FIVE Hotels and Resorts | Full time
Accounts Receivable Assistant Manager - FIVE LUXE
Dubai, United Arab Emirates | Posted on 11/13/2024
A Bachelor's Degree in Finance, Accounting, or a related field is preferred.
Professional certifications like CMA, CPA, or ACCA will be Advantageous.
Comprehensive knowledge of UAE Finance Regulations and Practices.
A minimum of 4 years of Accounts Receivable or Credit Management Experience, with at least 2 years’ experience in a Supervisory role within a Luxury Hotel environment in the UAE.
Comprehensive knowledge of Accounting Principles and Credit Management Practices.
Computer literacy, with a mastery of Word, Excel, and Outlook, while possessing an exceptional knowledge of Financial Software, like Oracle or SAP.
Excellent communication and interpersonal skills, leveraging strong negotiation skills to engage effectively with FIVE Tribe Members and stakeholders.
Strong analytical skills, coupled with a meticulous Eye for Detail, ensuring every aspect of the Operation is curated to perfection.
Remarkable ability to Multitask, Prioritise, and Manage Time effectively within a Fast-Paced environment.
Next-Level Team Management and Leadership skills, effectively leading and inspiring the FIVE Tribe to New Heights.
A hands-on attitude, fuelled by a ‘Can-Do!’ Spirit.
Assists in establishing and refining Credit Limits for esteemed Clients, ensuring they align with FIVE’s Premium Credit Policies and reduce Financial Risk.
Conducts thorough Credit Assessments and maintains up-to-date Credit Profiles, offering an Exquisite level of Diligence to protect FIVE’s interests.
Oversees the Accounts Receivable Team, ensuring Precise and Timely billing, invoicing, and payment postings.
Manages the daily processing of Guest and Corporate charges, adjustments, and write-offs, ensuring Accuracy and Consistency across all Accounts.
Reconciles Accounts Receivable with Precision, promptly Addressing and Resolving any discrepancies to maintain Financial Harmony.
Develops and implements ‘FIVE-Star’ Collection Strategies, proactively following up on Overdue Accounts to secure Timely Payments while Preserving Client Relationships.
Engages with clients to Resolve Payment Issues, demonstrating FIVE’s commitment to Seamless, ‘FIVE-Styled’ Service.
Prepares and Maintains aged Debt Reports, highlighting any Risk Accounts for strategic management review.
Delivers timely, detailed Reports on Accounts Receivable status, cash flow projections, and credit exposure, ensuring Informed decision-making.
Analyses Accounts Receivable Data to uncover trends and insights, identifying potential areas for Refinement and Innovation.
Collaborates closely with Front Office, Sales, and Reservations Teams to ensure Seamless Billing Processes that Enhance the client Journey at FIVE.
Works alongside the Finance Team on month-end closings, audits, and financial reporting, providing Relevant Documentation as required.
Ensures adherence to Internal controls, policies, and financial regulations, safeguarding FIVE’s Financial Integrity.
Supports Financial Audit Preparations with Meticulous documentation and assistance, showcasing FIVE’s Commitment to Compliance.
Trains, mentors, and inspires the FIVE Tribe, fostering a Dynamic and High-Performance Culture that aligns with FIVE’s next-level Standards.
* Offers ongoing Performance Feedback, addressing any team-related matters to maintain a Thriving and Collaborative Environment.
