Credit / Collections Manager Salary (United States)

A Credit / Collections Manager earns an average salary of $52,614 per year. The highest paying skills associated with this job are Financial Analysis and Negotiation.
Credit / Collections Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$35,873 - $81,024
(Median)
36K
43K
53K
66K
81K
MEDIAN: $52,613
10%
25%
50%
75%
90%
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Credit / Collections Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.40 - $23.99
(Median)
12
15
17
20
24
MEDIAN: $17.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Salary
$35,873 - $81,024  
   
Bonus
$72.72 - $14,217  
Profit Sharing
$400.00 - $7,585  
Commission
$0.00 - $24,511  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,499 - $82,460  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,265
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$12.40 - $23.99  
   
Overtime
$17.57 - $36.16  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$72.72 - $14,217  
   
Commission
$0.00 - $24,511  
Profit Sharing
$400.00 - $7,585  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,499 - $82,460  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 282
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Job Description for Credit / Collections Manager

A credit/collections manager is responsible for the direction and coordination of credit and collections procedures, policies, and operations. They manage the daily accounts receivables to ensure customer compliance, as well as follow up with issues or complaints from customers.
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Credit / Collections Manager Tasks
  • Oversee all general credit and collections processes.
  • Manages small claims court documentation and makes decisions on accouts to be written off.
  • Hire, manage, and motivate members of the collection team.

Common Career Paths for Credit / Collections Manager

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Credit / Collections Manager Job Listings

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Popular Skills for Credit / Collections Manager

Pay by Experience Level for Credit / Collections Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Boston
up arrow 39%
Philadelphia
up arrow 35%
Chicago
up arrow 25%
New York
up arrow 22%
Los Angeles
up arrow 18%
Atlanta
up arrow 16%
up arrow 8%
Dallas
up arrow 8%
Charlotte
up arrow 5%
Orlando
up arrow 4%
National Average
$52,000
Jacksonville
up arrow 2%
Portland
up arrow 6%
Columbus
up arrow 7%
Tulsa
up arrow 10%
Seattle
up arrow 30%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Credit / Collections Manager Salaries

National Average
$52,000

Skills That Affect Credit / Collections Manager Salaries

Customer Relationship Management (CRM)
up arrow 3%
Collection Development
up arrow 3%
Microsoft Excel
up arrow 3%
Collections
up arrow 1%
Accounts Receivable
0%
National Average
$52,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 368 votes.

Gender

Female
64%
female alumni
 
Male
36%
male alumni

Years of Experience

Less than 1 year
0%
1-4 years
17%
5-9 years
18%
10-19 years
34%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 67%
vision benefits Vision: 50% employee benefits None: 16%