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Senior Accountant (Shipping)

Job Description - Senior Accountant (Shipping)

The Senior Accountant (Shipping) will:



  • Monitor day-to-day accounting activities for shipping business, including month-end and year-end closing, general ledger review, accruals, cost allocation and compliance with Group accounting policies.

  • Monitor shipping-related AR, AP and prepayments, including hire, freight, demurrage, dispatch, port charges, bunker costs and other voyage-related balances, and follow up closely with shipping operations and traders on the collection and payment status.

  • Prepare management reports and provide analysis on business performance, margins, operating costs, working capital and cash flow.

  • Support budgeting, forecasting and variance analysis for shipping operations and relevant trading entities.

  • Support voyage accounting and profitability analysis, including review of actual results against budget, forecast and commercial assumptions, highlighting key risks, opportunities and financial drivers to management.

  • Review internal controls over shipping accounting processes, identify financial and operational risks, assess potential impact, and provide recommendations for improvements.

  • Support statutory audit, tax filing and transfer pricing matters by preparing relevant schedules and supporting documents and liaising with the external parties.

  • Support finance operations process improvement and system enhancement projects relating to shipping accounting, reporting, controls and workflow efficiency. Communicate project progress and results to management and supervisors effectively and timely.

  • Perform ad hoc duties as assigned by management.




Education, Experience and Skills:


·       Degree holder in Accountancy, Finance or related discipline with CPA, ACCA, CIMA or equivalent professional qualification.


·       Minimum 6 years of relevant accounting experience, preferably with exposure to shipping industry.


·       Experience in financial analysis, budgeting, forecasting and management reporting.


·       Knowledge of Oracle EBS R12 accounts modules, including AR, AP and GL, and cloud-based ERP systems.


·       Experience with Oracle functional reporting, including report design and generation


·       Experience in system enhancement or process improvement projects is preferred.


·       Proficiency in MS Office, including Excel/Power Pivot. Familiarity with Power Automate, Power Apps and Co-pilot is an advantage.


·       Knowledge of Oracle EBS R12 accounts modules, including AR, AP and GL, is a must.


·       Experience with Excel4Wands and other finance reporting or ERP tools is an advantage.


·       Strong analytical and problem-solving skills with excellent attention to detail.


·       Proactive, organized and highly accountable, with the ability to take ownership of tasks and deliver results independently.


·       Able to work effectively under pressure and manage multiple priorities within tight reporting deadlines.


·       Strong communication, presentation and interpersonal skills


·       Good command of spoken and written English


·       A collaborative team player with a positive and professional attitude.


·       Comfortable working in a multicultural and international environment.

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