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Billing associate hiring summary. Here are some key points about hiring billing associates in the United States:
Here's a step-by-step billing associate hiring guide:
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.
Before you post your billing associate job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a billing associate for hire on a part-time basis or as a contractor.
A billing associate's background is also an important factor in determining whether they'll be a good fit for the position. For example, billing associates from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of billing associates and their corresponding salaries.
| Type of Billing Associate | Description | Hourly rate |
|---|---|---|
| Billing Associate | Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions. | $12-20 |
| Accounts Payable Clerk | An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions... Show more | $14-23 |
| Accountable Clerk | The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget... Show more | $13-23 |
Including a salary range in the billing associate job description is a good way to get more applicants. A billing associate salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a billing associate in Louisiana may be lower than in Washington, and an entry-level engineer typically earns less than a senior-level billing associate. Additionally, a billing associate with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $47,321 | $23 |
| 2 | District of Columbia | $46,923 | $23 |
| 3 | California | $41,353 | $20 |
| 4 | Maryland | $40,830 | $20 |
| 5 | Massachusetts | $40,639 | $20 |
| 6 | New York | $40,301 | $19 |
| 7 | Oregon | $38,731 | $19 |
| 8 | Connecticut | $36,816 | $18 |
| 9 | Arizona | $36,674 | $18 |
| 10 | Illinois | $36,150 | $17 |
| 11 | Texas | $35,358 | $17 |
| 12 | Colorado | $34,915 | $17 |
| 13 | Pennsylvania | $34,673 | $17 |
| 14 | Minnesota | $34,522 | $17 |
| 15 | Ohio | $34,129 | $16 |
| 16 | Wisconsin | $33,885 | $16 |
| 17 | Kansas | $33,212 | $16 |
| 18 | North Carolina | $32,713 | $16 |
| 19 | Georgia | $32,376 | $16 |
| 20 | Nebraska | $31,837 | $15 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Huron Consulting Group | $41,910 | $20.15 | 12 |
| 2 | University Settlement | $41,717 | $20.06 | |
| 3 | HNTB | $41,120 | $19.77 | 2 |
| 4 | Flatiron School | $40,163 | $19.31 | |
| 5 | J.P. Morgan | $40,110 | $19.28 | |
| 6 | Black & Veatch | $39,646 | $19.06 | |
| 7 | MasTec | $39,361 | $18.92 | 3 |
| 8 | Veracyte | $39,343 | $18.91 | |
| 9 | SiteOne Landscape Supply | $39,119 | $18.81 | 1 |
| 10 | Hunter | $38,242 | $18.39 | |
| 11 | Erickson Senior Living | $38,191 | $18.36 | |
| 12 | GBS | $38,141 | $18.34 | |
| 13 | Path Medical | $38,040 | $18.29 | |
| 14 | PPL | $37,911 | $18.23 | |
| 15 | Kinney Drugs | $37,529 | $18.04 | 17 |
| 16 | EMC Insurance | $37,486 | $18.02 | 1 |
| 17 | JP Enterprises | $37,286 | $17.93 | |
| 18 | National Financial Network | $37,193 | $17.88 | |
| 19 | National Mobile X-Ray | $37,191 | $17.88 | |
| 20 | Vestwell | $37,184 | $17.88 | 1 |
A job description for a billing associate role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a billing associate job description:
There are various strategies that you can use to find the right billing associate for your business:
Recruiting billing associates requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best billing associate candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Hiring a billing associate comes with both the one-time cost per hire and ongoing costs. The cost of recruiting billing associates involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of billing associate recruiting as well the ongoing costs of maintaining the new employee.
Billing associates earn a median yearly salary is $34,612 a year in the US. However, if you're looking to find billing associates for hire on a contract or per-project basis, hourly rates typically range between $12 and $20.