Vessel Accountant

3 days ago


Mumbai Maharashtra India Schulte Group Full time ₹ 12,00,000 - ₹ 24,00,000 per year

About Us: The BSM team includes over 20,000 seafarers and 2,000 shore -based staff in over 30 locations and across the oceans. Together we move a fleet of 650 vessels responsibly while protecting our people, our fleet and the environment. As a multinational, family -owned business, we celebrate a culture of togetherness. Caring for and learning from each other is at the base of our success. Our superpower is our diversity. The wealth of more than 80 nationalities and diverse expert knowledge boosts our capacity to innovate and take industry standards to the next level.As a family -owned business, we value a culture of caring for one another. Our strength is our diversity, with over 80 nationalities in our company. Join BSM today as we continue shaping the future of shipping while enabling international commerce for millions worldwide. Job Objective: Handles all accounting records and general ledger of both SMC and assigned vessels according to the accounting rules andstandards and owners' requirements and informs all relevant parts for the financial transactions of vessels. Key Accountabilities:Executes all the accounting transactions of the assigned vessels, i.e., invoices, expenses, payments, payroll, etc.,updates accordingly all the respective accounting ledgers, in order to assist in the effective monitoring of eachvessel financial operation and compliance with the accounting rules and legislation.Upon approval, proceeds to the prompt settlement of all accounts / payments of related vessels, so as to support thesmooth operation of vesselsProduces and upon approval submits periodical financial reports of the assigned vessels to ship owners and reviewsvessels actual costs against budgets. Informs the Chief Accountant/ Supervisor, Senior Officer of each assignedvessel, concerning budget variancesIssues the invoices for each client according to the contractual agreements and upon approval from his/hersupervisor submits them to clients, as well as monitor their timely payment, reporting any potential discrepanciesfrom schedule. Monitors the financial position of assigned vessels and communicates with clients accordingly.Raises intercompany invoices and reconciles the intercompany balance on periodical basisGathers and provides information concerning the company's and the vessels financial status, in order to support thedevelopment of report for management and facilitate decision makingProceeds all the accounting entries and develops analytical monthly accounting reports according to therequirements and processes of BSM, in order to provide management with the requirement information.Proceeds to the reconciliation of accounting transactions (or reviews reconciliations produced by GSC), as well asprepares and updates all accounting records and subordinate ledgers of the SMC in accordance with BSMaccounting policies, chart of accounts, and related accounting principles and practices.Updates all the management accounting systems, in order to provide prompt and adequate information concerningcosts and other financial/ accounting information, for purposes of control and evaluation of operations' performanceKeeps up -to -date with changes in the accounting legislation and reviews the operation of the department, proposingand, upon approval, implementing improvements in policies, procedures and guidelines, enhancing the smooth andefficient workflow of the department and its compliance with local and international accounting standards.Keeps up to date with the changes and revisions in the Ship Management Agreements, crew wage scales and tariffof contracted agents, in order to support their compliance monitoring with the relevant billing and payment activities.Assists in the execution of internal and external audits by timely gathering and providing all therequired information and data as directed by supervisor, thus contributing towards their properand accurate conduction, enhancing Company's' credibility and corporate image​ Requirements Education & Qualifications: University degree in Finance or Accounting or equivalent Work Experience: 3 -5 years and above of relevant work experience, ideally in Ship Management Job -Specific Skills: Knowledge of automated financial and accounting reporting systems Ability to analyse financial data and prepare financial reports, statements and projections. Good analytical and conceptual thinking Attention to detail Good interpersonal and communication skills Knowledge of the local/regional maritime market conditions Very good people management skills Fluency in EnglishBenefitsOn -the -job trainingFirst -hand exposure to the growing maritime technological industryDiverse workforceTechnology -driven companyBe a part of the ever -growing Schulte group family


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