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Credit Manager in Calgary, AB

Credit Manager Job Description

Credit Managers in Canada manage credit risks and ensure the timely collection of payments from customers. This role is responsible for developing and implementing credit policies, analyzing customer creditworthiness, and overseeing the entire credit and collections process. The Credit Manager balances risk mitigation with supporting sales growth, ensuring sound financial decisions. A Bachelor's Degree in Finance, Accounting, Business Administration, or a related field is essential, with relevant certifications (e.g., CCP - Certified Credit Professional) often preferred. A deep understanding of Canadian credit laws, bankruptcy regulations, and industry-specific credit practices is paramount.

Typical credit manager duties:

Develop, implement, and enforce credit policies and procedures to manage risk effectively.Conduct comprehensive credit assessments of new and existing customers.Oversee the collections team and manage strategies for timely recovery of accounts receivable.Monitor accounts receivable aging and bad debt reserves, providing regular reports to management.Negotiate payment terms, manage credit limits, and resolve complex collection issues.Collaborate with sales, finance, and legal teams to support customer relationships and resolve disputes.Ensure compliance with all internal policies and Canadian credit and privacy regulations.Implement and manage credit management software and tools to enhance efficiency.

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Salary for Credit Manager in Calgary, AB
86735 - 121743
Low
86735
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
102671
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
121743
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Payroll Manager 90131 113383 125400 Payroll Administrator 61133 72628 80988 Assistant Credit Manager 65051 82294 95618 Collections/Credit Analyst 57214 67403 78114 Collections/Credit Clerk 53818 61916 68970 Bookkeeper 59043 74456 82555 AR/AP Manager 67925 90393 101888 AR/AP Clerk 49899 59304 66358 Accounting Clerk 49115 55124 60871 Billing Clerk 47025 53034 61655 Inventory Analyst 53034 66880 78114 Inventory Coordinator 44935 52511 63484

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.