Monitor and optimize operating costs across a portfolio of vessels, analyzing standard-versus-actual variances at granular levels. Prepare financial insights, budgets, forecasts, KPI reports, and management review materials. Review purchase order backlogs, variation orders, accruals, and project recharges while partnering with vessel and operational managers to challenge performance and support financial decision-making.
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
Royal Ocean Marine Enterprise Pte Ltd Singapore Office
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