Accounting Clerk - Accounts Receivable

About Grand Hyatt - The Red Sea

Red Sea Global proudly collaborates with Grand Hyatt, a globally recognized luxury hotel brand. Grand Hyatt - The Red Sea is more than just a hotel—it is a premier destination raising the bar for luxurious hospitality in Saudi Arabia. At Grand Hyatt, genuine care forms the foundation of our guest service and employee experience. Our mission is clear: we nurture people so they can realize their full potential. Every moment here is designed to be exceptional.

Job Scope and Responsibilities

• Manage the smooth execution of Accounts Receivable tasks within the Accounting Department.
• Compile and provide a comprehensive aging report summary critical for Accounting and Control divisions to prepare monthly financial statements.
• Supply sales, marketing teams, and departmental heads with essential data for effective customer management.
• Timely process all charges and credits related to City Ledger accounts.
• Maintain full knowledge and compliance with the organization's credit policies and procedures.
• Verify that all revenue transactions posted to City Ledger via Night and Income Auditors align perfectly with the control accounts.
• Prepare and submit City Ledger adjustments to the Director of Finance for review and approval prior to input or posting by the frontline cashiers.
• Ensure the accuracy of all transactions recorded in individual accounts, including charges and credits.
• Efficiently process invoices and folios, issue both interim and monthly statements, and send follow-up communications promptly.
• Keep postings for invoices and settlements current, ensure payments are correctly aged.
• Record and reconcile returned checks, reconcile unapplied credit balances promptly, and handle payment discrepancies upon receipt.
• Conduct monthly reconciliations of accounts receivable trial balances against General Ledger control accounts, ensuring precise aging reports.
• Maintain and audit all advances and deposits, balancing them monthly to the general ledger.
• Maintain a current, well-organized alphabetical open accounts file for use by both Accounts Receivable and Director of Finance.
• Ensure room rates charged to travel agents or charters comply with contract terms.
• Complete group billing procedures as stipulated by contracts.
• Initiate travel agent commission payments based on verified reports generated by computer systems.
• Supervise and guide junior staff to consistently meet productivity targets according to Hyatt Standards and International Finance Operations Manual.

Our Culture

We foster a workplace that values individuality and encourages creativity while supporting your professional development at every level of your career journey. At Hyatt, taking care of our people is our priority, allowing them to deliver their best.