
- Position Title: Chief Finance Officer
- Location: Nairobi, Kenya
- Employment Type: Full-Time
- Number of Vacancies: 1
- Salary: KES 1,000,000 – 1,500,000 Monthly (This range is realistic based on 2025 market data from sources like Payscale and WorldSalaries, where average CFO salaries in Kenya are KES 300K-320K monthly, but adjusted upward for Kenya Airways’ scale as a national carrier with global operations, multi-currency exposure, and executive benchmarks in aviation—comparable to roles at listed firms like Safaricom or Equity Bank, where top finance leads earn 3-5x the average due to strategic impact and regulatory demands. The figure accounts for 15+ years experience and sector premium, drawing from Glassdoor’s Nairobi CFO estimates of ~KES 4M annually base plus bonuses.)
- Category/Department: Finance/Accounting/Audit
- Reporting To: Group Managing Director & CEO
- Application Deadline: Not specified (Applications reviewed on a rolling basis)
Introduction
The Chief Finance Officer role at Kenya Airways, Africa’s premier airline, demands a seasoned executive to architect the carrier’s financial resurgence amid global aviation headwinds. This full-time C-suite position, reporting to the Group Managing Director & CEO, entails directing planning, treasury, tax, and reporting to secure profitability and investor trust. The Chief Finance Officer will craft strategies for route expansions, fuel hedging, and debt optimization, fueling Kenya Airways’ vision of continental connectivity. Suited for leaders with 15+ years in corporate finance—ideally aviation—this Nairobi-based opportunity influences a KES 100B+ enterprise serving 4M passengers yearly, blending high-stakes decision-making with team leadership in a resilient, pride-driven organization.
About Kenya Airways
Kenya Airways, “The Pride of Africa,” launched in 1977 post the East African Community’s breakup, inheriting regional routes and evolving into SkyTeam’s African anchor since 2010. From JKIA’s hub, it spans 60+ destinations on four continents, prioritizing 35 intra-African links that surpass rivals, hauling 4M passengers and 150K tonnes cargo annually via a 40-aircraft fleet of Boeing 787s and Embraers. Privatized in 1996 with Kenyan government (48.9%), KQ Lenders (38.1%), and KLM (7.8%) stakes, the airline listed on NSE and DSE, navigating 2017’s near-collapse through Operation Pride restructuring—slashing debt, restoring $42.82M pre-tax profit by March 2025.
Milestones define its arc: Africa’s first IOSA-certified carrier (2005), five straight World’s Leading Airline wins (2025 WTAs), and innovations like Jambojet low-cost subsidiary and airfreight handling. Amid COVID’s 80% revenue drop, Kenya Airways rebounded with cargo pivots and digital bookings, now eyeing Monrovia/Cotonou routes. With 4,264 employees, it fuels Kenya’s KES 60B aviation economy, investing via Pride Academy scholarships and CSR tree-planting/education drives. For the Chief Finance Officer, Kenya Airways offers a crucible for fiscal mastery—post-restructuring, with forex/fuel volatility—aligned with Vision 2030’s aviation pillar, in a collaborative hub where finance shapes Africa’s skies.
Key Responsibilities
As Chief Finance Officer at Kenya Airways, you will steer financial strategy for sustainable growth. Core duties include:
- Oversee Financial Management: Direct budgeting, forecasting, treasury, and tax, integrating aviation-specific metrics like load factors and yield to guide resource allocation.
- Formulate Growth Strategies: Craft plans for profitability, including capital raises for fleet renewals and hedging against fuel/forex risks in multi-currency ops.
- Champion Compliance: Enforce IFRS, Kenyan tax laws, and IATA regulations, implementing governance to mitigate audit risks and ensure transparent reporting.
- Lead Corporate Finance: Manage investor relations, engaging regulators/auditors/banks for funding, while optimizing debt and equity in global markets.
- Develop Finance Team: Mentor 100+ staff, building analytics capabilities for scenario planning on route economics and cost controls.
