FINANCIAL MANAGEMENT SPECIALIST (FMS)

Job description

OVERVIEWThe Government of Malawi, through the National Local Government Finance Committee (NLGFC), has received financing from the World Bank Group and the Malawi Social Protection Multi-Donor Trust Fund. The funding is supported by the European Union, Ireland, the United Kingdom through FCDO, Germany through KIW, Iceland, and Norway.The financing will support the implementation of the Integrated Social Protection for Resilience and Opportunity (INSPIRE-O) project.NLGFC intends to use part of the proceeds to recruit qualified specialists and officers on three-year contracts, renewable annually based on performance and the availability of financial resources, or as mutually agreed by both parties.NLGFC therefore invites applications from suitably qualified and interested candidates for the position of Financial Management Specialist.JOB TYPE: Three-Year Contract, Renewable AnnuallyDate of Issue: Friday, 6th November 2026Application Deadline: Friday, 13th November 2026, at 5:00 PMDuty Station: NLGFC Offices, LilongweNumber of Positions: One (1)POSITION: FINANCIAL MANAGEMENT SPECIALIST (FMS)JOB SUMMARYThe Financial Management Specialist is a senior and key member of the Project Implementation Unit (PIU) at NLGFC.The successful candidate will ensure that all INSPIRE-O project financial resources are managed in accordance with the Financing Agreement, Government of Malawi public financial management regulations, the Project Implementation Manual (PIM), and World Bank financial management requirements.The role is critical to ensuring that project resources are used efficiently, effectively, transparently, and for their intended purposes.The Financial Management Specialist will report to the Project Coordinator for day-to-day operational and management matters and will have a technical reporting line to the Director of Finance and Fiscal Decentralization.KEY REQUIREMENTSAcademic Qualifications and Professional ExperienceApplicants must possess the following:A Bachelor's degree in Accountancy and Finance.A professional accounting qualification such as CPA (MW), ACCA, CIMA, or equivalent. This is mandatory.Membership in a relevant professional body, such as ICAM or ACCA.A minimum of eight (8) years of progressive, post-qualification experience in financial management, accounting, or auditing in the public sector or donor-funded project environments.Proven experience preparing financial statements in accordance with International Public Sector Accounting Standards (IPSAS).Demonstrated experience in internal controls, risk management, and audit coordination.Demonstrated experience in training, coaching, or on-the-job transfer of financial management knowledge.ADDED ADVANTAGEA Master's degree in Accounting, Finance, Business Administration, or a related field from an accredited institution.TECHNICAL AND FUNCTIONAL COMPETENCIESThe ideal candidate should demonstrate:Practical knowledge and experience using computerised accounting and financial management systems, such as IFMIS, QuickBooks, SAP, or equivalent systems.Proficiency in Microsoft Office applications, particularly Excel, for financial analysis, reporting, reconciliation, and data management.Strong analytical and numerical skills, with the ability to identify financial trends, errors, control weaknesses, and non-compliant accounting practices.In-depth knowledge of World Bank financial management procedures and Government of Malawi public financial management regulations.Strong written and oral communication, analytical, coordination, and report-writing skills.Ability to work effectively in a team and multicultural environment.Capacity to manage multi-stakeholder coordination and Local Authority-level implementation oversight.Strong interpersonal, negotiation, and diplomatic skills when engaging with senior government officials, Local Authorities, development partners, and other stakeholders.PERSONAL ATTRIBUTESThe successful candidate should demonstrate:High motivation, initiative, and a results-oriented approach.Ability to work under pressure and meet tight deadlines.Integrity, transparency, accountability, and professional ethics.Commitment to anti-corruption and anti-bribery requirements.DUTIES AND KEY RESPONSIBILITIES1. Financial Planning, Budgeting and Cash Flow ManagementLead the timely preparation and consolidation of the project budget, including Annual Work Plans and Budgets (AWPBs), in close coordination with technical teams, the Project Coordinator, and relevant government ministries and departments.Develop and monitor cash flow forecasts and ensure timely replenishment of funds to maintain adequate financial resources for project implementation.Manage the project's designated and special bank accounts and ensure their timely and accurate reconciliation.Prepare and submit withdrawal applications for fund disbursements, including replenishment of the Designated Account, direct payments, reimbursements, and special commitments in accordance with World Ba

Requirements

Apply by email: recruitment@nlgfc.gov.mw