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Credit Manager (Pre-Opening) (Saudi National)

InterContinental Hotels Group

Hanak

On-site

SAR 150,000 - 200,000

Full time

6 days ago
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Job summary

InterContinental Hotels Group is seeking a Credit Manager for its new resort in Saudi Arabia. The role requires managing credit applications, overseeing accounts receivable, and ensuring effective collection practices. Ideal candidates will have at least 5 years of hotel accounting experience and demonstrate strong teamwork and organizational skills.

Benefits

Competitive salary
Full uniform
Room discounts
Comprehensive training

Qualifications

  • Minimum 5 years of experience, preferably in hotel accounting.
  • Rigorous and methodical with teamwork and trust-building abilities.

Responsibilities

  • Processing credit applications according to the Credit Policy.
  • Monitoring overdue accounts and minimizing recovery delays.
  • Conducting monthly credit meetings to review performance.

Skills

Teamwork
Trust-building
Methodical approach

Job description

Credit Manager (Pre-Opening) (Saudi National)

InterContinental Hotels & Resorts has delighted luxury travellers since 1946, serving as a meeting place for heads of state, a setting for world-changing speeches, and the impetus for some of the most famous love stories of all time.

The brand has become synonymous with bold exploration, travel, and cultural discovery. The InterContinental The Red Sea Resort exemplifies these attributes. Set within one of the world’s most ambitious luxury tourism developments amidst an archipelago of over 90 pristine islands, the hotel offers guests sweeping views of the ocean and a discreet barefoot luxury experience immersed in nature.

Each of the resort’s 210 sea-facing rooms provides immediate beach access, allowing guests to step out onto the sands of the Red Sea from the terrace. Moreover, the resort features seven different gastronomic experiences, sprawling pools and recreational facilities, a spa, a health club, and curated meeting and events spaces for leisure, business travelers, and groups.

With the worldliness that travel brings, every stay will take your imagination to places you’d never expect!

Credit Manager

Responsibilities include:

  • Processing credit applications according to the Credit Policy, ensuring prompt and professional client notifications.
  • Reviewing the Credit policy and creditworthiness of all approved clients annually.
  • Ensuring Accounts Receivable issues all invoices and statements timely.
  • Monitoring overdue accounts and minimizing recovery delays.
  • Managing special billing arrangements for groups and conventions to ensure postings meet customer requirements.
  • Pursuing collection of overdue accounts.
  • Reviewing city ledger daily for correct postings and taking corrective actions when necessary.
  • Reviewing bad debts monthly to prepare collectability analysis and provisions for doubtful debts.
  • Responding to account queries in collaboration with accounts receivable.
  • Reviewing provisions, write-offs, and adjustments prior to month-end.
  • Implementing inquiry response procedures for guests and management.
  • Reporting monthly accounts receivable aging analysis and detailed account ledgers.
  • Conducting monthly credit meetings to review performance, bad debts, and outstanding accounts, and to follow up on concerns.
  • Managing delinquent accounts, liaising with debt collectors as needed.
  • Recommending accounts for write-off with proper documentation.
  • Checking PM accounts daily and transferring to the city ledger within 48 hours of departure.
  • Reviewing the Advance Deposit ledger for current or future balances.
  • Informing relevant department heads of any policy deviations by staff.
  • Ensuring guest refunds are processed promptly with all supporting documentation.

Qualifications:

  • Minimum 5 years of experience, preferably in hotel accounting.
  • Rigorous, methodical, and recognized for teamwork and trust-building abilities.

What you can expect from us

We support our team with a competitive salary, full uniform, room discounts, and comprehensive training. We foster an inclusive culture where diversity and individuality are celebrated. IHG Hotels & Resorts is committed to equal employment opportunities and supporting wellbeing through our myWellbeing framework.

Join us and become part of our global family, where you can belong, grow, and make a difference.

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