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What is a credit office manager and how to become one

Updated January 8, 2025
3 min read
There is more than meets the eye when it comes to being a credit office manager. For example, did you know that they make an average of $20.62 an hour? That's $42,885 a year! Between 2018 and 2028, the career is expected to grow 17% and produce 123,100 job opportunities across the U.S.
ScoreCredit Office ManagerUS Average
Salary
3.4

Avg. Salary $42,885

Avg. Salary $59,228

Stability level
9.5

Growth rate 17%

Growth rate 0.3%

Diversity
3.5
Race

American Indian and Alaska Native 0.34%

Asian 7.27%

Black or African American 8.16%

Hispanic or Latino 15.43%

Unknown 4.13%

White 64.67%

Gender

female 79.01%

male 20.99%

Age - 46
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46
Stress level
9.5

Stress level is very high

7.1 - high

Complexity level
9.3

Complexity level is advanced

7 - challenging

Work life balance
4.9

Work life balance is fair

6.4 - fair

Credit office manager career paths

Key steps to become a credit office manager

  1. Explore credit office manager education requirements

    Most common credit office manager degrees

    Bachelor's

    44.5 %

    Associate

    24.9 %

    High School Diploma

    16.2 %
  2. Start to develop specific credit office manager skills

    SkillsPercentages
    Payroll17.52%
    Financial Statements6.93%
    Accounts Receivables5.05%
    Customer Accounts4.28%
    Past Due Accounts4.23%
  3. Complete relevant credit office manager training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New credit office managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a credit office manager based on U.S. Bureau of Labor Statistics data and data from real credit office manager resumes.
  4. Research credit office manager duties and responsibilities

    • Manage procedural implementation for transition of office to HIPPA regulatory compliance and Medicare PQRI guidelines.
    • Develop informative and motivational PowerPoint presentations for sales and regional meetings as well as to facilitate communications with potential partners.
    • Develop and implement electronic accounting system from manual bookkeeping using Peachtree.
  5. Apply for credit office manager jobs

    Now it's time to start searching for a credit office manager job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first credit office manager job

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Average credit office manager salary

The average credit office manager salary in the United States is $42,885 per year or $21 per hour. Credit office manager salaries range between $17,000 and $105,000 per year.

Average credit office manager salary
$42,885 Yearly
$20.62 hourly

What am I worth?

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How do credit office managers rate their job?

-/5

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Credit office manager reviews

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A zippia user wrote a review on Aug 2020
Pros

Being able to motivate administrative personnel to do their jobs well and meet deadlines.

Cons

Having to reprimand personnel when duties are neglected.


profile
A zippia user wrote a review on Oct 2019
Pros

diverse responsibilities, interfacing with all levels of professionals

Cons

nothing comes to mind


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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