Credit Manager

ENNISMORE

At SLS The Red Sea, behind every bold experience lies financial precision. As Credit Manager, you are the guardian of cash flow and the architect of trust, ensuring revenue is protected while relationships are preserved. This role goes beyond managing receivables; it s about balancing risk with opportunity, applying sharp financial judgment, and maintaining the integrity of every transaction. With a strategic mindset and a refined approach, you will safeguard the hotel s financial health while supporting the dynamic, high-energy environment that defines SLS.

Key Responsibilities

• Manage and oversee the full accounts receivable function, ensuring accurate and timely invoicing and collections
• Review and approve credit applications for individuals, corporate clients, and group business, assessing financial risk and payment history
• Establish and monitor credit limits in alignment with client profiles and business objectives
• Monitor aging reports and proactively follow up on outstanding balances to maintain healthy cash flow and reduce DSO
• Lead collection efforts with professionalism, maintaining strong client relationships while ensuring timely payments
• Enforce credit policies and procedures across all departments, ensuring consistency and compliance
• Regularly review and enhance credit policies in line with best practices and operational needs
• Ensure compliance with local regulations, accounting standards, and internal audit requirements
• Prepare and present detailed reports on receivables, bad debts, and credit risk to the Director of Finance and leadership team
• Support month-end closing processes related to accounts receivable, including reconciliations and provisions
• Collaborate with auditors and provide required documentation to ensure transparency and accuracy
• Maintain and optimize credit and billing systems (e.g., Opera, Sun Systems, Micros) to ensure data integrity and efficiency
• Partner with Sales, Events, and Front Office teams to support revenue generation with appropriate credit controls
• Act as a key contact for clients on billing and credit matters, resolving disputes professionally and efficiently
• Identify process improvements and implement automation where possible to enhance control and efficiency
• Promote financial awareness across departments, providing guidance on credit-related processes and best practices