How much does a Credit and Collections Manager make in Mississippi? The average Credit and Collections Manager salary in Mississippi is $98,571 as of February 26, 2024, but the range typically falls between $85,282 and $113,771. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Credit and Collections Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit and Collections Manager Salary $73,182 MS February 26, 2024
25th Percentile Credit and Collections Manager Salary $85,282 MS February 26, 2024
50th Percentile Credit and Collections Manager Salary $98,571 MS February 26, 2024
75th Percentile Credit and Collections Manager Salary $113,771 MS February 26, 2024
90th Percentile Credit and Collections Manager Salary $127,609 MS February 26, 2024
25% $85,282 10% $73,182 90% $127,609 75% $113,771 $98,571 50%(Median) Didn’t find job title? Click
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What skills does a Credit and Collections Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.

3.

Credit Policy: Credit policy is a set of terms that lays out how your company will issue credit to its clients and collect unpaid debts. It maximize the company revenue/business while minimizing the risk generated by extending credit.

Customer Service 7.22%
Credit Card 1.68%
Credit Policy 1.24%
Others 89.86%

Job Description for Credit and Collections Manager

Credit and Collections Manager develops and administers credit and collection programs. Oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Being a Credit and Collections Manager designs and implements processes to improve cash flow and reduce receivables. Monitors and negotiates the collection of overdue accounts. Additionally, Credit and Collections Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to a director. The Credit and Collections Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Credit and Collections Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Credit and Collections Manager in Mississippi

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Location Avg. Salary Date Updated
Location Olive Branch, MS Avg. Salary $102,017 Date Updated February 26, 2024
Location Abbeville, MS Avg. Salary $101,655 Date Updated February 26, 2024
Location Aberdeen, MS Avg. Salary $93,575 Date Updated February 26, 2024
Location Ackerman, MS Avg. Salary $93,244 Date Updated February 26, 2024
Location Algoma, MS Avg. Salary $93,244 Date Updated February 26, 2024
Location Alligator, MS Avg. Salary $97,267 Date Updated February 26, 2024
Location Amory, MS Avg. Salary $93,244 Date Updated February 26, 2024
Location Anguilla, MS Avg. Salary $97,333 Date Updated February 26, 2024
Location Arcola, MS Avg. Salary $98,262 Date Updated February 26, 2024
Location Arkabutla, MS Avg. Salary $101,655 Date Updated February 26, 2024

Career Path for Credit and Collections Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Credit and Collections Manager, the upper level is Credit and Collections Director and then progresses to Top Credit and Collections Executive.

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Credit and Collections Manager Salary in Mississippi
Credit and Collections Manager Salary Graph, Regional Distribution and Summary