Overview
The Senior Accountant Vessels is responsible for:
• The timely and accurate delivery of all Finance reporting deliverables for their allocated vessels within Asset Operations, ensuring compliance with required accounting standards and internal procedures
• Providing high quality cost management support and commercial focus to the Asset Managers, being their main point of contact for general operational / commercial activities impacting financial performance of their allocated vessels .
Responsibilities
Main accountabilities:
- Monthly / quarterly tasks
- Progress lean initiatives
- Review monthly revenue and costs in comparison to forecast and budget, identifying unexpected spends
- Calculate revenue and OPEX accruals
- Ensure high level of accuracy and variance analysis provided to Finance Director
- KPI reporting
- Provide proactive, commercially focused financial support to the Asset Manager
- Review and approve balance sheet reconciliations
- Main point of contact for central finance billing team regarding vessel billing
- Validate cash reporting for Vessels
- Maintain and close out actions in log, reviewed on a regular basis within team meeting
- R&O reporting
- Cost awareness / cost management
- Maintain strong culture of cost awareness within Asset Operations and highest level of cost management support provided
- Support / training provided to budget holders
- Ensure robust cost management processes are implemented
- Procedures and coding guides maintained and fully understood by all budget holders
- Ensure compliance of cost management processes and procedures
- Timely communication to budget holders / stakeholders with sufficient level of detail of plans, timetables and requirements for financial deliverables
- Provide visibility of financial data required to effectively manage budgets
- Review and challenge all financial deliverables, ensure ownership and accountability at all levels
- Review and challenge cost management processes with the aim of eliminating non / low value work, whilst still maintaining the integrity and material accuracy of financial results
Production / consolidation and reporting of all key financial deliverables for their allocated vessels to a high level of accuracy and quality within strict monthly / quarterly deadlines, ensuring compliance with Accounting Standards and Group guidelines - includes:
- Business partner to operations
- Adoption & delivery of lean initiatives
- Annual budget (P&L)
- Monthly forecast (P&L)
- Monthly vessel management reports (VMRs)
- Live risks and opportunities schedule for each vessel
- Monthly cost report analysis
- Quarterly Management Accounts
- Ad hoc reports as required (Central Finance, TAX, Subsea Division)
Qualifications
Qualifications (professional, technical, academic):
- Essential:
- Qualified (or equivalent experience)
- High level of experience of customer facing operations accounting
- Strong financial accounting background, with good understanding of accounting standards
- Preferred:
- Proven track record of change / improvements
- Good understanding of FX / Hedging accounting
You are meant for this job if
Essential:
- Strong team ethic
- Professional conduct and appearance
- Positive and enthusiastic
- Ability to motivate self and others
- Good interpersonal skills
- Good time management skills / flexible
- Willing and able to embrace new ideas and change
- Taking ownership & responsibility are key
- Excellent communication and presentation skills
- Ability to analyse high volumes of data and prepare well presented summaries for management
Additional Skills