Marine Accountant

PERSOL SINGAPORE PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

PERSOL SINGAPORE PTE. LTD.

is seeking an experienced shipping industry accounting professional to manage month-end close for assigned vessels and support annual budgets. You will reconcile ledgers, prepare financial statements, maintain master data, handle supplier invoices, intercompany recharges, and ensure compliance with maritime regulations and local requirements while collaborating with chartering, operations, and technical teams.

Qualifications

• Diploma or 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 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

Analytical skills

Attention to detail

Interpersonal communication

Multitasking

Maritime accounting knowledge

Education

Diploma or Bachelor's in Accounting

CPA/ACCA/CA certification

Tools

MS Excel

VLOOKUPs

Pivot Tables

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

• Diploma or 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