Average Collections Manager Salary

$54,170
Avg. SalaryShow Hourly Rate
$5,196
Bonus
$10,174
Commission
$3,052
Profit Sharing
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The average salary for a Collections Manager is $54,170.
10%
$39k
10%
$54k
50%
$79k
90%
90%
MEDIAN $54,170
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United States (change)
Salary
$39k - $79k
Bonus
$993 - $19k
Profit Sharing
$964 - $8k
Commission
$498 - $54k
Total Pay
$33k - $81k

Your Market Worth Over Time

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Job Description for Collections Manager

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.

Career Paths

Explore the most common career paths for Collections Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Collections Manager
Credit / Collections Manager
Collections Specialist
Accounts Receivable Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Collections Manager Job Listings

Popular Skills for Collections Manager

Skills in People Management, Accounts Receivable, Collection Development and Customer Service are correlated to pay that is above average. Skills that pay less than market rate include Bill Collections.

Pay by Experience Level for Collections Manager

An early career Collections Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $47,198 based on 187 salaries. A mid-career Collections Manager with 5-9 years of experience earns an average total compensation of $53,499 based on 223 salaries. An experienced Collections Manager with 10-19 years of experience earns an average total compensation of $56,601 based on 276 salaries. In their late career (20 years and higher), employees earn an average total compensation of $61,027.
Employees with Collections Manager in their job title in New York, New York earn an average of 15.8% more than the national average. These job titles also find higher than average salaries in Houston, Texas (12.8% more). The lowest salaries can be found in Indianapolis, Indiana (14.2% less), Atlanta, Georgia (7.7% less) and Orlando, Florida (5.6% less).

Years of Experience

This data is based on 889 survey responses.
Early Career
21.0%
Mid Career
25.1%
Experienced
31.0%
Late Career
22.8%

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