Credit Manager
On-siteKolkata, West Bengal, India
Kolkata, West Bengal, IndiaOn-siteFull TimeSenior LevelHospitalityEnterprise
Full TimeSenior LevelEnterpriseHospitality
Job Summary
Manage the overall credit and receivable collection function to minimize risk of loss and bad debts. Conduct credit checks on new applicants, review sales contracts for exposure, and maintain debtor records and aging reports. Reconcile accounts receivable, credit cards, and pending PM/PQ items daily, ensuring accurate posting and timely statement mailing. Coordinate with sales, operations, and auditors for balance confirmations, FIRC collection, and commission processing. Develop subordinates through training schedules and create succession plans for credit functions.
Required Qualifications
- Ability to manage the overall credit and receivable collection function
- Ability to ensure subordinates receive necessary training for job competence
- Ability to develop a team member to handle all credit related functions during absence
- Ability to maintain debtors within average credit period
- Ability to ensure all debtors are recorded in books and followed up timely for payments
- Ability to manage Accounts Receivable
- Ability to ensure all debtors accounts are reconciled regularly
- Ability to age debtors and maintain them under control
- Ability to ensure accuracy of all charges and credits to various accounts
- Ability to prepare and mail account statements to customers
- Ability to monitor subsequent collection of all accounts
- Ability to conduct all necessary credit checks on all new credit applicants
- Ability to make recommendations according to existing credit policies
- Ability to maintain details of credit given to customers
- Ability to complete and update records of debtors
- Ability to review all Sales contracts to ensure they cover all areas of exposure
- Ability to ensure Balance Confirmations from all debtors on a yearly basis
- Ability to review all PM/PQ pending on a daily basis
- Ability to ensure PM/PQ is cleared before month end
- Ability to reconcile Credit Card charges and ensure no overdue amounts
- Ability to manage In House guest credit limit
- Ability to ensure Pre-Auth is taken
- Ability to coordinate with Sales and Operations
- Ability to collect all FIRC's for statutory audit purpose
- Ability to coordinate with Internal and Statutory Auditors
- Ability to process Travel Agent Commission
- Ability to keep close contacts with Airlines, Companies, corporate and individual
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