Accounts Manager is responsible for maintaining accurate financial records, overseeing the timely processing of payments and receipts, and ensuring compliance with statutory and corporate requirements. Its key objective is to manage the Company’s financial transactions efficiently, optimize fund utilization, and contribute to cost control and financial transparency.
Responsibilities:
Overall, in-charge of Finance Department and responsible for day-to-day functioning. Supervises Accountants.
To act as a bridge between management and Accounts staff for carrying out finance policies. Credit control – to monitor balance in each vessel’s account.
To effect timely payment for invoices of the suppliers and while doing so to ensure that the agreed credit period is allowed for.
To maintain company accounts.
To ensure timely preparation of monthly statements of accounts for owners for funding. To consolidate accounts of overseas office for the group
To ensure monthly funds request are sent in time to particular Owners and such funds are received in time. To reply to queries regarding finance matters raised by Owners and vessel staff.
To execute allotments and Cash to Master transactions
To ensure strict adherence with company’s corporate compliance initiatives and processes. To supervise effective operation of accounting software.
To monitor the fulfilment of statutory requirements of overseas offices, tax filing and company annual return filing.
Ensure annual preparation, consolidation, audit and filing of financial statements as per Generally Accepted Accounting Principles (GAAP) for all the companies within the group.
