Fortunata Robinson Ngalali
Moshi,09
Summary
Enterprising Financial Analyst with proven success in recommending appropriate financial plans based on accurate data collection, financial monitoring and business strategizing. Expertise includes financial analysis and reporting, contract management and forecasting. Develops and maintains high standards of quality and issue resolution through effective financial planning. Adept at utilizing top-of-the-line communication skills to build and foster long-term relationships.
Overview
14
14
years of professional experience
Work History
Financial Analyst
East West Seed Knowledge Transfer
01.2020 - Current
- Provide leadership and strategic direction to all KT teams across Africa to standardise budgeting/accounting/reporting
- Meeting the (financial) requirements of the various stakeholders, Sparring partners to the management on financial administrative matters
- Develop and maintain KPI's and Dashboard
- Responsible for the planning and control (10 projects)
- Monitor the financial position/cash flow, Support the preparation of the project budgets and annual budget
- Support the preparation of the (long-term) budgets / multi-year planning, Preparing financial reports for management and other stakeholders with accompanying analysis including payment Partnership management
- Provide information and reports to partners as needed
- Monitor project budget and expense in terms of financial aspect
- Financial management
- In close cooperation with KTS, develop and oversee the use of budget/s
- The Business Finance Analyst will coordinate closely with KT managers - Africa and KT Group Finance in KT activities.
- Identified new investment opportunities through due diligence and evaluation of growth potential.
- Enhanced financial reporting accuracy by streamlining data collection and analysis processes.
- Implemented cost control measures, achieving significant savings in departmental budgets.
- Developed comprehensive financial models for forecasting and budgeting purposes, enabling better decision-making.
- Collaborated with cross-functional teams to improve the efficiency and effectiveness of financial operations.
- Optimized cash flow management strategies, ensuring sufficient liquidity for business operations at all times.
- Evaluated potential mergers and acquisitions opportunities, providing valuable insights for executive decision-making.
- Ensured compliance with relevant regulations by staying up-to-date on industry changes and implementing necessary adjustments to internal policies.
- She supported senior management with strategic planning initiatives through detailed financial analysis and insightful recommendations.
- It has improved the month-end close process by identifying inefficiencies and implementing solutions that reduced time spent on manual tasks.
- Prepared accurate and timely financial statements for both internal review and external audits, maintaining a strong reputation for fiscal responsibility.
- Facilitated communication between finance departments and other areas of the organization to ensure smooth information exchange and collaboration on key projects.
- Developed strong relationships with external partners such as banks, auditors, and insurers which contributed to successful negotiations.
- Assisted in training junior staff members on best practices related to financial management analysis techniques.
- Performed ad-hoc analyses as needed to support organizational objectives while continually seeking ways to refine the methodologies used.
- Maintained a deep understanding of industry trends allowing for proactive adjustments to financial strategies and tactics.
- Played a key role in the implementation of new financial software systems, leading to increased efficiency and improved data accuracy.
- Adjusted financial management system to be accurate and productive.
- Offered budget development and financial planning to clients.
- Evaluated the performance of existing investments and adjusted accordingly.
- Conducted thorough risk assessments to minimize potential losses and protect the organization's assets.
- Assisted in the development of strategic financial plans, resulting in improved long-term financial stability.
Project Accountant, Finance & Administration Manager
SEVIA LTD
01.2015 - 12.2019
- Set up and managed project accounting systems.
- Improved project budget accuracy by diligently tracking expenses and regularly updating financial forecasts.
- Streamlined invoice processing for timely payments by implementing efficient organizational systems.
- Enhanced communication between accounting and project management teams with regular financial updates and collaborative meetings.
- Optimized cash flow management, accurately forecasting project revenues and monitoring fund disbursements.
- Reduced discrepancies in financial reporting by conducting thorough account reconciliations and adjusting entries as needed.
- Ensured compliance with accounting standards and regulations through meticulous record-keeping and documentation practices.
- Identified potential cost savings opportunities by analyzing project expenditures and recommending adjustments to budget allocations.
- Collaborated with project managers to develop accurate cost estimates for upcoming projects, increasing overall profitability.
- Assisted in the preparation of comprehensive financial reports for both internal and external stakeholders, providing valuable insights into project performance.
- Implemented effective cost control measures, proactively identifying deviations from budgets and taking corrective action when necessary.
- Facilitated a smooth audit process with detailed documentation of project-related transactions, minimizing audit findings and recommendations.
- Contributed to successful project completion by providing timely financial data analysis for informed decision-making processes.
- Supported cash flow optimization efforts by actively monitoring outstanding accounts receivable balances and pursuing collections when needed.
