The average salary for a Credit Controller is £20,706 per year. For the first five to ten years in this position, salary increases somewhat, but any additional experience does not have a big effect on pay. A skill in Risk Management / Risk Control is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this career.

£16,298 - £28,082
£16K
£21K
£28K
MEDIAN: £20,696
10%
50%
90%
£7.28 - £12.70
£7
£9
£13
MEDIAN: £9.37
10%
50%
90%
£0£28K
Salary £16,298 - £28,082
Bonus £494 - £4,560
Profit Sharing £1,600
Commission £2,000
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).
)
£16,245 - £28,733
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 1,343
Hourly Data £0£19
Hourly Rate £7.28 - £12.70
Overtime £7.83 - £19.21
Annual Data £0£28K
Bonus £494 - £4,560
Commission £2,000
Profit Sharing £1,600
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).
)
£16,245 - £28,733
  • Country: United States
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 158

Job Description for Credit Controller

A credit controller helps manage a business' outgoing financial accounts. Primarily, they monitor and document any pending payments or accounts that have taken out a balance against the company but have not yet paid. For instance, an insurance company may have a credit controller that tracks accounts for individuals that pay for their insurance with a monthly payment plan and a university may have a credit controller that tracks students' tuition payments. The credit controller ensures that the company or organization receives compensation in a timely manner. This position involves direct communication with other business sectors of the company, such as accounts payable, collections, and finance. If an account becomes over its balance or is not paying in a timely fashion, the credit controller must be able to report it to their supervisor, most likely a manager or regional supervisor.

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Credit Controller Tasks

  • Identify and notify customers who are delinquent on account payments.
  • Track ongoing repayments and maintain contact with customers if they move or miss payments.
  • Establish repayment options and schedules for customers based on financial situation and level of debt.

Common Career Paths for Credit Controller


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Credit Controller Job Listings

Popular Skills for Credit Controller

Pay by Experience Level for Credit Controller

Pay by Experience for a Credit Controller has a positive trend. An entry-level Credit Controller with less than 5 years of experience can expect to earn an average total compensation of ₤20,000 based on 326 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Credit Controller with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤22,000 based on 250 salaries. An experienced Credit Controller which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤22,000 based on 235 salaries. A Credit Controller with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤22,000 based on 87 salaries.

Pay Difference by Location

National Average: £20,834

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

Credit Controller Reviews

Q: What is it like working as a Credit Controller?

Credit Controller in Sheffield:
"Frustrating."
Pros: Easy commute, good transport links.
Cons: It is not my local area and I have to drive for an hour a day commuting.

Credit Controller in London:
"All rounded problem solvers."
Pros: Interaction with customers on a daily basis. Solving queries or disputes with invoices.
Cons: Customers who don't pay on time.

Credit Controller in London:
"Very good."
Pros: All karts of the role and the chase if the debt to bring if ip to date and being cash into the business egg cv is what u liked doily. As it's my issue.
Cons: Culturally for and the ppl are good and fun and make it reads ing to be there edict is good and important. I like where I am on a number if differing resins.

Credit Controller in Weybridge:
Pros: I can comunicate with people around the world and run reports for the company.
Cons: Posting cash and chasing customers

Related Job Salaries

Key Stats for Credit Controller

Gender

Female
70 %
Male
30 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 56 votes.
Less than 1 year
3%
1-4 years
36%
5-9 years
23%
10-19 years
26%
20 years or more
13%

Experience Affects Credit Controller Salaries

▲6%

▲5%

▲4%

National Average
₤21,000

▼6%

Skills That Affect Credit Controller Salaries

Risk Management / Risk Control
▲27%

Reconciliation
▲6%

Microsoft Excel
▲6%

▲2%



Negotiation
▲2%

National Average
₤21,000

Credit Control
▼1%

General Ledger Accounting
▼3%

Accounts Payable
▼6%

Office Administration
▼15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 56 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
3%
1-4 years
36%
5-9 years
23%
10-19 years
26%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 24%
dental benefits
Dental: 8%
vision benefits
Vision: 17%
no benefits
None: 65%