Avg. Base Salary (USD)
The average salary for a Credit / Collections Manager is $64,146
What is the Pay by Experience Level for Credit / Collections Managers?
An entry-level Credit / Collections Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $57,325 based on 8 salaries. An early career Credit / Collections Manager with 1-4 years of experience earns an average total compensation of $56,986 based on …Read more
What Do Credit / Collections Managers Do?
A credit/collections manager is responsible for the direction and coordination of credit and collections procedures, policies, and operations. They manage the daily accounts receivables to ensure customer compliance, as well as follow up with issues or complaints from customers.
The credit/collections manager must provide support to general managers and accounts managers. They direct and supervise credit evaluations, cash applications, collections, and placement of accounts. It is the …Read more
- 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.