Credit Manager - Raffles & Fairmont 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 rep...