Job Description

KEY TASKS AND RESPONSIBILITIES:

Policies and Procedures:

To design and implement all the process flow and transaction-based documentation, requirements, necessary approval matrix, for the finance department. To prepare necessary policy documents for consideration and approval by the Management. To ensure implementation of approved policies and process for the finance department and report cases of deviations to the management for necessary corrective actions. Support the finance team with operating cost reporting for internal companies as well as JV partners. Ensure compliance with all applicable laws, regulations, and company policies.

Reporting:

Monthly detailed MIS reports. Perform monthly closing, including preparation of journal entries and accounting schedules, analytical review of P&L and Balance Sheet. To manage full set of corporate accounts for parent/holding companies and subsidiaries. Preparing and reviewing monthly reporting, schedules, and bank reconciliations. Liaising with Tax consultants and ensuring reporting is complied with local and international requirements.

Vessel Accounting:

Support the vessel accounting team towards vessel OPEX (Operating Cost) Management reporting. To stand in as a support contact and if necessary, liaise with vessels management team (or with client, if required) for operating cost / reporting matters. Working with the vessel accounting team to support the review of invoice posting, payment of invoices and other creditors in accordance with the Company's policy.

Review of Bookkeeping process:

To review and supervise the maintenance of all applicable books of accounts in compliance with regulations, and filing of all the supporting documents in relation to:


Revenue, Expenses, AP and AR, Fixed Assets Posting ledger entries and reconciliation of bank statements into the company's financial system and ensure it remains updated.

Regional Business:

Manage and support regional offices finance and direction to the company on financial matters. Ensure regional office complies with all laws and regulations and reporting in for compliance.

Payroll management and HR Admin:

Designing of tax efficient structures for employees, computation of tax requirements and any other deductions. Preparation of monthly payroll sheet. Preparation for statutory returns as applicable and submission to the MD. Verification of all payroll records and relevant payments. Other General HR Management functions in liaison with the MD.

Others:

Assist with review of Legal Documents and Agreements. Build effective relationship within the team and affiliate offices. Various projects and adhoc activities as directed by management such as support for internal/external audits, financials for transfer pricing studies, vendor master data, management reporting and maintaining of internal control framework.
Other duties as may be required from time to time by the Managing Director.

REQUIREMENTS OF THE JOB (Essential skills, qualifications, and experience)

Previous experience in an offshore and marine operations related company, preferably Ship Owning or Ship Management business. Having an oversight and in-depth understanding of company's accounting and corporate finance functions for a minimum of 3 to 5 years. A recognized degree or professional qualification in Accountancy or CPA. Minimum 5 years of experience in similar capacity (Manager) from the shipping or ship management industry; Good analytical skills, financial statement interpretation / analysis. * Ability to communicate efficiently and effectively.