Shipping Accountant

Javelin Group; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A global commodities trading firm in Singapore is seeking a skilled Freight Accountant to manage accounting for a newly incorporated freight shipping entity. Responsibilities include managing freight-related transactions, monthly closing activities, and supporting audits. The ideal candidate has a bachelor's degree in accounting and is a qualified chartered accountant with at least 5 years of experience in finance, specifically within the freight industry. The position offers private health insurance and a discretionary annual bonus.

Benefits

Private Health Insurance

Discretionary Annual Bonus Scheme

Income Protection

Life Insurance

Qualifications

• Minimum of 5 years of experience in accounting or finance, with at least 2 years in a freight related industry.
• Experience with lease accounting (preferably IFRS 16 or equivalent).
• Experience operating within a Singaporean Maritime Sector Incentive (MSI-ASIS) awarded entity.

Responsibilities

• Manage and monitor accounting transactions related to ocean freight shipments.
• Perform monthly closing activities including reconciliation of freight revenue and cost accounts.
• Prepare freight margin analysis and cost allocation reports for management.

Skills

Accounting expertise

Strong team collaboration

Communication skills

Knowledge of ocean freight documentation

Education

Bachelor's degree in accounting, Finance or related field

Qualified chartered accountant (ACA, ACCA or equivalent)

Tools

VESON IMOS software

Job description

About Javelin

Javelin Global Commodities is a leading global commodities marketing, trading, logistics services and investment firm with head offices in London and wider global offices in New York, Dallas, San Diego, St Louis, Canada, Switzerland, Poland, Dubai, India, Singapore, China and Australia. Javelin was founded in 2015 and now operates across 100 countries and six continents with respect to more than 20 different commodities across thermal coal, metallurgical coal, iron ore, steel scrap, metals, hydrocarbons, freight, softs, and renewables.

Established in 2015, Javelin employs over 200 people and is a unique place to grow your career. We take pride in our values, global reach, meritocratic culture and strong work ethic. Our success over the years has been built on our guiding principles of customer service, creativity, transparency, integrity, and responsibility.

Whilst our footprint grows, we still foster a small-company atmosphere. We have a flat company structure and encourage collaboration across all seniority levels, teams and locations to generate the best ideas. Javelin has a dedicated strategy to support local and meaningful charities through volunteer days, donation matching, a ‘give as you earn’ scheme and other fundraising activities. We are committed to the wellbeing of our colleagues and organise various social evenings, sports clubs and lunchtime activities. Our London office has on-site gym facilities and a golf/sports simulator. Discover more at http://www.javelincommodities.com/.

The role

This is an exciting opportunity to join our growing business within Javelin’s Accounting team reporting into the Head of Accounting. This is a team of ten employees who form part of the wider Finance department that includes Tax, Risk and Trade Finance, all reporting into the CRO and CFO. The Freight Accountant is responsible for the accounting of a newly incorporated freight shipping entity which has been awarded the Singaporean Maritime Sector Incentive (“MSI-ASIS”).

Responsibilities include (but are not limited to):

• Manage and monitor accounting transactions related to ocean freight shipments including freight charges, lease depreciation and accretion, and other ancillary costs.
• Perform monthly closing activities including reconciliation of freight revenue and cost accounts.
• Work closely with operations and commercial teams to ensure correct revenue recognition.
• Prepare freight margin analysis and cost allocation reports for management.
• Maintain and ensure accuracy in financial records, ledgers, and accounting systems in compliance with local accounting and tax regulations.
• Support audits by preparing schedules and responding to audit queries.
• Implement process improvements to enhance accuracy and efficiency in financial reporting.
• Preparation of standard and ad hoc financial reports and analysis for senior executives, stakeholders and board members to inform and aid decision making.
• Act as a subject matter expert, providing technical assistance and ensuring the accounting aligns with business processes and controls.

• Bachelor’s degree in accounting, Finance or related field,
• Qualified (ACA, ACCA or equivalent) chartered accountant,
• Experience with VESON IMOS software is desirable,
• Minimum of 5 years of experience in accounting or finance, with at least 2 years in a freight related industry,
• Experience with lease accounting (preferably IFRS 16 or equivalent),
• Experience operating within a Singaporean Maritime Sector Incentive (“MSI-ASIS”) awarded entity,
• Strong understanding of ocean freight documentation (e.g Bill of Lading, freight invoices),
• Excellent team player who demonstrates a collaborative approach,
• Excellent communication skills and ability to liaise with cross-functional teams and external vendors.

• Private Health Insurance
• Discretionary Annual Bonus Scheme
• Income Protection
• Life Insurance