LifeCo Asset Management Limited invites applications from suitably qualified and experienced candidates to take on the position of an Accountant – Investment Management tenable at its Head Office in Blantyre.
Reporting to the Investment Manager, the successful candidate will play a critical role in assisting the Investment Manager in handling the holistic accounting and operational duties for the Company, preparing management accounts and financial statements for the company.
Job Summary
- Employer: LifeCo Asset Management Limited
- Job Type: Full-time
- Location: Blantyre, Malawi
- Category: Accounting
- Closing Date: 2026-09-28
Key Responsibilities
- Ensure compliance with client investment mandates/agreements, maintain sound business practices and adherence to the Financial Services Act 2010, the Securities Act 2010, and all Financial Services Directives therein, as well as in compliance with all international accounting standards.
- Run the accounting & operations department for the Company with a hands-on approach.
- Handling bank reconciliation processes for daily, weekly and monthly reporting.
- Ensuring funds’ payments and investment transfers are executed promptly.
- Preparation of general ledger reconciliations, management accounts and financial statements.
- Preparation and filling of monthly tax returns (PAYE WHT and VAT) and ensuring client WHT receipts have been furnished to clients.
- Assist in the preparation of board packs.
- Assist in the preparation, crafting and implementation of strategic business plan and budget.
- Coordination of internal and external audit reviews and manage risk and compliance aspects of the Company.
Requirements
- Bachelor’s degree in Accounting, Finance, or Business Administration. Certified ACCA, CIMA or ICAM candidates or those working towards the final stages of these qualifications will have an added advantage.
- At least 5 years of practical experience as an accountant.
How to Apply
Apply by email: careers@lifeco.mw
Frequently Asked Questions
What qualifications or certifications are typically required for an Accountant role in investment management in Malawi?
Most employers require a bachelor's degree in Accounting, Finance, or Commerce from a recognized Malawian university such as the University of Malawi or Mzuzu University. Professional certifications like ACCA, CIMA, or CA Malawi are highly valued and often preferred for senior positions. Some roles may accept part-qualified candidates who are actively pursuing these certifications.
What are the typical day-to-day responsibilities of an Accountant in investment management?
Daily tasks include preparing financial statements, reconciling investment portfolios, monitoring fund performance, and ensuring compliance with Reserve Bank of Malawi regulations. You will also liaise with auditors, prepare tax returns, and support month-end and year-end reporting cycles. Accuracy and attention to detail are critical given the regulatory scrutiny in the financial sector.
How does workplace culture in Malawian financial institutions typically operate?
Malawian workplaces generally value respect for hierarchy, punctuality, and formal communication, especially in established firms like asset management companies. Dress codes are typically business formal, and relationship-building with colleagues and stakeholders is important. Expect a collaborative environment but with clear accountability structures and performance reviews.
What career progression opportunities exist for Accountants in Malawi's investment management sector?
With experience and professional qualifications, you can progress to Senior Accountant, Finance Manager, or Chief Financial Officer roles within the firm. Some professionals move into portfolio management, risk management, or compliance specializations. External opportunities include roles at the Reserve Bank of Malawi, pension funds, or international NGOs operating in the country.
What benefits are commonly offered for full-time Accountant positions in Malawi?
Standard benefits typically include annual leave as prescribed by Malawi labour law, medical aid or health insurance contributions, and pension scheme membership often aligned with the National Pension Scheme Authority. Some employers offer performance bonuses, professional development support for certifications, and funeral insurance. Specific packages vary significantly by employer size and sector.
How should I apply for an Accountant position, and what do Malawian employers look for in candidates?
Submit a concise CV and tailored cover letter through the employer's specified channel, usually email or an online portal, ensuring all documents are professionally formatted. Employers prioritize demonstrated integrity, proficiency in accounting software like SAP or QuickBooks, and strong understanding of Malawi's tax and regulatory framework. References from previous supervisors or chartered accountants carry significant weight in the selection process.