Collections Lead Salary in Hartford, CT

Collections Team Lead - Average Salary $102,664

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Billing and Collections Analyst IV - Average Salary $78,190

The Billing and Collections Analyst IV maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Being a Billing and Collections Analyst IV generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. In addition, Billing and Collections Analyst IV investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Being a Billing and Collections Analyst IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as a Billing and Collections Analyst IV typically requires 7+ years of related experience.

VP of Collections - Average Salary $240,399

Develops overall corporate policies regarding collections of overdue/delinquent accounts. Ensures all collections policies are followed. Monitors collections activities and provides recommendations for improvement. May work with legal counsel or outside collections agencies to handle overdue accounts. Requires a bachelor's degree. Typically reports to top management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.

Collections Supervisor - Average Salary $70,935

Supervises the day-to-day process and operations involved with collections on overdue/delinquent accounts. Reviews and develops policies and procedures and ensures compliance. Initiates demand letters, outbound calls, and handles escalated calls. Monitors collections activities for quality. Ensures that production targets are achieved. May require a bachelor's degree. Typically reports to a manager. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.

Head of Collections - Average Salary $240,390

The Head of Collections ensures all collections policies are followed. Develops overall corporate policies regarding collections of overdue/delinquent accounts. Being a Head of Collections may work with legal counsel or outside collections agencies to handle overdue accounts. Monitors collections activities and provides recommendations for improvement. In addition, Head of Collections requires a bachelor's degree. Typically reports to top management. The Head of Collections manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Working as a Head of Collections typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.