Post job

Credit manager vs control clerk

The differences between credit managers and control clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a credit manager, becoming a control clerk takes usually requires 1-2 years. Additionally, a credit manager has an average salary of $68,583, which is higher than the $33,365 average annual salary of a control clerk.

The top three skills for a credit manager include customer service, financial statements and credit card. The most important skills for a control clerk are data entry, access database, and office equipment.

Credit manager vs control clerk overview

Credit ManagerControl Clerk
Yearly salary$68,583$33,365
Hourly rate$32.97$16.04
Growth rate17%-5%
Number of jobs63,898116,029
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 36%
Average age4647
Years of experience82

What does a credit manager do?

A credit manager is an individual who supervises the credit granting process for a company by evaluating the creditworthiness of potential customers. Credit managers must maintain corporate credit policy to optimize company sales and reduce bad debt losses. They must manage the proper relationship with agencies such as the collection agency, credit insurance providers, and the sales department. Credit managers may work in different industries such as banks, accounting firms, or auto dealerships. They must also possess a bachelor's degree in financial management or related field.

What does a control clerk do?

Being a control clerk involves a variety of administrative and clerical tasks, including the maintenance of business files, answering phone calls, and running errands. A control clerk's responsibility includes coordination and assistance of project team members to resolve data issues and protocols. Since the job is to keep business efficiency by overseeing the safety and quality of work, a control clerk should have attention to detail, good verbal and written communication skills, and the ability to work individually and to concentrate for long periods.

Credit manager vs control clerk salary

Credit managers and control clerks have different pay scales, as shown below.

Credit ManagerControl Clerk
Average salary$68,583$33,365
Salary rangeBetween $39,000 And $119,000Between $25,000 And $43,000
Highest paying CitySan Francisco, CABellevue, WA
Highest paying stateOregonHawaii
Best paying companyMicrosoftUPS
Best paying industryFinanceGovernment

Differences between credit manager and control clerk education

There are a few differences between a credit manager and a control clerk in terms of educational background:

Credit ManagerControl Clerk
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 36%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit manager vs control clerk demographics

Here are the differences between credit managers' and control clerks' demographics:

Credit ManagerControl Clerk
Average age4647
Gender ratioMale, 53.9% Female, 46.1%Male, 25.6% Female, 74.4%
Race ratioBlack or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 7.8% White, 64.5% American Indian and Alaska Native, 0.3%Black or African American, 10.7% Unknown, 4.7% Hispanic or Latino, 21.0% Asian, 7.9% White, 54.7% American Indian and Alaska Native, 1.1%
LGBT Percentage11%6%

Differences between credit manager and control clerk duties and responsibilities

Credit manager example responsibilities.

  • Manage treasury department including all cash management, bank relationships, and debt negotiations.
  • Manage an initiative to move customers from checks to ACH with CTX or EDI remittances.
  • Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
  • Launch the new SBA lending and residential mortgage lending programs.
  • Complete loan workouts and restructures on SBA 504 and LIHTC multifamily loans.
  • Leverage GBM using features generate on Experian's tradeline data through unsupervise learning tool Khiops.
  • Show more

Control clerk example responsibilities.

  • Manage and control via MRP with all ECN and ECO maintnance
  • Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
  • Complete trace backs of all drug positive animals to the owners and report information to the USDA & FDA.
  • Inspect company products base on USDA guidelines.
  • Prepare mail for shipping to USPS postal warehousings
  • Record incoming automobile titles into the AS400 system.
  • Show more

Credit manager vs control clerk skills

Common credit manager skills
  • Customer Service, 16%
  • Financial Statements, 9%
  • Credit Card, 5%
  • Credit Risk, 5%
  • Credit Policy, 5%
  • Customer Accounts, 4%
Common control clerk skills
  • Data Entry, 31%
  • Access Database, 7%
  • Office Equipment, 5%
  • Computer System, 5%
  • Purchase Orders, 4%
  • Word Processing, 4%

Browse executive management jobs