- Increased efficiency of month-end closing procedures through streamlining tasks such as account reconciliations, journal entry preparations, and report generation.
- Maintained accurate fixed asset records for assigned projects, ensuring proper depreciation schedules were followed according to company policy.
- Assisted in the development of annual operating budgets by gathering historical data, analyzing trends, and collaborating with department heads on projections.
- Informed strategic decisions regarding resource allocation by presenting detailed analyses of capital expenditure requests to senior management.
- Ensured consistent application of company expense policies across all project teams by providing training and guidance on proper procedures.
- Supported the successful onboarding of new project accountants by sharing expertise, offering mentoring, and collaborating on best practices.
- Continuously improved financial reporting processes to increase accuracy, timeliness, and relevance for stakeholders involved in project decision-making.
- Monitored project costs, developed job cost forecasts, managed cash flow and approved invoices for payment.
- Set up and managed project accounting systems.
- Read, escalated and reported invoices for projects of varying size and complexity.
- Eliminated discrepancies by carefully reviewing budgets to prevent overspending and adhere to financial objectives.
- Authorized and reviewed funds transfers into and out of project accounts.
- Drafted, analyzed and submitted numbers in reports for auditors quickly and efficiently.
- Reviewed project employee credentials and approved or rejected account access as appropriate.
- Provided timely actuals, forecasts and budget data for IT and corporate management.
- Prepared working papers, reports and supporting documentation for audit findings.
- Trained new employees on accounting principles and company procedures.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Compiled general ledger entries on ashort schedule with 100% accuracy.
- Maintained integrity of general ledger and chart of accounts.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Developed financial models to assess and analyze thefinancial performance of clients.
- Diminished outstanding debts by analyzing accounts for issues.
- Identified legal tax savings and recommended ways to improve profits.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
- Collected and reported monthly expense variances and explanations.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
Inter Auditor
MTEI Express Coach
03.2014 - 05.2014
- Job responsibilities include the following:
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Enhanced financial accuracy by conducting thorough audits and identifying discrepancies in financial statements.
- Increased internal control effectiveness through diligent evaluation of processes and providing recommendations for improvement.
- Ensured compliance with regulatory requirements by performing regular audits and staying up-to-date on industry standards.
- Streamlined audit processes, improving efficiency and reducing time spent on each audit engagement.
- Collaborated with cross-functional teams to identify areas of risk and implement preventative measures.
- Assisted clients in understanding complex tax regulations by providing clear explanations and guidance.
- Reduced the risk of fraud by implementing effective internal controls and monitoring systems.
- Developed strong relationships with clients, building trust and ensuring a high level of satisfaction during the audit process.
- Maintained confidentiality, handling sensitive information discreetly throughout all stages of the audit process.
- Identified opportunities for cost savings through careful review of expense reports, contracts, and invoices.
- Managed multiple concurrent audit engagements, prioritizing tasks to meet deadlines without compromising quality.
- Ensured the integrity of financial reporting by verifying the accuracy of accounting records and reconciliations.
Assistant Stock Taker
Central Planning Development Vocational Training Centre
09.2010 - 11.2010
- Responsibilities:
- Improved inventory accuracy by conducting regular stock counts and updating records accordingly.
- Assisted in reducing stock discrepancies by diligently identifying and reporting variances between physical inventory and system records.
- Enhanced warehouse efficiency with systematic organization of items for easy access during stock-taking processes.
- Supported stock management, maintaining accurate records of received goods and their locations within the storage facility.
- Collaborated with team members to achieve timely completion of comprehensive stock audits.
- Utilized barcode scanners to efficiently track and update item quantities, ensuring accurate inventory data.
- Maintained a clean and safe working environment by adhering to safety guidelines during all stock-taking activities.
- Contributed to loss prevention efforts by promptly identifying damaged or missing items and reporting findings to appropriate personnel.
- Streamlined inventory updates through effective communication with warehouse staff regarding new shipments, returns, or transfers.
- Participated in routine cycle counts, supporting overall inventory accuracy goals for the organization.
- Promoted teamwork amongst colleagues, sharing best practices for efficient counting procedures and accurate recordkeeping.
- Aided in the reconciliation process between physical counts and system data, identifying potential causes for discrepancies and assisting in resolution efforts.
- Demonstrated strong attention to detail while counting items, ensuring minimal errors during the stock-taking process.
- Provided valuable input towards continuous improvement initiatives aimed at optimizing stock management processes within the company.
- Exhibited adaptability when adjusting to changes in assigned tasks or priorities during high-pressure stock-taking periods.
- Employed excellent time-management skills to balance multiple responsibilities related to inventory control effectively.