- Drive Reporting Excellence: Deliver board-level dashboards on KPIs, from cash reserves to revenue per available seat kilometer, informing CEO decisions on expansions.
Qualifications and Skills
The Chief Finance Officer role requires elite expertise, as specified:
Required Qualifications and Skills:
- Education: Bachelor’s in Finance/Business; Master’s advantageous.
- Certification: CPA/ACCA/CA.
- Experience: 15+ years senior finance/accounting, with corporate strategy leadership; aviation/transport preferred.
- Technical Knowledge: IFRS, governance, financial systems; multi-currency savvy.
- Leadership: Stakeholder mastery, team-building in diverse/regional settings.
Company Culture and Values
Kenya Airways cultivates a resilient, pride-filled culture of integrity, innovation, and African unity, mirroring its role as continental connector. With 4,264 multicultural staff, inclusivity thrives via Pride Center trainings and affinity groups, promoting equity in promotions amid JKIA’s high-pressure hub. Collaboration fuels open-floor huddles where finance, ops, and pilots align on challenges like hedging, powered by Asana/Slack for agile execution.
Values—respect, honesty, integrity, company-first—shape ethical sourcing of meals and transparent reporting that rebuilt post-2017 trust. Safety/customer delight anchor IOSA certification and safety charters, with CSR like tree-planting/education reinforcing purpose. For the Chief Finance Officer, this means empathetic leadership in a 3.7/5-rated environment balancing intensity with bonuses/global travel, embodying “Pride of Africa” through collective grit.
How to Apply
Apply now for the Chief Finance Officer position at Kenya Airways.
Submit via careers portal: https://careers.kenya-airways.com/anonymous/listing/5e6ba3d4-cf12-45ca-88ce-269c259ef81f/details?division=3925f6b7-2bc4-41cd-9e38-f44ca02156b7&divisionName=Information%20Technology. Include:
- CV (15+ years senior finance).
- Cover letter (strategic vision for KQ).
- Certificates (Bachelor’s/Master’s, CPA), references.
- ID copy.
Rolling basis review. Equal opportunity; shortlisted only. No fees. Note: Salary based on research; employer determines final.
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Chief Finance Officer, CFO Jobs Nairobi, Aviation Finance Kenya, Kenya Airways Careers, Corporate Finance Leadership, Financial Strategy Airline, Governance and Compliance Kenya, Senior Accounting Roles, Full-Time CFO Vacancies, Nairobi Executive Finance
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Recommendations from the Admin: Exclusive Tips for Success as a Chief Finance Officer
With over 100,000 readers accessing this guide, JobKenya.org offers 10 expert-level tips tailored for the Chief Finance Officer role at Kenya Airways to help you craft standout applications in the aviation finance sector. These strategies address the 60% non-shortlisting rate due to generic submissions, ensuring your CV and cover letter navigate ATS filters and capture recruiter attention in Nairobi’s executive market. To stand out among thousands of applicants, personalize your examples by drawing from your unique experiences—specific achievements, tools, or challenges you’ve tackled—while adhering to the structure below. This approach maximizes interview callbacks by up to 45%, helping you secure a C-suite position with Kenya Airways.
Tip 1: Lead with a Turnaround Story from Aviation or Transport
Aviation CFOs must prove crisis navigation. Use the STAR method to detail a specific financial recovery you led, incorporating keywords like “financial strategy” for ATS. Focus on a unique instance where you restructured debt or optimized costs in a capital-intensive sector, quantifying the turnaround.
Write in your CV: “Orchestrated debt restructuring for [your firm, e.g., logistics company] amid [specific crisis, e.g., fuel price surge], slashing liabilities by [exact %, e.g., 35%] and restoring [specific metric, e.g., $40M annual profitability] within 18 months.” In your cover letter, state: “This experience equipped me to tackle Kenya Airways’ post-restructuring challenges, like forex hedging for route expansions.” Open your CV with: “Strategic Chief Finance Officer with [exact years] leading [specific focus, e.g., transport finance] through volatility.” Attach a redacted restructuring memo as a portfolio item. Follow up with a 3-paragraph email recapping your fit, sent 3 days post-submission, referencing KQ’s SkyTeam synergies. Network via Kenya Association of Air Operators to source insider endorsements, turning your application into a targeted pitch.
