Position: Accounts Manager Industry: Ship Repair / Marine Engineering / Ship Maintenance Department: Finance & Accounts Experience: 5–8 years Reporting To: Management / Finance Head Location: Royapuram,Chennai Job Summary We are looking for an experienced Accounts Manager to manage the complete finance and accounting functions of a ship repair and marine engineering company. The candidate will be responsible for day-to-day accounting, project/job costing, vessel-wise expenses, customer billing, subcontractor and supplier accounts, receivables, payables, GST/TDS compliance, cash-flow management and MIS reporting .

Experience in ship repair, marine services, shipyards, offshore services or engineering companies will be preferred. Key ResponsibilitiesManage day-to-day accounting operations and ensure accurate accounting entries. Maintain vessel-wise / project-wise accounts and job costing .

Track revenue and expenses for each ship repair project. Verify material, spare parts, labour, subcontractor and service-related costs against individual jobs. Prepare and monitor customer invoices based on work orders, quotations and completed repair jobs.

Follow up on customer receivables and maintain ageing reports. Verify and process supplier and subcontractor invoices. Reconcile customer, vendor, bank and general ledger accounts. Monitor advances received from customers and advances paid to vendors/subcontractors.

Prepare job-wise profitability reports and identify cost overruns. Monitor project budgets versus actual expenses. Coordinate with the Operations, Technical, Procurement and Project teams regarding billing and costs.

Ensure all completed repair works are billed promptly. Manage cash flow, payment schedules and working-capital requirements. Prepare monthly MIS and financial reports for management. Supervise the accounts team and review their work.

Coordinate with statutory auditors, tax consultants, banks and other financial institutions. Ensure timely GST, TDS,



Income Tax and other applicable statutory compliances. Maintain proper documentation and records for audits.

Ship Repair–Specific Accounting ResponsibilitiesMaintain vessel-wise job files and cost sheets .

Account for: Marine spare parts and consumables Welding and fabrication materials Electrical and mechanical components Subcontractor charges Labour and manpower costs Crane, scaffolding and equipment hire Dock/yard-related expenses Transportation and logistics Port and marine service charges Travel and vessel attendance expenses Track material issued and consumed for each repair project. Reconcile purchase orders, material receipts, invoices and job consumption. Monitor variation orders and additional repair works for proper customer billing.

Coordinate with project managers to ensure all billable costs are captured. Review project profitability before and after completion. Monitor customer credit limits and payment terms.

Qualifications &

Skills Bachelor's degree in Commerce, Accounting, Finance or related field . M.Com / CA Inter / CMA qualification will be an advantage. 5–8 years of relevant accounting experience.

Experience in ship repair, marine engineering, shipyard, offshore, engineering or industrial project companies preferred. Strong knowledge of GST, TDS and Indian accounting standards/practices . Good knowledge of Tally / ERP and MS Excel. Strong understanding of job costing, project accounting, receivables and payables. Excellent reconciliation and analytical skills. Valuable communication and coordination skills. Ability to manage a team and work independently.

Key Performance

IndicatorsAccurate vessel/project-wise costing Timely customer billing Improved collection of outstanding receivables Accurate project profitability reporting Effective control of project expenses Timely vendor/subcontractor payments Timely GST/TDS/statutory compliance Accurate monthly MIS and financial reporting Effective cash-flow management Salary: ₹35K PM to max 45 K PM based on experience and suitability.

📌 Accounts Manager (Chennai)
🏢 THE BANYAN HR CONSULTS CHENNAI
📍 Chennai