Commercial Vessel Accounts

2 days ago

Marina Bay, Singapore Sumec Ocean Transportation Pte. Ltd Full time

**Location**
Marina Bay Financial Centre

**Job Function**
Accounting & Finance

**Employment Type**
Full Time

**Position Level**
Junior executive

**Education Level**
Diploma

**Min Yrs of Work Experience**
2 Years Of Experience

**Salary Range**
3,500 - 4,000

**Number of Vacancies**
1

**Posted On**
7 hours ago

**Expiring On**
3 months

**Key Responsibilities**
- Prepare hire and freight invoices for Bareboat Charter In, Time Charter In/Out, and Voyage Charter arrangements.
- Liaise with the Finance Department to track and monitor the timely receipt of hire and freight payments.
- Prepare, reconcile, and settle PFHS (Post-Fixture Hire Statement), FHS, and balance freight with vessel owners and charterers.
- Maintain updated hire records and assist in the preparation of Weekly and Monthly Profit & Loss Reports.
- Liaise with port agents to collect and verify estimated Port Disbursement Accounts (PDA).
- Review and approve final PDAs for accuracy and compliance with charter party terms.
- Arrange pre-funding and final settlement of PDA payments in coordination with the Finance team.
- Calculate and settle demurrage and despatch for voyage charter operations in accordance with contract terms.

**Job Requirement**
- Diploma or Degree in Maritime Studies, Shipping, Accounts, or relevant field
- 1-3 years of relevant experience in a dry bulk shipping company, chartering, or commercial operations preferred.
- Basic knowledge of shipping contracts, commercial terms (CPs), and port operations.
- Proficiency in Microsoft Excel; experience with shipping software (e.g., IMOS or Danaos) is a plus.
- Strong attention to detail, numerical accuracy, and analytical thinking.

**About**Sumec Ocean Transportation Pte. Ltd**

Shipowning / Operating

Sumec Ocean Transportation Pte. Ltd. is the core subsidiary of Sumec Group, which is one of the most dynamic and vibrant Chinese state-owned conglomerates. Sumec Ocean Transportation Pte. Ltd. was registered in Singapore, strives to deliver the most efficient and high standard seaborne transportation services to our worldwide clients in the dry bulk market. With specialization in the Kamsarmax and Ultramax segments, we keep growing and currently own a young and modern fleet consisting of 39 ships with 220 million deadweight tonnage.

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