Director Credit & Collections

$159,240 (USD)/yr

$76.56 (USD)/hr

$17,118 (USD)/yr

The average director credit & collections gross salary in Honeoye Falls, New York is $159,240 or an equivalent hourly rate of $77. This is 4% higher (+$5,873) than the average director credit & collections salary in the United States. In addition, they earn an average bonus of $17,118. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Honeoye Falls, New York. An entry level director credit & collections (1-3 years of experience) earns an average salary of $109,673. On the other end, a senior level director credit & collections (8+ years of experience) earns an average salary of $197,152.

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Salary Potential

$182,731 (USD)

15 %

Based on our compensation data, the estimated salary potential for Director Credit & Collections will increase 15 % over 5 years.

Education

This chart displays the highest level of education for:
Director Credit & Collections, the majority at 100% with bachelors.

Typical Field of Study: Accounting and Finance

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City Overview

Honeoye Falls, New York

The cost of living in Honeoye Falls, New York is 1% less than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Honeoye Falls ( HUN-ee-oy) is a village within the town of Mendon in Monroe County, New York, United States. The population was 2,706 at the 2020 census. The village is sited next to a small waterfall on Honeoye Creek, which gives the village its name. The name "Honeoye" comes from the Seneca word ha-ne-a-yah, which means "lying finger", or "where the finger lies". The name comes from the local story of a Native American whose finger was bitten by a rattlesnake and who therefore cut off his fing

Sourced from Wikipedia
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Disclaimer
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Job Description
Directs and coordinates activities of those engaged in conducting credit investigations and collecting delinquent accounts of customers. Develops department standards, policies, processes, and requirements. Analyzes new proposals and applications for credit approvals, determines the risk ratings of clients, and prepares efficient reports for high-risk, high-volume accounts. Designs and implements processes to improve cash flow and reduce nonpayment of accounts.
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