How To Become A Billing Analyst: What It Is and Career Path

What is a billing analyst and how to become one

Updated January 8, 2025

4 min read

A billing analyst works in the finance department to analyze and process invoices. They ensure accurate and on time billing for customers and correct data for a companyâ€™s internal accounting systems. Billing analysts may also resolve customer billing issues, communicate about payments, and reconcile accounts. They work with the finance team, as well as sales and customer service departments. The role requires strong analytical skills, attention to detail, and knowledge of accounting software.

ScoreBilling AnalystUS Average

Salary

4.0

Avg. Salary $51,544

Avg. Salary $59,228

Stability level

6.2

Growth rate -3%

Growth rate 0.3%

Diversity

6.3

Race

American Indian and Alaska Native 0.87%

Asian 7.34%

Black or African American 11.31%

Hispanic or Latino 18.44%

Unknown 4.35%

White 57.70%

Gender

female 70.26%

male 29.74%

Age - 47

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 47

Stress level

6.2

Stress level is manageable

7.1 - high

Complexity level

7.5

Complexity level is challenging

7 - challenging

Work life balance

8.6

Work life balance is excellent

6.4 - fair

What are the pros and cons of being a billing analyst?

Pros

Good salary and benefits package
Job stability and security
Flexible working hours and remote work options
Challenging and engaging work environment
High demand for billing analysts in the job market

Cons

Repetitive nature of the job can be tedious
Pressure to meet tight deadlines
Risk of errors that can result in financial losses for the company
Heavy reliance on technology can be frustrating at times
Sitting for extended periods can lead to health issues

Key steps to become a billing analyst

Explore billing analyst education requirements

Most common billing analyst degrees

Bachelor's

58.8 %

Associate

19.9 %

Master's

7.5 %

Start to develop specific billing analyst skills

Skills	Percentages
Customer Service	15.50%
Patients	6.60%
Billing Issues	6.09%
Strong Analytical	4.91%
Billing System	4.80%

Complete relevant billing analyst training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New billing analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a billing analyst based on U.S. Bureau of Labor Statistics data and data from real billing analyst resumes.

Gain additional billing analyst certifications

Billing analyst certifications can show employers you have a baseline of knowledge expected for the position. Certifications can also make you a more competitive candidate. Even if employers don't require a specific billing analyst certification, having one may help you stand out relative to other applicants.

The most common certifications for billing analysts include Certified Billing and Coding Specialist (CBCS) and Certified Management Accountant (CMA).

More About Certifications

Research billing analyst duties and responsibilities

Set up, manage, and terminate ACH accounts.
Manage multiple contracts including timely and accurate billing of monthly invoices, payment notifications, and reconciliations.
Use of the CMS website to determine the correct LCDs or NCDs for Medicare claims.
Master sales, events, and reservations systems.

Prepare your billing analyst resume

When your background is strong enough, you can start writing your billing analyst resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a billing analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable billing analyst resume templates

Build a professional billing analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your billing analyst resume.