The Board of Directors of ADMARC Ltd resolved to overhaul ADMARC Ltd by Corporate restructuring
The Board approved new structures for ADMARC Ltd with new skills sets to take the new ADMARC forward. All employees were retrenched.
ADMARC Limited, a Statutory Corporation in Agricultural Marketing, is looking for suitable, qualified and experienced candidates to fill the following positions: –
Title of Post: Director of Finance (DOF)
Grade: AL 2 (Three Years Contract- Renewable)
Location: Head Office
Reporting to: Chief Executive Officer
Purpose of the Job
To provide strategic leadership, direction and guidance on prudent use and management of all financial and material resources to enable the company to achieve its goals in the most efficient and effective manner.
Job Summary
- Type: contract
- Location: Lilongwe
- Category: Finance
- Closing Date: 2026-08-28
Key Responsibilities
- Providing leadership for the formulation of financial accounting strategies to ensure that financial services contribute effectively and efficiently to the goals of the company
- Advising the Chief Executive and top management team on financial matters and establishing appropriate policies and procedures to ensure compliance with legal and professional standards
- Facilitating the preparation of financial statements and production of cost, management, revenue and expenditure accounts
- Coordinating the preparation/consolidation of annual budgets and monitoring and controlling expenditure patterns of ADMARC Limited
- Coordinating the production of Monthly/Quarterly Operational Reports and Financial Statements for the information of the Chief Executive and the Board
- Advising CEO and the Board on sourcing external and internal financing and ensuring compliance with financing terms and conditions
- Interpreting and advising on company financial policy, systems, regulations and procedures
- Ensuring that appropriate and adequate internal controls are in place and operational
- Establishing reviews and maintaining sound financial management systems, rules, policies, regulations and procurement matters
- Monitoring cash and bank balances, and short-term and long-term investments
- Monitoring and controlling expenditure to ensure adherence to budget policies, systems and procedures and advising management and stakeholders on financial matters
- Identifying capacity development needs of subordinates in the Department
Requirements
- Bachelor’s Degree in Finance or Accountancy from a recognised institution
- Master’s Degree in Accounting/Finance and full professional qualification such as: ACCA, CPA, CIMA, or ACA
- Seven (7) years relevant post qualification experience at senior management level
How to Apply
The Chief Executive Officer
ADMARC Ltd
P. O. Box 5052
LIMBE
Please indicate the position you have applied for at the top of the envelope. Only shortlisted candidates wi e acknowledged and invited for interviews. ADMARC Limited is an equal opportunity employe
About the Company
ADMARC Limited, also known as the Agricultural Development and Marketing Corporation, is a pivotal Malawian parastatal enterprise. Established to stabilize agricultural markets, the organization plays a crucial role in ensuring national food security and supporting smallholder farmers across Malawi. It achieves this by operating an extensive network of depots and markets, facilitating the purchase and sale of key agricultural commodities, most notably maize. ADMARC's operations are fundamental to linking Malawian farmers to reliable markets, often participating in government initiatives like the Affordable Inputs Program. The company remains a key player in Malawi's socio-economic development through its agricultural mandates.
Malawi's cornerstone in agricultural marketing and food security.
Frequently Asked Questions
What are the typical qualifications and certifications required for a Director of Finance role in Malawi?
Candidates usually need a Bachelor's degree in Accounting, Finance, or a related field, often coupled with a Master's degree like an MBA. Professional certifications such as ACCA, CIMA, or CPA are highly preferred and often mandatory for such senior leadership positions in Malawi. Significant progressive experience in financial management at a senior level is also crucial.
What are the common day-to-day responsibilities for a Director of Finance in a Malawian parastatal?
The role involves overseeing all financial operations, including budgeting, forecasting, financial reporting, and treasury management. Day-to-day tasks include strategic financial planning, ensuring compliance with local regulations, and providing financial insights to senior management for decision-making. You would also manage and mentor a finance team.
What can I expect regarding local work culture and professional expectations for a senior finance leader in Malawi?
Malawian work culture often values respect for hierarchy, strong interpersonal relationships, and a collaborative approach. For a Director of Finance, high integrity, transparency, and accountability are paramount, especially in public sector-related entities. Punctuality and commitment to deadlines are also highly expected.
What realistic career progression or growth paths are available after serving as a Director of Finance in Malawi?
A successful tenure in this role can lead to opportunities such as Chief Financial Officer (CFO) positions in larger organizations or other C-suite roles. Some individuals might transition into consultancy, board positions, or roles in regional or international development organizations. Continuous professional development and networking are key to unlocking these paths.
What typical benefits package, including leave, medical aid, and pension, can one expect for a Director of Finance role in Malawi?
Senior management roles in Malawi typically come with a comprehensive benefits package. This often includes generous annual leave, robust medical aid coverage for the employee and dependents, and a competitive pension scheme. Other benefits might encompass a company vehicle, housing allowance, or professional development support, varying by employer.
How should one apply for such a senior finance role in Malawi, and what do employers typically look for?
Applications usually require a detailed CV and a compelling cover letter highlighting relevant experience and achievements aligned with the job description. Malawian employers prioritize candidates with strong leadership skills, a proven track record in financial management, and a deep understanding of local financial regulations and compliance. Networking within the finance community is also beneficial.