Job Description

MAJOR ACTIVITIES/DELIVERABLES

Vessel-by-vessel P&L analysis, variance analysis and provide insights on line item performance

Implement revenue early trend analysis and red-flag analysis (idle fleet), quarterly initiatives review for MCV

Receivable control – a complete ownership of the receivables and recovery

Balance sheet reviews

Cashflow analysis and delivering cash sufficiency analysis

Design short route financial models for pricing decision

Competition benchmarking - market research

Review the Charter Party / Contracts and highlight clauses / provisions which should requires specific sign-offs from the Ex-Com; further summarize the revenue maximization opportunities (Demurrage, Bunker claims etc.) on existing as well as upcoming contracts

Ensure that the billing summary is reviewed and implement efficiency / improvement in billing and receivable collection

Strengthening operational and financial processes (order to cash, contract management, country risk management /credit policy etc.

Implement robust financial controls and compliance procedures

Proactively lead select commercial and cost excellence projects - review bunkering, port charges

Support Head of Business Performance for MCV valuation (retain or sell analysis) or strategic decisions (JV structuring options, agencies etc.)

Create handy data book for Corporate Finance Controller/Head of Business Performance on key metrics / performance (excel repositories and dashboards)

Support the Budgeting and quarterly reforecast process (setting excel templates, analysis, engagement with cross-functional teams etc.)

Finance support for the bi-weekly / monthly review calls

Active participation in daily operational / commercial meetings and being single point of contact for commercial – operational stakeholders (Finance representative)

SELECTION CRITERIA

Qualification in Finance domain, with proven experience in a similar role for at least 2 to 3 years

Strong financial acumen with a solid understanding of accounting principles and analytics.

Proficiency in Microsoft Office suite, advanced Excel required. Advanced knowledge of financial modelling and data analysis tools (e.g., Excel, Power point, Power BI).

Strong analytical and problem-solving skills. Excellent communication and interpersonal skills.

Ability to work independently and as part of a team

COMMUNICATION AND WORKING RELATIONSHIPS

Functional Managers, Operational Teams, Department Heads, and Finance Teams across the organization, Senior Leadership and Executive Committees, Internal Auditors and Risk Management Teams.

Tax Consultants, External Auditors, Vendors, Contractors, and Suppliers, Banking Institutions, Financial Advisors, and Insurance Providers, Regulatory Bodies, Government Agencies, and Legal Advisors, Customers and Investors (if applicable).

Compliance with POML Safety & Business Management System which include but is not limited to:

MCV Finance Business Partner