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Billing analyst vs accounts receivable analyst

The differences between billing analysts and accounts receivable 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 accounts receivable analyst takes usually requires 6-12 months. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $43,692 average annual salary of an accounts receivable analyst.

The top three skills for a billing analyst include customer service, patients and billing issues. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Billing analyst vs accounts receivable analyst overview

Billing AnalystAccounts Receivable Analyst
Yearly salary$51,544$43,692
Hourly rate$24.78$21.01
Growth rate-3%-8%
Number of jobs30,56626,558
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 61%
Average age4646
Years of experience212

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 accounts receivable analyst do?

An Accounts Receivable Analyst provides accounts receivable support through monitoring all aspects of the collection of outstanding debts owed to a company. They check missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers.

Billing analyst vs accounts receivable analyst salary

Billing analysts and accounts receivable analysts have different pay scales, as shown below.

Billing AnalystAccounts Receivable Analyst
Average salary$51,544$43,692
Salary rangeBetween $35,000 And $73,000Between $33,000 And $57,000
Highest paying CityWashington, DCArlington, VA
Highest paying stateAlaskaConnecticut
Best paying companyMetaPacific Investment Management Company LLC
Best paying industryFinanceHospitality

Differences between billing analyst and accounts receivable analyst education

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

Billing AnalystAccounts Receivable Analyst
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Billing analyst vs accounts receivable analyst demographics

Here are the differences between billing analysts' and accounts receivable analysts' demographics:

Billing AnalystAccounts Receivable Analyst
Average age4646
Gender ratioMale, 29.7% Female, 70.3%Male, 29.4% Female, 70.6%
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, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between billing analyst and accounts receivable 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

Accounts receivable analyst example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
  • Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
  • Verify benefits and eligibility for new patients.
  • Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
  • Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.
  • Show more

Billing analyst vs accounts receivable analyst skills

Common billing analyst skills
  • Customer Service, 16%
  • Patients, 7%
  • Billing Issues, 6%
  • Strong Analytical, 5%
  • Billing System, 5%
  • Data Entry, 4%
Common accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%

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