Mediterranean Shipping Company South East Asia (Singapore) Pte Ltd – Accounts Executive, Cost Control (Shipping)

We Offer

You will embark on a great journey with excellent career development opportunities in a global organization. As Accounts Executive, Cost Control, you will be responsible for the financial reports and management reporting for Singapore, as well as maintaining and executing financial controls in compliance with Company policies, Singapore Financial Reporting Standards (SFRS) and International Financial Reporting Standards (IFRS).

Key Responsibilities

Reporting to the Assistant Accounts Manager, Cost Contril. In this position, you will have opportunities to acquire skills and knowledge in the following areas:

Cost Control Tasks

• Checking and approve invoices against purchase order (“PO”), contract and HOD approval to ensure accuracy of Principal Cost;
• To liaise with vendor for any invoices discrepancies and follow up credit notes for cost savings;
• Ensure timely and accurate daily posting and approval of operational vendor expenses;
• Creation of supplementary DA/GA;
• To issue tax invoices for recovery of Principal Expenses from third party and crew change income;
• Ensure Cost Control offices (PVE) submit proforma within 7 Calendar Days after vessel sail;
• Report Vessel Disbursement and General Account in ECR;
• Ensure completion of Provision of Vessel Expense by 5 Calendar Days of vessel departure, General Account and Land Logistics Income Expenses in ECR by 5 Calendar Day of following month.
• Ensure variance between PVE and Actual not more than +/- 5% variance, to provide supporting documents and explantions otherwise;
• Ensure vessel DA files to MSC Regional office are on schedule;
• Identify and issue Supplementary Debit Note/Credit Notes for DA, if any;
• Attend to Principal’s queries on Disbursement Accounts and liaise with Subagents to clear queries;
• Related tasks as assigned, including back-up to others during their absence.

Reporting and Deliverables to Management (unless stated otherwise)

• Provide weekly performance on Provision Vessel Expenses;
• Monthly reconcile on all Cost Control suspense account;
• Analyse & provide update on cost performance.

Systems and Process Improvement

• Raise System (System Request Queue) to fix bugs on-time.

Team Management and Development

• Supervise, train and guide Cost Control Officers;
• Check and maintain quality deliverables from direct reports.

Qualifications

Who We Are Looking For

• Minimum Diploma or Degree in Accountancy / Finance / Accounting Professional qualification (ie ACCA, CPA or equivalent;
• Minimum 3 to 5 years of relevant work experience in maintaining and executing accounting controls and reporting;
• Minimum 2 years SAP system experience hands-on in end-to-end Voyage Expenses Accounting Process;
• Good knowledge of IFRS and SFRS accounting standards;
• MS Office:
  • Intermediate MS Excel for intelligent data massaging skills
  • Intermediate MS Word and MS Outlook
• Problem Solving / Analytical skills;
• Team Player with great people and time management qualities;
• Adaptable individual;
• Meticulous with an eye for details;
• Strong Communication & Presentation skills, both written & verbal.

Other Information

If you are up for the challenge, you could be our new colleague!

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