How Much Do Invoice Analyst Make?
How much do invoice analyst make? Discover the average salary, base salary, and compensation for invoice analyst in the analysis & research category. Learn about invoice analyst pay per hour, per week, per month, and per annum with detailed salary ranges from $55,000 to $70,000.
How Much Do Invoice Analyst Make? Complete Salary Guide
How much do invoice analyst make? This is one of the most common questions in career planning. Invoice Analyst in the Analysis & Research field can expect to earn an average salary of $70,000 per year, with entry-level positions starting at $55,000 and experienced professionals earning up to $70,000 annually.
When breaking down the average salary of invoice analyst by time periods, invoice analyst typically make around $5,833.333 per month and approximately $1,346.154 per week. The basic salary of invoice analyst varies significantly based on experience level, location, and industry specialization. Entry-level invoice analyst typically start with a base salary of $55,000, while mid-career professionals earn an average of $65,000, and senior-level roles can command salaries exceeding $70,000.
The salary landscape for invoice analyst is influenced by several key factors including geographic location, years of experience, educational background, and specific industry demands. How much do invoice analyst make in a week? On average, this translates to approximately $1,346.154 per week. How much do invoice analyst make per annum? The annual salary range spans from $45,000 to $85,000, with the median salary sitting at $70,000. Additionally, many invoice analyst receive bonuses averaging $5,000 annually, representing approximately 10.25% of their base salary.
How Much Do Invoice Analyst Get Paid Per Annum? Invoice Analyst Salary
Annual salary data for invoice analyst across different experience levels, showing entry-level, mid-career, and experienced professional compensation ranges based on industry standards.
Entry Level Annual Salary
Mid-Career Annual Salary
Experienced Annual Salary
How Much Do Invoice Analyst Get Paid in a Month? Invoice Analyst Monthly Salary
Monthly salary breakdowns for invoice analyst at different career stages, providing practical budgeting insights and compensation expectations for financial planning.
Entry Level Monthly Salary
Mid-Career Monthly Salary
Experienced Monthly Salary
How Much Do Invoice Analyst Get Paid in Different Locations?
Geographic salary variations for invoice analyst across different cities and regions, including cost of living adjustments and regional market demand factors that impact compensation.
Invoice Analyst Salary Trends
Historical salary progression for invoice analyst over the past years, showing year-over-year compensation growth and market trends in the industry.
Invoice Analyst Salary Trends (2020 - 2025)
Bonus & Compensation Package
Additional compensation beyond base salary, including bonuses, commissions, and overtime opportunities that contribute to total annual earnings.
Bonus Percentage
of annual salary
Bonuses for Invoice Analysts are typically awarded based on performance metrics, accuracy, efficiency, and meeting departmental goals or targets.
Average Bonus
annually
Commission
Invoice Analyst roles often do not offer commission, but some companies may provide performance-based incentives or bonuses related to efficiency and accuracy in invoicing processes.
Overtime
Overtime pay for Invoice Analysts varies by company; it's common in high-demand periods but not guaranteed, depending on workload and organizational policies.
Employee Benefits Package
Comprehensive benefits and perks provided to employees, including health coverage, retirement plans, time off policies, and professional development opportunities.
Comprehensive Benefits
Typical benefits for an Invoice Analyst may include health insurance, a 401(k) retirement plan with employer matching, paid time off (PTO), flexible work arrangements, professional development opportunities, and performance bonuses.
Invoice Analyst Job Overview
Comprehensive details about the invoice analyst role including daily responsibilities, work environment, physical demands, and key tasks that define this career path.
About This Role
An Invoice Analyst manages and verifies invoices, ensuring accuracy and compliance with financial policies. They analyze billing discrepancies, process payments, and maintain records to optimize cash flow. This role requires strong attention to detail, analytical skills, and proficiency in accounting software to support efficient financial operations within an organization.
Primary Responsibilities
Invoice processing, data entry, discrepancy resolution, vendor communication, payment reconciliation, reporting and analysis, compliance monitoring, process improvement, system maintenance, customer support.
Day-to-Day Tasks
An Invoice Analyst reviews and processes invoices, reconciles discrepancies, communicates with vendors and internal teams, ensures compliance with financial policies, and generates reports to support accurate financial tracking.
Work Environment
Hybrid
Invoice Analysts typically work in office environments, using computers to analyze data, collaborate with teams, and ensure accurate billing processes.
Physical Demands
Moderate
Invoice Analysts typically work in an office environment, requiring prolonged periods of sitting, computer use, and attention to detail while managing invoices and financial data.
