IHG CREDIT MANAGER CROWNE PLAZA & HOLIDAY INN AL THURAYA CITY KUWAIT in Kuwait City, Kuwait

Description:

Job Summary – TUnder

the general direction of the Director of Finance and Business

Support and within the limits of InterContinental Hotels Group policy and

procedure and local requirements, assists in responsibility for all hotel

accounting and financial controls. Promotes desired work culture around the core

values of InterContinental Hotels Group and the brand ethics.

Manages the day-to-day operations of accounts receivables, ensuring that invoices being sent out are correct and dispersed in a timely manner. Follows up on any delinquent accounts. Researches and decides upon credit authorization for incoming customers.

Interacts

with external auditors and bank officers if there is any necessity

The key job responsibilities of this role are:

  • Ensureadherence to the hotel’s credit policy

  • Generatesand provides accurate and timely results in the form of reports, presentations,etc

  • Compiles,codes, categorizes, calculates, tabulates, audits, or verifies information ordata.

  • Completesaccounts receivable and credit period end closing functions and procedures; andperiod end reporting

  • Reportsdirectly to and communicates with the Director of Finance and Business Supporton all matters pertaining to credit and collection of guest and city ledgeraccounts

  • Cooperates,coordinates and communicates with guests and other departments in mattersconcerning issuance of credit, follow up outstanding accounts and assistingwith credit requirements

  • Liaisesclosely with the City Ledger Supervisor in reviewing and maintaining the AgedTrial Balance of Accounts Receivable

  • Monitorsthe special billing arrangements for groups and conventions as required toensure that postings are in line with customer requirements

  • Reviewscity ledger daily for correct postings of charges and take corrective actionwhere necessary

  • Monitorand pursue collection of overdue accounts

  • Reviewbad debts listing monthly to prepare collectability analysis for monthlyprovision for doubtful debts

  • Respondto and resolve account queries in conjunction with accounts receivable

  • Assistsin control and collection of outstanding guest and city ledger accounts

  • Preparemanagement reports for month end analysis and provide documentation for creditmeeting

  • Reviewprovision, write-offs and other adjustments immediately prior to month end

  • Conductmonthly credit meeting with relevant IHG team highlighting monthlyperformance, bad debts, staff accounts outstanding and discuss any accountscausing concern and follow up

  • Assistsin maintaining and preparing accurate and timely financial and operatinginformation with emphasis on the Aged Trial Balance of Accounts Receivable

  • Assistsin providing safe keeping, including proper storage and access, for allcontracts, leases and other financial records

  • Maintainsprofessional and technical competence

  • Assistsin implementing and maintaining acceptable accounting practices and proceduresas required by IHG policies and procedures, generally accepted accountingpractices and as affected by local conditions

  • Workswith Superior to ensure the departmental performance of staff is productive

  • Demonstrateservice attributes in accordance with industry expectations and companystandards

  • Appreciate the dynamic nature of the Hotel industryand extend these service attributes to all internal customers

  • Comply with the Company’s Corporate Code of Conduct

  • Familiarize yourself with the company values and model desired behaviors

  • Perform tasks as directed by the Manager in pursuit of the achievement of business goals

Qualifications

Qualifications and Requirements

  • Preferably with a University degree in Accounting

  • Minimum two years in Financecapacity

  • Excellent English skill, bothoral and written

  • Proficient in computeroperations (Word, Excel and PowerPoint)

  • Presentableand a team player

Job: Finance & Business Support

Location: Kuwait-Kuwait City

Requisition ID: KUW001548