ZARIA SAID NAHOZA
Dar es Salaam
Summary
Seasoned Director of Internal Audit and EIMS with a proven track record at EAST AFRICA CRUDE PIPELINE PROJECT (EACOP) and Tanzania Petroleum Development Cooperation (TPDC). Expert in establishing robust audit frameworks and enhancing financial controls. Excelled in leadership, fostering team growth, and leveraging Microsoft Office skills to streamline processes. Demonstrates exceptional communication abilities and a commitment to continuous learning.
Overview
15
15
years of professional experience
Work History
Director of Internal Audit and EIMS
EAST AFRICA CRUDE PIPELINE PROJECT (EACOP)
02.2023 - Current
- Establishment of the Internal Audit function including initial development and preparation of all relevant guiding documents; Internal Audit Charter & Internal Audit Manual
- Planning the Auditing engagements including budgeting, identification of key areas of risks and decide on appropriate procedures to be done from its initiation to Reporting
- Supervision and monitoring the conduct of internal audit function; preparation of risk-based Audit Annual plan, risk assessment, work programs and audit execution, review the engagement risk assessment, control identification and testing exercise
- Reviewing company’s internal controls over financial and management reporting and identifying significant deficiencies and material weaknesses in the design or operation of the controls that could adversely affect company’s operations and advise accordingly
- Review all Internal Audit reports, Communicating the issues to auditee, submission of the reports to Management and the board
- Conduct annual performance reviews
- Managing shareholders contractual audits and investigations as per EACOP shareholder’s agreements
- Liaising with all shareholders during audits and investigations as needed, to ensure all request of documents and other instructions are carried out in timely manner and areas of concern are addressed properly by EACOP management
- Promoting quality through coaching team member, performing detailed review of their work and ensuring conclusions reached are supported by sufficient and appropriate audit evidence
- Ensuring that all audit action plans are tracked, and management is informed accordingly
- Prepared presentations for board meetings summarizing key developments within the company.
- Collaborated with senior leadership to set long-term objectives for the company.
- Provided leadership, insight and mentoring to newly hired employees to supply knowledge of various company programs.
Director of Planning & Performance
EAST AFRICA CRUDE PIPELINE PROJECT (EACOP)
03.2022 - 02.2023
- Manage and train the Performance and Planning team members
- Coordinate a corporate wide planning of activities between construction, operation, commercial, legal and administration
- In Liaison with Finance to coordinate yearly work program and budget and submit the same to the board
- Maintain and update on annual basis EACOP CAPEX, OPEX
- Manage and supervise the development of EACOP Integrated Management systems
- Manage the development, implementation and documentation of EACOP Corporate processes
- Identified opportunities for improvement in existing policies, programs, or systems.
- Monitored budget allocations allocated towards various planning activities.
- Developed and monitored annual operating plans, capital budgets, debt capacity, and financial performance metrics.
- Prepared reports summarizing progress of ongoing projects for senior management review.
- Liaised between planning teams and outside departments to build solid partnerships and accomplished shared goals.
