Financial Accountant

Kenya Airways PLC is a leading African airline founded in 1950 and based in Nairobi, Kenya, operating in the aviation industry.

The Financial Accountant will be responsible for managing the company's financial records and transactions, ensuring their accuracy and timely processing within the General Ledger. Key duties include preparing monthly, semi-annual, and annual financial reports, such as consolidated balance sheets, income statements, and cash flow statements for the entire Group and the company. The role also ensures that annual audited financial statements comply with applicable company and group accounting standards, statutory requirements, IFRS, and IAS. Additionally, the accountant will coordinate the General Ledger closure process, ensuring the closing timetable is distributed promptly and all sub-ledger modules are closed according to schedule.

1. Ensure timely, complete, and accurate processing of transactions in the ERP for each financial period by reviewing and performing final posting of journal entries into the General Ledger.
2. Coordinate General Ledger closure by circulating the closing timetable and ensuring all sub-ledger modules are closed as per schedule to facilitate timely production of management reports.
3. Manage all Group companies' General Ledgers and reconcile intercompany balances.
4. Prepare consolidated financial statements for the Group.
5. Prepare supporting schedules, notes to financial statements, and disclosure checklists to ensure completeness and accuracy of statutory reporting.
6. Maintain and update the company’s chart of accounts, ensuring correct mapping of all accounts in the ERP.
7. Perform timely and quality General Ledger reconciliations for assigned accounts.
8. Maintain proper Balance sheet accounts, ensuring adequate provisions to prevent large adjustments from past events.
9. Review subsidiaries’ financial reports for correctness and accuracy before consolidating them into Group accounts.
10. Prepare the Group Annual Report and Financial Statements in compliance with statutory requirements and applicable financial reporting standards (IFRS, IAS, Kenya Companies Act 2015, etc.).
11. Handle internal and external audit requirements, liaising between management and external auditors to ensure a smooth audit process and resolve audit issues within deadlines.
12. Develop, train, motivate, and coach staff to enhance performance and productivity.
13. Prepare statements of financial position and cash flow for budgets and strategy to support management decision-making.
14. Stay updated on changes in IFRS, IAS, and local regulatory requirements, assessing their impact on the Group’s financial reporting.

1. Bachelor’s degree in accounting/finance or a related business field from a recognized institution.
2. Full ACCA/CPA Qualifications.
3. At least five (5) years of proven experience in general ledger/financial accounting or a similar role, preferably within the airline industry, a listed entity, or a Big Four accounting firm.
4. Demonstrable experience in preparing consolidated financial statements under IFRS.
5. Strong understanding of accounting principles, financial regulations, and their practical application.
6. Proficiency in relevant accounting software and Microsoft Excel.
7. Excellent analytical and problem-solving skills.
8. Detail-oriented with a high level of accuracy.
9. Effective communication, interpersonal skills, and a team player.
10. Ability to thrive in a fast-paced and dynamic work environment.