VICTOR SIMANGO
BSc. (Hons) in Applied Accounting, FCCA, TCPA (Tanzania)

Victor is an Audit Manager at Innovex Auditors. He is a Fellow of the Association of Chartered Certified Accountants (FCCA), UK.  He has a BSc (Hons) in Applied Accounting from Oxford Brookes University. He is a registered Certified Public Accountant in Public Practice (CPA-PP) with the National Board of Accountants and Auditors of Tanzania (NBAA). He is also a Registered Public Accountant with the Public Accountants and Auditors Board of Zimbabwe (PAAB). He has a keen interest in external auditing, accounting, financial management, risk management, change management, fraud and forensic accounting and is a leading expert in International Financial Reporting Standards (IFRS), UK Financial Reporting Standards, International Public Sector Accounting Standards (IPSAS) and US GAAP. He has extensive experience in accounting and auditing of Corporate, Government and Donor funded projects during his years at Percos Chartered Accountants (Zimbabwe), African Business Consultants (Zimbabwe) and more recently at Innovex Auditors (Tanzania). He has acquired extensive experience in financial reporting, budgeting, financial management and analysis, thorough knowledge of internal controls and accounting systems. Has strong communications skills and can communicate at various organizational levels. He has gained experience in planning audit engagements, determining the nature, extent and timing of audit procedures. He has been involved in the special audit of liabilities for Tanzania Oxygen Limited (TOL), Millennium Challenge Account-Tanzania, United Nations development group HACT Audit for Tanzania, special audit of the World Bank Water Sector Development Program for Tanzania, Ngorongoro Conservation Area Authority (NCAA), Tanzania Broadcasting Corporation (TBC), National Board of Accountants and Auditors of Tanzania (NBAA) and Tanzania Communications Regulatory Authority (TCRA) and National Social Security Fund of Tanzania (NSSF). He was the Senior Financial Management Consultant involved in carrying out a financial management review of the Zanzibar Aids Control Programme (ZACP) which was part of the Financial Management and Procurement capacity assessment of the Ministry of Health and Social Welfare (Tanzania) contracted by Management Sciences for Health (MSH) Inc. USA . After the first assignment, he was selected to be part of a team of consultants in conjunction with Management Sciences for Health (MSH) Inc. USA to develop a capacity development plan and its roll it out to address the capacity gaps that were found during the financial management review for the Zanzibar Aids Control Programme (ZACP). He was also involved in performing a financial due diligence exercise for the Snow Crest Hotel in Arusha and a special payroll audit of Tanzanian Universities covering three years with special focus on the Open University of Tanzania and the Institute of Finance Management.  His duties involve, overall planning of audit assignments, preparation of management letters for all audit findings, preparing and reviewing financial statements, training and supervision of less experienced team members. He has also worked with numerous funding partners and is comfortable with their compliance requirements among them UNICEF, USAID, Swedish International Development Agency (SIDA), Terre Des Hommes Germany, Tear Australia, Catholic Relief Services, Tear Netherlands, Oikonomos, MCC,  FORBIZ, GTZ Germany. He is a member of the Technical Review Committee of Innovex Auditors. The Committee is responsible for reviewing all financial statements audited by the firm for compliance with International Financial Reporting Standards (IFRS), Tanzania Financial Reporting Standards (TFRS) and local legislation before they are issued to the public.