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Madalitso Lowole B.ACC ACCA, CPFA, MBA
Head of Financial Management , Africa Union Headquarters
Addis Ababa, Ethiopia
A Chartered Accountant-ACCA and A Cross-sector, analytical, and strategic international development professional with over 20 years leading complex, multimillion-dollar financial programs.
Send email Contact Madalitso Lowole B.ACC ACCA, CPFA, MBA
Area of Expertise:
  • Administration, Management, Finance/Accounting, Procurement
  • Capacity Building, Training, Advocacy
  • Disaster, Aid, Emergencies, Relief
  • Government, Governance, Reforms
  • Trade, Finance, Economics, Cooperation, Global
Professional Experience:
Cross-sector, analytical, and strategic international development professional with 20 years leading complex, multimillion-dollar financial programs - in-country and regional - to include expertise in IF4D, IPSAS public sector accounting and budgeting, cash and cashless systems, global disbursements, audits, and reconciling program expenditures with investor/donor requirements - across fragile, remote, and/or post-conflict geographic settings. ? Diplomatic and effective interlocutor between and amongst NGOs (Save the Children, Habitat for Humanity), multilaterals (UNICEF, WFP, EU), global donors/investors (World Bank), governments/ministries/secretariats, and diverse actors across the international finance spectrum with fluency in economic development, infrastructure, agriculture, gender, trade, and legal affairs - from HQ to the district level. ? Extensive experience leading multinational teams, trainees, consultants, advisors, and expansive public/private partnership networks with expertise distilling financial and regulatory complexities to ensure capacity building, and identification of benchmarks, milestones, and needed course corrections to establish trust, accountability, resiliency, and sustainability. ? Countries of Work Experience: Ethiopia, Malawi, Bangladesh, Mozambique, Zambia, Kenya, Turkey, Lesotho, South Africa, Zimbabwe; languages: English (fluent), French (Intermediate).

Skills and expertise

Skills

Excellent analytical skills

Outstanding interpersonal skills

Effective coaching and mentoring abilities

Excellent Time Management Skills

Project Management Skills

Technical competence in Advance Corporate reporting

Training and Development Specialist

Budgeting and Budgetary Process Skills

Languages: English (fluent), French (Intermediate)



Key Competencies

Diplomatic and effective interlocutor between and amongst NGOs (Save the Children, Habitat for Humanity), multilaterals (UNICEF, WFP, EU), global donors/investors (World Bank), governments/ministries/secretariats, and diverse actors across the international finance spectrum with fluency in economic development, infrastructure, agriculture, gender, trade, and legal affairs – from HQ to the district level.
Extensive experience leading multinational teams, trainees, consultants, advisors, and expansive public/private partnership networks with expertise distilling financial and regulatory complexities to ensure capacity building, and identification of benchmarks, milestones, and needed course corrections to establish trust, accountability, resiliency, and sustainability.
Drafting and presenting annual reports - ensuring compliance with Applicable Accounting Standards (IPSAS)

Formulating budgets, conducting variance analysis to determine difference between projected & actual results (income / expenditure) and implementing corrective actions

Monitoring cash flow by taking adequate measures for optimum utilization of available funds; developing effective framework on the basis of tax assessment for acceptable levels of residual risk

Designing and Implementing systems, procedures & manuals for preparation & maintenance of statutory books of accounts and financial statements in SAP

Assisting in the development of annual and long-range plans that link business strategies to operational plans and the expected range of financial results

Attending & conducting Internal & Statutory audits, evaluating internal control systems with a view to highlight shortcomings and implementing recommendations provided by auditors as per corporate rules & regulations

Ensuring timely preparation of corporate financial statements and annual financial reports, ensuring compliance with Accounting the Applicable Standards

Building and maintaining healthy business relations with clients, ensuring high customer satisfaction metrics by achieving delivery & service quality norms



Education:
I am Chartered Accountant ACCA (member) and also a Member of of the Chartered Institute of Public Finance and Accountancy (CPFA). I hold a Bachelours Degree in Accounting and as I am typing I am completing my MBA (2modules)from Herriot Watt University.
Affiliations and Achievements:
Chartered Accountant -ACCA
Member of CPFA
CPA (MW)

Completing MBA -Clearer 7 of 9 Modules.Currently Finishing the remaining Modules this April 2022



Areas of expertise

Skilled in managing finance & Corporate reporting encompassing finalization of accounts, tax planning, scrutiny of general ledger & settlement of payments in coordination with all suppliers / stakeholders (internal & external) and managing accounts payable as per pre-set parameters as well as reconciliation in Public Sector

Proven skills in cash management ie projecting accurate cash forecast to ensure that there is no cash shortage in hand; expertise in taking adequate measures to monitor inflow / outflow of funds towards accomplishment of corporate objectives

Proficient in ensuring maintenance of proper records as per the audit requirements & documentation of all high risk areas and identifying the improvement areas

Pivotal in analyzing financial viability of new projects, leading required operations, instituting financial controls & discipline and discharging functions effectively

Gained international exposure by visiting various countries undertaking financial & audit assignments and imparting SAP and IPSAS trainings to employees

Experienced facilitator of workshops (IPSAS, Ethics and SAP FICO, Programme and Travel)

Competent in drafting , reviewing & enhancing all financial procedures and internal controls, automating & integrating financial information systems, preparing financial forecasts with coordinated budget projections, and developing a plan to finance significant unfunded capital authorizations

An enterprising leader with skills in leading & training personnel towards accomplishment of common goals.

Available for:
  • Job opportunities

    Years of Experience:
    More than 20 years
    Highest Qualification:
    Masters
    Languages:
    English, French
    Nationality:
    Malawi
    LinkedIn Profile: Madalitso.lowole
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