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Financial Controller At Meristem Securities Limited

Date Posted: 22/Jun/2019
Deadline: 11/Jul/2019

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.

Financial Controller

The role of the Financial controller will be to Provide full financial and management accounting services to the Management, especially, MD/CEO.

The main responsibilities of the position include:

1.    Strategic

Ensure that an appropriate financial policy framework is in place to guide management decision-making, particularly in the areas of asset 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), 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 team, advising them on likely financial consequences of all proposed courses of action. 
Be prepared to act as a member of the project management team as necessary.

2.    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 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 liquidity management as well as minimize company’s exposures/liability
  • Production and submission of quarterly reports and any other reports as may be requested to SEC in specified format.
  • Ensure effective coordination of offers processes and returns rending to issuing houses.
  • Ensure the appropriateness of the key financial assumptions included in the company’s strategic policies and budgets.
  • Prepare annual accounts and report for consideration by Management & the Board.
  • 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 company’s tax liabilities.
  • Evaluate the tax liability impact of complicated courses of actions, minimize tax burden and deal with tax authorities and other government agencies (Federal & State).
  • Advise management & departmental heads on major financial issues as they arise.
  • Manage and maintain fixed assets schedule and depreciation schedules.
  • Manage and maintain the company’s payroll system.
  • Prepare and submit staff monthly pension remittances to the PFAs.
  • Manage and maintain the financial accounting systems for the company.
  • Coordinate/facilitate annual budget and forecasts sessions.

Experience & Skill

  • A minimum of first degree in any management science/social science related discipline preferably in accounting, economics/finance.
  • Minimum of 5 years post-graduate work experience with a minimum of 3 years in a strategic/similar position in the financial services sector
  • Professional qualification- A minimum of ACA/ACCA is compulsory while other qualifications such as ACS, ACTI, CFA will be added advantage.

Method of Application

If you feel you would be a good fit for any of these roles please send a detailed CV to [email protected] using the JOB TITLE AS THE SUBJECT OF THE MAIL.

Please note, only qualified candidates will be shortlisted and contacted

Method of Application

Interested and qualified? Click the Apply now button to send your application

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