Accountant (Marine) (ID: 708092)

PERSOL SINGAPORE PTE. LTD.; Singapore; On-site; SGD 72,000 - 108,000; Full time

Job summary

PERSOL SINGAPORE PTE. LTD. seeks a qualified maritime accounting professional to manage month-end close for assigned vessels, reconcile ledgers, and prepare financial statements.

You will maintain the chart of accounts, support vessel cashflow budgeting with cross-functional teams, and ensure compliance with international maritime regulations.

The role requires a Bachelor’s in Accounting, 3–5 years of shipping accounting experience, strong Excel skills, and proven analytical ability.

Qualifications

• Bachelor’s degree in Accounting.
• Professional certifications (e.g., CPA, ACCA, CA) are highly advantageous.
• Minimum of 3–5 years of accounting experience, preferably in the shipping or maritime industry.
• Strong experience in marine accounting and familiarity with relevant accounting software are highly advantageous.
• Advanced proficiency in MS Excel, including skills in VLOOKUPs and Pivot Tables.
• Good understanding of maritime accounting principles, including charter hires, ship OPEX, and voyage accounting.
• Strong analytical and problem-solving skills with exceptional attention to detail.
• Excellent interpersonal and communication skills to effectively collaborate with cross-functional technical and operational teams.
• Ability to manage multiple priorities efficiently.

Responsibilities

• Manage the timely and accurate month-end closing of accounts for assigned vessels.
• Monitor and reconcile general ledger accounts, ensuring all vessel-related expenses, accruals, and prepayments are accurately recorded.
• Prepare comprehensive financial statements and schedules for each vessel.
• Establish and maintain the chart of accounts and manage financial master data in the relevant accounting systems.
• Collaborate with chartering, operations, and technical managers to formulate annual operating cashflow budgets for each vessel.
• Conduct variance analysis by reviewing and explaining significant deviations between actual expenditures and budgeted forecasts monthly.
• Monitor vessel cash flows to ensure sufficient liquidity for operational costs.
• Track and account for charter hire, voyage revenue, and related expenses.
• Review, verify, and process supplier invoices, ensuring correct cost allocation to specific vessels.
• Manage intercompany transactions and recharges related to vessels.
• Oversee billing of management fees and commissions to vessels.
• Monitor and update incoming payments from charterers to ensure accurate and timely entries in the accounting systems.
• Ensure compliance with international maritime financial regulations and local statutory requirements.
• Perform various office-related administrative duties as assigned.

Skills

Marine accounting

Excel expertise

Analytical skills

Communication

Attention to detail

Multitasking

Education

Bachelor’s degree in Accounting

Professional certifications (CPA/ACCA/CA) advantageous

Tools

Accounting software

Job description

Responsibilities:

• Manage the timely and accurate month-end closing of accounts for assigned vessels.

• Monitor and reconcile general ledger accounts, ensuring all vessel-related expenses, accruals, and prepayments are accurately recorded.

• Prepare comprehensive financial statements and schedules for each vessel.

• Establish and maintain the chart of accounts and manage financial master data in the relevant accounting systems.

• Collaborate with chartering, operations, and technical managers to formulate annual operating cashflow budgets for each vessel.

• Conduct variance analysis by reviewing and explaining significant deviations between actual expenditures and budgeted forecasts monthly.

• Monitor vessel cash flows to ensure sufficient liquidity for operational costs.

• Track and account for charter hire, voyage revenue, and related expenses.

• Review, verify, and process supplier invoices, ensuring correct cost allocation to specific vessels.

• Manage intercompany transactions and recharges related to vessels.

• Oversee billing of management fees and commissions to vessels.

• Monitor and update incoming payments from charterers to ensure accurate and timely entries in the accounting systems.

• Ensure compliance with international maritime financial regulations and local statutory requirements.

• Perform various office-related administrative duties as assigned.

Requirements:

• Bachelor’s degree in Accounting.

• Professional certifications (e.g., CPA, ACCA, CA) are highly advantageous.

• Minimum of 3–5 years of accounting experience, preferably in the shipping or maritime industry.

• Strong experience in marine accounting and familiarity with relevant accounting software are highly advantageous.

• Advanced proficiency in MS Excel, including skills in VLOOKUPs and Pivot Tables.

• Good understanding of maritime accounting principles, including charter hires, ship OPEX, and voyage accounting.

• Strong analytical and problem-solving skills with exceptional attention to detail.

• Excellent interpersonal and communication skills to effectively collaborate with cross-functional technical and operational teams.

• Ability to manage multiple priorities efficiently.