How much does a Credit and Collections Director make in the United States? The average Credit and Collections Director salary in the United States is $147,226 as of November 23, 2022, but the range typically falls between $126,545 and $168,077. 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. 

Jobs with a similar salary range to Credit and Collections Director : Senior Technology Manager

Based on HR-reported data: a national average with a geographic differential
25% $126,545 10% $107,716 90% $187,061 75% $168,077 $147,226 50%(Median)
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Check out Credit and Collections Director jobs in Virginia

Staff Accountant

ISEP - Arlington, VA

Account Receivable & Collections Clerk

VSC Fire & Security, Inc. - Ashland, VA

Collections Rep II

Chesapeake Utilities Corporation - Belle Haven, VA

Revenue Cycle Project Specialist

University of Virginia - Charlottesville, VA

Job Description for Credit and Collections Director

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 2022 Salary.com)... View full job description

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Michael J. Rugen, Chief Financial Officer
Fiscal Year Ended in 2011
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
126545
168077
147226

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
140132
200319
166824
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit and Collections Director in the United States. The base salary for Credit and Collections Director ranges from $126,545 to $168,077 with the average base salary of $147,226. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $140,132 to $200,319 with the average total cash compensation of $166,824.
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126545
168077

 

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Skills associated with Credit and Collections Director: Compliance Audit, Bill Collections, Accounts Receivable, Negotiation ...More

Salary estimation for Credit and Collections Director at companies like : CIVITAS RESOURCES INC, KINDER MORGAN INC, RILEY EXPL PERMIAN INC

Jobs with a similar salary range to Credit and Collections Director : Director, Credit