Vessel Controller
About this job
Roles & responsibilities:
1. Financial Reporting & Variance Analysis:
- Prepare and submit financial reporting for assigned fleet/customers, ensuring accuracy and timeliness.
- Review actual vs. budget performance, identifying overspending and improvement areas.
- Make accruals for missing costs based on trend analysis, prepayments, and supporting systems (e.g., Eye-share).
2. Liaison & Coordination with Technical & Operations Teams:
- Provide relevant financial insights to the technical team and ensure financial report completion.
- Conduct monthly financial meetings with Technical and Operations teams to review vessel performance.
- Ensure that financial reports include proper comments before being shared with external customers.
3. Customer Interaction & Support:
- Follow up and respond to customer queries regarding financial reports and budget variances.
- Ensure that customer financial requirements (budgeting, forecasting, reporting) are met in a timely manner.
4. Fund Management & Working Capital Monitoring:
- Ensure sufficient funding is requested and follow up on collections.
- Send first reminders for outstanding funding payments.
- Monitor working capital levels, requesting additional funding when necessary.
5. Budgeting & Forecasting:
- Prepare and oversee budgeting, forecasting, and financial planning for assigned vessels/customers.
6. Team Training & Process Improvement:
- Provide training and feedback to vessel accountants, ensuring compliance with OSM Thome standards.
- Identify and implement process improvements to enhance efficiency and accuracy in vessel accounting.
Qualifications & experiences:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA, ACCA, or equivalent certification preferred.
- 5+ years of experience in vessel accounting, with at least 2 years in a supervisory or financial control role.
- Strong understanding of ship management financial reporting, working capital management, and customer financial requirements.
- Strong ability to analyse financial data, identify variances, and make strategic recommendations.
- Ability to liaise effectively with customers, technical teams, and operations teams.
- Proactive approach to resolving financial issues and optimizing vessel performance.
- Ability to manage multiple reporting deadlines and priorities.
- Experience with financial software (SAP, Oracle, or maritime ERP systems), Excel, and financial modelling.
- Ability to train and guide vessel accountants to maintain high reporting standards.
Market insight
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Frequently asked questions
What salary can I expect?
The employer lists $3,500 – $6,000 for this role at THOME SHIP MANAGEMENT PTE. LTD in Singapore. For comparison, the local market median is about 4 800 $ based on 67 052 similar offers.
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