How To Become A Revenue Specialist: What It Is and Career Path

What is a revenue specialist and how to become one

Updated January 8, 2025

4 min read

Revenue specialists process payments and claims for an organization. The responsibilities of a revenue specialist involve reviewing customers' orders and ensuring that all taxes are paid on time. They monitor tax deductions and expenses, liaise with external parties, produce revenue reports, and maintain a record of all transactions. The revenue specialist is also responsible for ensuring the delivery of results according to defined targets and milestones, developing documentation, training material, and information materials that enhance government performance.

Essential skills required for a revenue specialist are analytical skills; the ability to identify questionable claims for credits and deduction. Revenue specialists must be detail-oriented and have computer skills; they must be comfortable using a variety of software. Interpersonal skills are also important to a revenue specialist because you must be comfortable dealing with people and speaking with them during confrontational situations. The educational requirement of a revenue specialist is a bachelor's degree in finance, accounting, or business. They earn an average of $41,101 per year.

ScoreRevenue SpecialistUS Average

Salary

3.5

Avg. Salary $44,779

Avg. Salary $59,228

Stability Level

8.6

Growth Rate -7%

Growth Rate 0.3%

Diversity

3.0

Race

American Indian and Alaska Native 0.21%

Asian 9.91%

Black or African American 12.93%

Hispanic or Latino 16.22%

Unknown 3.23%

White 57.50%

Gender

female 75.75%

male 24.25%

Age - 50

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 50

Stress Level

8.6

Stress level is very high

7.1 - high

Complexity Level

6.6

Complexity Level is challenging

7 - challenging

Work Life Balance

7.4

Work Life balance is good

6.4 - fair

Key steps to become a revenue specialist

Explore revenue specialist education requirements

Most common revenue specialist degrees

Bachelor's

52.2 %

Associate

22.6 %

High School Diploma

8.6 %

Start to develop specific revenue specialist skills

Skills	Percentages
Patients	16.54%
Revenue Cycle	12.68%
CPT	5.78%
Data Entry	4.92%
Medical Terminology	4.85%

Complete relevant revenue specialist training and internships

Accountants spend an average of 3-6 months on post-employment, on-the-job training. New revenue specialists learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a revenue specialist based on U.S. Bureau of Labor Statistics data and data from real revenue specialist resumes.

Research revenue specialist duties and responsibilities

Process account receivables, charge entry, claims, and reimbursement in adherence to Medicare and all HMO guidelines.
Establish a strong understanding of ICD-9 diagnosis and medical inventory codes.
Work claim edits to ensure clean claim billing to Medicare/Medicare HMO's.
Review the complex medical records and accurately codes primary/secondary diagnoses and procedures using ICD-10-CM and CPT coding conventions.

Prepare your revenue specialist resume

When your background is strong enough, you can start writing your revenue specialist resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a revenue specialist resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose From 10+ Customizable Revenue Specialist Resume templates

Build a professional Revenue Specialist resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Revenue Specialist resume.

Apply for revenue specialist jobs

Now it's time to start searching for a revenue specialist job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams