Credit Manager
nextjobz
Not disclosed
Full Time (On-site)
Not Applicable
1 position
Dhaka, Dhaka, Bangladesh
Job Description
Company Name: Quality Hospitality Limited (Q-HOTEL Dhaka)
Location: Dhaka
Job Type: Full-Time
Workplace Type: Full-time
Job ID: IJOB202664981
About The Role
Q HOTEL Dhaka is seeking an experienced and results-driven Credit Manager to manage the hotel’s credit accounts and ensure timely collection of all outstanding receivables. You will play a key role in maintaining effective credit control, minimizing bad debts, and supporting the financial health of a five-star hotel.
Key Responsibilities
Location: Dhaka
Job Type: Full-Time
Workplace Type: Full-time
Job ID: IJOB202664981
About The Role
Q HOTEL Dhaka is seeking an experienced and results-driven Credit Manager to manage the hotel’s credit accounts and ensure timely collection of all outstanding receivables. You will play a key role in maintaining effective credit control, minimizing bad debts, and supporting the financial health of a five-star hotel.
Key Responsibilities
- Manage the hotel’s Accounts Receivable / City Ledger function and ensure accurate and timely billing.
- Monitor all corporate, government, travel-agent, airline, OTA, long-stay and other credit accounts.
- Review and approve/recommend credit applications, credit limits and payment terms in accordance with hotel policy.
- Monitor outstanding balances and ensure customers settle accounts within agreed credit terms.
- Prepare and review daily, weekly and monthly aging reports.
- Conduct regular collection follow-ups by email, telephone and meetings.
- Identify overdue and high-risk accounts and escalate them to the Financial Controller / Director of Finance and General Manager.
- Monitor accounts exceeding approved credit limits and recommend credit suspension or credit hold where necessary.
- Ensure all invoices have proper supporting documents, authorization and accurate billing information.
- Coordinate with Sales and Operations to resolve billing disputes and discrepancies promptly.
- Reconcile customer accounts and ensure the Accounts Receivable ledger agrees with the General Ledger.
- Monitor and follow up unallocated payments, deposits, credit notes and adjustments.
- Maintain complete documentation of collection activities and customer commitments.
- Review new corporate accounts and conduct appropriate credit-risk assessments before extending credit.
- Monitor and control potential bad debts and doubtful accounts.
- Recommend provisions and write-offs in accordance with company policy and approval procedures.
- Ensure compliance with the hotel’s credit policy, financial controls and accounting procedures.
- Work closely with Sales to ensure commercial agreements and credit terms are properly documented and adhered to.
- Coordinate with Front Office and Night Audit to ensure correct transfer of charges to city ledger / PM accounts.
- Provide management with regular reports on collections, overdue accounts, aging, credit exposure and bad-debt risks.
- Support month-end closing and ensure all receivable balances are properly reconciled.
- Maintain professional relationships with corporate clients while firmly enforcing the hotel’s payment policies.
- Experience: 6-12 years
- Education: bachelor of business administration in accounting
- Skills: credit management, hotel management, certified hotel administrator, hospitality management, hotel administration, hr management, debt collection, debt management, rooms division management
Requirements
Company Name: Quality Hospitality Limited (Q-HOTEL Dhaka)
Location: Dhaka
Job Type: Full-Time
Workplace Type: Full-time
Job ID: IJOB202664981
About The Role
Q HOTEL Dhaka is seeking an experienced and results-driven Credit Manager to manage the hotel’s credit accounts and ensure timely collection of all outstanding receivables. You will play a key role in maintaining effective credit control, minimizing bad debts, and supporting the financial health of a five-star hotel.
Key Responsibilities
- Manage the hotel’s Accounts Receivable / City Ledger function and ensure accurate and timely billing.
About Company
nextjobz
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This job post was sourced from LinkedIn Jobs While we strive to bring you the latest opportunities, Niyog has not verified this listing and cannot take responsibility for its accuracy or any outcomes related to it. Please review the details carefully and apply at your own discretion.
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About Company
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