Job ID : 2655

About Company

 A leading ship manager company provides end-to-end maritime solutions with precisely and expertly tailored services, where great technical expertise and a diverse product portfolio create optimal efficiency, productivity, and customer experience. The company is following its legacy for 17+ years and is headquartered in Singapore.

The company is a private company with a network of 22 offices in 12 countries and has a workforce of more than 10000+ employees with an increase in net worth of approx 55% and an increase in EBITDA of approx 67% in the previous year. 

They create and maintain safe systems of operation amid safe working environments and trains employees to achieve targets collectively and growth at an individual level. 

Some of the awards and recognition received by the company are :

1. Green Award certification  
2. Shiptek International Awards-shipping company 
3. Singapore International Maritime Awards-Maritime service provider award 

Job Description

Job Purpose 

Drive team, provide financial/MIS reports and interpreting financial information to Sr. Manager and ongoing support to the Accounting functionalities with particular focus on accounts payable/Receivable/GL/Reporting/Crew manning.

Key Responsibility 

• Prepare Reports on cash receipts, accounts receivable and bad debts
• Provide weekly reports for management as well as Month End reports
• Escalate credit and collections concerns to GM/Sr. Manager
• Drive the team to prioritize the past dues and expedite collections to keep the book clean
• Drive process improvements to optimize cash flow and effectively manage receivables
• Ensure no miss out in integrating monthly bills on Shipmanagement fee, postage & Recruitment fee
• Ensure all deliverables to internal/external stake holders as per KPI
• Responsible to complete monthly financial reports, funds position report, Lube Oil report, Schedules, Fund requests submissions
• Drive team to obtain owner’s approvals for non-Budget expenses
• Close Follow-up on Eye share/Open PO Ageing for clearing pending invoices, yearly approved budgets, Signed SMA, pending collectibles
• Ensure quick turnaround time in replying to queries of owners/auditors/management
• Follow-up with Technical team to close Pre- Delivery /Dry Dock to enable the collection within 6 months
• Ensure NIL outstanding on OPEX fund requests on monthly basis and collection of Non-Budget expense on immediate basis.
• Keep track of Yearly billings like Suptd. Travel days. In the event of hand vessel handover, ensure to monitor billing of severance cost, recruitment cost etc.
• Analyse challenges affecting the efficiency of the AR team in managing open receivables

Educational Background and Work Experience

CA with 6 -8 years of experience with Strong understanding of finance and accounting practices in relation to AR and GL.

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