Billing Supervisor Salary
Billing Supervisors in the United States pull down an average of $50K annually. Location is the biggest factor affecting pay for this group, followed by years of experience. Medical benefits are awarded to most, and a majority earn dental coverage. The majority of workers are highly satisfied with their job. Women account for the majority of Billing Supervisors who took the survey — 89 percent to be exact.
Job Description for Billing Supervisor
A billing supervisor is in charge of accounting functions related to billing clients. They manage the billing specialists who comprise their staff; as a supervisor, these professionals are ultimately responsible for transactions - and errors - made by their employees. While they often do not do billing themselves, billing supervisors are responsible for ensuring that their employees work effectively and efficiently, meeting all deadlines. They are also in charge of maintaining high employee morale, helping maintain a professional environment, and building a departmental reputation for accuracy and efficiency.Read More...
The billing supervisor must maintain working relationship with all clients involved in the billing process, which includes ensuring all billing notices are sent on time and payments are received on time. They are also responsible for ensuring that sent and received bills are accurate. The billing supervisor is responsible for training all new staff, as well as ensuring existing employees have continuing education and training as needed. They may also be involved in the hiring process, interviewing prospective employees and helping make hiring decisions.
A bachelor's degree in accounting or a related field is generally required for this position. Previous experience in billing is also required, and managerial experience is generally preferred. The billing supervisor must be an excellent communicator, both verbally and in written form.
Billing Supervisor Tasks
- Review, evaluate, and resolve billing process issues and revenue collections.
- Maintain preparation of statements and bills, resolve discrepancies in accounting records.
- Ensure compliance with company polices and procedures, as well as state and federal regulations.
- Supervise the day to day billing operations activities, and assist in hiring, training, and reviewing performance of staff.
Billing Supervisor Job Listings
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Popular Skills for Billing Supervisor
Survey results imply that Billing Supervisors deploy a substantial tool kit of skills at work. Most notably, skills in Collections, People Management, Operations Management, and Billing are correlated to pay that is above average. At the other end of the pay range are skills like Insurance, Medical Coding, and Medicaid & Medicare Billing. Those familiar with Billing tend to be well versed in Microsoft Excel and Insurance. Most people familiar with Accounts Receivable also know Insurance and Microsoft Excel.
Pay by Experience Level for Billing Supervisor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Billing Supervisors, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. The average beginner in this position makes around $43K, but folks who have been around for five to 10 years see a markedly higher median salary of $47K. For Billing Supervisors, 10 to 20 years of experience on the job amounts to an average salary of $50K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $51K.
Pay Difference by Location
With a pay rate for Billing Supervisors that is 32 percent greater than the national average, Los Angeles offers a comfortable salary for those in this profession. Billing Supervisors can also look forward to large paychecks in cities like New York (+29 percent), Santa Ana (+25 percent), Chicago (+19 percent), and Atlanta (+16 percent). Trailing the national average by 6 percent, Fort Lauderdale is the market with the smallest paychecks.