A Collections Manager earns an average salary of Rs 527,143 per year. Most people with this job move on to other positions after 20 years in this field. Experience strongly influences income for this job.

Rs 237,027 - Rs 1,134,495
Rs 240K
Rs 540K
Rs 1M
MEDIAN: Rs 537,321
10%
50%
90%
Rs 0Rs 1M
Salary Rs 237,027 - Rs 1,134,495
Bonus Rs 7,213 - Rs 250,417
Commission Rs 215,000
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).
)
Rs 238,538 - Rs 1,201,476
  • Country: India
  • Currency: INR
  • Updated: 13 Jan 2018
  • Individuals Reporting: 153

Job Description for Collections Manager

A collections manager's primary responsibility is to be accountable for the recovery of the organization’s assets by collecting on delinquent accounts. The collections manager also works closely with their supervisor and office staff in the collection department. Communication skills are essential, since quite often the role involves coordinating tasks between management and workers. While the primary duty of a collection manager is taking care of delinquent accounts, many secondary tasks are required to achieve this primary directive. Directing the collections staff is essential, as is recruiting, training, and disciplining credit and collection staff effectively.

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Collections Manager Tasks

  • Hire, manage, and motivate members of the collection team.
  • Manages small claims court documentation and makes decisions on accounts to be written off.
  • Oversee all general credit and collections processes.

Collections Manager Job Listings

Pay Difference by Location

National Average: Rs 551,461

Larger city markers indicate a job is popular in that location.

Collections Manager Advice

Q: What is it like working as a Collections Manager?

Collections Manager in Pune:
"Focus on your target."
You manage your team and let your team manage their work.

Related Job Salaries

Key Stats for Collections Manager

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
1%
1-4 years
16%
5-9 years
32%
10-19 years
47%
20 years or more
3%

Experience Affects Collections Manager Salaries

▲27%

National Average
Rs 551,000

▼5%

Entry-Level
▼44%

Skills That Affect Collections Manager Salaries

▲7%


National Average
Rs 551,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Years of Experience

Less than 1 year
1%
1-4 years
16%
5-9 years
32%
10-19 years
47%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental:
vision benefits
Vision:
no benefits
None: 22%