CAREER OPPORTUNITY

Finance Manager – Financial Performance

Applications are invited from suitably qualified candidates to fill the position of Finance Manager – Financial Performance tenable in Blantyre at Grade 5.

Reporting to the Financial Controller, the successful candidate will be responsible for managing the bank’s operations, maintaining a strong financial control environment, optimizing the balance sheet, and monitoring financial performance in line with First Capital Bank policies, IFRS, and regulatory requirements.

Key Responsibilities

• Oversee the financial control of operational expenditure, including payments to regulatory bodies, vendors, and ensuring timely execution and avoidance of penalties.
• Manage financial control of all fixed assets, including CAPEX project monitoring, asset accounting, insurance coverage, and depreciation.
• Ensure accurate revenue recognition, reporting, and end-to-end income reconciliations across all service lines; follow up on underperforming products.
• Oversee Capex expenditure reporting, budgeting, and status tracking.
• Manage intercompany transactions, balances, invoic-ing, reconciliations, and monthly confirmations.
• Monitor overall financial performance prepare management reports and conduct variance analysis against budget.
• Control budget and operational overheads, including responsibility accounting, early warning on overruns, and adherence to policies.
• Handle regulators and vendor management including creditor reconciliations, aging analysis, timely pay-ments, and maintaining cordial relationships.
• Oversee inventory financial control, including stock reconciliations, physical counts, slow-moving inventory reviews, and IFRS-compliant costing.
• Provide leadership in enterprise risk management, financial controls, and people management (staff supervision, performance appraisals, training, and welfare).

Qualifications and Requirements

• Bachelor’s degree in accounting or related field.
• Professional qualification: ACCA or CIMA (full mem-bership)
• 4 – 8 years’ progressive experience in financial ac-counting, reporting, and controls, with at least 3 years at managerial level. Desirable: 2 – 4 years in banking or audit.
• Membership: Institute of Chartered Accountants in Malawi (ICAM) and Malawi Accountants Board (MAB).

Technical Skills/Competencies

• Excellent analytical, problem-solving and organisational skills.
• Strong knowledge and application of IFRSs and changes in financial reporting regulations.
• Proficiency in internal controls, Excel for analysis, and accounting systems.
• Leadership, ability to work with minimal supervision, meet deadlines, and supervise staff.
• Ethical conduct, professional behaviour, and knowledge of RBM guidelines.

• Oversee the financial control of operational expenditure, including payments to regulatory bodies, vendors, and ensuring timely execution and avoidance of penalties.
• Manage financial control of all fixed assets, including CAPEX project monitoring, asset accounting, insurance coverage, and depreciation.
• Ensure accurate revenue recognition, reporting, and end-to-end income reconciliations across all service lines; follow up on underperforming products.
• Oversee Capex expenditure reporting, budgeting, and status tracking.
• Manage intercompany transactions, balances, invoic-ing, reconciliations, and monthly confirmations.
• Monitor overall financial performance prepare management reports and conduct variance analysis against budget.
• Control budget and operational overheads, including responsibility accounting, early warning on overruns, and adherence to policies.
• Handle regulators and vendor management including creditor reconciliations, aging analysis, timely pay-ments, and maintaining cordial relationships.
• Oversee inventory financial control, including stock reconciliations, physical counts, slow-moving inventory reviews, and IFRS-compliant costing.
• Provide leadership in enterprise risk management, financial controls, and people management (staff supervision, performance appraisals, training, and welfare).

• Excellent analytical, problem-solving and organisational skills.
• Strong knowledge and application of IFRSs and changes in financial reporting regulations.
• Proficiency in internal controls, Excel for analysis, and accounting systems.
• Leadership, ability to work with minimal supervision, meet deadlines, and supervise staff.
• Ethical conduct, professional behaviour, and knowledge of RBM guidelines.

• Bachelor’s degree in accounting or related field.
• Professional qualification: ACCA or CIMA (full mem-bership)
• 4 – 8 years’ progressive experience in financial ac-counting, reporting, and controls, with at least 3 years at managerial level. Desirable: 2 – 4 years in banking or audit.
• Membership: Institute of Chartered Accountants in Malawi (ICAM) and Malawi Accountants Board (MAB).