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Illovo Sugar (Malawi) plc is the country’s leading producer of raw, refined and specialty sugars; employing more than 9000 employees. Illovo Sugar (Malawi) plc is part of Illovo Sugar Africa Group; a wholly-owned subsidiary of Associated British Foods plc (ABF).
Job Summary
- Employer: Illovo Sugar (Malawi) Plc
- Job Type: Full-time
- Location: Lilongwe, Malawi
- Category: Finance
- Closing Date: 2026-09-24
Key Responsibilities
- Partner with the General Manager and Estate Leadership Team to develop, execute and monitor the financial strategies, ensuring alignment with the business objectives.
- Drive the implementation of the final discipline in decision-making by providing rigorous analysis to evaluate and implement value-enhancing initiatives.
- Lead the preparation and delivery of monthly management reports, annual budgets, strategic plans, and financial forecasts.
- Drive financial performance by identifying opportunities for cost optimization, productivity improvement, value creation, and risk mitigation across estate.
- Establish and maintain a robust governance and internal control framework that ensures corporate and stakeholder confidence.
- Oversee the management and delivery of Information Technology (IT) services on the site.
- Ensure effective engagement with the Finance Shared Services Centre (SSC), corporate finance, external auditors, regulatory bodies and other key stakeholders.
- Lead financial planning, analysis and investment evaluations, providing insight into major business decisions, capital expenditure projects, and strategic planning.
- Lead and adhere to Illovo’s procedures, policies and guidelines, including, without limitation, those relating to SHERQ, Competition Law and Anti-Bribery and Corruption (ABC).
Requirements
- Chartered Accountant (CA(MW), Chartered Institute of Management Accountants (CIMA), or Association of Chartered Certified Accountants (ACCA) qualification is required.
- Master of Business Administration (MBA) or an additional relevant postgraduate qualification will be an added advantage.
- Minimum of five (5) years’ post-qualification experience in a finance-related role.
- Minimum of five (5) years’ experience in finance management with demonstrated accountability for financial planning, reporting, budgeting, and controls.
- Three (3) to five (5) years’ experience in a middle management role, with proven leadership and people management capabilities.
How to Apply
Apply by email: nchalohr@illovo.co.za
Address: The HR Mill Head Illovo Sugar (Malawi) Plc, Private Bag 50 Blantyre
Address: The HR Mill Head Illovo Sugar (Malawi) Plc, Private Bag 50 Blantyre
About the Company
Illovo Sugar (Malawi) plc is a key player in Malawi's agricultural and industrial landscape, primarily engaged in sugar production. This prominent Malawian company maintains a public listing on the Malawi Stock Exchange. The majority of its issued share capital, precisely 76%, is held by the Illovo Group, a significant entity in the African sugar sector. The remaining shares are accessible to the public, fostering local investment and broader participation in the company's operations within Malawi.
Malawi's key producer of sugar, listed on the local exchange.
Frequently Asked Questions
What qualifications and certifications are typically required for a Finance Manager role in Malawi?
A Finance Manager in Malawi typically requires a Bachelor's degree in Finance, Accounting, or a related field, and professional certifications such as ACCA, CIMA, or CPA. Relevant experience in financial management, preferably in the manufacturing or agricultural sector, is also essential. Some employers may prefer a Master's degree in Finance or a related field.
What are the common day-to-day responsibilities of a Finance Manager in Malawi?
As a Finance Manager in Malawi, typical day-to-day responsibilities include managing financial planning, budgeting, and reporting, as well as overseeing accounting, tax, and compliance functions. You will also be responsible for financial analysis, forecasting, and providing financial guidance to senior management. Additionally, you may be involved in managing relationships with banks, investors, and other financial stakeholders.
What are the local work culture and expectations in Malawi for a Finance Manager?
In Malawi, Finance Managers are expected to be proactive, results-driven, and able to work effectively in a fast-paced environment. You will be required to build strong relationships with colleagues, stakeholders, and external partners, and to communicate financial information in a clear and concise manner. Malawi's work culture values respect, teamwork, and adaptability.
What are the typical benefits offered to Finance Managers in Malawi?
Finance Managers in Malawi typically receive a range of benefits, including a competitive salary, medical aid, pension scheme, and annual leave. Other benefits may include performance-based bonuses, staff training and development programs, and access to company vehicles or other perks. The specific benefits package will vary depending on the employer and industry.
How can I apply for a Finance Manager role in Malawi and what do employers look for?
To apply for a Finance Manager role in Malawi, you will typically need to submit a detailed CV and cover letter, highlighting your relevant experience, qualifications, and skills. Employers in Malawi look for candidates with strong technical skills, business acumen, and leadership abilities, as well as excellent communication and interpersonal skills. You can search for Finance Manager jobs on popular job boards, company websites, or through recruitment agencies.
What are the realistic career progression and growth paths for a Finance Manager in Malawi?
With experience, Finance Managers in Malawi can progress to senior leadership roles, such as Financial Director or Chief Financial Officer. Alternatively, you may choose to specialize in a particular area of finance, such as taxation or financial planning, or pursue a career in a related field, such as business consulting or entrepreneurship. Career advancement opportunities will depend on individual performance, skills, and market demand.