Sr Collections Analyst information
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$14.42 - $16.70
6% of jobs
$18.29 is the 25th percentile. Wages below this are outliers.
$16.70 - $18.97
27% of jobs
$18.97 - $21.24
14% of jobs
The median wage is $21.86 / hr.
$21.24 - $23.51
12% of jobs
$23.51 - $25.79
16% of jobs
$25.87 is the 75th percentile. Wages above this are outliers.
$25.79 - $28.06
15% of jobs
$28.06 - $30.33
6% of jobs
$30.33 - $32.60
1% of jobs
$32.60 - $34.88
1% of jobs
$34.88 - $37.15
1% of jobs
$37.15 - $39.42
1% of jobs
How much do sr collections analyst jobs pay per hour?
As of Sep 2, 2026, the average hourly pay for sr collections analyst in the United States is $23.36, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $26.20 per hour, depending on experience, location, and employer.
A Sr Collections Analyst is a senior-level professional responsible for managing and improving an organization’s accounts receivable processes. They analyze outstanding debts, communicate with clients to resolve payment issues, and develop strategies to minimize financial risk and improve cash flow. In addition to overseeing collection activities, they often mentor junior analysts and collaborate with finance and legal teams to ensure compliance with company policies and relevant regulations.
Sr Collections Analysts often encounter challenges such as managing a high volume of delinquent accounts, negotiating payment plans with difficult clients, and ensuring compliance with relevant regulations. Successfully navigating these challenges requires strong communication skills, attention to detail, and the ability to prioritize tasks efficiently. Building collaborative relationships with sales, legal, and customer service teams is also key, as it helps resolve disputes and improve overall collection rates. Continuous learning about industry regulations and leveraging technology tools can further enhance effectiveness in this role.
To thrive as a Sr Collections Analyst, you need strong analytical skills, knowledge of credit and collections processes, and typically a bachelor’s degree in finance, accounting, or a related field. Proficiency with ERP systems like SAP or Oracle, as well as familiarity with collections software and Excel, is usually required. Excellent communication, negotiation, and problem-solving skills help build relationships with clients and resolve outstanding accounts. These skills are crucial for minimizing financial risk, improving cash flow, and supporting the organization’s overall financial health.
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