Billing and Collections Specialist Salary in Kentucky

Billing & Collections Specialist - Average Salary $55,267

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Medical Billing and Collections Specialist - Average Salary $65,505

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Billing and Collections Analyst IV - Average Salary $69,090

The Billing and Collections Analyst IV maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Being a Billing and Collections Analyst IV generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. In addition, Billing and Collections Analyst IV investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Being a Billing and Collections Analyst IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as a Billing and Collections Analyst IV typically requires 7+ years of related experience.

Accounts Receivable, Billing, Collections Specialist - Average Salary $37,833

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Billing and Collections Supervisor - Average Salary $67,490

The Billing and Collections Supervisor maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Responsible for supervising and guiding operations in the accounts receivable function of an organization. Being a Billing and Collections Supervisor negotiates with past-due accounts to resolve all payment issues in a timely manner. Monitors collection period and sends follow-up inquiries regarding payments for the organization. In addition, Billing and Collections Supervisor implements standard operating procedures to ensure compliance with internal accounting policies and controls. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Requires a bachelor's degree. Typically reports to a manager. The Billing and Collections Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Working as a Billing and Collections Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.