Singapore Jobs Credit Manager Position at FURAMA PTE. LTD.

Job Info

Basic Function

Oversee the overall Credit, Accounts Receivable and Cashiering functions with emphasis on timely dispatch of bills and subsequent collection of all accounts. Identify potential bad debts and recommend remedial actions to limit such losses. Conduct all necessary credit checks on all new credit applicants and to make recommendations according to existing credit policies. Liaise with Credit Card Centre to ensure that payments are received on time.

Responsibility and Authority

Major Duties and Responsibilities

i. Is responsible for the prompt identification of erring accounts and the

efficient collection of debts on behalf of the Hotel and other companies

in the group.

ii. Also responsible for the evaluation and approval of credit applications.

Daily Duties and Responsibilities

i. Ensure that correct billing instructions are received in advance for all groups (both regular and ad-hoc).

ii. Ensures compliance with all prevailing credit policies and procedures by all departments concerned.

ii. Ensure all guest folios are duly checked pertaining to Rates, Room Nights, Room Type before they are dispatch to customers.

iv. Ensure that all adjustments for under and overcharge are duly approved by an authorized Officer before updating.

v. Liaise and check with relevant department on all disputes pertaining to billings.

vi. Work closely with the Front Office Manager on all high balance accounts in the Front Office.

vii. Ensure that all credit limits are not exceeded and that all security deposits are received in accordance with contract.

vii. Ensure that all billings are done in accordance to established policies and procedures and that monthly statements of accounts and other routine reminder letters are rendered as and when required.

ix. Oversee the entire Point of Sales and Carpark Cashiering function and to attend to all its related problems and other outstanding matters.

x. Ensure that all rentals and all receivables are properly billed and subsequently collected.

xi. Ensure that all commission due to third parties are correctly computed and paid on time.

Periodic Duties and Responsibilities

i. Liaise with the Hotel’s appointed Legal Advisers on all legal matters pertaining to debt collection.

ii. Study, analyze and report of all outstanding accounts during the Credit Meeting and as and when necessary.

ii. Attend all Sales Meetings so that relevant matters relating to Credit and Accounts Receivable are highlighted and to take note of special arrangements made by Sales Department.

iv. Assist in identifying and reporting weaknesses in the existing system with proposals to remedy them.

v. Review all credit applications and submit recommendations to Financial Controller / Finance Manager.

Occasional Duties and Responsibilities

i. Perform any other duties that may be assigned from time to time.

** duties of Chief Cashier in relation to forex/banking in her absence.

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