The average salary for a Credit Manager in Australia is AU$84,030.
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AU$63k - AU$120k
AU$2k - AU$15k
AU$1k - AU$25k
AU$61k - AU$127k
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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 cred…Read more
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.
Job Satisfaction for Credit Manager
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Popular Skills for Credit Manager
Risk Management / Risk Control
Skills in People Management are correlated to pay that is above average. Skills that pay less than market rate include Bill Collections, Accounts Receivable, Risk Management / Risk Control and Credit Control.
Pay by Experience Level for Credit Manager
An early career Credit Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of AU$78,400 based on 26 salaries. A mid-career Credit Manager with 5-9 years of experience earns an average total compensation of AU$80,016 based on 34 salaries. An experienced Credit Manager with 10-19 years of experience earns an average total compensation of AU$88,347 based on 67 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$95,006.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Credit Manager in their job title in Melbourne, Victoria earn an average of 8.1% more than the national average. These job titles also find higher than average salaries in Sydney, New South Wales (6.2% more) and Perth, Western Australia (3.1% more). The lowest salaries can be found in Adelaide, South Australia (10.7% less) and Brisbane, Queensland (5.6% less).
Years of Experience
This data is based on 182 survey responses.
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