Credit Manager
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Key skills for this role
Role Overview
The Credit Manager manages hotel credit policies and procedures.
The role ensures timely collection of outstanding accounts, minimizes bad debt exposure, and maintains relationships with guests, corporate clients, and business partners.
The position supports the hotel's financial interests and business growth.
Key Skills for This Role
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About Hyatt Regency Riyadh Olaya
Hyatt Regency Riyadh Olaya aims to deliver exceptional hospitality experiences while fostering care, respect, and excellence.
The Credit Manager will join the hotel's Finance team and contribute to its financial success.
Position Summary
The Credit Manager manages hotel credit policies and procedures.
The role ensures timely collection of outstanding accounts, minimizes bad debt exposure, and maintains relationships with guests, corporate clients, and business partners.
The position supports the hotel's financial interests and business growth.
Key Responsibilities
- Manage and oversee the hotel's credit and collection processes.
- Review, assess, and approve credit applications according to company policies.
- Monitor accounts receivable aging and follow up on overdue accounts.
- Ensure timely collection of outstanding balances and reduce bad debt risk.
- Reconcile disputed accounts and resolve billing issues with relevant departments.
- Prepare regular credit and collection reports for management review.
- Maintain accurate customer credit records and documentation.
- Liaise with sales, operations, and finance teams to support credit control.
- Ensure compliance with Hyatt policies, internal controls, and local regulations.
- Support month-end closing activities related to accounts receivable.
Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- Three to five years of experience in Credit Management, Accounts Receivable, or Finance, preferably in hospitality.
- Strong knowledge of credit control procedures and accounts receivable processes.
- Excellent analytical, communication, and negotiation skills.
- Proficiency in Microsoft Office applications, particularly Excel.
- Experience with hotel financial systems is an advantage.
- Fluent English is required.
- Arabic language skills are preferred.
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