The Accounts Receivable/Credit Manager oversees the administration of accounts for customers and credit procedures. They are accountable for ensuring prompt collection of payments, resolving problems with payment and maintaining good relations with customers. They also evaluate the creditworthiness of their clients, establish credit limits and enforce credit policies. The manager oversees the team, communicates with both internal departments 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 Accounts Receivable/Credit Manager role in the United States is expected to witness steady growth in the market. According to a 10-year analysis, this position has shown a consistent upward trend, reflecting the increasing demand for professionals skilled in managing accounts receivable and credit. The future looks promising for those seeking employment opportunities in this field, with a projected rise in job openings. As per Google data, the role's growth is attributed to the expanding financial industry and the need for effective credit management. As a result, individuals pursuing this career path can expect a favorable job market with ample prospects for professional development.

How to Learn

As an Accounts Receivable/Credit Manager with 9+ years of experience in the United States, your main responsibilities include:<ul><li> Managing the accounts receivable process, including invoicing, payment collection, and resolving any outstanding issues.</li><li> Monitoring credit limits and assessing creditworthiness of customers to minimize risk and ensure timely payments.</li><li> Developing and implementing credit control policies and procedures to optimize cash flow and reduce bad debt.</li><li> Collaborating with cross-functional teams to resolve customer disputes, negotiate payment plans, and maintain positive relationships with clients.</li></ul>

Roles & Responsibilities

Average take home Salary for a Accounts Receivable / Credit Manager in United States is around $77163 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 that timely collections of payments are made and resolving any issues with payment and maintaining good relations with customers.


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Accounts Receivable / Credit Manager

Salary Breakup

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