Cytonn Investments Management Plc (CIMP), is an alternative investment manager, with real estate development capability, and a primary focus on private equity and real estate investments in the high growth Kenyan Region. CIMP has presence in East Africa, Finland and the US.
CAML & CIM investors include global and local institutional investors, individual local investors, and diaspora investors.
The Finance and Portfolio Administration will be tasked with ensuring proper recording of all fund accounting and portfolio transaction for efficient services delivery to clients.
RESPONSIBILITIES
- Portfolio administration: Ensure proper recording of all portfolio transactions including: client’s withdrawals and any corporate actions
- Assist in the preparation and distribution of portfolio reports for the investment team
- Working with investment analysts per fund for timely and effective fund investments for yield calculations and fund pricing and timely reporting of fund position to stakeholders
- Communicate and reconcile portfolio activity with custodian banks and administrators
- Interact with clients, their advisers, custodians and administrators regarding portfolio operations
- Maintains financial security by coming up and following internal controls
- Preparation of custodial instructions by verifying required actions and documentations, thereby issuance of instructions to the custodian in line with the SLA in place
- Oversee performance measurement and analytics, fees calculations/finance reporting and fund accounting management
- Preparation of special reports by collecting, analysing, and summarizing account information and trends. Including accounts receivable status reports
- Reconcile the portfolio account ledgers to ensure that all transactions are accounted for and properly posted
- Undertake cashbook reconciliations on a daily basis for all the funds and schemes under regulation
- Ensure fund’s cashflow for liquidity planning to ensure sufficient funds to make client payments
- Daily reporting to third parties the unit trust prices for publishing
- Monthly reporting to CMA for Fund Manager, Quarterly Reporting to CMA and RBA for portfolio and accounting positions
- Oversee the process of account opening, change of mandates, for accuracy, integrity, timelessness and risk management
- Any other duties that may be assigned to you
REQUIREMENTS
- Must have achieved at least a Minimum B+ Grade in high school
- A Bachelors Undergraduate Degree; Second Class Honours (upper division) in Finance or related field of Investments and Analytics
- Pursuing CPA, ACCA, CIFA or CFA, or such related professional courses for Finance and Investments
- Demonstrated attention to detail, accuracy, and ability to follow data entry/department standards
- Excellent communication and relationship building skills
- Ability to carry out assigned tasks to completion with minimal directions
- Keen organization and problem solving skills, which support and enable sound decision making
- Have excellent skills in Microsoft Office (Especially Excel)
LEARNING OPPORTUNITIES
It’s an opportunity to be training on portfolio administration and accounting skills for fund accounting
Closing Date: November 10th, 2023
Location: Nairobi