Credit and Collections Director Salary in the United States

How much does a Credit and Collections Director make hourly in the United States? The average hourly wage for a Credit and Collections Director in the United States is $55 as of May 31, 2019, but the range typically falls between $47 and $65. Hourly rate 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

Salary estimation for Credit and Collections Director at companies like : BONANZA CREEK ENERGY INC, KINDER MORGAN, INC., KOSMOS ENERGY LTD

Job Description

Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2019 Salary.com)

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Understand the total hourly compensation opportunity for a Credit and Collections Director, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
47
65
55

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
50
73
59
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Credit and Collections Director in the United States. The average hourly rate for Credit and Collections Director ranges from $47 to $65 with the average hourly pay of $55. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $50 to $73 with the average total hourly cash compensation of $59.
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47
65

 

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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 26.0%
City, State Washington, DC Compared to national average
+ 11.2%
City, State Miami, FL Compared to national average
-2.5%
City, State Chicago, IL Compared to national average
+ 6.5%
City, State Boston, MA Compared to national average
+ 13.8%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-0.7%
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