Job Description
VACANCY ANNOUNCEMENT
FINANCE MANAGER
Location: [Lilongwe]
Company/Organization: [National Youth Council of Malawi]
Reporting to: [Director of Finance and Administration]
BACKGROUND
The National Youth Council of Malawi is a statutory corporation established by an Act of Parliament-The National Youth Council of Malawi Act (Act No 22 of 1996). Its functions include developing, promoting, and controlling youth activities, registering youth organizations, organizing scholarships, establishing cooperation guidelines, and promoting training courses. The Council’s vision is to build a Malawi where young people can develop their full potential and contribute to sustainable development. It is an implementing arm of the Ministry of Youth, comprising the General Assembly, Board of Directors, Secretariat, and affiliates (registered youth organizations). The Council works collaboratively with youth organizations, government agencies, civil society, and other stakeholders to empower young people and advocate for policies that promote their development and participation in national decision-making processes.
Job Description
The Council is therefore, seeking a dynamic and passionate Finance Manager to join our team. The Finance Manager will be responsible for leading the Finance team and supporting NYCOM affiliates on various financial management and capacity building matters.
Duties and Responsibilities
| MAJOR DUTIES AND RESPONSIBILITIES | Lead in preparation of Financial Statements, Activity report and forecast |
| Lead in the formulation and implementation of financial controls, management systems, rules, policies, regulations and accounting strategies to ensure that financial services contribute effectively and efficiently to the goals of the Council | |
| Prepare internal financial reports and statements including monthly financial management accounts, and annual final accounts. | |
| Prepare audit schedules and ensure annual audits are completed within 60 days after engagement letter is signed. | |
| Manage the preparation of the Councils Annual Budget processes | |
| Prepare monthly cashflow projections to DOFA | |
| Supervision of Finance Officers and provides the necessary mentoring support within the Finance department | |
| Lead in the management and control of day-to-day operations of the finance department. | |
| Liaise with the Finance officer on monthly basis to ensure approved updates to payroll information are processed in good time | |
| Ensure monthly bank reconciliation is carried out | |
| Maintain fixed assets register updated and reconciled to trial balance at all times | |
| Review payroll | |
| Manage taxes, Tevet and PPDA levies | |
| Prepare and submit monthly revenue returns to Treasury | |
| Prepare Performance Based Budgets and Performance Management Plans and Budgets every financial year | |
| Train affiliates on Financial management and governance | |
| Ability to work with the Youth and ability to train others | |
| REQUIRED QUALIFICATIONS AND EXPERIENCE | Bachelor’s Degree in Accountancy from an accredited university |
| Those with a Master’s degree in finance/accounting will have an added advantage | |
| Must be a Chartered Accountant (ACCA, CIMA or ICAM) | |
| Proficient user of accounting software such as Sage | |
| Proficient user of Microsoft excel | |
| 3 years’ experience in accounting at Accountant level or above | |
| Professional qualifications such as ACCA, CIMA, CA (Malawi). | |
| Must be a registered member of Institute of Certified Accountants in Malawi (ICAM) | |
| Female applicants and other marginalized groups are highly encouraged to apply | |
| REQUIRED ATTRIBUTES AND SKILLS | Critical thinker and problem-solving skills |
| Good time management skills | |
| Great interpersonal and Communication skills | |
| Must be detail oriented | |
| Must have high integrity | |
| OTHER REQUIREMENTS | Ability to work odd hours to meet deadline |
Mode of Application
An application letter, an up to date Curriculum Vitae (CV) and academic as well as professional qualifications with names and contact details of three traceable referees should submitted to the following address by close of business Friday, December 6th, 2024. Submissions can be hand delivered to the address or through the email provided below. Applications should be titled “Application: Finance Manager.”
The Executive Director
National Youth Council of Malawi
Area14/106
Off Presidential Highway
Private Bag 389
LILONGWE 3.
Email: jobs@nycom.mw
In our commitment to diversity and inclusion, we encourage applications from all qualified individuals regardless of race, ethnicity, gender, age, disability, religion, or any other characteristic protected by applicable laws. We believe that a diverse and inclusive workforce enhances our organization’s ability to innovate, adapt, and thrive in an ever-changing world. We welcome candidates who share our values and are dedicated to creating a culture of respect, equity, and belonging.