National Local Government Finance Committee (NLGFC)
The National Local Government Finance Committee (NLGFC) was established under section (149) (1) of the Republic of Malawi Constitution and further powers and functions conferred on it by the Local Government Act (1998), The core functions as defined by Constitution includes: (a) Budget: to receive all estimates of revenue and all projected budgets of all LGAs; to prepare a consolidated budget for all LGAs; (b) Accounting and financial management; to examine and supervise accounts of LGAs; Receive final accounts from LGAs and forward a copy to the Auditor General; to disallow any item of expenditure and to surcharge. (c) Fiscal allocation and transfers; to make recommendations relating to the distributions of funds allocated to LGAs; and with further function to support and enhance local development project management; to enhance Infrastructure and Socio-economic Development; and Support performance improvement in councils.
The NGFC seeks to strengthen its human capacity to effectively and efficiently deliver its constitutional mandate and functions by engaging suitably qualified, experienced, self-motivated and result oriented Malawian professionals to fill various vacant positions tenable at the NGFC offices, Area 14, Lilongwe. The following are the position.
Job Title : Financial Regulation and Compliance Manager (No. of posts 1)
Grade: FC3
Responsible to : Director of Finance & Fiscal Decentralization
Responsible for : Senior Financial Regulation & Compliance Analyst and Senior Financial Reporting analyst
Job Purpose
Facilitate compliance and adherence to accounting and financial management laws and regulations, policies, procedures, standards and controls for effective management of government and donor resources in Local Government Authorities (LGA).
Key Duties and Responsibilities
- Review the adequacy of controls and enforce adherence to financial management regulatory framework in LGAs.
- Facilitate development, review and implementation of accounting and financial management policies, procedures, finance manuals, standards and controls for effective management of donor and government resources.
- Coordinate development, review and implementation of guidelines, tools and templates for asset
management and financial reporting. - Coordinate and review consolidation of LA budget;
- Managing and supervising financial regulation, compliance and reporting staff, participating in their recruitment, training, coaching/mentoring and appraising their performance.
- Coordinate monitoring of LA’s financial performance.
- Coordinate timely production and consolidation of LA financial statements and financial reports in accordance with Generally Accepted Accounting Practices.
- Facilitate audit of local authorities’ and support review of audit reports.
- Identify LA risk areas and develop risk mitigating measures.
- Preparation of workplan and periodic reports.
Required Qualifications
- Master’s Degree in Accounting or Finance; or Master’s Degree in Business Administration or Strategic Management with a professional qualification such as ACCA, CIMA, ICAM
- Be a member of an accounting professional body e.g. ICAM, ACCA, CIMA etc.
Personal Attributes
- Six (6) years’ work experience in a senior finance management position in public or donor funded institutions.
- Proficiency in use of Microsoft office Packages and electronic facilities.
- Knowledge of computerized accounting systems e.g. LA IFMIS and other related accounting applications.
- Strong understanding of LA accounting and financial management systems.
- Strong interpersonal, analytical and management skills, integrity, and ability to work in a team.
Salary Scale
National Local Government Finance Committee salary scale for the Grade shall apply.
National Local Government Finance Committee (NLGFC) is committed to diversify Gender equality in its operations and strongly encourage women to apply for the above vacant positions.
Mode of Application
Interested applicants who meet the above requirements should submit application letters together with concise Curriculum Vitae (CV), National ID and copies of relevant certificates to the address below not later than 7th July 2025 at 14:30 hours.
The Executive Director
National Local Government Finance Committee
P.O. Box 31162
Red Cross Complex
Area 14
Lilongwe 3
Email: recruitment@nlgfc.gov.mw
Applicants are advised to indicate the post being applied for on the envelope/ title of email.
Applicants who fully meet the above requirements and are considered for further assessment shall be acknowledged.