The average salary for an Entry-Level Credit Manager is Rs 502,293 per year.

Rs 244,704 - Rs 803,172
Rs 240K
Rs 500K
Rs 800K
MEDIAN: Rs 501,019
10%
50%
90%
Rs 0Rs 854K
Salary Rs 244,704 - Rs 803,172
Bonus Rs 9,925 - Rs 146,337
Profit Sharing Rs 0.00 - Rs 76,978
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).
)
Rs 278,577 - Rs 854,010
  • Country: India
  • Currency: INR
  • Updated: 20 Jan 2018
  • Individuals Reporting: 652

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.

Popular Employer Salaries for Credit Manager

Credit Manager Job Listings

Pay Difference by Location

National Average: Rs 534,939

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

Credit Manager Advice

Q: What do you wish you knew about your job when you first started out?

Credit Manager in Gurgaon:
"Consider company money as your own, guard it like your own w."
No substitute for hard work.

Credit Manager in Pune:
Post graduation is compulsory for growth.

Key Stats for Credit Manager

Gender

Female
19 %
Male
81 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.
Less than 1 year
19%
1-4 years
69%
5-9 years
12%

Skills That Affect Credit Manager Salaries



Chartered Accountant
▲7%


National Average
Rs 535,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
19 %
Male
81 %

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 5%
vision benefits
Vision: 5%
no benefits
None: 26%