Accountant

VACANCY ANNOUNCEMENT

M-Unity SACCO is an affiliate of Malawi Union of Savings & Credit Cooperatives (MUSCCO) Limited. It is Member owned and democratically controlled financial cooperative society that is aimed at providing quality and affordable financial services to its members.

M-Unity SACCO invites applications from suitably qualified candidates for the post of SACCO Accountant to be based in Lilongwe.

THE POSITION

The Accountant will be reporting to M-Unity SACCO Manager.

DUTIES AND RESPONSIBILITIES

• Lead and perform the SACCO’s accounting function by periodic financial reporting; banking arrangements are always up-to-date; tax compliance; regulatory compliance.
• Lead in the SACCO’s Treasury function by proposing lending and deposit rates; proposing service charges; dealing on the market; liquidity management for the SACCO.
• Participate in the collection of relevant statistics and read trends and analyze the figures in order to determine performance of the SACCO.
• Setting internal controls and ensuring compliance with the same.
• Approving payments on behalf of the Manager.
• Budget preparation, implementation and control through variance reports analysis.
• Preparation of Pearls reports and interpretation of the same to the Manager.
• Ensure good working relationship with supervisory committee and external auditors and prepare audit schedules.
• Monitoring and coordinating the implementation of audit recommendations.
• Undertake day to day financial activities of the SACCO based on procedures, policies limits and plans as set by the SACCO Manager and approved by the board of Directors.
• Reconciling member’s balances with the general ledger on monthly basis.
• Approving of credit facilities within mandate as stipulated in Credit Policy
• Monthly reconciliation of fixed assets register with the General Ledger.
• Review records prepared by the cashiers.
• Undertake all banking activities including: bank reconciliations, cheque book orders, authorizing cash replenishments and banking, collection of statements, daily balance monitoring.
• Preparing of monthly financial report and present to the board.
• Any other duties assigned by the Manager from time to time.

QUALIFICATIONS AND EXPERIENCE

• Candidate must have a Bachelor’s Degree in Accounting or Finance from an Academic Institution accredited by the National Council for higher Education {NCHE). should be a registered member of ICAM.
• 3 Years of experience in SACCO system or any reputable financial institution will be a distinct advantage.
• Excellent written and oral business communication and interpersonal skill.
• Computer proficiency in Microsoft Suite.
• High degree of integrity.

METHOD OF APPLICATION:

Applications letters together with detailed Curriculum Vitae and three traceable referees, two of which should be from previous employer{s) and/or current employer, must be submitted to the following address by close of business on Friday 29th August, 2025.

All applications should be sent through the following email address: m.unity.sacco1@gmail.com

Only short-listed applicants will be acknowledged.

M-Unity SACCO is an equal opportunity employer.