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Collections Manager Jobs in Ivanhoe, MN (NOW HIRING)

Minnesota Careers

Accounting Supervisor Inter

Marshall, MN · On-site

$27.72 - $40.23/hr

Job Summary Position Purpose This position directs and manages the functions for accounts receivable and accounts payable, Responsible for billing, cashiering, collections, financial aid disbursement ...

U.S. Navy

RETAIL SERVICES SPECIALIST

Brookings, SD · On-site

Managing and operating ship's laundry and tailor shops * Managing and operating ship's retail ... Serving as cash collections agents * Operating and maintaining vending and cash collection machines ...

U.S. Navy

RETAIL SERVICES SPECIALIST

Brookings, SD

Managing and operating ship's laundry and tailor shops * Managing and operating ship's retail ... Serving as cash collections agents * Operating and maintaining vending and cash collection machines ...

Formerra

Account Manager

Minneota, MN · On-site

Expectations include the ability to sell at all levels of management and build relationships that ensure Formerra will continue to get the first and last look. Individual must have the ability to ...

GRIFOLS, S.A.

Operations Supervisor

Brookings, SD · On-site

Under the guidance of the Center Manager and/or the Assistant Manager, assure facility is maintained in a neat and clean condition and all equipment is kept in good working order. * Submit timely and ...

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Collections Manager information

See Ivanhoe, MN salary details

$30.2K

$57.1K

$106K

How much do collections manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for collections manager in Ivanhoe, MN is $57,123.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,400.00 and $63,700.00 per year, depending on experience, location, and employer.

What does a collections manager do?

A collections manager oversees the process of collecting payments from customers or clients, ensuring accounts are paid on time. They coordinate with debtors, monitor overdue accounts, and may use collection software or tools to manage the process efficiently. Strong communication skills and knowledge of financial regulations are important in this role.

How much do collections managers make?

Collections managers typically earn a median annual salary of around $60,000 to $80,000, depending on experience, industry, and location. In larger markets, such as major cities, salaries can be higher, often exceeding $90,000 for experienced professionals. Compensation may also include bonuses and benefits related to debt recovery and financial management skills.

How does a collections manager typically collaborate with other departments to improve recovery rates?

A Collections Manager often works closely with teams such as customer service, sales, and finance to streamline the collections process and address payment issues more effectively. By sharing insights on overdue accounts and payment trends, they help these departments identify potential risks earlier and implement proactive solutions. Collaboration can also involve developing payment plans tailored to client needs, resolving disputes, and ensuring all communications align with company policies. This teamwork is essential for maximizing recovery rates while maintaining strong customer relationships.

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

To thrive as a Collections Manager, you need expertise in debt recovery strategies, financial analysis, and a background in finance or accounting, often supported by a bachelor’s degree. Familiarity with collections management software, CRM systems, and relevant regulations such as FDCPA is typically expected. Exceptional negotiation, leadership, and conflict-resolution skills help you manage teams and communicate effectively with clients. These abilities ensure effective recovery of outstanding debts while maintaining compliance and positive customer relationships.
More about Collections Manager jobs
What cities near Ivanhoe, MN are hiring for Collections Manager jobs? Cities near Ivanhoe, MN with the most Collections Manager job openings:
Collections Manager jobs near you
Infographic showing various Collections Manager job openings in Ivanhoe, MN as of August 2026, with employment types broken down into 85% Full Time, 14% Part Time, and 1% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $57,123 per year, or $27.5 per hour.

Banking Collections Manager

Executive Recruiting Consultants

Flandreau, SD

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago

Job description

COMPANY PROFILE:

Financial institution with a century of success in the Southeastern South Dakota area, offers a full-range of services within a true bank setting. As an employee you can expect a family-friendly work atmosphere, opportunity for career growth and a top-notch benefits package.

WHAT THE COMPANY WILL OFFER YOU:

· Competitive Compensation

· Medical, Dental, Vision, Life Insurance, Short & Long Term Disability.

· Medical & Daycare Reimbursement

· 401k with 3% Match

· PTO, PPL, Volunteer Time Off

· Paid Birthdays off

· 10 Paid Holidays

THE ROLE YOU WILL PLAY:

  • Team up with collectors to ensure effective collection processes of past due: mortgages, loans, overdrawn accounts etc.
  • Oversee foreclosure and repossession processes.
  • Recommend appropriate loan modification.

COMMUNITY:

Sioux Falls, SD

Located in the Heart of America, Sioux Falls is in the center of everything. They are a community with a welcoming atmosphere, convenience, big city entertainment, and small-town attention. Offering a great balance of hometown values and cutting-edge technology.

Conveniently located at the junction of I-90 and I-29, and near most of the major Midwestern cities. Commuting within the city is only about 15-20 minutes anywhere you want to go. Sioux Falls Regional Airport is served by several major airlines and offers connections to over 200 domestic cities.

You will never find yourself bored here, there is literally tons to do, more than 650 restaurants, excellent shopping, and year-round attractions and events.

Affordable cost of living, your dollar stretches farther here in accommodations, food, entertainment, shopping and special events all cost less.

Here the city mixes a cosmopolitan atmosphere with a fun and friendly sense of community. Friendly people, clean air and water, low unemployment and a stable economy all make Sioux Falls a great place to live.

BACKGROUND PROFILE:

  • Banking Experience
  • Management Experience
  • Bachelor’s Degree preferred