Silvanus Mathias
SHINYANGA
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Summary
Intelligent Accountant with strong GAAP expertise,IFRS knowledge and data analysis expertise. Commended for successfully directing accounting team and maintaining timely operations in challenging environments. Results-oriented leader possessing first-rate process management skills to complete tasks within budget and on time. Results-oriented Accountant with Ten(10) years of experience in accounting, Banking and Finance -related settings. Quick and eager learner with acute attention to detail and consistent track record of identifying process improvements to drive quality, accuracy and efficiency.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Accountant
Musoma Food Co Ltd
Shinyanga
02.2019 - Current
- Duties and Responsibilities Timely and accurate preparation of financial accounts of the company in line with the local and international laws, accounting standards and generally acceptable practices.
- Provide timely and effective information to the Managing Director regarding performance of the Company through various MIS Reports.
- Developed and documented business processes and accounting policies to maintain and strengthen internal controls.
- Analyzed revenue and expenditure trends and recommended appropriate budget levels to business operations leaders.
- Examined budget estimates for completeness, accuracy and conformance with procedures and regulations.
- Monitoring business performance and sharing sharp insights on various business issues on a regular basis.
- Preparation of Budgets and forecast reports including monitoring of performance against the budget and raising timely alarms on possible budget breach and recommend corrective actions.
- Ensuring adherence to the financial policies for approval of various expenses and controlling of expenses against budget.
- Monitored balance sheets and income statements to evaluate financial performance.
- Maintained accurate invoice summaries and collection records to enhance monitoring of billing and cash inflows.
- Arranges for working capital for smooth running of company operations mainly by collection of debts within agreed time
- Including timely preparation of cash flow/fund flow forecasts and planning the weekly/monthly fund availability
- Timely closure of reconciliation with customers and resolving their queries, including timely and correct customer invoicing and timely dispatch of Invoices.
- Managing and facilitating periodic statutory and other audit, including to ensure verification by various government agencies like Tax, custom and other authorities
- Ensure compliance to Tax, customs, VAT and other applicable laws
- Time filling of returns and proper calculation of various tax deductions
- Prepare payroll and supervise payment of wages and salaries.
- Interacted with internal, external auditors, consultants and other professional agencies to help complete audits and resolve issues.
- Prepared monthly and year-end closing statements, financial documents and invoices.
Finance Officer
FBME Bank Ltd
Dar Es Salaam
12.2013 - 07.2017
- And Responsibilities Financial Control: Ensuring correct authorization of payments in the system and that payment are in line with established budgets and the company financial policy
- Compiled operational and risk reports detailing financial metrics to help management make proactive decisions.
- Preparation and Submission of BOT Reports inrespect of Daily,Weekly,Bi-Weekly,Monthly and
- Worked with senior management to define standards, policies, procedures and organizational enhancements to meet company goals for finance.
- Conducted audit procedures and documented results to evaluate internal control effectiveness.
- Created and enforced company-wide controls regarding revenue and expenses in concerted effort to protect organization's assets.
- Worked with regulatory representatives to complete accurate filings and maintain compliance.
- Quarterly Reports, Including Compilation of BOT Queries and information requested for offsite inspections
- Variance analysis between Budgeted and actual achievement for both income and expenses and initiating corrective action.
- Maintaining Fixed Asset register, updates and ensuring their existence and maintaining a balance with the system.
- Planned and coordinated risk mitigation strategies to protect company assets.
- Coordinating reconciliation for all branches, suspense accounts, Nostro accounts and bill payments include making follow ups on outstanding items in reconciled accounts.
- Prepare and maintain Payroll and ensure timely payment and filling of statutory deductions thereof Including PAYE, SDL and NSSF
- Monitor and control budgeting provisions and trends.
- Oversaw all postings and reconciliation of ledgers and accounts.
- Prepared month-end accruals and necessary journal vouchers to facilitate month-end closing.
- Created and updated financial reports on frequent basis to present information to leadership teams.
- Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
- Coordinated preparation of external audit materials and external financial reporting.
Treasury Dealer
FBME Bank Ltd
Dar Es Salaam
09.2010 - 11.2013
- Performed: Foreign Exchange trading
- Money Market Dealing.
- Bank’s Liquidity Management.
- Assets/ Liabilities Management.
- Preparation of Reports (ALCO, Executive Committee, Liquidity Analysis )
- Maintenance of Books of Accounts & Reconciliation.
- Followed Bank of Tanzania and state regulations along with company policies.
- Worked successfully with diverse group of coworkers to accomplish goals and address issues related to our products and services.
- Demonstrated leadership by making improvements to work processes and helping to train others.
- Prioritized and organized tasks to efficiently accomplish service goals.
- Identified needs of customers promptly and efficiently.
Education
Advanced Diploma In Banking And Finance(ADBF) -
06.2010
- Major; Banking and Finance
- Minor; MIS & Computer application, Accounting and Business Management
Advanced Certificate of Secondary Education(ACSEE) - Economics, Accountancy and Commerce
02.2007
Certificate of Secondary Education(CSEE) - Commerce
11.2004
Certificate of Primary Education(CPEE) -
09.2000
Skills
- Microsoft Office: Ms Word, Ms Excel, Ms Access, Ms Power Point and Publisher
- Accounting Packages Software; Tally EPR 9,Quick Book
- Systems Software; Flex cube corporate, Flex cube java and Flex cube Business
- Financial planning,reporting and Analysis
- Financial Portfolio Management
- Statutory Reporting
- Financial Management
- Tax law understanding
- Cash Flow analysis
References
Maajabu Mussa Gilla - Operations Manager, Musoma Food Co Ltd P.O Box 433, Shinyanga Mob: +255 625 443 534 Email:maajabu.gilla@gmail.com Shinyanga.
Peter Mkenda - Senior Dealer Forex and Fixed Income, ABSA Bank Tanzania Mob : +255 753 034 710 Email:Pmkenda@gmail.com Dar es salaam.
Majura Mfungo - Accountant, I & M Bank Ltd P.O Box 1509, Mob: +255 754 590 735/ +255 784 848 446 Email: MMfungo@imbank.co.tz majuralen@yahoo.com Dar es salaam.
Languages
Certification
- Certificate of Attendance in 2019, for attending a Forum on INNOVATIVE TECHNOLOGIES AND ALTENATIVE ENERGIES, conducted by MEDA from 05 - 07th December 2019.
- Certificate of Attendance in 2011, for attending a Training on BOT COMPLIANCE: FORM 16 SERIES AND SCHEDULES, conducted by BOT from 21-25th February 2011.
- Certificate of Attendance in 2011, for attending a Training on BANKING FINANCIAL MANAGEMENT, conducted by Tanzania Institute of Bankers (TIOB) from 11-15th July 2011.
- Certificate of Attendance in 2012, for attending a course on BOT PRUDENTIAL REGULATIONS 2008, conducted by BOT from 23-27th April 2012.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Accountant - Musoma Food Co Ltd
02.2019 - Current
Finance Officer - FBME Bank Ltd
12.2013 - 07.2017
Treasury Dealer - FBME Bank Ltd
09.2010 - 11.2013
Institute of Accountancy Arusha(IAA) - Advanced Diploma In Banking And Finance(ADBF),
Azania Secondary School - Advanced Certificate of Secondary Education(ACSEE), Economics, Accountancy and Commerce
Kaloleni Secondary School - Certificate of Secondary Education(CSEE), Commerce
Ngarenaro Primary School - Certificate of Primary Education(CPEE),
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