Average Late-Career Collections Manager Salary

$61,110
Avg. SalaryShow Hourly Rate
$5,896
Bonus
$3,000
Profit Sharing
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The average salary for a Late-Career Collections Manager is $61,110.
10%
$44k
MEDIAN
$61k
90%
$88k
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United States (change)
Salary
$44k - $88k
Bonus
$1k - $20k
Profit Sharing
$1k - $5k
Total Pay
$40k - $88k

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.

Collections Manager Job Listings

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Popular Skills for Collections Manager

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

Pay by Experience Level for Collections Manager

An entry-level Collections Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $45,333 based on 5 salaries. An early career Collections Manager with 1-4 years of experience earns an average total compensation of $47,831 based on 170 salaries. A mid-career Collections Manager with 5-9 years of experience earns an average total compensation of $54,968 based on 222 salaries. An experienced Collections Manager with 10-19 years of experience earns an average total compensation of $57,820 based on 263 salaries.

Pay Difference by Location

Learn more about cost of living by city.
Employees with Collections Manager in their job title in New York, New York earn an average of 30.9% more than the national average. These job titles also find higher than average salaries in Phoenix, Arizona (22.7% more) and Dallas, Texas (13.9% more). The lowest salaries can be found in Houston, Texas (9.7% less) and Atlanta, Georgia (1.8% less).

Years of Experience

This data is based on 660 survey responses.
Entry Level
0.8%
Early Career
25.8%
Mid Career
33.6%
Experienced
39.8%

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