Job Description
Controls the efficient accounting operation of the SMC and handles all accounting activities in order to ensure the compliance of the SMC with the vessel accounting standards. Oversees the completion of ledger accounts and controls that the accounting department operates under the relevant procedures and processes of BSM.
Vessels’ Accounting Management
1. Reviews all ship-owner financial statements other accounting reports and ensures that they are timely and accurately prepared, in accordance with the relevant client contracts and agreements, in order to ensure the compliance of clients’ operations with the respective accounting procedures, obligations and respective flag ownership legislation.
2. Reviews the monthly technical variance reports and the cash position statements for vessels under SMC’s management and handles the prompt settlement of all accounts / payments related vessels, e.g. payments of invoices, crew payroll etc., so as to support the smooth operation of vessels.
Management of the Accounting Operation
3. Assures that accounting records are prepared and maintained in accordance with BSM accounting policies, chart of accounts, and related accounting principles and practices, and that subordinate ledgers reconcile with the general ledger. Safeguards that all management accounting systems are effectively implemented and maintained in order to get prompt and adequate information concerning costs and other financial/ accounting information, for purposes of control and evaluation.
4. Monitors the effective implementation and maintenance of all management accounting systems, in order to provide prompt and adequate information concerning costs and other financial/ accounting transactions, for purposes of control and evaluation of performance.
Cash Flow
5. Contributes in the handling and forecasting of the SMC’s weekly, monthly, quarterly and annual cash flow, supports the preparation of the cash flow reports and may work with other departments to accurately forecast future cash flow requirements, in order to support their efficient operation and enhance the accurate and fair utilization of financial resources.
6. Monitors and controls the timely and accurate execution of payments due and identifies potential discrepancies providing analytical reporting to SMC management, while liaises with the respective department(s) for resolution of payment, thus supporting the enhancement of the company’s cash flow.
7. Ensures the accurate issuance of invoices and cheques, as well as their prompt execution, in order to comply with payment obligations and contractual agreements.
Management of Resources
8. Coordinates, coaches and motivates his subordinates, through the appropriate training, development, management of performance and salary progression to ensure that staff have the appropriate knowledge, skills and support that will help them perform effectively and contribute to the achievement of the department’s desired short and long-term objectives.
Requirements
Education and Qualifications:

• University degree in Finance or Accounting or equivalent
• Professionally qualified accountant (ACA/ACCA/CPA) would be an advantage

Work Experience:

• At least 4-6 years of work experience, ideally in Ship Management

Job-Specific Skills:

• Knowledge of automated financial and accounting reporting systems
• Good Knowledge of Maritime Accounting legislation
• Ability to analyze financial data and prepare financial reports, statements and projections.
• Advanced analytical and conceptual thinking
• Attention to detail
• Excellent interpersonal and communication skills
• Knowledge of the local/regional maritime market conditions
• Very good people management skills
• Knowledge of the maritime legal framework e.g. employers’ obligations, recruitment prerequisites etc.
• Fluency in English

Benefits
Benefit’s Listing effective Day 1

• Retirement Benefit
• SSS, Pag Ibig, Phil Health Contributions Employer’s Share
• Medical Insurance (HMO)
• Life Insurance
• Free Uniform
• Free Office Lunch
• Pro-rated Sick Leave and Vacation Leave on Day 1
• 18 Days’ Vacation Leave per annum (increasing every 5 years of service by 1 day up to 22 days
• 21 Days Sickness Leave per annum

Administrative Benefits:

• Compassionate Leave 3 Day – Immediate Family; 1 Day - Extended Family
• Maternity/Paternity Leave
• Birthday Leave
• Birthday Allowance of Php 1,500
• Medical Reimbursement-Php 750 per month; Php 9,000 per annum
• Wedding Gift
• Eyeglasses worth Php 3,000 upon regularization

Job Type: Full-time
Benefits:

• Additional leave
• Company Christmas gift
• Company events
• Flexible schedule
• Health insurance
• Life insurance
• On-site parking
• Opportunities for promotion
• Paid training
• Pay raise
• Staff meals provided
• Work from home

Schedule:

• Day shift
• Flextime

Supplemental Pay:

• 13th month salary
• Bonus pay
• Yearly bonus

Experience:

• Accounting: 5 years (Required)