A Credit Manager earns an average salary of AU$80,347 per year. A skill in People Management is associated with high pay for this job.

AU$58,862 - AU$114,888
AU$59K
AU$80K
AU$110K
MEDIAN: AU$79,703
10%
50%
90%
AU$23.53 - AU$40.00
AU$24
AU$27
AU$40
MEDIAN: AU$27.26
10%
50%
90%
AU$0AU$120K
Salary AU$58,862 - AU$114,888
Bonus AU$613 - AU$14,899
Profit Sharing AU$20,000
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).
)
AU$55,570 - AU$120,827
  • Country: Australia
  • Currency: AUD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 179
Hourly Data AU$0AU$45
Hourly Rate AU$23.53 - AU$40.00
Overtime AU$45.00
Annual Data AU$0AU$120K
Bonus AU$613 - AU$14,899
Profit Sharing AU$20,000
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).
)
AU$55,570 - AU$120,827
  • Country: United States
  • Currency: AUD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 19

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 Pay By Employer

$0$68K

$58,199

Credit Manager Job Listings

Pay by Experience Level for Credit Manager

Pay by Experience for a Credit Manager has a positive trend. An entry-level Credit Manager with less than 5 years of experience can expect to earn an average total compensation of AU$79,000 based on 44 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Credit Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$76,000 based on 64 salaries. An experienced Credit Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$83,000 based on 103 salaries. A Credit Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$93,000 based on 47 salaries.

Pay Difference by Location

National Average: AU$79,408

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

Credit Manager Reviews

Q: What is it like working as a Credit Manager?

Credit Manager in Adelaide:
Pros: The people I work with.
Cons: Men and women in the same work place not being treated equally.

Credit Manager in Adelaide:
"CHALLENGING."
Pros: HELPING PEOPLE RESOLVE THEIR CASHFLOW ISSUES.
Cons: BEING DISREGARDED AS A MANAGER ON OCCASION BY THE MD.

Related Job Salaries

Key Stats for Credit Manager

Gender

Female
60 %
Male
40 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.
Less than 1 year
1%
1-4 years
14%
5-9 years
21%
10-19 years
42%
20 years or more
22%

Experience Affects Credit Manager Salaries

▲18%

▲4%

▼0%

National Average
AU$79,000

▼5%

Skills That Affect Credit Manager Salaries



National Average
AU$79,000

▼2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
1%
1-4 years
14%
5-9 years
21%
10-19 years
42%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 6%
dental benefits
Dental: 5%
vision benefits
Vision: 4%
no benefits
None: 94%