams to design and execute comprehensive audit plans, ensuring alignment with company objectives.
- Performe internal audits of financial and departmental operations, developing risk assessments and conducting process walkthrough for compliance with documented processes.
- Prepared and distributed risk and audit reports to appropriate Management level.
- Prepared audit programs and documentation in alignment with Generally Accepted Auditing Standards (GAAS).
- Cooperated with senior Management to create operating budgets.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
- Conduct technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
Senior Traffic Officer
Tanzania Railways Corporation
01.1997 - 09.2005
- Improved traffic flow by effectively coordinating and routing shipments.
- Enhanced overall transportation efficiency with diligent tracking and documentation of shipment details.
- Streamlined shipping processes for increased timeliness, consistently minimization of delays.
- Timely facilitation and transportation of passengers and their luggages
Education
MBA - Strategic Management
Jomo Kenyatta University of Agriculture And Tech.
Juja, Kenya06.2022
Diploma - Airport Operations
Airports Council International & ICAO
Canada04.2020
Postgraduate Diploma - Accountancy
Institute of Accountancy Arusha
Arusha, Tanzania12.2012
BBA - Accounting And Finance
St. Augustine University of Tanzania (SAUT)
Mwanza, Tanzania11.2008
Skills
- Strategic Planning
- Negotiation
- Ethical Standards
- Leadership Abilities
- Enterprise Risk Management
- Critical Thinking
- Problem Solving
- Conflict Resolution
- Audit Planning
- Team Building
- Regulatory Compliance
- Internal Controls
Certification
- Certified Public Accountant (CPA-T) - By the National Board of Accountants and Auditors
- Associational Airport Management Professional (AMPAP) - By the Airports Council International and International Civil Aviation Organization
- ISO 9600 Lead Compliance Manager - By International Organization for Standardization
Languages
English
Professional Working
Swahili
Professional Working
Timeline
Chief Internal Auditor
Kilimanjaro Airports Development Company (KADCO)
04.2014 - Current
Principle Internal Auditor
East African Fossils Company Ltd
12.2009 - 03.2014
Senior Traffic Officer
Tanzania Railways Corporation
01.1997 - 09.2005
MBA - Strategic Management
Jomo Kenyatta University of Agriculture And Tech.
Diploma - Airport Operations
Airports Council International & ICAO
Postgraduate Diploma - Accountancy
Institute of Accountancy Arusha
BBA - Accounting And Finance
St. Augustine University of Tanzania (SAUT)
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