Assistant Credit Manager Job in Mumbai at Marriott Bonvoy

Marriott Bonvoy is hiring for the role of Assistant Credit Manager!

Responsibilities of the candidate: 

• Generate and deliver accurate and timely financial reports, dashboards, and presentations.
• Perform data auditing, verification, classification, coding, and reconciliation to ensure reporting accuracy.
• Execute Accounts Receivable period-end closing functions, credit processing, and reporting in line with internal policy.
• Adhere strictly to company credit policies and procedures in daily operations.
• Collaborate with Sales and Catering teams to assess and process credit decisions for incoming clients.
• Apply strong understanding of accounting principles, regulatory compliance, and credit control standards.
• Utilize ERP/AR systems and relevant accounting software for processing and information management.
• Analyze data using judgment to determine compliance with laws, standards, and internal controls.
• Remain up-to-date on system knowledge and accounting practices to enhance performance and accuracy.
• Lead and develop the credit and accounts receivable team, fostering a culture of ownership, integrity, and accountability.
• Provide guidance and mentorship to ensure team effectiveness and goal achievement.
• Ensure on-time submission of financial and credit reports, aligned with business goals and KPIs.
• Accurately document profit and loss and manage accounts to achieve budget and performance targets.
• Oversee tax compliance, billing accuracy, and timely collections follow-ups to maintain healthy cash flow.
• Identify areas of improvement and implement strategies to enhance efficiency in receivables and credit workflows.
• Communicate effectively across teams and with leadership through calls, emails, and reports.
• Serve as a liaison for accounting and budgetary queries across departments, ensuring optimal resource utilization.
• Maintain positive relationships with clients and internal stakeholders to support seamless operations.
• Provide timely updates to executives and peers regarding key credit and receivables metrics.

Requirements:

• 4-year bachelor's degree in Finance and Accounting or related major; no work experience required.