Credit and Collections Manager Salaries in Thunder Bay, ON
Alternate Job Titles: Credit & Collections Manager
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How much does a Credit and Collections Manager in Thunder Bay, ON make? The median annual Credit and Collections Manager salary in Thunder Bay, ON is C$115,331, as of March 27, 2024, with a range usually between C$99,000-C$132,097 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Credit and Collections Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Credit and Collections Manager in Thunder Bay, ON.
This chart describes the expected percentage of people who perform the job of Credit and Collections Manager in Thunder Bay, Ontario that make less than that annual salary. For example the median expected annual pay for a typical Credit and Collections Manager in Thunder Bay, ON is C$115,331, so 50% of the people who perform the job of Credit and Collections Manager in Thunder Bay, ON are expected to make less than C$115,331.
Source: HR Reported data as of March 27, 2024
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This chart describes the expected percentage of people who perform the job of Credit and Collections Manager in Thunder Bay, ON that make less than that salary. For example 50% of the people who perform the job of Credit and Collections Manager in Thunder Bay, ON are expected to make less than the median.
Source: HR Reported data as of March 27, 2024
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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. Designs and implements processes to improve cash flow and reduce receivables. Monitors and negotiates the collection of overdue accounts. Monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to a director. 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. 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. View full job description
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