AMG Global

CHIEF FINANCE OFFICER

ABOUT UNITED GENERAL INSURANCE COMPANY LIMITED

United General Insurance Company Limited (UGI) is one of Malawi’s established insurance institutions, committed to delivering innovative insurance solutions, financial resilience, and long-term value to its stakeholders.

UGI now seeks to appoint a dynamic, commercially astute, and strategically minded professional to the position of Chief Finance Officer. The position is tenable in Blantyre, Malawi.

POSITION SUMMARY

The Chief Finance Officer (CFO) will provide strategic financial leadership to the organisation and serve as a key advisor to the Chief Executive Officer and the Board on matters relating to financial stewardship, governance, risk management, capital management, and long-term financial sustainability.

This is a mission-critical executive leadership role requiring a highly capable finance professional with strong technical depth, commercial insight, governance maturity, and the ability to operate effectively at Executive and Board level.

KEY RESPONSIBILITIES

Financial Leadership & Stewardship

• Budget planning, consolidation, and performance monitoring
• Preparation and presentation of management accounts and financial statements
• Oversight of working capital, cash flow, and investment portfolio

Governance, Risk & Compliance

• Design and maintenance of internal control systems
• Ensuring compliance with statutory and regulatory requirements
• Liaison with auditors, regulators, and external stakeholders

Board & Executive Support

• Preparation of Board papers and financial reports
• Company secretarial responsibilities and Board coordination
• Monitoring implementation of Board resolutions

Insurance-Specific Financial Oversight

• Monitoring reinsurance arrangements and recoveries
• Engagement with financial institutions, brokers, and regulators

Strategic Advisory Role

• Participation in corporate strategy formulation
• Tax planning and financial structuring
• Advising the CEO and Board on financial implications of decisions

ENVISIONED CFO SUCCESS BLUEPRINT (FIRST 12 MONTHS)

• Stabilise and enhance financial reporting and governance structures
• Strengthen internal control and compliance frameworks
• Optimise working capital efficiency and liquidity management
• Elevate Board reporting quality and decision-support capability
• Align finance strategy with business growth and profitability objectives

IDEAL CANDIDATE PROFILE

• A Bachelor’s Degree in Accountancy, Finance, or equivalent
• A professional qualification such as CA Malawi, ACCA, CIMA or equivalent professional accounting qualification
• Minimum of seven (7) years’ relevant experience, preferably within insurance, financial services, or other highly regulated environments
• Demonstrated experience in financial leadership and reporting; Governance and compliance; Strategic planning and decision support; Stakeholder and Board engagement
• Strong analytical, leadership, communication, and decision-making capability

PERSONAL ATTRIBUTES

• High integrity and professional ethics
• Strong leadership presence
• Commercial and strategic orientation
• Sound judgement and problem-solving capability
• Ability to operate effectively under pressure and conflicting deadlines

Applicants meeting the required qualifications and attributes should send an application letter, curriculum vitae, copies of academic and professional qualifications, and names of three referees to: jobs@amgglobal.co.mw quoting reference number: “C0206/05/10” Closing date: Friday, 29 May 2026.

Only shortlisted candidates will be acknowledged. UGI and AMG Global are equal opportunity organisations.