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Credit Controller Salaries: UK Averages 2024

Explore the average range of a credit controller salary in the UK by location:
 

·         London: £29k£39k

·         Merseyside: £21k£31k

·         North: £24k£32k

Credit controller salary trends

Credit controllers continue to be in very high hiring demand with a 28% increase in talent pool compared to 2023.

The average credit controller salary in the UK can vary in each location, but you can expect salary ranges between £21,000 and £39,000 depending on the below factors.

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.

FAQs: Credit controller

Professionals usually receive a range of benefits in addition to their base salary. This varies depending on the company, industry and role, but we have listed some of the common perks:

·         Company contributory pension

·         Bonus scheme

·         Private health insurance

·         Life/critical illness cover

·         Company car/allowance

·         Flexible Work Arrangements

·         Professional Development

·         Qualification Reimbursement

·         Paid Time Off (PTO)

·         Travel Benefits

·         Company Discounts

·         Childcare and Family Support

Yes, due to different compensation structures, credit controllers are often paid differently to the usual full-time employee. Here we have listed some factors that can influence pay:

·         Hourly or Project-Based Rates

·         Flat Fees

·         Value-Based Pricing:

·         Retainer Agreements

·         Geographic Considerations

·         Industry Specialisation

·         Market Demand

·         Experience and Reputation

·         Remote Work Flexibility

The Robert Walters Salary Survey is a great tool to research credit controller salaries in the UK and includes:

Enhanced data - salary ranges and averages across large, medium and small enterprises

Hiring Trends - See what hiring trends look like for your industry in 2024

Talent Hotspots - Learn what skill sets will be in demand for the year ahead for each sector

Expectations - Explore how to attract and retain the best talent with the right offerings

Request your free copy today.

  




 
Salary Survey 2024
Developed in partnership with a market leading data provider, we assessed over 100,000 jobs posted over the last 12-months, to provide you accurate data points on UK salary ranges, averages and expectations for permanent, contract and interim positions across the UK.

Hiring Manager? Benchmark your teams salaries

If you’re growing your team or simply need to retain the talent you have, the Salary Survey gives you the insights you need to have the right team in place to keep your business moving forward.

Candidate? Find out your salary with an individual salary guide

Whether you’re looking for a new role or preparing for your end-of-year appraisal, the Salary Survey will arm you with everything you need to know to get what you deserve.

                  

 

Bespoke salary benchmarking

Using a combination of our own data, publicly available insights and our recruitment experts, we build bespoke overviews of the salaries and benefits required to attract talent.