Freight Financial Analyst

2 days ago


Singapore beBeeAccountant Full time
Job Overview

Our company seeks a skilled Freight Accountant to join our growing Accounting team. This is an exciting opportunity to work with our experienced professionals and contribute to the success of our organization.

The ideal candidate will have a strong background in accounting, finance, and freight management. They will be responsible for managing accounting transactions related to ocean freight shipments, performing monthly closing activities, and working closely with operations and commercial teams to ensure correct revenue recognition.

Responsibilities:
  • 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.
Requirements:
  • 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.
Benefits:
  • Private Health Insurance.
  • Discretionary Annual Bonus Scheme.
  • Income Protection.
  • Life Insurance.

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