Asst. Credit Manager

InterContinental Hotels Group; Medina; On-site; USD 40,000 - 65,000; Full time

Job summary

A leading company in the hospitality sector is seeking an Assistant Director of Finance & Business Support. The successful candidate will oversee the collection of accounts receivables, manage the finance team, and ensure compliance with accounting practices. This leadership role requires expertise in hotel accounting and strong interpersonal skills to foster teamwork and excellent guest experiences.

Qualifications

• 4-8 years experience in hotel accounting or audit required.
• Experience in international hotel chain credit department preferred.
• Attendance at recognized Credit Collection Course recommended.

Responsibilities

• Supervises collection of accounts receivables and credit processing.
• Manages activities of hotel accounting personnel.
• Implements and maintains acceptable accounting practices.

Skills

Mathematical skills

Problem-solving

Organizational abilities

Training abilities

Education

Bachelor’s degree in Accounting or Finance

Professional accounting or finance designation

Job description

Under the general guidance and supervision of the Director of Finance & Business Support and within the limits of IHG Policies and procedures and local condition, responsible for the collection of Hotel accounts receivables and the processing/granting/controlling of credit facilities.

Provides supervision and direction to Hotel Bill Collectors. Interacts, cooperates with Hotel Guest on matters of credit and collection of same.

Interacts, cooperates with Departments such as, but not limited to sales, food & Beverage and Front Office. Interacts through Director of Finance & Business Support with General Manger on matters of credit.

Interacts, cooperates with other sections of Accounts and Hotel departments as appropriate.

At InterContinental Hotels Group we want our guests to feel special, cosmopolitan and In the Know which means we need you to:

• Be charming by being approachable, having confidence and showing respect.
• Stay in the moment by understanding and anticipating guests’ needs, being attentive and taking ownership of getting things done.
• Make it memorable by being knowledgeable, sharing stories and showing your style to create moments that make people feel special.

DUTIES AND RESPONSIBILITIES

FINANCIAL RETURNS:

• Supervises and participates in collecting all outstanding accounts receivable of the Hotel within established standards.
• Supervises and processes the granting of all credit applications in accordance with Hotel Policy and Procedure.
• Recommends the cancellation of Credit facilities to hotel users based on payment record.
• Ensures hotel credit policy is adhered to by all concerned.
• Ensures customers invoices are prepared in accordance with their requests and Hotel Policy and procedure.
• Handles investigation – requests of Hotel Guests on matters of invoicing.
• Ensure accounts receivables over 60 days are promptly pursued for collection.
• Ensures “Walk out Reports” are forwarded from Front Office promptly for investigation and further action.
• Recommends improvements to operation as appropriate.
• Submit (every three months) to Director of Finance & Business support , accounts, which he considers uncollectable.
• Prepares, Supervises the preparation of monthly statements and reminders
• Maintain filing systems as appropriate to needs of operation.
• Complies with Hotel’s Health, Safety policy.
• Performs related duties and special project as assigned.

PEOPLE:

• Manage day-to-day activities, plan and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict, improve team member performance, and recognize good performance.
• Educate, train and motivate finance and accounting teams to achieve hotel revenue goals. Ensure staff has the information, market data, tools and equipment to successfully carry out job duties. Provide direction to hotel employees on how decision making impacts profits.
• Promote teamwork and quality service through daily communication and coordination with key department heads.

GUEST EXPERIENCE:

• Respond quickly to guest requests in a friendly manner. Follow up to ensure guest satisfaction.
• Ensure accounting practices, support the guest experience through payment options (example: credit card systems, room charges), inventory controls and financial dispute resolution.

RESPONSIBLE BUSINESS:

• Implement and maintain acceptable accounting practices as required by company policy and procedures.
• Develop and implement financial control procedures and systems; maintain records for internal and external audits; ensure compliance with government regulations and contractual agreements.
• Participate in local recognized professional and industry organizations
• Manage hotel contracts (example: vendor leases and/or service contracts). Perform other duties as assigned. May also serve as manager–on-duty.

ACCOUNTABILITY

This is the top Accounting job in a large full-service, luxury, hotel. Typically supervises clerical accounting employees in a full range of functions such as Accounts Payable, Accounts Receivable, Credit/Collections, Purchasing, Audit, Payroll, and/or Accounting Operations.

QUALIFICATIONS AND REQUIREMENTS

Bachelor’s degree / higher education qualification / equivalent in Accounting or Finance and 4-8 years in hotel accounting or audit with at least one year in an Assistant Director of Finance & Business Support or similar supervisory role, or an equivalent combination of education and work-related experience. Knowledge of accounting management duties such as negotiating hotel space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns, etc. as needed or requested. Professional accounting or finance designation or certification preferred. Must speak local language(s). Other languages preferred.

This job requires ability to perform the following:

Qualification : Attendance at recognized Credit Collection Course

Experience : At least three years experience in Credit Department of

International Hotel Chain, preferably IHC of which two years

Were in Supervisory position.

Personality/Appearance: Pleasant, firm, neat and tidy.

Other:

• Mathematical skills, including basic math, budgeting, profit/loss concepts, percentages, and variances are utilized frequently.
• Problem-solving, reasoning, motivating, organizational and training abilities are used often.
• Reading abilities are used often in reviewing financial analyses, budgets, and other related reports. Writing abilities are used in compiling these financial reports, as well as to document.
• May be required to work nights, weekends, and/or holidays.

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