Isack Nsemwa
Dar Es Salaam
Summary
Results-driven Finance Officer with extensive experience at PACT TANZANIA, excelling in financial reporting and analysis. Proven leadership in managing mobile payments and 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
Work History
Finance Officer - Management Accounting
PACT TANZANIA
Dar Es Salaam
08.2017 - Current
- Company Overview: Projects: USAID Kizazi Kipya 2016–2021, and USAID ACHIEVE 2022–2026.
- Review financial documents. Ensuring that vendor and customer payments are accurate and adequately supported, and also ensuring that they comply with organization policies and procedures.
- Prepared month-end accruals and necessary journal vouchers to facilitate month-end closing.
- Processing Payments (Mobile-Tigopesa Wallet & Bank). I have played a pivotal role in managing and maintaining mobile money (Tigopesa) transactions. For example, in the Kizazi Kipya project, I was tasked with processing in-kind volunteer stipend payments. 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 Tigopesa experts to resolve them. Additionally, I have overseen all mobile payments for the Achieve project, and I have occasionally assisted colleagues with bank payments.
- 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.
- Reconciled bank accounts on a regular basis to ensure accuracy of records.
- 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.
- 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, budget tracker monitoring (BVA), cash request forecasting (monthly), verifying payments to vendors/participants, 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 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.
- 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.
- Preparations of reports and accounts reconciliation.
Education
ACPA - Processional Certification
National Board of Accountant And Auditors (NBAA)
Dar Es Salaamtion07-2023
CPA (T) - Graduate Accountant
National Board of Accountant And Auditors (NBAA)
Dar Es Salaam10-2012
Bachelor of Business Administration - Finance & Accounting
St. Augustine University of Tanzania
Mwanza11-2010
Advance Certificate of Secondary Education -
Mzumbe Secondary School
Morogoro02-2007
Ordinary Certificate of Secondary Education -
Pandahill Secondary School
Mbeya11-2004
Skills
- Accounting
- Financial reporting and analysis
- Leadership and organization
- Budget forecast, monitoring, and analysis
- Problem solving
- Risk assessment
- Microsoft Office
- Spreadsheet
- Budget management
- Bank reconciliation
Hobbies and Interests
- Playing Scrabble
- Football
- Music
- Movies
Training
- 2024, NBAA, The Accountants' Annual Conference
- 2023, AUDITAX, Comprehensive Practical IPSAS training
- 2021, PWC, IPSAS Practical Workshop
Languages
- Kiswahili
- English
References
- Simon Samwel, Senior Finance Manager, PACT TANZANIA, Plot no1486, Msasani Peninsula, Dar es Salaam, Dar es Salaam, 6348, ssamwel@pactworld.org, 0753208821
- Norbert Massay, Senior Mining Program Manager, PACT TANZANIA, Plot no1486, Msasani Peninsula, Dar es Salaam, Dar es Salaam, 6348, nmassay@pactworld.org, 0718312806
- David Sanga, Program and Training Specialist, United States Peace Corps, PO Box 9123, Dar es Salaam, Dar es Salaam, 9123, dsanga@peacecorps.gov, 0754000552
- Adam Mwalyambwile, Grants and Contracts Manager, US Contractor for USAID Heshimu Bahari Activity, PO Box 31326, Dar es Salaam, Dar es Salaam, 31326, amwalyambwile@HeshimuBahari.com, 0757733333
Personal Information
- Date of Birth: 03/04/87
- Gender: Male
- Nationality: Tanzanian
- Place of Birth: Mbeya
Languages
Kiswahili
First Language
English
Proficient (C2)
C2
References
References available upon request.
Timeline
Finance Officer - Management Accounting
PACT TANZANIA
08.2017 - Current
Project Accountant
DB SHAPRIYA CO LTD
03.2012 - 01.2017
ACPA - Processional Certification
National Board of Accountant And Auditors (NBAA)
CPA (T) - Graduate Accountant
National Board of Accountant And Auditors (NBAA)
Bachelor of Business Administration - Finance & Accounting
St. Augustine University of Tanzania
Advance Certificate of Secondary Education -
Mzumbe Secondary School
Ordinary Certificate of Secondary Education -
Pandahill Secondary School
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