About Freedom Financial Services Limited

Freedom Financial Services Limited is a Microfinance Institution established in September 2024 and licensed by the Reserve Bank of Malawi. We offer loans to Civil Servants as well as employees of private companies. The organization is committed to providing innovative financial solutions while maintaining high standards of professionalism, integrity, and customer service.Malawi employment news

Job Overview

The Accountant will manage day-to-day financial operations, financial reporting, regulatory reports, ensure accurate recording and reporting of all financial transactions, and support budgeting, forecasting, compliance functions as well as HR and Administration functions. The role will also support external audits as well as Reserve Bank inspections and ensure adherence to International Financial Reporting Standards (IFRS).

Key Responsibilities

• Manage day-to-day financial operations of Freedom Financial Services Limited
• Record, post, and approve all financial transactions, including payment requests, cheques, and electronic transfers
• Prepare payroll accurately and ensure statutory deductions and PAYE remittance to MRA
• Prepare budgets, monitor implementation, analyze variances, and provide recommendations
• Prepare and submit monthly financial performance reports to the Managing Director and Board.
• Manage cash flow to ensure liquidity for operations and budgeted activities
• Support budgeting, forecasting, and financial planning in liaison with Operations department and the Managing Director
• Monitor compliance with procurement policies and guidelines
• Ensure integrity and proper operation of the accounting system
• Perform monthly bank reconciliations and reconcile financial records
• Support regulatory inspections and external audits by providing required documentation
• Prepare monthly, quarterly, and annual financial reports in accordance with IFRS
• submission of regulatory reports in liaison with the Managing Director
• Perform any other duties as assigned from time to time by your supervisor

Qualifications & Skills

• Minimum of a Diploma in Accounting (Bachelor’s degree in Accounting will have an added advantage)
• Minimum of 2–5 years of relevant experience in microfinance or financial sector
• Strong proficiency in accounting software, QuickBooks and Microsoft Excel, including advanced formulas
• Excellent numerical accuracy, attention to detail, and analytical skills
• High integrity, professionalism, and trustworthiness
• Results-oriented, hardworking, and able to meet deadlines
• Excellent written and verbal communication skills

Important Notes

• Applicants must clearly indicate their expected salary and benefits in the application letter
• Only shortlisted candidates will be contacted

• Manage day-to-day financial operations of Freedom Financial Services Limited
• Record, post, and approve all financial transactions, including payment requests, cheques, and electronic transfers
• Prepare payroll accurately and ensure statutory deductions and PAYE remittance to MRA
• Prepare budgets, monitor implementation, analyze variances, and provide recommendations
• Prepare and submit monthly financial performance reports to the Managing Director and Board.
• Manage cash flow to ensure liquidity for operations and budgeted activities
• Support budgeting, forecasting, and financial planning in liaison with Operations department and the Managing Director
• Monitor compliance with procurement policies and guidelines
• Ensure integrity and proper operation of the accounting system
• Perform monthly bank reconciliations and reconcile financial records
• Support regulatory inspections and external audits by providing required documentation
• Prepare monthly, quarterly, and annual financial reports in accordance with IFRS
• submission of regulatory reports in liaison with the Managing Director
• Perform any other duties as assigned from time to time by your supervisor

• Strong proficiency in accounting software, QuickBooks and Microsoft Excel, including advanced formulas
• Excellent numerical accuracy, attention to detail, and analytical skills
• High integrity, professionalism, and trustworthiness
• Results-oriented, hardworking, and able to meet deadlines
• Excellent written and verbal communication skills

• Minimum of a Diploma in Accounting (Bachelor’s degree in Accounting will have an added advantage)
• Minimum of 2–5 years of relevant experience in microfinance or financial sector