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Credit And Collections Associate Jobs in Chicago, IL

What you will bring: * 2 years of previous experience in Credit and Collections, or Accounts Receivables is required * Associate's degree or equivalent from a college or university accredited by the ...

Oversee customer credit reviews, account holds, and external collections agency referrals. * Design ... Associate's or Bachelor's degree in a relevant discipline * Experience with Dynamics 365 software ...

Provide regular reporting of information such as customer aging, credit limits, credit hold status ... Bachelor's or Associates degree in business, accounting, or finance highly preferred, but not ...

Apply cash receipts and assist with account adjustments, credits, and write-offs * Support month ... Associate's/Bachelor's Degree in Finance, Accounting, or related field preferred * 2 - 4 years of ...

Collections Representative

Orland Park, IL · On-site

$16.75 - $21.75/hr

Process account adjustments, credit requests, and payment applications as needed. * Escalate ... High school diploma or equivalent required; associate's or bachelor's degree preferred. * Previous ...

New

Credit Analyst

Wood Dale, IL · On-site

$65K - $85K/yr

Maximize collections and maintain customer relations. * Monitor accounts to ensure timely payments ... Associate degree (A.A.) or equivalent from two-year college or technical school; or four years ...

Posted today

Credit Analyst

Wood Dale, IL · On-site

$65K - $85K/yr

Maximize collections and maintain customer relations. * Monitor accounts to ensure timely payments ... Associate degree (A.A.) or equivalent from two-year college or technical school; or four years ...

Posted today

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Credit And Collections Associate information

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How much do credit and collections associate jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for credit and collections associate in Chicago, IL is $24.11, according to ZipRecruiter salary data. Most workers in this role earn between $22.55 and $25.00 per hour, depending on experience, location, and employer.

What is a credit and collections associate?

Credit and Collections Associates are professionals responsible for managing a company’s accounts receivable. Their main tasks include reviewing credit applications, assessing customer creditworthiness, monitoring outstanding balances, contacting customers regarding overdue payments, and negotiating payment arrangements. They play a key role in ensuring timely cash flow and minimizing financial risks for the organization. Effective communication, attention to detail, and knowledge of financial regulations are important skills for this position.

What are the key skills and qualifications needed to thrive as a credit and collections associate?

To thrive as a Credit and Collections Associate, you need a solid understanding of accounting principles, financial analysis, and credit risk assessment, usually supported by a degree in finance or accounting. Familiarity with ERP systems, credit management software, and spreadsheets is typically required, along with knowledge of relevant regulations. Strong negotiation, communication, and problem-solving skills help in resolving disputes and building positive relationships with clients. These skills ensure timely collections, minimize bad debt, and maintain healthy cash flow for the organization.

How does a credit and collections associate typically collaborate with sales and customer service teams to resolve payment issues?

Credit and Collections Associates frequently work alongside sales and customer service teams to address overdue accounts and resolve customer payment concerns. They coordinate with sales to understand client relationships and any special arrangements, and partner with customer service to clarify billing disputes or product issues that may delay payments. This collaborative approach ensures that payment problems are handled efficiently while maintaining positive client relationships, which is essential for both customer retention and cash flow management.

What is the difference between Credit And Collections Associate vs Accounts Receivable Clerk?

AspectCredit And Collections AssociateAccounts Receivable Clerk
Primary RoleManaging credit risk, collecting overdue payments, and maintaining customer credit profilesRecording and processing incoming payments, invoicing, and reconciling accounts
Required SkillsCommunication, negotiation, knowledge of credit policiesData entry, attention to detail, basic accounting skills
Work EnvironmentOffice setting, interacting with customers and sales teamsOffice setting, primarily clerical and administrative tasks
Common CertificationsCredit and collections certifications, accounting knowledgeBasic accounting or bookkeeping certifications often preferred

While both roles involve financial processes, the Credit And Collections Associate focuses on managing credit risk and collecting overdue payments, whereas the Accounts Receivable Clerk handles invoicing and recording payments. The associate role typically requires stronger communication and negotiation skills, with a focus on credit management, making it distinct in responsibilities and skill set.

What are the most commonly searched types of Credit And Collections jobs in Chicago, IL?

The most popular types of Credit And Collections jobs in Chicago, IL are:

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For Credit And Collections Associate jobs in Chicago, IL, the most frequently searched job titles are:

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The top searched job categories for Credit And Collections Associate jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Credit And Collections Associate jobs?

Cities near Chicago, IL with the most Credit And Collections Associate job openings:

Infographic showing various Credit And Collections Associate job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 26% Part Time, 1% Temporary, and 1% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $50,142 per year, or $24.1 per hour.

Sr Credit & Collections Representative

Yamazen

Elk Grove Village, IL

$28.85 - $33.66/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted yesterday

New


Job description

Senior Credit & Collections Representative

The Credit and Collections Representative supports healthy cash flow and customer relationships by administering commercial credit and collections for Yamazen Inc. The role proactively identifies issues and takes action to maximize the efficiency and effectiveness of credit and collections management while continuously improving existing management practices. Working with customers and internal teams, this position evaluates risk, manages receivables, resolves complex account issues and drives timely payment.

Key Responsibilities

  • Manage an assigned accounts receivable portfolio: review aging, prioritize risk, contact customers, secure and track payment commitments, document activity, and drive balances to timely resolution.
  • Evaluate customer credit using applications, references, credit reports, payment history, and available financial information; recommend limits, terms, holds, releases, and other risk controls within established authority.
  • Investigate and resolve billing disputes, deductions, short payments, unapplied cash, payment-application issues, and invoice or account discrepancies; coordinate root-cause correction with customers and internal teams.
  • Monitor exposure, delinquency trends, promises to pay, and high-risk accounts; prepare aging and collection reports, escalate material risks, and recommend bad-debt, agency, legal, or other action for approval.
  • Proactively identify process, system, and control issues; implement improvements, standardize workflows, maintain accurate records and procedures, and support policy and internal-control compliance.
  • Serve as a senior resource by providing guidance and training, supporting audits and special projects, and maintaining professional customer relationships while protecting company interests.
  • High school diploma or equivalent; equivalent relevant education and experience may be considered.
  • Associate or bachelor's degree in Accounting, Finance, or Business; distribution or manufacturing, advanced Excel, INFOR, credit-reporting tools, or professional credit certification experience is preferred
  • Five or more years of business-to-business credit, collections, accounts receivable, or related experience with complex or high-value accounts.
  • Commercial credit, collections, aging, cash application, billing, deductions, ERP/accounting systems, and Microsoft Excel and Outlook.
  • Proactive judgment, analysis, negotiation, communication, accuracy, organization, and problem-solving; protects confidential information and resolves escalated issues independently.

Compensation and Benefits:

The estimated base pay for the position is typically between $28.85 - $33.66 (60-70k)

The actual base pay for the position may be influenced by factors such as education, training skills, qualifications, competencies, years of experience, job-related knowledge, and scope of the role, and could be outside of the posted pay range.

In addition to base pay, Yamazen Inc. provides a competitive compensation package including salary and semi-annual bonus opportunities. Employee benefits includeCOMPANY PAID medical, dental, vision, short- & long-term disability and life insurance within the first 60 days, 401K with company match, and more!

Time off:Vacation / Personal sick days / Company paid holidays

Misc: Flexible work hours, Bi-weekly catered lunches, New car discount program, Employee Assistance Program.

No phone calls please.

Yamazen is an equal opportunity employment company. All applicants are considered regardless of age, race, sex, color, national origin, religion, marital or veteran status, sexual orientation or any other protected status.