Peter Madalitso Yunusu
Grants Finance Management Specialist| Business Operation and Finance expert
Lilongwe,Malawi
Summary
A seasoned and highly experienced Grants Finance Management Specialist, Project Accounting, Business Operation and Finance expert, ICAM & MAB member, with over 15 years (6 years in Senior management) in Development Finance, Grants management, Treasury, Compliance and Risk, Budget Execution and Monitoring, Administration, Capacity building, Audit facilitation, Asset Management and Payroll management. Known for his work with leading international development donors i.e. FCDO, USAID, CDC/PEPFAR, OFDA, ECHO, EU, GIZ, Irish AID, UN Agencies (UNDP, UNFPA, UNICEF, WFP, UN Women, FAO). Dedicated to working hard in competitive environments. Known for top-of-the-line work and great service. He demonstrates knowledge of GAAP, IFRS and IAS and fiscal control principles. Pursuing full-time role that presents professional challenges and leverages interpersonal skills, effective time management, and problem-solving expertise.
Overview
1826
1826
years of professional experience
11
11
years of post-secondary education
Work History
Senior Accounts Coordinator
Alliance for Bioversity and CIAT
Lilongwe
12.2022 - 05.2024
- Contributed to the design, budget development, planning and organizing of work plans, in relation to the roll out, management and close out of the project's grant facility.
- Trained new and existing staff members in various operating procedures to prepare for job requirements.
- Led and Coordinated with the Business Finance Operations, Project Financial Analysis and Support (PLANS) team and Grants Management Unit, HR and Project Scientist.
- Enhanced day to day financial processes by streamlining bank transaction and reconciliation processing.
- Expedited vendor invoice settlements/payments by improving internal checks, document reviews and Cashflow monitoring.
- Strengthened compliance by ensuring timely submission of tax and levy returns, managed VAT claims, and maintaining monthly tax provisions, enhancing adherence to statutory requirements.
- Prepared monthly reconciliation of TB/balance sheet accounts and took corrective actions on deviations.
- Effectively coordinated project audits, risk mitigation, ensuring compliance and the timely project implementation of audit recommendations.
- Ensured all review changes to the grant agreement and subcontract implementation timelines or activities are well documented in notes to file or contract modifications.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
Grants Finance Manager
GOAL Malawi
Blantyre
04.2019 - 07.2022
- Conducted budget oversight, expense tracking, actively participated and provide guidance in budget management meetings, facilitated internal and external audits in the project lifecycle.
- Prepared grant milestones and subcontract deliverable payment requests including all required paperwork for the payment processing supported by technical reports.
- Reviewed payment vouchers recorded and posted journal vouchers ensuring accuracy, appropriate accounting codes, budget check and authorization.
- Prepared accurate donor financial reports and management accounts, ensuring timely submissions.
- Ensured high accurate calculation and regular payment of statutory obligations (PAYE, WHT, VAT).
- Supported partnership onboarding with due diligence analysis and capacity building for partners.
- Provided training and capacity building on grant policies, reducing resource mismanagement and effectively managing financial risks.
- Ensured to draft agreements, negotiate, process, manage and ensure compliance of all vendor contracts, subcontracts and consulting agreements.
- Provided compliance guidance on review of supplier pre-qualification, contracts assessments, and evaluation and selection of successful bidders ensuring value for money and quality standards.
Award Management Officer (Grants and Finance)
Save the Children International
Lilongwe
07.2016 - 12.2018
- Sub-award/grant management for consortium partners including OXFAM, GOAL, United Purpose, Concern Worldwide, COOPI and CEPA from pre-award, implementation, and post award reporting.
- Provided budget-holders with the information and training they require in order to understand donor guidelines, compliance issues and grant management procedures.
- Ensured quality assurance of budgets, revisions, and donor financial reports and coordinate budget Vs Actual variance analysis (BVA) meetings.
- Assisted in the preparation, forecasting, review and consolidation of the Master budget.
- Prepared successful proposal budgets, ensuring fair, appropriate cost allocations and supporting the forecast process and uploading phased budgets in AGRESSOs.
Finance, Awards and Compliance Officer
Elizabeth Glaser Pediatric Aids Foundation
Lilongwe
01.2014 - 06.2016
- Provided leadership support on grants administration, compliance and to administer sub-awards from start up to close out, ensuring have strong financial management systems that complies to transparency and accountability.
- Led and administered sub-awards: Mother2Mother, Lighthouse Trust, MACRO and Riders for Health.
- Ensured sub-recipients had strong financial management and data entry processing systems.
- Served as point person in the office for compliance ensuring proper review of internal finance and procurement policies and procedures such as tendering, solicitation, Requests for Quotations, Requests for Proposals, Invitations to Bid and regulations as well as applicable local statutory laws.
- Provided administrative support and periodic compliance training, capacity building to staff on key issues, business ethics and fraud prevention.
- Performed periodic compliance checks or assessments within the office and sub-offices and maintained detailed inventory records of all project fixed assets and verification reports.
- Assisted with internal and external audits to confirm compliance with applicable laws and regulations.
- Developed comprehensive training programs to increase employee awareness of compliance requirements and expectations.
- Managed relationships with regulators, maintaining open lines of communication to ensure transparent operations.
- Evaluated new regulations for potential impact on business operations, taking proactive measures to ensure readiness for implementation.
