Director of Finance

MALAWI RAILWAYS (1994) Limited (MR94) ADVERTISEMENT FOR DIRECTOR POSITIONS

BACKGROUND

Malawi Railways (1994) Limited (MR94) is a body corporate established to provide reliable, safe, and efficient railway transport services in Malawi. The Corporation is mandated to coordinate and provide leadership in the development, maintenance, and management of railway infrastructure and services across the country. An opportunity has arisen to engage qualified persons of Malawian origin to fill vacant positions tenable at the Malawi Railways Headquarters in Limbe. Malawi Railways, therefore, invites applications from suitable candidates to fill the positions of:

DIRECTOR OF FINANCE: 1 POSITION – 3-YEAR CONTRACT
Grade: MR2
Reporting to: Chief Executive Officer
Responsible for: Finance Manager; Accountant

Purpose of the Job
To provide strategic leadership, direction and guidance on revenue generation, prudent use, accounting and management of financial and material resources.

Duties and Key Responsibilities:

1. Developing, reviewing, coordinating and monitoring implementation of policies, plans, strategies, systems and processes on financial and material resource management.
2. Attending to enquiries and queries raised by Management, Board of Directors, Government, donors and other stakeholders on financial matters.
3. Coordinating and leading the annual fiscal planning process, preparation of annual budgets including budget reviews and closely monitoring implementation.
4. Facilitating and coordinating internal and external audits and directing the development of action plans based on audit recommendations and monitoring progress on achievements.
5. Establishing and maintaining strategic partnership with government, professional boards and associations and industries including all relevant stakeholders.
6. Monitoring and controlling financial performance against approved targets.
7. Managing working capital and revenue.
8. Ensuring availability of appropriate financial and accounting information technology systems.
9. Enforcing and monitoring collection of revenue.
10. Preparing and timely submitting monthly, quarterly and year-end financial statements and reports to relevant authorities.
11. Identifying key financial risks and advising on appropriate management interventions.

Academic, Professional Qualifications and Experience:

The applicant should possess the following:

1. Master’s and Bachelor’s Degrees in Accounting or Finance or Business Administration plus a professional qualification such as CA(M) or ACCA or CIMA
2. Seven (7) years relevant post-qualification experience at senior management level.
3. Must be a member of the Institute of Chartered Accountants in Malawi (ICAM) or equivalent recognized professional body.

Personal Specification:

The applicant should possess the following attributes:

1. Financial expertise and advanced computer skills.
2. Auditing and taxation compliance.
3. Strategic planning, leadership and management.
4. Strong analytical, problem-solving and communication skills.
5. High ethical judgment, integrity, and adaptability.
6. Ability to motivate and lead staff.
7. Excellent ICT skills across Microsoft Packages and Finance Management packages.
8. A verifiable results-oriented track record; be a self-starter and an effective team player.

Method of Application

Eligible candidates meeting the above requirements should submit their applications with up-to-date detailed Curriculum Vitae indicating names of three traceable referees, certified copies of academic and professional certificates. Applications marked with the name of the position being applied for on the envelope should be received not later than 13th November, 2026 at 16:30 hours, 2026 to the following address:

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

Only shortlisted applicants will be acknowledged and invited for interviews.

Malawi Railways is an equal-opportunity employer, and qualified women are encouraged to apply.