The disgraced former Cardiff City and Wigan Athletic boss was placed in temporary charge for last week's 1-0 loss to the Netherlands at Pittodrie.
Mackay was quickly ruled out of taking on the job full-time, with SFA chief executive Stewart Regan revealing ahead of that friendly defeat that he is looking elsewhere for a permanent successor to Gordon Strachan.
Former Scotland international Dickov believes that the 45-year-old is the right man to take Scotland forward, however, telling Sky Sports News: "I'd like to see Malky. He will have the players on his side.
"He's a very clever guy, a good football guy. He's got Scotland at heart. If he has been overlooked I don't understand why."
Mackay is currently employed as SFA performance director - a position that he has held for the past 11 months.