The average salary for a Credit Manager is AED 236,839 per year. People in this job generally don't have more than 20 years' experience. A skill in Risk Management / Risk Control is associated with high pay for this job.

AED 60,577 - AED 415,366
AED 61K
AED 240K
AED 420K
MEDIAN: AED 236,839
10%
50%
90%
AED 0AED 459K
Salary AED 60,577 - AED 415,366
Bonus AED 2,013 - AED 81,703
Profit Sharing AED 0.00
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 63,414 - AED 459,567
  • Country: United Arab Emirates
  • Currency: AED
  • Updated: 9 Dec 2017
  • Individuals Reporting: 55

Job Description for Credit Manager

A credit manager primarily focuses on collecting money owed to their company, whether it be for some type of service or a particular product. When someone fails to pay the money that is owed, these professionals initiate legal action and potentially take part in the collection process. Further, a credit manager also plays a major role in negotiating payment options, which could include re-structuring payment plans to make them more manageable based on a party's financial capabilities. The credit manager is also responsible for tracking certain accounts and keeping a close eye on those that have gone unpaid for an extended period of time. A credit manager may have different duties depending on the size of the company in which they are employed.

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Credit Manager Tasks

  • Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.
  • Prepare reports with this credit information for use in decision-making.

Credit Manager Job Listings

Pay Difference by Location

National Average: AED 251,048

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Credit Manager

Gender

Female
12 %
Male
88 %
1-4 years
13%
5-9 years
42%
10-19 years
38%
20 years or more
7%

Experience Affects Credit Manager Salaries

▲19%

National Average
AED 251,000

▼6%

Gender

Female
12 %
Male
88 %

Years of Experience

1-4 years
13%
5-9 years
42%
10-19 years
38%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 25%
vision benefits
Vision: 14%
no benefits
None: 6%