Senior Opex Analyst

Posted Yesterday
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Kakkanad, Ernakulam, Kerala, IND
In-Office
Senior level
Transportation
The Role
Manages operating expenditure budgets and forecasts across assigned vessels and projects. Analyzes spending variances, prepares financial reports and dashboards, supports cost modeling and tenders, validates invoices, and collaborates with technical, procurement, commercial, and finance teams. Leads cost-reduction and process-improvement initiatives, maintains financial control compliance, participates in vessel visits and audits, and coaches operational colleagues on budget ownership and spend management.
Summary Generated by Built In

As a Senior Opex Analyst at BSM, you will be responsible for managing and optimising operational expenditure (OPEX) across assigned vessels and projects, ensuring cost-effective delivery of ship management services while maintaining compliance and operational performance. The role acts as a key connector between commercial, technical and finance teams, delivering timely analysis, reporting, and recommendations to support budgetary control and continuous improvement.

Key Responsibilities

  • Develop, maintain, and report OPEX budgets and forecasts for assigned fleets or contracts, ensuring alignment with contractual obligations and company targets

  • Monitor actual spend against budget, analyse variances, identify trends and drivers, and recommend corrective actions to optimise cost efficiency

  • Prepare monthly and ad-hoc financial reports, dashboards and management information for technical, commercial and executive stakeholders

  • Collaborate with Technical Superintendents, Fleet Operations and Procurement to validate invoices, review supplier performance and ensure accurate cost allocation

  • Support contract and tender cost modelling, scenario analysis and post-award cost control activities

  • Identify and lead initiatives to reduce OPEX through process improvements, vendor negotiations, lifecycle planning and preventive maintenance optimisation

  • Maintain accurate transactional records and ensure compliance with internal controls, company policies and regulatory requirements

  • Participate in vessel visits, audits and meetings as required to validate expenditure, investigate issues and drive resolution

  • Coach and support operational colleagues on budget ownership, spend control and financial literacy

Qualifications & Experience

  • Bachelor’s degree in Finance, Accounting, Business, Maritime Studies or a related discipline, or equivalent professional qualification

  • Minimum of 5+ years’ experience in OPEX analysis, finance, controlling, or a related area preferably within ship management, shipping or maritime services

  • Practical experience working with budgets, forecasting, variance analysis and management reporting

  • Experience of interacting with technical, procurement and commercial teams in a maritime or asset-intensive environment is highly desirable

Skills & Competencies

  • Strong analytical and numerical skills with a high level of attention to detail

  • Proven ability to present complex financial information clearly to non-finance stakeholders

  • Proficiency in Excel and financial systems; familiarity with ERP or fleet management systems is an advantage

  • Problem-solving mindset, proactive approach and ability to work both independently and within cross-functional teams

  • Excellent communication skills in English and solid organisational abilities

Why You Should Join Us!

We offer a supportive, technology-driven environment, competitive compensation and meaningful opportunities for professional development. By joining us, you will benefit from:

  • On-the-job training and continuous learning opportunities

  • Exposure to the evolving maritime and energy-efficient technologies

  • Working within a diverse, collaborative team

  • Being part of the wider Schulte group family with opportunities for career progression

Skills Required

  • Bachelor's degree in Finance, Accounting, Business, Maritime Studies, or a related discipline, or equivalent professional qualification
  • Minimum of 5+ years of experience in OPEX analysis, finance, controlling, or a related area
  • Experience with budgets, forecasting, variance analysis, and management reporting
  • Experience interacting with technical, procurement, and commercial teams in a maritime or asset-intensive environment
  • Strong analytical and numerical skills with attention to detail
  • Ability to present complex financial information clearly to non-finance stakeholders
  • Proficiency in Excel and financial systems
  • Excellent English communication and organizational skills
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The Company
27,000 Employees
Year Founded: 1972

What We Do

Bernhard Schulte Shipmanagement (BSM) delivers safe, reliable and efficient ship management services through an international network of ship management, crew service and maritime training centres. It provides tailored maritime solutions for customers, including global crew recruitment, training and development of qualified seafarers. BSM helps shipowners and charterers optimise vessel performance, reduce risk and maintain safe, compliant operations across commercial and specialised fleets worldwide.

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