Credit and Collections Operations Manager Salary in the United States

How much does a Credit and Collections Operations Manager make in the United States? The average Credit and Collections Operations Manager salary in the United States is $93,400 as of September 26, 2019, but the range typically falls between $81,000 and $109,000. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Popular jobs: Architect I, Biomedical Engineer I, Civil Engineer I

Salary estimation for Credit and Collections Operations Manager at companies like : ARCONIC INC, CPI AEROSTRUCTURES INC, DORIAN LPG LTD

Job Description

The Credit and Collections Operations Manager oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Develops and administers credit and collection programs. Being a Credit and Collections Operations Manager monitors and negotiates the collection of overdue accounts. Designs and implements processes to improve cash flow and reduce receivables. In addition, Credit and Collections Operations Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to top management. The Credit and Collections Operations Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Credit and Collections Operations Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2019 Salary.com)

Take just three simple steps below to generate your own personalized salary report.

Step 1 of 3

Understand the total compensation opportunity for a Credit and Collections Operations Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
81000
109000
93400

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
84900
120100
99700
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit and Collections Operations Manager in the United States. The base salary for Credit and Collections Operations Manager ranges from $81,000 to $109,000 with the average base salary of $93,400. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $84,900 to $120,100 with the average total cash compensation of $99,700.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

81000
109000

 

Step 3 of 3

Recalculate your target pay based on your unique skills and experiences

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Credit and Collections Operations Manager