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Credit Manager/Supervisor in Chicago, IL

Credit Manager/Supervisor Job Description

Individuals pursuing these positions need strong leadership, management, analytical, communication, negotiation and interpersonal skills. Credit manager and supervisor positions generally require at least five years of credit and/or collections experience. Proficiency with Microsoft Office applications is essential. Many companies prefer candidates who possess a bachelor’s degree in accounting, finance or business administration.

Typical credit manager/supervisor duties:

Administering and enforcing credit and collections policies and proceduresEvaluating credit riskDeveloping strategies and goals to reduce exposure to write-offsPreparing and developing work strategies and goalsInterfacing with multiple departments, including sales and management staffSelecting and managing the relationship with third-party collection agenciesReviewing, preparing and analyzing accounts receivable aging reportsHiring, training and supervising credit and collections staff

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Salary for Credit Manager/Supervisor in Chicago, IL
100313 - 137813
Low
100313
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
117813
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
137813
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 Accounts Receivable Manager 89688 102500 126875 Accounts Receivable Analyst 73750 83438 91563 Accounts Receivable Specialist 68438 75313 82188 Accounts Receivable Clerk 55000 64375 72500 Accounts Payable Manager 86563 102188 126250 Accounts Payable Analyst 71875 77813 86563 Accounts Payable Specialist 64688 70625 79063 Accounts Payable Clerk 54063 61563 68438 Billing Manager/Supervisor 74375 90000 111875 Billing Specialist 55000 63438 73750 Billing Clerk 52813 59063 65625 Full Charge Bookkeeper 78750 88750 103125 Bookkeeper 68750 78438 87500 Credit and Collections Analyst 72500 83438 94375 Credit and Collections Specialist 60000 71250 85938 Purchasing Manager 83750 102188 119688 Purchasing Assistant 53125 60313 70000 Inventory Analyst 60000 75625 89688 Inventory Clerk 49375 55625 67813

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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.