What do Billing and Posting Clerks Do?
Billing and Posting Clerks collect and record financial and numerical data for accounting purposes. This process may include the gathering, computing, and analysis of the collected information. After the billing component is completed, clerks typically compile the information into an invoice. Many clerks may be required to perform basic clerical tasks as well.
Billing and Posting Clerks Skills and Abilities
In-depth knowledge of clerical processes is usually required in order to perform this job properly. Managing records, word processing, and transcribing are just a few of the clerical tasks that billing and posting clerks may be asked to perform. General customer service etiquette is also utilized when communicating with others in-person and over the phone. Although no advanced degree is required, a basic understanding of mathematical and accounting principles and terms are generally necessary to become a clerk. Since clerks compile and work with large amounts of sensitive financial information, strong organizational skills come in handy.
Billing and Posting Clerks Duties
The work of a billing and posting clerk typically requires strong attention to detail and numerical accuracy. The bulk of the work consists of preparing bills, invoices, and financial statements for financial reasons. Clerks may also perform bookkeeping work such as posting data and keeping records of important transactions. The majority of information is entered into a computer and understanding of various electronic accounting platforms may be required. Clerks may also perform the following functions as well:
- Editing and revising financial statements and invoices
- Reviewing documents detailing financial transactions such as receipts
- Calculating the amount to be billed to various clients and customers
- Updating manuals and guides regarding rules and regulations
- Verifying the accuracy of financial information before it is officially entered into company records. Administrative activities such as filing and processing paperwork are common aspects of this field of work.
Billing and Posting Clerks Tools and Technologies
Billing and posting clerks make use of a wide array of electronic devices while at work. Desktop computers are the most widely used devices, and strong data entry skills are needed to excel. Accounting programs are usually installed on these computers and these programs provide a reliable and relatively permanent way to organize and store important data. Calculators are also required since clerks will be handling large amounts of numerical data for extended periods of time. Other office devices such as fax machines and printers will be used in this particular position.
Education and Training for Billing and Posting Clerks
The vast majority of billing and posting clerks possess at least a high-school diploma. Roughly 14% possess a bachelors degree. Short-term, on-the-job training is usually required in order to properly understand the job. Most billing and posting positions do not require extensive work experience. This field can provide a steady income to anyone looking for a professional job that doesnt require high levels of education.
Billing and Posting Clerks Salary
The median yearly salary for a billing and posting clerk in the United States is $34,400. For clerks in the top 10% of the spectrum, salaries of $48,000+ dollars are common. The median salary for clerks on the lower end of the spectrum was $24,000 annually. Clerks employed in the rail transportation industry earned the highest salaries.
Billing and Posting Clerks Jobs by Geography
The top paying states for billing and posting clerks are the District of Columbia, Alaska, and Connecticut. The states with the highest concentration of clerks are Delaware, Kentucky, and New Jersey. The majority of posting clerks are employed in medical offices and facilities. The San Francisco-San Mateo-Redwood City metro area had the highest posting clerk salaries in the country.