Credit Manager - Raffles The Red Sea

Raffles The Red Sea is seeking a highly skilled and experienced Credit Manager to join our team in Umluj, Saudi Arabia. As the Credit Manager, you will play a crucial role in managing the hotel's credit operations, ensuring financial stability, and maintaining positive relationships with our esteemed clientele.

• Develop and implement credit policies and procedures to minimize financial risks
• Analyze credit applications and assess creditworthiness of corporate clients and travel agencies
• Manage accounts receivable and oversee debt collection processes
• Collaborate with sales and finance teams to establish credit limits and terms for clients
• Monitor and report on credit portfolio performance, identifying trends and potential risks
• Negotiate payment plans and resolve disputes with delinquent accounts
• Ensure compliance with local and international financial regulations
• Prepare regular financial reports and presentations for senior management
• Implement and maintain credit management software systems
• Train and supervise credit department staff
• Stay updated on industry trends and best practices in credit management

• Bachelor's degree in Finance, Accounting, or related field
• Minimum 5 years of experience in credit management, preferably in the hospitality industry
• Professional certifications such as Certified Credit Professional (CCP) or Certified Credit Executive (CCE) preferred
• Strong knowledge of financial analysis and credit risk assessment techniques
• Proficiency in accounting software, Microsoft Office Suite, and CRM systems
• Experience with international clientele and understanding of global financial practices
• Familiarity with Saudi Arabian financial laws and regulations
• Excellent analytical and problem-solving skills
• Strong leadership and team management abilities
• Exceptional communication and negotiation skills
• Ability to work under pressure and meet deadlines in a fast-paced environment
• Fluency in English; knowledge of Arabic is a plus

What’s in it for you...

• The opportunity to join Accor, a leading global hospitality group with an exceptional portfolio of luxury brands.

• The chance to define the pre-opening operations for two iconic resorts at one of the world’s most anticipated new destinations.

• Become part of a team dedicated to creating unparalleled luxury hospitality experiences.

• A competitive package and excellent opportunities for professional growth.

• Outstanding discounts across the global Accor and luxury brand network.