Senior Finance Officer – Stocks Controls Jobs at National Oil Company of Malawi (NOCMA)


Jobs in Lilongwe Malawi National Oil Company of Malawi (NOCMA) Jobs in Lilongwe Senior Finance Officer – Stocks Controls Jobs in Lilongwe at National Oil Company of Malawi (NOCMA) Senior Finance Officer – Stocks Controls Employment opportunities National Oil Company of Malawi (NOCMA)


Closes*> March 25, 2021

![National Oil Company of Malawi \(NOCMA\)](https//jobsearchmalawi.com/wp-
content/uploads/2021/03/NOCMA-150x150.jpg6bfec1&6bfec1)

National Oil Company of Malawi (NOCMA)

The National Oil Company of Malawi (NOCMA) whose main objective to ensure
security of fuel supply

in Malawi is a wholly owned Malawi Government Company established under the
Company’s Act of

1984 on the 10th December 2010 and commenced its operation in 2012. NOCMA is
responsible for

managing the Country’s 60 million litres Strategic Fuel Reserves situated in
Blantyre, Lilongwe and Mzuzu; and smaller depots in Chilumba, Chipoka and
Mchinji.

Over the past eight (8) years, the Company has grown tremendously in its
national strategic importance

with its fuel importation market share growing from ten percent (10%) in 2015
to an average of sixty-Five percent (65%) in 2019/20 and this has been matched
with growth in Institutional capacity and investments to enable efficiency and
effectiveness in executing its mandate.

In its drive to ensure improved and sustained efficiency and effectiveness in
delivery of its mandate, NOCMA is seeking to recruit qualified and experienced
candidates to fill various highly rewarding positions that have arisen within
the Company.

An attractive remuneration package commensurate with experience and
qualification is on offer to the

right candidates with prospects to build a meaningful career within the Oil
Industry.

NOCMA is therefore excited to invite interested applications to apply for the
following position

Senior Finance Officer – Stocks Controls, tenable at Head Office in Lilongwe

Specific Responsibilities

Reporting to the Finance Manager – Management Accounts the position holder
will be expected to
• Work with the Operations department to forecast fuel supply and demand to
prevent overstocking and running out-of-stock (OOS)
• Maintain an up-to-date fuel supply stock details (vendor’s information,
invoices and pricing) in the Company’s internal databases;
• Liaise with relevant departments and/or sections to ensure coordination
between fuel supply financing requirements based on projected fuel supply
order;
• Support provision of timely information to support processing of letters of
credits with financiers, suppliers and the Company’s supply section;
• Oversee product storage and ensure security of supply in liaison with the
Operations;
• Coordinate regular product stock taking at all the Company’s depot
• Keep updated product inventory records
• Produce weekly stock reconciliations Carrying out monthly stock checks,
handling stock discrepancy investigations, organizing stock-takes and
producing reports, producing monthly sales margins and castings for the
business.
• Provide business and analytical decision support using tailored system
applications (i.e., SAP, Business Intelligence).
• Perform reconciliation between internal and system records;
• And any other duties as assigned by Immediate Supervisors.

Qualifications, Skills and Experience
• Bachelor’s Degree in Accounting and ACCA, CIMA or at least advanced stage
towards acquiring professional qualification
• 5-10 years of solid stock control experience
• Proven track record in working with multidisciplinary teams
• Knowledge of supply and distribution businesses
• Demonstrated skill balancing risk and reward in decision making process
• Knowledge of geographic footprint and industry players in the country
• Proven ability to build internal and external networks to enhance business
and share knowledge
• Strong communication skills – written & verbal
• Skillful use of MS Office suite
• Negotiations – Ability to effectively close deals while ensuring mutual
value. Is able to drive customer conversations to a “win-win”. Experience in
effectively managing difficult conversations. Ability to effectively
leveraging customer relationships through a negotiations process.
• Value Maximization – Ability to construct account reviews with customers.
• Interpersonal Interaction – Ability to express ideas and points of view in a
clear, well-structured, and concise manner. Is able to influence and persuade
others through communications.

Application procedure

Eligible candidates meeting the required qualifications and experience should
send applications with cover letter, copies of certificates, detailed
curriculum vitae (CV), names, addresses and telephone numbers of three
traceable referees to the following address by the 25th March 2021;

The Deputy Chief Executive Officer

National Oil Company of Malawi Ltd

4th Floor, Kang’ombe House

Private Bag 370

LILONGWE 3

Attention Mrs. Molly Chilizani, Human Resources Officer (nocmajobs@nocma.mw)

Female candidates are strongly encouraged to apply as NOCMA is committed to
achieving relevant quota provisions in the Malawi Gender Equality Act 2013

Send your Application Through




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URL Link to Apply


Jobs in Lilongwe Malawi National Oil Company of Malawi (NOCMA) Jobs in Lilongwe Senior Finance Officer – Stocks Controls Jobs in Lilongwe at National Oil Company of Malawi (NOCMA) Senior Finance Officer – Stocks Controls Employment opportunities National Oil Company of Malawi (NOCMA)


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