Essential Job Details

• Position Title: Finance Internship
• Location: Nairobi, Kenya
• Employment Type: Internship
• Number of Vacancies: Not Specified
• Salary: Not Specified
• Category/Department: Finance
• Reporting To: Not Specified
• Application Deadline: 3rd July 2025
• Reference Number: CAML-FI-2025-001

Introduction

The Finance Internship opportunity in Nairobi presents a dynamic entry point for ambitious individuals eager to kickstart their career in asset management and financial services. This role offers hands-on experience in fund accounting, compliance, and financial reporting within a fast-paced, regulated environment. Ideal for recent graduates or early-career professionals, this internship provides a platform to develop critical financial skills while contributing to a leading fund manager’s operations in Kenya’s vibrant capital.

About Cytonn Asset Managers Limited

Cytonn Asset Managers Limited (CAML) is a premier fund manager regulated by the Capital Markets Authority (CMA) and the Retirement Benefits Authority (RBA). Licensed as a Real Estate Investment Trust (REIT) Manager, CAML delivers superior risk-adjusted returns through investments in public and alternative markets. The firm manages the Cytonn Money Market Fund (CMMF), one of Kenya’s high-yielding, fully automated money market funds tailored for retail investors. Serving a diverse client base, including global and local institutional investors, individual retail investors, and diaspora investors, CAML is committed to financial innovation and client success. With a focus on asset management, the organization operates in Nairobi, driving excellence in Kenya’s financial sector.

Key Responsibilities

• Prepare and maintain accurate books of accounts, including general journal entries and month-end closing processes for fund accounts.
• Assist in the preparation of monthly, quarterly, and annual statutory financial reports for submission to the Capital Markets Authority.
• Ensure compliance with taxation and financial statutory requirements, including timely filing and payment of PAYE, VAT, and WHT.
• Conduct bank and cash reconciliations, verifying transactions with source documentation to ensure accuracy.
• Raise monthly invoices for services provided by the fund manager, maintaining compliant and organized records.
• Track fund transactions by posting documents of original entry into the accounting system in a timely manner.
• Process payments to service providers from fund accounts, ensuring prompt and accurate disbursements.
• Support internal and external audit exercises by providing organized records and responding to audit requests.
• Perform additional duties as assigned to support the finance department’s operations and objectives.

Qualifications and Skills

Required Qualifications

• Bachelor’s degree in a business-related discipline (e.g., Finance, Accounting, Economics) with a minimum of Second Class Honors, Upper Division.
• Minimum of B+ in KCSE, specifically in Mathematics and English.
• CPA(s) or equivalent professional certification is an added advantage.

Required Skills and Competencies

• Strong communication skills to interact effectively with team members and stakeholders.
• Proficiency in Microsoft Office, particularly Excel, with excellent computer literacy.
• High numeracy skills for accurate financial calculations and reporting.
• Analytical and research skills to interpret financial data and support decision-making.
• Strategic thinking to prioritize tasks and manage multiple responsibilities.
• Ability to handle multiple tasks and meet deadlines in a fast-paced environment.
• Team-building skills to collaborate with colleagues, suppliers, and stakeholders.
• Organizational skills to maintain accurate and accessible financial records.

Company Culture and Values

Cytonn Asset Managers Limited fosters a high-performance, innovative, and collaborative work environment. The organization values self-driven individuals who thrive in a fast-paced setting and are committed to delivering excellence. With a focus on professional growth, CAML provides opportunities for interns to learn from a competitive pool of talent and engage in meaningful financial projects. The company promotes teamwork, integrity, and client-centricity, encouraging employees to contribute to a harmonious and impactful workplace. Diversity and inclusion are integral to CAML’s culture, ensuring all team members feel valued and empowered.

How to Apply

Apply now for the Finance Internship position. Interested candidates should submit their CV and application letter via the official application portal at Cytonn Careers. Ensure your application is submitted by no later than 3rd July 2025. Cytonn Asset Managers Limited is an equal opportunity employer, welcoming applications from individuals of all backgrounds who are passionate about finance and asset management. Successful candidates at the end of the internship may be offered a permanent position. Shortlisting will be conducted on a rolling basis, and only shortlisted candidates will be contacted.

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Finance Internship, internship opportunities in Kenya, asset management jobs, Nairobi finance roles, fund accounting careers

Detailed Role Overview: Finance Internship in Nairobi

The Finance Internship at Cytonn Asset Managers Limited (CAML) is a transformative opportunity for aspiring finance professionals to gain practical experience in a leading asset management firm in Nairobi. This role is designed to immerse interns in the intricacies of fund accounting, financial compliance, and strategic reporting, equipping them with the skills needed to excel in Kenya’s competitive financial sector. Below, we explore the responsibilities, learning opportunities, and career potential of this internship in detail.

Why Choose a Finance Internship with CAML?

The Finance Internship offers a unique blend of hands-on financial work and exposure to asset management, making it an ideal stepping stone for graduates and early-career professionals. By joining CAML, interns will:

• Contribute to the operations of a regulated fund manager serving diverse investors.
• Develop practical skills in financial reporting, compliance, and fund accounting.
• Gain exposure to high-yielding investment products like the Cytonn Money Market Fund.
• Position themselves for potential permanent roles upon successful completion of the program.

