Vessel Accountant- Shipping Industry

Job Title : Vessel Accountant

Location : Mumbai (Andheri East)

Department : Finance & Accounts

Reporting To : GM – Accounting and Finance

Position Overview

The Vessel Accountant will be responsible for managing the complete accounting and financial reporting of assigned vessels, ensuring compliance with company policies, international accounting standards, and shipping industry requirements. The role involves close coordination with technical, crewing, and procurement departments for timely and accurate recording of vessel-related expenses and income.

Key Responsibilities

1. Vessel Accounting & Reporting

• Record all vessel-related expenses including port disbursements, crew wages, lubes, spares, repairs, insurance, and management fees.
• Ensure correct allocation of costs between vessels, departments, and cost centers.
• Review and reconcile vessel running accounts and intercompany transactions.
• Prepare monthly and quarterly management reports and variance analysis (Budget vs Actual).

2. Budgeting & Forecasting

3. Vendor & Payment Management

4. Audit, Compliance & Documentation

5. Liaison & Coordination

Qualifications & Experience

Skills & Competencies

Key Attributes

Performance Indicators (KPIs)

Responsiveness and coordination effectiveness with other departments