Director of Finance

EXECUTIVE PLACEMENTS

INTRODUCTION AND BACKGROUND

The Mining and Minerals Regulatory Authority (MMRA), the Mining Sector Regulator in Malawi, was established under the Mines and Minerals Act of 2019 and the enactment of the Mines and Minerals Act No. 25 of 2023. Its mandate is to regulate the mineral sector and the development and utilization of mineral resources in line with sustainable development principles and practices for the benefit of Malawians.

MMRA’s Vision is to be a steward of mineral resources for sustainable national prosperity. To fulfill its mandate and vision effectively and efficiently, MMRA seeks to engage the services of the following positions for a period of three (3) years, renewable once, subject to satisfactory performance. MMRA therefore invites applications from suitably qualified candidates to fill these positions. MMRA wishes to emphasize the urgent need to fill these positions. The Authority is at a critical stage in implementing its mandate under the Mines and Minerals Act No. 25 of 2023, and the absence of substantive leadership in these directorates poses a significant risk to the effective regulation of Malawi’s mining sector. The successful filling of these positions is essential to:

• Strengthen Regulatory Oversight: The mining sector requires immediate and decisive regulatory leadership to ensure compliance, safety, and environmental protection across all operations.
• Accelerate Service Delivery: Delays in registration, licensing, inspection, and enforcement directly impact industry players and the general public. Filling these positions will restore efficiency and responsiveness.
• Enhance Resource Mobilisation and Financial Accountability: The Director of Finance is urgently needed to ensure prudent financial management, timely reporting, and compliance with IPSAS and Government financial regulations.
• Support National Development Goals: The mining sector is a key pillar of Malawi’s economic growth agenda. These positions are critical to ensuring that mineral resources are developed sustainably and for the benefit of all Malawians.
• Meet Statutory and Governance Obligations: The Authority has a legal obligation to maintain a fully functional regulatory framework. The appointment of these directors is necessary for MMRA to meet its statutory obligations and to provide the Board and Management with the strategic support required.

Qualified and experienced professionals are therefore strongly encouraged to apply without delay. This is an opportunity to contribute meaningfully to the development of Malawi’s mining sector at a pivotal moment in its history.

POSITION: DIRECTOR OF FINANCE
Grade: MR2
Reporting to: Director General
Location: Finance Directorate
Responsible for: Senior Accountant

Purpose of the Job

To provide strategic leadership, resource mobilization, direction, and guidance on prudent use, accounting, and management of financial and material resources.

Key Roles and Responsibilities 

1. Developing, reviewing, and monitoring implementation of policies, plans, programs, strategies, systems, procedures and processes on financial and material resource management.
2. Monitoring and verifying that all departmental strategies, programmes and activities are developed and implemented in alignment with the Authority’s approved Strategic Plan and policies.
3. Providing and attending to enquiries and queries raised by management, Board of Directors, donors and other stakeholders on strategic financial matters.
4. Coordinating, consolidating and leading the annual fiscal planning process, preparation of annual budgets including budget reviews and closely monitoring its implementation.
5. Advising Management, Finance Committee and other Sectional heads on financial and investment matters.
6. Mobilizing resources and monitoring their effective, efficient and economic utilization.
7. Developing and enforcing implementation of internal financial controls and risk management mechanisms in line with Government requirements and the Finance Policy and Accounting Procedures Manual.
8. Preparing timely management accounts, financial reports/statements in accordance with applicable International Public Sector Accounting Standards (IPSAS).
9. Establishing and maintaining strategic partnerships with government, professional boards and associations and industries including internal and external stakeholders.
10. Providing information and assistance to internal or external Auditors during audit activities.
11. Allocating work and appraising staff.
12. Any other duties assigned from time to time.

Mandatory Education Qualifications and Experience

• A Master’s Degree and Bachelor’s degree in accounting/ Finance/Commerce, obtained after a bachelor’s Degree in a similar field.
• A full professional accounting qualification such as ACCA, ACA, ICAM or CIMA.
• Valid membership of the Accredited Accountants Board.
• Eight (8) years of post-graduate work experience, of which five (5) years’ experience must be at senior management level.

MODE OF APPLICATION

Interested persons should submit ONE COPY of their application letter, together with copies of relevant certificates, National Identity, and Curriculum Vitae with phone numbers and addresses of three traceable referees to: NOT LATER THAN 9th OCTOBER,2026

The Comptroller,
Department of Statutory Corporations,
P.O. Box 30061,
LILONGWE 3.

MMRA is an equal opportunity employer. Only shortlisted candidates will be contacted.