Head of Internal Audit Unit
Tanzania Petroleum Development Cooperation (TPDC)
03.2017 - 02.2022
- Company Overview: Subsidiary: GAS COMPANY TANZANIA (LTD) (GASCO)
- Supervise, coordinate, review and participate in preparing internal audit plan
- Supervise, coordinate, review and participate in preparing audit engagement plan and work programs for audit assignments
- Produce internal audit reports that enable Governing Board to make informed decisions on the effectiveness and Efficiency of management
- Submit regular internal audit reports to the General Manager and Chairman of the Company Governing Board
- Participate and coordinate the audit of financial statements with external auditors
- Provide consultation to management on the issues of compliances, governance, risk management and internal control
- Manage, review, rate, and monitor work performance of subordinates and their subsequent appraisal via OPRAS form annually; and
- Perform other management roles as assigned by General manager: Teamwork management roles such as member of management, member of appointment committee and member of disciplinary committee
- Subsidiary: GAS COMPANY TANZANIA (LTD) (GASCO)
Internal Audit Officer
Tanzania Petroleum Development Cooperation (TPDC)
07.2010 - 09.2015
- Verification of Production Sharing Agreement (PSA) cost to determine whether the costs are allowable as per PSA agreements
- Team Leader in PSA cost verification assignments (Beach Petroleum, Afren-Tanzania and Heritage Oil)
- Organize new audit engagement and Exit meetings with Oil and Gas Operators
- Prepare Cost Verification Reports
- Perform adjustments of cost recovery statements following completion of audit
- Update TPDC’s cost recovery database and
- Maintain PSA cost verification correspondences with operator
- Performed financial and operational audits to evaluate the effectiveness of internal controls, accuracy of financial records, and compliance with applicable laws and regulations.
- Developed audit plans based on risks identified in the initial risk assessment process.
- Prepared detailed audit reports outlining findings, conclusions, and suggested corrective actions.
- Collaborated with external auditors during annual reviews or other special projects as needed.
- Presented audit results to management teams, delivering information in non-technical terms for easy understanding.
- Documented evidence gathered throughout the course of an audit investigation.
- Performed audits of operational and financial areas to check compliance.
Education
Associate Certified Public Accountant (ACPA-T) -
National Board of Accountants and Auditors (NBAA)
01.2023
MBA - Oil and Gas Management
Robert Gordon University
Scotland, United Kingdom01.2016
Certified Public Accountant (CPA-T) -
National Board of Accountants and Auditors (NBAA)
01.2012
Bachelor of Commerce - Accounting (Hons)
University of Dar es Salaam
Dar es Salaam, Tanzania01.2008
Skills
Willingness to learn I updated my Microsoft skills (Excel and Word) through training courses and my own learning
Good communication and presentation skills: I have improved my communication and presentation skills during my full-time master's degree in the United Kingdom and also by being a member of GASCO management since 2017,
Leadership and supervisory skills: I have been a member of GASCO management for the past four years, heading an internal audit unit consisting of four auditors This post has improved my leadership and supervisory skills
Accomplishments
- Providing assurance and consultation to GASCO management and Governing Board on the efficiency and effectiveness of internal control, governance, risk management and compliance to the internal policies, standards and laws.
- Ensure that GASCO complies with International Financial Reporting Standards (IFRS), Public Finance Act 2008, Public Procurement Act 2011 and its Regulations of 2013.
- Internal audit reports to Management and GASCO Governing Board (Procurement audit reports, audit reports on Plant and Pipeline Operations and Maintenance, HSE compliance audit reports, Security operations audit report, Finance and Accounts audit report, HR and Administration audit reports)
- Satisfactory compliance to Public Procurement Act and its Regulations with 76% audit score on audit conducted by Public Procurement Regulation Authority (PPRA) for the FY 2019/2020.
- Decrease in the number of audit queries in the Management Letter contrary to the previous years and unqualified audit reports for FY 2018/2019 and 2019/2020.
- Improved security situation along the pipeline and compliance to implementation of security contracts.
- Minimization of cost of fuel using Government Procurement Service Agency (GPSA) instead of card system which had control weaknesses.
- Registration of GASCO in BRELA (GASCO Revival) - GASCO was fully registered.
- Formulation of Internal Audit unit at GASCO - Full functioning Internal Audit Unit.
- Ensure that GASCO is following applicable internal procedures and external regulatory requirements - GASCO’s annual certificates of compliances to the Regulatory Bodies and Agencies.
- Preparation of GASCO audit charter, Internal audit manual and Risk Register - Availability of GASCO audit charter, manual and Risk Register.
