Also called: Credit & Collections Manager
Decides how much a company should let its customers buy on credit and chases them when they don't pay.
You review a new distributor's finances, set a $2 million credit limit and negotiate a payment plan with a customer who's 90 days late.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 6 years after high school. Bachelor's in finance; CCE certification.
Ways in: 4-year college, Certification. Training cost: $15k – $60k.
Majors to look at: Finance, Business Administration.
Growing about average. Steady.
Medium risk in 5 years, high in 10. Credit scoring tools and AI collections software decide most customer limits; fewer credit managers are needed.
Classes: Accounting, Business law, Speech, Economics.
Official data: O*NET occupation 11-3031.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.