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As of August 01, 2026, the average salary for a Billing and Collections Manager in Michigan is $98,590 per year, which breaks down to an hourly rate of $47.
However, a Billing and Collections Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Billing and Collections Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $104,790 | $8,733 | $2,015 | $50 |
| Average | $98,590 | $8,216 | $1,896 | $47 |
| 25th Percentile | $85,090 | $7,091 | $1,636 | $41 |
J&B Medical Supply Co Inc - Wixom, MI
Stillman Law Office - Farmington, MI
TNT-Fast Finance - Bay City, MI
GDI Services Inc US - Southfield, MI
A Billing and Collections Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Billing and Collections Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Accounts Receivable Specialist IV | 7+ years | $84,048 |
| Accounts Receivable Operations Supervisor | 7+ years | $71,719 |
| Accounts Receivable Operations Senior Supervisor | 7+ years | $85,828 |
| Billing and Collections Manager | 7+ years | $98,532 |
| Accounts Receivable Operations Senior Manager | 7+ years | $136,127 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Billing and Collections Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Billing and Collections Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $110,366. While startup companies pay approximate $93,367.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $93,367 |
| Growth Stage | 51~500 | $98,747 |
| Established | 501~5000 | $106,578 |
| Enterprise | 5000+ | $110,366 |
For Billing and Collections Manager roles, the industry you choose can affect earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Billing and Collections Manager positions in Edu., Gov't. & Nonprofit or MFG Nondurable typically offer lower base pay, as these industries often view Billing and Collections Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $118,308 | $57.0 | 20% |
| Financial Services | $113,378 | $55.0 | 15% |
| Aerospace & Defense | $108,449 | $52.0 | 10% |
| Internet | $105,491 | $51.0 | 7% |
| Business Services | $103,520 | $50.0 | 5% |
Understanding how a Billing and Collections Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $104,790 | $8,733 | $2,015 | $50 |
| Average | $98,590 | $8,216 | $1,896 | $47 |
| 25th Percentile | $85,090 | $7,091 | $1,636 | $41 |
For a Billing and Collections Manager, the most direct path to higher earnings is advancing to the Accounts Receivable Operations Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $136,200 - a projected growth of 38% over your current level.
Ready to take the next step in your career? Browse thousands of current Billing and Collections Manager job openings on our job board. Use the search bar below to find your perfect match.
Zeal Credit Union
Livonia, MI
Zeal Credit Union | Livonia, MI
Job Description. Job Description. Join Zeal Credit Union as a full-time Collections Specialist and immerse yourself in a dynamic, onsite role based at our ... more
4 Days Ago
TNT-Fast Finance
Saginaw, MI
TNT-Fast Finance | Saginaw, MI
Job Description. Job Description. Collections Specialist – TNT Financial Inc. Position Type. Full-Time (40 Hours per Week). Compensation. Hourly Pay + Perf... more
4 Days Ago
Hart Medical Equipment
Grand Blanc, MI
Hart Medical Equipment | Grand Blanc, MI
Job Description. Job Description. Patient Pay Specialist. Status: Full Time. Hours: 8:30 am to 5:00 pm. Location: Grand Blanc, MI - after training, there i... more
2 Days Ago
Moore Mechanical
Cadillac, MI
Moore Mechanical | Cadillac, MI
Job Description. Job Description. Construction Collections Specialist. Moore Mechanical | Cadillac. Compensation: Commensurate with Experience. Protect Cas... more
2 Days Ago
Fifth Third Bank
Grand Rapids, MI
Fifth Third Bank | Grand Rapids, MI
Fifth Third Bank - - Responsibilities: Pursues communication with defaulted customers utilizing manual or automated dialing to obtain payment commitments d... more
5 Days Ago
Motherson
Farmington, MI
Motherson | Farmington, MI
Finance PositionThis position may be based in either San Antonio, TX, or Farmington Hills, MI.Under direction of the department leader, the candidate will ... more
6 Days Ago
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