Job Description

Ostrol Middle East Marine Co. LLC. is a leading company in the maritime industry, providing innovative solutions and services in shipping, logistics, and marine operations. Our goal is to maintain excellence in operational efficiency and financial management. We are currently looking for a skilled and motivated Admin to join our team who can handle accounts as well.

•Job Overview•:

The Accountant/ Admin will play a crucial role in managing financial operations, ensuring accuracy and compliance with financial regulations, and contributing to strategic financial decision-making. The ideal candidate should have a strong background in accounting, a keen eye for detail, and experience in the marine or logistics sector.

•Key Duties and Responsibilities•:

1. •Financial Record Keeping•:

- Maintain and update financial records and databases.

- Ensure accurate recording of all financial transactions, including accounts payable and receivable, payroll, and general ledger entries.

- Prepare and post journal entries, reconciling discrepancies as needed.

2. •Financial Reporting•:

- Prepare timely and accurate financial statements and reports (e.g., income statements, balance sheets, cash flow statements).

- Support the preparation of monthly, quarterly, and annual financial reports.

- Assist with budget preparation and forecasting.

3. •Compliance and Regulation•:

- Ensure compliance with local, state, and federal regulations in financial reporting and tax submissions.

- Assist in internal and external audits by providing required documentation and explanations.

4. •Cost Analysis•:

- Analyze financial data to identify cost-saving opportunities.

- Review and monitor budget adherence, identify variances, and suggest corrective measures.

- Evaluate financial aspects of projects, such as cost analysis for vessel operations and maintenance.

5. •Cash Flow Management•:

- Monitor daily cash flow and cash management processes.

- Prepare cash forecasts and manage bank accounts.

- Optimize the working capital cycle for operational needs.

6. •Asset Management•:

- Track and manage assets, including vessels and equipment, ensuring proper accounting for depreciation and capital expenditures.

- Maintain detailed asset records and oversee periodic asset audits.

7. •Invoice and Payment Processing•:

- Review and process vendor invoices and ensure timely payment.

- Manage accounts receivable, including invoice generation, follow-ups, and collections.

- Maintain relationships with vendors and customers to resolve payment discrepancies.

8. •Financial Analysis and Strategy•:

- Assist in financial analysis to provide insights and support strategic decisions.

- Collaborate with the management team to implement financial policies and strategies to enhance profitability.

- Provide financial insight to support contract negotiations and business expansion.

9. •Collaboration and Reporting•:

- Work closely with other departments (e.g., operations, logistics, HR) to gather financial data and support cross-departmental projects.

- Report directly to the Finance Manager or CFO and provide support as needed for special projects and tasks.

•Qualifications and Skills•:

- Bachelor's degree in Accounting, Finance, or related field. Master's Degree is a plus.

- Minimum of 2 years of experience as an Accountant especially working in Tally.

- Proficiency in accounting software (CRM Softwares, Tally) and advanced Excel skills.

- Strong understanding of accounting principles, financial regulations, and tax laws.

- Excellent analytical and problem-solving skills.

- Ability to manage multiple tasks, meet deadlines, and work independently.

- Strong communication and interpersonal skills for effective teamwork and collaboration.

•How to Apply•:

Interested candidates should submit a resume and cover letter to procurement@ostrolmarine.com

Please include any relevant certifications and experience in the marine industry in your application.

Job Type: Full-time

Application Question(s):

• Nationality and Age

Education:

• Bachelor's (Preferred)

Experience:

• Admin/ Accounting: 1 year (Required)

Language:

• English (Preferred)

Application Deadline: 12/12/2024