Credit and Collections Manager Salary in the United States

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 $93,303 as of September 26, 2019, but the range typically falls between $80,913 and $108,904. 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.  View the Cost of Living in Major Cities

Skills Associated with Credit and Collections Manager: Compliance Audit, Bill Collections, Negotiation, Credit and Collections Software ...More

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Salary estimation for Credit and Collections Manager at companies like : ARCONIC INC, CPI AEROSTRUCTURES INC, DORIAN LPG LTD

Job Description

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 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
80913
108904
93303

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
84865
120016
99637
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 $80,913 to $108,904 with the average base salary of $93,303. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $84,865 to $120,016 with the average total cash compensation of $99,637.
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80913
108904

 

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Job Openings for Credit and Collections Manager
Those that have already made the climb...
Vincent Palazzolo , 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 2018
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%