Posted Jul 03, 2026 136 views
Octonaut Shipping Line seeks a diligent and detail-focused Finance Executive to become an integral part of the Finance Department. The ideal candidate possesses strong expertise in Statement of Account (SOA) checking, customer and vendor reconciliations, and familiarity with shipping finance operations. This role demands meticulous financial oversight through handling account reconciliations, resolving discrepancies, and supporting financial reporting functions tailored to the shipping industry's unique needs. The position requires an individual capable of independently managing diverse financial tasks while working collaboratively across multiple departments including Operations, Customer Service, Documentation, and Sales to ensure seamless billing and account management processes.
This role does not involve team management; however, it requires excellent organizational and communication skills to coordinate with different teams, ensure compliance with financial policies, and contribute to the finance functions continuous improvement. The Finance Executive is responsible for accurate financial record keeping, timely month-end closing activities, and assisting internal and external audits by providing necessary documentation. This position demands a candidate with 2 to 5 years of relevant experience in finance, accounting, or commerce, preferably within the Shipping Line, Freight Forwarding, or Logistics sectors, equipped with strong analytical capabilities and advanced proficiency in Microsoft Excel and ERP/accounting software.
Responsibilities
- Verify and reconcile customer Statement of Accounts (SOA) to ensure accuracy and completeness.
- Perform detailed customer and vendor account reconciliations to maintain accurate financial records.
- Identify and resolve invoice, payment, and account discrepancies proactively to prevent delays.
- Monitor outstanding receivables and conduct timely follow-ups on overdue payments to maintain cash flow.
- Prepare and review aging reports and account reconciliation reports to support financial analysis.
- Collaborate with Operations, Customer Service, Documentation, and Sales teams to resolve billing issues efficiently.
- Process financial transactions including receipts, credit notes, debit notes, and apportioned adjustments.
- Ensure precise financial record keeping and execute month-end closing activities within stipulated timelines.
- Maintain strict adherence to company financial policies and procedures to uphold compliance standards.
- Support internal and external audit processes by providing necessary documentation and explanations related to financial transactions and reconciliations.
- Apply strong analytical skills to investigate and report on financial variances and discrepancies.
- Utilize Microsoft Excel functionalities such as VLOOKUP, Pivot Tables, and XLOOKUP to manage and analyze financial data.
- Operate ERP or accounting software proficiently to record financial transactions and generate reports.
Skills
Octonaut Shipping Line
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