Billing Analyst (2024)

Table of Contents

Key Responsibilities Job Requirements/Qualifications Skills needed for this role Career Level Job Specializations

Billing analysts work in a company’s accounting department and ensure that clients are billed correctly. They correspond with clients, issue invoices, and oversee the company’s revenue intake. The billing analyst is also responsible for invoicing the client and able to communicate about the invoice and discrepancies.

Key Responsibilities

Analyzes all billing procedures and identifies opportunities for improvement
Monitors accounts receivable and transactions
Conducts monthly pre-billing review and data quality analysis to verify complete accuracy of invoices delivered to customers and providers
Cooperates with other teams to ensure billing accuracy
Reconciles invoices with balance sheet reports and resolving any discrepancies
Ensures that all billing calculations are correct before sending invoices to customers
Resolves any errors or discrepancies with customer billing, accounts, or billing reports
Produces charts and graphs to show revenue variances for analysis by billing manager or executive staff
Interacts with clients to resolve any issues and answer inquiries

Job Requirements/Qualifications

3+ years’ experience of working on a Billing Analyst or similar accounting position
Good practical experience with electronic billing procedures
Excellent knowledge of MS Office٫ particularly especially Excel
Familiarity with databases and SQL
Proficiency in Microsoft Office, data entry, and accounting software programs

Skills needed for this role

Billing Analysts must have certain skills and character traits to succeed in the world of finance. A Billing Analyst must have a strong attention to detail, as just one mis-typed number or decimal can hurt their employer’s bottom line. They must also have a mastery of spreadsheets and be able to communicate technical financial information to non-financial decision makers. A good Billing Analyst is also a good communicator. Part of their job involves communicating with clients or customers in order to facilitate the flow of payments.