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Accounts Receivable Credit and Collections Manager Salary in Minnesota

How much does an Accounts Receivable Credit and Collections Manager make in Minnesota? As of September 01, 2026, the average salary for an Accounts Receivable Credit and Collections Manager in Minnesota is $106,427 per year, which breaks down to an hourly rate of $51.

However, an Accounts Receivable Credit and Collections Manager's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $120,096
  • Majority Range (25th-75th percentile): $94,421 to $113,582
  • Entry-Level (10th percentile): $83,490
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Accounts Receivable Credit and Collections Manager Job Openings in Minnesota

Key Factors That Influence Accounts Receivable Credit and Collections Manager Salaries

An Accounts Receivable Credit and Collections Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Accounts Receivable Credit and Collections Manager Salaries?

Experience is a primary driver of an Accounts Receivable Credit and Collections Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $89,518
  • Early Career (1-2 years): $76,385
  • Mid-Level (2-4 years): $91,408
  • Senior-Level (5-8 years): $104,936
  • Expert (over 8 years): $144,981
Job RoleYears of ExperienceAverage Salary
Accounts Receivable Analyst IV less than 1 year $89,518
Accounts Receivable Supervisor 1-2 years $76,385
Accounts Receivable Senior Supervisor 2-4 years $91,408
Accounts Receivable Credit and Collections Manager 5-8 years $104,936
Accounts Receivable Senior Manager over 8 years $144,981

How Do Accounts Receivable Credit and Collections Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Accounts Receivable Credit and Collections Managers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $115,153.
  • California: $114,716.
  • Massachusetts: $113,188.

Top Paying Cities for Accounts Receivable Credit and Collections Manager

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Conger: $101,896
  • Courtland: $101,780
  • Darfur: $101,256

Accounts Receivable Credit and Collections Manager Salary by Industry: Top Paying Sectors

For Accounts Receivable Credit and Collections Manager roles, the industry you choose can affect earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Accounts Receivable Credit and Collections Manager positions in Edu., Gov't. & Nonprofit or MFG Nondurable typically offer lower base pay, as these industries often view Accounts Receivable Credit and Collections Manager as a support function rather than a direct revenue driver.

The top paying industries for an Accounts Receivable Credit and Collections Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities $127,713 $61.0 20%
Financial Services $122,391 $59.0 15%
Aerospace & Defense $117,070 $56.0 10%
Internet $113,877 $55.0 7%
Business Services $111,749 $54.0 5%

Accounts Receivable Credit and Collections Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Accounts Receivable Credit and Collections Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$94,421
Average $106,427/year
$113,582
$7,868
Average $8,869/month
$9,465
$1,816
Average $2,047/week
$2,184
$45
Average $51/hour
$55
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $113,582 $9,465 $2,184 $55
Average $106,427 $8,869 $2,047 $51
25th Percentile $94,421 $7,868 $1,816 $45

Find Your Next Accounts Receivable Credit and Collections Manager Job

Ready to take the next step in your career? Browse thousands of current Accounts Receivable Credit and Collections Manager job openings on our job board. Use the search bar below to find your perfect match.

  • ttc | BLOOMINGTON, MN

    Global Credit&amp Collections Leader

    ttc | BLOOMINGTON, MN

    The Toro Company, based in Bloomington, MN, seeks a Manager of Credit to lead global credit, collections, and customer onboarding, ensuring risk controls w... more

    2 Days Ago

  • L&M Fleet Supply | Grand Rapids, MN

    Credit&amp Collections Specialist

    L&M Fleet Supply | Grand Rapids, MN

    Job Description. Job Description. Credit & Collections Specialist. Our Perfect Match. We are looking for someone who to join our Accounting team and contri... more

    4 Days Ago

  • FUJIFILM | Rochester, MN

    Credit&amp Collections Specialist

    FUJIFILM | Rochester, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $62,285.00 to $65,000.00-yr + $10k KPI bonus eligibility / Medical-Dental-Vision-Life Insurance / 401k ... more

    5 Days Ago

  • FUJIFILM | Mankato, MN

    Credit&amp Collections Specialist

    FUJIFILM | Mankato, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $62,285.00 to $65,000.00-yr + $10k KPI bonus eligibility / Medical-Dental-Vision-Life Insurance / 401k ... more

    5 Days Ago

  • FUJIFILM | Alexandria, MN

    Credit&amp Collections Specialist

    FUJIFILM | Alexandria, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $62,285.00 to $65,000.00-yr + $10k KPI bonus eligibility / Medical-Dental-Vision-Life Insurance / 401k ... more

    5 Days Ago

  • FUJIFILM | Austin, MN

    Credit&amp Collections Specialist

    FUJIFILM | Austin, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $62,285.00 to $65,000.00-yr + $10k KPI bonus eligibility / Medical-Dental-Vision-Life Insurance / 401k ... more

    5 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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