project accountant

HSM MARINE ENGINEERING PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A marine engineering firm in Singapore is seeking an experienced accountant to manage daily transactions for ship repair projects. The role involves preparing invoices, tracking budgets, and ensuring compliance with maritime regulations. The successful candidate will also assist with payroll and liaise with auditors. Ideal applicants should have a strong background in accounting and a knowledge of shipyard operations.

Responsibilities

• Manage daily accounting transactions for ship repair projects.
• Prepare and process invoices for various stakeholders.
• Track project-specific budgets and monitor cost allocations.
• Coordinate with yard operations and project managers for accurate costing.
• Maintain accounts receivable and payable ledgers.
• Reconcile bank statements and support financial closing processes.
• Generate financial statements and management reports.
• Ensure compliance with policies and local tax laws.
• Assist with cost estimation and inventory tracking.
• Liaise with external auditors for process improvements.

Job description

Responsibilities

• Manage daily accounting transactions for ship repair projects, including labor, materials, and subcontractor costs.
• Prepare, verify, and process invoices for shipowners, agents, vendors, and repair subcontractors.
• Track project-specific budgets, monitor cost allocations, and report variances for repair jobs.
• Coordinate with yard operations, procurement, and project managers to ensure accurate job costing and documentation.
• Maintain accounts receivable and accounts payable ledgers for ongoing and completed repair work.
• Reconcile bank statements and support month-end and year-end closing processes.
• Generate financial statements, repair job summaries, and management reports required for audits or client review.
• Ensure compliance with company policies, maritime regulations, and local tax laws in accounting practices.
• Assist with cost estimation, payroll, inventory tracking, and ad hoc tasks related to shipyard operations.
• Liaise with external auditors and contribute to continuous process improvement within the ship repair business.