Financial Controller at Meristem Securities Limited

Financial Controller at Meristem Securities Limited


Meristem Securities Limited is a leading capital market conglomerate that offers Wealth Management services, Stockbroking services, Registrar services, Trustee services and Investment Banking services to our clients.

We are recruiting to fill the position below:



Job : Financial Controller


Job Type: Full-time

Job Description


  • Ensure that an appropriate financial policy framework is in place to management decision-making, particularly in the areas of and liability management (ALM).
  • Establish comprehensive operational guidelines & workflows covering all business transactions and processes.
  • Maintain contacts and liaise with bankers, auditors, regulatory authorities (SEC, NSE, PFAs, and e.t.c), and tax authorities (Federal & State) to ensure compliance and long term financial security and stability.
  • Participate in meetings of departmental heads as necessary and work closely with all departmental heads/management teams, advising them on the likely financial consequences of all proposed courses of action.
  • Be prepared to act as a member of the project management team as necessary.
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Financial / Accounting:

  • Ensure accuracy and integrity of all financial records and data input.
  • Ensure production of accurate monthly and quarterly performance reports and management accounts.
  • Ensure financial and other reporting systems are maintained in accordance with the company’s accounting policies and relevant standards required by regulatory bodies, management and external auditors.
  • Prepare weekly and monthly banks reconciliation reports.
  • Ensure error-free trades posting into software(s) and timely settlement.
  • Manage and monitor daily cash position to ensure effective management as well as minimize the company’s exposures/liability
  • Production and submission of quarterly reports and any other reports as may be requested to SEC in the specified format.
  • Ensure effective coordination of offers processes and rending to issuing houses.
  • Ensure the appropriateness of the key financial assumptions included in the company’s strategic policies and budgets.
  • Evaluate the tax liability impact of complicated courses of action, minimize tax burden and deal with tax authorities and other government agencies (Federal & State).
  • Advise management & departmental heads on financial issues as they arise.
  • Manage and maintain fixed asses schedules and depreciation schedules.
  • Manage and maintain the company’s payroll .
  • Prepare and staff monthly pension remittances to the PFAs.
  • Manage and maintain the financial accounting systems for the company.
  • Coordinate/facilitate annual budget and forecasts sessions.
  • Prepare annual accounts and report for consideration by Management & the .
  • Maintain records to meet management, statutory & legal requirements.
  • Provide full accounting services to the management including departmental financial analysis and exploring any potential problems with them in order to make appropriate budgetary decisions.
  • Undertake such other financial analysis and reporting as requested by the management from time to time.
  • Prepare and render tax returns (PAYE, VAT, WHT, e.t.c) as and when due.
  • Plan and manage the company’s tax liabilities.
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Job Experience

  • A minimum of First Degree in any Management Science / Social Science related discipline preferably in Accounting, Economics or Finance.
  • Professional qualification- A minimum of ACA/ACCA is compulsory while other qualifications such as ACS, ACTI, and CFA will be added advantage.
  • Minimum of 5 years post-graduate work experience with a minimum of 3 years in a strategic/similar position in the financial services sector.



How to Apply

Interested and qualified candidates should:

Click here to apply


Application Deadline 30th April, 2022.

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