Posted 6 days ago
Cost Controller (0092 Sept 2026)
AI Summary
Monitors and optimizes operating costs for a portfolio of vessels, performing granular variance analysis and acting as a financial business partner to operational teams.
About this role
We are currently partnering with a MNC shipowner based in Singapore for the opening of
Cost Controller
About the role
Monitor, analyze, and optimize operating costs for a portfolio of vessels under ship management within an operational unit, with precise tracking of daily cost and granular variance analysis. Act as a key business partner to operational teams by challenging variances and providing clear, qualitative, and concise financial insights on vessel cost performance.
Key responsibilities
- Ensure detailed analytical monitoring of vessel operating costs (crew, maintenance, consumables, insurance, fuel, food, etc.)
- Ensure the reliability of the standard daily cost for each vessel in scope and conduct in-depth variance analysis between standard and actuals
- Work at a granular level: by vessel, by cost item, by cost breakdown, by status
- Monthly review of the PO module and backlog status (open orders, invoices not received, unmatched purchase orders) with operational teams
- Ensure rigorous monitoring of Variation Orders in both analytical tracking and contract/project recharges
- Produce qualitative and concise financial analyses to explain variances and support decision-making
- Challenge operational teams (Vessel manager, Crewing manager, etc.) on financial performance, acting as a credible and solution-oriented partner
- Participate in management reviews and contribute to budget arbitration preparation
- Work closely with accounting to ensure proper recording of accruals in line with operational activity
- Lead the preparation of vessel budgets in close collaboration with operational departments while ensuring completeness and consistency of forecasts
Requirements
Requirement
- Bachelor's degree minimum in Finance / Accounting or equivalent
- 3–8 years experience in operational controlling (maritime/industry preferred)
- Strong experience in operational cost control
- Strong accounting and analytical control skills
- Reporting and KPI production
- Advanced Excel and ERP (Oracle preferred)
- Strong analytical and organizational skills
- Business partnering and leadership
Benefits
Chan Chee Meng
EA 07C3069
R1110620
Skills
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