Credit Officer
Job Description
Title: Credit Officer
Company Name: Sheraton Dhaka
Vacancy: Not specific
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Bachelor of Business Administration (BBA)
Experience Requirements:
∎ At least 5 year(s)
Job Responsibilities:
∎ Maintain relations with collection agencies.
∎ Maintain relations with credit reporting agencies, insurance providers.
∎ Manage relations with the sales department.
∎ Manage all account queries and disputes.
∎ Manage Accounts Receivable and ensure all debtors accounts are reconciled regularly.
∎ Daily review of Accounts Receivable ledger and monitor incoming payment.
∎ Responsible for Ageing of Debtors and maintaining the same under control.
∎ Responsible for compiling all group billing.
∎ Focus on minimizing the AR outstanding balance.
∎ Responsible for maintaining the debtor's ledger with regular review of the aged accounts.
∎ Monitor the AR ledger on a daily basis, If any discrepancies found then corrective measures to be taken after co-ordinating with the PMS vendor.
∎ Ensuring prompt, accurate and efficient system for billing of current and aged accounts.
∎ Review the AR Aging report on a daily basis.
∎ Review the Guest Ledger High Balance report daily and reporting discrepancies, ensuring check-in / check-out procedures are followed.
∎ Administer credit processes and policies for other departments in the hotel.
∎ Ensure the accuracy of all charges and credits to the various accounts and that they are properly posted on a timely basis.
∎ Ensure the timely credit collections of all outstanding payments.
∎ Follow up on all overdue accounts and send to debt collectors, as required.
∎ Monitor any unallocated payments from customers and apply the same with future bills.
∎ Monitor credit limits of all outstanding accounts.
∎ Check and verify that all open Paymaster accounts were justified and should comply with company's policy and procedure.
∎ Ensure that all credit applications properly documented approved by the management and are based on hotel's policy and procedure.
∎ Perform an audit trail for all debtors account to ensure that proper documentation is in place and charges are accurate.
∎ Respond and resolve customer queries.
∎ Reconcile all unpaid and short paid aged accounts.
∎ Reserve for doubtful accounts is maintained in accordance with company policy and the bad debt reserve report is in agreement with the G/L.
∎ Assign AR number to the approved accounts.
∎ Assign credit limit to the approved accounts.
∎ Black list accounts which are defaulters.
∎ Ensure compliance on Payment Card Industry (PCI) policy.
∎ Scrutinising all accounts to ensure adherence to the credit policy; includes pursuing and collecting delinquent accounts, providing status reports of uncollectable accounts and referring delinquent accounts to a collection agency.
∎ Collaborating with managers to ensure that all associated accounting requirements are adhered to in accordance with established procedures / time lines.
∎ Supervise Accounts Assistants regarding accurate and timely billing, processing of credit card inquiries and charge backs, billing of FIT accounts, processing of advance deposits and advance deposit refunds.
∎ Schedule and precedes the monthly credit meetings.
∎ Properly motivate the credit and collections staff.
∎ Reviewing Credit/Accounts Receivable operation and recommending/implementing improvements.
∎ Work with the Finance Manager to build effective working relationships with internal and external customers.
∎ Other special duties as and when assigned by the Financial controller.
Additional Requirements:
∎ Age 28 to 40 years
Salary: Negotiable
Compensation & Other Benefits:
∎ Mobile bill, Medical allowance, Provident fund, Insurance
∎ Lunch Facilities: Full Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Service Charge as per Sheraton Dhaka policy.
Application Deadline: 27 Jan 2021
Company Information:
∎ 28 Dec 2020
∎ Sheraton Dhaka
∎ Address : 44, Kemal Ataturk Avenue, Banani, Dhaka 1213
∎ Business : A worldwide chain Five Star Hotel operated under Marriott International Inc.
Category: Hospitality/ Travel/ Tourism
:
Source: bdjobs.com
Deadline Expired on 27th Jan 2021
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