Organisation: Liwiro Finance Limited (Liwiro Microcredit Limited)

Position: Chief Financial Officer (CFO)

Location: Lilongwe, Malawi

Employment Type: Full-Time

Reports to: Chief Executive Officer (CEO)/Managing Director

Application Deadline: Not Specified

ABOUT LIWIRO MICROCREDIT LIMITED

We are a rapidly growing technology-driven, non-deposit taking and duly licenced and regulated microfinance institution dedicated to providing affordable and accessible digital financial solutions to individuals and small and medium enterprises in Malawi. To date, our company has achieved:

• Annual Revenue: Over MWK 5 Billion
• Total Assets: Over MWK 6 Billion
• Rapid nationwide growth supported by proprietary digital lending technology

This is a unique opportunity for an experienced finance leader to help build a world-class financial institution.

JOB SUMMARY

We are seeking a seasoned Chief Financial Officer (CFO) to lead the finance functions of our digital microfinance company. The CFO will be responsible for overseeing the day-to-day functions of the finance department, managing the finance team and driving process improvements to ensure efficient delivery of financial services to our customers. The ideal candidate will have a strong background in finance with impeccable people management skills in the financial services industry. The CFO provides strategic leadership in finance to drive growth and sustainability of the company's services.

KEY RESPONSIBILITIES

The CFO will report directly to the CEO and Board of Directors and will be responsible for all aspects of the Company's financial management, including:

Financial Reporting

• Ensure timely preparation of monthly, quarterly and annual financial statements.
• Ensure full compliance with IFRS and all applicable accounting standards.
• Improve financial reporting quality and internal controls.
• Lead external audits and coordinate with auditors.

IFRS 9 & Credit Risk

• Lead the development and continuous improvement of: Expected Credit Loss (ECL) models, PD, LGD and EAD methodologies, Revenue recognition policies, Loan portfolio analytics.
• Ensure accurate impairment calculations and provisioning.

Regulatory Compliance

• Liaise with regulators including: Reserve Bank of Malawi (RBM), Malawi Revenue Authority (MRA).
• Ensure timely regulatory reporting.
• Maintain compliance with all financial regulations.

Treasury & Liquidity

• Manage liquidity planning and cash flow.
• Develop funding strategies.
• Oversee banking relationships.
• Optimize capital allocation.

Strategic Finance

• Support management on: Business expansion, Capital raising, Debt financing, Investor due diligence, Financial modelling, Mergers & acquisitions where applicable.

Team Leadership

• Lead and mentor the Finance Department.
• Establish a high-performance finance culture.
• Improve financial systems and processes.

MINIMUM QUALIFICATIONS

Applicants should possess:

• Bachelor's Degree in Accounting, Finance or related field.
• ACCA, CIMA, CPA or CA qualification.
• Master's degree or MBA is an advantage.

EXPERIENCE

Candidates should ideally have:

• 8+ years of finance experience.
• 5+ years in senior finance management.
• Experience in Banking, Microfinance, Digital lending, Financial institutions will be a significant advantage.
• Strong understanding of: IFRS, IFRS 9, Financial modelling, Credit risk, Treasury management.
• Experience dealing with external auditors and regulators.

SKILLS

Successful candidates should demonstrate:

• Excellent analytical ability.
• Strong leadership skills.
• High ethical standards.
• Commercial mindset.
• Strategic thinking.
• Excellent communication skills.
• Strong attention to detail.
• Ability to build finance functions in a fast-growing company.

WHAT WE OFFER

• Opportunity to join one of the fastest-growing financial institutions in Malawi.
• Executive leadership role with significant strategic influence.
• Exposure to advanced digital lending technologies.
• Opportunity to build industry-leading finance, risk and reporting frameworks.
• Competitive executive remuneration package based on experience and performance.

IDEAL CANDIDATE

We are looking for a finance leader who is more than an accountant. The ideal CFO will be a strategic business partner capable of supporting rapid growth while maintaining the highest standards of financial governance, regulatory compliance and corporate reporting.

If you have the vision, technical expertise and leadership to help build one of Africa's leading digital finance companies, we would like to hear from you.

COMPENSATION PACKAGE

Minimum MWK 1.5 million+ per month (Negotiable).

The final compensation package will be determined based on the candidate's experience, technical expertise, leadership capability, and overall fit for the role. Exceptional candidates can expect a highly competitive executive remuneration package.

HOW TO APPLY

Interested candidates who meet the above requirements should submit their applications to:

Email: ceo@liwiromalawi.com

Cc: chairman@liwiromalawi.com

Only shortlisted candidates will be contacted.