Job Description
JOB OBJECTIVE : Handles all accounting records and general ledger of both SMC and assigned vessels according to the accounting rules and standards and owners’ requirements and informs all relevant parts for the financial transactions of vessels.
Key Accountabilities
• Executes all the accounting transactions of the assigned vessels, i.e., invoices, expenses, payments, payroll, etc., updates accordingly all the respective accounting ledgers, in order to assist in the effective monitoring of each vessel financial operation and compliance with the accounting rules and legislation.
• Upon approval, proceeds to the prompt settlement of all accounts / payments of related vessels, so as to support the smooth operation of vessels.
• Produces and upon approval submits periodical financial reports of the assigned vessels to ship owners and reviews vessels actual costs against budgets. Informs the Chief Accountant/ Supervisor, Senior Officer of each assigned vessel, concerning budget variances.
• Issues the invoices for each client according to the contractual agreements and upon approval from his/her supervisor submits them to clients, as well as monitor their timely payment, reporting any potential discrepancies from schedule. Monitors the financial position of assigned vessels and communicates with clients accordingly. Raises intercompany invoices and reconciles the intercompany balance on periodical basis.
• Proceeds to the reconciliation of accounting transactions (or reviews reconciliations produced by GSC), as well as prepares and updates all accounting records and subordinate ledgers of the SMC in accordance with BSM accounting policies, chart of accounts, and related accounting principles and practices.
• Keeps up to date with the changes and revisions in the Ship Management Agreements, crew wage scales and tariff of contracted agents, in order to support their compliance monitoring with the relevant billing and payment activities.
• Assists in the execution of internal and external audits by timely gathering and providing all the required information and data as directed by supervisor, thus contributing towards their proper and accurate conduction, enhancing Company’s’ credibility and corporate image.
Requirements
Education & Qualifications:
• University degree in Finance or Accounting or equivalent
Work Experience
• 3-5 years and above of relevant work experience, ideally in Ship Management
Job-Specific Skills
• Knowledge of automated financial and accounting reporting systems
• Ability to analyse financial data and prepare financial reports, statements and projections.
• Good analytical and conceptual thinking
• Attention to detail
• Good interpersonal and communication skills
• Knowledge of the local/regional maritime market conditions
• Very good people management skills
• Fluency in English
Key Accountabilities
• Executes all the accounting transactions of the assigned vessels, i.e., invoices, expenses, payments, payroll, etc., updates accordingly all the respective accounting ledgers, in order to assist in the effective monitoring of each vessel financial operation and compliance with the accounting rules and legislation.
• Upon approval, proceeds to the prompt settlement of all accounts / payments of related vessels, so as to support the smooth operation of vessels.
• Produces and upon approval submits periodical financial reports of the assigned vessels to ship owners and reviews vessels actual costs against budgets. Informs the Chief Accountant/ Supervisor, Senior Officer of each assigned vessel, concerning budget variances.
• Issues the invoices for each client according to the contractual agreements and upon approval from his/her supervisor submits them to clients, as well as monitor their timely payment, reporting any potential discrepancies from schedule. Monitors the financial position of assigned vessels and communicates with clients accordingly. Raises intercompany invoices and reconciles the intercompany balance on periodical basis.
• Proceeds to the reconciliation of accounting transactions (or reviews reconciliations produced by GSC), as well as prepares and updates all accounting records and subordinate ledgers of the SMC in accordance with BSM accounting policies, chart of accounts, and related accounting principles and practices.
• Keeps up to date with the changes and revisions in the Ship Management Agreements, crew wage scales and tariff of contracted agents, in order to support their compliance monitoring with the relevant billing and payment activities.
• Assists in the execution of internal and external audits by timely gathering and providing all the required information and data as directed by supervisor, thus contributing towards their proper and accurate conduction, enhancing Company’s’ credibility and corporate image.
Requirements
Education & Qualifications:
• University degree in Finance or Accounting or equivalent
Work Experience
• 3-5 years and above of relevant work experience, ideally in Ship Management
Job-Specific Skills
• Knowledge of automated financial and accounting reporting systems
• Ability to analyse financial data and prepare financial reports, statements and projections.
• Good analytical and conceptual thinking
• Attention to detail
• Good interpersonal and communication skills
• Knowledge of the local/regional maritime market conditions
• Very good people management skills
• Fluency in English
💡 Quick Summary
Seeking a career-building opportunity? The Accounts Officer |Vessel position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.