From the employer's careers page · Verified employer
Assistant Fund Accountant
CIC Insurance Group
Job at a glance
- Employer
- CIC Insurance Group
- Position
- Assistant Fund Accountant
- Location
- Nairobi, Kenya
- Experience
- 2 years in fund accounting/pension
- Education
- Bachelor's in Business/Actuarial; CPA(K)/ACCA L2
- Salary
- Not stated in the advert
- Application deadline
- Open until filled (listed until 19 October 2026)
- Posted on VacancyKE
- 2 October 2026
VacancyKE summary
CIC Insurance Group is hiring an Assistant Fund Accountant in Nairobi to prepare financial statements and manage pension fund accounts. You will handle tax computations, reconciliations, and regulatory filings while ensuring client satisfaction through accurate reporting.
What stands out about this opportunity
- Strict deadline: 9th October, 2026
- Focus on pension fund and investment administration
- Requires adherence to IFRS and RBA standards
Key responsibilities
- Prepare quarterly management accounts and annual audited financial statements for pension funds.
- Compute and pay quarterly/annual income tax and RBA levies as per statutory requirements.
- Reconcile member dealings, cash books, bank statements, and guaranteed fund receipts monthly.
- Analyze data from fund managers/custodians and process pension benefits and service provider fees.
- File investment returns for guaranteed schemes and submit audited accounts to RBA.
- Participate in client AGMs, responding to member queries and fostering stakeholder relations.
- Report system bugs immediately and adhere to all SLAs and accounting standards.
Who should apply?
This role suits early-career accountants with 2+ years in pensions or fund administration who hold CPA(K) or ACCA Level 2 qualifications.
Key requirements
- Bachelor's in Business/Actuarial
- CPA(K) or ACCA Level 2
- 2 years fund accounting experience
- Knowledge of RBA/KRA regulations
- Proficiency in accounting systems
What you should know
- Applications must be submitted via the CIC careers portal.
- Deadline: Close of business on 9th October, 2026.
- Only shortlisted candidates will be contacted by 30th November, 2026.
- Upload Resume/CV and Certificates as one PDF file (max 20 MB).
How to apply
- Apply strictly through https://careers.cicinsurancegroup.com/
- Clearly indicate the position being applied for in your application.
Official source: From the employer's careers page · careers.cicinsurancegroup.com. VacancyKE never charges job seekers.
Original employer advertisement
Published by CIC Insurance Group on careers.cicinsurancegroup.com. Shown for reference; the employer’s version is the official one.
The employer’s advert
About Us
CIC Insurance Group is a leading insurance and financial services organisation with more than five decades of experience helping individuals, families, and organizations achieve financial security.
We have grown into a dynamic Group offering life, general, micro insurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and are listed on the Nairobi Securities Exchange.
Our tagline, “We Keep Our Word,” reflects our unwavering commitment to integrity, transparency, and delivering on our promises to our clients, partners, and communities.
CIC Group is passionate about innovation, digital transformation, and inclusive insurance solutions that meet the evolving needs of cooperatives, SMEs, corporates, and individuals. By joining us, you will be part of a team that is shaping the future of financial protection across Africa.
About the Role
Reporting to Assistant Manager – Client Relations, the Fund Accountant will be responsible for providing quarterly management and annual audited financial statements in line with SLAs and to meet statutory requirements in order to drive client satisfaction and enhance service delivery.
Key Responsibilities
• Preparation and presentation of pension funds management accounts, budget, cashflow statement and annual audited financial statement to trustees. as per RBA and International Financial Reporting Standards (IFRS).
• Handle an assigned client portfolio of investment
• Assessment, computations and payments of quarterly and annual income tax and annual RBA levies. Payment of income tax and RBA levies to the relevant bodies as per statutory requirements.
• Analyze and capture data received from the fund managers and custodians monthly.
• Monthly reconciliation of the members dealing in the pension system
• Prepare cash book and bank reconciliation monthly.
• Filling of Investment returns for guaranteed fund schemes
• Preparing Scheme financial statements and filing Scheme audited accounts with RBA.
• Guaranteed fund bank statement reconciliation and receipting of contributions & transfers
• Analysis and processing pension benefits, expenses and service providers fees
• Assist in training interns.
