Accounting Specialist for Shipping

Overview Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines. We leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 18,000 people globally. Job Description Brief This position performs mid-level vessel execution related functions for the Global Freight Platform’s time & voyage chartered vessel fleet transporting both agricultural and mineral cargoes for an international commodity trading firm. Main responsibilities Review contracts issued by trading versus IMOS; if any discrepancies, work with trading to rectify Ensure all counterparts are entered and updated in MDM/Treasury system for timely arrangement of hire payments Review and post invoices for freight promptly upon completion of loading of cargoes for both LDC and third parties. Forward invoices to charterers and follow up for receipt of timely remittance Interact and coordinate on a daily basis with members of the operations and trading team on any issues arising, especially on collections Ensure cash is applied correctly Update the daily cash log for wire transfers used and cash receipts. Code cash receipts with counterparty information for postings by Sofia Shared Service Center Process disbursement account advances requested by vessel operators Review, reconcile, and record vessel disbursement accounts. Re-bill vessel/voyages related owner/charterer items as needed and facilitate timely settlement with port agents Perform monthly reconciliation and settlement with Agents Receive, reconcile, and settle invoices for broker commission with IMOS data. Settle with brokers in a timely manner following freight group policies Search in IMOS for bunker invoices and miscellaneous invoices with settlements pending and create timely wire transfer requests for settlement with counterparties Obtain and process bunker invoices within contract terms by reviewing and updating in IMOS; if discrepancies arise, verify/correct with bunker desk or operations Review and post periodic hire statements for sub-time chartered vessels, including performance claims, off-hires, interim/final hold cleaning, cables/victuals/representation, owner items, etc. Forward invoices to charterers and follow up for receipt of timely remittances Post agreed laytime statements for settlement with third parties and intercompany entities. Forward invoices as email attachments, follow up for remittance or settle with counterpart as necessary Review accounts receivable and vendor aging reports daily, paying close attention to collection of funds due and following up promptly as required Maintain electronic execution voyage files and supports for assigned vessels on the Freight sharepoint site Review email correspondence from Wilton, Singapore, and Sofia operations, port agents, brokers, vessel owners and vessel charterers to facilitate smooth, timely and accurate executions Use IMOS to search for time charter hire pending; review operator’s calculations and settle within the contractual billing cycle. Enter remittances into IMOS Vessel Accounting System Maintain a high-volume email database electronically organized for fast, efficient document review, retrieval and action Close vessel files timely within a 90-day window of redelivery, settling all aspects of the voyage and any/all outstanding hire Assist in providing documentation to the reporting division to support annual audit across the entire platform Experience Three (plus) years of accounting experience, including reconciliation of general ledger accounts, invoicing, collections, and working with general ledger/vertical systems Experience working within a commodity trading environment is an advantage Skills Strong attention to detail, including precise accuracy of data entry Detailed follow-through abilities and strong documentation skills Ability to work independently, effectively prioritize multiple tasks and meet multiple deadlines Excellent verbal and written communication skills Proficiency with MS Word, Excel and accounting general ledger software Education Bachelor’s degree in Accounting, Finance, Management, or Economics Years of work experience 3-5 years Additional Information Diversity & Inclusion LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion. LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply. Sustainability Sustainable value is at the heart of our purpose as a company. We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us What We Offer We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world. Our Benefits 25 annual paid leave Additional medical & dental insurance Life insurance Sports card with 90/10 coverage Various learning & development opportunities Yearly performance evaluation plans Team buildings & social events Employee Referral Program #J-18808-Ljbffr