About

Kakwete Sitali is a seasoned Finance professional with over 14 years of work experience in Finance, Accounting, Internal Controls, Risk Management, Compliance and a holder of an MBA in International Business, Bachelors of Business in Applied Accounting and Chartered Institute of Management Accountants (CIMA Managerial Level).

Skills

  • English
    8

Experience

kakwete sitali

Education
  • International Entrepreneurship- Distinction
  • International Economics and Innovation- Distinction
  • Finance and Management Accounting- Distinction
  • International Business Finance- Distinction
  • Foundations of Scholarship and Research- Merit
  • Global Business and Sustainability- Credit
  • Global Strategy and Practice- Merit
  • Managing Across Cultures- Credit
  • International Business Project -Credit

kakwete sitali

Work experience
  • Coordinate and facilitate internal and external audits, ensuring accurate and timely preparation of financial statements for audit.
  • Maintain a comprehensive understanding of financial transactions, records, and systems to support audit requirements.
  • Collaborate with auditors, Office Bearers, as well as the Board of Directors to address inquiries, provide necessary documentation, and implement audit recommendations.
  • Review and maintain the Finance Manual ensuring its adequacy with standards, adherence to established accounting principles, and donor-specific requirements.
  • Ensure compliance with financial regulations and accounting standards (Generally accepted accounting standards and local standards).
  • Establish and maintain financial systems and internal controls to safeguard assets and ensure accurate financial reporting by US GAAP and IFRS.
  • Lead the development, implementation, and monitoring of annual budgets in collaboration with relevant departments.
  • Analyze financial data and trends to provide insights for informed decision-making and budget adjustments.
  • Identify areas for cost optimization and revenue enhancement while maintaining operational efficiency.
  • Prepare and present regular budget variance reports and financial performance updates to senior management. as well as the National Advisory Committee through the audit and finance committee.
  • Stay up to date with local financial regulations, tax laws, and reporting requirements to ensure full compliance.
  • Prepare and submit accurate tax filings and other financial reports to local authorities as required.

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