Accounts Executive

About Us

Wilhelmsen Ship Management is one of the world’s largest third-party ship managers originated from Oslo, Norway with over 20,000 employees including our seafarers with a portfolio of more than 450 vessels and counting. 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.

Job Summary:

We are currently looking for Accounts Executive who will be supporting the WSM Accounting and Finance Shared Services. The role involves managing vessel finances by preparing fund requests, posting bank entries, and performing monthly reconciliations. Key tasks include verifying payroll, expenses, and documentation, posting journal entries, and reconciling balance sheet items. The position also prepares and submits financial reports, maintains proper records, and ensures accurate budget follow-up and compliance with deadlines.

Position: Accounts Executive

Location: Menara 1 Sentral - Kuala Lumpur

Report to: Accounts Team Lead and/or Accounts Assistant Manager

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 acc, 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 - a few examples are given below:

- Advances

- Accounts Payables

- Crew Balance of Wages

- Allotment

- Cash to Master

- Open P.O. lists

- Other balance sheet items

• Verifying figure accuracy in online reporting.
• Performing analytical review before submission to Management Centers.
• Preparing and submitting of monthly reports for vessel owners within the deadlines.
• Ensuring supporting documents are adequate and complete.
• Maintaining a proper filing for financial statements, bank statements, budgets, other correspondence etc.
• Preparing of budget follow up report (comparison of actual against budget figures) where applicable.

What Experience and Skills Required:

Mandatory requirements

• Degree in accounting and/or finance or equivalent in professional accounting body
• Minimum 1 year working experience in a related field

Additional preferences

• Proficient in MS office applications especially MS Excel
• Good command of English

Become a valued member of our team, where every day presents new opportunities for learning and development. Sound interesting? Click "APPLY" now to embark on a rewarding career journey!

#WSM #LI-POST

Job Types: Full-time, Permanent

Pay: Up to RM6,000.00 per month

Schedule:

• Monday to Friday