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naukri

Credit Manager

ENNISMORE
Saudi Arabia, KSA
Senior
2 months ago
LeadershipStrategic PlanningBudgetingTeam ManagementPerformance ManagementProject Management
Free

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LeadershipStrategic PlanningBudgeting
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Overview

At SLS The Red Sea, behind every bold experience lies financial precision.

As

Credit Manager

, you are the guardian of cash flow and the architect of trust, ensuring revenue is protected while relationships are preserved.

This role goes beyond managing receivables; it s about balancing risk with opportunity, applying sharp financial judgment, and maintaining the integrity of every transaction.

With a strategic mindset and a refined approach, you will safeguard the hotel s financial health while supporting the dynamic, high-energy environment that defines SLS.

Key Responsibilities

  • Manage and oversee the full accounts receivable function, ensuring accurate and timely invoicing and collections
  • Review and approve credit applications for individuals, corporate clients, and group business, assessing financial risk and payment history
  • Establish and monitor credit limits in alignment with client profiles and business objectives
  • Monitor aging reports and proactively follow up on outstanding balances to maintain healthy cash flow and reduce DSO
  • Lead collection efforts with professionalism, maintaining strong client relationships while ensuring timely payments
  • Enforce credit policies and procedures across all departments, ensuring consistency and compliance
  • Regularly review and enhance credit policies in line with best practices and operational needs
  • Ensure compliance with local regulations, accounting standards, and internal audit requirements
  • Prepare and present detailed reports on receivables, bad debts, and credit risk to the Director of Finance and leadership team
  • Support month-end closing processes related to accounts receivable, including reconciliations and provisions
  • Collaborate with auditors and provide required documentation to ensure transparency and accuracy
  • Maintain and optimize credit and billing systems (e.g., Opera, Sun Systems, Micros) to ensure data integrity and efficiency
  • Partner with Sales, Events, and Front Office teams to support revenue generation with appropriate credit controls
  • Act as a key contact for clients on billing and credit matters, resolving disputes professionally and efficiently
  • Identify process improvements and implement automation where possible to enhance control and efficiency
  • Promote financial awareness across departments, providing guidance on credit-related processes and best practices

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