£15,080 Average salary at age 20
£27,040 Average Salary
36 Average hours per week

Description

Credit controllers perform financial, administrative and other tasks in relation to credit control and debt collection.

Main Tasks

  • Receives requests for credit submissions and lending proposals;
  • Arranges for investigations of the credit worthiness of individuals or companies;
  • Deals with any enquiries or difficulties concerning the acceptance or rejection of credit applications;
  • Checks that accounting, recording and statutory procedures are adhered to for all credit transactions;
  • Arranges for the collection of arrears of payment.

Qualifications

Entry is most common with GCSEs/S grades but is also possible with other academic qualifications. Professional qualifications are available and may be required for some posts.

What Credit controllers studied in higher education

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What Credit controllers studied in higher education
Occupation Percentage Value
(C9) Others in biological sciences2
(G3) Statistics1
(G1) Mathematics6
(L3) Sociology6
(C1) Biology2
(H3) Mechanical engineering1
(C8) Psychology3
(R2) German studies1
(W3) Music1
(F8) Physical geographical sciences1
(D4) Agriculture1
(W6) Cinematics & photography1
(Q3) English studies2
(H2) Civil engineering1
(N5) Marketing1
(W4) Drama1
(M1) Law by area2
(M2) Law by topic4
(N8) Hospitality, leisure, sport, tourism & transport2
(F4) Forensic & archaeological sciences2
(V5) Philosophy1
(F3) Physics1
(L1) Economics6
(N1) Business studies14
(L5) Social work2
(R7) Russian & East European studies1
(K4) Planning (urban, rural & regional)1
(N4) Accounting13
(C3) Zoology1
(N2) Management studies1
(V1) History by period1
(N3) Finance9
(L6) Anthropology2
(I1) Computer science3

UK Prospects

47900 Workforce Size
2.35% Predicted decline 2024 - 2027
4317 Predicted Replacement 2024 - 2027

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