Open To Work
Isack Nsemwa
Dar Es Salaam
Summary
Results-driven Finance Officer/Accountant with 13 years extensive experience, excelling in financial reporting, reconciliations and analysis. Proven leadership in managing mobile payments and financial documents transitioning to digital document storage, enhancing efficiency. Skilled in budget management and risk assessment, consistently delivering accurate financial records and reports to support organizational goals.
Overview
13
13
years of professional experience
14
14
years of post-secondary education
Work History
Finance Officer - Management Accounting
PACT TANZANIA
Dar Es Salaam
08.2017 - 10.2025
- Company Overview: Projects: USAID Kizazi Kipya 2016–2021, and USAID ACHIEVE 2022–2026.
- Review financial documents. Ensuring that vendor and customer documents for payment are accurate and adequately supported, check calculations, confirm that goods or services were received, verify vendor/customer names, amounts and dates match across them and also ensuring that they comply with organization policies and procedures for processing them.
- Taking lead role of maintaining Budget tracker for organization projects. This has been achieved by tracking every end of the month expenses and update on budget tracker and present it on monthly program review meetings which includes heads of dept, responsible programs, procurement and finance teams and seek for clarifications on variances arose since we had projected amount on every month. Whenever discrepancies are visible we advise activities owner/program team to seek approval for reallocation of that amount either to next month's projections or other budget lines.
- Preparation of monthly cash need forecast for organization projects. This has been enhanced by working closely with projects leads and budget line activities owner by sharing cash need for three months durations and compile them every monthly and share to senior finance manager in order to submit to HQ.
- Prepared month-end accruals and necessary journal vouchers to facilitate month-end closing. This help us to capture all monthly expenditures occurs and records them on our books.
- Processing Payments (Mobile-MixxbyYass wallet & Bank). I have played a pivotal role in managing and maintaining mobile money (MixxbyYass/Tigopesa) transactions. For example, in the Kizazi Kipya project, I was tasked with processing in-kind volunteer stipend payments for approximately 17,000 people every month. This involved collaborating closely with the program team to obtain an approved list of reported volunteers, ensuring timely payments, performing reconciliations, and distributing reports to the respective CSOs/NIPs through our cluster offices. Whenever challenges arose, I coordinated with MixxbyYass/Tigopesa experts to resolve them. Additionally, I have overseen all mobile payments for the Achieve project as well, and I have occasionally uploaded other payments through bank platform.
- Financial Documents Management. Since joining the organization in 2017, I have been tasked with ensuring the safe storage of all posted financial documents for future reference. Previously, the organization maintained only hard copies, but I was responsible for storing both hard and soft copies. I established a team of two colleagues who reported directly to me, ensuring that all hard copies were scanned, filed, and stored in specific folders, monthly. By 2021, we successfully transitioned to exclusively using soft copies, which are meticulously maintained on OneDrive and SharePoint folders.
- Posting financial transactions. I am tasked with ensuring that financial transactions are recorded accurately, capturing the correct expenses for the preparation of the organization's and donor's final reports. It is my responsibility to ensure that postings are made regularly, allowing for the timely submission of our monthly reports.
- Performing bank reconciliation on weekly basis in order to smooth the end of the monthly reconciliations and other financial reports such as balance sheet reconciliation, vendors/customers aged reports etc.
- Cost Share Reporting. I have been tasked with consolidating cost share reports from NIP/CSOs under the ACHIEVE project and preparing reports for our organization, Pact, for various workshops and trainings we conduct in accordance with our organizational guidelines. This has been done on a quarterly basis.
- HRH and ER reports preparation. This is conducted annually at the end of the fiscal year, as mandated by PEPFAR for health projects, to submit Human Resources for Health (HRH) and Expenditure Reporting (ER). I have assisted the Senior Finance Manager in accomplishing this task.
- Managing sub grantee awards. I have managed to supervise CSO/NIP under ACHIEVE project by formulating their budget, ensuring funds are used based on approved workplan, and their financial reports and documentation align with doner and country requirements.
- Worked with senior management to define standards, policies, procedures and organizational enhancements to meet company goals for finance.
- Perform additional tasks as directed by the Senior Finance Manager (SFM), including assisting with resolving queries that arise during audits/reviews, conducting staff orientation, providing training, and participating in the organization's tender committee meetings.
Project Accountant
DB SHAPRIYA CO LTD
Dar Es Salaam
03.2012 - 01.2017
- Company Overview: Projects: Yara Fertilizer Projects 2012-2016 (Kurasini DSM) & 130 MLD Upper Ruvu Water Treatment 2016-2017 (DAWASA Mlandizi).
- Petty cash and cashbook management. I was responsible for maintaining the petty cash and the cashbook for the site/projects. The company's petty cash fund was utilized to manage the operations of the site/projects. My duties included recording and maintaining expenditures, receipts, and reimbursing all the expenses incurred at the site.
