The average salary for a Collections Manager with Accounts Receivable skills is $57,215.
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$42k - $82k
$993 - $19k
$3k - $5k
$504 - $10k
$33k - $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 Customer Service and Performance Management are correlated to pay that is above average. Skills that pay less than market rate include Collection Development, People Management and 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 $50,218 based on 55 salaries. A mid-career Collections Manager with 5-9 years of experience earns an average total compensation of $56,961 based on 76 salaries. An experienced Collections Manager with 10-19 years of experience earns an average total compensation of $56,049 based on 92 salaries. In their late career (20 years and higher), employees earn an average total compensation of $62,291.
Pay Difference by Location
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Employees with Collections Manager in their job title in New York, New York earn an average of 35.3% more than the national average. These job titles also find higher than average salaries in San Diego, California (13.6% more) and Houston, Texas (11.3% more). The lowest salaries can be found in Chicago, Illinois (14.7% less), Orlando, Florida (13.3% less) and Austin, Texas (7.4% less).
Years of Experience
This data is based on 296 survey responses.