BERYL NYAKWESI MASAMBU
MWANZA
Summary
Highly motivated and driven professional with a strong focus on achieving goals. Continuously seeks opportunities to expand knowledge and stay current with industry trends. Maintains a principled approach to work and consistently delivers high-quality results. Dedicated individual committed to putting in the necessary effort to succeed.
Overview
6
6
years of professional experience
Work History
Tax and Payroll Accountant
Sandvik Mining and Construction Tanzania Limited
08.2023 - 06.2024
- Enhanced VAT Compliance and Efficiency: Successfully managed monthly VAT compliance processes, including accurate analysis of VAT positions, timely e-filing of returns, and seamless payment initiation
- Implemented effective reconciliation processes between Electronic Fiscal Device (EFD) sales and the General Ledger (GL), resulting in improved accuracy and compliance with the VAT Act, Cap 148, R.E
- 2019 (“the VAT Act, 2014)
- Streamlined Withholding Tax (WHT) Operations: Delivered accurate and timely WHT filings by ensuring precise computation, e-filing, and certificate generation
- Achieved consistent monthly reconciliation between the WHT payable account and the General Ledger, significantly reducing discrepancies and enhancing compliance reliability
- Optimized Corporate Income Tax Compliance: Prepared comprehensive and accurate corporate income tax returns, including both provisional and final returns, ensuring alignment with tax regulations
- Successfully conducted quarterly deferred tax computations, facilitating transparent Group tax reporting and efficient allocation of payments in the GL
- Efficient City Service Levy (CSL) Management: Ensured compliance with CSL regulations through precise computation, timely payments, and consistent follow-ups with municipal councils for payment instructions and receipts
- Improved financial reporting accuracy by calculating and posting monthly accruals in the GL
- Comprehensive Local Content Reporting: Prepared and submitted detailed quarterly and annual Local Content progress reports in compliance with the 2018 regulations, demonstrating organizational commitment to local content initiatives
- Effective Tax Dispute Resolution Support: Played a key role in assisting Sandvik and external tax consultants with the TRA audit, providing critical reconciliations and data that facilitated efficient resolution of tax disputes
- Reduced Tax Exposure During Audits: Collaborated with auditors to identify and quantify potential tax exposures, ensuring proactive risk management and compliance during statutory audits
- Payroll Duties: Efficient and Timely Payroll Management: Consistently prepared and processed accurate payroll calculations for local staff, expatriates, trainees, and casual laborers by the 20th of each month, ensuring compliance with relevant laws and company policies
- Punctual Salary Disbursement: Achieved 100% on-time salary remissions to employees by the 25th of each month, enhancing employee satisfaction and financial planning
- Compliance with Statutory Contributions and Taxes: Ensured full compliance with statutory obligations by accurately calculating, remitting, and filing payroll taxes and contributions, including NSSF, PAYE, SDL, WCF, NUMET, HESLB, and Expatriates’ Provident Fund, within stipulated timelines
- Streamlined Employee Reimbursements: Improved operational efficiency by promptly processing travel advances, allowances, and expense claim reimbursements, ensuring seamless support for employee site visits and other official travels
- Accurate Financial Reconciliation: Conducted detailed balance sheet reconciliations of payroll accounts, ensuring transparency and alignment between payroll transactions and general ledgers
- Precise Expense Allocation: Optimized financial accuracy by effectively allocating payroll expenses to respective accounts and cost centers, supporting robust financial reporting and budgeting
- Enhanced Payroll Reporting: Prepared and allocated payroll journals to relevant accounts and cost centers, contributing to clear and detailed financial records for management decision-making
Senior Tax Associate
Deloitte Consulting Limited
08.2022 - 07.2023
- Excellence in Strategic Leadership: Reviewed and provided critical insights on junior personnel’s assignments related to tax compliance and advisory activities, ensuring high-quality deliverables for management and client review
- Optimized VAT Compliance for Clients: Enhanced VAT compliance processes by reviewing and analyzing input and output VAT transactions, facilitating accurate monthly filings, initiating payments, and performing critical VAT adjustments
- Successfully supported VAT refund claims through detailed invoice verification and applications, resulting in improved cash flow and compliance for clients
- Improved Withholding Tax (WHT) Compliance: Streamlined WHT compliance for clients by overseeing the computation, e-filing, payment initiation, and certificate generation processes, ensuring adherence to statutory requirements and timely submission
- Strengthened Corporate Income Tax Compliance: Accurately prepared and filed corporate income tax returns, including final tax computations and provisional returns
- Conducted thorough reconciliations of client tax account statements and facilitated follow-ups with TRA for account updates, enhancing compliance and transparency
