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Credit Managers are responsible for credit policies and procedures and for ensuring that these policies are applied consistently for all of a company's customers. These policies are designed to achieve optimum payments for company sales and to minimise bad debts.
Credit Managers manage teams of credit administrators who are responsible for setting up and administering customer accounts.
Typical duties include:
Credit Managers may be part or fully qualified accountants, although this is not always necessary. The Institute of Credit Management offers formal qualifications.
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