Job Type: Internship
Job
Category: Real Estate
Closing
Date: October 5th, 2021
Location:
Nairobi
Cytonn Investments 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.
Cytonn has a unique strategy of coupling two compelling demand areas – the lack of high yielding investment products due to the large banking spread, and the lack of institutional grade real estate; by providing high yielding instruments to attract funding from investors, and we deploy that funding to investment grade, well planned and comprehensive real estate developments that are largely pre-sold. With offices in Nairobi, Nakuru, Nyeri and Kisumu – Kenya and Washington, DC – USA, we are primarily focused on offering alternative investment solutions to global and local institutional investors, individual high net-worth investors, and diaspora investors interested in the East-African region.Real estate investments are made through our
development affiliate, Cytonn Real Estate, where we currently have over Kshs.
82 billion (USD 820 mn) of projects under mandate across ten projects. In
private equity, we invest in banking, education, and hospitality. Our financial
services investments in Sub Saharan Africa are made through our Cytonn Africa
Financial Fund (CAFF). Investments in education and hospitality are made
through Cytonn Education Services and Cytonn Hospitality, respectively.
This position requires
self driven hardworking individuals to join the Real Estate functions of the
group, with strong quantitative skills, excellent people skills and exceptional
admin skills who shall participate in an intense 12 weeks training program on
the entire real estate sales process from reservation to registration, manage
sales collections and coordinate with respective law firms on various sales
documents until completion.
Responsibilities
- Assist
on the entire real estate sales process from reservation to registration
- Assist
on collection of receivables from clients and and enforce compliance with
real estate sales policies and processes
- Under
supervision, review reservations, letters of offer, agreements for sale,
and lease registration documents
- You
shall be part of the team that will coordinate with respective law firms
on the various sales documents
- Proactively
drive the sales process from reservation to closure
- Assist
on the modeling real estate payment plans such as amortisation models and
dynamics of the agreements
- Assist
on development of cash flow projections of project payables and receivables
- Provide
client support services to Real Estate clients
- Ensure
meticulous documentation and record keeping
- Coordinate
real estate sales process improvement and automation initiatives
- Any
other duties as shall be assigned from time to time
Qualifications
- A
Bachelor’s degree in a business related discipline from a recognized
university with a minimum of Second Class Honors, Upper Division
- Minimum
of B+ in KCSE
- Good
communication skills
- A
keen interest in investments and real estate
- Proficiency
in Microsoft Office
- Strong
numeracy, analytical, strategy and research skills
- Ability
to handle multiple tasks and prioritize accordingly
- Covid-19
vaccination certificate
How to Apply
