Apply for open Jobs/Vacancies.Kenya Airways Recruitment (May 2024)

IzoohKE May 30, 2024

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Aviation jobs, airline jobs, Kenya Airways jobs.

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. Kenya Airways takes pride in being at the forefront of connecting Africa to the world

Financial management risk and controls.

A brief description is needed.

The candidate will support the Head of Risks & Controls in execution of their mandate by driving the technical accounting compliance, financial and operational internal controls, process simplification, operational excellence and closure of audit finding. The candidate will aim to drive a world class control environment.

Additionally, role holder with drive and support oversight, establish, and maintain a robust and effective enterprise-wide risk management and compliance framework that will provide assurance to the company through the Audit & Risk Board Committee around enterprise risk management.
The description is detailed.

The main responsibilities.

Review existing policies and procedures to improve financial controls and efficiency, and develop control improvement action plans, are some of the ways to drive testing of controls.

Design, implement, document, assess, and monitor the Group’s internal control framework, including group policies and key risks, to ensure that the group has adequate controls to prevent accidental and deliberate mistakes in financial reporting, processes, and business operations.

Take the Financial Controls Checklist process, including ensuring action plans are in place to improve any low scoring areas (especially for the defined critical controls)

Act as the Security Champion (primary or backup), ensuring appropriate segregation of ownership of the DOA and/or maker checker, including assuring adherence to it.

Process improvement projects for Finance include system enhancement, deployment of new software and tools, and process optimization.

Review processes between teams and external providers to ensure cost-effective exchanges of information and receipt of deliverables.

Engage with both internal and external auditors to ensure consideration and resolution of all pertinent risks and audit findings.

Develop and conduct adequate training and prepare related information material on the internal control objectives, approach, and methodology to business partners on a regular basis in order to build knowledge and understanding of risks and control.

Drive the internal controls benchmark to develop and implement a road map to get to best in class by driving the internal controls benchmark.

Key controllership metrics (account reconciliations, audit script closures, statutory financial statement filings and audit open items) should be driven by ownership.

To maintain the integrity of the accounts, ensure the quality of account reconciliations and balance sheet analysis.

Ensure complete ownership and accountability for all controllership initiatives within the organization.
In coordination with the respective SBUs, lead the risk assessment processes and ensure that compliance risks are appropriately identified and assessed.

Support with the implementation of the companies’ enterprise risk management framework.

Prioritize strategies and actions to identify, control, eliminate, or lessen hazards.

Identify and profile all business risk exposures from upcoming changes in business operations and trends (including competitors activities and economic and political changes) and assist stakeholders in taking actions towards reducing the risks.

Develop specific measures in line with the companies risk appetite by coordinating risk management structures.

Review and recommend actions in accordance with audit and regulatory inspection findings regarding risk exposures, while monitoring/tracking and coordinating the implementation of corrective action plans agreed upon by management.

Provide risk reports on completion of reviews to the relevant functional heads and management for remedial action. Provide risk reports on completion of reviews to the relevant functional heads and management. Work with the Internal Audit team to close any uncovered gaps.

Recommend modifications to the internal policies, procedures, and processes, where applicable, based on the identified and assessed omissions in the Company’s business activities.

Liaison with regulators on best practice and innovations in risk management and ensuring they are embedded within the company.

Coordinate with internal audit to ensure alignment between the ERM process and internal audit.
Maintain and coordinate relationships with various internal and external stakeholders, including regulators, to ensure ease of communication, information sourcing, and timely responses to queries.

Establish and sustain a training program for personnel in risk management, to ensure that knowledge gaps are closed and critical information requirements are communicated to staff on a regular basis.
Job requirements are listed below.

Qualification is required (minimum)

A relevant university degree from a reputable institution.
CPA, ACCA, CIMA, ACA are professional qualifications.
Sound systems knowledge and experience working with ERP sound systems knowledge and experience.
System innovation and process improvement.
Advanced Excel and PowerPoint skills are required.
A background in financial accounting or project management.
Understanding international accounting guidelines.
Over 10 years of work experience ideally covering audit (internal/external), operations and project management.
More information is provided.

Skill sets.

Working well within a hierarchical organization structure.
Leadership in a group and influence.
Ability to stay calm and prioritize under pressure.
A methodical and structured approach with high attention to detail is demonstrated by highly analytical.
Good communicator, taking complex technical issues and making them accessible to all stakeholders.
The ability to produce, track, manage, and organize a high quality of documentation.
Strong interpersonal skills are essential.
Super organized and capable of setting priorities for my own tasks.
Excellent problem-solving skills are required.
Computer skills with a good knowledge of spreadsheets, modelling, working with large data sets and data visualization were demonstrated.
Knowledge of the GRC’s principles and framework is preferred.
The Kenya Airways application.
Click on the link below to fill out the online application form for interested and qualified applicants.
Application received after the closing date will not be accepted.