COMPANY DESCRIPTION
BW LPG is the world's leading owner and operator of LPG vessels, owning and operating a fleet of more than 50 Very Large Gas Carriers (VLGCs) with a total carrying capacity of over 4 million CBM. With five decades of operating experience in LPG shipping, an in-house LPG trading division and investment in onshore LPG infrastructure, BW LPG offers trusted and reliable services to source and deliver LPG to customers. Delivering energy for a better world - more information about BW LPG can be found at https://www.bwlpg.com.
BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 450 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, and water treatment.
DESIGNATION : [Mumbai] Assistant Manager, Finance (AP & Treasury)
RESPONSIBILITIES
Role Summary
This role is responsible for AP and Treasury activities for Indian entities of BW LPG.
Key Responsibilities
- Manage the end-to-end accounts payable process, including vendor master data, vendor invoice processing, payroll accounting, and vendor and other payments, ensuring timely and accurate processing. Maintain a sound understanding of GST/FEMA implications on vendor settlements.
- Review vendor accounts periodically to ensure there are no unexplained or outstanding items, and follow up on vendor advances for timely closure. Ensure proper housekeeping of vendor master data and vendor accounts. Perform regular reconciliations of major vendors with recurring transactions and follow up on pending vendor invoices based on GSTR-2B reports.
- Manage end-to-end treasury operations, including banking operations, liaison with banks on various banking and treasury requirements, account maintenance, dividend payments, etc. Oversee loan management activities, including interest reviews, interest and loan instalment payments, liaison with lenders on changes or amendments, prepayments, etc.
- Support cash management activities, including short- and long-term cash forecasting and other reporting requirements.
- Assist with month-end closing and finalisation activities, including prepayments, accruals, interest accounting, and related reporting.
- Assist in identifying risk exposures related to managed activities and recommend appropriate control measures to mitigate risks in accordance with risk management principles, frameworks, and processes. Identify opportunities for process and system improvements and participate in system implementation projects.
QUALIFICATIONS
- Degree in Finance, Accounting, or a related discipline from a recognised university, with a strong academic track record.
- Minimum 10 years of relevant work experience, preferably with experience in accounts payable and treasury/banking activities.
- Proficient in Microsoft Word, Excel, and ERP systems, preferably Oracle.
- Strong attention to detail and excellent communication skills.
- A team player with a positive and collaborative attitude.
- This is an onsite role based in Mumbai, India.
OTHER INFORMATION
Only shortlisted candidate will be notified.
