Yachting Ecosystem is dedicated to fostering a thriving yachting sector within the company. Company is launching two primary business lines: i) Bunkering (Yacht refueling) and ii) Yacht repair and maintenance. To effectively manage commercial and financial aspects of these operations and ensure compliance with internal and statutory requirements, Company seeks a skilled GM or Senior Manager.
Years of Experience: 7-10 years
Professional Experience:
· Extensive experience in financial management and control within commercial operations, demonstrating a successful track record in developing and executing financial strategies.
· Proficiency in managing day to day financial and accounting needs of an ongoing business
· Proficiency in creating and managing the budget and getting necessary approvals for the same
· Proven ability to engage with stakeholders across various organizational levels, ensuring clear communication and alignment.
· Familiarity with budgeting, forecasting, accruals, and procurement practices.
· While prior experience in the yachting industry is advantageous, experience in shipping, particularly in managing bunkering operations, is also highly relevant.
Scope of Work:
· Oversight of the day-to-day financial operations of Companies commercial activities, encompassing Bunkering and Yacht repair and maintenance.
· Monitoring service levels and Key Performance Indicators (KPIs) outlined in operator contracts, providing actionable insights based on performance assessments, especially from a financial perspective
· Create, follow-up and get approvals on budgets
· Manage the accruals, accounts payables and receivables, flag any issues in advance and solve for them
· Preparation of annual budgets, analysis of expenditure variances, and initiation of corrective actions.
· Management of inventory data and analysis, especially accounting for the losses, develop rationale and support central accounting functions in their statutory requirements.
· Contribution of financial insights and recommendations to strategic planning processes.
· Ensure that the Yachting Ecosystem’s business lines are compliant with central finance and accounting policies
· Ensure timely adherence to statutory financial requirements (monthly reporting)
· Proactive problem identification and resolution within financial operations.
Engagement Mode:
· On-site presence at company sites.
· Rolling engagement with monthly remuneration.
· This role presents a unique opportunity to lead the financial aspects of Companies emerging yachting ecosystem, contributing to its growth and success in the global maritime industry
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