Senior Executive Finance - Shipping Line

The Senior Executive—Line Person is responsible for managing financial transactions, reconciliations, and accounts related to shipping lines. This includes handling line payables/receivables, freight settlements, and ensuring accurate and timely financial dealings with shipping partners.

Key Responsibilities:

1. Shipping Line Financial Management

• Manage accounts of shipping lines (payables & receivables).
• Process payments to shipping lines, including freight, detention, demurrage, and other charges.
• Ensure timely settlements to avoid service disruptions.

2. Invoice Verification & Processing

• Verify invoices received from shipping lines against agreed tariffs and contracts.
• Ensure accuracy of charges (freight, THC, documentation, etc.).
• Process invoices in the system after validation.

3. Reconciliation

• Perform periodic reconciliation of shipping line statements.
• Identify discrepancies and coordinate with lines for resolution.
• Maintain updated and accurate ledger balances.

4. Coordination with Operations

• Work closely with operations and documentation teams for shipment validation.
• Ensure all financial entries align with actual shipment data.
• Resolve billing issues related to shipments.

5. Receivables Management

• Track receivables from clients related to line charges.
• Follow up for outstanding payments and ensure timely recovery.
• Coordinate with clients and internal teams for payment clearance.

6. Reporting & Analysis

• Prepare reports on line-wise expenses, profitability, and outstanding balances.
• Assist in budgeting and forecasting of shipping line costs.
• Provide insights for cost optimization.

7. Compliance & Audit

• Ensure compliance with company policies and financial regulations.
• Maintain proper documentation for audit purposes.
• Support internal and external audits.

Required Qualifications:

• Bachelor’s degree in Finance, Accounting, or Commerce (BBA / B.Com / ACCA part-qualified preferred).
• 3–5 years of experience in shipping, logistics, or freight forwarding finance.

Job Type: Full-time

Work Location: In person