Assistant Credit Manager - InterContinental Singapore
Hotel Brand: InterContinental
Location: Singapore, Singapore
Hotel: Singapore (SINHB), 80 Middle Road, 188966
Job number: 139168
Your day-to-day
- Reviews city ledger daily for correct postings of charges and take corrective action where necessary
- Ensure prompt City Ledger billing, payments postings, monthly SOA sending, Reconciliation of all AR account balances (including Credit card account balances, PM account balances)
- Monitor and pursue collection of overdue accounts
- Review bad debts listing monthly to prepare collectability analysis for monthly provision for doubtful debts
- Respond to and resolve account queries in conjunction with accounts receivable
- Assists in control and collection of outstanding guest and city ledger accounts
- Prepare management reports for month end analysis and provide documentation for credit meeting
- Review provision, write-offs and other adjustments immediately prior to month end
- Conduct monthly credit meeting with relevant IHG team highlighting monthly performance, bad debts, staff accounts outstanding and discuss any accounts causing concern and follow up
- Assists in maintaining and preparing accurate and timely financial and operating information with emphasis on the Aged Trial Balance of Accounts Receivable
- Works with Superior in the preparation and management of the department’s financial reportings
- Reports directly to and communicates with the Director of Finance and Business Support on all matters pertaining to credit and collection of guest and city ledger accounts postings are in line with customer requirements
- Establishes adequate record keeping and issuance procedures
- Ensure adherence to the hotel’s credit policy
- Assists in providing safe keeping, including proper storage and access, for all contracts, leases and other financial records
- Maintains professional and technical competence
- Assists in implementing and maintaining acceptable accounting practices and procedures as required by IHG policies and procedures, generally accepted accounting practices and as affected by local conditions
- Demonstrate Awareness of OH&S policies and procedures and ensure all procedures are conducted safely and within OH&S guidelines and ensure your direct reports do the same
- Be aware of duty of care and adhere to occupational, health and safety legislation, policies and procedures
- Be familiar with property safety, first aid and fire and emergency procedures and enforce these in your areas
- Initiate action to correct a hazardous situation and notify supervisors of potential dangers
- Ensure security incidents and accidents are logged, investigated and rectified to prevent future catastrophes
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