Essential Job Details

• Position Title: Finance Internship
• Location: Nairobi, Kenya
• Employment Type: Internship (with potential for permanent position)
• Number of Vacancies: Not specified
• Salary: Not specified (stipend details provided during interview)
• Category/Department: Finance
• Reporting To: Finance Manager
• Application Deadline: July 3, 2025

Introduction

An exciting finance internship opportunity awaits ambitious and self-driven individuals in Nairobi, Kenya, to join a dynamic asset management firm in 2025. This internship offers a unique chance to gain hands-on experience in fund accounting, financial reporting, and compliance within a fast-paced financial environment. Designed for recent graduates or students with a passion for finance, this role provides a platform to develop critical skills, work with a competitive team, and contribute to high-impact investment operations. With the potential for a permanent position upon successful completion, this finance internship is a stepping stone to a rewarding career in Kenya’s financial sector.

About Cytonn Asset Managers Limited

Cytonn Asset Managers Limited (CAML) is a leading fund manager regulated by the Capital Markets Authority and the Retirement Benefits Authority in Kenya. As a licensed Real Estate Investment Trust (REIT) Manager, CAML specializes in delivering superior risk-adjusted investment returns through public and alternative investment markets. The company manages the Cytonn Money Market Fund (CMMF), one of Kenya’s high-yielding money market funds, offering fully automated solutions for retail investors. Serving global and local institutional investors, individual retail investors, and diaspora clients, CAML is committed to innovation, excellence, and financial empowerment across Kenya and beyond.

Key Responsibilities

• Prepare and maintain accurate books of accounts, including general journal entries for monthly fund accounts
• Assist in month-end closing processes, ensuring timely and accurate financial reconciliations
• Compile monthly, quarterly, and annual statutory financial reports for submission to the Capital Markets Authority
• Ensure compliance with taxation requirements, including filing and payment of PAYE, VAT, and WHT
• Conduct bank and cash reconciliations, verifying transactions with source documentation
• Raise monthly invoices for services provided by the fund manager, maintaining compliant records
• Track fund transactions by posting documents of original entry into the accounting system
• Process payments to service providers in a timely manner, ensuring accuracy and efficiency
• Support internal and external audit processes by providing organized records and documentation
• Organize financial records to ensure accessibility and compliance with regulatory standards
• Collaborate with the finance team to streamline processes and improve operational efficiency
• Assist in analyzing financial data to support strategic decision-making
• Learn and apply fund accounting principles to enhance financial reporting accuracy
• Contribute to team-building initiatives, fostering a collaborative and supportive work environment
• Liaise with suppliers, clients, and stakeholders to ensure smooth financial operations

Qualifications and Skills

• Bachelor’s Degree: Minimum of Second Class Honors, Upper Division in a business-related discipline (e.g., Finance, Accounting, Economics)
• KCSE Performance: Minimum of B+ in KCSE, with B+ in Mathematics and English
• CPA(s) or equivalent professional qualification (preferred, not mandatory)
• Communication Skills: Strong verbal and written communication abilities for effective stakeholder engagement
• Computer Proficiency: Advanced skills in Microsoft Office (Excel, Word, PowerPoint) and accounting software
• Numeracy Skills: Strong numerical aptitude for accurate financial calculations and reporting
• Analytical Skills: Ability to analyze financial data and identify trends or discrepancies
• Research Skills: Competence in conducting financial research to support strategic initiatives
• Multitasking Abilities: Capacity to handle multiple tasks and prioritize effectively in a fast-paced environment
• Team-Oriented Mindset: Ability to collaborate with diverse teams and build strong professional relationships
• Preferred: Knowledge of fund accounting or asset management principles
• Preferred: Familiarity with regulatory compliance (e.g., CMA, RBA requirements)
• Preferred: Experience with financial reporting or bookkeeping (internship or academic projects)

Company Culture and Values

Cytonn Asset Managers Limited fosters a fast-paced and innovative culture where talent, initiative, and teamwork drive success. The organization values excellence, integrity, and client focus, empowering interns to contribute meaningfully while developing their skills. CAML promotes a collaborative work environment, encouraging open communication and knowledge-sharing among team members. With a commitment to professional growth, the company provides mentorship and exposure to advanced financial systems, aligning with its mission to deliver superior investment returns and empower communities across Kenya.

How to Apply

Apply now for the Finance Internship position. Interested candidates should submit their application through the official Cytonn careers portal at Apply here: https://careers.cytonn.com/jobs/3003. Ensure your application includes:

• Updated CV detailing relevant academic and professional experience
• Degree certificate or proof of enrollment
• KCSE certificate showing grades in Mathematics and English
• CPA certificate(s) or equivalent (if applicable)

Applications must be submitted by July 3, 2025. Only shortlisted candidates will be contacted for interviews. Cytonn Asset Managers Limited is an equal opportunity employer, and applications are reviewed based on merit.

Additional Engagement

View More Job Opportunities
Explore more vacancies at Browse verified jobs on https://jobkenya.org/

Free WhatsApp Channel for Job Seekers
Get real-time alerts from our WhatsApp Channel for Job Updates: https://whatsapp.com/channel/0029ValRUem7DAX1gmkC7y2K

Tags

finance internship, fund accounting jobs, asset management careers, Nairobi finance opportunities, financial reporting internships

Why Choose This Finance Internship?

A Launchpad for Financial Excellence

The finance internship at Cytonn Asset Managers Limited offers a transformative opportunity for aspiring finance professionals to gain hands-on experience in a leading asset management firm. Based in Nairobi, this program is designed to bridge academic knowledge with practical skills in fund accounting, financial reporting, and regulatory compliance. Interns will work in a dynamic environment, contributing to high-impact financial operations while building a foundation for a successful career in Kenya’s financial sector. With the potential for a permanent position, this internship is a gateway to long-term growth.

