Credit managers/supervisors in Canada manage credit risks and ensure the timely collection of payments from customers. This role is responsible for developing and implementing credit policies, analyzing customer creditworthiness, and overseeing the entire credit and collections process.
Typical credit manager/supervisor duties:
Develop, implement, and maintain a comprehensive credit policy that balances risk mitigation with customer satisfaction.Analyze customer financial statements, credit reports, and other data to assess creditworthiness and potential risks.Develop and implement strategies to minimize credit risks, such as obtaining credit insurance or requiring advance payments.Prepare reports on credit performance metrics (e.g., accounts receivable turnover, bad debt ratio) to analyze trends and identify areas for improvement.
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Salary for Credit Manager/Supervisor in Ottawa, ON
82913 -
116078
25th percentile
82913
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
96983
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
116078
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
