Billing Analyst Salary

Median pay for Billing Analysts in the United States comes out to approximately $47K annually, but employers in San Francisco pay the most, the average compensation in that city is around $65K. Billing Analysts can also look forward to large paychecks in cities like Chicago (+22 percent), Boston (+19 percent), Seattle (+19 percent), and New York (+18 percent). The data for this synopsis comes from respondents who took the PayScale salary survey.
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$34,884 - $63,327
(Median)
$35K
$47K
$63K
MEDIAN: $46,905
10%
50%
90%

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$13.13 - $24.74
(Median)
$13
$18
$25
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Salary
$34,884 - $63,327  
   
Bonus
$0.00 - $4,966  
Profit Sharing
$302.01 - $11,920  
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).
)
$31,007 - $61,782  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 451
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$13.13 - $24.74  
   
Hourly Tips
$1.88  
Overtime
$20.91 - $43.46  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$0.00 - $4,966  
   
Profit Sharing
$302.01 - $11,920  
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).
)
$31,007 - $61,782  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 330
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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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Billing Analysts often transition into Financial Analyst positions, for which compensation tends to be much higher. On average, Financial Analysts earn $55K per year.

Billing Analyst Job Listings

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Popular Employer Salaries for Billing Analyst


Verizon Communications, Inc. leads the field in terms of pay, with a median salary of $47K.

Popular Skills for Billing Analyst


Survey results suggest that Billing Analysts use a fairly large toolkit of professional skills. Most notably, facility with SQL, Accounting, and Data Analysis are correlated to pay that is significantly above average, leading to increases of 26 percent, 8 percent, and 5 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Data Entry. The majority of those 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.


Billing Analysts do not generally earn higher incomes from more experience in the field. The average worker who claims fewer than five years of experience earns around $41K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $46K. For Billing Analysts, 10 to 20 years of experience on the job amounts to an average salary of $50K. Billing Analysts who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $51K.

Pay Difference by Location

National Average: $43,653

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

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.

Related Job Salaries

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Experience Affects Billing Analyst Salaries




National Average
$44,000


Skills That Affect Billing Analyst Salaries

SQL
up arrow 26%

Accounting
up arrow 8%


Financial Analysis
up arrow 4%

Microsoft Excel
up arrow 3%

Billing
up arrow 2%

National Average
$44,000

Microsoft Office
up arrow 2%

Data Entry
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 127 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
6%
1-4 years
41%
5-9 years
24%
10-19 years
22%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 78%
medical benefits
Vision: 68%
dental benefits
None: 13%
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