Fleet Accountant

4 days ago

Singapore IMC SHIP MANAGEMENT PTE. LTD. Full time
Roles & Responsibilities

About us

IMC Ship Management is a leading integrated maritime solutions provider, specializing in ship management, crewing, technical services, and maritime innovations. As a core subsidiary of the IMC Industrial Group, we are committed to operational excellence, sustainability, and enhancing the value of our clients’ maritime assets.


With a strong focus on safety, efficiency, and innovation, we operate a diverse fleet and work closely with global partners to deliver customized shipping solutions that meet the highest industry standards. At IMC, we foster a culture of collaboration, continuous learning, and innovation to meet the evolving demands of the global shipping industry.


About the Role

  • The Fleet Accountant’s role is part of the accounting services provided to the vessel owners.
  • The role manages vessel financial records, crew payroll, budgets, and funding requests, ensuring compliance and accuracy in all vessel-related financial matters.
  • Role is responsible for monthly reporting to owners, all vessels funding position and overall coordinator for vessel reporting


Responsibilities


1) Financial Record, Keeping & Reporting

  • Maintain an accurate and complete set of accounts for assigned vessels, adhering to the international financial reporting standards or other standard or such other standard based on owner jurisdiction.
  • Prepare vessel reports, including ad-hoc reports upon request from vessel owners, ensuring accuracy and compliance with the relevant standards.
  • Validate all expense with supporting documents and owner prior approval is obtained for unbudgeted cost.
  • Facilitate inspection and audits of financial records by vessel owners or their representatives, ensuring transparency and compliance.
  • Handle portage bill accounting


2) Crew Payroll

  • Managing payroll for crew members ensuring accurate and timely payment of crew wages etc.
  • Liaison with crew members and overseas manning offices to ensure the crew data accuracy in term of sign on/off date, payroll details with correct supporting documents, verification of wages with approved wage scale.
  • Handle monthly allotment, ad-hoc allotment and balance of wages settlement


3) Budget Settlement

  • Ensure timely fund requests to vessel owners as per Ship Management Agreements
  • Timely reconciliation on the vessel running cost, unbudgeted and owner cost to avoid funding delays.
  • Coordinate with the Account Payable team to allocate funds appropriately for their intended purposes.


4) Budget Management

  • Ensure timely fund requests to vessel owners as per Ship Management Agreements
  • Timely reconciliation on the vessel running cost, unbudgeted and owner cost to avoid funding delays.
  • Coordinate with the Account Payable team to allocate funds appropriately for their intended purposes.


5) Communication and Collaboration

  • Collaborate effectively with technical, operations, crew, and procurement departments to communicate vessel financial matters to vessel owners.
  • Work closely with crew and procurement departments to ensure to ensure timely and accurate accounting of all commitments.


Job Experience / Skills

  • Minimum 3 years of experience in accounting with at least 1 year in Ship Management industry
  • Good analytical skills and financial sense to evaluate the financial impact on different actions.
  • Able to understand accounting processes and management requirement.
  • Possess strong excel skill in analysing data and report preparation
  • Oracle ERP accounting system & Smart Pal knowledge


Other Qualifications / Soft Skills

  • Meticulous, able to prioritize the job and drive to deliver results promptly with minimum supervision and guidance.
  • Good interpersonal skills to work closely with operational team.
  • Able to multi-task and to adapt in a fast-paced changing environment.
  • At least a Diploma in Finance or Accounting / Professional Qualification in Finance or Accounting.

Tell employers what skills you have

Account Management
Budgets
Accounts Payable
Operational Excellence
Oracle
Budget Management
Technical Operations
ERP
Transparency
Payroll
Technical Services
Accounting System
SAP
Accounting
Compliance
Financial Statements
Financial Reporting

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