How much does a Credit and Collections Manager make in Ark, VA? The average Credit and Collections Manager salary in Ark, VA is $105,396 as of August 27, 2024, but the range typically falls between $91,144 and $121,173. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Credit and Collections Manager Salary | $78,169 | Ark,VA | August 27, 2024 |
25th Percentile Credit and Collections Manager Salary | $91,144 | Ark,VA | August 27, 2024 |
50th Percentile Credit and Collections Manager Salary | $105,396 | Ark,VA | August 27, 2024 |
75th Percentile Credit and Collections Manager Salary | $121,173 | Ark,VA | August 27, 2024 |
90th Percentile Credit and Collections Manager Salary | $135,537 | Ark,VA | August 27, 2024 |
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.
Credit Policy: Credit policy is a set of terms that lays out how your company will issue credit to its clients and collect unpaid debts. It maximize the company revenue/business while minimizing the risk generated by extending credit.
Skill | Salary | Demand |
---|---|---|
Collaboration
|
$110,666 |
5%
|
Credit Risk
|
$109,612 |
4%
|
Initiative
|
$109,612 |
4%
|
Analysis
|
$108,558 |
3%
|
Accounting
|
$107,504 |
2%
|
Leadership
|
$107,504 |
2%
|
What Should I Pay?
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 a director. 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 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Credit and Collections Manager, the upper level is Credit and Collections Director and then progresses to Top Credit and Collections Executive.
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Credit and Collections Manager salary varies from city to city. Compared with national average salary of Credit and Collections Manager, the highest Credit and Collections Manager salary is in San Francisco, CA, where the Credit and Collections Manager salary is 25.0% above. The lowest Credit and Collections Manager salary is in Miami, FL, where the Credit and Collections Manager salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Credit and Collections Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Representative I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Credit and Collections Manager salary of your education level.
Credit and Collections Manager salary varies from country to country. There are several factors that mainly impact the Credit and Collections Manager salary, including cost of living, economic conditions, market rates and legal differences. Click below to Credit and Collections Manager salary of the other country.
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About Ark, Virginia Ark is an unincorporated community in Gloucester County, Virginia, United States. Ark is located on U.S. Route 17 and Virginia State Route 14 3 miles ....More
Ark, Virginia area prices were up 1.2% from a year ago View the Cost of Living in Ark, Virginia
Credit and Collections Manager Salary in popular cities: Virginia Beach, Norfolk, Chesapeake
Skills associated with Credit and Collections Manager: Bill Collections, Cash Flow Analysis, Accounts Receivable, Credit and Collections Software ...More
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