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The differences between billing associates and billing analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a billing associate and a billing analyst. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $34,612 average annual salary of a billing associate.
The top three skills for a billing associate include patients, customer service and data entry. The most important skills for a billing analyst are customer service, patients, and billing issues.
| Billing Associate | Billing Analyst | |
| Yearly salary | $34,612 | $51,544 |
| Hourly rate | $16.64 | $24.78 |
| Growth rate | -3% | -3% |
| Number of jobs | 23,835 | 30,566 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 59% |
| Average age | 46 | 46 |
| Years of experience | 2 | 2 |
A billing associate is responsible for processing payments and invoices for customers and ensuring accurate financial reports for auditing purposes. Billing associates utilize the business' accounting systems to monitor billing transactions and resolve account discrepancies accordingly. They also update customer records in the database, post payments timely, and escalate outstanding bills to the supervisor for resolution. A billing associate reaches out to the clients and customers for payment responsibility and respond to the inquiries and concerns they may have.
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.
Billing associates and billing analysts have different pay scales, as shown below.
| Billing Associate | Billing Analyst | |
| Average salary | $34,612 | $51,544 |
| Salary range | Between $27,000 And $42,000 | Between $35,000 And $73,000 |
| Highest paying City | Vancouver, WA | Washington, DC |
| Highest paying state | Washington | Alaska |
| Best paying company | Huron Consulting Group | Meta |
| Best paying industry | Technology | Finance |
There are a few differences between a billing associate and a billing analyst in terms of educational background:
| Billing Associate | Billing Analyst | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between billing associates' and billing analysts' demographics:
| Billing Associate | Billing Analyst | |
| Average age | 46 | 46 |
| Gender ratio | Male, 20.6% Female, 79.4% | Male, 29.7% Female, 70.3% |
| Race ratio | Black or African American, 10.7% Unknown, 4.4% Hispanic or Latino, 18.5% Asian, 7.6% White, 58.0% American Indian and Alaska Native, 0.9% | 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% |
| LGBT Percentage | 7% | 7% |