Accounts Receivable Executive

1 week ago


Mumbai, Maharashtra, India AccorHotel Full time

Company Description

Fairmont Hotels & Resorts is where the intimate equally coexists with the infinite - an unrivaled portfolio of more than 90 extraordinary hotels where grand moments of life, heartfelt pleasures and personal milestones are celebrated and remembered long after any visit.

Since 1907, Fairmont has created magnificent, meaningful and unforgettable hotels, rich with character and deeply connected to the history, culture and community of its destinations - places such as The Plaza in New York City, The Savoy in London, Fairmont San Francisco, Fairmont Banff Springs in Canada, Fairmont Peace Hotel in Shanghai, and Fairmont The Palm in Dubai.

Famous for its engaging service, awe-inspiring public spaces, locally inspired cuisine, and iconic bars and lounges, Fairmont also takes great pride in its pioneering approach to hospitality and leadership in sustainability and responsible tourism practices.

Fairmont is part of Accor, a world leading hospitality group counting over 5,400 properties throughout more than 110 countries, and a participating brand in ALL - Accor Live Limitless - a lifestyle loyalty program providing access to a wide variety of rewards, services and experiences.


  • Supervise and coordinate the activities of the Accounts Receivable section.
  • To assist the Credit Manager, in efficient and timely collection of receivables.
  • Ensure cash receipts, claims, or unpaid invoices are accounted for properly.
  • Calculate and enter charges for interest, refunds, or related items.
  • Responsible for account statements or other related reports as per the standards.
  • Any matter which may affect the interests of
    the hotel should be brought to the attention of the Management.
  • Ensure to process the third party claims and the maintenance, review, updating and collection of guest accounts in accordance with the credit policy.
  • Responsible for various transactions including refunds, abilitytopay allowances, discounts and writeoffs.
  • Investigate special collection problems and confer with financially responsible persons as required to advise concerning credit policy and to make arrangements for payment of outstanding accounts.
  • Recommend transfer of guest accounts to Delinquent Accounts section.
  • Maintain liaison with other functions to coordinate efforts in resolving problems concerning collection of guest accounts receivable.
  • Assist in the preparation of reports and analyses, setting forth progress, adverse trends and appropriate recommendations or conclusions.
  • Plan and schedule work to ensure proper distribution of assignments and adequate manning for subsequent performance of duties.
  • Responsible for compliance of established practices, and keeping employees abreast of current changes and standards.
  • Develop and recommend operating policies and procedures for Accounts Receivable section.

Qualifications

  • Selfconfidence, motivation, drive and tenacity.
  • Ability to think strategically, inductively, and creatively.
  • Minimum 2 to 3 years of Experience.
  • At least 01 years of experience in similar role.
  • Excellent verbal and written communication; analytical and reasoning skills; well versed with problem solving techniques.

Additional Information Our commitment to Diversity & Inclusion**:
We are an inclusive company, and our ambition is to attract, recruit and promote diverse talent.

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