As of May 01, 2026, the average salary for a Credit and Collections Manager in Virginia is $111,259 per year, which breaks down to an hourly rate of $53.
However, a Credit and Collections Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Credit and Collections Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $122,557 | $10,213 | $2,357 | $59 |
| Average | $111,259 | $9,272 | $2,140 | $53 |
| 25th Percentile | $99,084 | $8,257 | $1,905 | $48 |
Great Life Distributors, Inc. - Arlington, VA
Axon - Sterling, VA
Medallia - Mc Lean, VA
Jobot - Mc Lean, VA
A Credit 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 Credit 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 |
|---|---|---|
| Credit and Collections Analyst III | 4-7 years | $80,447 |
| Credit and Collections Supervisor | 7+ years | $74,669 |
| Credit and Collections Manager | 7+ years | $111,259 |
| Credit and Collections Director | 7+ years | $160,365 |
| VP of Credit and Collections | 7+ years | $200,680 |
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 Credit 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:
Understanding how a Credit 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 | $122,557 | $10,213 | $2,357 | $59 |
| Average | $111,259 | $9,272 | $2,140 | $53 |
| 25th Percentile | $99,084 | $8,257 | $1,905 | $48 |
For a Credit and Collections Manager, the most direct path to higher earnings is advancing to the Credit and Collections Director role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $160,365 - a projected growth of 44% over your current level.
Ready to take the next step in your career? Browse thousands of current Credit and Collections Manager job openings on our job board. Use the search bar below to find your perfect match.
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