The Malawi Gaming and Lotteries Authority (MAGLA) is a parastatal body established under an Act of Parliament to regulate the gaming and lotteries industry in Malawi. To deliver on its core mandate, MAGLA seeks to recruit a dynamic, results-oriented, and suitably qualified individual to fill the following senior position:
Job Title: Internal Auditor
Grade: M4
Location: Head Office (Blantyre)
Reporting to : Functionally, the Board Chairperson Administratively, the Director General
Job Summary
- Type: full-time
- Location: Blantyre
- Category: Accounting
- Closing Date: 2026-08-24
Key Responsibilities
- Develop and implement internal audit policies, procedures, and annual audit plans.
- Evaluate the adequacy and effectiveness of internal controls, risk management, and governance processes.
- Conduct financial, operational, performance, and compliance audits.
- Execute detailed audit procedures, including the review of transactions, records, and policies for accuracy and completeness.
- Monitor payments and ensure adherence to internal procedures and applicable legislation.
- Investigate suspected fraud, Irregularities, or misappropriations.
- Conduct spot checks at operational sites to verify compliance with agreed standards, specifications and procedures, and report on adherence to operational and financial controls.
- Review and update the Internal Audit Charter and related policies.
- Assess compliance with the Malawi Gaming and Lotteries Act, Public Audit Act, Public Finance Management Act, Public Procurement and Disposal of Assets Act, and other relevant laws.
- Assess compliance with relevant regulations, policies, and procedures.
- Provide practical recommendations to strengthen controls and mitigate risks.
- Prepare and submit timely audit reports to the Board.
- Track and report on the implementation of audit recommendations.
Requirements
- Strong knowledge of Malawi Gaming and Lotteries Act, Public Audit Act, Public Finance Management Act, Public Procurement and Disposal of Assets Act, International Financial Reporting Standards, Companies Act, Labour Laws, and other relevant legislation regulating the gaming and lotteries industry.
- High integrity, independence, and professionalism.
- Excellent analytical, communication, and interpersonal skills.
- Strong report writing and presentation abilities.
- Ability to manage multiple assignments and meet tight deadlines.
- Bachelor’s Degree in Accounting or Auditing.
- A recognized professional qualification at Chartered level (e.g., ACCA, CIMA, CA).
- Minimum of four (4) years’ practical auditing experience in a reputable organization.
- Must be a registered member in good standing with the Institute of Internal Auditors (IIA) or a similar recognized professional bodies.
Salary
An attractive salary and benefits package commensurate with the seniority of the position will be offered to the successful candidate.
How to Apply
Interested candidates meeting the above requirements should submit their application under confidential cover, including a detailed Curriculum Vitae (CV) with names and contact details of three traceable referees, to the following address by post or email no later than 24th August 2026:
The Director General
Malawi Gaming and Lotteries Authority
P.O. Box 3062
BLANTYRE
Email: magla@magla.org.mw
About the Company
The Malawi Gaming and Lotteries Authority (MAGLA) serves as the primary statutory body responsible for regulating and overseeing all gaming and lottery activities throughout Malawi. Established by the Malawi Gaming and Lotteries Act 2022, this Authority ensures adherence to legal frameworks and promotes responsible conduct within the sector. MAGLA’s mandate includes licensing operators, monitoring compliance, and safeguarding the interests of participants. By enforcing robust regulations, the Authority aims to foster a secure, transparent, and fair gaming environment for all stakeholders across the nation.
Regulating and overseeing gaming and lottery activities across Malawi.
Website: https://magla.org.mw/
Frequently Asked Questions
What qualifications and certifications are typically required for an Internal Auditor role in Malawi?
Generally, a bachelor's degree in Accounting, Finance, or a related field is essential for this position. Professional certifications such as ACCA, CIMA, or CIA are highly advantageous and often preferred by employers in Malawi, demonstrating advanced expertise.
What are the common day-to-day responsibilities of an Internal Auditor in a Malawian organization, particularly in the gaming sector?
Daily tasks involve reviewing financial records, operational procedures, and ensuring compliance with relevant laws and regulations specific to the gaming industry. You will also be expected to conduct risk assessments, prepare detailed audit reports, and recommend improvements to internal controls and processes.
What is the typical work culture and what are the general expectations for an Internal Auditor in Malawi?
Professionalism, integrity, and adherence to ethical standards are highly valued within the Malawian corporate environment, especially in sensitive roles like auditing. Expect a structured work setting where teamwork, respect for hierarchy, and strong communication skills are crucial for effective collaboration.
What are the realistic career progression opportunities for an Internal Auditor in Malawi?
Career progression often leads to senior internal auditor roles, audit manager positions, or even broader financial management roles within an organization. Gaining extensive experience and additional professional certifications can also open doors to consulting or external audit firms across Malawi.
What kind of benefits package can I realistically expect as an Internal Auditor in Malawi?
Most reputable organizations in Malawi offer a standard benefits package that typically includes paid annual leave, medical aid coverage, and a pension scheme. The specifics of these benefits can vary significantly between employers, depending on their policies and the seniority of the role.
What is the best way to apply for Internal Auditor roles in Malawi, and what do employers generally look for?
Applications are usually submitted online or via email with a detailed Curriculum Vitae (CV) and a tailored cover letter addressing the job description. Employers seek candidates with strong analytical skills, meticulous attention to detail, a solid understanding of local financial regulations, and a proven track record of integrity.