Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between billing analysts and account specialists 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 specialist takes usually requires 6-12 months. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $42,586 average annual salary of an account specialist.
The top three skills for a billing analyst include customer service, patients and billing issues. The most important skills for an account specialist are customer service, patients, and account management.
| Billing Analyst | Account Specialist | |
| Yearly salary | $51,544 | $42,586 |
| Hourly rate | $24.78 | $20.47 |
| Growth rate | -3% | -8% |
| Number of jobs | 30,566 | 116,010 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 54% |
| Average age | 46 | 46 |
| Years of experience | 2 | 12 |
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.
An account specialist is responsible for reaching out to customers or potential clients through calls, emails, and other forms of correspondence to secure sales and strengthen business relations. An account specialist may also perform other tasks such as arranging appointment schedules with clients, providing price quotes and responding to further inquiries, process orders, generating sales leads, and handling complaints and resolving issues. Furthermore, an account specialist may also be involved in developing strategies, finding new opportunities, producing and completing necessary documents, and preparing reports, all in adherence to the company's policies and regulations.
Billing analysts and account specialists have different pay scales, as shown below.
| Billing Analyst | Account Specialist | |
| Average salary | $51,544 | $42,586 |
| Salary range | Between $35,000 And $73,000 | Between $28,000 And $62,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Alaska | Virginia |
| Best paying company | Meta | Microsoft |
| Best paying industry | Finance | Finance |
There are a few differences between a billing analyst and an account specialist in terms of educational background:
| Billing Analyst | Account Specialist | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between billing analysts' and account specialists' demographics:
| Billing Analyst | Account Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 29.7% Female, 70.3% | Male, 32.2% Female, 67.8% |
| Race ratio | Black 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, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 8% |