Job Description

The Management Accountant will be allocated a fleet of vessels and their main responsibilities will include:

• Preparation and monitoring of fleet’s weekly and monthly cash flows.
• Maintaining each vessel’s fixed asset schedule including recording of capital expenditure, Drydock expenditure and ensuring relevant depreciation in accordance to Group Accounting policies.
• Preparation of subsidiary group consolidations and management reports.
• Assisting with the preparation of statutory accounts under IFRS.
• Subsidiary group budgeting and cash flow forecasting.
• Accounting for prepayments and accruals in relation to insurance premiums and administrative expenses.
• Reconciling Charter Hire for each period and analysing each vessels’ revenue.
• Regular reconciliations of Balance Sheet accounts including bank reconciliations, inter-company reconciliations and other control accounts.
• Assisting with preparation of technical accounting memos.
• Liaising with technical department and third party vessel managers on matters including but not limited to: monthly reports/accounts for each vessel, budget discussions, actual/budget variance analysis, cost allocations, insurance claims and funding. Month end: Reviewing of Trial Balances for each company to ensure accuracy before they are submitted to the Group Reporting Accountant.
• Preparation of year end reporting packs and liaising with external auditors
• Systems: being the Administrator for the accounting system (Sun) by setting up new companies, nominal accounts, uploading annual budgets etc.
• Assisting with ad hoc projects as may be required by the Chief Accountant /Group Reporting Accountant.

Required Knowledge, Skills, and Abilities

A personal drive to succeed and an ability to prioritise tasks effectively so as to meet the goals of the team within agreed deadlines; Currently studying to achieve a professional accounting qualification; Able to work as a member of a team, supporting colleagues and developing good working relationships; Good written and verbal communication skills; Attention to detail; Good interpersonal skills and an ability to communicate confidently with all levels of management and staff. Preferably ACCA part qualified (maximum 9 out of 14 papers) Or AAT qualified (minimum level 3) / CIMA part qualified The ideal candidate is preferred to have a minimum of two years experience working in an accounting function within the shipping industry. Excel Word Microsoft Outlook Sun