Client Service
• Participate in client AGMs through proper preparations and response to member queries.
• Proactively foster cordial working relations with all stakeholders to enhance client satisfaction and service delivery.
Operational Efficiency
• Adhere to all SLAs and working standards to ensure legal and regulatory requirements.
• Real time reporting of system bugs and downtimes for speedy resolutions.
• 100% compliance to Accounting reporting standards.
Who We’re Looking For
Essential Knowledge/Skills and Experience Required:
• Bachelor’s degree in a Business-related field or Actuarial
• Professional qualification in / CPA K / ACCA Level 2
• 2 years’ experience in fund accounting/pension industry
• Awareness of RBA, ICPAK and KRA requirements
• Good knowledge of an accounting system
• Analytical and organizational skills
• Accounting
• Able to work to a high level of accuracy
• Good communication skills
Why Join Us?
Joining CIC Insurance Group as an Assistant Fund Accountant offers an excellent opportunity to build strong expertise in pension fund accounting, investment administration, financial reporting, and regulatory compliance within a leading financial services organization. In this role, you will play a key part in preparing accurate fund accounts, financial statements, reconciliations, tax and RBA returns, and investment-related reports, while working closely with Trustees, fund managers, custodians, and other stakeholders. You will gain valuable exposure to IFRS, RBA requirements, pension fund operations, and client service, while contributing to the financial integrity and effective management of retirement benefits schemes. If you are analytical, detail-oriented, and passionate about financial reporting and retirement benefits, CIC provides a strong platform to develop your accounting expertise and contribute to the financial security of members.
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 9 th October, 2026 . Please note only short-listed candidates will be contacted. If you do not hear from us by 30th November, 2026 consider your application unsuccessful.
CIC Group is an equal opportunity employer and does not solicit or require any form of payment for employment opportunities.
Position
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Profesional Qualifications (Required) Qualification
Institution
Status
Year
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Education (Highest Level Only) (Required) Certificate
Institution
Status
Year
Add Remove
Work Experience(starting with the latest) (Required) Employer
Position
Start Date
End Date
Add Remove
Relevant years of experience (Required)
Current Notice Period
Current Gross Monthly Pay
Resume/CV and Certificate (Upload in one PDF file) (Required) Accepted file types: pdf, Max. file size: 20 MB.
Data Protection YES
CIC Insurance Group will be the data controller of your personal data. All data submitted by you will be held securely, will not be passed to 3rd parties (unless required by law) and will not be held longer than the maximum period allowed by law years after the end of the competition for which your application was processed, without your express agreement
By ticking this box, you confirm your agreement to the above YES/ NO
DECLARATION I hereby certify that to the best of my knowledge the details given in this form are correct. I understand that in the event of being offered employment with CIC Insurance Group, any proven falsification or concealment of any material fact in respect of my application may lead to CIC Insurance group withdrawing the offer of employment if employment has not commenced or disciplinary action and dismissal if employment has commenced
By ticking this box, you confirm your agreement to the above
.
CIC Insurance Group is a leading insurance and financial services organisation with more than five decades of experience helping individuals, families, and organizations achieve financial security.
We have grown into a dynamic Group offering life, general, micro insurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and are listed on the Nairobi Securities Exchange.
Our tagline, “We Keep Our Word,” reflects our unwavering commitment to integrity, transparency, and delivering on our promises to our clients, partners, and communities.
CIC Group is passionate about innovation, digital transformation, and inclusive insurance solutions that meet the evolving needs of cooperatives, SMEs, corporates, and individuals. By joining us, you will be part of a team that is shaping the future of financial protection across Africa.
About the Role
Reporting to Assistant Manager – Client Relations, the Fund Accountant will be responsible for providing quarterly management and annual audited financial statements in line with SLAs and to meet statutory requirements in order to drive client satisfaction and enhance service delivery.
Key Responsibilities
• Preparation and presentation of pension funds management accounts, budget, cashflow statement and annual audited financial statement to trustees. as per RBA and International Financial Reporting Standards (IFRS).
• Handle an assigned client portfolio of investment
• Assessment, computations and payments of quarterly and annual income tax and annual RBA levies. Payment of income tax and RBA levies to the relevant bodies as per statutory requirements.
• Analyze and capture data received from the fund managers and custodians monthly.
