Credit and Collections Director Salary in Connecticut

How much does a Credit and Collections Director make in Connecticut? The average Credit and Collections Director salary in Connecticut is $125,298 as of December 26, 2019, but the range typically falls between $107,590 and $148,970. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

25% $107,590 10% $91,468 90% $170,522 75% $148,970 $125,298 50%(Median)
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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 2020 Salary.com)

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Location Avg. Salary Date Updated
Location New London, CT Avg. Salary $123,910 Date Updated December 26, 2019
Location Norwich, CT Avg. Salary $123,966 Date Updated December 26, 2019
Location West Haven, CT Avg. Salary $127,069 Date Updated December 26, 2019
Location Abington, CT Avg. Salary $122,738 Date Updated December 26, 2019
Location Amston, CT Avg. Salary $124,220 Date Updated December 26, 2019
Location Andover, CT Avg. Salary $124,897 Date Updated December 26, 2019
Location Ansonia, CT Avg. Salary $127,069 Date Updated December 26, 2019
Location Ashford, CT Avg. Salary $122,807 Date Updated December 26, 2019
Location Avon, CT Avg. Salary $125,129 Date Updated December 26, 2019
Location Ballouville, CT Avg. Salary $122,567 Date Updated December 26, 2019
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