Finance Executive

Job Description

House of Shipping provides business consultancy and advisory services for Shipping & Logistics companies. House of Shipping's commitment to their customers begins with developing an understanding of their business fundamentals. Currently House of Shipping is recruiting for an Executive - Finance to join the team. Job Purpose: To support the Finance Department by managing monthly Statements of Account (SOAs), reconciliations, invoicing, and reporting processes related to NVOCC operations, Cross Trade, SBL, FFD, and vessel accounts. This role requires close coordination with operations, internal teams, and external partners to ensure timely and accurate financial transactions, reporting, and compliance. Roles & Responsibilities: Prepare and send monthly Statements of Account (SOAs) to liners, ensuring accurate reconciliation of opening and closing balances. Raise sales and purchase invoices for various liners based on job and billing details. Generate agency performance reports and perform variance checks to track key performance indicators and highlight discrepancies. Follow up on receivables and payables with customers and vendors to ensure timely settlements. Perform weekly reconciliation of accounts payable, customer ledgers, and vessel/voyage-related balances. Complete and share bank reconciliations and other financial reports with the relevant teams on a regular basis. Distribute weekly customer ageing reports, helping internal teams track and clear outstanding dues. Upload vessel data and reconcile related invoices, ensuring vessel account balances are accurate and cleared. Verify cost bookings and input VAT and flag any excess cost provisions for necessary action. Support the finance team during leave periods, ensuring smooth and uninterrupted financial operations. Coordination with Audit team Month-End Closures: Ensure timely and accurate month-end closures. Month-End Reporting: Prepare key reports, including: - MIS reports - P&L reports - KPI dashboards - DSO (Days Sales Outstanding) and DPO (Days Payable Outstanding) analysis Show more Show less