How much does a Credit and Collections Manager make hourly in the United States? The average hourly wage for a Credit and Collections Manager in the United States is $47 as of June 28, 2021, but the range typically falls between $41 and $54. 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.
Job Description for Credit and Collections Manager
Credit and Collections Manager develops and administers credit and collection programs. Oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Being a Credit and Collections Manager designs and implements processes to improve cash flow and reduce receivables. Monitors and negotiates the collection of overdue accounts. Additionally, Credit and Collections Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to top management. The Credit and Collections Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Credit and Collections Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2021 Salary.com)... View full job description
CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and over... More
CPI AEROSTRUCTURES INC
Fiscal Year Ended in 2019
What does a Credit and Collections Manager do?
Credit and Collections Manager in Abilene, TX
Demonstrated leadership abilities, dependability and thoroughness in meeting responsibilities, and willingness to seek out and accept responsibilities.
February 10, 2021
Demonstrated above average written and oral communication skills.
April 01, 2021
Credit and Collections Manager in Addison, IL
Collection calls/or correspondence in a fast paced goal oriented department.
Browse Related Job Categories With Credit and Collections Manager
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Understand the total hourly compensation opportunity for a Credit and Collections Manager, hourly wage plus other pay elements
Average Hourly Wage
Average Total Hourly Cash Compensation
Includes base and short-term incentives
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 Manager in the United States. The average hourly rate for Credit and Collections Manager ranges from $41 to $54 with the average hourly pay of $47. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $43 to $60 with the average total hourly cash compensation of $51.