Credit Manager (Saudi National)

About the Role

SLS The Red Sea is seeking a Credit Manager (Saudi National) to join their team in Umluj, Tabuk, Saudi Arabia. This full-time role is essential for maintaining the hotel's financial health by managing credit operations, overseeing accounts receivable, and ensuring timely collections. The Credit Manager will also be responsible for fostering strong relationships with guests and business partners.

Role Context and Collaboration

Working closely with the Finance, Sales, Events, and Front Office teams, the Credit Manager will assess credit risks, manage outstanding balances, and maintain accurate financial records. The position ensures compliance with hotel policies and financial regulations, contributing to effective financial control and healthy cash flow within the organization.

Key Responsibilities

• Oversee credit operations and accounts receivable to ensure effective financial control and cash flow.
• Review and approve credit applications for corporate clients, groups, and business partners in line with hotel policies.
• Establish and monitor credit limits and payment terms in coordination with the Director of Finance.
• Ensure accurate and timely invoicing, billing, and collection of outstanding payments.
• Monitor accounts receivable aging reports and follow up on overdue balances to minimize financial risks.
• Maintain relationships with corporate clients, travel partners, and guests while resolving billing and payment disputes.
• Collaborate with Sales, Events, and Front Office teams to ensure consistent adherence to credit procedures.
• Prepare monthly credit reports, aging summaries, reconciliations, and bad debt provisions.
• Ensure compliance with Saudi regulations, accounting standards, company policies, and internal audit requirements.
• Maintain accurate credit and billing records using hotel financial systems such as Opera, Sun Systems, and Micros.
• Identify opportunities to improve credit control procedures, collection efficiency, and financial reporting.
• Support financial audits by maintaining complete and accurate documentation.
• Provide guidance and training to relevant departments on credit policies, billing procedures, and financial controls.
• Report credit performance, outstanding balances, and potential financial risks to the Director of Finance.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in hotel accounting or finance.
• At least 2 years of experience in a supervisory or managerial role within the field.
• Previous experience in luxury or lifestyle hospitality is preferred.

Application Information

This is a full-time position. Salary details will be discussed during the interview process.