Finance Manager (Ship Owner)

DIRECT SEARCH ASIA PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A marine finance firm in Singapore is seeking a Finance Manager to lead and manage accounting functions for their marine business. The successful candidate will prepare management accounts, oversee financial reporting, and ensure compliance with regulations. Candidates should have at least 8-12 years of relevant experience, a Bachelor's degree in Accounting or Finance, and strong leadership abilities. Proficiency in ERP systems and Excel is essential. This role offers competitive compensation and the opportunity to shape finance strategy.

Qualifications

• Minimum 8-12 years of relevant finance and accounting experience, preferably within the marine, shipping, or maritime services industry.
• Strong experience managing full sets of accounts and financial reporting.
• Good understanding of marine operations and project accounting.

Responsibilities

• Lead and manage finance and accounting functions for marine business.
• Prepare management accounts, financial reports, budgets, and cash flow projections.
• Ensure compliance with statutory requirements and accounting standards.

Skills

Strong analytical skills

Financial management

Excellent communication

Leadership abilities

Problem-solving

Education

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

Professional qualification (CA, ACCA, CPA)

Tools

ERP systems

Excel

Job description

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.
• 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 owner environment.
• Exposure to multi-entity or regional finance management.
• Experience supporting audits, tax planning, and treasury management.