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 $96,074 as of September 25, 2020, but the range typically falls between $83,294 and $110,580. 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.
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 2020 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 2018
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.
March 10, 2020
Demonstrated above average written and oral communication skills.
May 22, 2020
Credit and Collections Manager in Addison, IL
Develop strategies and goals to reduce write-off exposure.
Browse Related Job Categories With Credit and Collections Manager
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Average Base Salary
Average Total Cash Compensation
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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 $83,294 to $110,580 with the average base salary of $96,074. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $87,978 to $122,571 with the average total cash compensation of $103,656.