Team Lead - Vessel Accounting

Location: Mumbai

Join our global team for a career filled with opportunities to solve challenges both small and large, local and global, simple and complex.

We are looking for a passionate and result oriented Team Lead - Vessel Accounting.

This position will be working with Wilhelmsen Ship Management, 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. With a pool of more than 14,000 seafarers and over 900 shore-based employees all over the world, Wilhelmsen Ship Management is one of world’s largest third-party ship managers with a portfolio of more than 450 vessels and counting.

Purpose

The Team Lead – Vessel Reporting is responsible for overseeing the day-to-day vessel reporting activities, ensuring timely and accurate financial reporting, maintaining compliance with management agreements and reporting requirements, and leading a team of vessel reporting executives. The role acts as the key liaison between Vessel Accounting, Fleet Management Offices, Vessel Managers, Owners, and other stakeholders to ensure efficient reporting operations and continuous process improvements.

Main responsibilities

Operational Management

• Lead and supervise the Vessel Reporting team to ensure delivery of accurate and timely financial reports.
• Review monthly and quarterly vessel management accounts, cash flow statements, SOA schedules, and supplementary reports.
• Ensure compliance with owner reporting requirements, management agreements, and internal procedures.
• Monitor reporting timelines and ensure all deliverables are submitted within agreed deadlines.
• Support vessel reporting activities across multiple management offices and client portfolios.

Financial Reporting & Analysis

• Review vessel operating results and perform variance analysis against budget and prior periods.
• Analyze vessel expenditures, accruals, provisions, and balance sheet reconciliations.
• Review cash flow forecasts and funding requirements.
• Monitor outstanding receivables, payables, and owner account balances.
• Provide management insights and recommendations based on vessel financial performance.

Stakeholder Management

• Act as the primary contact for Vessel Managers, Fleet Managers, Owners, and Regional Finance Teams.
• Respond to client queries relating to vessel management accounts and financial reports.
• Coordinate with Accounts Payable, Treasury, Vessel Accounting, Procurement, and Technical Management teams for issue resolution.
• Present financial reporting outcomes and analysis during stakeholder meetings when required.

Process Improvement & Controls

• Identify opportunities for process standardization and automation.
• Strengthen internal controls to improve reporting accuracy and efficiency.
• Lead implementation of new reporting requirements and system enhancements.
• Develop and maintain SOPs, reporting templates, and knowledge management documentation.
• Ensure adherence to company policies, audit requirements, and compliance standards.

Quality Assurance

• Perform final review of key vessel reports before submission.
• Monitor reporting quality through regular audits and KPI tracking.
• Drive continuous improvement initiatives to reduce reporting errors and improve turnaround times.

Qualifications

• Mandatory requirements
• Degree in Accounting, Finance, Banking and/or Commerce.
• Minimum 5 years working experience in a related field.
• Have experience in managing others.
• Experience managing reporting for multiple vessel portfolios and stakeholders.
• undefined

Additional preferences

• Strong understanding of vessel management accounting principles.
• Knowledge of vessel operating expenses (OPEX), CAPEX, dry-docking, and owner reporting.
• Experience with SAP and vessel management systems.
• Advanced MS Excel and financial analysis capabilities.
• Strong reporting and presentation skills.

Competency Requirement

• Excellent leadership and people management skills.
• Strong communication and stakeholder management abilities.
• Analytical mindset with attention to detail.
• Ability to manage multiple priorities under tight deadlines.
• Continuous improvement orientation.
• undefined
• Work Location: Mumbai, India
• Application deadline: 2nd November 2026

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