Chief Finance Officer at Export Development Fund Limited

Organisation Background

Export Development Fund (EDF) is a development finance institution (DFI) mandated to promote the growth as well as diversification of the country’s exports. EDF’s mission is to support the Malawi economy through provision of foreign trade solutions to facilitate export diversification, international competitiveness and inclusive growth.

EDF also plays a leading role in job creation by investing in ambitious projects and initiatives, with the aim of enhancing the competitiveness of Malawi’s exports.

EDF’s young and dynamic team is motivated towards the collective goal of transforming Malawi’s exporting sector for accelerated economic development.

An exciting opportunity has arisen for energetic and innovative individuals to join EDF. We are therefore inviting applications from suitably qualified candidates to fill the following positions:

CHIEF FINANCE OFFICER

Reporting to the Managing Director, the Chief Finance Officer’s overall responsibility is to oversee EDF’s financial management to ensure value for money, sound performance, and organizational sustainability. In addition, the role oversees the administration, human resources and ICT functions towards providing efficient and effective business support for growth. The CFO is also required to participate in strategy and policy setting for the organization.

Key responsibilities include the following:

a. Developing the finance strategy and objectives for approval by the Board.
b. Overseeing budgeting and forecasting, including drafting annual and multi-year budgets, building strategic business goals into budget KPIs, implementation, monitoring and evaluation, and remedial measures.
c. Implementing efficient and effective cash flow planning and management, including implementation of short-term, medium-term and long-term rolling cash flow forecasting, multi-year cash flow forecasts integrated with multi-year income statement and balance sheet forecasts, weekly cash flow analysis and optimization, and emergency cash reserves management.
d. Managing and controlling working capital of the Fund in line with business needs.
e. Managing and controlling the capital structure of the Fund through efficient and effective treasury management, including regularly liquidity and solvency analysis, regular market scanning for financing opportunities and borrowing cost savings, and balance sheet optimization.
f. Providing leadership to all reporting functions, namely Finance, Treasury, Administration/Procurement, Human Resources and ICT.
g. Maintaining the integrity of EDF’s financial information.
h. Assessing and managing financial risks, ensuring compliance with regulatory requirements, and implementing effective financial policies, procedures, and controls.
i. Implementing effective and ethical tax planning to minimize losses to the organization.
j. Providing strategic financial input concerning investments in projects.
k. Implement a robust financial reporting system and ensure 100% compliance with all relevant statutes, standards, regulations, policies, procedures, and guidelines.
l. Managing relationships with external stakeholders, such as MRA, External Auditors and RBM.
m. Advising on long term business and financial planning

Preferred Qualifications, Skills, Experience and Attributes are as follows:

• Candidates should possess a master’s degree e.g., Finance, Business Administration and/or Management plus bachelor’s degree in accounting or finance obtained from a recognized
  and accredited university.
• Must possess relevant professional qualifications: ACCA/CIMA etc.
• In depth knowledge of risk management practices.
• Excellent knowledge of data analysis and forecasting methods.
• Proficient in the use MS Office and financial management software
• Ability to strategize and solve problems
• Strong leadership and organisational skills
• Excellent communication and people management skills
• Knowledge of relevant legislation such as Financial Services Act, Reserve Bank of Malawi Directives, Malawi Company Law, and Taxation Law.
• Ability to work within budget, tight deadlines and with limited resources.
• Not less than 10 years working experience in a reputable financial institution and at least 5 years ‘experience at senior management level.

Method Of Application

Interested candidates should submit their applications clearly indicating the relevant position together with detailed CV and names of three (3) traceable referees by close of business, 6th June 2025 via
email to [email protected]. All applications should be addressed to:

The Managing Director
Export Development Fund Limited
First Floor – Public Service Pension Fund House
Off Presidential Drive
P.O. Box 30063
LILONGWE 3.

Only shortlisted applicants shall be acknowledged and invited for interviews.

EDF is an equal opportunity employer as such, women are encouraged to apply