Alternate Job Titles: Credit & Collections Director, Credit and Collections Director
How much does a Credit and Collections Director make? The median annual Credit and Collections Director salary is $108,809, as of September 06, 2017, with a range usually between $93,448-$129,361, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Credit and Collections Director in the United States.
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This chart describes the expected percentage of people who perform the job of Credit and Collections Director in the United States that make less than that annual salary. For example the median expected annual pay for a typical Credit and Collections Director in the United States is $108,809, so 50% of the people who perform the job of Credit and Collections Director in the United States are expected to make less than $108,809.
Source: HR Reported data as of September 06, 2017
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This chart describes the expected percentage of people who perform the job of Credit and Collections Director that make less than that salary. For example 50% of the people who perform the job of Credit and Collections Director are expected to make less than the median.
Source: HR Reported data as of September 2017
Leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Typically requires 5+ years of managerial experience. View full job description