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Financial Accountant Full-time Job

May 12th, 2023 at 13:18   General   Lilongwe   Reference: 2709
Job Details

Organisation Background


Export Development Fund (EDF/the Fund) is a development finance institution (DFI) mandated to promote the growth as well as diversification of the country\u2019s exports. EDF’s mission is to accelerate structural transformation in Malawi through various funded and non-funded interventions availed to businesses in growth sectors of the economy. 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 dynamic team is motivated towards the collective goal of transforming Malawi’s exporting sector for accelerated economic development.

Exciting opportunities have arisen for energetic and innovative individuals to join EDF. We are therefore, inviting applications from suitably qualified candidates to fill the following position:



The Financial Accountant will be responsible for maintaining accurate and timely accounting records for the Fund, including preparation of financial reports, and ensuring that payments needs of the Fund are met. The Financial Accountant’s responsibilities shall include, but not be limited to the following:

  • Assist in the preparation of Statutory Financial Statements to strict reporting deadlines.
  • Coordinate annual and other external audits.
  • Submit Annual Company Returns to the Registrar of Companies.
  • Perform monthly reconciliation of the trial balance and review of all ledger accounts.
  • Update the risk register.
  • Ensure real time transaction processing.
  • Make all statutory payments when they fall due i.e., Pension, VAT, PAYE, WHT, FBT, TEVET, Provisional Tax and Corporation Tax.
  • Reconcile EDF statement with the clients.
  • Ensure compliance with all accounting control procedures in place.
  • Coordinate the implementation of external & internal audit recommendations.

Qualifications and core requisite competencies

  • Bachelor’s Degree in Accountancy or Finance.
  • Professional accounting qualification (CIMA/ACCA) and membership with the Institute of Chartered Accountants in Malawi (ICAM)
  • An analytical mind with problem-solving skills
  • In depth accounting knowledge and not less than 5 years hands-on experience in financial accounting
  • Sound knowledge of International Financial Reporting Standards and local tax laws.
  • Ability to adapt to tight deadlines and heavy workloads.
  • Proficiency in Microsoft Excel and Accounting Packages
  • Possession of a Master’s Degree in Accounting, Finance, Management or Administration will be an added advantage.

Method Of Application

Interested candidates should submit their applications clearly indicating the position together with detailed CV and names of three (3) traceable referees by close of business, Friday, 26th May, 2023 via email to recruitment@edf.mw

All applications should be addressed to:

The Managing Director

Export Development Fund Limited

First Floor, Public Service Pension Fund Building,

Presidential Way Drive

P.O. Box 30063



Only shortlisted applicants shall be acknowledged and invited for interviews. EDF is an equal opportunity employer as such, women are encouraged to apply.

Company Description
Export Development Fund Limited