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Become A Billing Consultant

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Working As A Billing Consultant

  • Processing Information
  • Interacting With Computers
  • Getting Information
  • Performing Administrative Activities
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Repetitive

  • $43,000

    Average Salary

What Does A Billing Consultant Do

Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions.

Duties

Financial clerks typically do the following:

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Financial clerks give administrative and clerical support in financial settings. Their specific job duties vary by specialty and by setting.

Billing and posting clerks calculate charges, develop bills, and prepare them to be mailed to customers. They review documents such as purchase orders, sales tickets, charge slips, and hospital records to compute fees or charges due. They also contact customers to get or give account information.

Gaming cage workers work in casinos and other gaming establishments. The “cage” in which they work is the central depository for money and gaming chips. Gaming cage workers sell gambling chips, tokens, or tickets to patrons. They count funds and reconcile daily summaries of transactions in order to balance books.

Payroll and timekeeping clerks compile and post employee time and payroll data. They verify and record attendance, hours worked, and pay adjustments. They ensure that employees are paid on time and that their paychecks are accurate.

Procurement clerks compile requests for materials, prepare purchase orders, keep track of purchases and supplies, and handle questions about orders. They respond to questions from customers and suppliers about the status of orders. They handle requests to change or cancel orders. They make sure that purchases arrive on schedule and that the items meet the purchaser’s specifications.

Brokerage clerks help with tasks associated with securities such as stocks, bonds, commodities, and other kinds of investments. Their duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.

Credit authorizers, checkers, and clerks review the credit history, and get the information needed to determine the creditworthiness, of individuals or businesses applying for credit. Credit authorizers evaluate customers’ computerized credit records and payment histories to decide, based on predetermined standards, whether to approve new credit. Credit checkers call or write credit departments of business and service establishments to get information about applicants’ credit standing.

Loan interviewers, also called loan processors or loan clerks, interview applicants and others to get and verify personal and financial information needed to complete loan applications. They also prepare the documents that go to the appraiser and are issued at the closing of a loan.

New accounts clerks interview people who want to open accounts in financial institutions. They explain the account services available to prospective customers and help them fill out applications. They also investigate and correct errors in accounts.

Insurance claims and policy processing clerks process applications for insurance policies. They also handle customers’ requests to change or cancel their existing policies. Their duties include interviewing clients and reviewing insurance applications to ensure that all questions have been answered. They also notify insurance agents and accounting departments of policy cancellations or changes.

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How To Become A Billing Consultant

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Billing Consultant Career Paths

Billing Consultant
Billing Specialist Accounts Receivable Specialist Accountant
Accountant And Office Manager
6 Yearsyrs
Billing Specialist Team Leader Office Manager
Practice Manager
9 Yearsyrs
Billing Specialist Team Leader Case Manager
Clinical Manager
8 Yearsyrs
Consultant Manager Office Manager
Business Office Manager
7 Yearsyrs
Consultant Team Leader Office Manager
Billing Manager
7 Yearsyrs
Consultant Manager Director
Administrative Director
8 Yearsyrs
Medical Billing, Receptionist Accounts Receivable Specialist Credit Analyst
Credit Manager
5 Yearsyrs
Medical Billing, Receptionist Accounts Receivable Specialist Accountant
Accounts Payable Manager
7 Yearsyrs
Medical Billing, Receptionist Medical Coder Billing Manager
Accounts Receivable Manager
6 Yearsyrs
Accounts Payable Clerk Human Resources Coordinator Executive Assistant
Office Manager Of Human Resources
6 Yearsyrs
Accounts Payable Clerk Credit Analyst Credit Manager
Collections Manager
5 Yearsyrs
Accounts Payable Clerk Administrator Business Office Manager
Business Office Director
8 Yearsyrs
Medical Coder Billing Manager
Revenue Manager
8 Yearsyrs
Medical Coder Billing Supervisor
Billing Office Manager
6 Yearsyrs
Analyst Owner/Operator Food Service Manager
Patient Services Manager
7 Yearsyrs
Analyst Senior Accountant Accounts Receivable Manager
Patient Account Manager
7 Yearsyrs
Analyst Finance Analyst Revenue Analyst
Billing Supervisor
6 Yearsyrs
Reimbursement Specialist Medical Office Manager
Medical Billing Manager
6 Yearsyrs
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Do you work as a Billing Consultant?

Help others decide if this is a good career for them

Average Length of Employment
Billing Specialist 3.0 years
Billing Coder 3.0 years
Billing Consultant 3.0 years
Billing Analyst 2.9 years
Billing Associate 2.8 years
Biller 2.6 years
Billing Assistant 2.2 years
Top Careers Before Billing Consultant
Consultant 8.8%
Analyst 3.4%
Cashier 3.2%
Top Careers After Billing Consultant
Consultant 12.8%
Cashier 3.7%
Physician 3.1%

Do you work as a Billing Consultant?