- Enhanced City Service Levy (CSL) Management: Delivered accurate quarterly CSL computations and ensured timely payment processing, including proactive follow-ups with municipal councils for receipts and payment instructions, ensuring smooth compliance for clients
- Effective Tax Dispute Resolutions: Successfully represented clients in TRA meetings and drafted well-substantiated responses to TRA findings
- Prepared objection notices and proposals to settle disputes, assisting clients in negotiations and reconciliation of ledgers, resulting in favourable resolutions for contentious tax matters
- Comprehensive Tax Reviews and Health Checks: Conducted in-depth tax health checks across all tax types, including WHT, VAT, CSL, payroll taxes, and corporate tax
- Delivered actionable tax opinions, quantified potential exposures, and recommended corrective actions to mitigate non-compliance risks for clients
- Reduced Tax Risks During Statutory Audits: Collaborated with auditors to quantify potential tax exposures, ensuring proactive risk mitigation and compliance during statutory audits
- Proactive Tax Advisory Services: Delivered tailored tax advisory services, guiding clients on optimal business decisions amidst evolving fiscal and legal landscapes
- Anticipated legislative changes and provided strategic advice to align client operations with regulatory requirements
- Successful Project Delivery and Client Engagement: Supported the execution of client and internal engagements, ensuring timely and quality deliverables
- Designed and delivered impactful tax training sessions for internal teams and clients, reinforcing compliance knowledge and best practices
- Data-Driven Decision Making: Leveraged data visualization and analytical tools to uncover actionable insights, facilitating innovative solutions for client challenges
- Fostering Strong Relationships: Built and maintained long-term relationships with clients and government authorities, including the TRA, ensuring sustained trust and effective collaboration
Tax Associate 1 & 2
Deloitte Consulting Limited
08.2019 - 07.2022
- Ensured Accurate Tax Compliance: Successfully prepared and filed VAT returns, Corporate Income Tax (CIT) computations and returns, Withholding Tax (WHT) compliance reports, City Service Levy (CSL) calculations, and monthly PAYE and SDL calculations for both local and expatriate staff, ensuring full compliance with tax regulations and deadlines
- Enhanced Client Support During Tax Audits: Played a key role in supporting clients during tax audits by drafting detailed responses to TRA findings, thoroughly reviewing client-provided information for accuracy before submission, and preparing comprehensive objection notices and tailored tax advice, contributing to favorable audit outcomes
- Developed Comprehensive Training Resources: Designed and prepared high-quality training materials for weekly tax training sessions, fostering knowledge sharing and enhancing technical expertise among team members
Teller
UTT Microfinance PLC
07.2018 - 09.2018
- I sharpened my skills in Microsoft Office Packages, Basic Office Accounting and the operations of microfinance institutions
Education
Certified Public Accountant (CPA) -
NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS (NBAA)
12.2024
Bachelor of Arts - Economics and Statistics
UNIVERSITY OF DAR ES SALAAM
07.2019
Advanced Level - Economics, Geography and Advanced Mathematics
MARIAN GIRLS’ HIGH SCHOOL
05.2016
Ordinary Level -
MARIAN GIRLS’ HIGH SCHOOL
11.2013
Skills
- Data analysis
- Mathematics
- Communication
- Leadership
- Problem solving
- Service oriented
Honorsawardslicenses
- Registered Tax Consultant, 08/01/23, Tanzania Revenue Authority (TRA), License to operate as a recognized tax practitioner with the Tanzania Revenue Authority
- Certificate in Directorship (CiDir), 10/01/23, Institute of Directors in Tanzania (IoDT), Corporate Governance.
- CMSA University Challenge 2018, 10/01/18, Capital Markets and Securities Authority (CMSA), Top twenty winners in the essay competition.
Hobbies and Interests
- Consulting
- Financial Services
- Capital Markets
- Taxation
Referees
Christopher Mwanilwa
Title: Assistant Manager – Tax Services
Organization: Ernst & Young (EY), Dubai, United Arab Emirates (UAE)
Mobile: +971 55 935 5856
Email: cmwanilwa@aol.com
Aneth Mushokolwa
Title: Manager – Tax Services
Organization: Deloitte Consulting Limited
Mobile: +255 754 976 933
Email: amushokolwa@deloitte.co.tz
Mlangila Mwijarubi Mtabi
Title: Principal Customs Officer
Organization: Tanzania Revenue Authority (TRA)
Mobile: +255 679 365 288
Email: mmwijarubi@tra.go.tz
Languages
English
Bilingual or Proficient (C2)
Swahili
Bilingual or Proficient (C2)
Timeline
Tax and Payroll Accountant
Sandvik Mining and Construction Tanzania Limited
08.2023 - 06.2024
Senior Tax Associate
Deloitte Consulting Limited
08.2022 - 07.2023
Tax Associate 1 & 2
Deloitte Consulting Limited
08.2019 - 07.2022
Teller
UTT Microfinance PLC
07.2018 - 09.2018
Bachelor of Arts - Economics and Statistics
UNIVERSITY OF DAR ES SALAAM
Advanced Level - Economics, Geography and Advanced Mathematics
MARIAN GIRLS’ HIGH SCHOOL
Ordinary Level -
MARIAN GIRLS’ HIGH SCHOOL
Certified Public Accountant (CPA) -
NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS (NBAA)
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