Invoice Analyst Requirements & Prerequisites
Essential qualifications and credentials needed to pursue a career as a invoice analyst, including educational background, certifications, and experience requirements.
Education
Bachelor's degree.
Field: Accounting, Finance, Business Administration, Economics, Mathematics, Information Systems, Data Analysis, Supply Chain Management.
Experience
3 years
Employers seek candidates with strong analytical skills, attention to detail, proficiency in invoicing software, experience in financial reporting, and the ability to communicate effectively within cross-functional teams.
Certifications
Certified Accounts Payable Professional (CAPP), Certified Management Accountant (CMA), Certified Public Accountant (CPA), Certified Bookkeeper, Financial Analyst Certification, Microsoft Excel Certification, QuickBooks Certification, Chartered Financial Analyst (CFA).
Required Skills
Attention to detail, analytical skills, proficiency in Excel, knowledge of accounting principles, communication skills, problem-solving abilities, time management, and familiarity with invoicing software.
Technical Skills
Soft Skills
Invoice Analyst Career Path
Professional progression opportunities for invoice analyst from entry-level to senior management, including typical career advancement timeline and role evolution.
Entry Level
Accounts Payable Clerk, Billing Specialist, Financial Analyst Assistant
Early-career Invoice Analysts review, process, and verify invoices, ensuring accuracy and compliance with financial policies while assisting in maintaining vendor relationships and resolving discrepancies.
Mid-Career
Accounts Payable Specialist, Financial Analyst, Billing Coordinator
Mid-career Invoice Analysts manage invoice processing, ensure accuracy, resolve discrepancies, analyze financial data, collaborate with vendors and departments, and support financial reporting and compliance.
Senior Management
Senior Financial Analyst, Finance Manager, Accounts Payable Supervisor
Senior Invoice Analysts manage invoice processing, ensure accuracy, resolve discrepancies, optimize workflows, analyze financial data, and collaborate with teams to enhance efficiency and compliance.
Career Progression Timeline
Timeline: 5 years
An Invoice Analyst typically progresses from entry-level roles to senior analyst positions, potentially advancing to management or specialized finance roles, enhancing skills in data analysis and financial reporting.
Invoice Analyst Industry & Growth
Market outlook and growth prospects for invoice analyst, including industry trends, job market demand, and factors influencing career opportunities and advancement.
Job Outlook
Stable
Projected: 2024–2034
Industry Trends
Increased automation and AI integration in invoicing processes, Growing demand for data analysis skills to enhance financial decision-making, Rising importance of compliance and regulatory knowledge in invoice management.
Growth Factors
Rising automation needs, complex billing processes, regulatory compliance, data accuracy demands, cost management focus, and enhanced financial analytics drive increased demand for Invoice Analysts.
Future Opportunities
Artificial intelligence, blockchain for secure transactions, automation tools, data analytics for insights, cloud-based invoicing platforms, and remote work solutions are emerging opportunities for Invoice Analysts.
Invoice Analyst Related Professions
Alternative career paths and similar roles for invoice analyst, including career transitions, related positions, and advancement opportunities within the field.
Similar Roles
Career Alternatives
Upgrade Paths
Related Entry Roles
Invoice Analyst Skills & Development
Essential skills and professional development resources for invoice analyst, including technical abilities, soft skills, recommended courses, and ongoing learning opportunities.
Technical Skills
Soft Skills Needed
Recommended Certifications
Recommended Courses
Development Resources
Training Timeline
Estimated training time
Frequently Asked Questions About Invoice Analyst Salary
Common questions and answers about pursuing a career as a invoice analyst, covering qualifications, salary expectations, career prospects, and practical career guidance.
What qualifications are needed to become an Invoice Analyst?
A degree in finance, accounting, or business administration is typically required, along with strong analytical skills.
What is the average salary of an Invoice Analyst?
The average salary ranges from $50,000 to $70,000 per year, depending on experience and location.
How can I get started in an Invoice Analyst career?
Gaining relevant experience through internships or entry-level positions in finance or accounting can help you start your career.
Do Invoice Analysts receive bonuses or incentives?
Yes, many companies offer performance-based bonuses and incentives based on accuracy and efficiency.
Is certification important for an Invoice Analyst?
While not mandatory, certifications like Certified Accounts Payable Professional (CAPP) can enhance job prospects and credibility.
How Much Others Make?
Explore salary data for other professions to compare compensation across different career paths and industries.