Credit Controller - Mumbai, India - The Mirador Hotel

The Mirador Hotel

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

1) Have you worked with Brand Hotels in Mumbai as Assistant Credit Manager_

CREDIT MANAGER DUTIES AND RESPONSIBILITIES:

Periodic credit reviews of existing customers, and the assessment of the credit worthiness of potential customers, with the goal of optimizing the mixof company sales and bad debtlosses.

Manage relations with collection agencies.
Manage relations with credit reporting agencies.
Manage relations with credit insurance providers.
Manage relations with the sales department.
Manage all accountqueries and disputes.
Manage Accounts Receivableand ensure all debtors accounts are reconciled regularly.
Daily review of Accounts Receivable ledgerand monitor incoming payment.
Responsible for Ageingof Debtors and maintaining the same under control.
Responsible for compiling all group billing.
Focus on minimizing the AR outstanding balance.
Responsible for maintaining the debtor's ledger with regular review of the aged accounts.
Monitor the AR ledger on a daily basis, If any discrepancies found then corrective measures to be taken after coordinating with the PMSvendor.
Ensuring prompt, accurate and efficient system for billing of current and aged accounts.
Review the AR Agingreport on a daily basis.
Review the GuestLedger High Balance report daily and reporting discrepancies, ensuring checkin/ checkoutprocedures are followed.
Administer credit processes and policies for other departments in the hotel.
Ensure the accuracy of all chargesand credits to the various accounts and that they are properly posted on a timely basis.
Ensure the timely credit collections of all outstanding payments.
Follow up on all overdue accounts and send to debtcollectors, as required.
Monitor credit limitsof all outstanding accounts.
Check and verify that all open Paymaster accounts were justified and should comply with company's policy and procedure.
Perform an audittrail for all debtors account to ensure that proper documentationis in place and charges are accurate.
Respond and resolve customer queries.
Reconcile all unpaid and shortpaid aged accounts.
Reservefor doubtful accounts is maintained in accordance with company policy and the bad debt reserve report is in agreement with the G/L.
Assign AR number to the approved accounts.
Assign credit limit to the approved accounts.
Black list accounts which are defaulters.
Ensure compliance on Payment Card Industry (PCI) policy.
Scrutinising all accounts to ensure adherence to the credit policy; includes pursuing and collecting delinquent accounts, providing statusreports of uncollectable accounts and referring delinquent accounts to a collection agency.
Collaborating with managers to ensure that all associated accounting requirements are adhered to in accordance with established procedures / time lines.
Supervise Accounts Assistants regarding accurate and timely billing, processing of credit card inquiries and charge backs, billing of FITaccounts, processing of advance deposits and advance deposit refunds.
Scheduleand precedes the monthly credit meetings.
Properly motivate the credit and collections staff.
Reviewing Credit/Accounts Receivable operation and recommending/implementing improvements.
Work with the Finance Manager to build effective working relationships with internal and external customers.
Other special duties as and when assigned by the Financial controller.