The average salary for a Collections Manager with People Management skills is $56,247.
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$41k - $79k
$1k - $19k
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$35k - $83k
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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 …Read more
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
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Popular Skills for Collections Manager
Skills in Accounts Receivable, Collection Development, Customer Service and Performance Management 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 $49,889 based on 71 salaries. A mid-career Collections Manager with 5-9 years of experience earns an average total compensation of $54,931 based on 107 salaries. An experienced Collections Manager with 10-19 years of experience earns an average total compensation of $58,260 based on 111 salaries. In their late career (20 years and higher), employees earn an average total compensation of $60,771.
Pay Difference by Location
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Employees with Collections Manager in their job title in Los Angeles, California earn an average of 33.3% more than the national average. These job titles also find higher than average salaries in Houston, Texas (4.9% more) and Dallas, Texas (2.0% more). The lowest salaries can be found in Atlanta, Georgia (10.4% less), Orlando, Florida (9.9% less) and Chicago, Illinois (8.2% less).
Years of Experience
This data is based on 383 survey responses.