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Credit And Collections Associate Jobs in Chicago, IL

AAR

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 ...

Optimas

Accounts Receivable Analyst

Wood Dale, IL · On-site

$85.41/hr

Associate's degree in Accounting, Finance or equivalent experience * Minimum of 4 years of accounts ... Experience in credit, collections, and accounts receivable Equal Opportunity Employer Optimas OE ...

AAR Corp

Credit Analyst

Wood Dale, IL · On-site

$65 - $85/hr

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 ...

Optimas Solutions

Accounts Receivable Analyst

Wood Dale, IL · On-site

$30 - $35/hr

Associate's degree in Accounting, Finance or equivalent experience * Minimum of 4 years of accounts ... Experience in credit, collections, and accounts receivable To Staffing and Recruiting Agencies: We ...

Optimas Solutions

Accounts Receivable Analyst

Wood Dale, IL · On-site

$30 - $35/hr

Associate's degree in Accounting, Finance or equivalent experience * Minimum of 4 years of accounts ... Experience in credit, collections, and accounts receivable To Staffing and Recruiting Agencies: We ...

Optimas Solutions

Accounts Receivable Analyst

Wood Dale, IL · On-site

$30 - $35/hr

Associate's degree in Accounting, Finance or equivalent experience * Minimum of 4 years of accounts ... Experience in credit, collections, and accounts receivable To Staffing and Recruiting Agencies: We ...

Snap-on Inc

Associate Account Manager

Libertyville, IL · On-site

$45K - $47K/yr

Position Summary : Entry level position in which the primary responsibility is collections of early stage delinquent accounts in the Extended Credit portfolio within a regional business unit.

Snap-on Inc

Associate Account Manager

Libertyville, IL · On-site

$45K - $47K/yr

Position Summary : Entry level position in which the primary responsibility is collections of early stage delinquent accounts in the Extended Credit portfolio within a regional business unit.

Snap-on Inc

Associate Account Manager

Libertyville, IL · On-site

$45K - $47K/yr

Position Summary : Entry level position in which the primary responsibility is collections of early stage delinquent accounts in the Extended Credit portfolio within a regional business unit.

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All JobsCredit And Collections Associate JobsCredit And Collections Associate Jobs in Chicago, IL

Credit And Collections Associate information

See Chicago, IL salary details

$19

$24

$27

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

As of Sep 6, 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:

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:

Credit And Collections Associate jobs near you
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.

Credit Analyst

AAR

Wood Dale, IL • On-site

$65K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago

Key responsibilities

  • Evaluate clients on credit hold for credit release.

  • Perform financial analysis to make credit decisions, establish credit limits, and monitor accounts for timely payments.

  • Produce reports, analyze account reconciliations, and identify opportunities for process improvement.

AAR Corp rating

7.8

Company rating: 7.8 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

23rd of 67 rated aviation services

Job description

Description
Analyzes credit data to estimate the degree of risk involved in extending credit and responsible for facilitating the collection of customer receivable balances owed to AAR
What you will be responsible for:
  • Evaluate clients on credit hold for credit release.
  • Responsible for financial analysis to make prudent business and credit decisions. Evaluate accounts, establish payment plans, and maintain proper follow-up (timely, professional customer communication and system documentation of actions taken).
  • Establish credit limits.
  • Maximize collections and maintain customer relations.
  • Monitor accounts to ensure timely payments.
  • Produce spreadsheet reports on a daily and monthly basis.
  • Analyze account reconciliations.
  • Identifying areas of opportunity for process improvement.
  • All other duties as assigned.

Qualifications
What you need to be successful in this role:
  • Computer literate - Excel and Word
  • Strong technical, analytical, problem solving and communication skills.
  • Associate degree (A.A.) or equivalent from two-year college or technical school; or four years related experience and/or training; or equivalent combination of education and experience.
  • Must have 4 years of experience in a credit related role.
  • Understand basic accounting principles and general ledger.

The rewards of your career at AAR go far beyond just your salary:
• Competitive salary and bonus package
• Comprehensive benefits package including medical, dental, and vision coverage.
• 401(k) retirement plan with company match
• Generous paid time off program
• Professional development and career advancement opportunitie
Physical Demands/Work Environment:
The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee may be regularly required to sit, stand, bend, reach and move about the facility.
• The environmental characteristic for this position is an office setting.
• Candidates should be able to adapt to a traditional business environment.
AAR provides accommodation in accordance with applicable laws through all stages of the hiring process. If you require accommodation for any part of the application and/or hiring process, please advise Human Resources.
Compensation:
The anticipated salary range for this position is $65,000 to $85,000 annually. This range reflects the base salary for candidates who meet the requirements of the role, including experience, education, and location. [In addition to base pay, this role is eligible for a bonus.] AAR offers a competitive benefits package, including medical/dental/vision/life/and AD&D insurance, 401(k) savings plan with employer match, paid time off and holiday pay, as well as opportunities for professional development and growth.
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