Hospitality Credit Manager – AR & Collections
- Industry Type
- Hotels, Hospitality
- Functional Area
- Finance Industry Hotels, Hospitality However, the job description provided is related to crypto derivatives trading, which is not directly related to
- Nationality
- Any
- Keywords
- Credit Policy Management Accounts Receivable Management Investigative Skills Billing Cash Collection Communication Skills
Job Description
Hyde Hotels in Dubai is looking for a Hospitality Credit Manager to manage credit policies, investigate credit requests, and ensure accurate billing and cash collection for events and guests. The role requires strong communication skills and attention to detail.
- Position
- Hospitality Credit Manager – AR & Collections
- Company
- Hyde Hotels
- Location
- Dubai, UAE
- Industry
- Hotels, Hospitality
- Experience
- 1 to 20 years
Responsibilities
- Establish and enforce local credit policies
- Investigate credit requests
- Ensure proper billing and cash collection for events and guests
Requirements
- Excellent communication skills
- Strong attention to detail
- Ability to work effectively under pressure
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About the role: Hospitality Credit Manager – AR & Collections
General information about this type of role, not from the employer. The employer's actual requirements may differ, so always check the job details above.
A Hospitality Credit Manager in Accounts Receivable (AR) and Collections oversees the credit and collection processes within hotels and hospitality businesses. They ensure timely payments from clients and manage credit risks to maintain healthy cash flow. This role is typically based in hotel finance departments or hospitality management companies.
What this role usually involves
- Monitor and manage accounts receivable to ensure timely collection of payments.
- Assess and approve credit limits for clients based on financial analysis.
- Follow up on overdue accounts and implement collection strategies.
- Coordinate with other departments to resolve billing or payment issues.
- Prepare reports on credit status and collection activities for management.
- Maintain accurate records of credit and collection transactions.
Skills employers usually look for
- Strong understanding of credit management and collection processes.
- Good communication and negotiation skills to interact with clients.
- Attention to detail and accuracy in financial record-keeping.
- Ability to analyze financial information and assess credit risk.
- Organizational skills to manage multiple accounts effectively.
- Proficiency in accounting software and Microsoft Office applications.
Usual qualifications
- A diploma or degree in finance, accounting, or business administration is usually expected.
- Knowledge of hospitality industry financial practices is beneficial.
- Experience with credit management or accounts receivable functions is often required.
- Training or certification in credit management can be an advantage.
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