How much does a Credit and Collections Manager make? The median annual Credit and Collections Manager salary is $89,671, as of January 30, 2018, with a range usually between $77,765-$104,672, however this can vary widely depending on a variety of factors. 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.
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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 $89,671, so 50% of the people who perform the job of Credit and Collections Manager in the United States are expected to make less than $89,671.
Source: HR Reported data as of January 30, 2018
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This chart describes the expected percentage of people who perform the job of Credit and Collections Manager that make less than that salary. For example 50% of the people who perform the job of Credit and Collections Manager are expected to make less than the median.
Source: HR Reported data as of February 2018
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. Designs and implements processes to improve cashflow and reduce receivables. Monitors and negotiates on the collection of overdue accounts. Monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to top management. 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. Extensive knowledge of department processes. Typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. View full job description