Credit Manager

Singapore - Singapore

Monthly Salary: Not Disclosed

Posted on: 8 hours ago

Vacancies: 1 Vacancy

Job Summary

Description

JOB SUMMARY

Responsible for all credit-related activities within the hotel including oversight of Accounts Receivable credit evaluation collections compliance with internal controls and ensuring adherence to company-wide control procedures as outlined in the Risk Assessment Audit areas. Ensures aging credit approvals refunds deposits and system access are managed in compliance with policy.

JOB DUTIES AND RESPONSIBILITIES

Oversee Accounts Receivable staff and ensure compliance with all control procedures.
Review AR Aging weekly and ensure overdue accounts are followed up with documented actions.
Ensure monthly AR Aging detailed reviews are completed by DOF as required.
Ensure all credit applications follow LSOP including reference checks and proper approvals.
Review group accounts daily and ensure routing accuracy and PM clearing within required timelines.
Manage advance deposits ensuring timely posting review of unapplied deposits and compliance with SOP guidance.
Ensure segregation of duties in payment posting receipt and deposit preparation.
Ensure proper management of payment platforms and that only authorized personnel have access.
Ensure refund processes follow required verification procedures including matching to original payment sources.
Ensure password protection and security of credit card terminals and proper inventory control.
Ensure user access rights in systems align with job responsibilities and maintain leastprivilege access.
Ensure confidential data (PII and PCI) is stored handled and disposed of securely per global policy.
Chair monthly Credit Meetings and provide actionable insights based on control reviews.
Train and develop A/R Front Office Sales and Catering staff on credit and control procedures.
Maintains good inter-departmental relations and good communication skills.
Cashiering Handling:
Process all payment types such as room charges cash cheques pure payment debit or credit.
Process all transaction postings (rebates miscellaneous charges paid-outs).
Blind drop at end of the shifts.
Provide cash change to guests.
Obtain manual authorizations and follow all accounting procedures when computer system is down.
Count bank at the beginning of shift to ensure that amounts are correct and that there is adequate change.

17. Responsible for any duties as may be assigned by the Director of Finance.

JOB REQUIREMENTS

Bachelors Degree in Finance and Accounting or a Full Time Accounting Diploma attained.
Minimum of 3 years experience in a managerial role overseeing Credit and Accounts Receivable operations.
Hospitality or hotel industry experience is preferred.
Proficient in using Microsoft Office applications and Outlook Email.
Great understanding of Credit and Accounts Receivable processes.
Great knowledge to using Opera PMS and Micros POS systems.
Demonstrates great leadership ability.
Great interpersonal and communication skills.
Able to work effectively with management and team members at all levels.
Highly committed diligent and detailoriented.
Great multitasking skills and ability to perform under pressure.
Deadlinedriven with strong followthrough.
Proactive resourceful and comfortable taking on challenges.
Able to work independently in a fastpaced dynamic environment.
Great planning and organizational capabilities.

At Marriott International we are dedicated to being an equal opportunity employer welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and greatest strength lies in the rich blend of culture talent and experiences of our associates. We are committed to non-discrimination on any protected basis including disability veteran status or other basis protected by applicable law.

Required Experience:

Manager

DescriptionJOB SUMMARYResponsible for all credit-related activities within the hotel including oversight of Accounts Receivable credit evaluation collections compliance with internal controls and ensuring adherence to company-wide control procedures as outlined in the Risk Assessment Audit areas. En...

Description

JOB SUMMARY

JOB DUTIES AND RESPONSIBILITIES

Oversee Accounts Receivable staff and ensure compliance with all control procedures.
Review AR Aging weekly and ensure overdue accounts are followed up with documented actions.
Ensure monthly AR Aging detailed reviews are completed by DOF as required.
Ensure all credit applications follow LSOP including reference checks and proper approvals.
Review group accounts daily and ensure routing accuracy and PM clearing within required timelines.
Manage advance deposits ensuring timely posting review of unapplied deposits and compliance with SOP guidance.
Ensure segregation of duties in payment posting receipt and deposit preparation.
Ensure proper management of payment platforms and that only authorized personnel have access.
Ensure refund processes follow required verification procedures including matching to original payment sources.
Ensure password protection and security of credit card terminals and proper inventory control.
Ensure user access rights in systems align with job responsibilities and maintain leastprivilege access.
Ensure confidential data (PII and PCI) is stored handled and disposed of securely per global policy.
Chair monthly Credit Meetings and provide actionable insights based on control reviews.
Train and develop A/R Front Office Sales and Catering staff on credit and control procedures.
Maintains good inter-departmental relations and good communication skills.
Cashiering Handling:
Process all payment types such as room charges cash cheques pure payment debit or credit.
Process all transaction postings (rebates miscellaneous charges paid-outs).
Blind drop at end of the shifts.
Provide cash change to guests.
Obtain manual authorizations and follow all accounting procedures when computer system is down.
Count bank at the beginning of shift to ensure that amounts are correct and that there is adequate change.

17. Responsible for any duties as may be assigned by the Director of Finance.

JOB REQUIREMENTS

Bachelors Degree in Finance and Accounting or a Full Time Accounting Diploma attained.
Minimum of 3 years experience in a managerial role overseeing Credit and Accounts Receivable operations.
Hospitality or hotel industry experience is preferred.
Proficient in using Microsoft Office applications and Outlook Email.
Great understanding of Credit and Accounts Receivable processes.
Great knowledge to using Opera PMS and Micros POS systems.
Demonstrates great leadership ability.
Great interpersonal and communication skills.
Able to work effectively with management and team members at all levels.
Highly committed diligent and detailoriented.
Great multitasking skills and ability to perform under pressure.
Deadlinedriven with strong followthrough.
Proactive resourceful and comfortable taking on challenges.
Able to work independently in a fastpaced dynamic environment.
Great planning and organizational capabilities.

Required Experience:

Manager

Key Skills

EAM
Food Technology
AC Maintenance
Corrosion
Arabic Cuisine

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About Company

Marriott Hotels Resorts

At Le Méridien, we are inspired by the era of glamorous travel, celebrating each culture through the distinctly European spirit of savouring the good life. Our guests are curious and creative, cosmopolitan culture seekers that appreciate moments of connection and slowing down to savou ... View more

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