How much does a Credit and Collections Manager make in the United States? The average Credit and Collections Manager salary in the United States is $100,506 as of November 29, 2021, but the range typically falls between $87,404 and $116,613. 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. 

Based on HR-reported data: a national average with a geographic differential
25% $87,404 10% $75,475 90% $131,278 75% $116,613 $100,506 50%(Median)
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Check out Credit and Collections Manager jobs in the United States

Collection Division Manager

Cornerstone Credit Services, LLC - Anchorage, AK

Credit Collections Specialist

COMPANY - Bergen County, NJ

Collections Agent

Eurofins Lancaster Laboratories - Lancaster, CA

Collection Specialist

Caine & Weiner - Los Angeles, CA

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

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Job Openings for Credit and Collections Manager
Those that have already made the climb...
Vincent Palazzolo, Former Chief Financial Officer
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
Fiscal Year Ended in 2019
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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

 
 
 
87404
116613
100506

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
92725
129394
108947
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit and Collections Manager in the United States. The base salary for Credit and Collections Manager ranges from $87,404 to $116,613 with the average base salary of $100,506. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $92,725 to $129,394 with the average total cash compensation of $108,947.
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87404
116613

 

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

Salary estimation for Credit and Collections Manager at companies like : CPI AEROSTRUCTURES INC, DORIAN LPG LTD, Howmet Aerospace Inc.

Jobs with a similar salary range to Credit and Collections Manager : Professional Services Manager