Credit and Collections Manager Salary in District of Columbia

How much does a Credit and Collections Manager make in District of Columbia? The average Credit and Collections Manager salary in District of Columbia is $104,543 as of January 20, 2020, but the range typically falls between $90,657 and $122,024. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

25% $90,657 10% $78,015 90% $137,940 75% $122,024 $104,543 50%(Median)
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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 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $104,017 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $104,017 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $104,017 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $104,017 Date Updated January 20, 2020
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