Average Credit / Collections Manager Salary

$61,529
Avg. SalaryShow Hourly Rate
$5,025
Bonus
$11,792
Commission
$3,064
Profit Sharing
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The average salary for a Credit / Collections Manager is $61,529.
10%
$41k
MEDIAN
$62k
90%
$96k
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United States (change)
Salary
$41k - $96k
Bonus
$984 - $15k
Profit Sharing
$822 - $7k
Commission
$412 - $58k
Total Pay
$36k - $97k

Your Market Worth Over Time

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Job Description for Credit / Collections Manager

Credit / 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.

Job Satisfaction for Credit / Collections Manager

4.1 out of 5
(228)
Highly Satisfied
22Reviews

Popular Employer Salaries for Credit / Collections Manager

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Popular Skills for Credit / Collections Manager

Skills in Accounts Receivable, Credit Control and Collection Development are correlated to pay that is above average. Skills that pay less than market rate include Customer Relationship Management (CRM) and Bill Collections.

Pay by Experience Level for Credit / Collections Manager

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 $51,456 based on 7 salaries. An early career Credit / Collections Manager with 1-4 years of experience earns an average total compensation of $55,618 based on 155 salaries. A mid-career Credit / Collections Manager with 5-9 years of experience earns an average total compensation of $57,970 based on 199 salaries. An experienced Credit / Collections Manager with 10-19 years of experience earns an average total compensation of $62,705 based on 402 salaries. In their late career (20 years and higher), employees earn an average total compensation of $69,465.
Employees with Credit / Collections Manager in their job title in New York, New York earn an average of 24.7% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (23.5% more) and Atlanta, Georgia (7.9% more). The lowest salaries can be found in Chicago, Illinois (10.6% less), St. Louis, Missouri (5.8% less) and Dallas, Texas (0.1% less).

Years of Experience

This data is based on 1,176 survey responses.
Entry Level
0.6%
Early Career
13.2%
Mid Career
16.9%
Experienced
34.2%
Late Career
35.1%

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