Katrina Ambunda
Windhoek
Summary
As the Manager of Finance and Administration at the Environmental Investment Fund of Namibia (EIF), I oversee all financial and administrative operations, including project and grant management, loan management, fixed assets management, financial reporting, budgeting, audit controls, and people and administrative management. With 13 years of experience in finance and administration, including 8 years in project and management accounting, and holding a Chartered Development Finance Analyst (CDFA) credential, I possess expertise in development finance, impact investing, and innovative finance. I excel in writing detailed reports and budgets, conducting thorough financial analyses, and strategizing for optimal client services. My proficiency extends to cash and record maintenance, account reconciliations, and financial reporting using Sage X3 ERP System. I have successfully managed the financial aspects of projects funded by various donors, including the Green Climate Fund, GIZ, UNDP, UNEP, UNOPS, UNCCD, and GEF. My exceptional performance has been recognized with awards, including being named the second-best employee of the year in 2022 at EIF and in 2015 at Gadgets Namibia.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Acting Chief Financial OFFICER (Executive Committee)
Environmental Investment Fund of Namibia
Windhoek
01.2024 - Current
- Oversee the organization's financial resources to optimize allocation and utilization, supporting its objectives through activities such as budgeting, financial planning, cash flow management, and comprehensive reporting and analysis.
Manager: Finance & Administration (Management)
Environmental Investment Fund of Namibia
Windhoek
01.2023 - Current
- Supervising the comprehensive management of 18 supported projects from diverse donors, ensuring strict adherence to finance management policies and project agreements
- Prepare and manage the implementation of financial policies and procedures of the institution
- Preparation of Institutional Annual Budget and present to the Executive Committee, Sub-Committees, and the Board
- Review monthly bank reconciliations, Accounts Payable and Accounts Receivable reconciliations
- Review monthly project and grant recipient financial progress reports
- Review monthly loan repayments on loan management system
- Review fixed assets captured on the Fixed Asset Register, Performs reconciliations between Fixed Asset Register and General Ledger
- Monthly Payroll Management entails overseeing all payroll transactions on the accounting system and Sage X3, ensuring prompt payment and submission of third-party payments and returns
- Develop monthly financial management reports and quarterly statements
- Collaborating with both internal and external auditors and monitoring implementation of external and internal audit findings
- Fostering positive relationships with stakeholders and pertinent regulatory bodies
- Developing and monitoring division staff KPAs and implementing performance management, coaching, and mentoring initiatives
- Directed all financial and accounting operations for eighteen supported projects, overseeing the fund budget and managing an annual total exceeding N$694 million across organizational and project budgets.
ACTING Manager: Finance & Administration (Management)
Environmental Investment Fund of Namibia
Windhoek
11.2022 - 12.2022
Project Accountant (Supervisor)
Environmental Investment Fund of Namibia
Windhoek
04.2018 - 12.2022
- Provide sound financial and administrative support to the supported projects
- Preparation of project operation and capital expenditure budget
- Coordination of all monthly reconciliations of creditors, debtors, month end journals nominal ledger and balance sheet accounts
- Prepare monthly and quarterly financial reports or statements for supported projects
- Management of project's assets and procurement process
- Compiled general ledger entries on short schedule with 100% accuracy
- Tracked monthly defaulted donors through self-developed report system
- Organized and carried out efficient month-end, quarterly and year-end processes
- Contributed to financial management conversion by performing functionality, capability, and system integrity testing prior to launch
- Collaborating with both internal and external auditors
- Oversaw all finance and accounting functions for Twelve (12) supported projects, managing N$60 million in annual projects budgets.
Project Assistant Accountant
Environmental Investment Fund of Namibia
Windhoek
04.2016 - 03.2018
- Supporting external and internal Auditing
- Provide sound administrative support to the supported projects
- Perform monthly bank reconciliation
- Compile quarterly and yearly Financial Reports for projects
- Support the Director of Finance with supported projects budgets preparations
- Processing of supported projects monthly transactions in the accounting system including any adjusting journal entries.
Accountant (Middle Management)
Gadgets Namibia
Windhoek
05.2014 - 03.2016
- Second Best Employee of the Year 2015
- Handled middle management duties, including supervising seven employees
- Handled Payroll, Logistics, and Assist the Sales Department
- Handled accounting duties including approving purchase orders and requisitions, authorizing payments, preparing weekly and monthly financial reports, auditing shop sales weekly and monthly, reconciling creditors and debtors, and reviewing monthly bank reconciliations
- Managed accounting responsibilities such as verifying budget availability before payments, collaborating with the Managing Director in 2015 and 2016 budget preparation to align with financial policy requirements, and developing and implementing financial policies
- Tracked three offices and headquarters in areas such as revenue, budgets, and expenses
- Decreased monthly expenditures by 20% through effectively reviewing documents and identifying problem areas.
