Billing Clerk salary in Iceland

Average Yearly Salary of Billing Clerk in Iceland is approximately 6,071,951 ISK (42,255 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Billing Clerk do?

A billing clerk is responsible for processing and managing invoices and payments within an organization. They ensure accuracy in billing records, review customer accounts, and resolve any billing discrepancies or issues. Billing clerks also generate financial reports, maintain billing databases, and communicate with clients regarding payment status and inquiries. They may work in various industries, such as healthcare, retail, or finance, and collaborate closely with other departments, including accounting and customer service, to ensure smooth billing operations. Attention to detail, strong numerical skills, and proficiency in using billing software are essential for this role. Additionally, effective communication and problem-solving abilities are necessary to address customer concerns and maintain positive relationships.

Skills: Billing, Invoicing, Accounts Receivable, Payment Processing, Financial Reporting, Customer Service
Job industry: Accounting

How much does Billing Clerk make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Billing Clerk a well paid job?

No, our data shows that Billing Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though Billing Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Billing Clerk?

High salary for Billing Clerk would be somewhere between 6,679,146 ISK and 8,804,329 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Billing Clerk in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 6,071,951 ISK
Estimated Monthly Salary: 505,996 ISK
Estimated Weekly Salary: 116,768 ISK per week
Estimated Hourly Salary: 2,919 ISK per hour
By working as Billing Clerk a person can save up to 792 USD per month or 9,509 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Billing Clerk

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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