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Fleet Accountant

Salary undisclosed

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About us

IMC Ship Management is a leading integrated maritime solutions provider, specializing in ship management, crewing, technical services, and maritime innovations. As a core subsidiary of the IMC Industrial Group, we are committed to operational excellence, sustainability, and enhancing the value of our clients’ maritime assets.

With a strong focus on safety, efficiency, and innovation, we operate a diverse fleet and work closely with global partners to deliver customized shipping solutions that meet the highest industry standards. At IMC, we foster a culture of collaboration, continuous learning, and innovation to meet the evolving demands of the global shipping industry.

About the Role

  • The Fleet Accountant’s role is part of the accounting services provided to the vessel owners.
  • The role manages vessel financial records, crew payroll, budgets, and funding requests, ensuring compliance and accuracy in all vessel-related financial matters.
  • Role is responsible for monthly reporting to owners, all vessels funding position and overall coordinator for vessel reporting

Responsibilities

1) Financial Record, Keeping & Reporting

  • Maintain an accurate and complete set of accounts for assigned vessels, adhering to the international financial reporting standards or other standard or such other standard based on owner jurisdiction.
  • Prepare vessel reports, including ad-hoc reports upon request from vessel owners, ensuring accuracy and compliance with the relevant standards.
  • Validate all expense with supporting documents and owner prior approval is obtained for unbudgeted cost.
  • Facilitate inspection and audits of financial records by vessel owners or their representatives, ensuring transparency and compliance.
  • Handle portage bill accounting

2) Crew Payroll

  • Managing payroll for crew members ensuring accurate and timely payment of crew wages etc.
  • Liaison with crew members and overseas manning offices to ensure the crew data accuracy in term of sign on/off date, payroll details with correct supporting documents, verification of wages with approved wage scale.
  • Handle monthly allotment, ad-hoc allotment and balance of wages settlement

3) Budget Settlement

  • Ensure timely fund requests to vessel owners as per Ship Management Agreements
  • Timely reconciliation on the vessel running cost, unbudgeted and owner cost to avoid funding delays.
  • Coordinate with the Account Payable team to allocate funds appropriately for their intended purposes.

4) Budget Management

  • Ensure timely fund requests to vessel owners as per Ship Management Agreements
  • Timely reconciliation on the vessel running cost, unbudgeted and owner cost to avoid funding delays.
  • Coordinate with the Account Payable team to allocate funds appropriately for their intended purposes.

5) Communication and Collaboration

  • Collaborate effectively with technical, operations, crew, and procurement departments to communicate vessel financial matters to vessel owners.
  • Work closely with crew and procurement departments to ensure to ensure timely and accurate accounting of all commitments.

Job Experience / Skills

  • Minimum 3 years of experience in accounting with at least 1 year in Ship Management industry
  • Good analytical skills and financial sense to evaluate the financial impact on different actions.
  • Able to understand accounting processes and management requirement.
  • Possess strong excel skill in analyzing data and report preparation
  • Oracle ERP accounting system & Smart Pal knowledge

Other Qualifications / Soft Skills

  • Meticulous, able to prioritize the job and drive to deliver results promptly with minimum supervision and guidance.
  • Good interpersonal skills to work closely with operational team.
  • Able to multi-task and to adapt in a fast-paced changing environment.
  • At least a Diploma in Finance or Accounting / Professional Qualification in Finance or Accounting.