The average salary for a Mid-Career Credit Manager is Rs 599,916 per year. Skills that are associated with high pay for this job are Financial Analysis and Risk Management / Risk Control.

Rs 285,173 - Rs 1,206,058
Rs 290K
Rs 590K
Rs 1M
MEDIAN: Rs 593,672
10%
50%
90%
Rs 0Rs 1M
Salary Rs 285,173 - Rs 1,206,058
Bonus Rs 15,547 - Rs 194,690
Profit Sharing Rs 0.00 - Rs 182,665
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 299,693 - Rs 1,288,160
  • Country: India
  • Currency: INR
  • Updated: 20 Jan 2018
  • Individuals Reporting: 321

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: Rs 630,246

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

Key Stats for Credit Manager

Gender

Female
17 %
Male
83 %

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 6 votes.
5-9 years
85%
10-19 years
15%

Skills That Affect Credit Manager Salaries

Financial Analysis
▲32%

Risk Management / Risk Control
▲18%



National Average
Rs 630,000

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 6 votes.

Gender

Female
17 %
Male
83 %

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 8%
vision benefits
Vision: 7%
no benefits
None: 16%