Junior Billing Specialist salary in Iceland

Average Yearly Salary of Junior Billing Specialist in Iceland is approximately 6,803,029 ISK (47,898 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 Junior Billing Specialist do?

A junior billing specialist is responsible for assisting in the billing process of a company or organization. They typically work under the supervision of a senior billing specialist or a billing manager. Their main duties include reviewing and verifying invoices, ensuring accuracy of billing information, resolving billing discrepancies, and preparing and sending out invoices to customers or clients. They may also be responsible for maintaining billing records, updating customer information, and responding to billing inquiries or disputes.

Skills: Junior billing specialist, billing process, invoice verification, billing accuracy, billing discrepancies, invoice preparation
Job industry: Finance

How much does Junior Billing Specialist make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Junior Billing Specialist a well paid job?

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

What is considered a high salary for Junior Billing Specialist?

High salary for Junior Billing Specialist would be somewhere between 7,483,332 ISK and 9,864,392 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Junior Billing Specialist 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: 6,803,029 ISK
Estimated Monthly Salary: 566,919 ISK
Estimated Weekly Salary: 130,827 ISK per week
Estimated Hourly Salary: 3,271 ISK per hour
By working as Junior Billing Specialist a person can save up to 1,263 USD per month or 15,152 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 Junior Billing Specialist

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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