Credit Manager

A Hotel Credit Manager is responsible for overseeing the credit operations of the hotel, managing accounts receivable, and ensuring timely collections while maintaining positive relationships with clients.

Key Responsibilities

• Manage Accounts Receivable: Oversee the accounts receivable ledger, ensuring all debtor accounts are reconciled regularly and discrepancies are addressed promptly.
• Credit Assessment: Conduct periodic credit reviews of existing customers and assess the creditworthiness of potential customers to optimize sales and minimize bad debt losses.
• Billing and Collections: Ensure accurate and efficient billing processes for current and aged accounts, and manage the collection of outstanding payments.
• Policy Compliance: Administer credit processes and policies across various departments within the hotel, ensuring compliance with financial regulations.
• Reporting: Provide regular financial reports to management, analyzing financial data to support decision-making.
• Customer Relations: Maintain positive relationships with clients, addressing any account queries or disputes that may arise.

Required Skills and Qualifications

• Educational Background: A bachelor’s degree in finance, accounting, or a related field is typically required.
• Experience: Previous experience in credit management or a related financial role is preferred, particularly within the hospitality industry.
• Analytical Skills: Strong analytical abilities to evaluate financial data and assess credit risks.
• Communication Skills: Excellent communication skills to effectively interact with clients and other departments.
• Attention to Detail: A detail-oriented approach to managing financial transactions and maintaining accurate records.

Job Type: Permanent