Member Since: 29th Jun 2020
The bookkeeping, budgeting, and cash flow management for a superyacht can be a distraction from the smooth and safe operation and delivery of exceptional service by the Captain and his crew. Family offices and owners of yachts have the key family investments to focus on and often a yacht and aircraft time consuming additional burdens for them to manage.
Yachts and aircraft require specialist care and knowledge. We work closely with captains, yacht managers, fiscal agents, and corporate service providers saving them time by taking responsibility for all the financial matters. We can tailor the way we work to give the Captain real-time data, free time to focus on the yacht operation, and mitigate the financial risks by managing the budget process, cash requirements and fiscal obligations.
Breaking the Mould Accounting acts as your virtual finance department. We can provide Chief Financial Officer (CFO), management accountant, bookkeeper, and payroll support covering the role of purser without taking valuable space onboard. We can work with you as Captain and the manager and owner on a single yacht, fleet and provide an alternative to an in house finance team maritime business. We can also be flexible project management (refits and builds) and costing resources.
I work on fixed fees paid monthly with an annual review date. We believe time-based fees should be consigned to the history books and our clients can expect transparent fees and services on all engagements.
We implement and migrate to cloud accounting technology and will streamline processes and ensure one source of truth for the yachts financial data.