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The differences between billing specialists 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 specialist and a billing analyst. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $35,624 average annual salary of a billing specialist.
The top three skills for a billing specialist include patients, customer service and data entry. The most important skills for a billing analyst are customer service, patients, and billing issues.
| Billing Specialist | Billing Analyst | |
| Yearly salary | $35,624 | $51,544 |
| Hourly rate | $17.13 | $24.78 |
| Growth rate | -3% | -3% |
| Number of jobs | 55,205 | 30,566 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 31% | Bachelor's Degree, 59% |
| Average age | 46 | 46 |
| Years of experience | 2 | 2 |
Billing specialists are accounting or finance employees who are responsible for sending out billing invoices to clients. They calculate charges that their clients have incurred. They then write bills, ensure that all details are correct, and send these out to clients. They also manage payment due dates and ensure that clients are duly reminded of such deadlines. Billing specialists also manage client accounts and ensure that they are paying on time. They help identify clients who have outstanding payables and send out collection notices to them. At times, billing specialists also manage the receipt of payments to manage account records better.
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 specialists and billing analysts have different pay scales, as shown below.
| Billing Specialist | Billing Analyst | |
| Average salary | $35,624 | $51,544 |
| Salary range | Between $27,000 And $45,000 | Between $35,000 And $73,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Delaware | Alaska |
| Best paying company | TIBCO Software | Meta |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a billing specialist and a billing analyst in terms of educational background:
| Billing Specialist | Billing Analyst | |
| Most common degree | Bachelor's Degree, 31% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between billing specialists' and billing analysts' demographics:
| Billing Specialist | Billing Analyst | |
| Average age | 46 | 46 |
| Gender ratio | Male, 12.7% Female, 87.3% | Male, 29.7% Female, 70.3% |
| Race ratio | Black or African American, 10.9% Unknown, 4.4% Hispanic or Latino, 19.2% Asian, 7.4% White, 57.3% 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% |