Billing associates process payments and invoices for customers and ensure all financial reports are documented accurately and prepared for auditing purposes. As a billing associate, you are responsible for reaching out to clients about outstanding payments, responding to their queries, keeping track of all payments, and preparing monthly billing reports. Also, you have to assist the accounting team with preparing financial reports, managing account balances, and resolving inconsistencies. You are also in charge of updating account reports with issued invoices, processed payments, new balances, customer contact information, and all other necessary information.
You need math skills, organization skills, communication skills, time management skills, attention to detail, the ability to work under pressure, and relevant knowledge of accounting standards and legal regulations for this role. You should also have a degree in business, accounting, or a related course. As a billing associate, you will earn an average of $34,154 per year.
There is more than meets the eye when it comes to being a Billing Associate. For example, did you know that they make an average of $17.14 an hour? That's $35,647 a year!
Between 2018 and 2028, the career is expected to grow 5% and produce 72,100 job opportunities across the U.S.
There are certain skills that many Billing Associates have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Communication skills, Math skills and Organizational skills.
If you're interested in becoming a Billing Associate, one of the first things to consider is how much education you need. We've determined that 42.9% of Billing Associates have a bachelor's degree. In terms of higher education levels, we found that 4.8% of Billing Associates have master's degrees. Even though some Billing Associates have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Billing Associate. When we researched the most common majors for a Billing Associate, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Billing Associate resumes include High School Diploma degrees or Diploma degrees.
You may find that experience in other jobs will help you become a Billing Associate. In fact, many Billing Associate jobs require experience in a role such as Customer Service Representative. Meanwhile, many Billing Associates also have previous career experience in roles such as Administrative Assistant or Sales Associate.