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Billing Analyst Salary (United States)

A typical Billing Analyst in the United States can expect to take home roughly $45K per year. Geography and experience level each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to the greater part, and a fair portion earn dental coverage. Work is enjoyable for Billing Analysts, who typically claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
Billing Analyst Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$31,669 - $62,393
(Median)
32K
39K
45K
54K
62K
MEDIAN: $45,183
10%
25%
50%
75%
90%
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Billing Analyst Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.18 - $24.30
(Median)
12
15
18
20
24
MEDIAN: $17.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$21K$42K$63K
Salary
$31,669 - $62,393  
   
Bonus
$0.00 - $4,169  
Profit Sharing
$972 - $4,578  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,926 - $60,761  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 306
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15$30$45
Hourly Rate
$12.18 - $24.30  
   
Overtime
$19.65 - $43.73  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Bonus
$0.00 - $4,169  
   
Profit Sharing
$972 - $4,578  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,926 - $60,761  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 218
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Job Description for Billing Analyst

Billing analysts work in accounting offices, ensuring that invoices and other financial documents are processed appropriately. The billing analyst holds an entry-level accounting position in most employers’ accounting offices. Billing analysts write invoices, get approval for billing, calculate fees that are due, and generally track the accuracy of all billing and invoicing records. This requires extracting financial information from incoming and outgoing billing documents for entry in record-keeping software.
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Billing Analyst Tasks
  • Keep updated records of financial transactions and customer account status.
  • Review billing reports to ensure accuracy and resolve any errors.
  • Calculate the amount customers owe the company and prepare billing statements.
  • Generate financial and billing reports according to company guidelines.

Common Career Paths for Billing Analyst

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Though some Billing Analysts move into positions like Financial Analyst (where the average salary is $53K), this progression is not the norm.

Billing Analyst Job Listings

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Popular Skills for Billing Analyst

Billing Analysts generally report applying a varied skill set to their work. Most notably, skills in Financial Analysis, Data Analysis, Billing, and Microsoft Excel are correlated to pay that is above average, with boosts of 8 percent, 8 percent, 6 percent, and 6 percent, respectively. Skills that seem to negatively impact pay include Data Entry. Most people who know Billing also know Data Analysis.

Pay by Experience Level for Billing Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Salaries for the relatively untried average out to around $40K, but survey participants with five to 10 years of experience earn a significantly higher median of $46K. The average pay reported by folks with 10 to 20 years of experience is around $49K. Survey participants with more than twenty years of experience only make around $48K on average, though; this group reports a lower median than the one claimed by mid-career individuals. Age distribution in this workforce is concentrated between one and nine years of experience; most of respondents fall in this range. Experienced employees who have 10-20 years of experience make up slightly less than one-fifth of the workforce; inexperienced individuals who have been working for less than one year comprise fewer than one in twenty, and senior people with more than 20 years under their belt fill out the remaining less than five percent.

Pay Difference By Location

up arrow 26%
up arrow 18%
Seattle
up arrow 18%
up arrow 13%
Dallas
up arrow 9%
San Diego
up arrow 6%
National Average
$43,000
Denver
up arrow 1%
up arrow 4%
Alpharetta
up arrow 6%
Larger circles over a city indicate a job is popular in that location.
For Billing Analysts, working in the bustling city of New York has its advantages, including an above-average pay rate. Billing Analysts will also find cushy salaries in Houston (+18 percent), Seattle (+18 percent), Chicago (+13 percent), and Dallas (+9 percent). Trailing the national average by 6 percent, Alpharetta is the market with the smallest paychecks. Employers in Tulsa and Denver also lean toward paying below-median salaries (4 percent lower and 1 percent lower, respectively).

Billing Analyst Reviews

What is it like working as a Billing Analyst?
Billing Analyst in Denver:
Pros: I enjoy the quiet focus I can assume while analyzing figures and reconciling invoices. It is satisfying to know that there is very little to know gray area in my position. Either the numbers fit or they don't.
Cons: I do not like having limited access to other systems that would enable me to resolve issues on my own. At my current assignment I must coordinate with other departments to relabel or adjust a figure, which can mean that I'll have to wait a few days for something I could do in a few minutes.

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Experience Affects Billing Analyst Salaries

National Average
$43,000

Skills That Affect Billing Analyst Salaries

up arrow 6%
National Average
$43,000
Data Entry
up arrow 14%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 114 votes.

Gender

Female
70%
female alumni
 
Male
30%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
44%
5-9 years
27%
10-19 years
19%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 76%
vision benefits Vision: 63% employee benefits None: 14%