What factors influence the salary of a credit controller?
Company size
Large companies often have bigger budgets, allowing them to pay their employees competitive salaries.
A credit controller working in a medium enterprise (with a headcount of 50 – 250) can offer a salary range of £21,000 - £35,000, whereas a large enterprise (with a headcount of 250+) can offer a salary range of £24,000 - £39,000, an 11% difference.
Location
Salaries are higher in major UK cities areas where the cost of living is higher, and the demand is greater. London tends to have higher salaries, for example a credit controller working in London can earn between £29,000 - £39,000 and those working in the North can earn between £24,000 and £32,000, a 22% difference.
Experience and system skills
Depending on the specific industry and type of business, certain skills may be necessary for a credit controller. These could include technical proficiency, familiarity with specific financial systems and procedures, and a grasp of legal concepts relevant to credit control. Credit controllers who possess advanced system skills, along with experience handling international transactions and multiple currencies, typically command higher salaries within their field.