of Finance

View job details
  • Grade:
  • Type:
  • Closing date:
  • 3
  • Indefinite
  • 22/02/2019
  • Job code:
  • Team:
  • Date posted:
  • FIN/003/19
  • Finance
  • 23/01/2019

About the Finance Department

The Finance Department oversees and manages all the financial aspects of the Authority and drives its financial strategy and planning.


The Role

The Head of Finance will be responsible for managing the Finance Department as follows:

  • Conduct analysis to make forecasts and report to the Executive Committee;
  • Coordinate the collection and compilation of information for budgetary purposes and compile annual budgets together with the necessary ancillary budget explanations for presentation to the Executive Committee and the Board of Governors;
  • Monitor of capital and operating expenditure against pre-approved Authority budgets;
  • Retain constant awareness of the Authority’s financial position and act to prevent problems;
  • Manage the timely invoicing and collection of receivables including aged debtors;
  • Lead licence holder fee reviews;
  • Compile timely and detailed reports on financial performance comparing to budgets on a monthly, quarterly and annual basis for the Executive Committee and Board of Governors;
  • Prepare FDRS returns to Ministry of Finance;
  • Manage the procurement function of the organisation, including procedures, negotiating with suppliers and the issue of tenders, where applicable, in line with the policies established by the Board of Governors and in line with the Procurement Regulations in force;
  • Ensure adherence to financial laws and guidelines;
  • Set targets for and supervise all accounting and finance staff;
  • Reports on a regular basis to the Chief Operations Officer and the Executive Committee.



How to apply

or query for further information

Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application to vacancies@mfsa.com.mt.


Other important information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.org.mt under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage www.mfsa.com.mt.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate’s appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.