- Collaborated with cross-functional teams to address compliance concerns, fostering a culture of shared responsibility.
- Assisted in negotiating contracts with external partners, ensuring adherence to relevant regulatory requirements throughout the partnership lifecycle.
- Demonstrated adaptability in response to evolving industry standards, maintaining best practices in a dynamic regulatory environment.
- Enhanced regulatory compliance by developing and implementing comprehensive policies and procedures.
- Mitigated legal risks by proactively identifying gaps in existing policies and recommending improvements.
- Reduced the risk of financial penalties by conducting thorough internal audits on a regular basis.
- Promoted a culture of continuous improvement through ongoing evaluation and refinement of compliance program elements.
- Ensured timely identification of potential issues by establishing robust monitoring systems and controls.
- Spearheaded investigations into potential violations, promptly addressing issues to maintain company reputation and avoid sanctions.
- Designed risk assessment frameworks to evaluate organizational vulnerabilities and prioritize areas requiring attention.
- Implemented successful remediation efforts following audit findings, minimizing adverse consequences for the organization.
- Identified gaps in existing compliance processes and recommended updates.
- Conducted periodic compliance audits and reviews to identify areas of improvement.
- Developed risk assessment models to identify potential compliance risks.
- Mitigated potential financial penalties by proactively identifying and addressing compliance issues before regulatory reviews.
- Boosted staff compliance awareness with creation and delivery of engaging training sessions.
- Ensured continuous improvement in compliance practices by setting up feedback loop with key stakeholders.
Previous Jobs
Millennium Promise Alliance
Lilongwe
01.200 - 12.2013
- Finance Officer, Millennium Promise, July 2011- Dec 2013.
- Finance and Administrative Assistant, United Nations (UNDP), Lilongwe, Jan 2009 - June 2011.
- Finance and Administration Assistant, National Association for People Living with HIV/AIDS in Malawi (NAPHAM), Jan 2008.
Education
Masters in Business Administration (MBA) -
Eastern And Southern African Management Institute (ESAMI)
09.2014 - Current
Bachelor's Degree - Accounting and Finance
Blantyre International University
Diploma - Accounting
Institute of Chartered Accountants in Malawi (ICAM)
Skills
Excellent Communication (Oral and Written)
Computer knowledge in accounting software (AGRESSO, SAP Concur, AMIS, UN - GPS, ATLAS, QuickBooks, Sage ERP, Tally, and Power BI)
Change management
Adaptability to new systems
Creativity
Innovation
Leadership
Strategic insight
Clear decision making
Developing teams
Team work
Collaboration
Continuous improvement
Mentorship
Problem solving
Time management
Tax Preparation
Compliance
Project Financial Planning Analysis
Financial Reporting
Financial Statements Presentations
Cash Flow Management
Budget Development
Auditing Procedures
Risk Assessment
Risk management
Websites
Accomplishments
- Successfully managed over 7 donor projects: PABRA, DESIRA, USAID- BAFY, Mixed Farming Systems, MSUMSP, FAO and 3 hosting country agreements (AGRA, HarvestPlus, IFDC) at Alliance for Bioversity and CIAT.
- Successfully managed over 13 donor projects awards with over $4 million per financial year from Irish AID, FCDO - PROSPER, USAID, ECHO, UNFPA, UNICEF, UN Women, WFP, Start Fund, PRB, Carbon Credit, Electric AID, Moyo NOA, Waterloo Foundation etc. at GOAL Malawi.
- Supervised and led a team of 7 finance staff (2 Senior FO, 3 FO, 2 FA) at GOAL Malawi.
- Successfully managed 6 donor projects/awards with 7 subaward partners for MVAC response and supported donor projects including DFID (£7.8M - 2017/2018), (£10M -2016/2017), Irish Aid (€2.6m); FAO; OFDA ($1.6M), DANIDA, GIZ (£2.7m) and ECHO (€2m) at Save the Children International.
- Successfully served in Internal Procurement Committee (IPC) meetings at Alliance for Bioversity and CIAT, and GOAL Malawi.
Pieces Of Training And Certifications
- Advanced Financial Modelling (EXCEL) Certificate, ICAM, 2019
- Registered Diplomate Accountant (DA) Member, Malawi Accountancy Board (MAB), ICAM, 2012
- USAID Financial and Awards Management, USAID Malawi, Lilongwe, Malawi, 2023
- USAID Rules and Regulations, Grants and Cooperative Agreement, InsideNGO, Zambia, 2015
- USAID Sub-award Management Certificate, InsideNGO, Zambia, 2015
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Senior Accounts Coordinator
Alliance for Bioversity and CIAT
12.2022 - 05.2024
Grants Finance Manager
GOAL Malawi
04.2019 - 07.2022
Award Management Officer (Grants and Finance)
Save the Children International
07.2016 - 12.2018
Masters in Business Administration (MBA) -
Eastern And Southern African Management Institute (ESAMI)
09.2014 - Current
Finance, Awards and Compliance Officer
Elizabeth Glaser Pediatric Aids Foundation
01.2014 - 06.2016
Bachelor's Degree - Accounting and Finance
Blantyre International University
Diploma - Accounting
Institute of Chartered Accountants in Malawi (ICAM)
Previous Jobs
Millennium Promise Alliance
01.200 - 12.2013