Credit Manager (Pre-Opening) (Saudi National)

InterContinental; Saudi Arabia; On-site; SAR 100,000 - 150,000; Full time

Job summary

InterContinental Hotels & Resorts is seeking a Credit Manager to ensure efficient processing of credit applications and manage accounts receivable. The role requires a minimum of 5 years experience in hotel accounting and a methodical, teamwork-oriented individual. This position offers an exciting opportunity to contribute to the financial health of a luxurious resort in Saudi Arabia.

Qualifications

• Minimum 5 years of experience in hotel accounting.
• Ability to work in a team and build trust.

Responsibilities

• Process credit applications in accordance with the Credit Policy.
• Monitor overdue accounts and collection.
• Conduct credit meetings at least once a month.

Skills

Teamwork

Methodical

Rigorous

Job description

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 immersed in nature experience.

Each of the resort s 210 sea-facing rooms provides immediate beach access; allowing guests to step out on to 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 meetings and events spaces for leisure, business travellers and groups.

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

Credit Manager

Every day is different, but you ll mostly be:

• Process credit applications in accordance to the Credit Policy, ensuring that clients are notified promptly and professionally.
• Review the Credit policy and credit worthiness of all approved clients on a yearly basis.
• Ensure Accounts Receivable issued all invoices and statements on a timely basis.
• Monitor the prompt follow-up of all overdue accounts and minimize the recovery delay.
• Monitors the special billing arrangements for groups and conventions as required to ensure that postings are in line with customer requirements.
• Monitor and pursue collection of overdue accounts.
• Review city ledger daily for correct postings of charges and take corrective action where necessary.
• Review bad debts listing monthly to prepare collectability analysis for monthly provision for doubtful debts.
• Respond to and resolve account queries in conjunction with accounts receivable.
• Review provision, write-offs and other adjustments immediately prior to month end.
• Implement effective inquiry response procedure for guests and management.
• Report on monthly accounts receivable ageing analysis and detailed account ledgers.
• Conduct credit meetings at least once a month, with relevant highlighting monthly performance, bad debts, staff accounts outstanding and discuss any accounts causing concern and follow up.
• Appropriately manage all delinquent accounts, liaising with debt collectors where needed.
• Review and recommend accounts to be written off, providing appropriate documentation.
• Ensure PM accounts are checked on daily basis and transferred to city ledger within 48hrs from the departure date.
• Review the Advance Deposit ledger to ensure all the balances are either current or for future date.
• Inform the relevant department heads of any deviations from policy by Assistant Managers, or Front Office Cashiers that may come to his/ her attention.
• Ensure guest refunds are processed in a timely manner as per the hotel policy; with all supporting paperwork and required authorizations.

Qualifications:

• Minimum 5 years of experience, ideally in hotel accounting.
• Rigorous, methodical, and recognized for your ability to work in a team and build trust.
  

Company Industry

• Hotels
• Hospitality

Department / Functional Area

• Finance
• Treasury

Keywords

• Credit Manager (Pre-Opening) (Saudi National)

Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at [e-mail]

People Looking for Credit Manager (Pre-Opening) (Saudi National) Jobs also searched