Post job

Billing analyst vs accounts receivable clerk

The differences between billing analysts and accounts receivable clerks 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 clerk takes usually requires 4-6 years. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

The top three skills for a billing analyst include customer service, patients and billing issues. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.

Billing analyst vs accounts receivable clerk overview

Billing AnalystAccounts Receivable Clerk
Yearly salary$51,544$36,425
Hourly rate$24.78$17.51
Growth rate-3%-5%
Number of jobs30,56687,935
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 36%
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 accounts receivable clerk do?

An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.

Billing analyst vs accounts receivable clerk salary

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

Billing AnalystAccounts Receivable Clerk
Average salary$51,544$36,425
Salary rangeBetween $35,000 And $73,000Between $29,000 And $45,000
Highest paying CityWashington, DCBoston, MA
Highest paying stateAlaskaMassachusetts
Best paying companyMetaIBM
Best paying industryFinanceFinance

Differences between billing analyst and accounts receivable clerk education

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

Billing AnalystAccounts Receivable Clerk
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 36%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Billing analyst vs accounts receivable clerk demographics

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

Billing AnalystAccounts Receivable Clerk
Average age4651
Gender ratioMale, 29.7% Female, 70.3%Male, 13.7% Female, 86.3%
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, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between billing analyst and accounts receivable clerk 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 clerk example responsibilities.

  • Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
  • Utilize QuickBooks accounting software for billing/invoices, generate statements.
  • Perform necessary adjustments using knowledge of Medicare and all third party insurance.
  • Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.
  • Show more

Billing analyst vs accounts receivable clerk 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 clerk skills
  • Customer Service, 12%
  • Data Entry, 9%
  • Collection Calls, 8%
  • Financial Data, 7%
  • Credit Card Payments, 5%
  • Process Payments, 5%

Browse office and administrative jobs