Accounts Executive

wilhelmsen; Kuala Lumpur; On-site; MYR 45,000 - 78,000; Full time

Job summary

Wilhelmsen Ship Management in Kuala Lumpur is seeking a finance professional with a degree in accounting or finance to join our accounting team supporting vessel operations. The role offers an entry path into maritime finance within a global group.

Fresh graduates are welcome; key tasks include payroll verification, bank reconciliations, accounts payable, posting journal entries, and preparing monthly reports. Proficiency in MS Excel and English is required; SAP experience is an advantage.

Qualifications

• Degree in accounting and/or finance or equivalent in professional accounting body.
• Fresh Graduates are welcome to apply.
• Good command of English.
• Work experience involving the use of SAP systems will be an added advantage.

Responsibilities

• Preparing funds request to vessel owners and update funds schedule on a monthly basis.
• Posting bank related entries via FEBA for non-open item payments.
• Performing vessel bank reconciliation on a monthly basis.
• Verifying payroll entries on a monthly basis.
• Verifying opening balances of onboard cash, provision and bond stores.
• Verifying all purchases made with cash onboard are supported by original receipt.
• Verifying all expenses are supported with proper documents.
• Preparation of requisition forms for payment.
• Posting entries from manning agent disbursement in the accounting system.
• Ensuring expenses are coded accordingly and approved by relevant Crewing Manager, Vessel Manager and Fleet Manager.
• Posting appropriate journal entries (accruals, adjustments, amortization etc).
• Reconciling vessel balance sheet items on a monthly basis and other balance sheet items.

Skills

English

MS Office (Excel)

Education

Degree in accounting or finance

Tools

SAP

Job description

About Us

Wilhelmsen Ship Management is one of the world's largest third-party ship managers originated from Oslo, Norway with a portfolio of more than 450 vessels, a pool of more than 14,000 seafarers and over 900 shore-based employees all over the world. Our employees are working with a comprehensive global maritime group providing over half of the merchant fleet with essential products and services, along with supplying crew and technical management to the largest and most complex vessels ever to sail.

What You'll Responsible For:

Main responsibilities

• Preparing funds request to vessel owners and update funds schedule on a monthly basis.
• Posting bank related entries via FEBA for non-open item payments
• Performing vessel bank reconciliation on a monthly basis.
• Verifying payroll entries on a monthly basis
• Verifying opening balances of onboard cash acc, provision and bond stores.
• Verifying all purchases made with cash onboard are supported by original receipt.
• Verifying all expenses are supported with proper documents.
• Preparation of requisition forms for payment.
• Posting entries from manning agent disbursement in the accounting system.
• Ensuring expenses are coded accordingly and approved by relevant Crewing Manager, Vessel Manager and Fleet Manager (where appropriate).
• Posting appropriate journal entries (accruals, adjustments, amortization etc).
• Verifying the Gard Insurance distribution.
• Reconciling vessel balance sheet items on a monthly basis - a few examples are given below:
• Advances
• Accounts Payables
• Crew Balance of Wages
• Allotment
• Cash to Master
• Open P.O. lists
• Other balance sheet items
• Verifying figure accuracy in online reporting.
• Performing analytical review before submission to management centers.
• Preparing and submitting of monthly reports for vessel owners within the deadlines.
• Ensuring supporting documents are adequate and complete.
• Maintaining a proper filing for financial statements, bank statements, budgets, other correspondence, etc.
• Preparing of budget follow up report (comparison of actual against budget figures) where applicable.

Accountabilities

The position will be measured against accurate and timely submission of cash call, monthly report (soft and hard copies) and quarterly budget follow-up report to ensure that vessel owners and management centers receive prompt replies to queries.

Mandatory requirements

• Degree in accounting and/or finance or equivalent in professional accounting body
• Fresh Graduate are welcome to apply

Additional preferences

• Proficient in MS Office applications, especially MS Excel
• Good command of English
• Work experience involving the use of SAP systems will be an added advantage.

Become a valued member of our team, where every day presents new opportunities for learning and development.

Please note that all positions at Wilhelmsen are subject to reference and ID checks. For certain roles, additional background screening may be required.