This internship is perfect for individuals who are self-motivated, detail-oriented, and eager to make an impact in the finance industry.

Core Responsibilities in Fund Accounting

As a Finance Intern, you will play a critical role in maintaining the financial integrity of CAML’s operations. Key tasks include:

• Preparing books of accounts: Interns will assist in recording general journal entries and supporting month-end closing processes, ensuring accuracy in fund accounts.
• Reconciling financial transactions: By conducting bank and cash reconciliations, interns will verify transactions against source documentation, maintaining transparency.
• Processing payments: Interns will handle timely payments to service providers, ensuring smooth financial operations.
• Tracking fund transactions: By posting documents of original entry into the accounting system, interns will ensure real-time accuracy of financial records.

These responsibilities provide a comprehensive introduction to fund accounting, preparing interns for advanced roles in finance.

Financial Reporting and Compliance

Compliance with regulatory and statutory requirements is a cornerstone of the Finance Internship. Interns will:

• Assist in preparing statutory reports: This includes monthly, quarterly, and annual financial reports for submission to the Capital Markets Authority.
• Ensure tax compliance: Interns will support the filing and payment of taxes such as PAYE, VAT, and WHT, ensuring adherence to Kenyan tax laws.
• Support audit processes: By organizing records and responding to audit requests, interns will facilitate smooth internal and external audits.

These tasks offer valuable exposure to regulatory frameworks and compliance, critical skills for any finance professional.

Invoicing and Record-Keeping

The Finance Internship involves managing operational financial tasks, such as:

• Raising monthly invoices: Interns will prepare invoices for services provided by the fund manager, ensuring compliance and accuracy.
• Maintaining organized records: By keeping detailed and accessible financial documentation, interns will support transparency and audit readiness.

These responsibilities enhance organizational skills and attention to detail, essential for success in finance roles.

Learning Opportunities in Asset Management

The Finance Internship is not just about tasks—it’s about growth. Interns will gain exposure to:

• Asset Management: Learn how CAML manages high-yielding funds like the Cytonn Money Market Fund.
• Fund Accounting: Understand the intricacies of tracking and reporting fund transactions.
• Corporate Finance: Gain insights into financial strategies that drive investment returns.
• Products Administration: Explore the operational side of managing investment products for diverse clients.

These learning opportunities provide a well-rounded foundation for a career in finance and asset management.

Building Team and Stakeholder Relationships

The Finance Internship emphasizes collaboration and relationship-building. Interns will:

• Work with a competitive talent pool: Engage with colleagues who are leaders in their fields, fostering professional growth.
• Collaborate with suppliers and stakeholders: Support team-building efforts to create a harmonious workplace.
• Support community-building initiatives: Contribute to CAML’s mission of delivering value to clients and investors.

These experiences develop interpersonal and team-building skills, critical for long-term career success.

Technology and Tools in the Role

Proficiency in financial tools is essential for the Finance Internship. Interns will use:

• Microsoft Excel: For data analysis, reconciliations, and financial reporting.
• Accounting software: To manage transactions and maintain accurate records.
• Microsoft Office Suite: For communication, documentation, and presentations.
• Collaboration tools: To coordinate with team members and stakeholders.

These tools enhance efficiency and prepare interns for technology-driven finance roles.

Career Growth and Potential

The Finance Internship is a gateway to a rewarding career in finance. Successful interns may:

• Secure permanent roles: CAML offers positions to top-performing interns at the end of the program.
• Build a professional network: Connect with industry leaders and peers in Nairobi’s financial sector.
• Develop marketable skills: Gain expertise in fund accounting, compliance, and financial reporting.
• Advance in asset management: Position themselves for roles in fund management, corporate finance, or investment analysis.

This internship is a launchpad for ambitious individuals seeking to make their mark in finance.

Why Nairobi, Kenya?

Nairobi, Kenya’s bustling capital, is a hub for financial services and innovation, making it the perfect location for this Finance Internship. Benefits of working in Nairobi include:

• Access to financial institutions: Engage with leading firms like CAML in Kenya’s financial capital.
• Vibrant professional community: Connect with peers and mentors in a dynamic business environment.
• Cultural and economic hub: Enjoy Nairobi’s rich culture, dining, and recreational opportunities.
• Strategic location: Benefit from excellent connectivity across Kenya and East Africa.

Nairobi offers a unique blend of career opportunities and quality of life, ideal for launching a finance career.

Application Tips for Success

To excel in the application process for the Finance Internship, consider the following:

• Tailor your CV: Highlight your academic achievements, particularly in business-related disciplines, and any relevant coursework or projects.
• Craft a compelling application letter: Emphasize your passion for finance, asset management, and career growth.
• Showcase technical skills: Mention proficiency in Excel, accounting software, or other relevant tools.
• Demonstrate soft skills: Highlight communication, teamwork, and analytical abilities in your application.
• Apply early: Submit your application well before the 3rd July 2025 deadline, as shortlisting is on a rolling basis.

A well-prepared application will position you as a top candidate for this prestigious internship.

Disclaimer

JobKenya.org is not the hiring company. For any inquiries, please contact Cytonn Asset Managers Limited directly via their careers portal. Please do not send applications to JobKenya.org, as we are unable to process them. Due to the high volume of emails received daily, we may not respond to all inquiries. Thank you for your understanding.

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