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  • Posted: Mar 20, 2023
    Deadline: Apr 3, 2023
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Kenya Airways, the leading African airline flying to more African destinations than any other carrier, takes pride in being at the forefront of connecting Africa to the world and the World to Africa through its hub Nairobi Jomo Kenyatta International Airport.

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    Senior Management Accountant

    Brief Description        

    The incumbent will be responsible in preparing, analyzing and reporting to management the financial and operational performance of the airline, identifying trends and presenting meaningful information to management for decisions. As a subject matter expert, the role will provide value-added, meaningful, and insightful reporting and analysis to Senior Management.

    Detailed Description        

    • Analyze and interpret financial data for use in management reviews and decisions.
    • Challenge the various business units within the company by evaluating the financial impact of their intended strategic decisions (network expansion, fleet evaluation, capital expenditure justification) to enhance sustainable growth.
    • Evaluate the company’s performance using key data metrics.
    • Maintain the database of Management Accounting Section accurately which includes companywide Cost Centers, historical data and information, industry benchmarks etc.
    • Produce information to be comparative i.e., budget, previous years, forecast, industry standards, expert advice etc.
    • Analysis of actuals, forecasts, and budgets and preparing analysis for senior management and corporate performance against benchmarks.
    • Developing and maintaining a competitive intelligence framework for standards and benchmarking against competition.
    • Review periodic costs per unit actual and alert management on budgetary overruns to ensure effective cost control and cost management.
    • Manage process flows within the budgeting module to ensure that Group budgets and periodic forecasts are consolidated in line with inputs from the various business units.
    • Identify and problem solve any issues with the system used in Management Accounting.
    • Advise on problems areas and suggest improvements.
    • Develop advanced financial models and conduct analysis using a broad range of quantitative tools and techniques (trend analyses on past financial and operational performance, root cause analyses, analysis of profitability drivers, scenario modelling for future options, unit-cost benchmarking, etc.)
    • Maintain DSS database of MIS section accurately and any issues with the system must be escalated immediately.
    • Coordinate development of business cases and scenario models to drive better business decisions.
    • Produce periodic financial forecasts based on operational information and prepare annual budgets and business plans.
    • Review and prepare analysis of potential new business cases clearly indicating the business case as positive/negative with sensitivity analysis.
    • Regularly evaluate the KQ route schedule to determine its profitability and identify the impact. of equipment changes by route.
    • Create and manage operational KPI's of the airline.

    Job Requirements        

    • A Degree in Accounting or Finance and/or a recognized Accounting qualification.
    • Certified Public Accountant (CPA) Finalist or ACCA Qualifications.
    • At least Seven (7) year's role related experience including 2 years in a Management Accounting Function.
    • Additional Details        
    • Intermediate to Advanced use of MS Excel.
    • Use of BI Tools
    • Sound Analytical & Presentation Skills
    • Great Report Writing Skills
    • Negotiation Skills.

    Method of Application

    Interested and qualified? Go to Kenya Airways on to apply

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