Home > Salary > Philippines > Credit Manager
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: 318,019 PHP
Estimated Monthly Salary: 26,502 PHP
Estimated Weekly Salary: 6,116 PHP per week
Estimated Hourly Salary: 153 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,620 PHP
Estimated Weekly Salary: 5,912 PHP per week
Estimated Hourly Salary: 148 PHP per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 5,288 USD
Estimated Monthly Salary: 441 USD
Estimated Weekly Salary: 102 USD per week
Estimated Hourly Salary: 3 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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 318,019 PHP
Estimated Monthly Salary: 26,502 PHP
Estimated Weekly Salary: 6,116 PHP per week
Estimated Hourly Salary: 153 PHP per hour
By working as Credit Manager a person can save up to 283 USD per month or 3,392 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 Philippines, see costs of living in Philippines.
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 Philippines
Average Yearly Salary of Credit Manager in Philippines is approximately 318,019 PHP (5,288 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: 318,019 PHP
Estimated Monthly Salary: 26,502 PHP
Estimated Weekly Salary: 6,116 PHP per week
Estimated Hourly Salary: 153 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 307,440 PHPEstimated Monthly Salary: 25,620 PHP
Estimated Weekly Salary: 5,912 PHP per week
Estimated Hourly Salary: 148 PHP 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: 5,288 USD
Estimated Monthly Salary: 441 USD
Estimated Weekly Salary: 102 USD per week
Estimated Hourly Salary: 3 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
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Credit Manager job salary compared to average salary in Philippines.
Comparison shows that a person working as Credit Manager in Philippines earns on average:
1.45 times the average salary (or 145% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Credit Manager job salary compared to average salary in Philippines.
Comparison shows that a person working as Credit Manager in Philippines earns on average:
1.45 times the average salary (or 145% 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 349,821 PHP and 461,128 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Manager in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 318,019 PHP
Estimated Monthly Salary: 26,502 PHP
Estimated Weekly Salary: 6,116 PHP per week
Estimated Hourly Salary: 153 PHP per hour
By working as Credit Manager a person can save up to 283 USD per month or 3,392 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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
China is 17,298 USD
Vietnam is 5,383 USD
Malaysia is 23,785 USD
Indonesia is 14,153 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 Philippines
(2,481,728 PHP per year, pre-tax.)
2. Cardiologist
(2,051,118 PHP per year, pre-tax.)
(1,992,718 PHP per year, pre-tax.)
4. Neurosurgeon
(1,926,350 PHP per year, pre-tax.)
(1,926,277 PHP per year, pre-tax.)
6. Urologist
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
(1,877,420 PHP per year, pre-tax.)
9. Oncologist
(1,875,578 PHP per year, pre-tax.)
(1,874,981 PHP per year, pre-tax.)
Data as of 2025Random salary:
Certified medical coder (cmc) (159,889 PHP per year, pre-tax.)
Vice president (vp), ecommerce (646,283 PHP per year, pre-tax.)
Insurance broker (273,763 PHP per year, pre-tax.)
Development operations assistant fundraising (146,694 PHP per year, pre-tax.)
Hvac refrigeration technician (235,080 PHP per year, pre-tax.)
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