Summary
Overview
Work History
Education
Skills
Languages
References
Timeline
Generic

Lorraine Ziba

Palatine

Summary

Results-driven individual with a solid track record in delivering quality work. Known for excellent communication and teamwork abilities, with a commitment to achieving company goals and delivering exceptional service. Passionate about continuous learning and professional development. Highly organized, trainable, and adjusted well to all types of environments, and work well with other employees, and in complete harmony with management.

Overview

15
15
years of professional experience

Work History

Treasury Accountant

Rubies Energy Zambia
Lusaka
06.2024 - 08.2024
  • Prepared monthly bank reconciliations and resolved discrepancies in a timely manner.
  • Managed banking relationships including opening new accounts or closing inactive accounts.
  • Performed financial analysis to evaluate capital structure decisions such as refinancing or restructuring existing debt agreements.
  • Investigated and resolved billing issues to maximize cash flow and minimize liabilities.
  • Collaborated with finance team members to develop cash forecasting models for budgeting purposes.
  • Performed research into banking products and services available from different providers.
  • Diminished financial discrepancies and accurately reconciled accounts using detailed data analysis results.
  • Calculated daily interest accruals on various loan accounts.
  • Developed a staff expense and reimbursement tracker to reduce user errors and increase reporting accuracy.
  • Monitored foreign exchange rates and currency exposures as needed.
  • Processed wire transfers, inter-bank transfers (DDACC and RTGS)
  • Assisted with developing short-term borrowing strategies to manage liquidity needs of the company.

Compliance Officer

First Alliance Bank (z) Ltd
Lusaka
08.2013 - 06.2024
  • Enforced regulatory policies and procedures across different teams and programs.
  • Maintained compliance frameworks, policies and documentation to support audits.
  • Analyzed data to provide insights and recommendations for mitigating conduct risk.
  • Maintained detailed database of compliance data, activities and actions taken.
  • Investigated potential violations of applicable rules and regulations.
  • Established internal controls and processes to support compliance through project management and engagement of key stakeholders.
  • Received inquiries and advised on regulations related to programs.
  • Followed up with licensees to verify adherence to requirements.
  • Collaborated with other departments to develop comprehensive compliance programs.
  • Adhered to deadlines in optimizing regulatory and operational performance.
  • Followed proper protocols for reporting suspected violations to internal personnel or outside governing agencies.
  • Conducted extensive research to support regulatory findings and control weaknesses.
  • Established working relationships with regulatory agencies.
  • Conducted risk assessments to identify areas of noncompliance or vulnerability.
  • Responded promptly to complaints received from employees or customers.
  • Liaised between regulatory agencies and internal departments to facilitate regulatory and related matters.
  • Ensured timely completion of periodic reports required by regulators.
  • Coordinated with external auditors during annual financial audits.
  • Stayed abreast of applicable laws and state or federal regulation to report violations.
  • Planned and executed compliance audits to check company policies, procedures and controls.
  • Assessed the effectiveness of existing processes and procedures related to compliance.
  • Evaluated proposed changes in laws or regulations that may affect business operations.
  • Prepared training materials related to regulatory changes or new policies and procedures.
  • Organized training programs to educate company staff on benefits and consequences of complying or defying regulations.
  • Reviewed records in cases of potential liability and determined compliance actions.
  • Conducted regular internal audits to ensure compliance with established standards.
  • Identified gaps in existing controls and recommended corrective actions as needed.
  • Developed and implemented strategies necessary for minimizing risk of non-compliance.
  • Monitored employee adherence to company policies, laws, and regulations.
  • Reported any identified discrepancies or irregularities to senior management.
  • Created and managed action plans to mitigate audit discoveries and compliance concerns.
  • Demonstrated strong problem-solving skills, resolving issues efficiently and effectively.

Assistant Accountant

Citimop Ltd
Lusaka
01.2010 - 07.2013
  • Assisted in the implementation of new accounting software and systems.
  • Processed accounts payable and receivable invoices in an accurate manner according to company policy.
  • Organized and maintained filing systems for all accounting documents.
  • Ensured compliance with relevant accounting standards and regulations.
  • Assisted in month-end and year-end closing processes.
  • Coordinated timely payments from vendors, clients, and account holders.
  • Monitored accounts payable and receivable statuses and delegated related tasks.
  • Assisted with budgeting by providing data for forecasting.
  • Gathered banking transactions via statements, recorded activity in Excel format and reconciled balances.
  • Reconciled vendor accounts and ensured timely payment of bills and expenses.
  • Coordinated with external auditors to facilitate annual audits.
  • Reconciled bank statements and resolved discrepancies in a timely manner.
  • Prepared ad-hoc financial reports as requested by management.
  • Monitored cash flow activities and forecast future cash requirements.
  • Prepared balance sheet reconciliations on a timely basis.
  • Maintained accurate accounts for cash, fixed assets and other transactions.
  • Prepared accurate financial statements in compliance with accounting principles.
  • Calculated and filed tax returns, ensuring compliance with local, state, and federal regulations.
  • Prepared financial statements and reports for management review.
  • Managed daily banking transactions, including deposits, withdrawals, and transfers.
  • Managed daily bookkeeping functions with attention to accounts receivable, accounts payable, banking reconciliation and disbursements.

Education

MBA -

Indiana Wesleyan University
Marion, IN

Master of Arts - Accounting

Zambia Insitute of Chartered Accountants
Zambia
09-2023

Bachelor of Science - Banking And Finance

University of Lusaka
Zambia
11-2020

Associate of Arts - Accounting

Association of Chartered Accountants
United Kingdom

Skills

  • Bank reconciliation
  • Financial analysis
  • Cash forecasting
  • Regulatory compliance
  • Interest accruals
  • Data analysis
  • Attention to detail
  • Effective communication
  • Multitasking Abilities
  • Account reconciliation
  • Risk management
  • Financial management
  • Internal controls
  • Problem-solving
  • Journal updating
  • Microsoft office
  • General accounting
  • Communication skills
  • Staff training
  • Fraud detection
  • Operating budgets
  • Cost accounting
  • Relationship management
  • Team building

Languages

English
Professional

References

References available upon request.

Timeline

Treasury Accountant

Rubies Energy Zambia
06.2024 - 08.2024

Compliance Officer

First Alliance Bank (z) Ltd
08.2013 - 06.2024

Assistant Accountant

Citimop Ltd
01.2010 - 07.2013

MBA -

Indiana Wesleyan University

Master of Arts - Accounting

Zambia Insitute of Chartered Accountants

Bachelor of Science - Banking And Finance

University of Lusaka

Associate of Arts - Accounting

Association of Chartered Accountants

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Lorraine Ziba