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Holiday Inn

Accounts Receivable Accountant

Early Applicant
  • 3 days ago
  • Be among the first 50 applicants

Job Description

Travel is a journey. We help make it a joy.

Starting with a warm, inviting welcome for all guests, whether traveling on business or for fun, enjoying a quick night, or relaxing for the week. We thrive on making our guests stays brighter, helping them create memories that will last a lifetime. Irresistible smiles are our specialty. We should know, we've been on our journey since 1952. So if you can help us spread the joy of travel to all, we'd love to give you a warm welcome to the Holiday Inn family.

What is the job

maximize the financial performance of the hotel by providing a financial and purchasing strategy and ensuring all legal aspects of the business are completed accurately and timely. You will ensure we have legally binding contracts in place for our locally arranged suppliers, which you will have negotiated obviously at the best possible rates. Also that insurance policies are in place and up to date so we are covered for all eventualities.

A Little Taste Of Your Day-to-day

Every day is different at IHG, but you'll mostly be:

  • Validate credit applications received and conduct reference check prior endorsing for further approval.
  • Collects and processes all folio received from the Front Office on a timely basis.
  • Daily city ledger transfers are performed and prepare invoices for the folios and validate for invoice submission.
  • Deliver invoices and collect payments from creditors.
  • Monitor AR Aging weekly and follow up for payment within 60 days.
  • Note and document collection efforts on the system and send out reminder letters for outstanding invoices.
  • Establish credit card services for the property, with adequate number of POS and stationery available for smooth operation.
  • Ensure credit card transfer and reconciliation is performed on a daily basis, follow up with the corresponding department on the discrepancies and update Credit Manager with the status.
  • Validate the credit card refund requests received before endorsing for further approval.
  • Respond promptly on chargeback disputes and queries which are bank related.
  • Work closely with Income Auditor and Credit Manager on day-to-day operations and ensure outstanding issues relating to credit are resolved.
  • Establish strong and effective communication with the operations department. Educate and work as an advisor and ensure all understand the importance of credit function.
  • Verify PM accounts opened daily and ensure necessary back up is submitted.
  • Monitor Credit Limit Exceeded Report, AR Activity, AR Credit Balance and User log transfers daily.
  • Perform bank payment posting and liaise with Front Office on other mode of payments posting relating to AR.
  • Generate and send out statement of account monthly to creditors.
  • Attend and take minutes for monthly Credit Meeting.
  • Prepare monthly AR package and necessary reports.

QUALIFICATIONS AND REQUIREMENTS :

It can be a physical role and although there are the usual meetings, briefings and of course reports to run, you will need to be on your feet some of the day out and about in the hotel, so fitness will be key for you, although reasonable adjustments will be made where we can. You will need to speak English for this specific role, and looking at your next move we would love it if you were multi-lingual, but it's not essential just yet.

What we need from you :

  • You need to ensure all equipment is in working order by protecting and enhancing the value of all hotel assets through appropriate programs in maintenance and security. We have a capital budgeting process to help you with this.

  • You will work with your team to ensure all financial processes are secure, accurate and completed in line with the timetable. You need to work with and support your management colleagues to compile the forecasting and operational planning of the payroll and expenditure, as you need to deliver in line with your budgets.

What we offer :

In return we'll give you a competitive financial and benefits package and the chance to work with a great team of people. Most importantly, we'll give you the Room to be yourself. So what's your passion Please get in touch if this position matches your skills and interests and tell us how you could bring your individual competencies. At IHG we are committed to developing our team and managing our talent and would encourage internal as well as external candidates to apply for any of our vacancies. We are an equal opportunities employer.

Join us and you'll become part of the family and like all families, all our individual team members share some winning characteristics. As a team, we work better together we trust and support each other, we do the right thing and we welcome different perspectives. - visit www.http://careers.ihg.com to find out more about us.

More Info

Industry:Other

Function:Finance

Job Type:Permanent Job

Skills Required

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Date Posted: 21/11/2024

Job ID: 101052635

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Last Updated: 21-11-2024 05:53:21 PM
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