Billing analyst vs accounts receivable specialist

The differences between billing analysts and accounts receivable 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 accounts receivable specialist takes usually requires 6-12 months. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $39,873 average annual salary of an accounts receivable specialist.

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

Billing analyst vs accounts receivable specialist overview

	Billing Analyst	Accounts Receivable Specialist
Yearly salary	$51,544	$39,873
Hourly rate	$24.78	$19.17
Growth rate	-3%	-8%
Number of jobs	30,566	61,988
Job satisfaction	-	4.5
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 45%
Average age	46	46
Years of experience	2	12

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 specialist do?

Accounts receivable specialists are members of the organization's finance or accounting department. They are responsible for managing the collection of payments for the company. They prepare official receipts and coordinate with account payable specialists from other companies with pending payables. They ensure that clients pay on time, and they also follow up on payments when necessary. They are responsible for checking whether the clients have already paid in full. Accounts receivable specialists are in charge of updating accounting records as well to ensure that client records are up to date.

Billing analyst vs accounts receivable specialist salary

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

	Billing Analyst	Accounts Receivable Specialist
Average salary	$51,544	$39,873
Salary range	Between $35,000 And $73,000	Between $31,000 And $50,000
Highest paying City	Washington, DC	Washington, DC
Highest paying state	Alaska	Connecticut
Best paying company	Meta	InfosysPublicService
Best paying industry	Finance	Technology

Differences between billing analyst and accounts receivable specialist education

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

	Billing Analyst	Accounts Receivable Specialist
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 45%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Billing analyst vs accounts receivable specialist demographics

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

	Billing Analyst	Accounts Receivable Specialist
Average age	46	46
Gender ratio	Male, 29.7% Female, 70.3%	Male, 18.2% Female, 81.8%
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, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	8%

Differences between billing analyst and accounts receivable specialist 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.

Accounts receivable specialist example responsibilities.

Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Perform accounts reconciliations, complex invoice research, statement reconciliations, complex invoice research, statement reconciliation and journal entries.
Follow company's standard operating procedures in cooperation with Medicare, Medicaid and private insurance providers to resolve billing issues.
Cash and credit allocation of customer payments in ROSS ERP system.
Prepare PowerPoint presentations, word documents, letters and spreadsheets while meeting deadlines.
Reconcile direct billing accounts and adjust product pricing utilizing JD Edwards EnterpriseONE ERP system.

Billing analyst vs accounts receivable specialist 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 specialist skills

Customer Service, 15%
Patients, 9%
Data Entry, 5%
Credit Card Payments, 4%
Reconciliations, 4%
Accounts Receivables, 3%

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Billing Analyst
Billing Analyst vs Accounts Receivable Specialist

Updated January 8, 2025

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