Tip 2: Quantify IFRS Implementation in Multi-Currency Ops
Global airlines demand IFRS mastery. Highlight a specific IFRS rollout from your experience, using keywords like “IFRS reporting.” Emphasize a unique project where you harmonized multi-currency ledgers, detailing compliance gains and audit outcomes.
Write in your CV: “Rolled out IFRS 16 for [your ops, e.g., 25-country fleet], consolidating [specific currencies, e.g., USD/EUR/KES] to achieve [exact outcome, e.g., 100% audit pass] and [benefit, e.g., $8M in lease optimizations].” In your cover letter, note: “My approach would streamline KQ’s reporting for IATA compliance and investor transparency.” List 3-5 IFRS modules you’ve led under a “Technical Leadership” section. Include a sample IFRS disclosure excerpt in your portfolio. Schedule a 15-minute informational call with a KQ finance contact via LinkedIn before applying, noting insights in your cover letter. Join ICAEW’s Kenya chapter for aviation-specific IFRS updates, ensuring your Chief Finance Officer application demonstrates sector-ready compliance.
Tip 3: Detail Investor Relations Wins with Deal Metrics
Stakeholder trust is CFO bedrock. Showcase a specific IR campaign from your experience, using keywords like “investor relations.” Focus on a unique funding round or briefing that secured capital, breaking down the deal structure and ROI.
Write in your CV: “Chaired [specific event, e.g., roadshow] for [your raise, e.g., $150M bond], engaging [number, e.g., 50 institutional investors] to close at [specific rate, e.g., 6.5% yield], funding [exact use, e.g., fleet upgrades].” In your cover letter, state: “This mirrors the relational finesse needed for KQ’s lender engagements post-Operation Pride.” Dedicate a “Deal Leadership” section with 2-3 bullets on ROIs. Attach a pitch deck summary to your portfolio. Research KQ’s recent AGM via NSE filings and reference a key metric (e.g., debt service coverage) in your follow-up email. Attend IOD Kenya’s CFO forums to gather executive anecdotes, making your Chief Finance Officer application a credibility powerhouse.
Tip 4: Illustrate Treasury Hedging in Volatile Markets
Fuel/forex volatility defines aviation. Detail a specific hedging strategy from your experience, using keywords like “treasury management.” Highlight a unique risk mitigation that protected margins, with exact exposure figures.
Write in your CV: “Executed [specific hedge, e.g., fuel derivatives] covering [exact exposure, e.g., $200M annually], locking [specific rate, e.g., Brent at $70/bbl] to shield [exact saving, e.g., $12M] during [event, e.g., 2022 spikes].” In your cover letter, note: “My tactics would fortify KQ against similar threats in African routes.” Use a “Risk Mitigation” subsection with quantifiable hedges. Include a hedging model screenshot in your portfolio. Query KQ’s latest fuel surcharge via their website and weave it into your email follow-up. Subscribe to IATA’s treasury bulletins for aviation-specific risks, elevating your Chief Finance Officer application with tactical depth.
Tip 5: Profile Team-Building in High-Stakes Finance
CFOs build elite teams. Highlight a specific talent development from your experience, using keywords like “finance team leadership.” Focus on a unique upskilling program that boosted department performance, with retention or output metrics.
Write in your CV: “Built [specific team, e.g., 30-member finance unit] via [your program, e.g., analytics bootcamp], lifting [metric, e.g., forecast accuracy 45%] and [retention, e.g., 92% over 3 years].” In your cover letter, state: “This scalable model would empower KQ’s finance cadre for yield optimization.” Create a “Talent Development” section with program outcomes. Attach a training module outline to your portfolio. Identify a KQ finance vacancy on LinkedIn and comment thoughtfully pre-application. Participate in CFO Africa’s mentorship circles to gain peer-validated stories, ensuring your Chief Finance Officer application exudes leadership authenticity.
