Credit and Collections Director Salary in Virginia

How much does a Credit and Collections Director make in Virginia? The average Credit and Collections Director salary in Virginia is $115,107 as of December 26, 2019, but the range typically falls between $98,840 and $136,854. 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% $98,840 10% $84,029 90% $156,654 75% $136,854 $115,107 50%(Median)
Change Search Criteria

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)

See user submitted job responsibilities for Credit and Collections Director.

Select a city to view specific salary and bonus information for Credit and Collections Director

Loading results...
Location Avg. Salary Date Updated
Location Annandale, VA Avg. Salary $128,158 Date Updated December 26, 2019
Location Virginia State University, VA Avg. Salary $115,107 Date Updated December 26, 2019
Location Abingdon, VA Avg. Salary $100,354 Date Updated December 26, 2019
Location Accomac, VA Avg. Salary $108,900 Date Updated December 26, 2019
Location Achilles, VA Avg. Salary $108,252 Date Updated December 26, 2019
Location Afton, VA Avg. Salary $105,969 Date Updated December 26, 2019
Location Alberta, VA Avg. Salary $114,412 Date Updated December 26, 2019
Location Aldie, VA Avg. Salary $127,579 Date Updated December 26, 2019
Location Alexandria, VA Avg. Salary $128,158 Date Updated December 26, 2019
Location Altavista, VA Avg. Salary $106,152 Date Updated December 26, 2019
Job Openings for Credit and Collections Director in Virginia

Career Path for Credit and Collections Director

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