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
- 3 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 12th September, 2026. Please note only short-listed candidates will be contacted. If you do not hear from us by 30th September, 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.
N/B: This job advert is open to both internal and external candidates.