Accountant

NURA SHIPCO MANAGEMENT PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

The Accountant at NURA SHIPCO MANAGEMENT PTE. LTD. will manage the full spectrum of accounting, financial administration, and reporting for five entities within the Nura Group.

They will work closely with the outsourced vessel accounting team and Group Corporate Finance to ensure accurate financial reporting, statutory compliance, budgeting, tax matters, and fixed asset accounting. The role also includes supervising an Accounts Payable Assistant.

Qualifications

• Bachelor's degree in Accountancy or professional finance qualification.
• Minimum 5 years of relevant accounting experience in shipmanagement/maritime.
• Proven experience in full-set accounting, financial reporting, budgeting and tax compliance.

Responsibilities

• Oversee vessel accounting operations including AR, AP, and inter‑company transfers with outsourced vessel accounting team.
• Prepare monthly vessel management accounts and coordinate annual budgeting/forecasting with stakeholders.
• Maintain Group accounting records (GL, AR, AP, bank reconciliations) using Xero and/or MariApps.
• Support consolidation, month-end close, and preparation of annual financial statements.
• Liaise with external auditors; address audit findings and ensure statutory compliance.
• Coordinate GST submissions and corporate tax matters with tax agents and regulatory bodies.
• Establish and maintain strong internal controls and drive process improvements within the finance function.

Education

Bachelor's degree in Accountancy

Job description

Job Position Summary

The Accountant is responsible for the full spectrum of accounting, financial administration, and reporting activities for five entities within the Nura Group. Working closely with the outsourced vessel accounting team and Group Corporate Finance team to ensure accurate and timely financial reporting, statutory compliance, budgeting, tax matters, and fixed asset accounting. The incumbent will manage full sets of accounts, support vessel and owner accounting requirements, and supervise an Accounts Payable Assistant to support the efficient operation of the finance function.

Key Roles and Responsibilities

A. VESSEL ACCOUNTING

Vessel Accounting Operations

• Oversee vessel accounting operations, including Accounts Receivable, Accounts Payable, and inter-company fund transfers, incoordination with the outsourced vessel accounting team.
• Review vessel accounting reports, including portage bill accounting, and respond to vessel owners' queries in a timely manner.
• Raise fund requests to vessel owners, monitor receipts, and reconcile vessel and inter-company balances.
• Maintain fixed asset records for vessel capital expenditure and dry-docking projects.

Vessel Reporting, Budgeting & Forecasting

• Prepare and review monthly vessel management accounts, including analysis of vessel operating expenses and management costs.
• Co-ordinate the annual vessel budgeting and periodic forecasting exercises with relevant stakeholders.
• Review budget and forecast submissions to ensure completeness, accuracy, and compliance with established guidelines and timelines.

B. CORPORATE ACCOUNTING

Financial Accounting & Reporting

• Maintain complete and accurate accounting records for the Group's entities, including Accounts Receivable, Accounts Payable, General Ledger, and bank reconciliation, within Xero and/or MariApps.
• Prepare and review monthly management accounts and support the month-end closing process.
• Support the consolidation of financial results and financial position across the Group's entities for management and reporting purposes.
• Prepare annual financial statements and supporting schedules.
• Prepare weekly cash flow and payment forecasts.
• Support Group reporting requirements and perform ad hoc tasks as required.

Audit & Compliance

• Liaise with external auditors and provide required documentation and explanations during statutory audits.
• Follow up on audit findings and ensure timely resolution of audit matters.
• Ensure compliance with applicable accounting standards, internal policies, and statutory requirements.

Tax & Regulatory Matters

• Prepare and coordinate GST submissions and other statutory returns as required.
• Liaise with tax agents on corporate tax compliance matters and respond to related queries.
• Support Maritime and Port Authority (MPA), AIS, and other regulatory reporting requirements.

Systems, Processes &Internal Controls

• Serve as the finance point of contact for accounting system and ERP-related matters, queries, and issues.
• Maintain effective financial controls and accounting processes.
• Identify and implement process improvements to enhance operational efficiency.
• Participate in system implementation and process improvement initiatives.

Qualifications & Experienced Required

• Degree in Accountancy / Professional Degree in Finance/Accountancy
• Minimum 5 years of relevant accounting experience, preferably within the shipmanagement, vessel owner, or maritime industry.
• Proven experience in handling full sets of accounts, including financial reporting, budgeting, tax compliance, and fixed asset accounting.