Vessel Controller

Thome Ship Management Pte Ltd; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

Thome Ship Management Pte Ltd in Singapore seeks an experienced vessel accounting professional to lead financial reporting, variance analysis, and working capital management for assigned fleets.

You will coordinate with technical and operations teams, provide insights on budgeting and forecasting, and drive process improvements. Strong communication with customers and teams is essential; proficiency in SAP/Oracle or maritime ERP, Excel and modelling is required.

Qualifications

• Bachelor’s degree in Accounting, Finance or related field; CPA/ACCA or equivalent preferred.
• Minimum 5+ years in vessel accounting with supervision/financial control experience.
• Strong grasp of ship management financial reporting and working capital management.
• Proven ability to analyse financial data, identify variances, and recommend actions.
• Excellent liaison with customers, technical, and operations teams; multitask capable.
• Experience with SAP/Oracle or maritime ERP systems, Excel and modelling.

Responsibilities

• Prepare and submit financial reporting for assigned fleet/customers, ensuring accuracy and timeliness.
• Review actual vs. budget performance; identify overspending and improvement opportunities.
• Make accruals based on trend analysis, prepayments, and supporting systems.
• Provide financial insights to Technical & Operations teams and ensure report completion.
• Lead monthly financial meetings with Technical and Operations teams.
• Ensure comments are included in financial reports before sharing with customers.
• Follow up on customer queries regarding reports and variances; meet budgeting needs.
• Monitor funding and working capital; send reminders for outstanding payments.
• Oversee budgeting, forecasting and financial planning for vessels/customers.
• Train and guide vessel accountants; drive process improvements for accuracy.

Skills

Financial analysis

Variance analysis

Ship management finance

Working capital management

Customer liaison

Excel

Financial modelling

SAP

Oracle

Maritime ERP

Education

Bachelor’s degree in Accounting/Finance

CPA/ACCA or equivalent

Tools

SAP

Oracle

Maritime ERP

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.