Chief Finance Officer (Management)
Believers' LoveWorld Incorporated
04.2012 - 04.2014
- Leading the finance department which consisted of ten (10) employees
- Reviewing third parties’ payments
- Review management financial reports
- Delivered training and development to all Finance Officers across the regions with ongoing supervision for progression and best practice improvements
- Decreased monthly expenditures by 15% through effectively reviewing documents and identifying problem areas
- Handled two years payroll information for accurate and timely submission and processing
- Developed and administered annual budgets following period of strong analysis and research
- Tracked ten (10) offices and headquarters in areas such as revenue, budgets, and expenses
- Identified improvement changes regarding key processes for internal controls and accounting procedures and brought this information to Managing Director
- Oversaw all finance and accounting functions, managing N$12 million in annual budgets
- Maintained compliance by developing and drafting financial policies and controls.
Accounts Assistant
Ministry of Justice
03.2010 - 03.2011
- Performed calculations for GIPF contributions, Medical Aid, Social Security, and PAYE for employees
- Managed invoice receipt from suppliers, verified invoices, invoiced, and prepared general expenses, alerted suppliers about cheque collections, and deposited clients' cheques.
Education
Management Development Programme - MDP
University of Stellenbosch, Business School
03.2023
Master of Commerce - Development Finance
University of Cape Town, Graduate School of Business
12.2022
Higher National Diploma - Business Management
Amity University
11.2017
Bachelor's Degree - Accounting and Finance
Namibia University of Science and Technology
04.2017
Higher National Diploma - Accounting and Finance
Polytechnic of Namibia
04.2012
Skills
- Lead prospecting
- Asset management
- Accounting Software Systems - Sage X3
- Budgeting and financial management
- Detail-orientated
- Quantitative and qualitative analysis
- Superior time management
- Financial modelling
- Problem Solving Strength
- Customer Relations Management
- Projects and management accounting
- Innovation and Creativity
- People Management
Leadership Experience
June 2020 to October 2022: Served as a Shopsteward for the bargaining unit
July to October 2021 : Chairperson of the Ah-hoc Finance Committee
Nov to Dec 2022 : Acting Financial Advisor to the Procurement Committee
Jan to Dec 2023 : Acted several occasions as a Chief Financial Officer
Jan 2024 to Current : Acting Financial Advisor to the Procurement Committee
Jan 2024 to Current : Member of the Executive Committee
Jan 2024 to Current : Invitee to the following Committees
- Finance Risk and Audit Committee
- Environmental Investment Fund Board Committee
Affiliations
- Chartered Development Finance Analyst - Chartered Institute of Development Finance
- Business Accountant in Practice (SA) - South African Institute for Business Accountants
- Golden Key Member - Golden Key International Honour Society
Languages
- Oshiwambo: Native language
- English: C2 Proficient
Certification
- Analyzing Growth Drivers and Business Risks – Corporate Finance Institute
- Introduction to ESG – Corporate Finance Institute
- Introduction to Business Intelligence - Corporate Finance Institute
References
- Mrs. Aina-Maria Iiteta, Executive: Business Strategy and Performance Management, Environmental Investment Fund of Namibia, 081 273 9035
- Mr. Nesley Xarageb (former EIF Finance Manager), Head: Finance and It, Namibia Tourism Board, 081 274 6865
- Mr. Victor Nzaramba, Managing Director, ALTUS Information Communication Technology Formerly Gadgets Namibia, 081 149 9960
Timeline
Acting Chief Financial OFFICER (Executive Committee)
Environmental Investment Fund of Namibia
01.2024 - Current
Manager: Finance & Administration (Management)
Environmental Investment Fund of Namibia
01.2023 - Current
ACTING Manager: Finance & Administration (Management)
Environmental Investment Fund of Namibia
11.2022 - 12.2022
Project Accountant (Supervisor)
Environmental Investment Fund of Namibia
04.2018 - 12.2022
Project Assistant Accountant
Environmental Investment Fund of Namibia
04.2016 - 03.2018
Accountant (Middle Management)
Gadgets Namibia
05.2014 - 03.2016
Chief Finance Officer (Management)
Believers' LoveWorld Incorporated
04.2012 - 04.2014
Accounts Assistant
Ministry of Justice
03.2010 - 03.2011
Management Development Programme - MDP
University of Stellenbosch, Business School
Master of Commerce - Development Finance
University of Cape Town, Graduate School of Business
Higher National Diploma - Business Management
Amity University
Bachelor's Degree - Accounting and Finance
Namibia University of Science and Technology
Higher National Diploma - Accounting and Finance
Polytechnic of Namibia
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