The average collections/account manager salary is $48,753. The most common degree is a bachelor's degree degree with an business major. It usually takes 6-8 years of experience to become a collections/account manager. Collections/account managers with a Certified Management Accountant (CMA) certification earn more money. Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.
There are certain skills that many collections/account managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.
If you're interested in becoming a collections/account manager, one of the first things to consider is how much education you need. We've determined that 41.4% of collections/account managers have a bachelor's degree. In terms of higher education levels, we found that 4.4% of collections/account managers have master's degrees. Even though some collections/account managers have a college degree, it's possible to become one with only a high school degree or GED.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of collections specialist you might progress to a role such as accounts receivable specialist eventually. Later on in your career, you could end up with the title accountant and office manager.
What Am I Worth?
Stanford, CA • Private
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The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 13.4% of collections/account managers listed customer service on their resume, but soft skills such as analytical skills and communication skills are important as well.
Zippia allows you to choose from different easy-to-use Collections/Account Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Collections/Account Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
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|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|1||JPMorgan Chase & Co.||$70,631||$33.96||15|
|4||Daimler Trucks North America||$56,845||$27.33||12|
|8||Bank of America||$53,325||$25.64||179|