Credit Manager
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Key skills for this role
About the Role
Kempinski Hotel in Doha is seeking a Credit Manager to lead credit and collection operations, minimize bad debt, and maximize cash flow. The role involves evaluating credit applications, setting credit limits, monitoring ledgers, and ensuring timely collections in compliance with hotel policies and local regulations.
Key Skills for This Role
Responsibilities
- Evaluate and process credit applications for corporate accounts, wholesale agents, and large groups/events
- Establish credit limits and payment terms based on credit bureau reports, financial statements, and reference checks
- Monitor guest ledgers, city ledgers, and advanced deposit ledgers for potential credit risks or discrepancies
- Review and approve high balance guest accounts daily during their stay
- Oversee collections and accounts receivable operations
Requirements
- Experience in credit and collection operations
- Knowledge of credit risk management and financial analysis
- Familiarity with hotel credit policies and local financial regulations
Full Job Posting
Job Overview
- The Credit Manager is a key leadership role within the hotel’s finance and accounting department. This position is responsible for overseeing the hotel's credit and collection operations, minimizing bad debt exposure, and maximizing cash flow. The Credit Manager ensures that credit is extended only
Key Responsibilities
- Evaluate and process credit applications for corporate accounts, wholesale agents, and large groups/events.
- Establish credit limits and payment terms based on credit bureau reports, financial statements, and reference checks.
- Monitor guest ledgers, city ledgers, and advanced deposit ledgers for any potential credit risks or discrepancies.
- Review and approve high balance guest accounts daily during their stay.
- Oversee collections and accounts receivable operations.
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