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A credit manager is responsible for overseeing the credit granting process within an organization. They play a crucial role in managing the company's credit risk and ensuring that customers adhere to payment terms and conditions. Their main duties include evaluating creditworthiness of potential customers, setting credit limits, monitoring credit accounts, and collecting overdue payments. Additionally, credit managers establish and maintain relationships with clients, negotiate payment plans, and provide guidance on credit-related matters to other departments.
Estimated Yearly Salary: 493,241 MXN
Estimated Monthly Salary: 41,103 MXN
Estimated Weekly Salary: 9,485 MXN per week
Estimated Hourly Salary: 237 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 39,800 MXN
Estimated Weekly Salary: 9,185 MXN per week
Estimated Hourly Salary: 230 MXN per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 24,639 USD
Estimated Monthly Salary: 2,053 USD
Estimated Weekly Salary: 474 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 493,241 MXN
Estimated Monthly Salary: 41,103 MXN
Estimated Weekly Salary: 9,485 MXN per week
Estimated Hourly Salary: 237 MXN per hour
By working as Credit Manager a person can save up to 1,317 USD per month or 15,802 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Estimated Yearly Salary for Credit Manager
Last revision of data: 2025-01-04
Data as of 2025
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Credit Manager salary in Mexico
Average Yearly Salary of Credit Manager in Mexico is approximately 493,241 MXN (24,639 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Credit Manager do?
A credit manager is responsible for overseeing the credit granting process within an organization. They play a crucial role in managing the company's credit risk and ensuring that customers adhere to payment terms and conditions. Their main duties include evaluating creditworthiness of potential customers, setting credit limits, monitoring credit accounts, and collecting overdue payments. Additionally, credit managers establish and maintain relationships with clients, negotiate payment plans, and provide guidance on credit-related matters to other departments.
Skills: Credit management, Risk assessment, Financial analysis, Debt collection, Customer relations, Payment terms
Job industry: Finance
Job industry: Finance
How much does Credit Manager make?
Salary details
How much does Credit Manager make?Estimated Yearly Salary: 493,241 MXN
Estimated Monthly Salary: 41,103 MXN
Estimated Weekly Salary: 9,485 MXN per week
Estimated Hourly Salary: 237 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 477,600 MXNEstimated Monthly Salary: 39,800 MXN
Estimated Weekly Salary: 9,185 MXN per week
Estimated Hourly Salary: 230 MXN per hour
Last revision of data: 2024-01-09Credit Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,639 USD
Estimated Monthly Salary: 2,053 USD
Estimated Weekly Salary: 474 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Mexico, located in North America, is a vibrant country known for its rich culture and diverse landscapes. With a population of approximately 126 million people, it is the 11th most populous country in the world. Covering an area of about 1,964,375 square kilometers, Mexico is the 14th largest country globally.
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Credit Manager job salary compared to average salary in Mexico.
Comparison shows that a person working as Credit Manager in Mexico earns on average:
1.49 times the average salary (or 149% of average salary).
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Credit Manager job salary compared to average salary in Mexico.
Comparison shows that a person working as Credit Manager in Mexico earns on average:
1.49 times the average salary (or 149% of average salary).
Is Credit Manager a well paid job?
Yes, our data shows that Credit Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Credit Manager?
High salary for Credit Manager would be somewhere between 542,565 MXN and 715,199 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Manager in Mexico?
Living in Mexico the approximate monthly expenses are: 736 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 493,241 MXN
Estimated Monthly Salary: 41,103 MXN
Estimated Weekly Salary: 9,485 MXN per week
Estimated Hourly Salary: 237 MXN per hour
By working as Credit Manager a person can save up to 1,317 USD per month or 15,802 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Salary comparison to region and neighbouring coutries
Country's neighbours are: United States, Belize, Guatemala. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Credit Manager
United States is 76,721 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Mexico
(3,848,140 MXN per year, pre-tax.)
2. Cardiologist
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
5. Neurosurgeon
(2,986,217 MXN per year, pre-tax.)
6. Urologist
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
8. Oncologist
(2,923,408 MXN per year, pre-tax.)
(2,918,043 MXN per year, pre-tax.)
(2,917,105 MXN per year, pre-tax.)
Data as of 2025Random salary:
Cart collector (160,540 MXN per year, pre-tax.)
Nursing manager (519,914 MXN per year, pre-tax.)
Forensic psychologist (371,614 MXN per year, pre-tax.)
Studio engineer (334,461 MXN per year, pre-tax.)
Freelance graphic designer (360,957 MXN per year, pre-tax.)
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