Deputy General Manager, Vessel Accounting
Our 27-year journey rides on the passion of over 24,000 seafarers and 1,000 onshore professionals. Today, we are one of the largest independent third-party ship management companies managing over 650+ 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 Position Summary
DGM - Vessel Accounting role is to manage the financials and accounting matters for all vessels under the Group, co-ordinate and communicate with Ship Owners on such matters, monitoring the operating budgets for the vessels and providing accurate high-level analysis to Group Financial Controller, adhering to business strategy & vessel accounting functions, supervising and leading the team of sub-ordinates under the vessel accounting profile.
Key Roles and Responsibilities
Financial and Accounting matters for the Vessels managed by Group
• Responsible for all financial and accounting related matters for the vessels managed by the Geographical Location / Group
• Drive timely and accurate compilation of vessel accounts and other reporting requirements for all the vessels under Geographical Location / Group through team of vessel accountants.
• Ensure all accounting requirements of Ship Owners are rigorously followed and ensure cordial relations with them
• Drive the derivation of periodic financial forecasts to measure budget against actual expenditure to inform vessel operating performance to relevant department heads and their managers
• Drive the monthly management information reporting for overdue balances from the Ship owners and ensure recovery of funds on timely matter.
• Ensure departmental KPI's are achieved and monitored on timely basis
• Collaborate with all vessel accountants to identify the different revenue streams and ensure timely recovering of the same from Ship Owners
• Drive the derivation of periodical financial position for all accounts receivables and submit the analysis and evaluation to Group Financial Controller
Provide decision support
• Accountable for providing decision support to relevant internal stakeholders through vessel's financial analysis.
• Collaborate with relevant internal stakeholders to examine and address causes of variance in budget or forecasts, and present findings to Group Finance Controller
Drive continuous improvement within the department
• Responsible for implementing and driving continuous improvement initiatives through managers and employees within the department
• Collaborate with Group Financial Controller and employees within the department to identify improvements that can be made to policies, processes or technological infrastructure.
• Drive the operationalisation and implementation of improvement initiatives within the department through managers and employees
• Monitor adherence to timeline and budget for continuous improvement projects and technological implementations within the department and report progress to Group Financial Controller
• Monitor and report improvement in outcomes within the department to Group Financial Controller
Oversee day-to-day operations
• Accountable for the coordination of budget schedule
• Assist Group Financial Controller in the development of Group’s budget timeline for the financial year, taking into account the different business cycles of each department
• Collaborate with heads of functions to collate and clarify budget data in adherence with developed timeline
Develop human capital
• Develop capabilities of direct reports through formal or informal mentorship and implementation of development plans
• Drive the identification and addressing of gaps in competencies through performance review of direct reports and collaboration with HR
• Primarily maintains relationships with Group Financial Controller, General Manager of the Operating Location, Heads of Overseas Locations, Team Members, and other heads of departments in the function
• Primarily maintains relationships with Customers (Ship Owners) of the Group
• Resolves day-to-day conflicts between direct reports to align efforts in achieving objectives and conflicts between the Team and inter-department stakeholders to ensure company interests are protected
Job Experience, Functional Knowledge and Qualifications
• Proven success as Accounts / Finance Manager or equivalent position in reputed global ship management companies
• Strong understanding of the ship management industry and shipping operations
• In-depth understanding of business model of the ship management industry
• In-depth knowledge and experience in the discipline of Accounting and Finance
• Master's degree with over 15 years relevant experience exclusively in global ship management companies, managing, supervising and leading a team of sub-ordinates
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.