Accounts Executive

Graduate and above

Males Only

09:00 AM - 06:00 PM | 5 days working

Job Benefits: Insurance, PF, Medical Benefits

Greetings from Paswi Manpower Consultant!
We are looking for accounts executive with minimum one year of experience
JOB DESCRIPTION
Key Responsibilities:
1. Funds Management & Requests:
o Ensure timely submission of fund requests to vessel owners.
o Update and maintain the fund schedule on a monthly basis.
o Ensure sufficient funds are available for payment of invoices, allotments, advances, and other financial obligations and provide daily fund flow report.
2. Bank Reconciliation & Journal Entries:
o Monthly vessel bank reconciliation process.
o Validate and ensure the accuracy of invoices and supporting documentation.
o Post necessary journal entries, including accruals, adjustments, and other accounting entries.
o Verification of Month end documents along with posting of appropriate entries.
3. Account Payables Management:
o Monitor accounts payable to ensure that they remain within credit terms for vessels in the group.
o Alert Treasury in case of discrepancies or issues with payment terms.
4. Prepaid & Balance Sheet Entries:
o Ensure that all prepaid entries are proportioned correctly.
o Ensure the vessel balance sheet & GL is reconciled monthly and updated according to the pre-defined template.
5. Reporting:
o Validate the accuracy of figures in financial software, ensuring correct reporting to vessel owners.
o Ensure timely generation and submission of monthly financial reports to vessel owners.
6. Budget & Variance Analysis:
o Assist in the preparation of budget versus variance reports.
o Submit reports to the technical & Manning team for review and comments.
7. Team Coordination & Internal Liaison:
o Liaise with internal teams to respond to queries related to the group's vessels.
o Ensure responses to internal stakeholders are provided within one working day.
o Plan and manage team workloads to ensure timely execution of tasks and objectives.
8. Other Responsibilities:
o Participate in ongoing process improvements and ensure compliance with internal controls.
o Maintain up-to-date knowledge of accounting principles and regulations as they relate to vessel operations.
o Perform ad-hoc duties as required by management.