Account Executive

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About Us

Wilhelmsen Ship Management is one of the world’s largest third-party ship managers originated from Oslo, Norway with a portfolio of more than 450 vessels, a pool of more than 14,000 seafarers and over 900 shore-based employees all over the world. Our employees are working with a comprehensive global maritime group providing over half of the merchant fleet with essential products and services, along with supplying crew and technical management to the largest and most complex vessels ever to sail. We offer a culture and vibrant work environment of strong leadership, collaborative, career development, work-life balance and a job that is both challenging and stimulating. All team members are empowered with the freedom to influence each other as long it complies with our Company’s values and vision.

What You'll Responsible For

• Preparing funds request to vessel owners and update funds schedule on a monthly basis.
• Posting bank related entries via FEBA for non-open item payments.
• Performing vessel bank reconciliation on a monthly basis.
• Verifying payroll entries on a monthly basis.
• Verifying opening balances of onboard cash accounts, provision and bond stores.
• Verifying all purchases made with cash onboard are supported by original receipt.
• Verifying all expenses are supported with proper documents.
• Preparation of requisition forms for payment.
• Posting entries from manning agent disbursement in the accounting system.
• Ensuring expenses are coded accordingly and approved by relevant Crewing Manager, Vessel Manager and Fleet Manager where appropriate.
• Posting appropriate journal entries (accruals, adjustments, amortization, etc.).
• Verifying the Gard Insurance distribution.
• Reconciling vessel balance sheet items on a monthly basis – examples include Advances, Accounts Payables, Crew Balance of Wages, Allotment, Cash to Master, Open P.O. lists, and other balance sheet items.
• Verifying figure accuracy in online reporting.
• Performing analytical review before submission to Management Centers.
• Preparing and submitting monthly reports for vessel owners within deadlines.
• Ensuring supporting documents are adequate and complete.
• Maintaining a proper filing for financial statements, bank statements, budgets, other correspondence, etc.
• Preparing budget follow-up report (comparison of actual against budget figures) where applicable.

What Experience and Skills Required

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