Finance Assistant, Credit Management – Finance Shared Services – Dubai Shared Services – Jumeirah Group
About the job
- Implement the SSC’s credit policies and procedures in order to maximize hotel profitability through reducing bad debt exposure and improving working capital.
- Attend the monthly credit meetings with the relevant SBU representatives as and when necessary and highlight monthly performance and bad debts, and discuss any accounts concern in order to provide visibility on the SBUs’ credit position and resolve any issues in a timely manner.
- Execute all credit management activities such as current and new customer credit applications and accounts in order to ensure they comply with the SSC’s policies and procedures.
- Investigate customer’s credit worthiness through various available means and recommend credit approvals and disapprovals in order to ensure that all credit options are granted to reliable and solvable customers.
- Coordinate with the Accounts Receivable Manager, the SBUs’ Directors of Finance and Finance Managers, and Business Support functions on all matters pertaining to credit of guests and city ledger accounts.
- Support guests and other departments in matters concerning the request for credits, the issuance of credits, the formulation of credit conditions, invoice schedules and provide any assistance with credit requirements in order to ensure that all credits granted have conditions that allow capture of revenues while reducing financial risks.
- Continuously monitor key credit accounts and their related transactions in order to ensure that the credit granted to corporate and special clients is in accordance with their contract.
- Provide support during the annual audit process by working with internal and external auditors to answer queries and provide any documents required in a timely manner.
- Ensure compliance to all relevant Health, Safety and Environment management procedures and controls within a defined area of activity so that Jumeirah Group provides world class and luxurious hospitality services to its guests.
- Contribute to the identification of opportunities for participating in change initiatives, programmes and projects taking into account best practices, improvement of processes and productivity improvement.
- Perform related tasks and duties as assigned and deemed responsible by management.
- Bachelor’s Degree in Finance or Accounting.
- Strong understanding of key financial and accounting processes (accounts payables, accounts receivables, collection cycles, reconciliation etc.)
- Strong knowledge of financial control, compliance and reporting.
- Proficiency in software applications and databases, Microsoft Office and analysis tools.
- Department: Other Finance & Accounting
About you
- Language required: English.
The company
JUMEIRAH™ Hotels & Resorts are regarded as among the most luxurious and innovative in the world and have won numerous international travel and tourism awards.
The company was founded in 1997 and currently operates 20 hotels in 7 countries. Jumeirah’s promise of STAY DIFFERENT™ delivers imaginative and exhilarating experiences in culturally connected environments offering a thoughtful and generous service.
In line with this promise, the individuality of the Jumeirah portfolio is unmistakable, encompassing Jumeirah at Etihad Towers in Abu Dhabi; the world renowned Burj Al Arab Jumeirah, the world’s most luxurious hotel and recognised as the symbol of Dubai, Jumeirah Beach Hotel, Jumeirah Creekside Hotel, Jumeirah Emirates Towers, Jumeirah Zabeel Saray and Madinat Jumeirah in Dubai; Jumeirah Messilah Beach Hotel & Spa in Kuwait; Jumeirah Dhevanafushi and Jumeirah Vittaveli in the Maldives; Jumeirah Himalayas Hotel in Shanghai; Jumeirah Frankfurt in Germany; Jumeirah Port Soller Hotel & Spa in Mallorca, Spain; as well as Jumeirah Carlton Tower and Jumeirah Lowndes Hotel in London.
Jumeirah Group also manages two five-star luxury serviced residences: Jumeirah Living World Trade Centre in Dubai and Grosvenor House Suites by Jumeirah Living in London; Talise, our spa brand; Jumeirah Restaurants, our restaurant division; the thrilling Wild Wadi Waterpark; and the Emirates Academy of Hospitality Management.
Whenever you stay with us or use any of our services, our aim is for you to come away with a sense of the Jumeirah spirit - a genuinely caring and personal service. In our own words, to STAY DIFFERENT™.
Finance Assistant, Credit Management – Finance Shared Services – Dubai Shared Services – Jumeirah Group
Full-time, Indefinite
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