Accountant – Malawi Gaming and Lotteries Authority (MAGLA)

October 10, 2024
Application ends: October 31, 2024
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Job Description

The Malawi Gaming and Lotteries Authority (MAGLA), the regulatory authority for the gaming and lottery industry seeks to engage the services of an Accountant.

Reporting to the Finance Manager, the Accountant is part of the middle management team that oversees the proper management of the Board’s finances. In this role, s/he is responsible for assisting the Finance Manager in the maintenance of the Authority’s accounts and performs various administrative duties.

The duties and responsibilities of the Accountant shall include the following amongst others:

  • Ensuring that legal payments and obligations are met as they fall due;
  • Supporting the Finance Manager in consolidating annual budgets, monitoring and controlling expenditure patterns of MAGLA;
  • Preparing monthly management accounts and annual financial statements for audit;
  • Monitoring cash and bank balances;
  • Preparing monthly bank reconciliations;
  • Preparing payment vouchers;
  • Ensuring compliance with the current relevant accounting and reporting standards;
  • Coordinating statutory audits;
  • Interpreting company financial plans, policies, regulations and controls;
  • Reviewing and maintaining sound financial and accounting management systems;
  • Working closely with staff of MAGLA to ensure good practice in areas of finance and accountability matters;
  • Assisting in handling audit queries;
  • Investigate and resolve discrepancies in payments of transactions in accounts;
  • Organize and keep track of licensee’s outstanding debt accounts.

Qualifications and Experience

  • A minimum of a Bachelor’s Degree in Accountancy, or Professional Level of ICAM qualification or the Applied Knowledge Level of ACCA.
  • Professional qualification (such as CPA, ICAM, ACCA, CIMA), will be an added advantage.
  • Knowledge of local and international accounting practices and relevant laws is a plus.
  • Minimum 5 years’ experience in financial management.
  • Must be a member of the Institute of Chartered Accountants in Malawi and the Malawi Accountants Board and in Good Standing.

Skills and Attributes

  • Strong financial management skills.
  • Fluent in English with excellent writing and verbal communication skills.
  • Excellent skills in Microsoft Excel.
  • Strong organizational and leadership skills.
  • Profound team-spirit.
  • Pro-active and solutions oriented.
  • Ability to work under time pressure.

Method of Application
Eligible candidates meeting the required qualifications and experience should submit their applications including a detailed Curriculum Vitae and names of three traceable referees not later than 31st October, 2024 to:

The Director General
The Malawi Gaming and Lotteries Authority
Nyambadwe, Magalasi
PO Box 3062
BLANTYRE
Email: magla@magla.org.mw

Only shortlisted candidates will be acknowledged and invited for interviews.