Credit Manager

Grand Mercure Bengaluru at Gopalan Mall managed by Accor is located near the heart of Bengaluru with close proximity to major techparks and key commercial & residential bubbles 212 Modern & Lavish rooms including 29 one and two bedroom suites with private terrace 10 elegant meeting spaces including a quaint alfresco and open terrace that can cater from 20 - 400 guests.

Features an all-day dining restaurant, cafe & alfresco, a fitness
centre, spa, swimming pool, an entertainment zone, library
lounge, art gallery and business centre

Key Responsibilities: Ensure each subordinate receives whatever training is necessary for job competence; training schedule is prepared timely and submitted higher management.

Financial Management

• Is responsible for maintaining debtors with in average credit period and ensure all debtors are recorded in books and followed up timely for payments to avoid bad debts.

• Operational Management

• To Manage Accounts Receivable and ensure all debtors accounts are reconciled regularly.
• Responsible for Ageing of Debtors and maintaining the same under control.
• To ensure the accuracy of all charges and credits to the various accounts and that they are properly posted on a timely basis.
• To be responsible for the preparation and mailing of account statements to customer on a timely basis and to monitor the subsequent collection of all accounts.
• To conduct all necessary credit checks on all new credit applicants, to make recommendations according to existing credit policies and to maintain details of credit given to customers
• To be responsible for completing and updating records of debtors.
• To review all Sales contracts to ensure it covers all areas of exposure.
• Ensuring Balance Confirmations from all debtors on yearly basis.
• To review all PM/PQ pending on daily basis and ensuring the same is cleared before month end. 
• Responsible for Credit Card Reconciliation and accurate posting of credit card charges and ensuring no overdue amounts in credit card
• Responsible for In House guest credit limit and ensuring Pre-Auth is taken required.
• Close coordination with Sales and Operations to bring consistency and timely billing.
• Responsible for collection of all FIRC’s for statutory audit purpose for all foreign Inward remittances on timely basis.
• Coordinate with Internal and Statutory Auditors.
• Process Travel Agent Commission on timely basis
• To keep close contacts with Airlines, Companies, corporate and individual to ensure efficient credit recovery and credit review.

MBA In Finance