Assistant General Manager, Vessel Accounting

Our 30-year journey rides on the passion of over 27,000 seafarers and 1,000 onshore professionals. Today, we are one of the largest independent third-party ship management companies managing over 600 diverse types of vessels.

Headquartered in Hong Kong SAR, China, we operate on a global scale having 27 offices in 12 countries. Our client base spans over 100 world-class ship owners, including Fortune 500 companies from China, Greece, India, Japan, Korea, Netherlands, Norway, Turkey and the USA, among others.

In a shore career at FLEET, you will be working with a team of a highly passionate, self-driven and committed group of people. We aim to be a place where you can achieve your full potential, regardless of your background. We are looking for individuals who are ambitious about making a strong contribution to FLEET’s short and long-term sustainable growth – whether you are dealing directly with clients or working in a role supporting the business, such as technology, legal or communications.

Job Summary 

The Vessel Accounting AGM/DGM is responsible for supervising the financial accounting, reporting, budgeting, and cost control of assigned vessels managed by the company. The role ensures accurate vessel financial records, timely reporting to ship owners and stakeholders, compliance with maritime accounting standards, and effective coordination with operations, procurement, crewing, and technical departments.

Responsible for ownership of vessel financials, reporting, budgeting, and stakeholder management. 
Ensure timely closing of vessel accounts and reporting as per agreed service level towards vessels owners
End-to-End responsible for managing team leaders and vessel accountant under their purview and focal point for coordination with all stake holders including clients and inter department

Key Roles and Responsibilities   

Financial oversight; budgeting; reporting approval; cash flow monitoring; audit management; team leadership; system enhancement, Company policies, process control and improvement.

Vessel Financial Management

• Manage complete accounting functions for assigned vessels/fleet.
• Monitor vessel operating expenses (OPEX), capital expenditures (CAPEX), and vessel balance sheet items.
• Review and approve fund requests.
• Ensure proper allocation of expenses to vessel accounts and budget codes.
• Ensure corporate fund balance matches with vessel fund balance
• Monitor fund balances and settlement of accounts with Owners
• Approve provisional SOA for Handover vessels.
• Monitor Handover vessels closure status

Budgeting & Cost Control

• Monitor actual expenses versus budget and analyse variances.
• Review monthly cost reports and financial analysis to management

Financial Reporting

• Review / Prepare monthly, quarterly, and annual financial reports for vessel owners and management.
• Ensure timely closing of vessel accounts and reporting as per agreed service level towards vessels owners
• Maintain accurate accruals, prepayments, and amortisation schedules.
• Support consolidated financial reporting requirements.

Compliance & Audit

• Ensure compliance with company policies, maritime accounting practices and other relevant Vessel Owners' reporting requirements (e.g. SOX, SOC 1, ISEA 3402)
• Coordinate internal and external audits related to vessel accounts.
• Maintain proper documentation and audit trails.
• Support tax, statutory, and regulatory reporting requirements.

Team Management

• Supervise vessel accounting team.
• Provide guidance, training, and performance management.
• Improve accounting  processes and internal controls.

Stakeholder Coordination

• Manage and maintain strong relationship with Ship Owners
• Liaise with auditors, vendors, port agents, and internal departments.
• Coordinate closely with technical, procurement, crewing, and operations teams regarding vessel expenditures.

Job Experience, Functional Knowledge and Qualifications   

• Qualified Chartered Accountant  
• > 10 years of progressive experience in accounting, financial reporting, and external audits
• Experience in a customer-facing finance role is highly desirable.
• Working knowledge of ERP systems such as Oracle or SAP is preferred.
• Prior experience in a Ship Management or Shipping Industry is an advantage

Fleet Management Limited is committed to diversity, equity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by local laws.