Billing Specialist job description

A Billing Specialist plays a crucial role in ensuring accurate and timely processing of invoices and payments. The primary responsibility of a Billing Specialist is to generate customer invoices, record financial transactions, and reconcile billing discrepancies. They work closely with the accounting and finance department to maintain financial records and provide support in various billing-related tasks.

Responsibilities:

• Generate and send accurate and timely invoices to customers
• Review customer billing contracts and agreements to ensure correct billing information
• Ensure all billing information is complete and accurate before processing invoices
• Verify discrepancies and resolve customer billing issues
• Collaborate with internal teams to obtain required billing information
• Prepare and maintain billing documentation and reports
• Process credit memos and adjustments
• Update and reconcile customer accounts receivable records
• Monitor customer payments and follow up on overdue accounts
• Prepare and present financial and billing reports as required
• Assist in the development and improvement of billing procedures and processes
• Stay updated with industry regulations and best practices related to billing

Minimum Requirements:

• High school diploma or equivalent
• Proven experience in billing or related accounting roles
• Proficiency in using billing software and tools
• Strong mathematical and analytical skills
• Attention to detail and accuracy
• Excellent organizational and time management skills
• Ability to handle sensitive and confidential information
• Good written and verbal communication skills
• Proficient in basic computer applications (e.g., MS Excel, Word)

Minimum Qualifications:

To be considered for the role of a Billing Specialist, the candidate must have a high school diploma or equivalent qualification. They should have thorough knowledge and understanding of billing processes, financial transactions, and basic accounting principles. Prior experience in billing or related accounting roles is required to perform the job efficiently. Proficiency in using billing software and tools is essential to carry out the responsibilities effectively. The candidate should have strong mathematical and analytical skills to process and reconcile invoices accurately. Attention to detail and accuracy is critical to ensure correct billing information and resolve discrepancies promptly. Excellent organizational and time management skills are required to handle multiple billing tasks and meet deadlines. The candidate must have the ability to handle sensitive and confidential information with integrity. Good written and verbal communication skills are necessary to interact with customers and internal teams. Basic computer skills, especially using MS Excel and Word, are crucial for maintaining billing documentation and generating reports.

Recommended Skill Set:

• Associate or bachelor’s degree in accounting, finance, or related field
• Advanced knowledge of billing software and tools
• Experience in using accounting software (e.g., QuickBooks, SAP)
• Understanding of financial regulations and compliance
• Problem-solving and decision-making abilities
• Ability to work independently and in a team environment
• Strong interpersonal skills
• Ability to adapt to changing technology and processes
• Experience in the healthcare or telecommunications industry
• Knowledge of billing systems and structures

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