Financial Controller

13 hours ago


Muscat, Muscat, Oman Shangri-La Group Full time
Job Title

Credit Manager

Company Overview

Shangri-La's Barr Al Jissah Resort is a premier destination nestled between the dramatic backdrop of rugged mountains and the pristine waters of the Sea of Oman.

The resort features 22 Food and Beverage outlets, a 1,056 sqm ballroom with 8 breakout rooms, a wide variety of recreational facilities, and two spas including the sole Luban Spa in Oman.

Job Description

The Credit Manager will oversee all aspects of credit control and ensure timely collection of receivables.

Closer collaboration with internal departments, external clients, and key stakeholders is required to maintain healthy cash flow and mitigate credit risks.

The role requires upholding Shangri-La's financial policies and procedures, ensuring compliance with local regulations.

Responsibilities
  • Develop and implement effective credit management strategies.
  • Maintain accurate customer account records and assess creditworthiness.
  • Approve or escalate credit applications according to hotel policies.
  • Ensure timely and accurate invoicing.
  • Monitor aged receivables and follow up on overdue accounts.
  • Liaise with Sales and Reservations teams to resolve disputes or discrepancies.
  • Conduct regular credit risk assessments and recommend mitigation strategies.
  • Monitor market and client financial stability for early warning signs.
  • Prepare regular credit reports, including aging reports, and present them to senior management.
  • Analyze trends in collections and propose improvements.
Requirements
  • A bachelor's degree in finance, accounting, or a related field is preferred.
  • Strong understanding of credit management, risk assessment, and accounts receivable processes.
  • Strong mathematical and analytical skills.
  • Proficient in financial systems (e.g., OPERA, SunSystems) and Microsoft Office.

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