Are you passionate about finance and eager to gain hands-on experience in a fast-paced asset management environment? Cytonn Asset Managers Limited (CAML) is offering a Finance Internship opportunity in Nairobi that could be your gateway into the competitive financial services industry. This internship is designed to expose you to real-world finance operations, fund management practices, and statutory reporting under the guidance of experienced professionals in the field.
CAML is a regulated Fund Manager licensed by the Capital Markets Authority (CMA) and the Retirement Benefits Authority (RBA). It is also authorized to operate as a Real Estate Investment Trust (REIT) Manager under CMA regulations. As a subsidiary of Cytonn Investments, CAML manages a broad client base comprising institutional investors, individual retail investors, and members of the diaspora. One of its standout offerings is the Cytonn Money Market Fund (CMMF), renowned for its high yields and fully automated platform tailored to retail investors.
In a bid to strengthen its internal capacity and nurture the next generation of finance professionals, CAML is looking for ambitious, self-driven, and detail-oriented candidates to join its Finance Department as interns. Successful interns who demonstrate excellent performance and professionalism may be considered for full-time employment after completion of the internship.
This is your chance to launch your career in finance with a company that is committed to innovation, performance, and growth.
Job Title: Finance Internship
Location: Nairobi
Job Type: Internship
Job Category: Finance
Closing Date: July 3rd, 2025
About the Company
Cytonn Asset Managers Limited is a leading player in the Kenyan investment landscape. With a diverse portfolio and a commitment to delivering superior risk-adjusted returns, CAML plays a pivotal role in managing investments across public equities, fixed income securities, private equity, and real estate. The firm has established itself as an innovator, offering technology-driven solutions to its clientele through products like the Cytonn Money Market Fund.
Interns at CAML get a unique opportunity to experience the inner workings of asset management, from fund administration and compliance to tax accounting and financial reporting. The firm’s focus on professional development and mentorship ensures that interns are not only participants in the organization’s operations but are also empowered to grow and take initiative.
Finance Internship – Detailed Job Description
The Finance Internship at CAML is designed to give you exposure to all key aspects of finance operations within a licensed fund management institution. You will work closely with the finance and accounting team to assist in preparing financial records, ensuring statutory compliance, and supporting audit processes. Below is a breakdown of your key responsibilities:
1. Accounting and Bookkeeping
- Assist in the preparation and maintenance of all company and fund accounts.
- Contribute to the monthly closing process, including the preparation of general journal entries.
- Update and manage books of accounts ensuring accuracy and timeliness.
- Post documents of original entry into accounting systems and ensure all entries are supported by verified source documents.
2. Financial Reporting
- Prepare monthly, quarterly, and annual statutory financial reports in line with CMA requirements.
- Ensure accurate and timely reporting of fund performance and financial positions.
- Support the preparation of management accounts and other internal financial reports as required.
3. Taxation and Statutory Compliance
- Ensure timely filing and payment of all tax obligations, including PAYE, VAT, and Withholding Tax (WHT).
- Keep updated with changes in tax legislation and regulatory compliance matters.
- Maintain accurate records of statutory submissions and correspondence with relevant authorities.
4. Reconciliation and Transaction Monitoring
- Conduct bank and cash reconciliations for various accounts and funds.
- Track fund transactions and ensure timely and accurate recording into financial systems.
- Review supporting documentation for all financial transactions and ensure compliance with internal policies.
5. Invoicing and Receivables Management
- Generate monthly invoices for services rendered by the fund manager.
- Track receivables and ensure timely follow-up to maintain a healthy cash flow.
- Maintain accurate records of client accounts and payment schedules.
6. Payments and Supplier Management
- Assist in the preparation and processing of payments to suppliers and service providers.
- Ensure that all payments are backed by appropriate documentation and have followed the correct authorization protocols.
- Collaborate with the procurement and operations teams to ensure seamless payment processing.
7. Audit Support
- Facilitate both internal and external audit exercises by preparing requested documents and reports.
- Ensure that all transactional records are organized and easily accessible for audit verification.
- Address audit queries and implement audit recommendations as directed.
8. General Support and Additional Duties
- Undertake any other duties as may be assigned by your supervisor or the Finance Manager.
- Support the team in building harmonious relationships with suppliers, stakeholders, and residents (in the case of real estate-related fund management).
- Actively participate in team-building activities and demonstrate a willingness to learn and contribute.
Learning Opportunities
This internship offers you a rare chance to grow your skills and expand your understanding of finance in a real-world, professional setting. As a finance intern at CAML, you will:
- Gain practical exposure to fund accounting, taxation, and corporate finance.
- Learn how to operate financial and accounting software systems.
- Understand the regulatory landscape of Kenya’s capital markets and asset management industry.
- Build your analytical, strategic, and reporting skills by working on live financial data and transactions.
- Collaborate with a high-performing team, allowing you to learn team dynamics and professional communication.
You will also receive mentorship from senior finance professionals and have access to structured learning and development programs. This opportunity is ideal for individuals who are looking to build a career in asset management, fund operations, or financial compliance.
Candidate Requirements
While the internship is open to fresh graduates and early-career professionals, Cytonn has set certain minimum standards for applicants. To be considered for the Finance Internship, candidates should have:
- A Bachelor’s degree in a business-related discipline, with a minimum of Second Class Honors (Upper Division).
- A minimum of a B+ grade in KCSE, including strong performance in Mathematics and English.
- CPA qualification (full or in progress) or an equivalent professional course is an added advantage.
- Strong computer proficiency, especially in Microsoft Office applications.
- Excellent communication skills and an analytical mindset.
- The ability to handle multiple tasks, prioritize work effectively, and maintain attention to detail.
Work Environment and Culture
Cytonn Asset Managers Limited values innovation, professionalism, and team collaboration. As an intern, you will be immersed in a dynamic and goal-driven culture where your contributions are recognized and your growth is nurtured. You will be expected to demonstrate initiative, curiosity, and integrity throughout your internship period.
The work environment is fast-paced and challenging, ideal for ambitious individuals looking to distinguish themselves in Kenya’s financial sector. Interns who prove themselves during the program stand a strong chance of securing a permanent role within the organization.
Important Dates and Application Instructions
Application Deadline: July 3rd, 2025
Location: Nairobi, Kenya
Internship Duration: To be communicated upon successful application
Compensation: Stipend (details to be provided during the interview)
To apply for the Finance Internship at Cytonn Asset Managers Limited, visit their website or application portal and follow the application instructions. Ensure that you submit all the necessary documents and tailor your CV to highlight relevant academic qualifications, achievements, and practical skills that align with the responsibilities listed above.
This is a competitive opportunity, and early application is highly encouraged.
Conclusion
The Finance Internship at Cytonn Asset Managers Limited offers a rare and valuable opportunity for aspiring finance professionals to gain practical experience in Kenya’s regulated investment sector. With a structured training environment, hands-on responsibilities, and the possibility of employment after the internship, this position is ideal for candidates seeking a launchpad for a career in fund management, corporate finance, or financial reporting.
If you meet the qualifications and are eager to build a meaningful career in finance, this is your chance to work with one of the leading fund managers in the region.
