Senior Accounts Executive/Accounts Executive

Key Responsibilities:

• Prepare full set of accounts
• Prepare voyage statement of account for clients under commercial management agreement
• Review voyage statement in IMOS, reconcile discrepancies with financial records
• Ensure all counterparts are entered and updated in PAL system for timely arrangement of hire payments
• Review and book invoices timely for freight/demurrage. Follows up with operation/claims team for receipt of timely remittance
• Interact and coordinate on a daily basis with members of the operations and chartering team on any issues arising especially on collection, payment and KYC
• Ensure cash is applied correctly
• Update and report the weekly cash position
• Process advance/post disbursement account requested by vessel operators
• Review, reconcile, and record vessel disbursement accounts. Re-bills vessel/voyages related owner/charterer items as needed and facilitates timely settlement with port agents
• Receive, reconcile, and settle invoices for broker commission. Settle same with brokers on a timely basis following group policies
• Obtain and process bunker invoices and miscellaneous invoices with settlements pending and schedule timely wire transfer request for settlement with counterparties.
• Review and post periodic hire statements for time chartered vessels, which may include performance claims, off-hires, interim/final hold cleaning, cables/victuals/representation, owner items, etc. Liaise with operations team and follows up for receipt of timely remittances
• Review accounts receivable and vendor aging reports weekly, paying close attention to the collection of funds due and following up promptly as required
• Maintain a high-volume email database electronically organized for fast, efficient document review, retrieval and action
• Assisting in providing documentation and support annual financial audit

Experience

• At least 3 years of Accounting experience, including reconciliation of general ledger accounts, invoicing, collections and working with general ledger

• Experience working within a commercial shipping environment preferred

• Proficiency with MS Word, Excel, IMOS, smartPAL software preferred
  

Other skills (Computer Skills, etc.)

• Strong practical accounting knowledge and 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
  

Academics

• Diploma in Accounting/Finance/Economics
  

What We Offer:

• Career Growth: At Raffles Commercial Management, your professional development is a priority. We offer training programs, mentorship, and clear pathways for advancement within our finance team. As you gain experience, you'll have opportunities to take on more responsibilities and move up within the company.
  

• Supportive Team Environment: Our collaborative culture ensures that you’ll always have the support you need to excel.
  

• Work-Life Balance: We understand the importance of balance and offer flexible working arrangements to help you maintain a healthy work-life balance.
  

• Comprehensive Benefits: Enjoy a full benefits package, including health insurance, annual leave, staff welfare and more.
  

Why Raffles Commercial Management?

At RCM, we believe in investing in our people. We’re not just offering a job; we’re offering a career path. If you’re driven, detail-oriented, and eager to grow in the field of accounting, this is the opportunity for you. Join us and take the first step toward a rewarding and fulfilling career.

Equal Opportunity Employer:

Raffles Commercial Management is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.