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Billing analyst vs account payables analyst

The differences between billing analysts and account payables analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a billing analyst, becoming an account payables analyst takes usually requires 4-6 years. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $51,544 average annual salary of a billing analyst.

The top three skills for a billing analyst include customer service, patients and billing issues. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.

Billing analyst vs account payables analyst overview

Billing AnalystAccount Payables Analyst
Yearly salary$51,544$54,356
Hourly rate$24.78$26.13
Growth rate-3%-5%
Number of jobs30,56673,985
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 63%
Average age4651
Years of experience26

What does a billing analyst do?

A billing analyst is responsible for supporting the operations of an accounting department, evaluating and issuing invoices, and analyzing the financial transactions of the company. Billing analysts assist with creating financial statements and reports, managing billing discrepancies, updating recent account statements on the company's database, and checking the accuracy of balance sheets. A billing analyst must have excellent analytical skills, as well as the knowledge of the accounting principles, performing account reconciliations, processing receivables, and tracking clients' billing statements.

What does an account payables analyst do?

An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.

Billing analyst vs account payables analyst salary

Billing analysts and account payables analysts have different pay scales, as shown below.

Billing AnalystAccount Payables Analyst
Average salary$51,544$54,356
Salary rangeBetween $35,000 And $73,000Between $39,000 And $74,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateAlaskaNew York
Best paying companyMetaSMTC
Best paying industryFinanceEnergy

Differences between billing analyst and account payables analyst education

There are a few differences between a billing analyst and an account payables analyst in terms of educational background:

Billing AnalystAccount Payables Analyst
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 63%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Billing analyst vs account payables analyst demographics

Here are the differences between billing analysts' and account payables analysts' demographics:

Billing AnalystAccount Payables Analyst
Average age4651
Gender ratioMale, 29.7% Female, 70.3%Male, 26.3% Female, 73.7%
Race ratioBlack or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.3% White, 57.7% American Indian and Alaska Native, 0.9%Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between billing analyst and account payables analyst duties and responsibilities

Billing analyst example 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.
  • Produce month-end reports from IDX for executive staff.
  • Prepare provisional invoices for billing after provisional rates are receive from DCAA.
  • Show more

Account payables analyst example responsibilities.

  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Perform month end close activities such as account reconciliations and journal entries resulting in accurate financial statement reporting.
  • Perform validation in ERP to ensure invoices not already paid.
  • Maintain fixed assets in ERP system to report the correct depreciation monthly.
  • Request current vendors to switch payment type from check to ACH and enroll in e-Invoicing for faster and more efficient processing.
  • Coordinate ACH implementation/conversion to electronic payment system.
  • Show more

Billing analyst vs account payables analyst skills

Common billing analyst skills
  • Customer Service, 16%
  • Patients, 7%
  • Billing Issues, 6%
  • Strong Analytical, 5%
  • Billing System, 5%
  • Data Entry, 4%
Common account payables analyst skills
  • Customer Service, 11%
  • Data Entry, 6%
  • Purchase Orders, 5%
  • Reconciliations, 5%
  • Vendor Invoices, 5%
  • Expense Reports, 4%

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