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Role Overview
New Maritime Pte. Ltd. is a leading Singaporean ship management and marine fuel logistics company, owning and operating our own fleet of bunker barges with our in-house team.
We are seeking a hands-on Accountant with prior vessel accounting experience. This role combines vessel accounting, general accounting, budgeting, and cashflow management, with direct interaction with operations, commercial teams, and management.
Working Location: Tai Seng (5 mins walk from Tai Seng MRT)
Key Responsibilities
Vessel Accounting & Operations Finance
• Prepare and review monthly vessel P&L and management reports
• Review and monitor vessel operating expenses including bunkers, port charges, agency fees, and repairs & maintenance
• Ensure accurate cost allocation and accruals by vessel
• Work closely with operations and technical teams on vessel cost tracking and control
• Support management analysis on vessel profitability and cost variances
Budgeting & Forecasting
• Prepare and maintain annual vessel operating budgets
• Perform budget vs actual and variance analysis by vessel
• Support short-term reforecasting based on operational changes
• Support cashflow forecasting aligned with vessel operations
AR, AP & Cashflow Management
• Review and manage AR, AP and banking transactions, including GST and tax compliance
• Monitor invoicing, payment and collection cycles to ensure timeliness
• Liaise with sales, operations, clients and suppliers to resolve billing and payment issues
• Plan and manage AR/AP cashflow cycles to support daily operations
• Prepare and review AR/AP aging reports and key performance metrics
Banking & Working Capital
• Manage banking relationships, facilities and banker’s guarantees
• Support invoice financing, trust receipts, letters of credit (LC) and related documentation
• Support working capital management and liquidity planning
General Accounting & Month-End Close
• Maintain full set of accounts including GL, AR, AP and fixed assets
• Perform month-end and year-end closing, including journal entries and accruals
• Prepare and review balance sheet reconciliations and schedules
• Support statutory audit, tax and GST filings
• Coordinate with external auditors on accounting matters
Controls, Compliance & Process Improvement
• Maintain and enhance internal controls over accounting processes
• Ensure compliance with accounting standards, company policies and audit requirements
• Identify process gaps and drive continuous improvement and automation initiatives
• Support ERP/system enhancements and ad-hoc finance projects
Qualifications & Experience
• Bachelor’s degree in Accounting, Finance or related field
• Minimum 3–5 years of relevant accounting experience
• Prior experience in vessel / shipping accounting preferred
• Experience with vessel cost planning, budgeting or forecasting
• Strong understanding of AR/AP, GST and withholding tax (WHT)
• Experience with ERP systems and strong Excel skills
• Familiarity with invoice financing, trust receipts and LC processes
• Hands-on and detail-oriented
• Able to manage multiple priorities and meet deadlines
Apply Now
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