Credit Manager/Supervisor

Credit Manager/Supervisor Job Description

Individuals pursuing these positions need strong leadership, management, analytical, communication, negotiation and interpersonal skills. Credit manager and supervisor positions generally require at least five years of credit and/or collections experience. Proficiency with Microsoft Office applications is essential. Many companies prefer candidates who possess a bachelor’s degree in accounting, finance or business administration.

Typical credit manager/supervisor duties:

Administering and enforcing credit and collections policies and procedures

Evaluating credit risk

Developing strategies and goals to reduce exposure to write-offs

Preparing and developing work strategies and goals

Interfacing with multiple departments, including sales and management staff

Selecting and managing the relationship with third-party collection agencies

Reviewing, preparing and analyzing accounts receivable aging reports

Hiring, training and supervising credit and collections staff

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Salary for Credit Manager/Supervisor

80250 - 110250

25th percentile

80250

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

94250

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

110250

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Credit and Collections Analyst

57750

66250

75250

Credit and Collections Specialist

47750

56750

68750

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