- Verification of Production Sharing Agreement (PSA) Cost Recoverability - Successfully Verified Cost for five (5) Production Sharing Agreement (PSAs) which were entered between TPDC and Oil and Gas Upstream Operators; Managed to save and recover $28 Million ($22 Million-wrongly recovered tariff and $6 Million-other wrongly charged operation expenses while verifying cost for Pan African Energy incurred between 2001 and 2009; and Managed to save and recover $16 Million while verifying cost for Maurel and Prom Upstream Operator which were incurred between 2004 and 2009.
Timeline
Director of Internal Audit and EIMS
EAST AFRICA CRUDE PIPELINE PROJECT (EACOP)
02.2023 - Current
Director of Planning & Performance
EAST AFRICA CRUDE PIPELINE PROJECT (EACOP)
03.2022 - 02.2023
Head of Internal Audit Unit
Tanzania Petroleum Development Cooperation (TPDC)
03.2017 - 02.2022
Internal Audit Officer
Tanzania Petroleum Development Cooperation (TPDC)
07.2010 - 09.2015
Associate Certified Public Accountant (ACPA-T) -
National Board of Accountants and Auditors (NBAA)
MBA - Oil and Gas Management
Robert Gordon University
Certified Public Accountant (CPA-T) -
National Board of Accountants and Auditors (NBAA)
Bachelor of Commerce - Accounting (Hons)
University of Dar es Salaam
Languages
- English, Fluent
- Swahili, Fluent
Training History
- 06/2021, Auditing in Oil and Gas Industry Quality Management Systems, Commonwealth Institute, Dubai, UAE
- 10/2020, Succession planning, Employees Coaching and Mentoring, ESAMI, Arusha, Tanzania
- 05/2019, Leadership, Mentoring and Coaching skills development, George Yambesi, P.S -President’s Office, Public Service Management and Kassim Hussein, PhD, Arusha, Tanzania
- 06/2015, Accounting Procedures in Production Sharing Contracts, CWC SCHOOL FOR ENERGY, London, UK
- 06/2013, Understanding Petroleum Fiscal System, CWC SCHOOL FOR ENERGY, Dar es Salaam, Tanzania
- 09/2012, Auditing in Oil and Gas Industries, MDT INTERNATIONAL, Dubai, UAE
- 03/2012, Introduction to Oil and Gas Industry, Accounting in Oil and Gas, MDT INTERNATIONAL, London, UK
References
- Geofrey Mponda, HR and Corporate Affairs Director, EAST AFRICA CRUDE PIPELINE PROJECT (EACOP), Dar es Salaam, +255753487127, geofrey.mponda@eacop.com
- Charles Nyangi Kangoye, Head of Local Content and Stakeholder Engagement Unit, Petroleum Upstream Regulatory Authority (PURA), Dar es Salaam, +255783163005, cnyangi.kangoye@gmail.com
- Baltazari Thomas Mrosso, General Manager, GASCO (Subsidiary of TPDC), Dar es Salaam, +255754590486, baltazar@tpdc.co.tz
Languages
- English, Fluent
- Swahili, Fluent
Training History
- 06/2021, Auditing in Oil and Gas Industry Quality Management Systems, Commonwealth Institute, Dubai, UAE
- 10/2020, Succession planning, Employees Coaching and Mentoring, ESAMI, Arusha, Tanzania
- 05/2019, Leadership, Mentoring and Coaching skills development, George Yambesi, P.S -President’s Office, Public Service Management and Kassim Hussein, PhD, Arusha, Tanzania
- 06/2015, Accounting Procedures in Production Sharing Contracts, CWC SCHOOL FOR ENERGY, London, UK
- 06/2013, Understanding Petroleum Fiscal System, CWC SCHOOL FOR ENERGY, Dar es Salaam, Tanzania
- 09/2012, Auditing in Oil and Gas Industries, MDT INTERNATIONAL, Dubai, UAE
- 03/2012, Introduction to Oil and Gas Industry, Accounting in Oil and Gas, MDT INTERNATIONAL, London, UK
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