Marine Accountant

Responsibilities

• ### Core Accounting & Ledger Management
• Month-End Closing: Manage the timely and accurate closing of monthly accounts for assigned vessels.
• General Ledger Management: Monitor and reconcile general ledger accounts, ensuring all vessel-related expenses, accruals, and prepayments are recorded accurately.
• Financial Reporting: Prepare comprehensive financial statements, and schedules for each vessel.
• Chart of Accounts: Establish and maintain the chart of accounts and manage financial master data, including bank setup parameters within the IMOS and Odoo systems.
• ### Budgeting, Variance, & Cost Control
• Budget Formulation: Partner with chartering and operations and technical managers to develop detailed annual operating cashflow budgets for each vessel.
• Variance Analysis: Review and analyse actual expenditures against budgeted forecasts on a monthly basis; investigate and explain significant deviations.
• Funding & Cash Flow Management: Monitor vessel cash flows, ensure adequate liquidity for running costs.
• ### Voyage & Operations Accounting
• Revenue & Expense Tracking: Track and account for charter hire, voyage revenue and related expenses
• Invoice Verification: Review, verify, and process invoices from suppliers and service providers, ensuring correct cost allocation to specific vessels.
• Intercompany Billings: Manage intercompany transactions and recharges related to vessels accordingly
• Invoicing: Manage billing of Management fees and commission to vessels
• Receivables Monitoring: Closely monitor and update all incoming payments from charterers, ensuring accurate and timely entry into both IMOS and Odoo accounting system.
• ### Tax & Compliance
• Tax & Statutory Compliance: Ensure compliance with international maritime financial regulations and local statutory requirements.
• ### Admin
• AdminDuties: Office related admin duties assigned from time to time
• Requirements & Qualifications
• ### Education & Experience
• Degree: Bachelor's degree in Accounting. Professional certifications (e.g., CPA, ACCA, CA) are highly advantageous.
• Experience: Minimum of 3-5 years of accounting experience, with a strong preference for a background in the shipping, maritime, or ship-management industry .
• ### Technical Skills
• Software Proficiency: Strong experience with marine accounting and experience in Odoo and IMOS are highly advantageous
• Advanced Excel: Advanced proficiency in MS Excel (VLOOKUPs, Pivot Tables).
• Knowledge Base: Good understanding of maritime accounting principles, including charter hires, ship OPEX, and voyage accounting.
• ### Soft Skills
• Analytical Mindset: Sharp analytical and problem-solving skills with a high level of attention to detail.
• Communication: Strong interpersonal and communication skills to effectively collaborate with cross-functional technical and operational teams.
• Time Management: Ability to manage multiple priorities efficiently.

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