TRANSPARENT FINANCIAL CONTROL

Watermark tailor financial management to suit each Client’s expectations. The dedicated Watermark management team work closely with the Captain and the Client’s team to develop annual budgets for the safe operations of the yacht. We provide an experienced accountant...

Operational Budgets

Compile a meticulously planned Annual Operational Budget for the yacht, for review and approval from the Client.

Banking

Open yacht specific Bank Accounts and apply for debit and credit cards for the yacht and Captain / crew as required.

Payments

Make weekly Disbursement Payments of approved invoices provided for in the operational budget.

Financial Reporting

Provide monthly and annual Financial Reports on expenditure, variations to budget and cash flow.

Fund Requests

Coordinate acquisition of monthly Operational Funds in accordance with the approved budget.

Cash to Master

Organise safe Transit of Funds to the yacht for routine or unexpected expenses.