Vessel Accountant - Dajo Energy, Lagos

A top employer is now accepting applications for this role. Role Summary:

• The Vessel Accountant will be responsible for managing the complete accounting and financial reporting of assigned vessels, ensuring compliance with company policies, international financial reporting standards, and shipping industry requirements. The role involves close coordination with technical, operations, business development, and procurement departments for the timely and accurate recording of vessel-related financial information.

Job Responsibilities: Financial Management & Reporting:

• Maintain full accounting records for each vessel, including revenues, operating costs, capital expenditure (CAPEX), and maintenance expenses.

• Track voyage costs, charter hire, fuel (bunkers), crew costs, port charges, and other vessel-related expenses.

• Ensure accurate allocation of costs and revenues to individual vessels and projects.

• Review and reconcile vessel running accounts and intercompany transactions.

• Ensure correct allocation of costs between vessels, departments, and cost center’s

• Prepare weekly, monthly, and quarterly management reports including variance analysis (Budget vs Actual), and board-level financial reports relating to marine operations.

• Prepare and maintain GLs, Trial Balance, and annual financial reports.

Budgeting & Forecasting:

• Preparation of annual vessel budgets and rolling forecasts.

• Monitor budget utilization and highlight deviations or cost overruns.

• Support management in vessel performance analysis and cost optimization initiatives.

• Conduct financial performance analysis for each vessel, including utilization, cost per operating day, and profitability metrics.

• Support commercial evaluations of charter rates, contract pricing, and operational decisions.

• Support long-term financial planning for vessel acquisitions, upgrades, dry-docking, and disposal.

Asset & CAPEX Accounting:

• Maintain vessel fixed asset registers and depreciation schedules.

• Account for dry-docking, major repairs, and capitalized vessel costs.

• Support evaluation of vessel impairment and asset valuation when required.

Invoicing & Payment Management:

• Timely preparation of invoices for vessel services, charter hires, and projects.

• Review and verify vendor invoices, delivery notes, and service completion certificates.

• Process vessel payments, ensuring compliance with internal approval matrix and banking procedures.

• Coordinate with the purchasing and technical teams to ensure proper documentation for payments.

• Prepare receivables and payables rep...