Vessel Controller

Thome Ship Management Pte Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company in ship management is seeking a Financial Accountant to handle financial reporting, budgeting, and liaise with various teams. The ideal candidate will have strong vessel accounting experience, analytical skills, and a proactive approach to resolving financial issues. This position offers opportunities for process improvement and team training within a dynamic environment.

Qualifications

• 5+ years of experience in vessel accounting, with at least 2 years in a supervisory role.
• Strong understanding of ship management financial reporting.
• Ability to analyse financial data and provide strategic recommendations.

Responsibilities

• Prepare financial reporting for assigned fleets, ensuring accuracy.
• Conduct monthly meetings with technical and operations teams.
• Oversee budgeting and forecasting for assigned vessels.

Skills

Financial Analysis

Budgeting

Variance Analysis

Customer Liaison

Process Improvement

Education

Bachelor’s degree in Accounting or Finance

CPA or ACCA certification

Tools

SAP

Oracle

Excel

Job description

Roles & responsibilities:

1. Financial Reporting & Variance Analysis:

• Prepare and submit financial reporting for assigned fleet/customers, ensuring accuracy and timeliness.

• Review actual vs. budget performance, identifying overspending and improvement areas.

• Make accruals for missing costs based on trend analysis, prepayments, and supporting systems (e.g., Eye-share).

2. Liaison & Coordination with Technical & Operations Teams:

• Provide relevant financial insights to the technical team and ensure financial report completion.

• Conduct monthly financial meetings with Technical and Operations teams to review vessel performance.

• Ensure that financial reports include proper comments before being shared with external customers.

3. Customer Interaction & Support:

• Follow up and respond to customer queries regarding financial reports and budget variances.

• Ensure that customer financial requirements (budgeting, forecasting, reporting) are met in a timely manner.

4. Fund Management & Working Capital Monitoring:

• Ensure sufficient funding is requested and follow up on collections.

• Send first reminders for outstanding funding payments.

• Monitor working capital levels, requesting additional funding when necessary.

5. Budgeting & Forecasting:

• Prepare and oversee budgeting, forecasting, and financial planning for assigned vessels/customers.

6. Team Training & Process Improvement:

• Provide training and feedback to vessel accountants, ensuring compliance with OSM Thome standards.

• Identify and implement process improvements to enhance efficiency and accuracy in vessel accounting.

Qualifications & experiences:

• Bachelor’s degree in Accounting, Finance, or a related field; CPA, ACCA, or equivalent certification preferred.

• 5+ years of experience in vessel accounting, with at least 2 years in a supervisory or financial control role.

• Strong understanding of ship management financial reporting, working capital management, and customer financial requirements.

• Strong ability to analyse financial data, identify variances, and make strategic recommendations.

• Ability to liaise effectively with customers, technical teams, and operations teams.

• Proactive approach to resolving financial issues and optimizing vessel performance.

• Ability to manage multiple reporting deadlines and priorities.

• Experience with financial software (SAP, Oracle, or maritime ERP systems), Excel, and financial modelling.

• Ability to train and guide vessel accountants to maintain high reporting standards.