Assistant Accounts Manager

As an Assistant Accounts Manager at BSM, you will be responsible in controling the efficient accounting operation of the SMC and handles all accounting activities in order to ensure the compliance of the SMC with the local tax and accounting legislation and standards. Oversees the completion of ledger accounts and controls that the accounting department operates under the relevant procedures and processes of BSM.

Key Responsibilities

• Reviews all ship-owner financial statements and other accounting reports, ensuring they are timely and accurately prepared in accordance with relevant client contracts and agreements, to maintain compliance with accounting procedures, obligations, and respective flag ownership legislation.
• Reviews monthly technical variance reports and cash position statements for vessels under SMC's management, and handles the prompt settlement of all vessel-related accounts/payments (e.g., invoices, crew payroll), supporting smooth vessel operations.
• Assures that accounting records are prepared and maintained in line with BSM accounting policies, chart of accounts, and related accounting principles and practices, ensuring subordinate ledgers reconcile with the general ledger. Safeguards effective implementation and maintenance of management accounting systems to provide prompt and adequate cost and financial information for control and evaluation.
• Monitors the effective implementation and maintenance of management accounting systems, ensuring timely and adequate information on costs and financial transactions for performance control and evaluation.
• Contributes to the handling and forecasting of SMC's weekly, monthly, quarterly, and annual cash flow, supports preparation of cash flow reports, and collaborates with other departments to forecast future cash flow requirements, enhancing efficient operations and fair utilization of financial resources.
• Monitors and controls the timely and accurate execution of payments due, identifies potential discrepancies, and provides analytical reporting to SMC management, liaising with relevant departments for resolution to strengthen company cash flow.
• Ensures accurate issuance of invoices and cheques, and their prompt execution, to comply with payment obligations and contractual agreements.
• Coordinates and develops all required tax and financial statements according to schedule, ensuring timely submission for review to comply with local legislation and company standards.
• Participates in external and internal audits, providing required information to auditors for accurate and fast execution, and follows up on corrective actions.
• Keeps up-to-date with changes in accounting legislation, reviews departmental operations, and proposes improvements in policies, procedures, and guidelines. Upon approval, implements enhancements to ensure smooth workflow and compliance with local and international accounting standards.
• Coordinates, coaches, and motivates subordinates through training, development, performance management, and salary progression, ensuring staff have the knowledge, skills, and support to perform effectively and contribute to the department's short- and long-term objectives.
  
  

Education & Qualifications:

• University degree in Finance or Accounting or equivalent, ideally a licensed CPA
• At least 8-10 years of work experience, ideally in Ship Management
  
  

Job-Specific Skills:

• Knowledge of automated financial and accounting reporting systems
• Good Knowledge of Maritime Accounting legislation
• Ability to analyse financial data and prepare financial reports, statements and projections.
• Advanced analytical and conceptual thinking
• Attention to detail
• Excellent interpersonal and communication skills
• Knowledge of the local/regional maritime market conditions
• Very good people management skills
• Knowledge of the maritime legal framework e.g. employers obligations, recruitment prerequisites etc.
• Fluency in English
  
  

Why You Should Join Us!

We offer a supportive environment, competitive compensation, and meaningful opportunities. By joining us, you will enjoy:

Benefits

• Retirement Benefit
• SSS, PagIbig, PhilHealth Contributions Employer's Share
• Medical Insurance (HMO)
• Life Insurance
• Free Uniform
• Free Office Lunch
• Pro-rated Sick Leave and Vacation Leave on Day 1
• 18 Days Vacation Leave per annum (increasing every 5 years of service by 1 day up to 22 days
• 21 Days Sickness Leave per annum
  
  

Administrative Benefits

• Hybrid setup
• Compassionate Leave 3 Day – Immediate Family; 1 Day - Extended Family
• Maternity/Paternity Leave
• Birthday Leave
• Birthday Allowance of Php 1,500
• Medical Reimbursement-Php 750 per month; Php 9,000 per annum
• Wedding Gift
• Eyeglasses worth Php 3,000 upon regularization