Job Description
Roles & Responsibilities
Raffles The Red Sea is seeking a highly skilled and experienced Credit Manager to join our team in Umluj, Saudi Arabia. As the Credit Manager, you will play a crucial role in managing the hotel's credit operations, ensuring financial stability, and maintaining positive relationships with our esteemed clientele. Develop and implement credit policies and procedures to minimize financial risks Analyze credit applications and assess creditworthiness of corporate clients and travel agencies Manage accounts receivable and oversee debt collection processes Collaborate with sales and finance teams to establish credit limits and terms for clients Monitor and report on credit portfolio performance, identifying trends and potential risks Negotiate payment plans and resolve disputes with delinquent accounts Ensure compliance with local and international financial regulations Prepare regular financial reports and presentations for senior management Implement and maintain credit management software systems Train and supervise credit department staff Stay updated on industry trends and best practices in credit management
Desired Candidate Profile
- Bachelor's degree in Finance, Accounting, or related field
- Minimum 5 years of experience in credit management, preferably in the hospitality industry
- Professional certifications such as Certified Credit Professional (CCP) or Certified Credit Executive (CCE) preferred
- Strong knowledge of financial analysis and credit risk assessment techniques
- Proficiency in accounting software, Microsoft Office Suite, and CRM systems
- Experience with international clientele and understanding of global financial practices
- Familiarity with Saudi Arabian financial laws and regulations
- Excellent analytical and problem-solving skills
- Strong leadership and team management abilities
- Exceptional communication and negotiation skills
- Ability to work under pressure and meet deadlines in a fast-paced environment
- Fluency in English; knowledge of Arabic is a plus