Credit manager vs reporting manager

The differences between credit managers and reporting managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a credit manager and a reporting manager. Additionally, a reporting manager has an average salary of $106,336, which is higher than the $68,583 average annual salary of a credit manager.

The top three skills for a credit manager include customer service, financial statements and credit card. The most important skills for a reporting manager are GAAP, internal controls, and external auditors.

Credit manager vs reporting manager overview

	Credit Manager	Reporting Manager
Yearly salary	$68,583	$106,336
Hourly rate	$32.97	$51.12
Growth rate	17%	17%
Number of jobs	63,898	67,631
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 74%
Average age	46	46
Years of experience	8	8

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 reporting manager do?

The duties of a reporting manager depend on one's line of work or industry of employment. Typically, they perform clerical tasks such as producing progress reports and presentations, maintaining accurate records and documentation, updating databases, managing schedules, and performing regular inspections and site visits. There are also instances where one must respond to inquiries and concerns, report to supervisors, and coordinate with other department personnel. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

Credit manager vs reporting manager salary

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

	Credit Manager	Reporting Manager
Average salary	$68,583	$106,336
Salary range	Between $39,000 And $119,000	Between $80,000 And $139,000
Highest paying City	San Francisco, CA	Richmond, CA
Highest paying state	Oregon	Washington
Best paying company	Microsoft	Meta
Best paying industry	Finance	Manufacturing

Differences between credit manager and reporting manager education

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

	Credit Manager	Reporting Manager
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 74%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Credit manager vs reporting manager demographics

Here are the differences between credit managers' and reporting managers' demographics:

	Credit Manager	Reporting Manager
Average age	46	46
Gender ratio	Male, 53.9% Female, 46.1%	Male, 59.6% Female, 40.4%
Race ratio	Black 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit manager and reporting manager 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.

Reporting manager example responsibilities.

Perform, then manage, profit and loss for volatile, derivative mortgage back securities.
Used Microsoft SharePoint to manage projects, establish work flow, and document reports and report field definitions.
Manage the administrator of a Hyperion database.
Manage and mentore junior analysts in report optimization and SAS proficiency.
Prepare monthly IFRS financial statements including balance sheet and income statement using HFM.
Establish and maintain SOX documentation for initial compliance including management of testing with internal audit consultants.

Credit manager vs reporting manager skills

Common credit manager skills

Customer Service, 16%
Financial Statements, 9%
Credit Card, 5%
Credit Risk, 5%
Credit Policy, 5%
Customer Accounts, 4%

Common reporting manager skills

GAAP, 9%
Internal Controls, 7%
External Auditors, 4%
ASC, 4%
Data Analysis, 4%
Visualization, 4%

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Executive Management Industry
Credit Manager
Credit Manager vs Reporting Manager

Updated January 8, 2025

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