Job Description

DIRECTOR OF FINANCE GRADE M2 ( 3-year term contract)#

Applications are invited from suitably qualified persons of Malawi origin to fill the following Executive Management Vacant positions at the Malawi Institute of Education (MIE)  in Zomba.

THE ORGANIZATION

The Malawi Institute of Education (MIE) is a Government semi-subvented parastatal organisation established by Order, Government Notice No. 60, 1979, under the Education Act (CAP. 30.01). The establishment of the Institute is reinforced in the Education Act 2013. MIE became operational in April 1982. The Institute fulfils the social function of ensuring that the education provided in Malawi is of high quality. The Institute invites suitably qualified and experienced dynamic individuals to fill the following position:

1. DIRECTOR OF FINANCE GRADE M2 ( 3-year term contract)

PURPOSE OF THE JOB

The position exists to contribute to the attainment of the Institute’s business objectives by providing strategic and financial guidance to ensure that the Institute’s commitments are met and developing all necessary policies and procedures to ensure sound financial management and control of the Institute’s business.

PERSON SPECIFICATIONS

1. A holder of a bachelor’s degree in either Accountancy, Finance, Commerce, Business Administration or equivalent and a relevant master’s degree in either Accounting, Finance, Commerce, Business Administration or equivalent obtained from a recognised reputable learning institution accredited by the National Council for Higher Education (NCHE) and should be Chartered Accountant with either ACCA, CIMA, or CA(M) or any relevant accounting professional institution.
2. Should be a registered member of the Institute of Chartered Accountants in Malawi (ICAM)
3. Must have ten (10) years of relevant post-qualification experience, of which five years should be at a senior management level in a related field.
4. Should be mature and have a demonstrable ability to work as a team leader.
5. Be decisive, self-motivated, and assertive with excellent communication and interpersonal skills.
6. Have strong analytical, problem-solving and decision-making skills.
7. A team player and results-oriented with extensive knowledge in finance and accounting.
8. Be conversant with relevant accounting standards and procedures and public finance management regulatory frameworks.
9. Have good leadership and team-building skills.
10. Proficiency in MS Office.

JOB SPECIFICATIONS

Reporting to the Executive Director, the job holder will, among other responsibilities, be responsible for:

1. Developing, reviewing, coordinating and monitoring plans, strategies, systems and processes on financial and material resource management
2. Developing and implementing revenue monitoring mechanisms
3. Representing the Institute on financial matters involving Government and other stakeholders.
4. Analysing financial performance
5. Advising on investment opportunities.
6. Developing, implementing and maintaining sound financial risk management mechanisms.
7. Preparing the departmental budget and monitoring its implementation
8. Coordinating the development and consolidation of the institutional budget
9. Preparing timely reports on financial performance.
10. Allocating work and appraising staff.
11. Developing and implementing resource mobilisation strategies.
12. Coordinating external audit services.

Method of Application

Application letters with a comprehensive CV and three names and addresses of traceable referees and photocopies of relevant certificates and National Identity should be sent to the following address or hand delivered not later than 31^st July 2024, addressed to:

The Secretary to the Board
Malawi Institute of Education
Box 50
Domasi

Applications must be clearly marked with the position being applied for, such as “Application for the Position of Director of Corporate Services.”

Only shortlisted applicants will be acknowledged and invited for interviews at short notice. Those who previously applied and are still interested in the positions are encouraged to reapply.