Accountant (Commercial / Shipping)

Focal Search Pte Ltd; Singapore; On-site; SGD 36,000 - 60,000; Full time

Job summary

A recruitment agency is seeking an Accountant (Commercial / Shipping) in Singapore. The role involves managing hire payments, reviewing invoices, and coordinating with operations teams. Candidates should have a Polytechnic/Diploma in accountancy or equivalent, with attention to detail and the ability to prioritize tasks. Fresh graduates are encouraged to apply for this opportunity that offers foundational experience in the accounting field.

Qualifications

• 1 - 3 years related experience is preferred.
• Fresh graduates are welcome to apply.
• Strong practical accounting knowledge and skills.
• MS Word, Excel proficiency and ability to prioritize multiple tasks

Responsibilities

• Ensure timely arrangement of hire payments.
• Review and post invoices for freight.
• Interact with operations and trading teams on collections.
• Ensure cash is applied and daily cash log is updated
• Process disbursement and voyage-related invoices and settlements

Skills

Attention to detail

Data entry accuracy

Communication skills

Ability to prioritize

Attention to detail

Communication skills

Education

Polytechnic / Diploma in accountancy or equivalent

LCCI diploma in accounting

Tools

MS Word

Excel

IMOS accounting software

Job description

About the job Accountant (Commercial / Shipping)

Main Responsibilities

• Ensure all counterparts are entered and updated in system for timely arrangement of hire payments
• Review and post invoices for freight promptly upon completion of loading of cargoes. Forward invoices to charterers and follows up for receipt of timely remittance
• Interact and coordinate on a daily basis with members of the operations and trading team on any issues arising especially on collections
• Ensure cash is applied correctly
• Update the daily cash log for wire transfers used and cash receipts. Code cash receipts with counterparty information for postings
• Process disbursement account advances requested by vessel operators
• Review, reconcile, and record vessel disbursement accounts. Re-bills vessel/voyages related owner/charterer items as needed and facilitates timely settlement with port agents
• Receive, reconcile, and settle invoices for broker commission. Settles same with brokers on a timely basis following freight group policies
• Handle bunker invoices and miscellaneous invoices with settlements pending and create timely wire transfer request for settlement with counterparties.
• Review and post periodic hire statements for sub-time-chartered vessels, which may include performance claims, off-hires, interim/final hold cleaning, cables/victuals/representation, owner items, etc. Forwards invoices to charterers and follows up for receipt of timely remittances
• Review accounts receivable and vendor aging reports daily, paying close attention to the collection of funds due and following up promptly as required
• Close vessel files timely within 90-day window of redelivery settling all aspects of the voyage and any/all outstanding hire
• Assist to provide documentation to the reporting division to support annual audit across the entire platform

Requirements

• Polytechnic /Diploma in accountancy or LCCI diploma in accountancy or equivalent
• 1 - 3 years related experience is preferred· Proficiency with MS Word, Excel, IMOS accounting software preferred
• Fresh graduates are welcome to apply
• Strong practical accounting knowledge and skills
• Strong attention to detail, including precise accuracy of data entry
• Detailed follow-through abilities and strong documentation skills
• Ability to work independently, effectively prioritize multiple tasks and meet multiple deadlines
• Excellent verbal and written communication skills