Our client, a fast-growing international shipping and trading business backed by reputable investors, is looking to hire a Bulk & Shipping Finance Director to lead the finance function and partner globally with teams in Singapore, Dubai, and Miami.

Key Responsibilities:

• Set up core finance function: Implement accounting systems, internal controls, and reporting structures from day one.
• Treasury operations: Establish treasury in Singapore; oversee bank account structures, liquidity management, daily cash positioning, and intercompany cash flows.
• Cash flow forecasting: Build robust short- and medium-term cash flow models to manage working capital and support investor visibility.
• Financial reporting: Deliver timely management accounts, variance analysis, and consolidated financial statements under IFRS.
• Management accounting: Provide reporting on voyage economics, charter party performance, and trading desk results.
• Hedge accounting & derivatives: Implement hedge accounting processes and ensure compliance in reporting for fuel hedges, FX exposures, and derivative contracts.
• Audit & compliance readiness: Prepare the company for external audits and investor due diligence, ensuring all records and processes are compliant from the outset.
• Investor reporting: Develop monthly and quarterly packs for VC investors, including P&L, balance sheet, and cash flow statements.
• Governance & risk control: Put in place policies for authorisations, payment approvals, and financial risk management.
• Cross-functional partnering: Support commercial heads in Singapore, Dubai, and Miami by linking financial data to operational decision-making.

Requirements:

• Experience: 10+ years in a back-office Finance role, focusing on Treasury, accounting and reporting.
• Sector Exposure: From a bulk shipping business or trader with a shipping arm.
• Technical Expertise:

1. Understanding of IFRS (especially IFRS 9 for hedge accounting, IFRS 15 for revenue recognition, IFRS 16 for leases).
2. Voyage accounting: freight, hire, bunkers, demurrage, and port costs.
3. Treasury management: multi-currency cash management, liquidity planning, bank facilities, and guarantees.
4. Hedge accounting: fuel hedges, FFAs, and FX risk management.
5. Experience with vessel financing (debt, leasing, sale & leaseback).
6. Proficiency in financial systems/ERP, ideally with exposure to shipping platforms (e.g. IMOS/Veson).

• Location: Singapore with potential travel requirements to Dubai and Miami.
• Soft Skills:

1. Hands on leadership due to the lean framework of a new business
2. Entrepreneurial mindset, experience in a growing business.
3. Coss cultural communication, international experience would be beneficial