The Accounts Receivable/Credit Manager oversees the administration of accounts for customers and credit procedures. They are accountable for monitoring and ensuring prompt collection of payments and resolving any issues with payment and maintaining good relationships with customers. They also evaluate the creditworthiness of their clients, establish credit limits and enforce credit policies. The manager oversees a team and communicates with departments within the company as well as external customers and produces reports to analyze financial data. An undergraduate degree in finance, or another related area is usually required as well as an ability to communicate and analyze. Experience in credit or accounts receivable management is usually preferable.

The job role of Accounts Receivable / Credit Manager in India is projected to experience significant growth in the market. According to a 10-year analysis, the demand for individuals in this position is expected to rise steadily. As businesses expand and financial transactions increase, the need for skilled professionals in managing accounts receivable and credit is expected to grow. This growth trend suggests a promising future for individuals pursuing this career path. Moreover, ample employment opportunities are predicted to be available, providing a favorable landscape for job seekers in the coming years.

How to Learn

As an Accounts Receivable / Credit Manager with 0-3 years of experience in India, your main responsibilities include:<ul><li> Manage customer accounts, ensuring timely collection of payments and resolving any payment disputes or issues.</li><li> Assess creditworthiness of new customers, review credit applications, and establish credit limits.</li><li> Monitor aging receivables and follow up with overdue payments, sending reminders and statements to customers.</li><li> Prepare financial reports and analysis, including cash flow projections and credit risk assessments, to support decision-making and improve cash flow management.</li></ul>

Roles & Responsibilities

Average take home Salary for a Accounts Receivable / Credit Manager in India is around ₹365620 per year

Salary Breakup

The Accounts Receivable/Credit Manager oversees the administration of accounts for customers and credit procedures. They are accountable for monitoring and ensuring prompt collection of payments, resolving any problems with payment, and ensuring good relationships with customers.

Breakup	Range
Base Salary	null - null
Total Pay	null - null

Accounts Receivable / Credit Manager

Salary Breakup

Explore

More

Get in Touch with Us