Vessel Accountant

Vessel accountant is responsible for completing monthly, quarterly, and annual close for Operating expenses (OPEX) in accordance with applicable accounting standards (e.g., IFRS) and local requirements added to Group’s internal procedures and controls.

Responsibilities for this position may include but are not limited to:

Monthly, quarterly, and annual financial close (65%)

• Responsibility for all accounting entries required for assigned vessels related to OPEX. This includes treatment of vendor and agent invoices, bank transactions, accruals, currency revaluations etc. (10%)
• Prepare related part invoices (recharging of costs internally according to agreements) (5%)
• Intercompany reconciliation (5%)
• Prepare payments (5%)
• Reconciles and records vessel's monthly and quarterly reports (Master Cash Account, Welfare, Slop chest) and ensures completeness of supporting documents (5%)
• Prepares monthly Purchase Order (PO) list showing outstanding committed costs to be reviewed by the Purchaser and Technical Superintendent (5%)
• Upload/file documents to designated folders on the sever (i.e. SharePoint, w:\\felles\) (5%)
• Reconciliations end each reporting period (5%)
• Ensure proper classification, use of IFS account (CoA) and dimensions for OPEX cost (5%)
• Maintain and improve financial reporting and closing routines for the company by working closely with Group Accounting and controlling in Oslo on internal processes, accounting - and internal control issues (5%)
• Provide deviation analysis of YTD numbers versus budget (FYF versus annual budget) for OPEX reporting (5%)
• Work closely with TSIs, procurement, corporate accountants, and Maritime payroll team (5%)

Internal control Compliance, Audits, and routine descriptions (20%)

• Complete Internal controls (BSR) according to guidelines in GSM (10%)
• Assist external auditor with providing the requirements for Group on OPEX (10%)

Others (15%)

• Prepares monthly reports for OPEX with Actuals against Budget and forecast (5%)
• Ad hoc tasks to help the team specially in Fleet Management accounting (5%)
• Provide deviation analysis of YTD numbers versus budget (FYF versus annual budget) (5%)

• Holds a University/College degree in Accountancy or similar (preferably a Certified Public Accountant)
• Knowledgeable of International Financial Reporting Standards (IFRS)
• Has excellent interpersonal and communication skills
• Has at least 4-5 years of accounting experience
• Has leadership experience
• Experience with handling monthly, quarterly, or annual closing processes
• Understanding and experience with IFRS/local GAAP
• Prior OPEX experience with international clients
• Knowledge of internal control
• Solid computer skills including working with general ledger systems
• Advanced excel expertise and interest in developing ad-hoc and management reporting tools to meet Management requirements
• Proficiency in English
• Knowledge of AMOS system for purchase orders