- Ensured compliance with industry regulations concerning proper handling/storage of products during all stages of the stock-taking process.
- Collaborated with cross-functional teams, such as purchasing and sales departments, contributing insights derived from inventory data analysis.
- Developed proficiency in using relevant software programs for inventory management, streamlining the stock-taking process and increasing productivity.
- Handled day-to-day shipping and receiving overseeing more than 15 packages per day.
Assistant Auditor
Mm - Micro Consultant and Auditing
06.2010 - 09.2010
- Responsibilities were: To make sure that the payments were only made on activities that were approved by the secretariat through the annual budget
- To ensure that the payments are only made on properly authorized transactions for which all the required documentation has been proved
- To make sure that all liabilities and payments are currently recorded in the appropriate books of accounts
- Assets are purchased by public procurement regulations
- To make sure that public funds received are appropriate for the purpose for which they are intended
- Verify the existence and assurance of proper safeguarding of assets
- Investigate Management concerns relating to fraud embezzlement and theft
- Perform reviews directed towards creating ways of reducing cost
- Appraise the quality of Management performance in meeting goals and objectives.
- Assisted auditor in developing timelines, budgets and audit plans for 5 assigned projects in one year.
Education
Master of Science in Accounting and Finance -
Mzumbe University
Morogoro01.2013
BBA - Accounting And Finance
Institute of Accountancy Arusha
Arusha 01.2011
High School Diploma -
Ifunda Girls Secondary School (Iringa)
Iringa01.2007
High School Diploma -
Arusha Secondary School
Arusha01.2004
Certificate of Primary School -
Burka Primary School (Arusha)
Arusha01.2000
Skills
- Bookkeeping
- Budget support
- Report Preparation
- Variance Analysis
- Due diligence
- Query writing
- Comparative analysis
- Auditing
Research And Project Attending
- MzumbeUnivesity, Tanzania and VU University of Amsterdam, The Netherland, APHFTA of Tanzania and MCF of Amsterdam, Quality of private primary Health care Facilities in Dar es Salaam, Tanga, Morogoro which are under CSSC (Christian Social Services Commision), 07/01/13
- MzumbeUnivesity, Tanzania and VU University of Amsterdam, The Netherland, APHFTA of Tanzania and MCF of Amsterdam, Market dynamics of private primary Health care Facilities in Temeke District, Dar es Salaam, 07/01/12
- Mapping of Health care Facilities in Temeke District in Dar es Salaam using GPS intrustents.
Personal Information
- Date of Birth: 10/14/85
- Gender: Female
- Nationality: Tanzanian
References
- ELIJAH MWASHAYENYI, SEVIA LTD, MANAGING DIRECTOR, P. O. BOX 7211, KILIMANJARO, 0785273865
- Omari I Kakiva, Mm - Micro Consultant and Auditing, P.O.Box 12398, ARUSHA, 0713844900
- FELIX MTEI, MTEI Express Coach, ARUSHA, 0754264570
Training
- Advanced Financial Modelling & Dashboards with Excel training, 04/01/18
- Leadership training and Research Project on Healthcare Business organized jointly by MzumbeUnivesity, Tanzania and VU University of Amsterdam, The Netherland, APHFTA of Tanzania and MCF of Amsterdam., 07/01/14
- Leadership training and Research Project on Healthcare Business organized jointly by Mzumbe University, Tanzania; VU University of Amsterdam, The Netherland, APHFTA of Tanzania and MCF of Amsterdam., 07/01/13
- Leadership training and Research Project on Healthcare Business organized jointly by MzumbeUnivesity, Tanzania and VU University of Amsterdam, The Netherland, APHFTA of Tanzania and MCF of Amsterdam., 07/01/12
Reading Books and Listen to Music
I like to read books when i have time
Languages
English
Native language
English
Advanced
C1
Timeline
Financial Analyst
East West Seed Knowledge Transfer
01.2020 - Current
Project Accountant, Finance & Administration Manager
SEVIA LTD
01.2015 - 12.2019
Inter Auditor
MTEI Express Coach
03.2014 - 05.2014
Assistant Stock Taker
Central Planning Development Vocational Training Centre
09.2010 - 11.2010
Assistant Auditor
Mm - Micro Consultant and Auditing
06.2010 - 09.2010
Master of Science in Accounting and Finance -
Mzumbe University
BBA - Accounting And Finance
Institute of Accountancy Arusha
High School Diploma -
Ifunda Girls Secondary School (Iringa)
High School Diploma -
Arusha Secondary School
Certificate of Primary School -
Burka Primary School (Arusha)
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