Accounts Officer - Vessel Accounts Executive (Ship Management)

EO OFFSHORE SERVICES SINGAPORE PTE. LTD.; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A maritime services firm in Singapore is looking for an experienced Accounts Officer - Vessel Accounts Executive. This role involves managing accounts payable and receivable, preparing financial reports, and overseeing vessel disbursements. Ideal candidates have at least 3 years in vessel accounting and strong Excel skills. Join a dynamic team and contribute to improving financial operations within a fast-paced environment.

Qualifications

• Minimum 3 years of relevant experience in vessel accounting.
• Strong proficiency in Microsoft Office Suite.
• Detailed oriented and able to work in a fast-paced environment.

Responsibilities

• Oversee the Accounts Payable process and resolve complex issues.
• Prepare Year-End Accruals and facilitate audits.
• Assist vessel owners by addressing their queries.

Skills

Accounts Payable management

Accounts Receivable management

Advanced Excel skills

Vessel accounting knowledge

Communication skills

Tools

Vessel accounting software

Job description

Job Position: Accounts Officer - Vessel Accounts Executive (Ship Management)

Key Responsibilities but not limited to the followings:

Accounts Payable (AP) / Accounts Receivable (AR):

• Oversee the Accounts Payable process, ensuring timely and accurate invoice processing while resolving any complex issues that arise.
• Prepare Year-End Accruals and Audit Schedules to facilitate smooth year-end financial reviews and audits.
• Prepare and process corporate invoices within the system.
• Manage the closing of prepayments in the accounting system, ensuring proper accounting treatment.
• Execute Month-End Close activities, including bank reconciliations, posting journal entries (JVs), accruals, and other necessary adjustments.
• Perform ad-hoc duties as assigned by the Finance Manager to support ongoing financial operations.

Vessel Accounting:

• Assist to prepare the Monthly Vessel Owners Report, Fund Requests, and Variance Reports to provide detailed financial insights.
• Assist vessel owners by addressing their queries and concerns in a timely manner.
• Assist to handle vessel owners requirements and ensure challenges are met accurately.
• Assist to calculate monthly vessel associated costs.
• Support the implementation of new accounting software to improve financial operations.
• Oversee vessel disbursements and manage intercompany reconciliations.
• Prepare Quarterly GST reports for accurate tax compliance.
• Ensure Month-End Closing procedures are completed accurately and timely.
• Assist in the implementation of systems and initiatives to minimize manual processing and increase operational efficiency.

Requirements

• Minimum 3 years of relevant experience in vessel accounting.
• Preferably in Ship Management.
• Strong proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) with advanced Excel skills, including data analysis, financial modeling, and reporting.
• Experience with vessel accounting software is a plus
• Detailed oriented and able to work in fast paced environment with deadlines and goals
• Good written and interpersonal communication skills
• Committed and meticulous individual with great team bonding skills
• Proactive communicator
• Office location: Bugis