Executive - Vessel Accounts (Reporting)

4 days ago

Chennai, Tamil Nadu, India Synergy Maritime Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Purpose

Capture briefly whydoes this role exist; how it contributes to the overall mission / goal of the organization.

Drive team, providefinancial/MIS reports and interpreting financial information to Sr. Manager andongoing support to the Accounting functionalities with particular focus onaccounts payable/Receivable/GL/Reporting/Crew manning

Key Result Areas (KRAs)

Outline the principle accountabilities /performance areas. Detail the expected outcomes / deliverables of the role.Prepare Reports on cash receipts, accounts receivableand bad debts

Provideweekly reports for management as well as Month End reports

Escalatecredit and collections concerns to GM/Sr. Manager

Drive theteam to prioritize the past dues and expedite collections to keep the bookclean

Driveprocess improvements to optimize cash flow and effectively manage receivables

Ensure nomiss out in integrating monthly bills on Shipmanagement fee, postage &Recruitment fee

Ensureall deliverables to internal/external stake holders as per KPI

Responsibleto complete monthly financial reports, funds position report, Lube Oil report,Schedules, Fund requests submissions

Driveteam to obtain owners approvals for non-Budget expenses

CloseFollow-up on Eye share/Open PO Ageing for clearing pending invoices, yearlyapproved budgets, Signed SMA, pending collectibles

Ensurequick turnaround time in replying to queries of owners/auditors/management

Follow-upwith Technical team to close Pre- Delivery /Dry Dock to enable the collectionwithin 6 months

EnsureNIL outstanding on OPEX fund requests on monthly basis and collection ofNon-Budget expense on immediate basis.

Keeptrack of Yearly billings like Suptd. Travel days. In the event of hand vesselhandover, ensure to monitor billing of severance cost, recruitment cost etc.

Analyse challenges affecting the efficiency ofthe AR team in managing open receivables

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