Director of Fianance at Malawi Bureau of Standards (MBS)

VACANCIES
(Re-advertised)

BACKGROUND
The Malawi Bureau of Standards (MBS) is a statutory organization established in 1972 by an Act of Parliament
(Cap 51:02 of the Laws of Malawi), with a mandate to promote metrology, standardization and quality assurance of commodities and of their manufacture, production, processing or treatment; and further to provide for matters incidental to, or connected with standardization. The MBS is also mandated to provide metrology services which involve verification of weighing and measuring instruments undertaken through the implementation of the Metrology Act (Act No. 10 of 2016).

In order to fulfill its mandate effectively and efficiently with strategic leadership and management, an opportunity has arisen to engage qualified persons of Malawian origin to fill Management position of Director of Finance tenable at its Head Office in Blantyre. The MBS Board therefore invites applications from suitable candidates to fill the positions on a three (3) year employment contract, which is subject for renewal upon satisfactory performance.

These are highly demanding positions that require persons who have demonstrable capacity to initiate administrative, managerial and technical innovations geared at making MBS a vibrant service organization.

DIRECTOR OF FINANCE
Grade : BS 3
Reporting to : Director General

Job Purpose
To have an overall responsibility for prudent financial management of the Bureau

Key Responsibilities of the Position

1. Providing strategic financial leadership to the Bureau to ensure that it achieves its objectives.
2. Controlling and enforcing financial management procedures;
3. Budgeting and budgetary control;
4. Cash flow management;
5. Implementing a system of accounting and financial controls that comply with public finance management policies and standards and financial regulations;
6. Ensuring that all financial, corporate, legal requirements and obligations are complied with and consistently applied;
7. Accounting and transaction processing;
8. Developing, implementing and maintaining sound financial management and control systems, policies and procedures;
9. Providing secretarial services to Finance and Audit Committee of the Bureau.
10. Financial reporting and coordination of external audits;
11. Interpretation of financial policies and guidelines;
12. Participating in the recruitment, induction, performance appraisal, career management and other personnel administration for staff under charge.
13. Supervising staff under charge to ensure that the department provides an acceptable level of financial, administration and management services support to core functions of the Bureau.

Academic and Professional Qualifications

Applicants should possess:

1. Masters in Accounting/Finance/Commerce/Business Administration;
2. A Chartered Accountant with ACCA or CIMA;
3. At least 5 years’ postgraduate practical experience of which 3 years should be at managerial level in Finance.
4. Must be a member of ICAM.

TERMS AND CONDITIONS OF SERVICE
The MBS shall offer an attractive employee benefits package to the successful candidate in accordance with its emolument structure which includes salary, medical insurance and membership to a Contributory Pension Scheme.

Method Of Application

Those interested should submit their applications together with a detailed and updated Curriculum Vitae and names of three (3) traceable referees. Those who responded to the first advert are free to re-apply. The application should be sent to the address below not later than, 29th March, 2024.

The Comptroller of Statutory Corporations
P.O. Box 30061
Capital City
LILONGWE 3

The MBS is an equal opportunity employer; therefore, qualified females are encouraged to apply. Only shortlisted candidates will be acknowledged.