Cytonn Asset Managers Limited (CAML) is pleased to announce an exciting opportunity for a highly motivated individual seeking to build a strong foundation in the finance sector. As a regulated Fund Manager by both the Capital Markets Authority (CMA) and the Retirement Benefits Authority (RBA), CAML provides an ideal environment for budding professionals to grow and develop critical financial skills in a dynamic and professional setting.
CAML is also a licensed Real Estate Investment Trust (REIT) Manager under CMA. The organization is well-known for delivering superior risk-adjusted investment returns through diverse portfolios spanning public markets and alternative investments. Among its notable products is the Cytonn Money Market Fund (CMMF), one of Kenya’s most competitive and high-yielding funds, accessible via a fully automated digital platform for retail investors.
Our clients include a broad spectrum of investors—from global and local institutional players to individual and diaspora investors—making CAML a vibrant and multi-faceted workplace that welcomes ambitious talent ready to thrive.
In line with its vision to foster professional growth and innovation, CAML is looking to bolster its finance department by bringing on board an enthusiastic and driven intern for a highly competitive internship program. Successful completion of the internship may lead to a full-time offer.
This internship is ideal for recent graduates who have a strong academic background in finance, are passionate about numbers, and are eager to learn through hands-on experience in a fast-paced asset management environment.
Position: Finance Intern
Number of Positions: One (1)
Duration: Specified during recruitment process
Location: Nairobi
Key Responsibilities
As a Finance Intern at Cytonn Asset Managers Limited, you will be entrusted with a range of responsibilities that provide practical exposure to financial operations in a regulated and structured environment. Your duties will span the following areas:
- Bookkeeping and Month-End Closure
- Prepare and maintain detailed and accurate books of accounts.
- Assist with month-end closing processes, ensuring that all necessary journal entries are correctly posted.
- Contribute to the preparation of general monthly fund accounts to reflect the financial health of each fund.
- Statutory Financial Reporting
- Participate in the preparation of monthly, quarterly, and annual statutory financial reports for submission to the Capital Markets Authority.
- Ensure that the reports are accurate, timely, and comply with all applicable financial standards and regulatory requirements.
- Tax Compliance and Filing
- Ensure strict adherence to all tax requirements, including but not limited to PAYE (Pay As You Earn), VAT (Value Added Tax), and WHT (Withholding Tax).
- Assist in the filing and remittance of taxes to relevant authorities within stipulated timelines.
- Maintain comprehensive records of all tax filings and ensure compliance.
- Banking and Cash Reconciliation
- Carry out monthly bank and cash reconciliations to ensure accuracy and completeness.
- Investigate and resolve any discrepancies in a timely manner.
- Substantiate all financial transactions with appropriate and verified source documentation.
- Invoicing and Receivables
- Raise and process monthly invoices for services rendered by the fund manager.
- Maintain up-to-date and compliant records of all invoice transactions.
- Follow up with clients and partners to ensure prompt payment and resolution of outstanding balances.
- Transaction Posting and Fund Tracking
- Timely posting of original source documents into the accounting system to ensure up-to-date financial records.
- Track fund-related transactions and ensure all documents are appropriately categorized and recorded.
- Payments Processing
- Assist in the processing of payments to various fund service providers, ensuring accuracy and timeliness.
- Verify supporting documentation before initiating any payment processes.
- Audit Support and Documentation
- Provide comprehensive assistance during both internal and external audit exercises.
- Respond promptly to audit queries and provide necessary documents as required.
- Maintain organized records and ensure all transactional documentation is available and secure.
- Additional Assignments
- Execute other finance-related tasks as may be assigned by supervisors.
- Support cross-functional initiatives that require financial input or analysis.
Who We Are Looking For
This internship opportunity is specifically tailored for individuals who possess:
- A Bachelor’s degree in a business-related discipline, preferably with a Second Class Honors (Upper Division) or higher.
- A minimum of a B+ grade in KCSE, with strong performance in both Mathematics and English.
- CPA certification or its equivalent is an added advantage.
- Proficiency in Microsoft Office tools, particularly Excel, and overall strong computer literacy.
- Excellent communication and interpersonal skills.
- Strong numeracy, analytical thinking, and strategic orientation.
- Ability to manage multiple tasks and deadlines efficiently.
- Demonstrated self-drive, initiative, and a high level of accountability.
Learning Opportunities
Interning at Cytonn Asset Managers Limited provides more than just technical skills—it offers a holistic learning experience. The successful candidate will benefit from:
- Exposure to Asset Management and Fund Accounting practices.
- Practical experience in Corporate Finance and understanding various investment products.
- Insight into regulatory reporting and compliance requirements in Kenya’s financial sector.
- Training on working with suppliers, residents, and clients while supporting a positive and harmonious business environment.
- Opportunities to work in a high-performance culture with access to mentorship from seasoned professionals.
- Direct involvement in real-life financial decision-making processes, adding depth to your academic knowledge.
- Team building and collaborative projects that enhance your leadership and organizational abilities.
At CAML, we believe in nurturing talent and providing meaningful opportunities for growth. This internship is designed not only to provide technical knowledge but also to build essential soft skills, such as teamwork, adaptability, communication, and integrity.
Career Progression
One of the key advantages of the Cytonn internship program is its clear path to permanent employment. Interns who excel during the training period are highly likely to receive a job offer. This makes the internship both a learning journey and a stepping stone to a long-term career in the financial industry.
Our Work Culture
Working at CAML means being part of a performance-driven culture where accountability, innovation, and results are highly valued. Interns are treated as full members of the team, involved in meetings, presentations, and strategic discussions where appropriate. We expect our interns to be proactive, professional, and enthusiastic learners, ready to contribute to our continued success.
Application Process
Interested candidates who meet the criteria outlined above are encouraged to submit their applications on or before July 3rd, 2025. Please ensure your application includes an updated CV and a brief cover letter outlining why you are the ideal candidate for the Finance Internship at CAML.
Application Mode: [The original job posting did not indicate that applications are via email. Therefore, you may proceed to use the application link below.]
