Finance Manager (Marine)

DIRECT SEARCH ASIA PTE. LTD.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading marine services company in Singapore is seeking a Finance Manager to oversee financial operations. Key responsibilities include managing full sets of accounts, preparing financial reports and budgets, and ensuring compliance with regulations. The ideal candidate will have at least 8-12 years of experience in finance within the marine or shipping industry, along with strong analytical and leadership skills. This position offers opportunities for professional development and impactful contributions to business decisions.

Qualifications

• Minimum 8–12 years of relevant finance and accounting experience in marine or shipping.
• Strong experience managing full sets of accounts and financial reporting.
• Good understanding of marine operations and project accounting.

Responsibilities

• Lead finance and accounting functions for the marine business.
• Prepare management accounts, financial reports, and budgets.
• Monitor project costing and ensure compliance with regulations.

Skills

Financial management

Analytical skills

Problem-solving

Stakeholder management

Excel expertise

Education

Bachelor’s degree in Accounting, Finance, or related discipline

Professional qualification (CA, ACCA, CPA, or equivalent)

Tools

ERP systems

Job description

Key Responsibilities

• Lead and manage the full spectrum of finance and accounting functions for the marine business, including full set of accounts, month‑end and year‑end closing.
• Prepare timely and accurate management accounts, financial reports, budgets, forecasts, and cash flow projections.
• Oversee accounts payable, accounts receivable, general ledger, and fixed assets, ensuring strong internal controls and compliance.
• Manage financial reporting for vessel operations, projects, shipyard costs, dry‑docking, and repair & maintenance expenditures.
• Monitor project costing, margin analysis, and cost control for ship management, shipbuilding, offshore, or marine engineering projects.
• Ensure compliance with statutory requirements, accounting standards, tax regulations, and audit requirements.
• Liaise with external auditors, tax agents, banks, insurers, and regulatory bodies.
• Support contract review, billing structures, and revenue recognition in line with marine contracts and charter arrangements.
• Provide financial insights and recommendations to management to support business decisions and operational efficiency.
• Implement and improve finance processes, systems, and reporting to enhance accuracy and efficiency.
• Lead, mentor, and develop the finance team, ensuring high performance and professional standards.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• Professional qualification (CA, ACCA, CPA, or equivalent) preferred.
• Minimum 8‑12 years of relevant finance and accounting experience, preferably within the marine, shipping, offshore, or maritime services industry.
• Strong experience managing full sets of accounts and financial reporting.
• Good understanding of marine operations, vessel costing, project accounting, and industry‑specific financial practices.
• Proficient in accounting and ERP systems; strong Excel skills required.
• Strong analytical, problem‑solving, and financial management skills.
• Excellent communication, stakeholder management, and leadership abilities.
• Able to work independently in a fast‑paced, project‑driven environment.

Preferred

• Experience in ship management, shipbuilding, offshore, or EPC marine environments.
• Exposure to multi‑entity or regional finance management.
• Experience supporting audits, tax planning, and treasury management.