• Monthly reconciliation of the members dealing in the pension system
• Prepare cash book and bank reconciliation monthly.
• Filling of Investment returns for guaranteed fund schemes
• Preparing Scheme financial statements and filing Scheme audited accounts with RBA.
• Guaranteed fund bank statement reconciliation and receipting of contributions & transfers
• Analysis and processing pension benefits, expenses and service providers fees
• Assist in training interns.
Client Service
• Participate in client AGMs through proper preparations and response to member queries.
• Proactively foster cordial working relations with all stakeholders to enhance client satisfaction and service delivery.
Operational Efficiency
• Adhere to all SLAs and working standards to ensure legal and regulatory requirements.
• Real time reporting of system bugs and downtimes for speedy resolutions.
• 100% compliance to Accounting reporting standards.
Who We’re Looking For
Essential Knowledge/Skills and Experience Required:
• Bachelor’s degree in a Business-related field or Actuarial
• Professional qualification in / CPA K / ACCA Level 2
• 2 years’ experience in fund accounting/pension industry
• Awareness of RBA, ICPAK and KRA requirements
• Good knowledge of an accounting system
• Analytical and organizational skills
• Accounting
• Able to work to a high level of accuracy
• Good communication skills
Why Join Us?
Joining CIC Insurance Group as an Assistant Fund Accountant offers an excellent opportunity to build strong expertise in pension fund accounting, investment administration, financial reporting, and regulatory compliance within a leading financial services organization. In this role, you will play a key part in preparing accurate fund accounts, financial statements, reconciliations, tax and RBA returns, and investment-related reports, while working closely with Trustees, fund managers, custodians, and other stakeholders. You will gain valuable exposure to IFRS, RBA requirements, pension fund operations, and client service, while contributing to the financial integrity and effective management of retirement benefits schemes. If you are analytical, detail-oriented, and passionate about financial reporting and retirement benefits, CIC provides a strong platform to develop your accounting expertise and contribute to the financial security of members.
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 9 th October, 2026 . Please note only short-listed candidates will be contacted. If you do not hear from us by 30th November, 2026 consider your application unsuccessful.
CIC Group is an equal opportunity employer and does not solicit or require any form of payment for employment opportunities.
Position
Name (Required)
Enter your full names
Email (Required)
Enter your active email address
Phone (Required)
Enter your active mobile number
Gender
Male
Female
Date of Birth (Required)
MM slash DD slash YYYY
Country (Required) Country Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos Islands Colombia Comoros Congo, Democratic Republic of the Congo, Republic of the Cook Islands Costa Rica Croatia Cuba Curaçao Cyprus Czech Republic Côte d'Ivoire Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Eswatini (Swaziland) Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard and McDonald Islands Holy See Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kuwait Kyrgyzstan Lao People's Democratic Republic Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Korea Northern Mariana Islands Norway Oman Pakistan Palau Palestine, State of Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Romania Russia Rwanda Réunion Saint Barthélemy Saint Helena Saint Kitts and Nevis Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu US Minor Outlying Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands, British Virgin Islands, U.S. Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe Åland Islands
Profesional Qualifications (Required) Qualification
Institution
Status
Year
Add Remove
Education (Highest Level Only) (Required) Certificate
Institution
Status
Year
Add Remove
Work Experience(starting with the latest) (Required) Employer
Position
Start Date
End Date
Add Remove
Relevant years of experience (Required)
Current Notice Period
Current Gross Monthly Pay
Resume/CV and Certificate (Upload in one PDF file) (Required) Accepted file types: pdf, Max. file size: 20 MB.
Data Protection YES
CIC Insurance Group will be the data controller of your personal data. All data submitted by you will be held securely, will not be passed to 3rd parties (unless required by law) and will not be held longer than the maximum period allowed by law years after the end of the competition for which your application was processed, without your express agreement
By ticking this box, you confirm your agreement to the above YES/ NO
DECLARATION I hereby certify that to the best of my knowledge the details given in this form are correct. I understand that in the event of being offered employment with CIC Insurance Group, any proven falsification or concealment of any material fact in respect of my application may lead to CIC Insurance group withdrawing the offer of employment if employment has not commenced or disciplinary action and dismissal if employment has commenced
By ticking this box, you confirm your agreement to the above
.