Vessel Controller
OSM Thome, Zadar, Croatia On-site
Responsibilities
The Vessel Controller is responsible for financial reporting, budgeting, and forecasting for a fleet or group of vessels/customers. This role ensures financial accuracy, compliance with OSM Thome standards, and alignment with customer expectations. The Vessel Accounting Controller liaises closely with technical and operational teams, provides strategic financial insights, and ensures sufficient funding and working capital management. Additionally, this position provides training and feedback to vessel accountants to drive process improvements.
Duties
1. Financial Reporting & Variance Analysis:
- Prepare and submit financial reporting for assigned fleet/customers, ensuring accuracy and timeliness.
- Review actual vs. budget performance, identifying overspending and improvement areas.
- Make accruals for missing costs based on trend analysis, prepayments, and supporting systems (e.g., Eye-share).
2. Liaison & Coordination with Technical & Operations Teams:
- Provide relevant financial insights to the technical team and ensure financial report completion.
- Conduct monthly financial meetings with Technical and Operations teams to review vessel performance.
- Ensure that financial reports include proper comments before being shared with external customers.
3. Customer Interaction & Support:
- Follow up and respond to customer queries regarding financial reports and budget variances.
- Ensure that customer financial requirements (budgeting, forecasting, reporting) are met in a timely manner.
4. Fund Management & Working Capital Monitoring:
- Ensure sufficient funding is requested and follow up on collections.
- Send first reminders for outstanding funding payments.
- Monitor working capital levels, requesting additional funding when necessary.
5. Budgeting & Forecasting:
- Prepare and oversee budgeting, forecasting, and financial planning for assigned vessels/customers.
6. Team Training & Process Improvement:
- Provide training and feedback to vessel accountants, ensuring compliance with OSM Thome standards.
- Identify and implement process improvements to enhance efficiency and accuracy in vessel accounting.
- The job description is not designed to cover or contain a comprehensive listing of duties. These may change, or new ones may be assigned, with notice, at any time.
Required Qualifications and Experiences:
- Education: Bachelor’s degree in Accounting, Finance, or a related field; CPA, ACCA, or equivalent certification preferred.
- Experience: Experience in vessel accounting, with a minimum of two years in a supervisory or financial control position. Candidates without prior experience may also be considered, provided they demonstrate a strong willingness to learn and a positive attitude.
- Industry Knowledge: Strong understanding of ship management financial reporting, working capital management, and customer financial requirements.
- Financial & Analytical Expertise: Strong ability to analyze financial data, identify variances, and make strategic recommendations.
- Communication & Stakeholder Management: Ability to liaise effectively with customers, technical teams, and operations teams.
- Problem-Solving & Decision-Making: Proactive approach to resolving financial issues and optimizing vessel performance.
- Time Management & Organization: Ability to manage multiple reporting deadlines and priorities.
- Technical Proficiency: Experience with financial software (SAP, Oracle, or maritime ERP systems), Excel, and financial modelling.
- Leadership & Mentorship: Ability to train and guide vessel accountants to maintain high reporting standards.
Core Values:
- Safety
- Transparency
- Relationships
- Innovation