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Collection Manager Jobs in Chicago, IL (NOW HIRING)

Experience with performing data collection on building systems (HVAC, refrigeration, point of sale ... Candidate must have strong time management and problem-solving skills, with the ability to meet ...

DATA COLLECTION SPECIALIST - Level II * Performs information gathering for data analytics ... Candidate must have strong time management and problem-solving skills, with the ability to meet ...

Effectively manage an open queue of accounts to consistently hit your monthly collection goal. Requirements * Excellent verbal communication skills. * Multitasking and time management skills to work ...

Effectively manage an open queue of accounts to consistently hit your monthly collection goal. Requirements * Excellent verbal communication skills. * Multitasking and time management skills to work ...

Effectively manage an open queue of accounts to consistently hit your monthly collection goal. Requirements * Excellent verbal communication skills. * Multitasking and time management skills to work ...

The Data Collection Senior Analyst supports clients and matter teams by executing defensible ... Able to manage multiple projects with competing deadlines and priorities #LI-Hybrid #LI-OE1 The ...

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Collection Manager information

See Chicago, IL salary details

$31.9K

$60.5K

$112.3K

How much do collection manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for collection manager in Chicago, IL is $60,492.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,700.00 and $67,500.00 per year, depending on experience, location, and employer.

What are some common challenges faced by Collection Managers, and how can they be effectively addressed?

Collection Managers often encounter challenges such as managing difficult conversations with delinquent clients, balancing collection goals with maintaining customer relationships, and ensuring compliance with relevant regulations. Effective strategies include ongoing training in negotiation and conflict resolution, utilizing data-driven tools to prioritize accounts, and fostering strong communication within the collections team. Staying current with industry best practices and legal requirements also helps Collection Managers navigate these challenges successfully.

What is the work of collection manager?

A collection manager oversees the acquisition, organization, preservation, and display of collections such as art, artifacts, or library materials. They develop policies, manage staff, and ensure proper documentation using cataloging systems, often requiring knowledge of conservation and relevant certifications.

What Does a Collection Manager Do?

A collection manager at a museum, library, or similar facility ensures the proper care of objects that are a part of the facility’s collections. In this career, your responsibilities include managing storage, working with the catalog, and helping to preserve, curate, archive, and catalog the items at the library or museum. Other duties may include helping to develop the policies associated with the disposal and acquiring of objects for the facility. Such policies outline how the facility plans to collect items, the types of objects that they have interest in, and how and why they may need to dispose of these items.

What are collection managers?

Collection managers are professionals responsible for overseeing and maintaining collections of valuable items, such as artwork, artifacts, documents, or specimens, in museums, libraries, galleries, or archives. Their duties typically involve cataloging, preserving, and ensuring the security and proper storage of collection items. They also coordinate acquisitions, loans, and exhibitions, and may supervise other staff or volunteers. Collection managers play a crucial role in protecting cultural, historical, or scientific assets for future generations.

What job makes $10,000 a month without a degree?

A Collection Manager typically does not earn $10,000 a month without a degree; this salary level is more common in high-paying roles such as sales executives, real estate brokers, or entrepreneurs. These positions often require strong skills, experience, and sometimes certifications but not necessarily a formal degree. High earnings in such roles depend on performance, industry, and location.

What is the highest paying collection job?

The highest paying collection jobs are typically senior roles such as Collections Director or Collections Manager in large organizations, with salaries often exceeding $80,000 annually. These positions require extensive experience, strong negotiation skills, and knowledge of credit laws and debt recovery strategies.

What are the key skills and qualifications needed to thrive as a Collection Manager, and why are they important?

To thrive as a Collection Manager, you need strong analytical skills, knowledge of credit and collections procedures, and typically a bachelor's degree in business, finance, or a related field. Familiarity with collection software, CRM systems, and relevant regulations such as the Fair Debt Collection Practices Act (FDCPA) is essential. Excellent negotiation, communication, and leadership abilities help you motivate teams and resolve disputes effectively. These skills are crucial for maximizing recoveries, maintaining compliance, and fostering positive client relationships.
What are the most commonly searched types of Collection jobs in Chicago, IL? The most popular types of Collection jobs in Chicago, IL are:
What are popular job titles related to Collection Manager jobs in Chicago, IL? For Collection Manager jobs in Chicago, IL, the most frequently searched job titles are:
What cities near Chicago, IL are hiring for Collection Manager jobs? Cities near Chicago, IL with the most Collection Manager job openings:

Accounts Receivable Credit Collections - 1598281

Ursitti Enterprises LLC

Merrillville, IN

$20/hr

Full-time

Posted 6 days ago


Job description

Accounts Receivable/Credit/Collections

 

·        Manage Daily Operations of Credit Management with customers of 2 companies.

·        Manage the day-to-day operation of limiting the company’s accounts to specific credit limits.

·        Investigate and approve new accounts, including spearheading credit limit negotiations between the sales department and the credit research agency, if needed.

·        Manage document change requests such as name changes, assignments, and assumptions.

·        Review requests for an increase in credit levels.

·        Prioritize and delegate daily workload and projects while providing guidance.

·        Develop, review, implement, and maintain reporting and policies of those being managed.  


Accounts Receivable:

·        Collaborate, monitor, and confer with customers and management regarding the collection of past-due amounts.

·        Approve all adjustments and ensure past-due accounts are properly handled.

·        Collaborate with companies’ collection agents and outside legal counsel to resolve delinquent and bankrupt accounts.

·        Manage the collection and distribution of legal filings from the bankruptcy courts as needed.


Financial Management

·        Assist with organization members and relationship management of bank activities.

·        Apply cash collections for two companies.

·        Maintain daily operations of General Ledger accountant for one primary company.

·        Manage monthly closing process.

·        Complete necessary reconciliations.

·        Generate journal entries for both recurring and period-specific transactions.

·        Prepare company financial statements.

·        Prepare associated reports monthly and as needed.

·        Familiarity with the preparation of audit work papers will be helpful for this position.

·        Perform other duties as assigned.


Job Qualifications:


2-3 years of related experience

Bachelor's degree (Accounting, Business Administration, Finance) or related work history.

High level of business interaction knowledge, accounting procedures, computer skills and strong demonstrated analytical skills.

Customer communication and determined collection management experience a plus for this position.