Chief Financial Officer, ship salary

Salary for Shipboard Financial Manager

Being a Shipboard Financial Manager entails being responsible for the finances on board, and the average salary for this profession is 39 900 SEK per month. Women in this profession earn slightly more, with an average salary of 40 400 SEK. An hourly employee can expect an hourly wage of around 240 SEK, based on a working month of 166 hours.

Salary Development and Disparities

There has been a slight decrease in the average salary from 40 000 SEK to the current 39 900 SEK. The highest salary for a Shipboard Financial Manager is 45,100 SEK and belongs to a man in the public sector with a post-secondary education of three years or more. For women, the highest salary is 41,400 SEK. On the other hand, the lowest salary for a man is 35,500 SEK, and for a woman, it is 35,800 SEK, both in the public sector with a secondary education of three years.

Job Responsibilities as Shipboard Financial Manager

As a Shipboard Financial Manager, also known as a Shipboard Steward, one is responsible for the financial operations on board. Responsibilities include budgeting, procurement, inventory management, as well as monitoring and reporting financial flows. A good understanding of both finance and logistics is required to succeed in this role. Working on a ship also involves close collaboration with the rest of the crew and sometimes passengers.

Education and Qualifications

To become a Shipboard Financial Manager, a background in finance is usually required, preferably at the university level. It is also advantageous to have experience working in similar environments where logistics and finance are combined. The ability to work independently, make decisions, and solve problems is crucial.

Working Conditions and Challenges

Working on board a ship can be demanding, with long shifts and limited opportunities for time off. At the same time, it offers a unique work environment with the opportunity to travel and experience different parts of the world. It can also be challenging to manage financial control with the limited resources available on board.

Benefits and Working Conditions

The benefits for a Shipboard Financial Manager may vary depending on the employer. In some cases, this may include paid training to further develop skills, as well as the opportunity to work in an international and dynamic environment. It is also common for the employer to provide food and accommodation on board.

Future Prospects and Competition

The demand for Shipboard Financial Managers is relatively stable. There is always a need for qualified individuals to handle financial matters within the maritime industry, but competition can be tough depending on the geographical location and type of ship. Having a strong educational background and good references can be crucial to succeeding in this career.