Omni Hotels & Resorts - Atlanta, GA
posted 2 months ago
The Omni Atlanta Hotel at Centennial Park is seeking a dedicated professional to join our team in maximizing the hotel's cash flow earnings through effective credit and collection policies. This position plays a crucial role in managing the hotel's credit and collection functions, ensuring that we maintain a healthy financial status while providing exceptional service to our guests. The ideal candidate will be responsible for overseeing the accounts receivable process, assisting with billing and customer service functions, and implementing sound credit policies and procedures. In this role, you will reference and approve all credit applications to minimize collection risks, efficiently manage accounts receivable to maximize cash flow, and establish robust credit policies that are adhered to by all departments. You will utilize available resources to increase accounts receivable turnover and collection periods, while also minimizing the overall accounts receivable balance. This includes implementing aggressive advance deposit policies, ensuring timely and accurate initial billings, and conducting follow-up calls within a 10-20 day period. Additionally, you will hold monthly credit meetings to enhance communication among all parties involved in the credit process, including Sales, Catering, Reservations, and Front Desk. Familiarity with state tax laws and tax-exempt status reporting is essential, as you will ensure daily posting of Accounts Receivable payments received from the lockbox and maintain an up-to-date file for payment batches. You will also review and examine check-out accounts daily to enforce the hotel's credit policy effectively.