Credit and Collections Director Salary in the United States

How much does a Credit and Collections Director make in the United States? The average Credit and Collections Director salary in the United States is $113,922 as of April 27, 2019, but the range typically falls between $97,824 and $135,451. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target.  View the Cost of Living in Major Cities

Job Description

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. (Copyright 2019

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit and Collections Director in the United States. The base salary for Credit and Collections Director ranges from $97,824 to $135,451 with the average base salary of $113,922. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $103,266 to $150,734 with the average total cash compensation of $122,928.
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Career Path for this job

  1. Down a level:

    Credit and Collections Manager

    5 + years experience
    Bachelor's Degree

  2. This Job:

    Credit and Collections Director

    Bachelor's Degree

  3. Up a level:

    Top Credit and Collections Executive

    JD, MD, PhD or Equivalent

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