Manager - Accounts

Vessels’ Accounting
Management

1

Reviews all ship-owner
financial statements other accounting reports and ensures that they are
timely and accurately prepared, in accordance with the relevant client
contracts and agreements, in order to ensure the compliance of clients’
operations with the respective accounting procedures, obligations and respective flag ownership legislation.

2

Reviews the monthly technical variance reports and the cash position
statements for vessels under SMC’s management and handles the prompt
settlement of all accounts / payments related vessels, e.g. payments of
invoices, crew payroll etc., so as to support the smooth operation of
vessels.

Management of the
Accounting Operation

3

Assures that accounting records are prepared and maintained in
accordance with BSM accounting policies, chart of accounts, and related
accounting principles and practices, and that subordinate ledgers reconcile
with the general ledger. Safeguards that all management accounting systems
are effectively implemented and maintained in order to get prompt and
adequate information concerning costs and other financial/ accounting
information, for purposes of control and evaluation.

4

Monitors the effective implementation and maintenance of all management
accounting systems, in order to provide prompt and adequate information
concerning costs and other financial/ accounting transactions, for purposes
of control and evaluation of performance.

Cash Flow

5

Contributes in the handling and forecasting of the SMC’s weekly,
monthly, quarterly and annual cash flow, supports the preparation of the cash flow reports and may
work with other departments to accurately forecast future cash flow
requirements, in order to support their efficient operation and enhance the
accurate and fair utilization of financial resources.

6

Monitors and controls the timely and accurate execution of payments due
and identifies potential discrepancies providing analytical reporting to SMC
management, while liaises with the respective department(s) for resolution of
payment, thus supporting the enhancement of the company’s cash flow.

7

Ensures the accurate issuance of invoices and cheques, as well as their
prompt execution, in order to comply with payment obligations and contractual
agreements.

Management of
Resources

8

Coordinates, coaches and motivates his subordinates, through the
appropriate training, development, management of performance and salary
progression to ensure that staff have the appropriate knowledge, skills and
support that will help them perform effectively and contribute to the
achievement of the department’s desired short and long-term objectives.