With multiple financial transactions it is of great importance to create a good overview. The basis for accurate financial statements and cash-flow planning.
Such planning is of great importance to be able to meet all the financial obligations. The most important tasks of the Accounting department is to process and pay the invoices, check and book the actual freight revenues and to maintain and check the financing costs.
Through a clear financial overview and a good communication it is possible for the Accounting department to maintain a good relationship with all concerning parties, even during financial difficult periods.
Through our automated systems we are constantly able to supply up-to-date information on the financial situation of all vessels in our Fleet. The responsibility for financial reporting is with the Controlling department.
Reviewing periodic reports (monthly reports, quarterly figures and the annual reports) is one of the tasks of this department.