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, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
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 Salary.com)
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Includes base and annual incentives
5 + years experience
JD, MD, PhD or Equivalent
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