Billing Analyst Salary

Median pay for Billing Analysts in the United States comes out to approximately $48K annually, but employers in Washington pay the most, the average compensation in that city is around $60K. Billing Analysts can also look forward to large paychecks in cities like New York (+36 percent), San Diego (+28 percent), Chicago (+21 percent), and Seattle (+19 percent). The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$36,250 - $63,964
$36K
$48K
$64K
MEDIAN: $47,743
10%
50%
90%

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$13.29 - $25.14
$13
$18
$25
MEDIAN: $18.02
10%
50%
90%

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$0$63K
Salary $36,250 - $63,964
Bonus $975 - $5,585
Profit Sharing $2,300
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).
)
$32,231 - $63,117
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 344
Hourly Data $0$42
Hourly Rate $13.29 - $25.14
Overtime $20.93 - $42.77
Annual Data $0$63K
Bonus $975 - $5,585
Profit Sharing $2,300
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).
)
$32,231 - $63,117
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 243

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • Calculate the amount customers owe the company and prepare billing statements.
  • Generate financial and billing reports according to company guidelines.
  • Keep updated records of financial transactions and customer account status.
  • Review billing reports to ensure accuracy and resolve any errors.

Common Career Paths for Billing Analyst


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Billing Analysts often transition into Financial Analyst positions, for which compensation tends to be much higher. On average, Financial Analysts earn $55K per year. The most common career progression for Billing Analysts leads to becoming a Billing Manager, where average pay is $46K annually. However, many Billing Analysts also opt to become Billing Supervisors. Typically, a Billing Supervisor brings home $42K.

Billing Analyst Job Listings

Popular Employer Salaries for Billing Analyst


For Billing Analysts, comfortable salaries can be found at Verizon Communications, Inc.; in fact, median earnings sit around $47K, the highest in the area.

Popular Skills for Billing Analyst


Survey results suggest that Billing Analysts put a wide range of professional skills to use. Most notably, skills in SQL, Financial Analysis, Data Analysis, and Microsoft Excel are correlated to pay that is above average, with boosts between 3 percent and 20 percent. Skills that are correlated to lower pay, on the other hand, include Accounting, Data Entry, and Microsoft Office. Most people experienced in Billing also know Data Analysis.

Pay by Experience Level for Billing Analyst

Pay by Experience for a Billing Analyst has a positive trend. An entry-level Billing Analyst with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 316 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Billing Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $49,000 based on 152 salaries. An experienced Billing Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $51,000 based on 159 salaries. A Billing Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $51,000 based on 52 salaries.

Pay Difference by Location

National Average: $44,276

Larger city markers indicate a job is popular in that location.

Billing Analyst Reviews

Q: What is it like working as a Billing Analyst?

Billing Analyst in Greenville:
"Summary."
Pros: I like analysis and working with systems in order to achieve maximum efficiency.
Cons: Not being able to work from home more often.

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.

Related Job Salaries

Key Stats for Billing Analyst

Gender

Female
72 %
Male
28 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.
Less than 1 year
6%
1-4 years
45%
5-9 years
18%
10-19 years
23%
20 years or more
8%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Billing Analyst Salaries

▲14%

▲14%

▲10%

National Average
$44,000

▼7%

Skills That Affect Billing Analyst Salaries

SQL
▲20%




Billing
▼0%

National Average
$44,000

Microsoft Office
▼12%

Data Entry
▼18%

Accounting
▼18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
6%
1-4 years
45%
5-9 years
18%
10-19 years
23%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 80%
vision benefits
Vision: 76%
no benefits
None: 11%
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