What is the job
Enforce and maintain credit and collection policies and procedures to maximize hotel profitability through reducing bad debt exposure and improving working capital.
At Holiday Inn we want people who are friendly, welcoming and full of life; people who are always finding ways to make every guest’s experience an enjoyable one.
Financial returns:
·Ensure adherence to the hotel's credit policy
·Reports directly to and communicates with the Director of Finance and Business Support (DOFBS) on all matters pertaining to credit and collection of guest and city ledger accounts
·Liaises closely with the City Ledger Supervisor in reviewing and maintaining the Aged Trial Balance of Accounts Receivable
·Monitors the special billing arrangements for groups and conventions as required to ensure that postings are in line with customer requirements
·Reviews city ledger daily for correct postings of charges and take corrective action where necessary
·Monitor and pursue collection of overdue accounts




·Review bad debts listing monthly to prepare collectability analysis for monthly provision for doubtful debts
·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
·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
·Works with Superior in the preparation and management of the department's budget
People:
·Direct day-to-day purchasing activities, plan and assign work

📌 Credit Manager (Bengaluru)
🏢 IHG
📍 Bengaluru