Company Description

Raffles & Fairmont Red Sea, positioned in the Kingdom's groundbreaking Red Sea Project, will provide visitors access to a nature-focused resort. With 361 rooms, eleven distinct dining concepts, including overwater restaurants with views of the Red Sea and the mangroves, and a spa. The resort will be situated next to an 18 hole championship golf course, reflecting Fairmont's association as a world class golf destination. It will set new standards in sustainable development, positioned on 200km of untouched coastline, an archipelago of more than 90 unspoiled islands, dormant volcanoes, rich marine habitat, and ancient archaeological sites.

Job Description

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 reports and presentations for senior management
Implement and maintain credit management software systems
Train and supervise credit department staff
Stay updated on industry trends and best practices in credit management

Qualifications

Bachelor's degree in Finance, Accounting, or related field
Minimum 5 years of experience in credit management, preferably in the hospitality industry
Professional certifications such as Certified Credit Professional (CCP) or Certified Credit Executive (CCE) preferred
Strong knowledge of financial analysis and credit risk assessment techniques
Proficiency in accounting software, Microsoft Office Suite, and CRM systems
Experience with international clientele and understanding of global financial practices
Familiarity with Saudi Arabian financial laws and regulations
Excellent analytical and problem-solving skills
Strong leadership and team management abilities
Exceptional communication and negotiation skills
Ability to work under pressure and meet deadlines in a fast-paced environment
Fluency in English; knowledge of Arabic is a plus

Additional Information

What's In It For You...

The opportunity to join Accor, a leading global hospitality group with an exceptional portfolio of luxury brands.
The chance to define the pre-opening operations for two iconic resorts at one of the world's most anticipated new destinations.
Become part of a team dedicated to creating unparalleled luxury hospitality experiences.
A competitive package and excellent opportunities for professional growth.
Outstanding discounts across the global Accor and luxury brand network.

Credit Manager - Raffles & Fairmont The Red Sea