Billing Consultant Demographics

Gender

Female

65.2%

Male

21.9%

Unknown

12.9%
Ethnicity

White

60.6%

Hispanic or Latino

15.8%

Black or African American

13.0%

Asian

7.4%

Unknown

3.2%
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Foreign Languages Spoken

Spanish

40.0%

German

10.0%

French

10.0%

Portuguese

5.0%

Hawaiian

5.0%

Vietnamese

5.0%

Cantonese

5.0%

Carrier

5.0%

Hindi

5.0%

Mandarin

5.0%

Polish

5.0%
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Billing Consultant Education

Schools

University of Phoenix

21.7%

The Academy

6.7%

Central Connecticut State University

6.7%

Kaplan University

6.7%

Middlesex Community College - Middletown

5.0%

Southern New Hampshire University

5.0%

Saint John's University - New York

4.2%

Temple University

4.2%

Walden University

4.2%

Rasmussen College

4.2%

University of North Texas

3.3%

Ashford University

3.3%

Bradford School

3.3%

Houston Community College

3.3%

Colorado Technical University

3.3%

Ultimate Medical Academy - Clearwater

3.3%

National Louis University

3.3%

Monroe College

3.3%

University of South Florida

2.5%

Franklin University

2.5%
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Majors

Business

31.7%

Health Care Administration

15.2%

Accounting

10.4%

Nursing

4.5%

Psychology

4.2%

Management

3.8%

Computer Information Systems

3.3%

Communication

3.1%

Computer Science

2.8%

Finance

2.8%

Medical Assisting Services

2.6%

Liberal Arts

2.2%

Information Technology

2.1%

Human Resources Management

1.9%

General Studies

1.7%

Education

1.7%

Insurance

1.7%

Computer Engineering

1.6%

Project Management

1.4%

Sociology

1.4%
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Degrees

Bachelors

33.0%

Other

28.0%

Associate

14.1%

Masters

13.0%

Certificate

7.9%

Diploma

3.0%

Doctorate

0.7%

License

0.4%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$43,000
View Detailed Salary Report
$25,000
Min 10%
$43,000
Median 50%
$43,000
Median 50%
$43,000
Median 50%
$43,000
Median 50%
$43,000
Median 50%
$43,000
Median 50%
$43,000
Median 50%
$75,000
Max 90%
Best Paying Company
TriZetto Healthcare Products
Highest Paying City
Seattle, WA
Highest Paying State
Alaska
Avg Experience Level
2.7 years
How much does a Billing Consultant make at top companies?
The national average salary for a Billing Consultant in the United States is $43,989 per year or $21 per hour. Those in the bottom 10 percent make under $25,000 a year, and the top 10 percent make over $75,000.

Real Billing Consultant Salaries

Job Title Company Location Start Date Salary
Sap-Isu Billing Consultant Avertra Corporation Pittsburgh, PA Mar 11, 2014 $120,000
Sap-Isu Billing Consultant Avertra Corporation Pittsburgh, PA Mar 28, 2014 $120,000
SAP ISU Billing Consultant Microexcel, Inc. Dallas, TX Jul 03, 2016 $100,000
Oracle Revenue and Management Billing Consultant Accenture LLP Florham Park, NJ Jan 24, 2014 $85,000
Oracle Revenue Management & Billing Consultant Accenture LLP Hoboken, NJ Sep 17, 2013 $85,000
Senior Billing Consultant Eminent Consulting, Inc. Ridgeland, MS Sep 16, 2014 $80,000
Senior Billing Consultant Synthesis Systems, Inc. Ridgeland, MS Sep 16, 2014 $80,000
SR Billing Consultant Synthesis Systems, Inc. Ridgeland, MS Sep 09, 2014 $80,000

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Top Skills for A Billing Consultant

  1. Medical Records
  2. Insurance Companies
  3. Customer Service
You can check out examples of real life uses of top skills on resumes here:
  • Compile medical records necessary for billing inpatient/outpatient facility claims, Medicare and Workers' Compensation.
  • Collaborated with multiple different insurance companies to resolve specific claim concerns to generate additional payments.
  • Conducted performance reviews for all Customer Service Representatives to reduce resolution time and improve customer satisfaction rates.
  • Reported these outcomes to further increase profitability and accounts receivables.
  • Managed East Orange General Hospital Medicaid Eligibility Unit for the uninsured patients.

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Top 10 Best States for Billing Consultants

  1. District of Columbia
  2. Minnesota
  3. Connecticut
  4. Massachusetts
  5. North Dakota
  6. Delaware
  7. New York
  8. Rhode Island
  9. Alaska
  10. Illinois
  • (60 jobs)
  • (189 jobs)
  • (94 jobs)
  • (255 jobs)
  • (43 jobs)
  • (22 jobs)
  • (474 jobs)
  • (54 jobs)
  • (6 jobs)
  • (377 jobs)

Top Billing Consultant Employers

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