Accounts Executive – Ship Owning & Management

Job Title: Accounts Executive – Ship Owning & Management

Department: Finance & Accounting Location: Dubai Reports To: Deputy Manager- MumbaiPosition Summary:We are seeking a detail-oriented and proactive Accounts Executive to join our Finance team at SVA Ship Management LLC, a leading ship-owning and management company.

The ideal candidate will be responsible for managing accounting operations for vessels and corporate accounting, ensuring timely financial reporting, and supporting various compliance functions.

Key Responsibilities

Vessel Accounting & Financial Reporting:Invoice Approval & Processing: Ensure timely approval, recording, and processing of invoices for payment. Ensure compliance with payment terms.Portage Bill Verification: Coordinate with the master and fleet personnel department to verify portage bills. Process payments on time.Crew Wage Remittance: Work closely with bankers and manning agents to ensure timely remittance of crew wages.Monthly MIS & Variance Analysis: Generate and present monthly Management Information System (MIS) reports for vessels, including performing variance analysis to identify any discrepancies or issues.Corporate Accounting:Transaction Recording: Ensure accurate recording of purchase and expense invoices, sales invoices, bank payment receipts, petty cash entries, and foreign inward remittances.Statutory Compliance: Ensure compliance with all statutory requirements, including tax filings and submissions as per local regulations.Debit Notes Generation: Generate debit notes for reimbursement of expenses incurred on behalf of vessels or other company activities.Software Utilization:Utilize Mari App and Tally accounting software to perform day-to-day accounting functions efficiently, ensuring data integrity and timely reporting.Qualifications & Skills:Educational Qualification: Bachelor’s degree in Commerce, Accounting, or Finance. Additional certifications in accounting (e.g., ACCA) are a plus.Experience: Minimum of 2-4 years of experience in accounting, preferably in the shipping or maritime industry.

Technical Skills

Proficiency in accounting software (Navision, Tally). Knowledge of Microsoft Excel is a must.Knowledge: Strong understanding of accounting principles, financial reporting, and statutory compliance.Communication: Strong interpersonal skills with the ability to coordinate effectively with internal and external stakeholders.Attention to Detail: High attention to detail with a strong focus on accuracy and timeliness.Desirable Attributes:Familiarity with ship management and vessel operations.Ability to work under pressure and meet deadlines.Proactive, with a strong sense of responsibility and ownership.Ability to harness financial data to inform decisions