How much does a Credit and Collections Manager make in Broussard, LA? The average Credit and Collections Manager salary in Broussard, LA is $101,150 as of May 28, 2024, but the range typically falls between $87,473 and $116,297. 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. 

Credit and Collections Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit and Collections Manager Salary $75,021 Broussard,LA May 28, 2024
25th Percentile Credit and Collections Manager Salary $87,473 Broussard,LA May 28, 2024
50th Percentile Credit and Collections Manager Salary $101,150 Broussard,LA May 28, 2024
75th Percentile Credit and Collections Manager Salary $116,297 Broussard,LA May 28, 2024
90th Percentile Credit and Collections Manager Salary $130,087 Broussard,LA May 28, 2024
25% $87,473 10% $75,021 90% $130,087 75% $116,297 $101,150 50%(Median) Didn’t find job title? Click
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What skills does a Credit and Collections Manager need?

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.

1.

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.

2.

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.

3.

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.

Customer Service 7.22%
Credit Card 1.68%
Credit Policy 1.24%
Others 89.86%

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 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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Job Openings for Credit and Collections Manager in Broussard, LA
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Career Path for Credit and Collections Manager

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.

Those that have already made the climb...
Theodore B. Young, Chief Financial Officer
Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. It owns and operates twenty-five very large gas carriers (VLGCs). The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.
Fiscal Year Ended in 2023
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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.

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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Credit and Collections Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
87473
116297
101150

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
92822
130730
109822
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 Broussard, LA. The base salary for Credit and Collections Manager ranges from $87,473 to $116,297 with the average base salary of $101,150. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $92,822 to $130,730 with the average total cash compensation of $109,822.
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Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

87473
116297

 

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How much should you be paid?

About Broussard, Louisiana    Broussard is a small city in Lafayette parish in the U.S. state of Louisiana. The population was 6,754 from the 2005 Census Est. Broussard is part of ....More

Broussard, Louisiana  area prices were up 1.2% from a year ago    View the Cost of Living in Broussard, Louisiana

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Skills associated with Credit and Collections Manager: Compliance Monitoring, Credit and Collections Software, Bill Collections, Negotiation ...More

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