Assistant Management Accountant

Central Region Water Board
VACANCIES

Central Region Water Board is a statutory corporation mandated by the Waterworks Act No. 17 of 1995 to provide water and sanitation services in towns and market centres in the Central Region, except Lilongwe City.

The Board invites applications from suitably qualified candidates to fill the following vacant positions. The duties and minimum requirements for each position are set out below.

ASSISTANT MANAGEMENT ACCOUNTANT
Grade: CRWB 5

Key duties and responsibilities

– Assists the Management Accountant in preparing monthly, quarterly and annual management accounts and supporting schedules.
– Collects and consolidates budget submissions from departments, zones and schemes and assists in preparing annual budgets and periodic forecasts.
– Compiles revenue and expenditure reports, compares actual results with budgets and investigates variances for review by the Management Accountant.
– Prepares cost schedules for water production, treatment and distribution, including electricity, chemicals and maintenance, to support cost analysis.
– Prepares and checks journals, accruals and prepayments, and maintains supporting documentation for review and approval.
– Prepares bank, general ledger and control account reconciliations and follows up outstanding items and discrepancies.
– Assists in preparing cash flow forecasts and schedules of receipts, payments and outstanding commitments.
– Reconciles billing and revenue collection records with the general ledger and prepares aged receivables schedules in liaison with the Revenue Section.
– Updates fixed asset records and prepares depreciation schedules and supporting records for asset additions, transfers and disposals.
– Assists in reconciling inventory records, reviewing stocktaking results and preparing supporting schedules for approved stock adjustments.
– Checks payment vouchers and supporting documents for completeness, correct coding and appropriate authorisation before submission for approval.
– Assists with month-end and year-end closing, preparation of financial statements and compilation of audit schedules.
– Provides supporting information for audit queries and follows up agreed actions under the guidance of the Management Accountant.
– Maintains accurate accounting records and organised financial files and complies with the Board’s accounting procedures and internal controls.
– Performs other duties relevant to the post as assigned from time to time.

Minimum qualifications and experience

– A minimum of a bachelor’s degree in Accountancy from a recognised institution.
– Currently studying towards a recognised professional accountancy qualification, such as ACCA, CIMA or Chartered Accountant Malawi (CA(M)).
– Current registration with the Institute of Chartered Accountants in Malawi (ICAM) in the appropriate category.
– At least three years of relevant practical accounting experience, including preparation of reconciliations, budget monitoring, expenditure analysis and financial reporting.
– Proficiency in accounting software and Microsoft Excel, including preparation of reconciliations and financial schedules.

How to apply

Applicants who meet the requirements should submit an application letter and a curriculum vitae containing details of three traceable referees. Applications must be enclosed in a sealed envelope clearly marked with the title of the position applied for.

Applications must be submitted no later than 30th November 2026 to:
Chief Executive Officer
Central Region Water Board
Private Bag 59
Lilongwe

Central Region Water Board is an equal opportunity employer. All suitably qualified candidates are encouraged to apply.