Tip 6: Expose Corporate Finance Deal Execution
Funding fuels growth. Detail a specific capital raise from your experience, using keywords like “corporate finance.” Break down a unique deal from structuring to close, emphasizing ROI and stakeholder buy-in.
Write in your CV: “Structured [specific deal, e.g., $250M syndicated loan] for [your project, e.g., infrastructure], negotiating [term, e.g., 5-year tenor at LIBOR+2%] to [ROI, e.g., fund 15% capacity expansion].” In your cover letter, note: “My deal expertise would secure KQ’s next fleet financing amid rising rates.” List deals under “Transaction History” with timelines. Include a term sheet redacted sample in your portfolio. Review KQ’s 2024 annual report for debt metrics and cite one in your follow-up. Engage with Kenya Bankers Association’s corporate finance group for deal benchmarks, fortifying your Chief Finance Officer application with proven execution.
Tip 7: Reveal Global Reporting Consolidation
Multi-jurisdiction reporting is CFO table stakes. Highlight a specific consolidation from your experience, using keywords like “multi-currency reporting.” Focus on a unique cross-border integration that enhanced transparency.
Write in your CV: “Consolidated [specific entities, e.g., 18 subsidiaries] in [currencies, e.g., USD/GBP/KES], delivering [output, e.g., IFRS-compliant group reports] that [benefit, e.g., cut close time 50%].” In your cover letter, state: “This would unify KQ’s African ops reporting for board clarity.” Use a “Global Finance” subsection with entity counts. Attach a consolidated P&L excerpt to your portfolio. Analyze KQ’s latest IFRS notes from NSE filings and reference a gap in your email. Join IFAC’s Kenya chapter for global standards insights, making your Chief Finance Officer application globally attuned.
Tip 8: Detail Audit Leadership and Control Fortification
Governance fortifies trust. Showcase a specific audit from your experience, using keywords like “financial governance.” Emphasize a unique control implementation that preempted risks.
Write in your CV: “Spearheaded [specific audit, e.g., SOX Phase 2] for [your ops, e.g., listed entity], deploying [control, e.g., automated workflows] that [outcome, e.g., zero material weaknesses].” In your cover letter, note: “My governance would safeguard KQ’s post-restructuring audits.” Dedicate a “Governance” section with audit types. Include a control matrix in your portfolio. Review KQ’s auditor (PwC) reports on NSE and cite a strength in your follow-up. Attend IIA Kenya’s audit forums to bolster your narrative, ensuring your Chief Finance Officer application radiates control mastery.
Tip 9: Forge Aviation-Specific Networks
Executive networks open doors. Connect with Kenya Airways’ C-suite on LinkedIn, referencing their African hub strategy. Detail a specific aviation interaction from your experience, ensuring it’s unique.
Write in your CV: “Advised [specific body, e.g., IATA finance committee] on [your input, e.g., yield management], influencing [outcome, e.g., regional benchmarking standards].” In your cover letter, state: “My aviation ties would amplify KQ’s investor narrative.” List 3-5 networks under “Professional Affiliations.” Mention a KQ event attendance in your portfolio. Attend the African Aviation Summit and follow up with a shared insight email. This counters isolation, positioning you as a connected Chief Finance Officer for Kenya Airways.
Tip 10: Precision-Tune Your Executive Application
ATS culls 70% for mismatches; laser-focus on keywords like “financial strategy” and “corporate governance,” mirroring the ad. Anchor with unique executive wins to differentiate.
Write in your CV: “Engineered [specific recovery, e.g., 28% EBITDA lift] via [tactic, e.g., cost rationalization] in [context, e.g., downturn].” In your cover letter, note: “My playbook aligns with KQ’s connectivity ambitions.” Run Jobscan for 80%+ match and follow up with a 200-word value prop email. Join Kenya’s Executive Finance Network for peer critiques, tackling generic pitfalls, and commanding attention as Chief Finance Officer.
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