The Role of Asset Management in Kenya

Kenya’s financial sector is a key driver of economic growth, with asset management firms like Cytonn playing a pivotal role in delivering innovative investment solutions. The finance internship provides exposure to the Cytonn Money Market Fund (CMMF), a high-yielding, automated fund serving retail and institutional investors. As Kenya’s financial markets evolve, the demand for skilled finance professionals is rising, making this internship a strategic entry point into a thriving industry. Interns will contribute to financial operations that support economic empowerment and investment growth across the region.

Career Benefits of the Internship

This finance internship offers a wealth of professional development opportunities, including:

• Hands-on experience in fund accounting, financial reporting, and compliance
• Exposure to asset management and corporate finance operations
• Mentorship from experienced finance professionals in a competitive environment
• Development of technical skills in Microsoft Office and accounting software
• Potential for a permanent position upon successful completion
• Networking opportunities with institutional and retail investors

The internship’s focus on practical learning ensures interns emerge with skills that are highly valued in Kenya’s financial sector.

Day-to-Day Responsibilities in Detail

As a finance intern, you’ll be immersed in the daily operations of a leading asset management firm. Your tasks will include:

• Bookkeeping: Maintain accurate records of fund transactions, ensuring compliance with accounting standards.
• Financial Reporting: Prepare monthly, quarterly, and annual reports for submission to the Capital Markets Authority.
• Tax Compliance: Assist in filing and paying PAYE, VAT, and WHT, ensuring regulatory compliance.
• Reconciliations: Conduct bank and cash reconciliations, verifying transactions with source documents.
• Invoicing: Raise monthly invoices for fund management services, ensuring accurate and compliant records.
• Audit Support: Provide documentation and support during internal and external audits.
• Data Analysis: Analyze financial data to support strategic decision-making and process improvements.

These responsibilities provide a comprehensive learning experience, blending technical skills with real-world applications.

Technical and Soft Skills Development

The finance internship emphasizes both technical and interpersonal skills, including:

• Technical Expertise: Master fund accounting, financial reporting, and compliance processes.
• Software Proficiency: Enhance skills in Microsoft Excel, accounting software, and financial systems.
• Analytical Abilities: Develop the ability to analyze financial data and identify key insights.
• Communication Skills: Engage with team members, suppliers, and clients effectively.
• Teamwork: Collaborate with a diverse team to achieve shared goals.
• Time Management: Prioritize tasks to meet tight deadlines in a fast-paced environment.

These skills are transferable across finance, accounting, and asset management roles, enhancing your career prospects.

Why Nairobi?

Nairobi is Kenya’s financial capital, hosting leading firms like Cytonn Asset Managers Limited. The city’s vibrant financial ecosystem offers unparalleled opportunities for networking and career growth. As a finance internship participant, you’ll benefit from proximity to regulatory bodies, investment firms, and professional networks, positioning you for success in Kenya’s dynamic financial sector.

Industry Trends in Asset Management

Kenya’s asset management industry is growing rapidly, driven by increasing demand for innovative investment products like money market funds. The Cytonn Money Market Fund, with its high yields and automated platform, reflects the sector’s shift toward technology-driven solutions. This finance internship aligns with these trends, offering exposure to fund accounting, corporate finance, and product administration. As Kenya’s financial markets expand through 2025, interns will be well-positioned to capitalize on emerging opportunities.

Eligibility and Application Tips

To qualify for this finance internship, you must hold a Bachelor’s degree in a business-related discipline (Second Class Honors, Upper Division) and a minimum B+ in KCSE (Mathematics and English). CPA qualifications are an advantage but not mandatory. To strengthen your application:

• Tailor your CV to highlight finance-related coursework, projects, or internships.
• Include your KCSE certificate to verify grades in Mathematics and English.
• Ensure your degree certificate or proof of enrollment is up-to-date.
• Write a concise cover letter explaining your interest in asset management and career goals.

Submit your application via Apply here: https://careers.cytonn.com/jobs/3003 by July 3, 2025.

Work Environment and Learning Opportunities

The finance internship offers a fast-paced, collaborative work environment where interns work alongside talented professionals. You’ll gain exposure to:

• Fund Accounting: Learn the intricacies of managing investment fund transactions.
• Corporate Finance: Understand financial strategies that drive investment returns.
• Product Administration: Gain insights into managing high-yielding financial products like CMMF.
• Team Building: Develop skills in fostering harmonious professional relationships.

Cytonn’s mentorship program ensures interns receive guidance to maximize their learning and growth.

How This Internship Contributes to Kenya’s Economy

By participating in this finance internship, you’ll contribute to Kenya’s financial sector, supporting investment solutions that empower individuals and institutions. Your work will help ensure accurate financial reporting, regulatory compliance, and efficient fund operations, driving economic growth and financial inclusion. This aligns with Kenya’s Vision 2030 goals for a robust financial services sector.

Networking and Professional Growth

The internship provides access to a network of finance professionals, institutional investors, and industry experts. You’ll have opportunities to attend workshops, connect with peers, and build relationships that enhance your career prospects. Joining professional bodies like the Institute of Certified Public Accountants of Kenya (ICPAK) can further boost your visibility in the sector.

Final Call to Action

Don’t miss this opportunity to launch your career with a finance internship at a leading asset management firm in Nairobi. Apply by July 3, 2025, through Apply here: https://careers.cytonn.com/jobs/3003. Submit your CV, degree certificate, KCSE certificate, and CPA credentials (if applicable) to join a dynamic team and make a lasting impact in Kenya’s financial sector.