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The median expected salary for a typical Credit and Collections Manager
in the United States is $76,016. This basic
market pricing report was prepared using our Certified Compensation Professionals'
analysis of survey data collected from thousands of HR departments at employers
of all sizes, industries and geographies.
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Source: HR Reported data as of May 2013
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Job Description for Credit and Collections Manager
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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.
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Alternate Job Titles: Credit and Collections Manager, Credit & Collections Manager
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