Credit manager - Dubai

Job descri
· Is responsible for the efficient and effective operation of the Credit section.
· Ensures that strong and open communication lines are maintained with the Director of Finance
· Ensures that the hotel credit policy and procedure is adhered to in all departments.
Credit applications
· Processes credit applications within 10 working days, ensuring that clients are notified promptly and professionally.
· Reviews the credit worthiness of all existing non-Accor approved clients on a yearly basis.
City Ledger
· Ensures all invoices / statements are issued on a timely basis.
· Monitors the prompt follow-up of all overdue accounts and minimize the recovery delay.
· Implements effective inquiry response procedure for guests and management.
· Ensures all travel agent commissions are timely processed and paid.
· Reports on monthly accounts receivable ageing analysis and detailed accounts’ ledgers.
· Conducts credit meetings at least once a month.
· Appropriately manages all delinquent accounts, liaising with debt collectors where needed.
· Reviews and recommends accounts to be written off, providing appropriate documentation
Guest Ledger and liaison with Front Office
· Liaises between the Accounting Department and the Front Office.
· Ensures PM accounts are checked on daily basis and transferred to city ledger within 48hrs from the departure date.
· Reviews the Advance Deposit ledger to ensure all the balances are either current or for future date.