Billing, Cost and Rate Clerks: Salary, Job Description, How To Be One and More

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Billing, Cost and Rate Clerks jobs information
pros and cons of being a Billing, Cost and Rate Clerk

Billing, Cost and Rate Clerks

Other names for this job might include Accounting Assistant, Accounting Clerk, Accounts Manager, Accounts Payable Clerk, Accounts Receivable Clerk, Administrative Assistant, Bill Checker, Bill Clerk, Bill of Lading Clerk, Bill of Materials Clerk (BOM Clerk)


  • $36300
    Salary
  • 70%
    Job satisfaction
  • Easy
    Becoming one
  • High
    Job growth
OwlGuru Rank

B



Billing, Cost and Rate Clerks: Know It All In 1 Minute


In this career summary, you will find out what the job of A Billing, Cost and Rate Clerk is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Billing, Cost and Rate Clerks compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.

  • Verify accuracy of billing data and revise any errors.
  • Prepare itemized statements, bills, or invoices and record amounts due for items purchased or services rendered.
  • Perform bookkeeping work, including posting data or keeping other records concerning costs of goods or services or the shipment of goods.
  • Operate typing, adding, calculating, or billing machines.

Read more about what does A Billing, Cost and Rate Clerk really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$36300 per year

Hourly wage
$17.45 an hour


Billing, Cost and Rate Clerks with little to no experience tend to make between $24570 and $28890 while the more experienced ones make over $42200 per year.

Top 5 paying statesHourlyAnnual
DC$25.66$53370
CT$21.06$43810
AK$20.42$42480
MA$19.84$41260
NJ$19.12$39770

1 of the easiest ways to increase your salary as A Billing, Cost and Rate Clerk is to move to a higher paying state like DC. Right now, the highest paying states for Billing, Cost and Rate Clerks are DC, CT, AK, MA and NJ.

However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as A Billing, Cost and Rate Clerk is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful Billing, Cost and Rate Clerks make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
High School Diploma (or GED)

We asked other Billing, Cost and Rate Clerks what degree they had when they got the job and most of them said they had a High School Diploma followed by Associates degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

No degree required

Another popular question from our readers is what makes A Billing, Cost and Rate Clerk successful or would they be good in this career.

Well, we found that most successful Billing, Cost and Rate Clerks have these 5 skillsets.

Active Listening
Speaking
Reading Comprehension
Critical Thinking
Monitoring

In addition to that, 1 common characteristic among successful Billing, Cost and Rate Clerks is they are good at Integrity. Here are the top 5 common characteristics.

Integrity
Dependability
Attention to Detail
Cooperation
Stress Tolerance
= Hot in-demand that most employers are looking for

Read more about what it really takes to become A Billing, Cost and Rate Clerk and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose A Billing, Cost and Rate Clerk as your career.

PROS
Suitable for people who likes to follow routines
Suitable for people who values relationships between coworkers and customers and wants to work in a friendly noncompetitive environment
This career is perfect for people who love to work indoors.
It is easy to get into this career. Some previous workrelated skill, knowledge, or experience is required for this career.
Normal working hours (40 hours per week)
CONS
Not suitable for people who likes to work with designs
One of the lowest paying jobs


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
70%

Is this job meaningful
50%


Working hours
40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Billing, Cost and Rate Clerks work 40 hours per week.

70% of Billing, Cost and Rate Clerks said they were satisfied with their job and 50% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Organizers and The Persuaders


You can read more about these career personality types here.

People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas.

They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



How we can help

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Career type

Office and Administration
Business Financial Management and Accounting

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Related to Billing, Cost and Rate Clerks Career Information

Billing, Cost and Rate Clerks job description, Billing, Cost and Rate Clerks salary, Billing, Cost and Rate Clerks information, what is the job of a Billing, Cost and Rate Clerk like, pros and cons about Billing, Cost and Rate Clerks, colleges and universities for Billing, Cost and Rate Clerks, is Billing, Cost, and Rate Clerks the right career for me, Easy careers to get into, careers in Office and Administration

Additional resources

http://www.bls.gov/OOH/office-and-administrative-support/financial-clerks.htm
http://www.aba.com/
https://www.mba.org/

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Billing, Cost and Rate Clerks
Written by: Stanley Tan
Billing, Cost and Rate Clerks compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.
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