Applications are invited from suitably qualified persons to fill a vacant position of Internal Auditor for NASFAM Commodity Marketing Exchange (NASCOMEX) Limited, the commercial arm of NASFAM.
The Internal Auditor is responsible for strengthening compliance with regulations, systems and internal controls, policies and procedures in order to minimise business risks at all levels of the system.
The position is available at Kanengo in Lilongwe and reports to the General Manager.
The Internal Auditor is responsible for strengthening compliance with regulations, systems and internal controls, policies and procedures in order to minimise business risks at all levels of the system.
The position is available at Kanengo in Lilongwe and reports to the General Manager.
Job Summary
- Employer: NASFAM Commodity Marketing Exchange (NASCOMEX) Limited
- Job Type: Full-time
- Location: Lilongwe, Malawi
- Category: Accounting
- Closing Date: 2026-10-02
Key Responsibilities
- Develop annual audit plans for NASCOMEX for establishment of preventive, detective and corrective controls.
- Carry out risk-based audit of internal control processes for NASCOMEX and other NASFAM entities and present reports with recommendations to Management.
- Review and analyse the efficiency of all NASCOMEX key business operations and systems, monitoring compliance with applicable laws, regulations and standard operating procedures, identify any loopholes and potential risks and recommend to Management any areas requiring improvements and redress.
- Monitor stock and inventory management systems and liaise with the Warehouse and Logistics Manager and the Finance on any flaws, lack of adherence and areas requiring improvement.
- Conduct periodic and adhoc stock takes in all NASCOMEX warehouses and on all commodities and liaise with Finance and Warehousing on differences and loopholes requiring redress.
- Work with Management to investigate complaints and issues arising from allegations of misconduct or fraud or those that are performance related and submit a report for further actions by Management
- Support management take appropriate measures to minimize all forms of non-compliance to regulations, policies and procedures and reduce conditions inducing non-compliance.
- Prepare and submit periodic reports on general overview of the company in terms of compliance and adherence to different regulations, policies and procedures and on any other special audits that may be conducted.
Requirements
- Minimum Educational Qualification of a first degree in Accounting and Auditing or any related discipline and must be a member of the Institute of Internal Auditors.
- Experience: At least 5 years working experience in a related field.
- In-depth understanding and experience in stock and inventory management
- An in-depth understanding and experience with audit standards, financial and accounting regulations
- Demonstrable experience in conducting internal Audits
- Must have the ability to identify potential business risks
- Must have a very good understanding of the agribusiness sector
- Good communication and report writing skills
- Must be a person with high levels of integrity
- A strong self-starter and self-motivated person.
How to Apply
Apply by email: hr@nasfam.org
Address: P.O. Box 30716,
Address: P.O. Box 30716,
About the Company
NASFAM Commodity Marketing Exchange (NASCOMEX) Limited is a Malawian company that facilitates market access for smallholder farmers across Malawi, primarily in the agricultural commodities sector. Operating as part of the National Smallholder Farmers' Association of Malawi (NASFAM) group, NASCOMEX provides trading, aggregation, and marketing services that connect rural producers in Malawi to domestic and international buyers. The company handles crops such as groundnuts, soya, and other legumes, working through farmer organizations and cooperatives throughout Malawi to improve price transparency and reduce post-harvest losses. Based in Lilongwe, NASCOMEX plays a key role in Malawi's agricultural value chain by offering warehouse receipt systems, quality certification, and structured trading platforms that benefit small-scale producers.
Linking Malawian smallholder farmers to fair markets
Frequently Asked Questions
What qualifications and certifications are typically required for an Internal Auditor role at a Malawian commodity marketing company?
Most employers require a Bachelor's degree in Accounting, Finance, or Business Administration from a recognized institution like the University of Malawi or Mzuzu University. Professional certifications such as ACCA, CIMA, or CIA are highly valued and often preferred. Membership with the Institute of Chartered Accountants in Malawi (ICAM) significantly strengthens your application.
What are the typical day-to-day responsibilities of an Internal Auditor at a commodity exchange like NASCOMEX?
You will conduct risk assessments and internal control evaluations for grain procurement, storage, and trading operations. Regular tasks include reviewing financial records, verifying stock inventories at warehouses, and preparing audit reports for management and the board. You will also ensure compliance with agricultural sector regulations and donor funding requirements common in Malawi's commodity sector.
How does workplace culture and professional etiquette differ in Malawian organizations compared to international standards?
Malawian workplaces emphasize respect for hierarchy and formal communication with senior management. Building personal relationships and demonstrating patience in decision-making processes are important cultural norms. Punctuality is expected, though flexibility exists, and participating in team meetings and social gatherings helps establish trust with colleagues.
What career progression opportunities exist for Internal Auditors in Malawi's agricultural and financial sectors?
With experience, you can advance to Senior Internal Auditor, Internal Audit Manager, or Chief Audit Executive positions within larger organizations. Many professionals transition into risk management, compliance roles, or finance director positions in NGOs, banks, and agricultural processing companies. Further specialization in agricultural commodity trading or obtaining additional certifications opens doors to regional roles with SADC-based organizations.
What employee benefits are commonly offered for professional accounting roles in Malawian companies?
Standard benefits typically include annual leave of 18-24 days, sick leave provisions, and pension contributions through NICO or other registered schemes. Medical aid coverage varies by employer, with larger organizations often providing family-inclusive health insurance. Some commodity sector employers offer performance bonuses, transport allowances, and professional development support for continuing education.
How should I apply for an Internal Auditor position in Malawi, and what do employers prioritize in candidates?
Submit a detailed CV and cover letter through the employer's specified channel, often email or online portals, ensuring documents are professionally formatted. Employers prioritize demonstrated experience with agricultural value chains, strong analytical skills, and familiarity with Malawian regulatory frameworks. Highlight any audit software proficiency, knowledge of ERP systems, and fluency in Chichewa alongside English to strengthen your candidacy.