Credit Controller with Credit Control Skills Salary (United Arab Emirates)
A Credit Controller with Credit Control skills earns an average salary of AED 94,699 per year. Experience strongly influences income for this job. Most people with this job move on to other positions after 20 years in this field.
|Range||AED 0AED 205K|
|Salary||AED 23,839 - AED 205,368|
|Bonus||AED 0.00 - AED 24,903|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|AED 29,799 - AED 205,368|
Job Description for Credit Controller
A credit controller helps manage a business' outgoing financial accounts. Primarily, they monitor and document any pending payments or accounts that have taken out a balance against the company but have not yet paid. For instance, an insurance company may have a credit controller that tracks accounts for individuals that pay for their insurance with a monthly payment plan and a university may have a credit controller that tracks students' tuition payments. The credit controller ensures that the company or organization receives compensation in a timely manner. This position involves direct communication with other business sectors of the company, such as accounts payable, collections, and finance. If an account becomes over its balance or is not paying in a timely fashion, the credit controller must be able to report it to their supervisor, most likely a manager or regional supervisor.Read More...
Education requirements vary by company. Some may only require a high school degree, which larger companies may want a bachelor’s degree. However, previous experience in a related field is a must; the individual must have experience with credit collection or managing accounts. In addition, a credit controller needs to have a deep understanding of business methods, have strong organizational skills, and be able to use and interpret Microsoft Excel on a day-to-day basis. (Copyright 2018 PayScale.com)
Credit Controller Tasks
- Identify and notify customers who are delinquent on account payments.
- Track ongoing repayments and maintain contact with customers if they move or miss payments.
- Establish repayment options and schedules for customers based on financial situation and level of debt.
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