What is the average annual salary for Credit and Collections Manager?
The annual salary for someone with the job title Credit and Collections Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. 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 Manager in the United States.
This chart describes the expected percentage of people who perform the job of Credit and Collections Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Credit and Collections Manager in the United States is $77,067 so 50% of the people who perform the job of Accountant I in the United Sates are expected to make less than $77,067.
Develops and administers credit and collection programs. Oversees investigation of credit risk in customers and suppliers and monitors the collection of amounts due to the organization. Designs and implements processes to improve cashflow and reduce receivables. Requires a bachelor's degree in a related area and at least 7 years of experience in the field. Familiar with a variety of the field's concepts, practices, and procedures. Relies on experience and judgment to plan and accomplish goals. A wide degree of creativity and latitude is expected. Manages a credit and collection staff and typically reports to top management.
View Credit and Collections Manager job description