Professional II/Officer I (Finance) – Jobsplus Permit Number 561/2025

Full Time
Posted:
Closes: July 8, 2025
Professional II/Officer I (Finance) – Jobsplus Permit Number 561/2025
Company Name
Malta Development Bank
Industry
Banking
Company Overview
The Malta Development Bank (MDB) was established on 24 November 2017 when the Malta Development Bank Act, 2017 came into force (Act No XXI of 2017 – CAP 574). It commenced operations on 11 December 2017 when the Board of Directors was appointed and held its first meeting. The MDB is fully owned by the Government of Malta. The mission of the MDB shall be to contribute towards sustainable economic development that benefits the Maltese people in line with public policy objectives by promoting inclusive and environmentally sustainable economic growth, supporting infrastructure development, and linking entrepreneurship, investment, and economic growth to improved living conditions, a higher quality of life, and better social inclusion.
Job Description & Responsibilities

The Professional II/Officer I (Finance) will work closely with the Senior Finance Officer and will be assisting with the accounting and financial reporting of the Bank.

Applicants wishing to work on reduced hours are invited to apply.

Duties and responsibilities:
• Maintain the general ledger and recording of daily transactions
• Assist in the preparation of the payment run, record prepayments and accruals
• Prepare reconciliations of balance sheet accounts including bank accounts, fixed asset register, creditors and debtors
• Perform the periodic physical inventory reconciliation. Update inventory procedures as required
• Record purchase invoices and check their approvals to ensure that the Bank's procurement policy and procedure limits are being adhered to
• Assist with the preparation of monthly management accounts and KPIs
• Assist in the drafting of the annual financial statements and disclosure notes
• Liaise with the bank’s external and internal auditors in the annual and other audit assignments
• Assist in the management and servicing of bank accounts – support of bank relationships and administration of forms
• Assist in the preparation of Annual Budget and Business Plan
• Document financial procedures and ensure the Financial Procedures Manual is up to date
• Perform any other administrative roles and other responsibilities which may be assigned from time to time by the Senior Finance Officer and CFO to ensure the smooth running of day-to-day operations of the Bank and to substitute other administrative personnel as required

Data Protection
The MDB shall process information provided by candidates solely for the purpose of this vacancy. In the event of unsuccessful applications, the Bank may keep applicants’ personal data on file for a period up to twelve months following the date that the post applied for was filled. Applicants’ information will only be used to identify any future employment opportunities within the MDB for which applicants may be suited. Applicants are free to withdraw their application and their consent to the retention of their personal data, at any time. For further information, please read the MDB’s privacy notice which can be found on our website (https://mdb.org.mt/privacy-policy/).

Qualifications required

Candidates with a minimum of MQF Level 4 qualification in accounting will be given preference.

Experience required

Applicants must at least have 2 years of professional experience in an accounting role.
Experience in the financial services sector will be considered an asset.

The ideal candidate must:
• Have a disposition to take the initiative, collaborate and support other business functions to ensure the smooth operational running of the bank
• Be assertive with strong ethical values and integrity
• Have strong interpersonal skills as a team player with the ability to prioritise, coordinate and organise the work in a practical fashion
• Demonstrate a conscientious attitude, self-motivation and ability to work without close supervision
• Have good writing skills in English and verbal communication
• Have good analytical, problem solving and report writing skills with a goal-oriented attitude
• Be proficient in the use of Microsoft Office applications. Experience in Microsoft Word, and Excel solution is necessary
• Have previous experience in Microsoft Dynamics 365 accounting software (will be considered an asset)
• Be fluent in Maltese and English

Work Place

Hybrid

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