Team Lead - Vessel Accounting
Wilhelmsen Ship Management · Mumbai · onsite · Posted 5d ago
Undisclosed5–10 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Summary
Responsibilities
Operational Management
Financial Reporting Analysis
Stakeholder Management
Process Improvement Controls
Quality Assurance
Qualifications
Mandatory requirements
Additional preferences
Competency Requirement
Work Location
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Join our global team for a career filled with opportunities to solve challenges both small and large, local and global, simple and complex.
The Team Lead - Vessel Reporting is responsible for overseeing the day-to-day vessel reporting activities, ensuring timely and accurate financial reporting, maintaining compliance with management agreements and reporting requirements, and leading a team of vessel reporting executives. The role acts as the key liaison between Vessel Accounting, Fleet Management Offices, Vessel Managers, Owners, and other stakeholders to ensure efficient reporting operations and continuous process improvements.
Responsibilities
Operational Management
- Lead and supervise the Vessel Reporting team to ensure delivery of accurate and timely financial reports.
- Review monthly and quarterly vessel management accounts, cash flow statements, SOA schedules, and supplementary reports.
- Ensure compliance with owner reporting requirements, management agreements, and internal procedures.
- Monitor reporting timelines and ensure all deliverables are submitted within agreed deadlines.
- Support vessel reporting activities across multiple management offices and client portfolios.
Financial Reporting Analysis
- Review vessel operating results and perform variance analysis against budget and prior periods.
- Analyze vessel expenditures, accruals, provisions, and balance sheet reconciliations.
- Review cash flow forecasts and funding requirements.
- Monitor outstanding receivables, payables, and owner account balances.
- Provide management insights and recommendations based on vessel financial performance.
Stakeholder Management
- Act as the primary contact for Vessel Managers, Fleet Managers, Owners, and Regional Finance Teams.
- Respond to client queries relating to vessel management accounts and financial reports.
- Coordinate with Accounts Payable, Treasury, Vessel Accounting, Procurement, and Technical Management teams for issue resolution.
- Present financial reporting outcomes and analysis during stakeholder meetings when required.
Process Improvement Controls
- Identify opportunities for process standardization and automation.
- Strengthen internal controls to improve reporting accuracy and efficiency.
- Lead implementation of new reporting requirements and system enhancements.
- Develop and maintain SOPs, reporting templates, and knowledge management documentation.
- Ensure adherence to company policies, audit requirements, and compliance standards.
Quality Assurance
- Perform final review of key vessel reports before submission.
- Monitor reporting quality through regular audits and KPI tracking.
- Drive continuous improvement initiatives to reduce reporting errors and improve turnaround times.
Qualifications
Mandatory requirements
- Degree in Accounting, Finance, Banking and/or Commerce.
- Minimum 5 years working experience in a related field.
- Have experience in managing others.
- Experience managing reporting for multiple vessel portfolios and stakeholders.
Additional preferences
- Strong understanding of vessel management accounting principles.
- Knowledge of vessel operating expenses (OPEX), CAPEX, dry-docking, and owner reporting.
- Experience with SAP and vessel management systems.
- Advanced MS Excel and financial analysis capabilities.
- Strong reporting and presentation skills.
Competency Requirement
- Excellent leadership and people management skills.
- Strong communication and stakeholder management abilities.
- Analytical mindset with attention to detail.
- Ability to manage multiple priorities under tight deadlines.
- Continuous improvement orientation.
Work Location
Mumbai, India
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
Accounts PayableAutomationforecastsknowledge managementinternal controlsauditsAccrualsBankingfinancial reportsCASH FLOWFinancial Reportingfinancial analysisAccountingcompliancefinanceFleet ManagementBalance Sheet
About Wilhelmsen Ship Management
Wilhelmsen Ship Management
Ports & Shipping
75
employees
Oslo
Norway
₹14.7L PA avg
Avg at Wilhelmsen Ship Management
About
We are Wilhelmsen, a global maritime group Pioneering products, services and innovation since 1861— built on generations of shipowning heritage
Industries
Ports & Shipping
Employee ratings
10 reviews
3.8/ 5
Culture
3.3
Career growth
3.4
Work-life
4.0
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