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.

What Does a Collections/Account Manager Do

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.

How To Become a Collections/Account Manager

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.

Learn More About How To Become a Collections/Account Manager

Collections/Account Manager Career Paths

Average Salary for a Collections/Account Manager

Collections/Account Managers in America make an average salary of $48,753 per year or $23 per hour. The top 10 percent makes over $68,000 per year, while the bottom 10 percent under $34,000 per year.
Average Collections/Account Manager Salary
$48,753 Yearly
$23.44 hourly
$34,000
10 %
$48,000
Median
$68,000
90 %

What Am I Worth?

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Collections/Account Manager Education

Collections/Account Manager Majors

38.1 %

Collections/Account Manager Degrees

Bachelors

41.4 %

Associate

24.1 %

High School Diploma

21.0 %

Top Colleges for Collections/Account Managers

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Private

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

Top Skills For a Collections/Account Manager

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.

Choose From 10+ Customizable Collections/Account Manager Resume templates

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.

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Collections/Account Manager Demographics

Collections/Account Manager Gender Distribution

Female
Female
60%
Male
Male
40%

After extensive research and analysis, Zippia's data science team found that:

  • Among collections/account managers, 59.8% of them are women, while 40.2% are men.

  • The most common race/ethnicity among collections/account managers is White, which makes up 69.5% of all collections/account managers.

  • The most common foreign language among collections/account managers is Spanish at 76.4%.

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Top Collections/Account Manager Employers

Most Common Employers For Collections/Account Manager

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1JPMorgan Chase & Co.$70,631$33.9615
2Citi$69,153$33.2547
3Ford Motor$62,424$30.0111
4Daimler Trucks North America$56,845$27.3312
5Discover$54,976$26.4384
6Navient$53,698$25.8250
7U.S. Bank$53,598$25.7711
8Bank of America$53,325$25.64179
9Southern$52,786$25.3816
10Wells Fargo$51,647$24.8324

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