Accountant – Budgeting, Investments, and Financial Reporting

Vanguard Life Assurance Company Limited

Vanguard Life Assurance (VLA) Company Limited is a fast growing locally registered financial services company which started its operations on 1st January 2001. Its line of business is the provision of financial security through Life Assurance investment solutions and other related financial services. It also has a subsidiary, Vanguard Pension Services Company Limited, which champions reputable administration of pensions.

We have job opportunities in our both Companies and, therefore, seek to recruit suitably qualified and experienced candidates for the following positions tenable at the head office in Blantyre:

Position: Accountant – Budgeting, Investments, and Financial Reporting (1 position)
Reporting to: Finance and Administration Manager
Direct Subordinate: Accounts Assistants
Contract Type: Full Time
Location: Blantyre

Position Overview:
The incumbent will play a key role in managing budgeting processes, overseeing investments, and ensuring accurate and timely financial reporting. The position requires a high level of analytical skills, financial acumen, and attention to detail.

Responsibilities and Duties:

  1. Budgeting:
    • Develop, implement, and monitor the company’s annual budget in collaboration with department heads.
  2. Investments:
    • Evaluate and recommend investment strategies to maximize returns while minimizing risks.
  3. Financial Reporting:
    • Prepare and analyze financial statements, income including income statements, balance sheets, and cash flow statements.
  4. Forecasting and Analysis:
    • Conduct financial analysis and provide insights into trends, costs, and revenue drivers.
  5. Compliance:
    • Ensure compliance with accounting standards, tax regulations, and other financial requirements.
  6. Process Improvement:
    • Identify opportunities for process improvements in budgeting, investments, and financial reporting. 
    • Implement best practices to enhance the efficiency and accuracy of financial processes.

Required Qualifications, Experience, and Attributes:

  • Bachelor’s degree in Accounting, Finance, or ACCA. CPA(MW) or equivalent certification is a plus.
  • A minimum of 5 years of proven experience in budgeting, investments, and financial reporting.
  • Strong understanding of accounting principles, financial analysis, and reporting standards.
  • Excellent analytical and problem-solving skills.
  • High level of proficiency in accounting software and Microsoft Excel.
  • Strong attention to detail and accuracy.
  • Excellent communication and interpersonal skills

Qualified and interested candidates should apply to the address below, enclosing copies of relevant academic and professional certificates, and curriculum vitae indicating three names of traceable referees with valid telephone numbers and email addresses. All applications must reach the addressee by close of business on Friday, 8th March 2024.

The Human Resources Officer
Vanguard Life Assurance Company Ltd
Old Air Malawi Building
Robins Road
P.O Box 1625
Blantyre
OR
Email: recruitment@vanguardlifemw.com

“Vanguard Life Assurance Company Limited is an equal opportunity employer, so, all qualified applicants will receive consideration for employment on merit without regard to race, colour, religion, gender, tribe, disability status, or any other characteristic protected by law.”