Description

The billing clerk reviews the financial work of other employees, ensuring tasks are completed in an efficient, effective manner. They inspect operational, technical, and financial information; for this reason, billing clerks must be be familiar with spreadsheet software, adding machines, audit reporting, and plans of action in case fraudulent activity is discovered. Further, the billing clerk must be willing to engage in clear, open, and honest conversations with the auditee, explaining any potential red flags or causes of suspicion. This is performed through a process of “final auditing,” in which the strengths, weakness, highlights, and recommendations discovered during the audit are explained to the auditee.The position requires a high level of attention to detail, along with excellent organization skills. The billing clerk must be capable of effective communication, as a single misstep could cost their company a large amount of money. Typically a bachelor's degree in accounting or a related field is required, as is experience in a similar position.

Roles & Responsibilities

With 6-9 years of experience as a Billing Clerk in Canada, your main responsibilities include:

  • Managing and maintaining accurate records of financial transactions, invoices, and billing statements. This involves ensuring the completeness and accuracy of billing documentation and recording financial data in appropriate systems.
  • Reviewing and verifying invoices, purchase orders, and payment details for accuracy and compliance. This includes cross-checking invoices against purchase orders, validating payment terms, and investigating any discrepancies.
  • Collaborating with internal teams and external clients to resolve billing issues and disputes. This entails communicating effectively to address billing inquiries, resolve payment discrepancies, and maintain positive client relationships.
  • Generating financial reports, reconciling accounts, and assisting with financial analysis.

Qualifications & Work Experience

For a Billing Clerk, the following qualifications are required:

  • Proficiency in accounting software and systems to accurately process invoices, payments, and financial transactions.
  • Attention to detail and strong numerical skills to ensure accurate and error-free billing, including identifying discrepancies and resolving billing issues.
  • Excellent organizational abilities to manage and prioritize multiple tasks, invoices, and deadlines in a fast-paced environment.
  • Effective communication skills to interact with clients, vendors, and internal teams, resolving billing inquiries and providing exceptional customer service.

Essential Skills For Billing Clerk

1

Data Entry

2

Microsoft Excel

3

Customer Billing

Skills That Affect Billing Clerk Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Data Entry

4%

Microsoft Excel

6%

Customer Billing

5%

Career Prospects

For a Billing Clerk with 6-9 years of experience in Canada, there are several alternative roles to consider. Here are four options to explore:

  • Accounts Receivable Supervisor: This role involves overseeing the collection of payments from customers, managing credit policies, and resolving billing issues.
  • Payroll Administrator: A position focused on processing employee wages, ensuring accurate tax deductions, and managing payroll-related compliance.
  • Cost Accountant: This role involves analyzing and monitoring costs within an organization, providing insights on cost-saving opportunities, and supporting budgeting and forecasting activities.
  • Financial Controller: A position with broader responsibilities, including managing financial operations, preparing financial statements, and ensuring compliance with accounting standards and regulations.

How to Learn

The role of a Billing Clerk in Canada is expected to experience steady growth in the job market. According to a 10-year analysis, the number of employment opportunities is projected to increase due to the continuous demand for accurate billing and financial record-keeping within organizations. The rise of businesses in various sectors, such as healthcare, retail, and finance, contributes to the positive outlook for this role. With automation and technological advancements, employers may also seek Billing Clerks with knowledge in relevant software applications. Overall, the future of Billing Clerks in Canada appears promising in terms of job availability and career opportunities.