- Handling and processing payments (vendors). It is crucial to check and verify the authenticity of payment vouchers before they are processed. All payments made at the site must be clear, accurate, and genuine for the company to gain recognition, and to claim taxes, such as VAT.
- Budget tracker maintenance and tracking. I was tasked with preparing weekly budgets for sites/projects with guidance from the Project Manager or Construction Manager. This primarily involved budgeting for casual wages, which constituted a significant portion of the construction costs each week.
- Processing Casual labor payments. Over the course of a week, I was tasked with recording attendance for casual laborers across various sections, including steel fixing, concrete, welding, and operating. Subsequently, I calculated the daily costs, obtained signatures from the supervisors of each section, and submitted these to the project manager. At the end of the week, I prepared a payroll, disbursed wages based on the days worked, and collected signatures from each laborer. Finally, I stored the completed documents and forwarded them to the headquarters.
- Posting financial transactions on the Tally accounting package to ensure correct records are kept for site/projects.
- Reviewed and approved timesheets for project employees.
- Preparations of reports and accounts reconciliation.
- Monitored project costs, developed job cost forecasts, managed cash flow and approved invoices for payment.
Education
Associate Certified Public Accountant (ACPA) - Processional Certification
National Board of Accountant And Auditors (NBAA)
Dar Es Salaamtion 06.2020 - 06.2023
CPA (T) - Graduate Accountant
National Board of Accountant And Auditors (NBAA)
Dar Es Salaam 01.2011 - 10.2012
Bachelor of Business Administration - Finance & Accounting
St. Augustine University of Tanzania
Mwanza 07.2007 - 11.2010
Advance Certificate of Secondary Education -
Mzumbe Secondary School
Morogoro 03.2005 - 02.2007
Ordinary Certificate of Secondary Education -
Pandahill Secondary School
Mbeya 01.2001 - 11.2004
Skills
- Accounting
- Financial reporting and analysis
- Leadership and organization
- Budget forecast, monitoring, and analysis
- Microsoft Office
- Budget management
- Bank reconciliation
- Team collaboration and adaptability
- Proficiency in accounting software (Tally and Microsoft dynamic-serenic)
- Professional integrity
Hobbies and Interests
- Playing Scrabble and team sports (football)
- Music
- Travelling
- Attending finance webinars or courses
Training
- 2025, TAA, Capacity Building and Mentorship Program
- 2024, NBAA, The Accountants' Annual Conference
- 2023, NBAA, The Accountants' Annual Conference
- 2023, AUDITAX, Comprehensive Practical IPSAS seminar (Financial Reporting for Public sector and NGO's)
- 2022, NBAA, The Accountants' Annual Conference
- 2021, NBAA, The Accountants' Annual Conference
- 2021, PWC, IPSAS Practical Workshop
Languages
- Kiswahili
- English
References
- Simon Samwel, Senior Finance Manager, PACT TANZANIA, Plot 1486, Msasani Peninsula (Masaki Area), Dar es Salaam, ssamwel@pactworld.org, 0753208821
- Norbert Massay, Senior Mining Program Manager, PACT TANZANIA, Plot 1486, Msasani Peninsula (Masaki Area), Dar es Salaam, nmassay@pactworld.org, 0718312806
- David Sanga, Program and Training Specialist, United States Peace Corps, PO Box 9123, Dar es Salaam, dsanga@peacecorps.gov, 0754000552
- Adam Mwalyambwile, Grants and Contracts Manager, US Contractor for USAID Heshimu Bahari Activity, PO Box 31326, Dar es Salaam, amwalyambwile@HeshimuBahari.com, 0757733333
- Lewis Mcharo, Human Resource Manager, Db Shapriya Co Ltd, PO Box 3229, Dar es Salaam, hr@dbshapriya.com, 0788185175/0682446033
Personal Information
- Nationality: Tanzanian
- Gender: Male
- City: Dar es Salaam, Tanzania
- LinkedIn Profile: www.linkedin.com/in/isack-nsemwa-94ba71222
Languages
Kiswahili
First Language
English
Proficient (C2)
C2
References
References available upon request.
Work Preference
Work Type
Full TimePart TimeContract WorkLocation Preference
RemoteOn-SiteTimeline
Associate Certified Public Accountant (ACPA) - Processional Certification
National Board of Accountant And Auditors (NBAA)
06.2020 - 06.2023
Finance Officer - Management Accounting
PACT TANZANIA
08.2017 - 10.2025
Project Accountant
DB SHAPRIYA CO LTD
03.2012 - 01.2017
CPA (T) - Graduate Accountant
National Board of Accountant And Auditors (NBAA)
01.2011 - 10.2012
Bachelor of Business Administration - Finance & Accounting
St. Augustine University of Tanzania
07.2007 - 11.2010
Advance Certificate of Secondary Education -
Mzumbe Secondary School
03.2005 - 02.2007
Ordinary Certificate of Secondary Education -
Pandahill Secondary School
01.2001 - 11.2004