Credit Manager (Saudi National)

Position Overview

We are seeking a highly motivated and detail-oriented Credit Manager (Saudi National) to join our esteemed team in Jeddah, Saudi Arabia. In this pivotal role, you will oversee the day-to-day operations of accounts receivable, ensuring the timely and accurate issuance of invoices while proactively managing delinquent accounts. Your expertise will be instrumental in evaluating creditworthiness for new customers, fostering financial stability, and maintaining robust credit policies. This position offers an exceptional opportunity to contribute to the financial health of a globally recognized luxury hospitality brand, where precision, accountability, and strategic decision-making are paramount.

Key Responsibilities

As a Credit Manager, your core responsibilities will encompass a range of critical functions designed to uphold financial integrity and operational efficiency:

• Accounts Receivable Management: Oversee the generation, verification, and timely distribution of invoices, ensuring accuracy and adherence to established timelines. Conduct thorough follow-ups on overdue accounts to mitigate financial risks and optimize cash flow.
• Credit Authorization and Policy Enforcement: Evaluate credit applications for new customers, applying analytical judgment to determine credit limits and terms in alignment with company policies. Collaborate closely with sales and catering teams to facilitate seamless credit decisions that support business growth while safeguarding financial interests.
• Financial Reporting and Compliance: Compile, audit, and present accurate financial reports, including period-end closing procedures, credit evaluations, and compliance documentation. Ensure all financial activities adhere to regulatory standards, internal policies, and industry best practices.
• Tax and Billing Oversight: Monitor tax obligations, ensuring timely collection, accrual, and reporting. Validate property billings to prevent errors and delays, thereby maintaining the integrity of financial transactions and customer satisfaction.
• Strategic Planning and Goal Achievement: Develop and implement targeted financial goals, including performance benchmarks, budgetary targets, and team objectives. Utilize data-driven insights to optimize receivables management and enhance overall financial performance.
• Cross-Functional Collaboration: Serve as a liaison between finance, sales, and operational departments, providing guidance on accounting policies, budgetary controls, and efficient resource allocation. Foster positive working relationships with customers, executives, and team members to cultivate a collaborative and high-performing work environment.
• Problem Solving and Continuous Improvement: Analyze financial data to identify trends, discrepancies, or risks, proposing and implementing solutions to address challenges. Stay abreast of technological advancements and industry developments to enhance the efficiency and effectiveness of credit management processes.

Qualifications and Experience

To excel in this role, you must possess the following qualifications and attributes:

• A bachelor’s degree in Finance, Accounting, or a related field from an accredited institution.
• No prior work experience is required, making this an ideal opportunity for recent graduates or early-career professionals eager to establish themselves in the field of credit management.
• Strong proficiency in financial software, data analysis tools, and Microsoft Office Suite, with the ability to leverage technology to streamline processes and generate actionable insights.
• Exceptional analytical, organizational, and communication skills, enabling you to interpret complex financial data, articulate recommendations, and collaborate effectively with stakeholders at all levels.
• A commitment to ethical integrity, accuracy, and attention to detail, ensuring compliance with financial regulations and company standards.
• Fluency in English is required; proficiency in Arabic is a plus.

Why Join Us?

As a Credit Manager at The Ritz-Carlton, you will be an integral part of a world-class organization renowned for its unwavering commitment to luxury, excellence, and guest satisfaction. This role offers the following benefits and opportunities:

• Competitive compensation and benefits package, including health insurance, retirement plans, and professional development opportunities.
• A dynamic and inclusive work environment that values diversity, creativity, and innovation.
• The chance to contribute to a legacy of exceptional service, where your work directly impacts the financial success and reputation of a globally recognized brand.
• Access to training programs and resources designed to foster career growth and leadership development.
• Opportunities to collaborate with industry-leading professionals and participate in initiatives that drive operational excellence.

We are an equal opportunity employer committed to creating a diverse and inclusive workplace. We celebrate the unique backgrounds, talents, and perspectives of our associates and strive to provide an environment where everyone can thrive. If you are a detail-oriented professional with a passion for financial management and a desire to contribute to a legacy of luxury, we invite you to apply and become a part of our exceptional team.