Vessel Accountant

OSM SHIP MANAGEMENT PTE. LTD.; Manila; On-site; PHP 391,000 - 781,000; Full time

Job summary

OSM Ship Management PTE. LTD. is seeking a Vessel Accountant to handle financial transactions, reconciliations, and reporting for assigned vessels.

You will ensure compliance with policies and international standards while coordinating with internal stakeholders. The role requires a Bachelor’s degree in Accounting or Finance and 2–5 years of maritime accounting experience. You will prepare monthly reports, perform variance analysis, manage accruals, and liaise with vessel owners and suppliers to

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 2–5 years of experience in accounting, preferably maritime or ship management.
• Strong understanding of financial reporting, reconciliations, accruals, and international accounting standards
• Ability to analyze financial data and resolve discrepancies
• Precision in financial transactions, reporting and reconciliations
• Ability to liaise with internal teams, vessel owners, and suppliers
• Ability to meet deadlines for reporting and reconciliations
• Experience with accounting software, Excel, and financial reporting tools

Responsibilities

• Record, summarize, and evaluate financial transactions in compliance with accounting standards.
• Ensure transactions are properly documented, classified, and reported.
• Prepare monthly financial reports with relevant commentary on variances.
• Perform actual vs. budget analysis, identifying discrepancies and making necessary accruals based on trends.
• Reconcile bank accounts and all balance sheet accounts, ensuring timely resolution of open balances.
• Identify discrepancies and work with relevant teams to settle outstanding amounts.
• Import, review, and control the PO list to ensure financial accuracy.
• Follow up and ensure debit amounts are collected on time.
• Prepare and submit monthly fund requests to ensure sufficient funding for vessel operations.
• Ensure all financial activities adhere to company policies and international accounting standards

Skills

Financial reporting

Reconciliations

Accruals

IFRS knowledge

Budgeting analysis

Excel skills

Vendor liaison

Education

Bachelor's degree in Accounting/Finance

Tools

Accounting software

ERP software

Job description

About the role

The Vessel Accountant is responsible for handling the financial transactions, reconciliations, and reporting for assigned vessels within OSM Thome. This role ensures compliance with financial policies, prepares accurate financial reports, and coordinates with internal stakeholders.

Key responsibilities

• Record, summarize, and evaluate financial transactions, including accruals, in compliance with accounting standards
• Ensure transactions are properly documented, classified, and reported
• Prepare monthly financial reports with relevant commentary on variances
• Perform actual vs. budget analysis, identifying discrepancies and making necessary accruals based on trends, prepayments, and supporting systems
• Reconcile bank accounts and all balance sheet accounts, ensuring timely resolution of open balances
• Identify discrepancies and work with relevant teams to settle outstanding amounts
• Import, review, and control the purchase order (PO) list to ensure financial accuracy
• Follow up and ensure debit amounts are collected on time
• Prepare and submit monthly fund requests to ensure sufficient funding for vessel operations
• Ensure all financial activities adhere to company policies and international accounting standards

Qualification & Experience

• Bachelor's degree in Accounting, Finance, or a related field
• 2–5 years of experience in accounting, preferably within the maritime or ship management industry
• Strong understanding of financial reporting, reconciliations, accruals, and international accounting standards
• Ability to analyze financial data, identify trends, and resolve discrepancies
• Precision in financial transactions, reporting, and reconciliations
• Ability to effectively liaise with internal teams, vessel owners, and suppliers
• Ability to meet deadlines for reporting, reconciliations, and financial transactions
• Experience with accounting software, Excel, and financial reporting tools