PAULO SANKA
ACCOUNTANT
Dar Es Salaam
Summary
Experienced Senior Payment and Reconciliation Officer with over 2.5 years of expertise in managing and optimizing payment processing and reconciliation operations within high-volume financial environments. Skilled in overseeing end-to-end payment cycles, resolving discrepancies, and implementing efficient reconciliation processes to ensure accuracy and compliance regulation. Proven ability to lead teams, enhance operational efficiency, and contribute to strategic financial planning.
Achievements
- Streamlined payment processing workflows, reducing transaction processing time by 25% and improving overall operational efficiency.
- Led a project to automate reconciliation processes, which decreased manual errors by 40% and improved reconciliation accuracy.
- Successfully managed multi-currency payment operations, ensuring compliance with international financial regulations and reducing foreign exchange discrepancies by 15%.
- Successfully managed multi-currency payment operations, ensuring compliance with international financial regulations and reducing foreign exchange discrepancies by 15%.
- Collaborate with Bank assurance team to issue tax invoices and EFD receipt and follow up to receive funds on time
Overview
9
9
years of professional experience
25
25
years of post-secondary education
Work History
Finance Officer
DCB COMMERCIAL BANK PLC
Dar es Salaam, Dar es Salaam Region
4 2022 - Current
- Keeping accurate records for all daily transactions
- Managing all Payments including claims, per diem, Processing invoices and Taxes within time limit
- Generating and issuing invoices to customers based on goods sold or services provided
- Responsible for accurately processing payments received from customers or clients, ensuring all transactions are recorded correctly
- Verifying invoices for accuracy and completeness before processing payments and Disbursement of funds to vendors, suppliers, or other parties as per contractual agreements or purchase orders
- Monitoring overdue accounts and following up with customers to ensure timely payment, sending reminders or making collection calls as necessary
- Preparing and posting of month end entries like accrued expenses payable, amortization of prepaid expenses, depreciation charges of fixed assets
- Reconciliation of suspense accounts such as accrued expenses payable, prepaid expenses, stationery stock and others
- Ensuring that payments are made in accordance with company policies and procedures
- Daily preparation of liquidity and Net open Position reports and state the cause of big movement compared to previous report then share with the Finance team for review and share before 09.00am to management and treasury Department and submit to BOT before end of the day
- Daily preparation of Forex report, share to the Finance department and treasury and submission to BOT before 18.00 pm
- Biweekly preparation of SMR report, share to Finance and treasury before 10.00 am and submission to BOT before end of the day
- Supporting other units to facilitate different reports according to their needs.
Credit officer
DCB COMMERCIAL BANK PLC
03.2017 - 04.2022
- Review loan requests
- Assess clients' financial status
- Evaluate creditworthiness and risks
- Contact clients to gather financial data and documentation
- Analyse risks and approve or reject loan requests
- Calculate financial ratios (e.g
- Credit scores and interest rates)
- Set up payment plans
- Maintain updated records of loan applications
- Follow up with clients about loan renewals
- Monitor progress of existing loans.
General Internal Services Officer
CITI BANK TANZANIA
07.2015 - 09.2015
- Invoices Processing
- Fixed Asset verification
- Cheque Handling process
- Transport Management
- Mails Handling
- Month End Process-Accruals and Depreciation
- Financial Statement Analysis.
Education
Bachelor of Commerce And Management in Finance
University of Dar Es Salaam (UDSM)
Dar Es Salaam 10.2013 - 07.2024
ASCE-EGM, Advanced Level - Social Sciences
Lyamungo High School
KilimanjaroSome College (No Degree) - Social Sciences
Dareda Secondary School
Babati-Manyara 09.2010 - 09.2024
Skills
Financial Administration
Accounts Payable
Financial Statements
Bank Reconciliation
Accounts Receivable
Fixed Asset Management
Personal Information
- Place of Birth: MANYARA - Babati
- Date of Birth: 03/14/1992
- Gender: Male
- Nationality: TANZANIAN
- Marital Status: Married
Trainingandachievements
- Computer Training, University Of Dar es salaam (UDSM), 2016
- Military Training, Msange 823KJ Tabora, 2013
Languages
Kiswahili
English
References
- Mr.Felician GIRAMBO, FINCA MICROFINANCE, CHIEF OF COMMERCE OFFICER, 255767835643, feliciangirambo@finca.co.tz
- Mr. Philip KABADI, EQUITY BANK, FINANCE MANAGER, 255749725751, philipkabadi@gamil.com
- Mr.Jackson Singooi, DCB COMMERCIAL BANK PLC, FINANCE SUPERVISOR, 255753818703, jsingooi@dcb.co.tz
Disclaimer
PAULO MICHAEL SANKA, 10/05/2024
Learning new skill
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Timeline
Credit officer
DCB COMMERCIAL BANK PLC
03.2017 - 04.2022
General Internal Services Officer
CITI BANK TANZANIA
07.2015 - 09.2015
Bachelor of Commerce And Management in Finance
University of Dar Es Salaam (UDSM)
10.2013 - 07.2024
Some College (No Degree) - Social Sciences
Dareda Secondary School
09.2010 - 09.2024
Finance Officer
DCB COMMERCIAL BANK PLC
4 2022 - Current
ASCE-EGM, Advanced Level - Social Sciences
Lyamungo High School
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