Senior Accountant (Shipping)

The Senior Accountant (Shipping) for Pacific World Shipping Limited will be responsible for bookkeeping, daily payment processing, and the financial planning and analysis (FP&A) activities of the Group’s shipping business, including chartering and shipping operations. The successful candidate will work closely with the Shipping Finance Team, Chartering team and senior management to ensure the delivery of accurate and timely financial information, effective cost control and strong financial governance. The role also plays a key part in providing meaningful financial analysis and business insights across voyage profitability, operating costs, working capital, cash flow and overall business performance.

The Senior Accountant (Shipping) will:

• Monitor day-to-day accounting activities for shipping business, including month-end and year-end closing, general ledger review, accruals, cost allocation and compliance with Group accounting policies.

• Monitor shipping-related AR, AP and prepayments, including hire, freight, demurrage, dispatch, port charges, bunker costs and other voyage-related balances, and follow up closely with shipping operations and traders on the collection and payment status.

• Prepare management reports and provide analysis on business performance, margins, operating costs, working capital and cash flow.

• Support budgeting, forecasting and variance analysis for shipping operations and relevant trading entities.

• Support voyage accounting and profitability analysis, including review of actual results against budget, forecast and commercial assumptions, highlighting key risks, opportunities and financial drivers to management.

• Review internal controls over shipping accounting processes, identify financial and operational risks, assess potential impact, and provide recommendations for improvements.

• Support statutory audit, tax filing and transfer pricing matters by preparing relevant schedules and supporting documents and liaising with the external parties.

• Support finance operations process improvement and system enhancement projects relating to shipping accounting, reporting, controls and workflow efficiency. Communicate project progress and results to management and supervisors effectively and timely.
• Perform ad hoc duties as assigned by management.

Education &Qualifications:

• Degree holder in Accountancy, Finance or related discipline with CPA, ACCA, CIMA or equivalent professional qualification.

Experience:

• Minimum 6 years of relevant accounting experience, preferably with exposure to shipping industry.

• Experience in financial analysis, budgeting, forecasting and management reporting.

• Knowledge of Oracle EBS R12 accounts modules, including AR, AP and GL, and cloud-based ERP systems.

• Experience with Oracle functional reporting, including report design and generation

• Experience in system enhancement or process improvement projects is preferred.
  

Skills:

• Proficiency in MS Office, including Excel/Power Pivot. Familiarity with Power Automate, Power Apps and Co-pilot is an advantage.

• Knowledge of Oracle EBS R12 accounts modules, including AR, AP and GL, is a must.

• Experience with Excel4Wands and other finance reporting or ERP tools is an advantage.

• Strong analytical and problem-solving skills with excellent attention to detail.

• Proactive, organized and highly accountable, with the ability to take ownership of tasks and deliver results independently.

• Able to work effectively under pressure and manage multiple priorities within tight reporting deadlines.

• Strong communication, presentation and interpersonal skills

• Good command of spoken and written English

• A collaborative team player with a positive and professional attitude.

• Comfortable working in a multicultural and international environment.