How To Become An Assistant Collections Manager: What It Is and Career Path

What is an assistant collections manager and how to become one

Updated January 8, 2025

3 min read

There is more than meets the eye when it comes to being an assistant collections manager. For example, did you know that they make an average of $21.5 an hour? That's $44,728 a year! Between 2018 and 2028, the career is expected to grow 17% and produce 123,100 job opportunities across the U.S.

ScoreAssistant Collections ManagerUS Average

Salary

3.5

Avg. Salary $44,728

Avg. Salary $59,228

Stability level

9.5

Growth rate 17%

Growth rate 0.3%

Diversity

3.5

Race

American Indian and Alaska Native 0.34%

Asian 7.50%

Black or African American 7.79%

Hispanic or Latino 15.01%

Unknown 4.11%

White 65.24%

Gender

female 56.43%

male 43.57%

Age - 46

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46

Stress level

9.5

Stress level is very high

7.1 - high

Complexity level

9.1

Complexity level is advanced

7 - challenging

Work life balance

4.9

Work life balance is fair

6.4 - fair

Key steps to become an assistant collections manager

Explore assistant collections manager education requirements

Most common assistant collections manager degrees

Bachelor's

47.6 %

Associate

21.6 %

High School Diploma

18.5 %

Start to develop specific assistant collections manager skills

Skills	Percentages
Customer Service	18.52%
Loan Applications	12.62%
Customer Satisfaction	9.34%
Delinquent Accounts	7.83%
Past Due Accounts	5.82%

Complete relevant assistant collections manager training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New assistant collections managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an assistant collections manager based on U.S. Bureau of Labor Statistics data and data from real assistant collections manager resumes.

Research assistant collections manager duties and responsibilities

Manage all accounts receivable activities including billing, customer dispute resolution, cash application collections, write-offs and month-end reconciliations.
Ensure compliance with all state and federal guidelines for all transactions (FDCPA).
Improve overall relationship with CMS regarding billing & collection practices from previous negative relationship.
Direct and administer internal / SOX audits to ensure regulatory compliance and operational efficiency/accuracy.

Prepare your assistant collections manager resume

When your background is strong enough, you can start writing your assistant collections manager resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an assistant collections manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable assistant collections manager resume templates

Build a professional assistant collections manager resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your assistant collections manager resume.

Apply for assistant collections manager jobs

Now it's time to start searching for an assistant collections manager job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

How do assistant collections managers rate their job?

-/5

5 stars

4 stars

3 stars

2 stars

1 star

Assistant collections manager reviews

A zippia user wrote a review on Mar 2020

Pros

I love the problem solving aspect. Helping my team work through problems and training new employees to perform to their best.

A zippia user wrote a review on Jun 2019

Pros

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A zippia user wrote a review on Mar 2019

Cons

The pay didn't increase much from when I was a leasing consultant of assistant manager and now I hav wa lot more responsibilities and the same pay out. Been with the company 12 years.