Credit Manager (Saudi National)

Company Description

Welcome to SLS The Red Sea, where bold creativity and unapologetic luxury come to life.

Part of Ennismore’s globally celebrated lifestyle portfolio, SLS Hotels are known for redefining hospitality through striking design, elevated service, and magnetic social energy. Now open on the Red Sea coast, SLS The Red Sea stands as one of Saudi Arabia’s most exciting lifestyle destinations.

The resort features 150 impeccably designed keys, five dynamic Food & Beverage venues, and a luxurious spa sanctuary, offering guests a seamless blend of indulgence, entertainment, and escape. From vibrant dining experiences to moments of pure relaxation, every detail is crafted to surprise, inspire, and connect.

More than a hotel, SLS The Red Sea is a living stage—a place where creativity thrives, individuality is celebrated, and bold ideas are encouraged. As the journey continues beyond opening, we are building a passionate team to shape the future of this iconic destination. If you’re driven by excellence, energized by lifestyle hospitality, and ready to be part of something extraordinary, this is where your story continues.

Job Description

At SLS The Red Sea, precision behind the scenes is just as important as the exceptional experiences we create for our guests. As a Credit Manager, you will play a key role in protecting the hotel's financial health by managing credit operations, overseeing accounts receivable, and ensuring timely collections while maintaining strong relationships with our guests and business partners.

Working closely with the Finance, Sales, Events, and Front Office teams, you will assess credit risks, manage outstanding balances, maintain accurate financial records, and ensure compliance with hotel policies and financial regulations.

Key Responsibilities

• Oversee the hotel's credit operations and accounts receivable to ensure effective financial control and healthy cash flow.

• Review and approve credit applications for corporate clients, groups, and other business partners in line with hotel policies.

• Establish and monitor credit limits and payment terms in coordination with the Director of Finance.

• Ensure accurate and timely invoicing, billing, and collection of outstanding payments.

• Monitor accounts receivable aging reports and follow up on overdue balances to minimize financial risks.

• Maintain strong relationships with corporate clients, travel partners, and guests while resolving billing and payment disputes.

• Work closely with Sales, Events, and Front Office teams to ensure credit procedures are consistently followed.

• Prepare monthly credit reports, aging summaries, reconciliations, and bad debt provisions.

• Ensure compliance with Saudi regulations, accounting standards, company policies, and internal audit requirements.

• Maintain accurate credit and billing records using hotel financial systems such as Opera, Sun Systems, and Micros.

• Identify opportunities to improve credit control procedures, collection efficiency, and financial reporting.

• Support financial audits by maintaining complete and accurate documentation.

• Provide guidance and training to relevant departments on credit policies, billing procedures, and financial controls.

• Report credit performance, outstanding balances, and potential financial risks to the Director of Finance.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.

• Minimum 5 years of experience in hotel accounting or finance, including at least 2 years in a supervisory or managerial role.

• Previous experience in luxury or lifestyle hospitality is preferred.

• Strong knowledge of credit control, accounts receivable, collections, and financial reporting.

• Good understanding of IFRS, Saudi financial regulations, and internal financial controls.

• Experience with hotel financial systems such as Opera, Sun Systems, and Micros.

• Strong analytical, organizational, and problem-solving skills with excellent attention to detail.

• Excellent communication and interpersonal skills, with the ability to work effectively across departments.

• Ability to handle confidential financial information with professionalism and integrity.