Billing representatives work for different financial organizations. Several transactions work on credit basis. It includes taking ownership of the goods and promising to pay on a latter day. Payment can be made in total or in installments. Often this function of tracking payment records and receiving debts is outsourced to external organizations. These organizations appoint experts who represent the organization and look after the payments receivable from the customers. These experts are called billing representatives. This profile is an entry level profile and hence, does not have rigid eligibility criteria. Hence, if you are new to the job market and wish to work, begin your career in a promising field then this job profile would be apt for you. Here is a description of the billing representative responsibilities for you to refer and make your career decisions.
As discussed earlier, there are no specific educational requirements to perform these billing representative responsibilities. One needs to develop certain skills to be able to perform the responsibilities. Aspirants must work on their data management skills since they perform work with extensive databases. They must be curt, confident yet polite while demanding payments. Strong negotiation and convincing skills are significant for this profile. Aptitude towards math is mandatory since the representatives are expected to be quick and accurate while making calculations.
Billing representatives work in wide variety of industries - banking, insurance, financial consulting, retail sale, online shopping, manufacturing units, etc. There is a significant number of billing representatives employed at medical centers. They calculate expenses and draft bills for the patients. They work in all organizations that transact business on credit basis. Since the ownership of the goods gets transferred instantly without any actual payment, the probability of loss lies with the seller. In event of non-payment, he bears a loss of amount equivalent to the amount of the goods sold. Hence, specialist billing representatives are appointed to make certain that the customers make timely payments and prevent losses for the organization.
An experience as a billing representative will pave way for you to work in the accounts department. This experience will help you get acquainted with basic accounting terminologies and billing methods. Go through the given list of billing representative responsibilities and update your profile with all the key requirements expected for this profile. Draft an impressive resume for yourself and you are all set to search for jobs as billing representatives.