Find & Apply For Collections Manager Jobs In Your Location
Collections Manager jobs involve overseeing a team responsible for collecting outstanding debts, managing accounts receivable, and developing strategies to improve payment processes. Responsibilities include analyzing data, communicating with clients, and ensuring compliance with regulations. Collections Managers play a vital role in maintaining cash flow and minimizing bad debt risk. Below you can find different Collections Manager positions in and around your location.
Industry Trends & Salary Expectations
The Collections Manager is responsible for overseeing the organization and management of collections within a company or institution. - Entry-level Collections Specialist salaries range from $30,000 to $40,000 per year - Mid-career Collections Manager salaries range from $45,000 to $60,000 per year - Senior-level Director of Collections salaries range from $70,000 to $100,000 per year The role of managing collections has been a crucial aspect of businesses and institutions for centuries, dating back to early civilizations where records and assets were meticulously kept and maintained. As the business landscape has evolved, the role of the Collections Manager has also transformed to adapt to new technologies and changing business practices. Today, Collections Managers not only oversee physical collections but also digital assets and data management. Current trends in the field of collections management include the integration of software and technology to streamline processes, the implementation of data analytics to optimize collection strategies, and the focus on compliance and regulations in handling sensitive information. Collections Managers are also increasingly involved in developing strategies for sustainable collection practices and ethical considerations in acquisitions and deaccessions.
