What does a Billing Analyst do?

Billing analysts work for a company's accounting department. Through corresponding with clients, they are tasked with ensuring that the company clients are billed correctly, issuing invoices, and overseeing the company revenue intake. Billing analysts coordinate with other departments to ensure sales and orders are correctly billed. They set clients up for billing, issue invoices, and ensure that invoices correspond with their balance sheet reports. They analyze all department procedures and identify opportunities to improve the process.

Billing analysts verify with other departments when orders are fulfilled. They review sales sheets to ensure all sales have been properly billed and to reconcile invoices with balance sheet reports, seeking to resolve any discrepancies they may find. They communicate with clients and other departments and resolve issues. They also provide clarification when necessary. They ensure a client's billing and accounts are set up correctly. According to protocol and maintain updated records of accounts, and they need a degree in accounting, finance, or related fields and previous experience as a billing analyst or in a similar role.

What responsibilities are common for Billing Analyst jobs?
  • Perform and support business to business (B2B) corporate contract billing.
  • Ensure accurate and timely processing of all customer invoices.
  • Managed assigned payers to ensure all payment data is posted in a timely manner at month end close.
  • Process adjustments as requested by the departments and/or supervisors.
  • Analyze customer contracts and execute accurate setup of billing rules within billing system(s).
  • Perform a variety of analytical functions including the review and management of large data sets to ensure customer billing accuracy and comply with internal controls.
  • Lead and assist with continuous process improvement projects related to billing controls, quality and efficiency, and automation opportunities.
  • Research and resolve complex billing issues utilizing analytical and reporting tools as well as collaborate with cross functional peers.
  • Review contracts for relevant billing provisions and working with contract managers to understand necessary billing requirements.
  • Obtain necessary information and records for research and resolving accounts.
  • Utilize appropriate payer and departmental forms to generate refunds.
  • Reconcile any cost account differences between billing sub ledger and general ledger.
What are the typical qualifications for Billing Analyst jobs?
  • Hands-on experience using a variety of billing systems.
  • Requires careful attention to detail.
  • Strong problem solving, time management, and critical thinking skills.
Education--
Work/Life Balance
3.7 ★
Total Pay--
Career Opportunity
3.4 ★
Avg. Experience2-4 years

How much does a Billing Analyst make?

Confident
$55,184 /yr
Total Pay
$51,744
 /yr

Base Pay

+
$3,440
 /yr

Additional Pay

$55,184

 / yr
$41K$74K
Most Likely Range
Possible Range
See More Insights

Billing Analyst Career Path

Learn how to become a Billing Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Billing Analyst

Years of Experience Distribution

0 - 1
27%
2 - 4
55%
5 - 7
6%
8+
12%
Not including years spent in education and/or training

Billing Analyst Insights

Read what Billing Analyst professionals have to say about their job experiences and view top companies for this career.
Optum Global SolutionsOptum Global Solutions
Medical Billing Representative
Jul 12, 2022

“Everything is almost good only I can say cab facility can also be more better.”

ARC Parcel Service
Billing Analyst
Aug 1, 2021

“Good good good good good good good”

TenableTenable
Billing Analyst
Nov 7, 2022

“Some benefits are not the best but still good”

BTBT
Billing Analyst
Mar 1, 2022

“Good good good good good”

Intersection
Billing Analyst
May 26, 2021

“Made great friends and got to meet many awesome people”

Global Contact ServicesGlobal Contact Services
Billing Analyst
Oct 30, 2020

“doesn't pay so well and not great career progression opportunities”

RingCentralRingCentral
Junior Billing Analyst
Mar 4, 2022

“There is not a lot of opportunity for mentorship within the department for career development.”

ServsysServsys
Telecom Analyst
Jun 15, 2021

“Multiple career opportunities to learn and grow .”

See More

Billing Analyst Interviews

Frequently asked questions about the roles and responsibilities of a Billing Analyst

The most similar professions to Billing Analyst are:
  • Financial Analyst
  • Financial Manager
  • Finance Manager
  • Controller

Related Careers

Financial Analyst
$73,311
No skills overlap
Financial Manager
$94,775
No skills overlap
Finance Manager
$152,829
Controller
$150,490
No skills overlap

Billing Analyst Jobs