A Credit Manager in New Delhi, Delhi earns an average salary of Rs 548,081 per year. Most people move on to other jobs if they have more than 10 years' experience in this field. The skills that increase pay for this job the most are Loan Underwriting, Financial Analysis, Credit Control, and Risk Management / Risk Control.

Rs 395,944 - Rs 840,350
Rs 400K
Rs 580K
Rs 840K
MEDIAN: Rs 576,331
10%
50%
90%
Rs 0Rs 874K
Salary Rs 395,944 - Rs 840,350
Bonus Rs 26,791 - Rs 169,677
Profit Sharing Rs 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).
)
Rs 408,851 - Rs 874,513
  • Country: India
  • Currency: INR
  • Updated: 18 Jan 2018
  • Individuals Reporting: 51

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

Key Stats for Credit Manager

Gender

Female
15 %
Male
85 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.
Less than 1 year
8%
1-4 years
63%
5-9 years
27%
10-19 years
2%

Experience Affects Credit Manager Salaries

Mid-Career
▲4%

National Average
Rs 604,000

▼2%

Skills That Affect Credit Manager Salaries

Loan Underwriting
▲20%

Financial Analysis
▲14%


Risk Management / Risk Control
▲9%

National Average
Rs 604,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.

Gender

Female
15 %
Male
85 %

Years of Experience

Less than 1 year
8%
1-4 years
63%
5-9 years
27%
10-19 years
2%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 5%
vision benefits
Vision: 5%
no benefits
None: 32%