Finance Director (Dry Bulk Chartering & Shipping MNC)

Overview

Financial Operations & Control

• Lead end-to-end financial operations, including receivables, payables, banking, and cash management, ensuring optimal working capital utilization.
• Ensure timely and accurate financial close in compliance with corporate reporting standards.
• Maintain a strong internal control environment, ensuring adherence to statutory, tax, and regulatory requirements.
• Oversee treasury activities, including liquidity planning and cash flow optimization.
• Manage financial risks, including foreign exchange exposure, counterparty risk, and governance frameworks.

Performance Management & Reporting

• Lead the preparation of monthly and quarterly financial reports, including variance analysis against budget and forecast.
• Provide actionable insights on business performance, identifying key drivers and recommending corrective actions.
• Develop and maintain performance dashboards (TCE vs Breakeven, EBITDA bridge, cash flow indicators).
• Ensure data accuracy and integrity through reconciliation across operational systems and ERP (Oracle Fusion).

Commercial & Strategic Support

• Monitor and analyze P&L performance across business segments (In house, Third-party, Bareboat).
• Drive voyage-level financial analysis, including TCE and contribution margins.
• Support commercial and chartering decisions through financial modelling and scenario analysis.
• Track freight benchmarks against market indices and evaluate commercial performance.
• Lead budgeting, forecasting, and long-term business planning processes.
• Evaluate capital investment opportunities, including vessel acquisitions and disposals, using financial appraisal techniques (DCF, IRR, payback).

Risk Management And Hedging

• Oversee management of market and financial risks, including FFA, bunker, FX, and credit exposures.
• Ensure hedging strategies are aligned with underlying business activities and risk management policies.
• * Monitor market developments and recommend risk mitigation strategies.

Board & Executive Support

• Lead the preparation of Board and shareholder reporting materials
• Provide forward-looking financial analysis, scenario planning, and strategic insights.
• Act as a trusted finance business partner and advisor to senior leadership, including the CEO.

People Management

• Lead and develop the finance team, ensuring high-quality, timely data for decision-making.
• Set clear KPIs, conduct performance reviews, and foster a culture of accountability and continuous improvement.
• Drive succession planning and capability building aligned with evolving business needs.

Ideal Candidate Requirement

• CA/CPA or other equivalent qualifications with 12–15+ years of progressive finance experience, preferably in shipping, logistics and having in depth knowledge on chartering vessels in the dry bulk industry.
• Strong commercial acumen with a solid understanding of dry bulk freight markets.
• Proven track record in business planning, budgeting, forecasting, and long term (5-year) strategic planning.
• Demonstrated expertise in profitability analysis, cost optimization, and supporting commercial strategy.
• Sound knowledge of statutory audits, tax compliance, and regulatory reporting requirements.
• Hands-on experience in financial operations and modelling across AR, AP, banking, and cash management.