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Team Lead - Vessel Accounting

Wilhelmsen
NewPosted yesterday

LOCATION

Mumbai · Onsite

EXPERIENCE

5+ Years

TYPE

FullTime

SKILLS REQUIRED

Vessel AccountingFinancial ReportingVariance analysisStakeholder Management

Job description

Overview

Lead the Vessel Reporting team in delivering accurate, timely vessel financial reports, maintaining compliance with management agreements, and serving as the key liaison between Vessel Accounting, Fleet Management Offices, Vessel Managers and Owners.

What you'll do

  • Lead and supervise the Vessel Reporting team to deliver 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.
  • 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.
  • 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.
  • Identify opportunities for process standardization and automation, and strengthen internal controls.
  • 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.
  • 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.

What you'll need

  • Degree in Accounting, Finance, Banking and/or Commerce.
  • Minimum 5 years of working experience in a related field.
  • Experience in managing others.
  • Experience managing reporting for multiple vessel portfolios and stakeholders.
  • 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.

Nice to have

  • 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.

Details

  • Work location: Mumbai, India.
  • Application deadline: 2nd November 2026.

Read the full description and apply on the company’s own careers page.

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Team Lead - Vessel Accounting