Duties and responsibilities
• Ensure the timely billing of Accounts Receivable
• Balance daily transfer to city ledger and post, edit and update to accounts receivable system.
• Handle correspondence and queries regarding city ledger accounts
• Reconcile all credit accounts with party records/statement
• Credit card reconciliation with Bank statement and OPERA
• Calculate travel agent commissions and prepare travel agent cheque listings and handover to Accounts Payable.
• Plan strategies and techniques for a more productive and speedy collection of accounts.
• Follow policy and procedures for credit & collection.
• Manage credit arrangements and in-house guest accounts
• Coordinate closely with other departments to ensure the correctness of accounts billed and any credit facilities
• Review and monitor the aging of accounts receivables on a regular basis
• Assists in control and collection of outstanding guest and city ledger accounts
• Review provision, write-offs and other adjustments immediately prior to month end
• Strict implementation of the CSA and achieve 100% score in CSA Audit of Accounts Receivable and Credit Card category.
• Performs related duties and special tasks assigned by the Management
• Monitors the special billing arrangements for groups and conventions as required to ensure that postings are in line with customer requirements
• Respond to and resolve account queries in conjunction with accounts receivable
• Ensure adherence to the hotel’s credit policy.
• City ledger/Guest ledger/Deposit ledger reconciliation on daily basis.
• Proper storage and access, for all contracts, leases and other financial records
What we need from you
Bachelor’s degree / equivalent in Accounting or Finance and 1/2 years in hotel finance operations with one year in a supervisory role, or an equivalent combination of education and experience.
How do I deliver this?
We genuinely care about people and we show this through living out our promise of True
📌 Credit Executive (Bengaluru)
🏢 IHG
📍 Bengaluru