Job Title Financial Accounting Manager
Location
Organization Name Kenya Airways
Department Description
Finance
Brief Description
To provide the Group with accurate, meaningful and timely reporting of monthly and periodic financial reports that will give management the required information for formulating policies, planning strategies, evaluating performance and controlling activities of the Group, To prepare Group’s Annual statutory Financial Statements that comply with the relevant statutory requirements, the IFRS and relevant stock exchanges and capital market authorities, To ensure Subsidiaries’ and Associates’ Financial Reports are provided to KQ management in time, review these statements for correctness and accuracy, before consolidating them into the Group accounts, Monitor Technical stocks from purchase to obsolescence to avoid exposure as well as support Technical department on financial related activities. Grade: H14
Detailed Description
Detailed Description
• Produce Group Annual Report and Financial
statements that meet statutory requirements and management reporting standards
(IFRS, IAS, Companies Act, etc) as well as Maintain sound, accurate, reconciled
and up to date financial records
• Maintain proper Balance sheet accounts
ensuring adequacy of provisions to avoid large adjustments and surprises
arising out of past events
• Review General Ledger account
reconciliations for accuracy and timeliness in their preparation as well as
absence of long outstanding reconciling items
• Prepare monthly as well as periodic
management reports (Accounts and Capex reports) including commentaries on the
variances from plan
• Coordinate and guide the business in regard
to Capex budgeting ensuring items of expense nature are not budgeted under
Capex and vice versa and that only viable Capex is budgeted for
• Prepare Statement of Financial Position and
Cash flow for budgets and strategy to aid management in decision making
• Liaise between management and the external
auditors to ensure smooth audit process
• Coordinate the audit process and resolve
audit issues within three months after the completion of the audit to ensure
controls effectiveness of controls
• Obtain variance analysis for departmental
capex reports between actual capex and budgets to determine if expenditure is
within budget
• Ensure the Group’s fixed assets are
properly managed
• Prepare / evaluate Capex justifications
(CBAs) before committing company funds to ensure investment is done in viable
projects
• To formulate, maintain, enforce and control
financial policies, procedures and internal controls within the section and
Subsidiaries to ensure compliance with all reporting requirements as well as
safeguard assets of the company
• Review Subsidiaries’ financial reports for
correctness and accuracy, before consolidating them into the Group accounts
• Act as the department risk management
champion.
• To develop, train, motivate and coach staff
to enhance performance for increased productivity
• Ensure leave is taken by all to at least
the stipulated levels to reduce the KQ financial exposure at year-end
• Inculcate safety procedures at the
workplace for good working environment for the team
Job Requirements
Knowledge, Skills, Experience
• Degree in Business related field
• Full accounting Qualification – CPA/ACCA
• MBA is desirable
• IFRS / IAS training
• Taxation rules and laws
• Advanced Analytical skills
• Integrity, Assertiveness, Proactive, Team
player, Interpersonal skills, Motivator and self starter.
• 7 years in senior Finance and Accounting
role in a busy commercial undertaking or external audit or consultancy firm
Additional Details
Competencies
• Advanced Financial Acumen Skills
• Excellent Communication Skills
• Advanced Problem Solving Skills
• Advanced Interpersonal Skills
• Team player
• Results Oriented
• Attention to details and accuracy
• Unquestionable Honesty / Integrity / Ethics
• Assertive
How To Apply
CLICK HERE TO
APPLY
If you fit the profile, then apply today.
Please submit a copy your detailed Curriculum Vitae here only by Thursday, 16th
February 20223. Due to the volume of applications that we receive, only
short-listed candidates will be contacted. Kenya Airways is an equal
opportunity employer.
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