Accounts Receivable, Fairmont The Red Sea

Company Description

Raffles & Fairmont the Red Sea, positioned in the kingdom's groundbreaking Red Sea Project, will provide visitors access to two nature-focused resorts. With 361 rooms, 11 distinct dining concepts, including overwater restaurant with views of the Red Sea and the mangroves, and a Spa.

Raffles The Red Sea will be a sanctuary of refined elegance and timeless luxury, nestled within Saudi Arabia’s extraordinary Red Sea destination. Blending Raffles’ legendary graciousness and personalized service with the natural beauty and sustainability ethos of Red Sea Global, the property offers a curated haven for the world’s most discerning travelers.

Job Description

Fairmont The Red Sea is seeking a detail-oriented and organized Accounts Receivable professional to join our finance team in Umluj, Saudi Arabia. In this role, you will be responsible for managing all aspects of accounts receivable operations, ensuring accurate and timely collection of payments while maintaining strong customer relationships. The ideal candidate will demonstrate exceptional analytical skills, a commitment to accuracy, and the ability to work efficiently in a fast-paced hospitality environment.

• Manage the complete accounts receivable cycle, including invoice generation, payment processing, and account reconciliation
• Monitor outstanding invoices and implement effective collection strategies to minimize overdue accounts
• Apply cash receipts to customer accounts accurately and in a timely manner
• Prepare and maintain detailed accounts receivable reports and aging schedules for management review
• Investigate and resolve billing discrepancies, payment issues, and customer inquiries with professionalism and efficiency
• Coordinate with sales, operations, and customer service teams to ensure accurate customer account information and billing accuracy
• Maintain compliance with Saudi Arabian financial regulations and company accounting policies
• Utilize accounting software and ERP systems to record transactions and generate financial reports
• Support month-end and year-end closing procedures related to accounts receivable
• Develop and maintain strong working relationships with customers to facilitate timely payments

Qualifications

• Proven experience in accounts receivable management, collections, or related accounting functions
• Strong proficiency with accounting software, ERP systems, and Microsoft Office Suite
• Comprehensive knowledge of invoicing, billing processes, and cash application procedures
• Demonstrated ability to analyze financial data and identify discrepancies with accuracy
• Excellent organizational and time management skills with the ability to prioritize multiple tasks
• Strong written and verbal communication skills in English
• Detail-oriented mindset with a commitment to accuracy and compliance
• Problem-solving abilities and capacity to work independently and collaboratively
• Experience in the hospitality or hotel industry (preferred)
• Familiarity with Saudi Arabian tax regulations and financial compliance requirements (preferred)
• Knowledge of credit management and customer account management best practices (preferred)

Additional Information

• Understanding of Ultra-Luxury guest expectations and brand alignment.
• experience in project coordination, scheduling, and document control during pre-Opening stages.
• Experience in pre-Opening is a must.
• A proactive, anticipatory approach with a strong sense of ownership and accountability.
• Impeccable grooming and personal presentation aligned with Luxury standards.