Financial Accounting Officer

VACANCY

Malawi Telecommunications Limited (MTL) invites applications from suitably qualified and experienced Malawian candidates to fill the vacant position of Financial Accounting Officer tenable at its Head Office in Blantyre.

MTL stands for its Core Values of Customer Focus, Improving Continuously, Ethical, Teamwork, Empowerment and Professionalism.

The successful candidate will embody and practice the Company’s Core Values in playing their part in the future of the company.

Reporting to the Financial Accountant, the main purpose of the job is to ensure timely processing of invoices, credit notes, payment vouchers, petty cash disbursement, reconciliations, supplier payments and statutory compliances.

The main duties and responsibilities will include but not limited to the following:

1. Monthly Financial Accounting Processes.

• Obtaining and processing all contract obligations and invoices timely.
• Ensuring that all invoices are submitted to user departments for verification and certification as and when required
• Checking that invoices not matched with goods received note or other appropriate supporting documentation for services rendered are investigated and resolved within one week.
• Ensuring that monthly supplier’s statements are received
• Extracting from Enterprise Resource Plan (ERP) System and accruing monthly purchase orders for which goods and services rendered but not invoiced
• Ensuring that actual invoices for any accrued transaction have been obtained and reversed timely
• Investigating all debit balances on accounts payables and accruals accounts to authenticate the validity of the transaction.
• Ensuring that all approved monthly suppliers’ reconciliations, petty cash and other reconciliations are properly filed.
• Preparing and submitting for approval supplier’s accounts, prepayment and accruals reconciliations on 5th day after month end closure.

2. Tax computation and return filing.

• Computing and submitting for approval Fringe Benefit Tax (FBT), Value Added Tax (VAT), Excise Tax, Withholding Tax, Non Resident Tax (NRT) returns.
• Submitting to all Tax Returns to treasury for payment processing before the due date and ensuring MRA receipt and MRA stamped returns is received and filed
• Preparing monthly tax reconciliations between tax returns and general ledger.

3. Preparation of Payment Vouchers

• Receiving and processing all approved requisitions as and when required.
• Preparing payment vouchers supported by approved accounts payable reconciliations where applicable for all approved instructions and related remittance advices.
• Deducting withholding tax from all suppliers without a valid withholding tax exemption certificate
• Submitting payment vouchers and related remittance advice to Financial Accountant for review and approval.
• Submitting to Treasury Office all approved payment vouchers for payments.

4. Petty Cash Management

• Receiving all petty cash requests and ensuring that they are duly approved by either Head of Management Accounting or Chief Finance and Administration Officer.
• Disbursing petty cash in accordance with the approved petty cash requests and obtains receipts for all petty cash disbursements.
• Capturing all petty cash disbursements in ERP System in the month of disbursement.
• Preparing and submitting to Financial Accountant all petty cash recoupment for review.
• Preparing monthly petty cash reconciliations by the 5th of the following month.

5. Liquidation of Imprest Account

• Following up and obtaining cash receipts from staff who collected imprest.
• Preparing journal entries to allocate expenditures to appropriate accounts and submitting for approval to the Financial Accountant
• Preparing and submitting the Imprest account schedule which reconciles with ERP general ledger Account by the 5′ day of the following month.
• Advising Financial Accountant on long outstanding imprest transaction with no supporting receipts for appropriate action.

6. Journal Processing

• Preparing and submitting journal entries to Financial Accountant for review as and when required
• Capturing and filing all journal entries approved by Financial Accountant.

The successful candidate should have the following qualifications and attributes:

• Bachelor’s Degree in Accountancy or a related field plus two years’ experience in accounting.
• Should be able to work under stress
• Should have sound judgement and decision making skills
• Should have the ability to maintain general ledger
• Should have analytical skills and attention to detail.
• Be honest and of good integrity.
• Be results oriented.
• Good interpersonal skills
• Should be a Team Player.

Interested candidates should submit their applications together with their curriculum vitae and names and addresses of three traceable referees to the Chief Executive Officer of MTL.

Only applications submitted electronically to HR17095@MTL.mw by 17.00 hours on Friday, 25m July 2025 will be considered.

“We are an equal opportunity Employer”