Cluster Senior Accounts Receivable

Mondrian is a way of travel. With its groundbreaking design and progressive programming, it is a “must” destination for locals or travelers. Mondrian is always at the heart of the most exciting cultural scenes in the world, serving up innovation and creativity for everyone. Mondrian provides a playful framework so that guests and locals alike can immerse themselves in the culture of each city it inhabits. Perfectly nestled in the base of the glittering Hollywood Hills, Mondrian LA has made a name for itself as an icon in its own right. Enter through Mondrian’s 30-foot mahogany doors and settle into your luxurious retreat while discovering the wild within. Welcome to a world of effortless sophistication and vibrant culture.

The Cluster Senior Accounts Receivable will be responsible for managing the activities of the credit and collections process for multiple hotels within the designated cluster. This role ensures that credit policies are implemented consistently across all assigned properties, and outstanding balances are managed effectively. The Cluster Senior Accounts Receivable collaborates closely with the finance, sales, and operations teams to ensure the financial stability of the cluster by minimizing credit risk and optimizing cash flow. Under the general guidance of the Cluster Assistant Director of Finance, the Cluster Senior Accounts Receivable will provide consistent oversight of receivables management at the assigned hotels by focusing on the proper review, timely and accurate processing, and communication of all client billing matters, and the collection thereof, while ensuring that all prescribed internal controls are in place and operating effectively. The role will enforce compliance with all federal, state, and local regulations and Standard Operating Procedures; and safeguard assets of the owners/investors accordingly.

What you will do

• Credit Management:
  • Oversee credit operations for multiple hotels in the cluster.
  • Ensure adherence to the company’s credit policies and procedures.
  • Assess and approve credit applications for corporate and individual clients in line with company standards.
  • Conduct periodic reviews of credit limits for key accounts and make recommendations for adjustments as needed.
  • Monitor aging of receivables and implement effective credit control measures.
• Payment and Collections:
  • Process deposit payments in accordance with contracted deposit schedules.
  • Handle the collection process, ensuring timely recovery of outstanding receivables.
  • Work closely with the operations and finance teams at each hotel to resolve payment issues, customer complaints, and reduce aged debt.
  • Maintain regular communication with clients regarding payment terms, overdue accounts, and dispute resolution.
  • Prepare and distribute reports on overdue accounts, credit risks, and collection progress to management.
  • Escalate significant delinquent accounts to the Cluster Director of Finance, as needed, and prepare any required bad debt write-offs for approval.
• Risk Assessment:
  • Run credit checks to assess the creditworthiness of clients.
  • Identify and mitigate potential credit risks within the cluster by closely monitoring payment trends and client behaviors.
  • Collaborate with sales teams to ensure credit terms are appropriate for each client.
  • Recommend credit holds or suspensions on accounts that pose a risk to the company.
  • Track and prepare comp-allotment, commission reports, and approve the calculation of attrition and cancellation requirements according to contracted terms.
  • Work with management across the cluster to help implement company policies and procedures that ensure PCI DSS compliance and help protect credit card data from theft and fraud.
  • https://careers.accor.com/global/en/job/cluster-senior-accounts-receivable-in-qantas-lounges-by-accor-los-angeles-west-hollywood-jid-74463