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Senior Finance Officer- Financial Accounting

Date Posted: Mar 15, 2021

Job Description

The National Oil Company of Malawi (NOCMA) whose main objective to ensure security of fuel supply in Malawi is a wholly owned Malawi Government Company established under the Company’s Act of 1984 on the 10th December 2010 and commenced its operation in 2012. NOCMA is responsible for managing the Country’s 60 million litres Strategic Fuel Reserves situated in Blantyre, Lilongwe and Mzuzu; and smaller depots in Chilumba, Chipoka and Mchinji.

Over the past eight (8) years, the Company has grown tremendously in its national strategic importance with its fuel importation market share growing from ten percent (10%) in 2015 to an average of sixty-Five percent (65%) in 2019/20 and this has been matched with growth in Institutional capacity and investments to enable efficiency and effectiveness in executing its mandate.

In its drive to ensure improved and sustained efficiency and effectiveness in delivery of its mandate, NOCMA is seeking to recruit qualified and experienced candidates to fill various highly rewarding positions that have arisen within the Company.

An attractive remuneration package commensurate with experience and qualification is on offer to the right candidates with prospects to build a meaningful career within the Oil Industry.


NOCMA is therefore excited to invite interested applications to apply for the following position:




Position: Senior Finance Officer – Financial Accounting  



Tenable at Head Office in Lilongwe


Key Duties and Responsibilities

  • Support the Finance Manager – Financial Accountant in the Company’s financial accounting portfolio;
  • Provide support in preparing monthly, quarterly and annual financial reports;
  • Preparing weekly cash flow statements and controlling expenditure a cash flow for Executive management’s weekly updates;
  • Preparing cash receipts reports;
  • Managing the Company’s debtor’s portfolio;
  • Support in tax reporting and inventory processing;
  • Implementing and monitoring all aspects of working capital management including payables and receivables reconciliation
  • Preparing payment vouchers.
  • Managing petty cash
  • Capturing of payment vouchers and receipts in SAP system
  • Ensuring timely preparation and reconciliation of cash and Bank accounts
  • Ensuring proper management and filing of financial and accountable documents
  • Processing of the Company’s payments and monitoring bank balances;
  • Ensuring safe custody of signed checks and check books
  • Supervising and appraising Finance Officers;
  • Supporting the operations team where necessary;
  • Performing any other duties as assigned by the Finance Manager – Finance Accounting;
  • And any other duties appropriately assigned by immediate Supervisor.


Minimum Qualifications and Work Experience

  • Bachelor of Accountancy Degree with a professional accounting qualification i.e. ACCA
  • At least five (5) years’ work experience at senior level in a reputable organization
  • Knowledge and experience with accounting packages i.e. SAGE, SAP and others;


Additional Skills and Abilities


  • Good knowledge of financial management
  • Proficient skills in Microsoft Office (MS Word, Excel and Access).
  • Strong analytical skills
  • Strong interpersonal skills
  • Working knowledge of accounting packages
  • Strong organizational skills
  • Ability to work in a team with leadership skills for coaching and developing employees.
  • Mature and good communicator with adequate negotiating skills.


Application procedure


Eligible candidates meeting the required qualifications and experience should send applications with cover letter, copies of certificates, detailed curriculum vitae (CV), names, addresses and telephone numbers of three traceable referees to the following address by the 25th March 2021;

The Deputy Chief Executive Officer

National Oil Company of Malawi Ltd

4th Floor, Kang’ombe House

Private Bag 370

LILONGWE 3


Attention: Mrs. Molly Chilizani, Human Resources Officer


Email: nocmajobs@nocma.mw


Female candidates are strongly encouraged to apply as NOCMA is committed to achieving relevant quota provisions in the Malawi Gender Equality Act 2013


Skills Required


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Job Detail

  • Location
    Lilongwe
  • Company
  • Type
    Full Time
  • Positions
    1
  • Apply Before
    26 Mar, 2021

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