The average pay for an Experienced Credit Manager is Rs 783,829 per year. The highest paying skills associated with this job are Credit Control, Risk Management / Risk Control, and Financial Analysis.

Rs 352,343 - Rs 1,491,266
Rs 350K
Rs 780K
Rs 2M
MEDIAN: Rs 779,335
10%
50%
90%
Rs 0Rs 1M
Salary Rs 352,343 - Rs 1,491,266
Bonus Rs 25,297 - Rs 292,332
Profit Sharing Rs 0.00 - Rs 969,580
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 388,680 - Rs 1,694,678
  • Country: India
  • Currency: INR
  • Updated: 9 Jan 2018
  • Individuals Reporting: 112

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 890,396

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

Key Stats for Credit Manager

Gender

Female
12 %
Male
88 %
10-19 years
96%
20 years or more
4%

Skills That Affect Credit Manager Salaries

Credit Control
▲22%

Risk Management / Risk Control
▲21%

Financial Analysis
▲20%

National Average
Rs 890,000

Loan Underwriting
▼12%

Gender

Female
12 %
Male
88 %

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 4%
vision benefits
Vision: 5%
no benefits
None: 15%